Melior Construct: what changed
Two fiscal 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.
Melior Construct
Largest movements
- Receivables within one year -€42,104
down €42,104 (-40.9%), from €103,017 to €60,913
of which Trade receivables: -€41,551
- Tangible fixed assets -€19,440
down €19,440 (-13.4%), from €145,138 to €125,698
of which Furniture and vehicles: -€16,007
- Cash -€3,136
down €3,136 (-85.8%), from €3,654 to €518
mainly Trade debts (-€49,828) and Debts after one year (-€27,954)
- Deferred charges and accrued income +€3,045
new in 2025: €3,045
- Trade debts -€49,828
down €49,828 (-71.8%), from €69,424 to €19,595
- Debts after one year -€27,954
down €27,954 (-31.5%), from €88,787 to €60,832
- Profit (loss) carried forward +€22,761
up €22,761 (+12662.7%), from €180 to €22,941
- Current portion of long-term debt -€14,625
down €14,625 (-33.5%), from €43,715 to €29,090
- Tax, wage and social debts +€8,445
up €8,445 (+300.6%), from €2,809 to €11,255
- Gross operating margin +€55,929
up €55,929, from -€5,772 to €50,157
- Depreciation +€8,270
up €8,270 (+67.3%), from €12,284 to €20,555
- Taxes +€1,376
up €1,376 (+1587.3%), from €87 to €1,463
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.
Cash bridge derived
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 | €263,495 | €199,521 | -€63,974 | -24.3% |
| Fixed assets | 21/28 | €145,138 | €125,698 | -€19,440 | -13.4% |
| Tangible fixed assets | 22/27 | €145,138 | €125,698 | -€19,440 | -13.4% |
| Plant, machinery and equipment | 23 | €2,829 | €3,209 | +€380 | +13.4% |
| Furniture and vehicles | 24 | €71,855 | €55,848 | -€16,007 | -22.3% |
| Other tangible fixed assets | 26 | €70,454 | €66,641 | -€3,813 | -5.4% |
| Current assets | 29/58 | €118,356 | €73,822 | -€44,534 | -37.6% |
| Stocks and contracts in progress | 3 | €11,685 | €9,346 | -€2,339 | -20.0% |
| Stocks | 30/36 | €11,685 | €9,346 | -€2,339 | -20.0% |
| Amounts receivable within one year | 40/41 | €103,017 | €60,913 | -€42,104 | -40.9% |
| Trade receivables | 40 | €65,249 | €23,698 | -€41,551 | -63.7% |
| Other amounts receivable | 41 | €37,768 | €37,215 | -€553 | -1.5% |
| Cash at bank and in hand | 54/58 | €3,654 | €518 | -€3,136 | -85.8% |
| Deferred charges and accrued income | 490/1 | - | €3,045 | +€3,045 | |
| Total equity and liabilities | 10/49 | €263,495 | €199,521 | -€63,974 | -24.3% |
| Equity | 10/15 | €52,680 | €75,441 | +€22,761 | +43.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180 | €22,941 | +€22,761 | +12662.7% |
| Amounts payable | 17/49 | €210,815 | €124,080 | -€86,735 | -41.1% |
| Amounts payable after more than one year | 17 | €88,787 | €60,832 | -€27,954 | -31.5% |
| Financial debts | 170/4 | €88,787 | €60,832 | -€27,954 | -31.5% |
| Amounts payable within one year | 42/48 | €122,028 | €63,247 | -€58,781 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €43,715 | €29,090 | -€14,625 | -33.5% |
| Trade debts | 44 | €69,424 | €19,595 | -€49,828 | -71.8% |
| Suppliers | 440/4 | €69,424 | €19,595 | -€49,828 | -71.8% |
| Advances received on contracts in progress | 46 | €5,938 | €0 | -€5,938 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,809 | €11,255 | +€8,445 | +300.6% |
| Taxes | 450/3 | €2,809 | €11,255 | +€8,445 | +300.6% |
| Other amounts payable | 47/48 | €143 | €3,307 | +€3,164 | +2211.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,284 | €20,555 | +€8,270 | +67.3% |
| Other operating charges | 640/8 | €0 | €204 | +€204 | |
| Gross operating margin | 9900 | -€5,772 | €50,157 | +€55,929 | |
| Operating profit (loss) | 9901 | -€18,056 | €29,399 | +€47,455 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €5,287 | €5,175 | -€112 | -2.1% |
| Recurring financial charges | 65 | €5,287 | €5,175 | -€112 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,324 | €24,224 | +€47,548 | |
| Income taxes | 67/77 | €87 | €1,463 | +€1,376 | +1587.3% |
| Profit (loss) for the period | 9904 | -€23,410 | €22,761 | +€46,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,410 | €22,761 | +€46,172 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.