MELLIN: what changed
Two fiscal 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.
MELLIN
Largest movements
- Tangible fixed assets -€72,237
down €72,237 (-5.3%), from €1.4m to €1.3m
- Other debts -€100,615
down €100,615 (-19.9%), from €505,706 to €405,091
- Profit (loss) carried forward +€28,412
up €28,412 (+28.7%), from -€98,912 to -€70,500
- Depreciation -€11,970
down €11,970 (-14.2%), from €84,207 to €72,237
- Purchases and services +€5,886
up €5,886 (+26.9%), from €21,882 to €27,768
- Gross operating margin -€3,024
down €3,024 (-3.3%), from €91,200 to €88,176
- Turnover +€2,862
up €2,862 (+2.5%), from €113,082 to €115,944
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,678,574 | €1,606,371 | -€72,203 | -4.3% |
| Fixed assets | 21/28 | €1,357,928 | €1,285,691 | -€72,237 | -5.3% |
| Tangible fixed assets | 22/27 | €1,355,784 | €1,283,547 | -€72,237 | -5.3% |
| Land and buildings | 22 | €1,355,784 | €1,283,547 | -€72,237 | -5.3% |
| Financial fixed assets | 28 | €2,144 | €2,144 | = | 0.0% |
| Current assets | 29/58 | €320,646 | €320,680 | +€34 | 0.0% |
| Amounts receivable after more than one year | 29 | €317,500 | €317,500 | = | 0.0% |
| Other amounts receivable | 291 | €317,500 | €317,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,146 | €3,180 | +€34 | +1.1% |
| Total equity and liabilities | 10/49 | €1,678,574 | €1,606,371 | -€72,203 | -4.3% |
| Equity | 10/15 | €1,172,053 | €1,200,465 | +€28,412 | +2.4% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Capital | 10 | €1,200,000 | €1,200,000 | = | 0.0% |
| Issued capital | 100 | €1,200,000 | €1,200,000 | = | 0.0% |
| Uncalled capital | 101 | - | €0 | = | |
| Outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Reserves | 13 | €70,965 | €70,965 | = | 0.0% |
| Distributable reserves | 133 | €70,965 | €70,965 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,912 | -€70,500 | +€28,412 | +28.7% |
| Amounts payable | 17/49 | €506,521 | €405,906 | -€100,615 | -19.9% |
| Amounts payable within one year | 42/48 | €505,706 | €405,091 | -€100,615 | -19.9% |
| Other amounts payable | 47/48 | €505,706 | €405,091 | -€100,615 | -19.9% |
| Accrued charges and deferred income | 492/3 | €815 | €815 | = | 0.0% |
| Turnover | 70 | €113,082 | €115,944 | +€2,862 | +2.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,882 | €27,768 | +€5,886 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,207 | €72,237 | -€11,970 | -14.2% |
| Other operating charges | 640/8 | €14,497 | €15,054 | +€557 | +3.8% |
| Gross operating margin | 9900 | €91,200 | €88,176 | -€3,024 | -3.3% |
| Operating profit (loss) | 9901 | -€7,504 | €885 | +€8,389 | |
| Financial income | 75/76B | €27,633 | €27,668 | +€35 | +0.1% |
| Recurring financial income | 75 | €27,633 | €27,668 | +€35 | +0.1% |
| Financial charges | 65/66B | €92 | €131 | +€39 | +42.4% |
| Recurring financial charges | 65 | €92 | €131 | +€39 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €20,037 | €28,422 | +€8,385 | +41.8% |
| Income taxes | 67/77 | €6 | €10 | +€4 | +66.7% |
| Profit (loss) for the period | 9904 | €20,031 | €28,412 | +€8,381 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,031 | €28,412 | +€8,381 | +41.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.