Melinvest: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Melinvest
Largest movements
- Tangible fixed assets +€134,179
new in 2025: €134,179
- Cash +€61,923
up €61,923 (+1,465%), from €4,228 to €66,151
mainly Net result for the year (+€96,377) and Debts after one year (+€85,612)
- Receivables within one year +€56,991
up €56,991 (+268%), from €21,296 to €78,287
- Current investments +€20,045
new in 2025: €20,045
- Reserves +€96,377
up €96,377 (+2,669%), from €3,611 to €99,989
- Debts after one year +€85,612
new in 2025: €85,612
- Tax, wage and social debts +€42,841
up €42,841 (+482%), from €8,885 to €51,726
of which Taxes: +€46,023
- Current portion of long-term debt +€34,720
new in 2025: €34,720
- Trade debts +€18,311
up €18,311 (+445%), from €4,115 to €22,426
- Gross operating margin +€155,309
up €155,309 (+3,128%), from €4,965 to €160,274
- Taxes +€35,280
up €35,280 (+3,786%), from €932 to €36,212
- Depreciation +€23,679
new in 2025: €23,679
- Financial charges +€2,931
new in 2025: €2,931
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,524 | €299,503 | +€273,979 | +1,073% |
| Fixed assets | 21/28 | - | €134,179 | +€134,179 | |
| Tangible fixed assets | 22/27 | - | €134,179 | +€134,179 | |
| Furniture and vehicles | 24 | - | €134,179 | +€134,179 | |
| Current assets | 29/58 | €25,524 | €165,325 | +€139,800 | +548% |
| Amounts receivable within one year | 40/41 | €21,296 | €78,287 | +€56,991 | +268% |
| Trade receivables | 40 | €21,296 | €78,287 | +€56,991 | +268% |
| Current investments | 50/53 | - | €20,045 | +€20,045 | |
| Cash at bank and in hand | 54/58 | €4,228 | €66,151 | +€61,923 | +1,465% |
| Deferred charges and accrued income | 490/1 | - | €842 | +€842 | |
| Total equity and liabilities | 10/49 | €25,524 | €299,503 | +€273,979 | +1,073% |
| Equity | 10/15 | €8,611 | €104,989 | +€96,377 | +1,119% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,611 | €99,989 | +€96,377 | +2,669% |
| Distributable reserves | 133 | €3,611 | €99,989 | +€96,377 | +2,669% |
| Amounts payable | 17/49 | €16,913 | €194,514 | +€177,602 | +1,050% |
| Amounts payable after more than one year | 17 | - | €85,612 | +€85,612 | |
| Financial debts | 170/4 | - | €85,612 | +€85,612 | |
| Amounts payable within one year | 42/48 | €14,604 | €108,903 | +€94,298 | +646% |
| Current portion of amounts payable after more than one year | 42 | - | €34,720 | +€34,720 | |
| Trade debts | 44 | €4,115 | €22,426 | +€18,311 | +445% |
| Suppliers | 440/4 | €4,115 | €22,426 | +€18,311 | +445% |
| Taxes, remuneration and social security | 45 | €8,885 | €51,726 | +€42,841 | +482% |
| Taxes | 450/3 | €5,703 | €51,726 | +€46,023 | +807% |
| Remuneration and social security | 454/9 | €3,182 | €0 | -€3,182 | -100% |
| Other amounts payable | 47/48 | €1,604 | €30 | -€1,574 | -98.1% |
| Accrued charges and deferred income | 492/3 | €2,309 | €0 | -€2,309 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €23,679 | +€23,679 | |
| Other operating charges | 640/8 | €422 | €1,140 | +€718 | +170% |
| Gross operating margin | 9900 | €4,965 | €160,274 | +€155,309 | +3,128% |
| Operating profit (loss) | 9901 | €4,543 | €135,456 | +€130,913 | +2,881% |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | - | €2,931 | +€2,931 | |
| Recurring financial charges | 65 | - | €2,931 | +€2,931 | |
| Profit (loss) for the period before taxes | 9903 | €4,543 | €132,589 | +€128,046 | +2,818% |
| Income taxes | 67/77 | €932 | €36,212 | +€35,280 | +3,786% |
| Profit (loss) for the period | 9904 | €3,611 | €96,377 | +€92,766 | +2,569% |
| Profit (loss) for the period to be appropriated | 9905 | €3,611 | €96,377 | +€92,766 | +2,569% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.