MELNIK JOANNA: what changed
MELNIK JOANNA
Largest movements
- Tangible fixed assets -€23,010
down €23,010 (-6.8%), from €337,236 to €314,226
of which Land and buildings: -€12,786
- Cash -€8,288
down €8,288 (-13.2%), from €62,848 to €54,560
mainly Contributions, distributions and other (-€80,000) and Tax, wage and social debts (-€18,476)
- Other debts +€63,789
up €63,789 (+393%), from €16,211 to €80,000
- Reserves -€58,449
down €58,449 (-55.0%), from €106,255 to €47,806
- Tax, wage and social debts -€18,476
down €18,476 (-70.9%), from €26,068 to €7,592
- Debts after one year -€15,424
down €15,424 (-6.7%), from €230,480 to €215,056
- Gross operating margin -€17,719
down €17,719 (-21.4%), from €82,977 to €65,258
- Depreciation +€9,566
up €9,566 (+65.5%), from €14,603 to €24,168
- Taxes -€7,459
down €7,459 (-48.7%), from €15,304 to €7,846
- Other operating charges -€2,895
down €2,895 (-62.6%), from €4,622 to €1,726
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €400,186 | €370,878 | -€29,308 | -7.3% |
| Fixed assets | 21/28 | €337,236 | €314,226 | -€23,010 | -6.8% |
| Tangible fixed assets | 22/27 | €337,236 | €314,226 | -€23,010 | -6.8% |
| Land and buildings | 22 | €288,088 | €275,302 | -€12,786 | -4.4% |
| Plant, machinery and equipment | 23 | €526 | €51 | -€476 | -90.4% |
| Furniture and vehicles | 24 | €48,621 | €38,873 | -€9,748 | -20.0% |
| Current assets | 29/58 | €62,950 | €56,653 | -€6,298 | -10.0% |
| Amounts receivable within one year | 40/41 | - | €1,426 | +€1,426 | |
| Other amounts receivable | 41 | - | €1,426 | +€1,426 | |
| Cash at bank and in hand | 54/58 | €62,848 | €54,560 | -€8,288 | -13.2% |
| Deferred charges and accrued income | 490/1 | €103 | €667 | +€565 | +551% |
| Total equity and liabilities | 10/49 | €400,186 | €370,878 | -€29,308 | -7.3% |
| Equity | 10/15 | €111,255 | €52,806 | -€58,449 | -52.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €106,255 | €47,806 | -€58,449 | -55.0% |
| Distributable reserves | 133 | €106,255 | €47,806 | -€58,449 | -55.0% |
| Amounts payable | 17/49 | €288,931 | €318,072 | +€29,141 | +10.1% |
| Amounts payable after more than one year | 17 | €230,480 | €215,056 | -€15,424 | -6.7% |
| Financial debts | 170/4 | €230,480 | €215,056 | -€15,424 | -6.7% |
| Amounts payable within one year | 42/48 | €58,451 | €103,016 | +€44,565 | +76.2% |
| Current portion of amounts payable after more than one year | 42 | €14,846 | €15,424 | +€578 | +3.9% |
| Trade debts | 44 | €1,326 | - | -€1,326 | |
| Suppliers | 440/4 | €1,326 | - | -€1,326 | |
| Taxes, remuneration and social security | 45 | €26,068 | €7,592 | -€18,476 | -70.9% |
| Taxes | 450/3 | €26,068 | €7,592 | -€18,476 | -70.9% |
| Other amounts payable | 47/48 | €16,211 | €80,000 | +€63,789 | +393% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,603 | €24,168 | +€9,566 | +65.5% |
| Other operating charges | 640/8 | €4,622 | €1,726 | -€2,895 | -62.6% |
| Gross operating margin | 9900 | €82,977 | €65,258 | -€17,719 | -21.4% |
| Operating profit (loss) | 9901 | €63,753 | €39,363 | -€24,390 | -38.3% |
| Financial income | 75/76B | €307 | €1 | -€306 | -99.7% |
| Recurring financial income | 75 | €307 | €1 | -€306 | -99.7% |
| Financial charges | 65/66B | €9,428 | €9,967 | +€539 | +5.7% |
| Recurring financial charges | 65 | €9,428 | €9,967 | +€539 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €54,631 | €29,397 | -€25,234 | -46.2% |
| Income taxes | 67/77 | €15,304 | €7,846 | -€7,459 | -48.7% |
| Profit (loss) for the period | 9904 | €39,327 | €21,551 | -€17,776 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,327 | €21,551 | -€17,776 | -45.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.