MELIUS MAGNA: 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.
MELIUS MAGNA
Largest movements
- Receivables within one year -€110,193
down €110,193 (-63.9%), from €172,462 to €62,269
of which Trade receivables: -€80,308
- Cash +€13,201
up €13,201 (+4,965%), from €266 to €13,467
mainly Receivables within one year (+€110,193) and Net result for the year (+€18,150)
- Tangible fixed assets +€5,690
up €5,690 (+1,363%), from €417 to €6,108
- Deferred charges and accrued income +€3,633
up €3,633 (+55.5%), from €6,543 to €10,176
- Reserves -€54,153
down €54,153 (-52.5%), from €103,224 to €49,072
- Trade debts -€43,483
down €43,483 (-20.2%), from €215,075 to €171,593
- Other debts +€8,496
up €8,496 (+170%), from €5,000 to €13,496
- Tax, wage and social debts +€3,913
up €3,913 (+20.7%), from €18,947 to €22,861
of which Taxes: +€2,295
- Other operating charges -€28,716
down €28,716 (-47.3%), from €60,689 to €31,972
- Write-downs +€21,535
new in 2025: €21,535
- Staff costs +€9,004
up €9,004 (+16.2%), from €55,520 to €64,524
- Financial income +€1,927
up €1,927 (+27.1%), from €7,107 to €9,034
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 | €344,689 | €257,020 | -€87,668 | -25.4% |
| Fixed assets | 21/28 | €417 | €6,108 | +€5,690 | +1,363% |
| Tangible fixed assets | 22/27 | €417 | €6,108 | +€5,690 | +1,363% |
| Furniture and vehicles | 24 | €417 | €6,108 | +€5,690 | +1,363% |
| Current assets | 29/58 | €344,271 | €250,913 | -€93,359 | -27.1% |
| Amounts receivable after more than one year | 29 | €165,000 | €165,000 | = | 0.0% |
| Other amounts receivable | 291 | €165,000 | €165,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €172,462 | €62,269 | -€110,193 | -63.9% |
| Trade receivables | 40 | €136,491 | €56,183 | -€80,308 | -58.8% |
| Other amounts receivable | 41 | €35,971 | €6,086 | -€29,885 | -83.1% |
| Cash at bank and in hand | 54/58 | €266 | €13,467 | +€13,201 | +4,965% |
| Deferred charges and accrued income | 490/1 | €6,543 | €10,176 | +€3,633 | +55.5% |
| Total equity and liabilities | 10/49 | €344,689 | €257,020 | -€87,668 | -25.4% |
| Equity | 10/15 | €103,224 | €49,072 | -€54,153 | -52.5% |
| Reserves | 13 | €103,224 | €49,072 | -€54,153 | -52.5% |
| Distributable reserves | 133 | €103,224 | €49,072 | -€54,153 | -52.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €241,465 | €207,949 | -€33,516 | -13.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €241,465 | €207,949 | -€33,516 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €1,642 | €0 | -€1,642 | -100% |
| Trade debts | 44 | €215,075 | €171,593 | -€43,483 | -20.2% |
| Suppliers | 440/4 | €215,075 | €171,593 | -€43,483 | -20.2% |
| Advances received on contracts in progress | 46 | €800 | €0 | -€800 | -100% |
| Taxes, remuneration and social security | 45 | €18,947 | €22,861 | +€3,913 | +20.7% |
| Taxes | 450/3 | €10,773 | €13,068 | +€2,295 | +21.3% |
| Remuneration and social security | 454/9 | €8,174 | €9,792 | +€1,619 | +19.8% |
| Other amounts payable | 47/48 | €5,000 | €13,496 | +€8,496 | +170% |
| Non-recurring operating income | 76A | - | €83 | +€83 | |
| Remuneration, social security and pensions | 62 | €55,520 | €64,524 | +€9,004 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,090 | €610 | -€480 | -44.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €21,535 | +€21,535 | |
| Other operating charges | 640/8 | €60,689 | €31,972 | -€28,716 | -47.3% |
| Gross operating margin | 9900 | €154,451 | €153,455 | -€996 | -0.6% |
| Operating profit (loss) | 9901 | €37,152 | €34,814 | -€2,339 | -6.3% |
| Financial income | 75/76B | €7,107 | €9,034 | +€1,927 | +27.1% |
| Recurring financial income | 75 | €7,107 | €9,034 | +€1,927 | +27.1% |
| Financial charges | 65/66B | €16,351 | €16,347 | -€3 | 0.0% |
| Recurring financial charges | 65 | €16,351 | €16,347 | -€3 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €27,909 | €27,501 | -€408 | -1.5% |
| Income taxes | 67/77 | €9,576 | €9,350 | -€226 | -2.4% |
| Profit (loss) for the period | 9904 | €18,333 | €18,150 | -€182 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,333 | €18,150 | -€182 | -1.0% |
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 26 October 2026 via checked.be.