MELKERIJ NOORD: what changed
MELKERIJ NOORD
Largest movements
- Tangible fixed assets +€470,766
up €470,766 (+104,820%), from €449 to €471,215
of which Other tangible fixed assets: +€468,863
- Cash -€189,055
down €189,055 (-67.4%), from €280,355 to €91,301
mainly Investment in fixed assets (net) (-€506,901) and Contributions, distributions and other (-€50,000)
- Deferred charges and accrued income +€19,281
up €19,281 (+9,848%), from €196 to €19,477
- Reserves +€174,412
up €174,412 (+4,566%), from €3,820 to €178,232
of which Distributable reserves: +€174,412
- Debts after one year +€144,222
new in 2025: €144,222
- Profit (loss) carried forward -€114,464
down €114,464 (-100%), from €114,464 to €0
- Tax, wage and social debts +€45,302
up €45,302 (+400%), from €11,326 to €56,628
of which Taxes: +€44,423
- Other debts +€41,984
up €41,984 (+28.5%), from €147,133 to €189,117
- Depreciation +€35,691
up €35,691 (+8,030%), from €444 to €36,135
- Gross operating margin +€33,577
up €33,577 (+13.5%), from €247,854 to €281,431
- Staff costs +€6,004
up €6,004 (+7.2%), from €83,333 to €89,337
- Financial charges +€4,695
up €4,695 (+71.0%), from €6,616 to €11,310
- Taxes -€3,453
down €3,453 (-9.4%), from €36,690 to €33,237
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,340 | €611,683 | +€304,343 | +99.0% |
| Fixed assets | 21/28 | €449 | €471,215 | +€470,766 | +104,820% |
| Tangible fixed assets | 22/27 | €449 | €471,215 | +€470,766 | +104,820% |
| Land and buildings | 22 | - | €980 | +€980 | |
| Plant, machinery and equipment | 23 | €449 | €1,372 | +€923 | +206% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €468,863 | +€468,863 | |
| Current assets | 29/58 | €306,891 | €140,468 | -€166,423 | -54.2% |
| Amounts receivable within one year | 40/41 | €26,340 | €29,690 | +€3,350 | +12.7% |
| Trade receivables | 40 | €23,819 | €29,690 | +€5,871 | +24.6% |
| Other amounts receivable | 41 | €2,521 | €0 | -€2,521 | -100% |
| Cash at bank and in hand | 54/58 | €280,355 | €91,301 | -€189,055 | -67.4% |
| Deferred charges and accrued income | 490/1 | €196 | €19,477 | +€19,281 | +9,848% |
| Total equity and liabilities | 10/49 | €307,340 | €611,683 | +€304,343 | +99.0% |
| Equity | 10/15 | €136,834 | €196,782 | +€59,948 | +43.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,820 | €178,232 | +€174,412 | +4,566% |
| Non-distributable reserves | 130/1 | €25 | €25 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25 | €25 | = | 0.0% |
| Distributable reserves | 133 | €3,795 | €178,207 | +€174,412 | +4,596% |
| Profit (loss) carried forward | 14 | €114,464 | €0 | -€114,464 | -100% |
| Amounts payable | 17/49 | €170,506 | €414,901 | +€244,395 | +143% |
| Amounts payable after more than one year | 17 | - | €144,222 | +€144,222 | |
| Financial debts | 170/4 | - | €144,222 | +€144,222 | |
| Amounts payable within one year | 42/48 | €164,449 | €261,460 | +€97,011 | +59.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €5,989 | €15,716 | +€9,726 | +162% |
| Suppliers | 440/4 | €5,989 | €15,716 | +€9,726 | +162% |
| Taxes, remuneration and social security | 45 | €11,326 | €56,628 | +€45,302 | +400% |
| Taxes | 450/3 | €2,656 | €47,079 | +€44,423 | +1,672% |
| Remuneration and social security | 454/9 | €8,670 | €9,549 | +€879 | +10.1% |
| Other amounts payable | 47/48 | €147,133 | €189,117 | +€41,984 | +28.5% |
| Accrued charges and deferred income | 492/3 | €6,057 | €9,218 | +€3,161 | +52.2% |
| Remuneration, social security and pensions | 62 | €83,333 | €89,337 | +€6,004 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444 | €36,135 | +€35,691 | +8,030% |
| Other operating charges | 640/8 | €2,169 | €1,463 | -€705 | -32.5% |
| Non-recurring operating charges | 66A | €17,008 | €0 | -€17,008 | -100% |
| Gross operating margin | 9900 | €247,854 | €281,431 | +€33,577 | +13.5% |
| Operating profit (loss) | 9901 | €144,900 | €154,496 | +€9,595 | +6.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,616 | €11,310 | +€4,695 | +71.0% |
| Recurring financial charges | 65 | €6,616 | €11,310 | +€4,695 | +71.0% |
| Profit (loss) for the period before taxes | 9903 | €138,284 | €143,185 | +€4,901 | +3.5% |
| Income taxes | 67/77 | €36,690 | €33,237 | -€3,453 | -9.4% |
| Profit (loss) for the period | 9904 | €101,594 | €109,948 | +€8,354 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €101,594 | €109,948 | +€8,354 | +8.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.