Melisse: 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.
What changed
Melisse
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,285
2024 · €29,781-€19,496
Equity
€369,605
2024 · €359,320+€10,285
Cash
€88,173
2024 · €94,140-€5,967
Balance sheet total
€1.1m
2024 · €1.2m-€50,160
Largest movements
Assets
- Tangible fixed assets -€35,355
down €35,355 (-3.6%), from €986,740 to €951,386
of which Land and buildings: -€34,457
- Receivables after one year -€11,928
down €11,928 (-28.2%), from €42,347 to €30,419
Equity and liabilities
- Debts after one year -€48,252
down €48,252 (-7.2%), from €668,672 to €620,421
- Other debts -€18,227
down €18,227 (-41.4%), from €44,005 to €25,778
Income statement
- Gross operating margin -€29,194
down €29,194 (-28.0%), from €104,426 to €75,231
- Taxes -€9,506
down €9,506 (-56.6%), from €16,808 to €7,302
- Other operating charges -€3,161
down €3,161 (-48.6%), from €6,499 to €3,338
- Financial income -€1,872
down €1,872 (-97.3%), from €1,923 to €51
- Depreciation +€1,065
up €1,065 (+2.7%), from €39,726 to €40,790
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.
Result 2024
€29,781
Gross operating margin
-€29,194
Depreciation
-€1,065
Other operating charges
+€3,161
Financial income
-€1,872
Financial charges
-€147
Taxes
+€9,506
Deferred taxes and other
+€115
Result 2025
€10,285
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€58,976
Investment
-€15,436
Financing
-€49,507
Cash 2024
€94,140
From operations (derived)
+€58,976
Net result for the year
+€10,285
Depreciation
+€40,790
Receivables after one year
+€11,928
Receivables within one year
+€6,805
Smaller working-capital items
+€94
Provisions
-€922
Trade debts
+€8,222
Other debts
-€18,227
Investment (derived)
-€15,436
Investment in fixed assets (net)
-€5,436
Current investments
-€10,000
Financing
-€49,507
Debts after one year
-€48,252
Current portion of long-term debt
-€1,246
Short-term financial debts
-€9
Cash 2025
€88,173
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,159,054 | €1,108,894 | -€50,160 | -4.3% |
| Fixed assets | 21/28 | €986,740 | €951,386 | -€35,355 | -3.6% |
| Tangible fixed assets | 22/27 | €986,740 | €951,386 | -€35,355 | -3.6% |
| Land and buildings | 22 | €973,944 | €939,488 | -€34,457 | -3.5% |
| Plant, machinery and equipment | 23 | €691 | €2,258 | +€1,568 | +227% |
| Furniture and vehicles | 24 | €4,219 | €3,471 | -€748 | -17.7% |
| Other tangible fixed assets | 26 | €7,886 | €6,169 | -€1,717 | -21.8% |
| Current assets | 29/58 | €172,314 | €157,508 | -€14,806 | -8.6% |
| Amounts receivable after more than one year | 29 | €42,347 | €30,419 | -€11,928 | -28.2% |
| Other amounts receivable | 291 | €42,347 | €30,419 | -€11,928 | -28.2% |
| Amounts receivable within one year | 40/41 | €14,410 | €7,605 | -€6,805 | -47.2% |
| Trade receivables | 40 | €500 | €5,997 | +€5,497 | +1,099% |
| Other amounts receivable | 41 | €13,910 | €1,608 | -€12,302 | -88.4% |
| Current investments | 50/53 | €17,500 | €27,500 | +€10,000 | +57.1% |
| Cash at bank and in hand | 54/58 | €94,140 | €88,173 | -€5,967 | -6.3% |
| Deferred charges and accrued income | 490/1 | €3,917 | €3,811 | -€106 | -2.7% |
| Total equity and liabilities | 10/49 | €1,159,054 | €1,108,894 | -€50,160 | -4.3% |
| Equity | 10/15 | €359,320 | €369,605 | +€10,285 | +2.9% |
| Contributions | 10/11 | €43,592 | €43,592 | = | 0.0% |
| Reserves | 13 | €302,041 | €312,326 | +€10,285 | +3.4% |
| Non-distributable reserves | 130/1 | €4,359 | €4,359 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,359 | €4,359 | = | 0.0% |
| Tax-exempt reserves | 132 | €79,734 | €76,819 | -€2,915 | -3.7% |
| Distributable reserves | 133 | €217,947 | €231,147 | +€13,200 | +6.1% |
| Profit (loss) carried forward | 14 | €13,687 | €13,687 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €26,578 | €25,656 | -€922 | -3.5% |
| Deferred taxes | 168 | €26,578 | €25,656 | -€922 | -3.5% |
| Amounts payable | 17/49 | €773,157 | €713,633 | -€59,524 | -7.7% |
| Amounts payable after more than one year | 17 | €668,672 | €620,421 | -€48,252 | -7.2% |
| Financial debts | 170/4 | €668,672 | €620,421 | -€48,252 | -7.2% |
| Amounts payable within one year | 42/48 | €104,234 | €92,962 | -€11,272 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €49,137 | €47,891 | -€1,246 | -2.5% |
| Financial debts | 43 | €3,012 | €3,003 | -€9 | -0.3% |
| Credit institutions | 430/8 | €3,012 | €3,003 | -€9 | -0.3% |
| Trade debts | 44 | - | €8,222 | +€8,222 | |
| Suppliers | 440/4 | - | €8,222 | +€8,222 | |
| Taxes, remuneration and social security | 45 | €8,081 | €8,069 | -€12 | -0.2% |
| Taxes | 450/3 | €8,081 | €7,808 | -€273 | -3.4% |
| Remuneration and social security | 454/9 | - | €261 | +€261 | |
| Other amounts payable | 47/48 | €44,005 | €25,778 | -€18,227 | -41.4% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,726 | €40,790 | +€1,065 | +2.7% |
| Other operating charges | 640/8 | €6,499 | €3,338 | -€3,161 | -48.6% |
| Gross operating margin | 9900 | €104,426 | €75,231 | -€29,194 | -28.0% |
| Operating profit (loss) | 9901 | €58,201 | €31,103 | -€27,098 | -46.6% |
| Financial income | 75/76B | €1,923 | €51 | -€1,872 | -97.3% |
| Recurring financial income | 75 | €1,923 | €51 | -€1,872 | -97.3% |
| Financial charges | 65/66B | €14,342 | €14,489 | +€147 | +1.0% |
| Recurring financial charges | 65 | €14,342 | €14,489 | +€147 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €45,782 | €16,666 | -€29,117 | -63.6% |
| Transfer from deferred taxes | 780 | €807 | €922 | +€115 | +14.2% |
| Income taxes | 67/77 | €16,808 | €7,302 | -€9,506 | -56.6% |
| Profit (loss) for the period | 9904 | €29,781 | €10,285 | -€19,496 | -65.5% |
| Transfer from tax-exempt reserves | 789 | €2,420 | €2,915 | +€495 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,201 | €13,200 | -€19,001 | -59.0% |
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 19 October 2026 via checked.be.