MELO24: 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.
MELO24
Largest movements
- Receivables within one year +€17,515
up €17,515 (+205.3%), from €8,531 to €26,045
of which Other amounts receivable: +€25,787
- Cash -€12,528
down €12,528 (-51.7%), from €24,226 to €11,698
mainly Receivables within one year (-€17,515) and Investment in fixed assets (net) (-€6,808)
- Tangible fixed assets +€6,136
new in 2025: €6,136
- Deferred charges and accrued income -€492
no longer reported in 2025 (was €492)
- Profit (loss) carried forward +€17,064
up €17,064 (+172014.3%), from €10 to €17,074
- Tax, wage and social debts -€5,278
down €5,278 (-33.5%), from €15,739 to €10,461
- Trade debts -€1,036
down €1,036 (-70.0%), from €1,480 to €445
- Gross operating margin +€3,455
up €3,455 (+18.3%), from €18,858 to €22,313
- Depreciation +€672
new in 2025: €672
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,248 | €43,879 | +€10,631 | +32.0% |
| Fixed assets | 21/28 | - | €6,136 | +€6,136 | |
| Tangible fixed assets | 22/27 | - | €6,136 | +€6,136 | |
| Furniture and vehicles | 24 | - | €6,136 | +€6,136 | |
| Current assets | 29/58 | €33,248 | €37,743 | +€4,495 | +13.5% |
| Amounts receivable within one year | 40/41 | €8,531 | €26,045 | +€17,515 | +205.3% |
| Trade receivables | 40 | €8,531 | €258 | -€8,272 | -97.0% |
| Other amounts receivable | 41 | - | €25,787 | +€25,787 | |
| Cash at bank and in hand | 54/58 | €24,226 | €11,698 | -€12,528 | -51.7% |
| Deferred charges and accrued income | 490/1 | €492 | - | -€492 | |
| Total equity and liabilities | 10/49 | €33,248 | €43,879 | +€10,631 | +32.0% |
| Equity | 10/15 | €15,910 | €32,974 | +€17,064 | +107.3% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €14,300 | €14,300 | = | 0.0% |
| Distributable reserves | 133 | €14,300 | €14,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10 | €17,074 | +€17,064 | +172014.3% |
| Amounts payable | 17/49 | €17,338 | €10,905 | -€6,433 | -37.1% |
| Amounts payable within one year | 42/48 | €17,338 | €10,905 | -€6,433 | -37.1% |
| Trade debts | 44 | €1,480 | €445 | -€1,036 | -70.0% |
| Suppliers | 440/4 | €1,480 | €445 | -€1,036 | -70.0% |
| Taxes, remuneration and social security | 45 | €15,739 | €10,461 | -€5,278 | -33.5% |
| Taxes | 450/3 | €15,739 | €10,461 | -€5,278 | -33.5% |
| Other amounts payable | 47/48 | €119 | - | -€119 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €672 | +€672 | |
| Other operating charges | 640/8 | €58 | €159 | +€101 | +175.0% |
| Gross operating margin | 9900 | €18,858 | €22,313 | +€3,455 | +18.3% |
| Operating profit (loss) | 9901 | €18,800 | €21,482 | +€2,682 | +14.3% |
| Financial charges | 65/66B | €158 | €129 | -€29 | -18.2% |
| Recurring financial charges | 65 | €158 | €129 | -€29 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €18,643 | €21,353 | +€2,710 | +14.5% |
| Income taxes | 67/77 | €4,333 | €4,289 | -€44 | -1.0% |
| Profit (loss) for the period | 9904 | €14,310 | €17,064 | +€2,754 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,310 | €17,064 | +€2,754 | +19.2% |
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 5 October 2026 via checked.be.