MELLEMANS DAVY: 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.
MELLEMANS DAVY
Largest movements
- Cash -€45,349
down €45,349 (-28.1%), from €161,596 to €116,247
mainly Investment in fixed assets (net) (-€44,772) and Net result for the year (-€22,956)
- Tangible fixed assets +€32,477
up €32,477 (+133.4%), from €24,346 to €56,822
of which Furniture and vehicles: +€32,087
- Receivables within one year -€14,344
down €14,344 (-80.0%), from €17,928 to €3,585
of which Trade receivables: -€9,240
- Profit (loss) carried forward -€22,956
down €22,956 (-30.8%), from -€74,567 to -€97,523
- Trade debts -€5,729
down €5,729 (-74.4%), from €7,699 to €1,970
- Gross operating margin +€8,835
up €8,835 (+48.4%), from -€18,243 to -€9,407
- Depreciation +€2,764
up €2,764 (+29.0%), from €9,531 to €12,295
- Other operating charges +€553
up €553 (+95.6%), from €578 to €1,131
- Taxes +€260
up €260 (+203.0%), from €128 to €388
- Financial income -€239
down €239 (-21.0%), from €1,137 to €898
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 | €206,092 | €177,940 | -€28,152 | -13.7% |
| Fixed assets | 21/28 | €24,346 | €56,822 | +€32,477 | +133.4% |
| Tangible fixed assets | 22/27 | €24,346 | €56,822 | +€32,477 | +133.4% |
| Plant, machinery and equipment | 23 | €1,081 | €1,471 | +€390 | +36.0% |
| Furniture and vehicles | 24 | €23,265 | €55,352 | +€32,087 | +137.9% |
| Current assets | 29/58 | €181,746 | €121,117 | -€60,629 | -33.4% |
| Amounts receivable within one year | 40/41 | €17,928 | €3,585 | -€14,344 | -80.0% |
| Trade receivables | 40 | €11,636 | €2,396 | -€9,240 | -79.4% |
| Other amounts receivable | 41 | €6,292 | €1,189 | -€5,103 | -81.1% |
| Cash at bank and in hand | 54/58 | €161,596 | €116,247 | -€45,349 | -28.1% |
| Deferred charges and accrued income | 490/1 | €2,222 | €1,286 | -€937 | -42.1% |
| Total equity and liabilities | 10/49 | €206,092 | €177,940 | -€28,152 | -13.7% |
| Equity | 10/15 | €171,393 | €148,437 | -€22,956 | -13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €227,360 | €227,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €112,500 | €112,500 | = | 0.0% |
| Distributable reserves | 133 | €113,000 | €113,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,567 | -€97,523 | -€22,956 | -30.8% |
| Amounts payable | 17/49 | €34,699 | €29,503 | -€5,196 | -15.0% |
| Amounts payable within one year | 42/48 | €34,699 | €29,503 | -€5,196 | -15.0% |
| Trade debts | 44 | €7,699 | €1,970 | -€5,729 | -74.4% |
| Suppliers | 440/4 | €7,699 | €1,970 | -€5,729 | -74.4% |
| Taxes, remuneration and social security | 45 | - | €118 | +€118 | |
| Taxes | 450/3 | - | €118 | +€118 | |
| Other amounts payable | 47/48 | €27,000 | €27,414 | +€414 | +1.5% |
| Non-recurring operating income | 76A | - | €5,682 | +€5,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,531 | €12,295 | +€2,764 | +29.0% |
| Other operating charges | 640/8 | €578 | €1,131 | +€553 | +95.6% |
| Gross operating margin | 9900 | -€18,243 | -€9,407 | +€8,835 | +48.4% |
| Operating profit (loss) | 9901 | -€28,351 | -€22,833 | +€5,518 | +19.5% |
| Financial income | 75/76B | €1,137 | €898 | -€239 | -21.0% |
| Recurring financial income | 75 | €1,137 | €898 | -€239 | -21.0% |
| Financial charges | 65/66B | €471 | €633 | +€162 | +34.4% |
| Recurring financial charges | 65 | €471 | €633 | +€162 | +34.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,685 | -€22,569 | +€5,117 | +18.5% |
| Income taxes | 67/77 | €128 | €388 | +€260 | +203.0% |
| Profit (loss) for the period | 9904 | -€27,813 | -€22,956 | +€4,857 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,813 | -€22,956 | +€4,857 | +17.5% |
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 10 October 2026 via checked.be.