MELLEROSE: 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.
MELLEROSE
Largest movements
- Stocks and contracts -€2,860
down €2,860 (-11.5%), from €24,944 to €22,085
- Cash -€1,253
down €1,253 (-5.8%), from €21,643 to €20,390
mainly Trade debts (-€15,512) and Tax, wage and social debts (-€11,375)
- Tangible fixed assets -€844
down €844 (-16.7%), from €5,065 to €4,221
- Receivables within one year +€693
up €693 (+12.4%), from €5,597 to €6,290
- Trade debts -€15,512
down €15,512 (-66.2%), from €23,426 to €7,914
- Other debts +€14,294
up €14,294 (+18.2%), from €78,734 to €93,028
- Profit (loss) carried forward +€12,408
up €12,408 (+13.6%), from -€91,564 to -€79,155
- Tax, wage and social debts -€11,375
down €11,375 (-35.1%), from €32,402 to €21,027
of which Taxes: -€12,912
- Debts after one year -€4,170
down €4,170 (-92.2%), from €4,522 to €352
- Staff costs -€37,444
down €37,444 (-61.4%), from €60,951 to €23,507
- Gross operating margin +€23,346
up €23,346 (+143%), from €16,351 to €39,697
- Other operating charges -€1,956
down €1,956 (-93.3%), from €2,097 to €141
- Financial charges +€1,256
up €1,256 (+81.5%), from €1,541 to €2,797
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 | €68,749 | €64,486 | -€4,263 | -6.2% |
| Fixed assets | 21/28 | €16,565 | €15,721 | -€844 | -5.1% |
| Tangible fixed assets | 22/27 | €5,065 | €4,221 | -€844 | -16.7% |
| Other tangible fixed assets | 26 | €5,065 | €4,221 | -€844 | -16.7% |
| Financial fixed assets | 28 | €11,500 | €11,500 | = | 0.0% |
| Current assets | 29/58 | €52,184 | €48,765 | -€3,419 | -6.6% |
| Stocks and contracts in progress | 3 | €24,944 | €22,085 | -€2,860 | -11.5% |
| Stocks | 30/36 | €24,944 | €22,085 | -€2,860 | -11.5% |
| Amounts receivable within one year | 40/41 | €5,597 | €6,290 | +€693 | +12.4% |
| Trade receivables | 40 | €5,597 | €6,290 | +€693 | +12.4% |
| Cash at bank and in hand | 54/58 | €21,643 | €20,390 | -€1,253 | -5.8% |
| Total equity and liabilities | 10/49 | €68,749 | €64,486 | -€4,263 | -6.2% |
| Equity | 10/15 | -€74,414 | -€62,005 | +€12,408 | +16.7% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Reserves | 13 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €150 | €150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,564 | -€79,155 | +€12,408 | +13.6% |
| Amounts payable | 17/49 | €143,163 | €126,491 | -€16,672 | -11.6% |
| Amounts payable after more than one year | 17 | €4,522 | €352 | -€4,170 | -92.2% |
| Financial debts | 170/4 | €4,522 | €352 | -€4,170 | -92.2% |
| Amounts payable within one year | 42/48 | €138,641 | €126,140 | -€12,502 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €4,079 | €4,170 | +€91 | +2.2% |
| Trade debts | 44 | €23,426 | €7,914 | -€15,512 | -66.2% |
| Suppliers | 440/4 | €23,426 | €7,914 | -€15,512 | -66.2% |
| Taxes, remuneration and social security | 45 | €32,402 | €21,027 | -€11,375 | -35.1% |
| Taxes | 450/3 | €21,092 | €8,180 | -€12,912 | -61.2% |
| Remuneration and social security | 454/9 | €11,310 | €12,848 | +€1,537 | +13.6% |
| Other amounts payable | 47/48 | €78,734 | €93,028 | +€14,294 | +18.2% |
| Remuneration, social security and pensions | 62 | €60,951 | €23,507 | -€37,444 | -61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €844 | = | 0.0% |
| Other operating charges | 640/8 | €2,097 | €141 | -€1,956 | -93.3% |
| Non-recurring operating charges | 66A | €9,300 | €0 | -€9,300 | -100% |
| Gross operating margin | 9900 | €16,351 | €39,697 | +€23,346 | +143% |
| Operating profit (loss) | 9901 | -€56,841 | €15,206 | +€72,047 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,541 | €2,797 | +€1,256 | +81.5% |
| Recurring financial charges | 65 | €1,541 | €2,797 | +€1,256 | +81.5% |
| Profit (loss) for the period before taxes | 9903 | -€58,382 | €12,408 | +€70,791 | |
| Profit (loss) for the period | 9904 | -€58,382 | €12,408 | +€70,791 | |
| Profit (loss) for the period to be appropriated | 9905 | -€58,382 | €12,408 | +€70,791 |
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 24 October 2026 via checked.be.