MELLIS: 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.
What changed
MELLIS
NACE 46.419, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€819,444
2024 · €670,988+€148,456
Equity
€2.7m
2024 · €2.1m+€552,308
Cash
€433,503
2024 · €403,041+€30,462
Balance sheet total
€7.9m
2024 · €8.8m-€886,878
Largest movements
Assets
- Receivables within one year -€716,552
down €716,552 (-33.6%), from €2.1m to €1.4m
of which Trade receivables: -€383,704
- Stocks and contracts -€260,660
down €260,660 (-4.6%), from €5.6m to €5.4m
- Intangible fixed assets +€113,506
up €113,506 (+36.2%), from €313,249 to €426,755
Equity and liabilities
- Short-term financial debts -€652,879
down €652,879 (-68.0%), from €959,685 to €306,806
- Trade debts -€642,750
down €642,750 (-28.4%), from €2.3m to €1.6m
- Reserves +€552,308
up €552,308 (+41.9%), from €1.3m to €1.9m
of which Distributable reserves: +€488,972
- Other debts -€216,864
down €216,864 (-30.5%), from €710,000 to €493,136
Income statement
- Turnover +€460,046
up €460,046 (+3.1%), from €14.9m to €15.4m
- Goods and materials -€446,750
down €446,750 (-6.9%), from €6.5m to €6.1m
of which Purchases: -€815,026
- Services and other goods +€320,431
up €320,431 (+6.9%), from €4.7m to €5.0m
- Staff costs +€193,775
up €193,775 (+7.4%), from €2.6m to €2.8m
- Financial charges +€187,636
up €187,636 (+82.1%), from €228,643 to €416,278
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.
Result 2024
€670,988
Turnover
+€460,046
Other operating income
-€13,690
Goods and materials
+€446,750
Services and other goods
-€320,431
Staff costs
-€193,775
Depreciation
-€30,647
Write-downs
-€4,827
Other operating charges
-€30,640
Financial income
+€69,428
Financial charges
-€187,636
Taxes
-€46,122
Result 2025
€819,444
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.
From operations
+€1.2m
Investment
-€324,599
Financing
-€865,880
Cash 2024
€403,041
From operations (derived)
+€1.2m
Net result for the year
+€819,444
Depreciation
+€300,412
Receivables after one year
-€101
Stocks and contracts
+€260,660
Receivables within one year
+€716,552
Deferred charges and accrued income
-€35,583
Trade debts
-€642,750
Tax, wage and social debts
+€21,943
Advances received
+€5,447
Other debts
-€216,864
Accrued charges and deferred income
-€8,219
Investment (derived)
-€324,599
Investment in fixed assets (net)
-€353,267
Current investments
+€28,668
Financing
-€865,880
Debts after one year
+€54,135
Short-term financial debts
-€652,879
Contributions, distributions and other
-€267,136
Cash 2025
€433,503
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,816,684 | €7,929,805 | -€886,878 | -10.1% |
| Fixed assets | 21/28 | €500,435 | €553,290 | +€52,855 | +10.6% |
| Intangible fixed assets | 21 | €313,249 | €426,755 | +€113,506 | +36.2% |
| Tangible fixed assets | 22/27 | €149,865 | €121,777 | -€28,088 | -18.7% |
| Plant, machinery and equipment | 23 | €33,285 | €38,142 | +€4,857 | +14.6% |
| Furniture and vehicles | 24 | €116,580 | €83,634 | -€32,946 | -28.3% |
| Financial fixed assets | 28 | €37,321 | €4,759 | -€32,563 | -87.2% |
| Other financial fixed assets | 284/8 | €37,321 | €4,759 | -€32,563 | -87.2% |
| Amounts receivable and cash guarantees | 285/8 | €37,321 | €4,759 | -€32,563 | -87.2% |
| Current assets | 29/58 | €8,316,248 | €7,376,515 | -€939,733 | -11.3% |
| Amounts receivable after more than one year | 29 | €595 | €697 | +€101 | +17.0% |
| Other amounts receivable | 291 | €595 | €697 | +€101 | +17.0% |
| Stocks and contracts in progress | 3 | €5,627,017 | €5,366,357 | -€260,660 | -4.6% |
| Stocks | 30/36 | €5,627,017 | €5,366,357 | -€260,660 | -4.6% |
| Goods purchased for resale | 34 | €3,847,107 | €4,389,594 | +€542,487 | +14.1% |
| Advance payments | 36 | €1,779,911 | €976,764 | -€803,147 | -45.1% |
| Amounts receivable within one year | 40/41 | €2,130,685 | €1,414,133 | -€716,552 | -33.6% |
| Trade receivables | 40 | €1,643,219 | €1,259,515 | -€383,704 | -23.4% |
| Other amounts receivable | 41 | €487,466 | €154,619 | -€332,848 | -68.3% |
| Current investments | 50/53 | €94,149 | €65,481 | -€28,668 | -30.4% |
| Other investments | 51/53 | €94,149 | €65,481 | -€28,668 | -30.4% |
| Cash at bank and in hand | 54/58 | €403,041 | €433,503 | +€30,462 | +7.6% |
| Deferred charges and accrued income | 490/1 | €60,760 | €96,343 | +€35,583 | +58.6% |
| Total equity and liabilities | 10/49 | €8,816,684 | €7,929,805 | -€886,878 | -10.1% |
| Equity | 10/15 | €2,135,737 | €2,688,046 | +€552,308 | +25.9% |
| Contributions | 10/11 | €818,600 | €818,600 | = | 0.0% |
| Reserves | 13 | €1,317,137 | €1,869,446 | +€552,308 | +41.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €256,624 | €319,960 | +€63,336 | +24.7% |
| Distributable reserves | 133 | €1,060,513 | €1,549,486 | +€488,972 | +46.1% |
| Amounts payable | 17/49 | €6,680,946 | €5,241,760 | -€1.4m | -21.5% |
| Amounts payable after more than one year | 17 | €2,488,916 | €2,543,050 | +€54,135 | +2.2% |
| Other amounts payable | 178/9 | €2,488,916 | €2,543,050 | +€54,135 | +2.2% |
| Amounts payable within one year | 42/48 | €4,183,812 | €2,698,710 | -€1.5m | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €959,685 | €306,806 | -€652,879 | -68.0% |
| Credit institutions | 430/8 | €959,685 | €306,806 | -€652,879 | -68.0% |
| Trade debts | 44 | €2,264,235 | €1,621,486 | -€642,750 | -28.4% |
| Suppliers | 440/4 | €2,264,235 | €1,621,486 | -€642,750 | -28.4% |
| Advances received on contracts in progress | 46 | - | €5,447 | +€5,447 | |
| Taxes, remuneration and social security | 45 | €249,892 | €271,835 | +€21,943 | +8.8% |
| Taxes | 450/3 | €42,664 | €56,644 | +€13,980 | +32.8% |
| Remuneration and social security | 454/9 | €207,228 | €215,191 | +€7,964 | +3.8% |
| Other amounts payable | 47/48 | €710,000 | €493,136 | -€216,864 | -30.5% |
| Accrued charges and deferred income | 492/3 | €8,219 | €0 | -€8,219 | -100.0% |
| Operating income | 70/76A | €15,005,935 | €15,452,291 | +€446,356 | +3.0% |
| Turnover | 70 | €14,923,722 | €15,383,768 | +€460,046 | +3.1% |
| Own construction capitalised | 72 | €0 | - | = | |
| Other operating income | 74 | €82,213 | €68,523 | -€13,690 | -16.7% |
| Operating charges | 60/66A | €14,109,298 | €14,242,868 | +€133,570 | +0.9% |
| Goods for resale, raw materials and consumables | 60 | €6,502,212 | €6,055,462 | -€446,750 | -6.9% |
| Purchases | 600/8 | €7,065,200 | €6,250,174 | -€815,026 | -11.5% |
| Change in stocks: decrease (increase) | 609 | -€562,988 | -€194,712 | +€368,276 | +65.4% |
| Services and other goods | 61 | €4,654,183 | €4,974,614 | +€320,431 | +6.9% |
| Remuneration, social security and pensions | 62 | €2,604,005 | €2,797,780 | +€193,775 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269,765 | €300,412 | +€30,647 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €76,328 | €81,155 | +€4,827 | +6.3% |
| Other operating charges | 640/8 | €2,805 | €33,445 | +€30,640 | +1092.3% |
| Operating profit (loss) | 9901 | €896,637 | €1,209,423 | +€312,786 | +34.9% |
| Financial income | 75/76B | €89,814 | €159,242 | +€69,428 | +77.3% |
| Recurring financial income | 75 | €89,814 | €159,242 | +€69,428 | +77.3% |
| Income from financial fixed assets | 750 | €0 | - | = | |
| Other financial income | 752/9 | €89,814 | €159,242 | +€69,428 | +77.3% |
| Financial charges | 65/66B | €228,643 | €416,278 | +€187,636 | +82.1% |
| Recurring financial charges | 65 | €228,643 | €416,278 | +€187,636 | +82.1% |
| Debt charges | 650 | €81,468 | €106,184 | +€24,716 | +30.3% |
| Other financial charges | 652/9 | €147,175 | €310,095 | +€162,920 | +110.7% |
| Profit (loss) for the period before taxes | 9903 | €757,808 | €952,386 | +€194,578 | +25.7% |
| Income taxes | 67/77 | €86,820 | €132,942 | +€46,122 | +53.1% |
| Taxes | 670/3 | €86,820 | €132,942 | +€46,122 | +53.1% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €670,988 | €819,444 | +€148,456 | +22.1% |
| Transfer from tax-exempt reserves | 789 | - | €256,624 | +€256,624 | |
| Transfer to tax-exempt reserves | 689 | €245,903 | €319,960 | +€74,057 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €425,085 | €756,108 | +€331,023 | +77.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.