MELODIE: 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.
MELODIE
Largest movements
- Receivables within one year -€10,643
down €10,643 (-23.7%), from €44,845 to €34,202
- Tangible fixed assets -€8,648
down €8,648 (-2.6%), from €328,869 to €320,221
- Cash -€7,974
no longer reported in 2024 (was €7,974)
mainly Net result for the year (-€37,087) and Debts after one year (-€15,142)
- Profit (loss) carried forward -€37,087
down €37,087 (-80.0%), from -€46,383 to -€83,470
- Short-term financial debts +€19,831
up €19,831 (+134.9%), from €14,701 to €34,532
- Debts after one year -€15,142
down €15,142 (-9.1%), from €166,562 to €151,420
- Gross operating margin -€31,622
down €31,622, from €8,871 to -€22,751
- Other operating charges -€10,706
down €10,706 (-76.8%), from €13,941 to €3,235
- Depreciation -€3,481
down €3,481 (-28.7%), from €12,129 to €8,648
- Financial income +€1,500
up €1,500 (+50.1%), from €2,993 to €4,493
- Financial charges +€836
up €836 (+13.7%), from €6,110 to €6,946
of which Non-recurring financial charges: +€1,093
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 | €587,241 | €560,968 | -€26,273 | -4.5% |
| Fixed assets | 21/28 | €328,869 | €320,221 | -€8,648 | -2.6% |
| Tangible fixed assets | 22/27 | €328,869 | €320,221 | -€8,648 | -2.6% |
| Land and buildings | 22 | €328,869 | €320,221 | -€8,648 | -2.6% |
| Current assets | 29/58 | €258,372 | €240,747 | -€17,625 | -6.8% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €127,560 | €127,560 | = | 0.0% |
| Stocks | 30/36 | €127,560 | €127,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,845 | €34,202 | -€10,643 | -23.7% |
| Other amounts receivable | 41 | €44,845 | €34,202 | -€10,643 | -23.7% |
| Cash at bank and in hand | 54/58 | €7,974 | - | -€7,974 | |
| Deferred charges and accrued income | 490/1 | €2,993 | €3,985 | +€993 | +33.2% |
| Total equity and liabilities | 10/49 | €587,241 | €560,968 | -€26,273 | -4.5% |
| Equity | 10/15 | €157,791 | €120,704 | -€37,087 | -23.5% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €85,575 | €85,575 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,715 | €83,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,383 | -€83,470 | -€37,087 | -80.0% |
| Amounts payable | 17/49 | €429,449 | €440,264 | +€10,814 | +2.5% |
| Amounts payable after more than one year | 17 | €166,562 | €151,420 | -€15,142 | -9.1% |
| Financial debts | 170/4 | €166,562 | €151,420 | -€15,142 | -9.1% |
| Amounts payable within one year | 42/48 | €262,888 | €288,844 | +€25,956 | +9.9% |
| Financial debts | 43 | €14,701 | €34,532 | +€19,831 | +134.9% |
| Credit institutions | 430/8 | €14,701 | €34,532 | +€19,831 | +134.9% |
| Trade debts | 44 | €1,056 | €3,481 | +€2,425 | +229.8% |
| Suppliers | 440/4 | €1,056 | €3,481 | +€2,425 | +229.8% |
| Taxes, remuneration and social security | 45 | €101 | €101 | = | 0.0% |
| Taxes | 450/3 | €101 | €101 | = | 0.0% |
| Other amounts payable | 47/48 | €247,031 | €250,731 | +€3,700 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,129 | €8,648 | -€3,481 | -28.7% |
| Other operating charges | 640/8 | €13,941 | €3,235 | -€10,706 | -76.8% |
| Gross operating margin | 9900 | €8,871 | -€22,751 | -€31,622 | |
| Operating profit (loss) | 9901 | -€17,199 | -€34,634 | -€17,435 | -101.4% |
| Financial income | 75/76B | €2,993 | €4,493 | +€1,500 | +50.1% |
| Recurring financial income | 75 | €2,993 | €4,493 | +€1,500 | +50.1% |
| Financial charges | 65/66B | €6,110 | €6,946 | +€836 | +13.7% |
| Recurring financial charges | 65 | €6,110 | €5,853 | -€257 | -4.2% |
| Non-recurring financial charges | 66B | - | €1,093 | +€1,093 | |
| Profit (loss) for the period before taxes | 9903 | -€20,316 | -€37,087 | -€16,771 | -82.6% |
| Income taxes | 67/77 | €101 | - | -€101 | |
| Profit (loss) for the period | 9904 | -€20,417 | -€37,087 | -€16,670 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,417 | -€37,087 | -€16,670 | -81.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.