MELITI: 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.
MELITI
Largest movements
- Cash -€56,202
down €56,202 (-68.2%), from €82,366 to €26,164
mainly Debts after one year (-€73,496) and Investment in fixed assets (net) (-€15,137)
- Debts after one year -€73,496
down €73,496 (-21.5%), from €341,769 to €268,273
- Profit (loss) carried forward +€13,712
up €13,712 (+7.2%), from €191,777 to €205,489
- Short-term financial debts +€8,358
new in 2024: €8,358
- Taxes +€22,530
up €22,530, from -€3,353 to €19,177
- Gross operating margin -€3,357
down €3,357 (-6.3%), from €53,482 to €50,125
- Other operating charges -€2,644
down €2,644 (-28.2%), from €9,372 to €6,728
- Depreciation +€1,033
up €1,033 (+11.0%), from €9,373 to €10,406
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €648,260 | €596,789 | -€51,471 | -7.9% |
| Fixed assets | 21/28 | €565,894 | €570,625 | +€4,731 | +0.8% |
| Tangible fixed assets | 22/27 | €565,894 | €570,625 | +€4,731 | +0.8% |
| Land and buildings | 22 | €563,399 | €568,499 | +€5,100 | +0.9% |
| Plant, machinery and equipment | 23 | €2,495 | €2,126 | -€369 | -14.8% |
| Current assets | 29/58 | €82,366 | €26,164 | -€56,202 | -68.2% |
| Cash at bank and in hand | 54/58 | €82,366 | €26,164 | -€56,202 | -68.2% |
| Total equity and liabilities | 10/49 | €648,260 | €596,789 | -€51,471 | -7.9% |
| Equity | 10/15 | €306,446 | €320,158 | +€13,712 | +4.5% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €96,077 | €96,077 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €94,218 | €94,218 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191,777 | €205,489 | +€13,712 | +7.2% |
| Amounts payable | 17/49 | €341,814 | €276,631 | -€65,183 | -19.1% |
| Amounts payable after more than one year | 17 | €341,769 | €268,273 | -€73,496 | -21.5% |
| Financial debts | 170/4 | €341,769 | €268,273 | -€73,496 | -21.5% |
| Amounts payable within one year | 42/48 | €45 | €8,358 | +€8,313 | +18473.3% |
| Financial debts | 43 | - | €8,358 | +€8,358 | |
| Credit institutions | 430/8 | - | €8,358 | +€8,358 | |
| Trade debts | 44 | €45 | - | -€45 | |
| Suppliers | 440/4 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,373 | €10,406 | +€1,033 | +11.0% |
| Other operating charges | 640/8 | €9,372 | €6,728 | -€2,644 | -28.2% |
| Gross operating margin | 9900 | €53,482 | €50,125 | -€3,357 | -6.3% |
| Operating profit (loss) | 9901 | €34,737 | €32,991 | -€1,746 | -5.0% |
| Financial charges | 65/66B | €350 | €102 | -€248 | -71.0% |
| Recurring financial charges | 65 | €350 | €102 | -€248 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | €34,387 | €32,890 | -€1,497 | -4.4% |
| Income taxes | 67/77 | -€3,353 | €19,177 | +€22,530 | |
| Profit (loss) for the period | 9904 | €37,740 | €13,713 | -€24,027 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,740 | €13,713 | -€24,027 | -63.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.