MELLAR: 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.
MELLAR
Largest movements
- Cash +€78,235
up €78,235 (+192.4%), from €40,660 to €118,895
mainly Debts after one year (+€51,542) and Tax, wage and social debts (+€40,579)
- Tangible fixed assets +€50,125
up €50,125 (+348.1%), from €14,398 to €64,523
of which Land and buildings: +€50,052
- Stocks and contracts +€7,840
up €7,840 (+224.8%), from €3,487 to €11,327
- Debts after one year +€51,542
up €51,542 (+365.9%), from €14,087 to €65,629
- Tax, wage and social debts +€40,579
up €40,579 (+205.7%), from €19,725 to €60,304
of which Remuneration and social security: +€23,125
- Profit (loss) carried forward +€30,371
up €30,371, from -€3,391 to €26,980
- Current portion of long-term debt +€11,295
up €11,295 (+116.2%), from €9,717 to €21,012
- Trade debts +€3,216
up €3,216 (+68.4%), from €4,703 to €7,919
- Gross operating margin +€205,731
up €205,731 (+196.6%), from €104,638 to €310,368
- Staff costs +€147,212
up €147,212 (+155.0%), from €94,992 to €242,204
- Depreciation +€8,356
up €8,356 (+77.5%), from €10,782 to €19,138
- Taxes +€8,028
up €8,028 (+4723.5%), from €170 to €8,198
- Financial charges +€4,528
up €4,528 (+182.3%), from €2,483 to €7,011
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.
Cash bridge derived
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 | €59,687 | €196,133 | +€136,446 | +228.6% |
| Fixed assets | 21/28 | €14,398 | €64,523 | +€50,125 | +348.1% |
| Tangible fixed assets | 22/27 | €14,398 | €64,523 | +€50,125 | +348.1% |
| Land and buildings | 22 | - | €50,052 | +€50,052 | |
| Plant, machinery and equipment | 23 | €4,062 | €8,973 | +€4,911 | +120.9% |
| Furniture and vehicles | 24 | €6,691 | €5,499 | -€1,192 | -17.8% |
| Other tangible fixed assets | 26 | €3,646 | - | -€3,646 | |
| Current assets | 29/58 | €45,289 | €131,610 | +€86,321 | +190.6% |
| Stocks and contracts in progress | 3 | €3,487 | €11,327 | +€7,840 | +224.8% |
| Stocks | 30/36 | €3,487 | €11,327 | +€7,840 | +224.8% |
| Cash at bank and in hand | 54/58 | €40,660 | €118,895 | +€78,235 | +192.4% |
| Deferred charges and accrued income | 490/1 | €1,142 | €1,388 | +€246 | +21.5% |
| Total equity and liabilities | 10/49 | €59,687 | €196,133 | +€136,446 | +228.6% |
| Equity | 10/15 | €1,609 | €31,980 | +€30,371 | +1887.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,391 | €26,980 | +€30,371 | |
| Amounts payable | 17/49 | €58,078 | €164,154 | +€106,075 | +182.6% |
| Amounts payable after more than one year | 17 | €14,087 | €65,629 | +€51,542 | +365.9% |
| Financial debts | 170/4 | €14,087 | €65,629 | +€51,542 | +365.9% |
| Amounts payable within one year | 42/48 | €43,991 | €98,525 | +€54,534 | +124.0% |
| Current portion of amounts payable after more than one year | 42 | €9,717 | €21,012 | +€11,295 | +116.2% |
| Trade debts | 44 | €4,703 | €7,919 | +€3,216 | +68.4% |
| Suppliers | 440/4 | €4,703 | €7,919 | +€3,216 | +68.4% |
| Taxes, remuneration and social security | 45 | €19,725 | €60,304 | +€40,579 | +205.7% |
| Taxes | 450/3 | €7,825 | €25,279 | +€17,454 | +223.1% |
| Remuneration and social security | 454/9 | €11,900 | €35,025 | +€23,125 | +194.3% |
| Other amounts payable | 47/48 | €9,847 | €9,290 | -€556 | -5.7% |
| Remuneration, social security and pensions | 62 | €94,992 | €242,204 | +€147,212 | +155.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,782 | €19,138 | +€8,356 | +77.5% |
| Other operating charges | 640/8 | €2,739 | €3,460 | +€721 | +26.3% |
| Gross operating margin | 9900 | €104,638 | €310,368 | +€205,731 | +196.6% |
| Operating profit (loss) | 9901 | -€3,874 | €45,567 | +€49,442 | |
| Financial income | 75/76B | €2,192 | €12 | -€2,180 | -99.4% |
| Recurring financial income | 75 | €2,192 | €12 | -€2,180 | -99.4% |
| Financial charges | 65/66B | €2,483 | €7,011 | +€4,528 | +182.3% |
| Recurring financial charges | 65 | €2,483 | €7,011 | +€4,528 | +182.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,166 | €38,568 | +€42,734 | |
| Income taxes | 67/77 | €170 | €8,198 | +€8,028 | +4723.5% |
| Profit (loss) for the period | 9904 | -€4,336 | €30,371 | +€34,706 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,336 | €30,371 | +€34,706 |
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 11 October 2026 via checked.be.