Melita: 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.
Melita
Largest movements
- Cash -€37,875
down €37,875 (-26.5%), from €142,960 to €105,084
mainly Contributions, distributions and other (-€84,717) and Investment in fixed assets (net) (-€15,937)
- Receivables within one year +€2,920
up €2,920 (+12.9%), from €22,620 to €25,540
of which Other amounts receivable: +€1,650
- Tangible fixed assets +€2,419
up €2,419 (+5.8%), from €42,051 to €44,471
- Reserves -€33,141
down €33,141 (-39.3%), from €84,368 to €51,227
- Debts after one year -€12,317
down €12,317 (-41.8%), from €29,473 to €17,156
- Tax, wage and social debts +€6,680
up €6,680 (+250%), from €2,672 to €9,352
of which Taxes: +€7,380
- Other debts +€5,986
up €5,986 (+7.6%), from €78,730 to €84,717
- Gross operating margin +€12,874
up €12,874 (+17.6%), from €73,147 to €86,021
- Taxes +€5,536
up €5,536 (+42.2%), from €13,110 to €18,646
- Financial income -€3,405
down €3,405 (-98.4%), from €3,461 to €56
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 | €209,540 | €177,115 | -€32,425 | -15.5% |
| Fixed assets | 21/28 | €42,051 | €44,471 | +€2,419 | +5.8% |
| Tangible fixed assets | 22/27 | €42,051 | €44,471 | +€2,419 | +5.8% |
| Furniture and vehicles | 24 | €42,051 | €44,471 | +€2,419 | +5.8% |
| Current assets | 29/58 | €167,489 | €132,645 | -€34,844 | -20.8% |
| Amounts receivable within one year | 40/41 | €22,620 | €25,540 | +€2,920 | +12.9% |
| Trade receivables | 40 | €16,701 | €17,971 | +€1,270 | +7.6% |
| Other amounts receivable | 41 | €5,919 | €7,569 | +€1,650 | +27.9% |
| Cash at bank and in hand | 54/58 | €142,960 | €105,084 | -€37,875 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,909 | €2,020 | +€111 | +5.8% |
| Total equity and liabilities | 10/49 | €209,540 | €177,115 | -€32,425 | -15.5% |
| Equity | 10/15 | €84,368 | €51,227 | -€33,141 | -39.3% |
| Reserves | 13 | €84,368 | €51,227 | -€33,141 | -39.3% |
| Distributable reserves | 133 | €84,368 | €51,227 | -€33,141 | -39.3% |
| Amounts payable | 17/49 | €125,172 | €125,889 | +€717 | +0.6% |
| Amounts payable after more than one year | 17 | €29,473 | €17,156 | -€12,317 | -41.8% |
| Financial debts | 170/4 | €29,473 | €17,156 | -€12,317 | -41.8% |
| Amounts payable within one year | 42/48 | €95,699 | €107,982 | +€12,283 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €11,864 | €12,317 | +€453 | +3.8% |
| Trade debts | 44 | €2,432 | €1,597 | -€836 | -34.4% |
| Suppliers | 440/4 | €2,432 | €1,597 | -€836 | -34.4% |
| Taxes, remuneration and social security | 45 | €2,672 | €9,352 | +€6,680 | +250% |
| Taxes | 450/3 | €1,972 | €9,352 | +€7,380 | +374% |
| Remuneration and social security | 454/9 | €700 | - | -€700 | |
| Other amounts payable | 47/48 | €78,730 | €84,717 | +€5,986 | +7.6% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,779 | €13,518 | +€739 | +5.8% |
| Other operating charges | 640/8 | €1,003 | €484 | -€519 | -51.8% |
| Gross operating margin | 9900 | €73,147 | €86,021 | +€12,874 | +17.6% |
| Operating profit (loss) | 9901 | €59,366 | €72,020 | +€12,654 | +21.3% |
| Financial income | 75/76B | €3,461 | €56 | -€3,405 | -98.4% |
| Recurring financial income | 75 | €3,461 | €56 | -€3,405 | -98.4% |
| Financial charges | 65/66B | €2,367 | €1,855 | -€512 | -21.6% |
| Recurring financial charges | 65 | €2,367 | €1,855 | -€512 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €60,461 | €70,221 | +€9,760 | +16.1% |
| Income taxes | 67/77 | €13,110 | €18,646 | +€5,536 | +42.2% |
| Profit (loss) for the period | 9904 | €47,351 | €51,575 | +€4,225 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,351 | €51,575 | +€4,225 | +8.9% |
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 20 October 2026 via checked.be.