MELITAX: 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.
MELITAX
Largest movements
- Receivables within one year +€18,480
up €18,480 (+119.6%), from €15,452 to €33,932
of which Trade receivables: +€17,099
- Cash -€11,521
no longer reported in 2025 (was €11,521)
mainly Receivables within one year (-€18,480) and Tax, wage and social debts (-€11,236)
- Tangible fixed assets -€3,621
down €3,621 (-21.4%), from €16,951 to €13,330
of which Other tangible fixed assets: -€2,950
- Advances received +€25,983
new in 2025: €25,983
- Tax, wage and social debts -€11,236
down €11,236 (-64.3%), from €17,469 to €6,233
of which Taxes: -€12,236
- Accrued charges and deferred income -€11,009
no longer reported in 2025 (was €11,009)
- Gross operating margin -€18,185
down €18,185 (-76.1%), from €23,899 to €5,714
- Taxes -€4,382
down €4,382 (-76.2%), from €5,752 to €1,370
- Depreciation +€2,466
up €2,466 (+213.3%), from €1,156 to €3,621
- Other operating charges -€672
down €672 (-46.9%), from €1,433 to €761
- Financial income +€350
up €350 (+117.0%), from €299 to €650
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 | €43,924 | €47,262 | +€3,338 | +7.6% |
| Fixed assets | 21/28 | €16,951 | €13,330 | -€3,621 | -21.4% |
| Tangible fixed assets | 22/27 | €16,951 | €13,330 | -€3,621 | -21.4% |
| Plant, machinery and equipment | 23 | €2,815 | €2,144 | -€671 | -23.8% |
| Other tangible fixed assets | 26 | €14,136 | €11,186 | -€2,950 | -20.9% |
| Current assets | 29/58 | €26,973 | €33,932 | +€6,959 | +25.8% |
| Amounts receivable within one year | 40/41 | €15,452 | €33,932 | +€18,480 | +119.6% |
| Trade receivables | 40 | €4,375 | €21,474 | +€17,099 | +390.9% |
| Other amounts receivable | 41 | €11,077 | €12,459 | +€1,381 | +12.5% |
| Cash at bank and in hand | 54/58 | €11,521 | - | -€11,521 | |
| Total equity and liabilities | 10/49 | €43,924 | €47,262 | +€3,338 | +7.6% |
| Equity | 10/15 | €14,692 | €14,546 | -€146 | -1.0% |
| Profit (loss) carried forward | 14 | €14,692 | €14,546 | -€146 | -1.0% |
| Amounts payable | 17/49 | €29,232 | €32,716 | +€3,484 | +11.9% |
| Amounts payable within one year | 42/48 | €18,223 | €32,716 | +€14,493 | +79.5% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €754 | €493 | -€261 | -34.6% |
| Suppliers | 440/4 | €754 | €493 | -€261 | -34.6% |
| Advances received on contracts in progress | 46 | - | €25,983 | +€25,983 | |
| Taxes, remuneration and social security | 45 | €17,469 | €6,233 | -€11,236 | -64.3% |
| Taxes | 450/3 | €17,469 | €5,233 | -€12,236 | -70.0% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €11,009 | - | -€11,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,156 | €3,621 | +€2,466 | +213.3% |
| Other operating charges | 640/8 | €1,433 | €761 | -€672 | -46.9% |
| Gross operating margin | 9900 | €23,899 | €5,714 | -€18,185 | -76.1% |
| Operating profit (loss) | 9901 | €21,310 | €1,331 | -€19,979 | -93.8% |
| Financial income | 75/76B | €299 | €650 | +€350 | +117.0% |
| Recurring financial income | 75 | €299 | €650 | +€350 | +117.0% |
| Financial charges | 65/66B | €935 | €757 | -€178 | -19.0% |
| Recurring financial charges | 65 | €935 | €757 | -€178 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €20,674 | €1,224 | -€19,451 | -94.1% |
| Income taxes | 67/77 | €5,752 | €1,370 | -€4,382 | -76.2% |
| Profit (loss) for the period | 9904 | €14,923 | -€146 | -€15,069 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,923 | -€146 | -€15,069 |
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 2 October 2026 via checked.be.