MELLER: 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.
MELLER
Largest movements
- Cash -€10,897
down €10,897 (-99.5%), from €10,948 to €51
mainly Net result for the year (-€23,002) and Short-term financial debts (-€6,406)
- Receivables within one year -€7,217
down €7,217 (-90.2%), from €7,997 to €780
- Tangible fixed assets -€4,184
down €4,184 (-24.3%), from €17,244 to €13,060
of which Plant, machinery and equipment: -€4,044
- Stocks and contracts -€1,000
no longer reported in 2025 (was €1,000)
- Profit (loss) carried forward -€23,002
down €23,002 (-93.9%), from -€24,486 to -€47,487
- Debts after one year +€10,836
up €10,836 (+31.9%), from €34,000 to €44,836
- Short-term financial debts -€6,406
no longer reported in 2025 (was €6,406)
- Tax, wage and social debts -€4,840
down €4,840 (-64.6%), from €7,494 to €2,654
of which Remuneration and social security: -€2,773
- Gross operating margin -€53,579
down €53,579 (-70.4%), from €76,122 to €22,543
- Staff costs -€10,171
down €10,171 (-22.8%), from €44,553 to €34,382
- Depreciation -€7,825
down €7,825 (-47.3%), from €16,535 to €8,710
- Other operating charges -€2,331
down €2,331 (-63.1%), from €3,697 to €1,366
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 | €37,551 | €13,891 | -€23,659 | -63.0% |
| Fixed assets | 21/28 | €17,244 | €13,060 | -€4,184 | -24.3% |
| Tangible fixed assets | 22/27 | €17,244 | €13,060 | -€4,184 | -24.3% |
| Plant, machinery and equipment | 23 | €12,104 | €8,061 | -€4,044 | -33.4% |
| Furniture and vehicles | 24 | €1,615 | €999 | -€616 | -38.1% |
| Other tangible fixed assets | 26 | €3,525 | €4,000 | +€476 | +13.5% |
| Current assets | 29/58 | €20,307 | €831 | -€19,476 | -95.9% |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €7,997 | €780 | -€7,217 | -90.2% |
| Other amounts receivable | 41 | €7,997 | €780 | -€7,217 | -90.2% |
| Cash at bank and in hand | 54/58 | €10,948 | €51 | -€10,897 | -99.5% |
| Deferred charges and accrued income | 490/1 | €361 | - | -€361 | |
| Total equity and liabilities | 10/49 | €37,551 | €13,891 | -€23,659 | -63.0% |
| Equity | 10/15 | -€19,486 | -€42,487 | -€23,002 | -118% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,486 | -€47,487 | -€23,002 | -93.9% |
| Amounts payable | 17/49 | €57,036 | €56,379 | -€658 | -1.2% |
| Amounts payable after more than one year | 17 | €34,000 | €44,836 | +€10,836 | +31.9% |
| Other amounts payable | 178/9 | €34,000 | €44,836 | +€10,836 | +31.9% |
| Amounts payable within one year | 42/48 | €23,036 | €11,543 | -€11,493 | -49.9% |
| Financial debts | 43 | €6,406 | - | -€6,406 | |
| Credit institutions | 430/8 | €6,406 | - | -€6,406 | |
| Trade debts | 44 | €555 | €389 | -€166 | -29.9% |
| Suppliers | 440/4 | €555 | €389 | -€166 | -29.9% |
| Taxes, remuneration and social security | 45 | €7,494 | €2,654 | -€4,840 | -64.6% |
| Taxes | 450/3 | €2,446 | €379 | -€2,067 | -84.5% |
| Remuneration and social security | 454/9 | €5,049 | €2,276 | -€2,773 | -54.9% |
| Other amounts payable | 47/48 | €8,581 | €8,500 | -€81 | -0.9% |
| Remuneration, social security and pensions | 62 | €44,553 | €34,382 | -€10,171 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,535 | €8,710 | -€7,825 | -47.3% |
| Other operating charges | 640/8 | €3,697 | €1,366 | -€2,331 | -63.1% |
| Gross operating margin | 9900 | €76,122 | €22,543 | -€53,579 | -70.4% |
| Operating profit (loss) | 9901 | €11,337 | -€21,915 | -€33,252 | |
| Financial income | 75/76B | €24 | €0 | -€24 | -99.6% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -99.6% |
| Financial charges | 65/66B | €1,604 | €1,087 | -€517 | -32.3% |
| Recurring financial charges | 65 | €1,604 | €1,087 | -€517 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €9,757 | -€23,002 | -€32,758 | |
| Profit (loss) for the period | 9904 | €9,757 | -€23,002 | -€32,758 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,757 | -€23,002 | -€32,758 |
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 25 October 2026 via checked.be.