MELKAFE: 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.
MELKAFE
Largest movements
- Cash -€25,305
down €25,305 (-61.8%), from €40,955 to €15,649
mainly Net result for the year (-€12,403) and Debts after one year (-€6,335)
- Tangible fixed assets -€1,179
down €1,179 (-6.6%), from €17,910 to €16,732
of which Furniture and vehicles: -€4,143
- Deferred charges and accrued income +€1,075
up €1,075 (+250%), from €430 to €1,504
- Stocks and contracts -€634
down €634 (-23.3%), from €2,718 to €2,084
- Profit (loss) carried forward -€12,403
down €12,403 (-69.1%), from -€17,937 to -€30,341
- Debts after one year -€6,335
down €6,335 (-92.0%), from €6,885 to €550
- Trade debts -€4,618
down €4,618 (-69.7%), from €6,626 to €2,008
- Tax, wage and social debts -€1,468
down €1,468 (-18.0%), from €8,157 to €6,689
of which Remuneration and social security: -€3,109
- Other debts -€965
down €965 (-4.9%), from €19,804 to €18,839
- Gross operating margin -€33,913
down €33,913 (-43.0%), from €78,834 to €44,921
- Staff costs -€25,186
down €25,186 (-35.8%), from €70,373 to €45,187
- Other operating charges +€1,688
up €1,688 (+153%), from €1,105 to €2,792
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 | €62,534 | €36,945 | -€25,589 | -40.9% |
| Fixed assets | 21/28 | €17,910 | €17,232 | -€679 | -3.8% |
| Tangible fixed assets | 22/27 | €17,910 | €16,732 | -€1,179 | -6.6% |
| Plant, machinery and equipment | 23 | €9,454 | €12,418 | +€2,964 | +31.4% |
| Furniture and vehicles | 24 | €8,456 | €4,314 | -€4,143 | -49.0% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €44,623 | €19,713 | -€24,910 | -55.8% |
| Stocks and contracts in progress | 3 | €2,718 | €2,084 | -€634 | -23.3% |
| Stocks | 30/36 | €2,718 | €2,084 | -€634 | -23.3% |
| Amounts receivable within one year | 40/41 | €521 | €476 | -€45 | -8.7% |
| Trade receivables | 40 | €497 | €147 | -€350 | -70.4% |
| Other amounts receivable | 41 | €24 | €329 | +€305 | +1,294% |
| Cash at bank and in hand | 54/58 | €40,955 | €15,649 | -€25,305 | -61.8% |
| Deferred charges and accrued income | 490/1 | €430 | €1,504 | +€1,075 | +250% |
| Total equity and liabilities | 10/49 | €62,534 | €36,945 | -€25,589 | -40.9% |
| Equity | 10/15 | €12,063 | -€341 | -€12,403 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,937 | -€30,341 | -€12,403 | -69.1% |
| Amounts payable | 17/49 | €50,471 | €37,285 | -€13,186 | -26.1% |
| Amounts payable after more than one year | 17 | €6,885 | €550 | -€6,335 | -92.0% |
| Financial debts | 170/4 | €6,885 | €550 | -€6,335 | -92.0% |
| Amounts payable within one year | 42/48 | €43,586 | €36,355 | -€7,231 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | €6,333 | €6,458 | +€125 | +2.0% |
| Trade debts | 44 | €6,626 | €2,008 | -€4,618 | -69.7% |
| Suppliers | 440/4 | €6,626 | €2,008 | -€4,618 | -69.7% |
| Advances received on contracts in progress | 46 | €2,666 | €2,361 | -€305 | -11.4% |
| Taxes, remuneration and social security | 45 | €8,157 | €6,689 | -€1,468 | -18.0% |
| Taxes | 450/3 | €3,206 | €4,847 | +€1,640 | +51.1% |
| Remuneration and social security | 454/9 | €4,951 | €1,842 | -€3,109 | -62.8% |
| Other amounts payable | 47/48 | €19,804 | €18,839 | -€965 | -4.9% |
| Accrued charges and deferred income | 492/3 | - | €381 | +€381 | |
| Remuneration, social security and pensions | 62 | €70,373 | €45,187 | -€25,186 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,361 | €5,804 | +€443 | +8.3% |
| Other operating charges | 640/8 | €1,105 | €2,792 | +€1,688 | +153% |
| Gross operating margin | 9900 | €78,834 | €44,921 | -€33,913 | -43.0% |
| Operating profit (loss) | 9901 | €1,995 | -€8,862 | -€10,858 | |
| Financial income | 75/76B | €567 | €469 | -€98 | -17.3% |
| Recurring financial income | 75 | €567 | €469 | -€98 | -17.3% |
| Financial charges | 65/66B | €4,114 | €4,010 | -€104 | -2.5% |
| Recurring financial charges | 65 | €4,114 | €4,010 | -€104 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,551 | -€12,403 | -€10,853 | -700% |
| Profit (loss) for the period | 9904 | -€1,551 | -€12,403 | -€10,853 | -700% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,551 | -€12,403 | -€10,853 | -700% |
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 14 October 2026 via checked.be.