MELLINI: 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.
MELLINI
Largest movements
- Tangible fixed assets -€8,813
down €8,813 (-49.5%), from €17,813 to €9,000
of which Furniture and vehicles: -€7,788
- Cash +€2,902
up €2,902 (+101%), from €2,884 to €5,786
mainly Depreciation (+€8,813) and Tax, wage and social debts (+€842)
- Profit (loss) carried forward -€7,111
down €7,111 (-16.7%), from -€42,605 to -€49,717
- Tax, wage and social debts +€842
new in 2025: €842
- Gross operating margin +€13,106
up €13,106, from -€11,038 to €2,068
- Depreciation -€3,380
down €3,380 (-27.7%), from €12,192 to €8,813
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 | €25,315 | €19,285 | -€6,031 | -23.8% |
| Fixed assets | 21/28 | €17,813 | €9,000 | -€8,813 | -49.5% |
| Tangible fixed assets | 22/27 | €17,813 | €9,000 | -€8,813 | -49.5% |
| Plant, machinery and equipment | 23 | €8,892 | €7,868 | -€1,024 | -11.5% |
| Furniture and vehicles | 24 | €8,920 | €1,132 | -€7,788 | -87.3% |
| Current assets | 29/58 | €7,503 | €10,285 | +€2,782 | +37.1% |
| Amounts receivable within one year | 40/41 | €2,334 | €2,233 | -€102 | -4.3% |
| Trade receivables | 40 | €1,042 | €745 | -€297 | -28.5% |
| Other amounts receivable | 41 | €1,292 | €1,488 | +€196 | +15.2% |
| Cash at bank and in hand | 54/58 | €2,884 | €5,786 | +€2,902 | +101% |
| Deferred charges and accrued income | 490/1 | €2,285 | €2,266 | -€19 | -0.8% |
| Total equity and liabilities | 10/49 | €25,315 | €19,285 | -€6,031 | -23.8% |
| Equity | 10/15 | €25,106 | €17,995 | -€7,111 | -28.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €48,711 | €48,711 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €46,811 | €46,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,605 | -€49,717 | -€7,111 | -16.7% |
| Amounts payable | 17/49 | €209 | €1,290 | +€1,081 | +516% |
| Amounts payable within one year | 42/48 | €209 | €1,290 | +€1,081 | +516% |
| Trade debts | 44 | €209 | €448 | +€239 | +114% |
| Suppliers | 440/4 | €209 | €448 | +€239 | +114% |
| Taxes, remuneration and social security | 45 | - | €842 | +€842 | |
| Taxes | 450/3 | - | €842 | +€842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,192 | €8,813 | -€3,380 | -27.7% |
| Other operating charges | 640/8 | €222 | €241 | +€20 | +8.9% |
| Gross operating margin | 9900 | -€11,038 | €2,068 | +€13,106 | |
| Operating profit (loss) | 9901 | -€23,452 | -€6,986 | +€16,466 | +70.2% |
| Financial income | 75/76B | €52 | €61 | +€9 | +16.6% |
| Recurring financial income | 75 | €52 | €61 | +€9 | +16.6% |
| Financial charges | 65/66B | €178 | €186 | +€9 | +4.8% |
| Recurring financial charges | 65 | €178 | €186 | +€9 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,578 | -€7,111 | +€16,466 | +69.8% |
| Profit (loss) for the period | 9904 | -€23,578 | -€7,111 | +€16,466 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,578 | -€7,111 | +€16,466 | +69.8% |
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 23 October 2026 via checked.be.