MELITRANS: 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.
MELITRANS
Largest movements
- Receivables within one year -€122,970
down €122,970 (-13.5%), from €908,971 to €786,001
of which Trade receivables: -€333,973
- Tax, wage and social debts -€117,444
down €117,444 (-24.3%), from €482,558 to €365,114
of which Taxes: -€154,954
- Profit (loss) carried forward -€60,370
down €60,370, from €29,598 to -€30,772
- Trade debts +€52,413
up €52,413 (+19.7%), from €265,699 to €318,112
- Taxes -€303,430
down €303,430 (-98.5%), from €308,084 to €4,654
- Other operating charges -€219,399
down €219,399 (-96.6%), from €227,208 to €7,809
- Staff costs -€30,816
down €30,816 (-13.3%), from €231,544 to €200,728
- Financial charges +€20,206
up €20,206 (+50.1%), from €40,343 to €60,549
- Gross operating margin -€9,373
down €9,373 (-4.2%), from €225,416 to €216,043
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.
Derived cash bridge
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 | €990,757 | €872,532 | -€118,225 | -11.9% |
| Fixed assets | 21/28 | €54,408 | €59,585 | +€5,177 | +9.5% |
| Tangible fixed assets | 22/27 | €19,408 | €24,585 | +€5,177 | +26.7% |
| Land and buildings | 22 | €17,353 | €17,353 | = | 0.0% |
| Furniture and vehicles | 24 | €2,055 | €7,232 | +€5,177 | +252% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €936,349 | €812,947 | -€123,402 | -13.2% |
| Stocks and contracts in progress | 3 | €24,335 | €24,335 | = | 0.0% |
| Stocks | 30/36 | €24,335 | €24,335 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €908,971 | €786,001 | -€122,970 | -13.5% |
| Trade receivables | 40 | €860,577 | €526,604 | -€333,973 | -38.8% |
| Other amounts receivable | 41 | €48,394 | €259,397 | +€211,003 | +436% |
| Current investments | 50/53 | €249 | €249 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,319 | €2,319 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €475 | €43 | -€432 | -90.9% |
| Total equity and liabilities | 10/49 | €990,757 | €872,532 | -€118,225 | -11.9% |
| Equity | 10/15 | €51,049 | -€9,321 | -€60,370 | |
| Contributions | 10/11 | €19,592 | €19,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 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% |
| Profit (loss) carried forward | 14 | €29,598 | -€30,772 | -€60,370 | |
| Provisions and deferred taxes | 16 | €187,605 | €187,605 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €187,605 | €187,605 | = | 0.0% |
| Taxes | 161 | €187,605 | €187,605 | = | 0.0% |
| Amounts payable | 17/49 | €752,103 | €694,248 | -€57,855 | -7.7% |
| Amounts payable within one year | 42/48 | €752,103 | €694,248 | -€57,855 | -7.7% |
| Financial debts | 43 | €2,627 | €9,803 | +€7,176 | +273% |
| Credit institutions | 430/8 | €2,627 | €9,803 | +€7,176 | +273% |
| Trade debts | 44 | €265,699 | €318,112 | +€52,413 | +19.7% |
| Suppliers | 440/4 | €265,699 | €318,112 | +€52,413 | +19.7% |
| Advances received on contracts in progress | 46 | €1,219 | €1,219 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €482,558 | €365,114 | -€117,444 | -24.3% |
| Taxes | 450/3 | €433,317 | €278,363 | -€154,954 | -35.8% |
| Remuneration and social security | 454/9 | €49,241 | €86,751 | +€37,510 | +76.2% |
| Remuneration, social security and pensions | 62 | €231,544 | €200,728 | -€30,816 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,520 | €2,673 | -€2,847 | -51.6% |
| Other operating charges | 640/8 | €227,208 | €7,809 | -€219,399 | -96.6% |
| Gross operating margin | 9900 | €225,416 | €216,043 | -€9,373 | -4.2% |
| Operating profit (loss) | 9901 | -€238,856 | €4,833 | +€243,689 | |
| Financial income | 75/76B | €1,365 | - | -€1,365 | |
| Recurring financial income | 75 | €565 | - | -€565 | |
| Non-recurring financial income | 76B | €800 | - | -€800 | |
| Financial charges | 65/66B | €40,343 | €60,549 | +€20,206 | +50.1% |
| Recurring financial charges | 65 | €40,343 | €60,549 | +€20,206 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | -€277,834 | -€55,716 | +€222,118 | +79.9% |
| Transfer from deferred taxes | 780 | €545,330 | - | -€545,330 | |
| Income taxes | 67/77 | €308,084 | €4,654 | -€303,430 | -98.5% |
| Profit (loss) for the period | 9904 | -€40,588 | -€60,370 | -€19,782 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,588 | -€60,370 | -€19,782 | -48.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.