Melioris: 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.
Melioris
Largest movements
- Receivables within one year -€60,369
down €60,369 (-75.2%), from €80,243 to €19,874
of which Trade receivables: -€69,256
- Cash +€13,639
up €13,639 (+122.4%), from €11,144 to €24,783
mainly Receivables within one year (+€60,369) and Depreciation (+€7,100)
- Tax, wage and social debts -€26,442
down €26,442 (-70.5%), from €37,497 to €11,055
of which Taxes: -€23,848
- Accrued charges and deferred income -€15,809
no longer reported in 2025 (was €15,809)
- Profit (loss) carried forward -€5,227
new in 2025: -€5,227
- Gross operating margin -€29,137
down €29,137 (-37.2%), from €78,265 to €49,128
- Taxes -€4,445
down €4,445 (-14.5%), from €30,568 to €26,123
- Depreciation +€1,532
up €1,532 (+27.5%), from €5,569 to €7,100
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 | €133,004 | €84,439 | -€48,565 | -36.5% |
| Fixed assets | 21/28 | €41,002 | €39,781 | -€1,221 | -3.0% |
| Tangible fixed assets | 22/27 | €41,002 | €39,781 | -€1,221 | -3.0% |
| Land and buildings | 22 | €32,675 | €31,375 | -€1,300 | -4.0% |
| Plant, machinery and equipment | 23 | €900 | €450 | -€450 | -50.0% |
| Furniture and vehicles | 24 | €7,427 | €7,956 | +€529 | +7.1% |
| Current assets | 29/58 | €92,002 | €44,658 | -€47,344 | -51.5% |
| Amounts receivable within one year | 40/41 | €80,243 | €19,874 | -€60,369 | -75.2% |
| Trade receivables | 40 | €69,256 | - | -€69,256 | |
| Other amounts receivable | 41 | €10,987 | €19,874 | +€8,887 | +80.9% |
| Cash at bank and in hand | 54/58 | €11,144 | €24,783 | +€13,639 | +122.4% |
| Deferred charges and accrued income | 490/1 | €614 | - | -€614 | |
| Total equity and liabilities | 10/49 | €133,004 | €84,439 | -€48,565 | -36.5% |
| Equity | 10/15 | €74,427 | €69,200 | -€5,227 | -7.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €72,427 | €72,427 | = | 0.0% |
| Distributable reserves | 133 | €72,427 | €72,427 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,227 | -€5,227 | |
| Amounts payable | 17/49 | €58,577 | €15,239 | -€43,338 | -74.0% |
| Amounts payable within one year | 42/48 | €42,768 | €15,239 | -€27,529 | -64.4% |
| Trade debts | 44 | €957 | - | -€957 | |
| Suppliers | 440/4 | €957 | - | -€957 | |
| Taxes, remuneration and social security | 45 | €37,497 | €11,055 | -€26,442 | -70.5% |
| Taxes | 450/3 | €34,902 | €11,055 | -€23,848 | -68.3% |
| Remuneration and social security | 454/9 | €2,594 | - | -€2,594 | |
| Other amounts payable | 47/48 | €4,315 | €4,185 | -€130 | -3.0% |
| Accrued charges and deferred income | 492/3 | €15,809 | - | -€15,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,569 | €7,100 | +€1,532 | +27.5% |
| Other operating charges | 640/8 | €15,572 | €15,894 | +€322 | +2.1% |
| Non-recurring operating charges | 66A | - | €3,499 | +€3,499 | |
| Gross operating margin | 9900 | €78,265 | €49,128 | -€29,137 | -37.2% |
| Operating profit (loss) | 9901 | €57,124 | €22,635 | -€34,489 | -60.4% |
| Financial income | 75/76B | €110 | €58 | -€52 | -47.6% |
| Recurring financial income | 75 | €110 | €58 | -€52 | -47.6% |
| Financial charges | 65/66B | €1,893 | €1,797 | -€96 | -5.1% |
| Recurring financial charges | 65 | €1,893 | €1,797 | -€96 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €55,341 | €20,896 | -€34,445 | -62.2% |
| Income taxes | 67/77 | €30,568 | €26,123 | -€4,445 | -14.5% |
| Profit (loss) for the period | 9904 | €24,773 | -€5,227 | -€30,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,773 | -€5,227 | -€30,000 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.