MELODY'S: 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.
MELODY'S
Largest movements
- Tangible fixed assets +€43,735
new in 2025: €43,735
of which Other tangible fixed assets: +€42,750
- Stocks and contracts +€2,285
up €2,285 (+43.9%), from €5,202 to €7,487
- Receivables within one year -€1,726
down €1,726 (-1.9%), from €90,811 to €89,084
of which Other amounts receivable: -€7,301
- Current portion of long-term debt +€35,000
new in 2025: €35,000
- Trade debts +€8,951
up €8,951 (+137%), from €6,528 to €15,479
- Other debts -€8,000
down €8,000 (-33.3%), from €24,000 to €16,000
- Profit (loss) carried forward +€4,601
up €4,601 (+28.0%), from €16,451 to €21,052
- Tax, wage and social debts +€4,115
up €4,115 (+28.0%), from €14,722 to €18,837
of which Taxes: +€4,506
- Purchases and services +€124,249
new in 2025: €124,249
- Gross operating margin -€20,685
down €20,685 (-28.6%), from €72,322 to €51,638
- Staff costs -€10,138
down €10,138 (-32.9%), from €30,797 to €20,659
- Depreciation +€4,996
new in 2025: €4,996
- Other operating charges +€2,270
up €2,270 (+354%), from €642 to €2,911
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 | €100,911 | €145,579 | +€44,667 | +44.3% |
| Fixed assets | 21/28 | €419 | €44,154 | +€43,735 | +10,438% |
| Tangible fixed assets | 22/27 | - | €43,735 | +€43,735 | |
| Plant, machinery and equipment | 23 | - | €985 | +€985 | |
| Other tangible fixed assets | 26 | - | €42,750 | +€42,750 | |
| Financial fixed assets | 28 | €419 | €419 | = | 0.0% |
| Current assets | 29/58 | €100,492 | €101,425 | +€933 | +0.9% |
| Stocks and contracts in progress | 3 | €5,202 | €7,487 | +€2,285 | +43.9% |
| Stocks | 30/36 | €5,202 | €7,487 | +€2,285 | +43.9% |
| Amounts receivable within one year | 40/41 | €90,811 | €89,084 | -€1,726 | -1.9% |
| Trade receivables | 40 | €1,693 | €7,267 | +€5,575 | +329% |
| Other amounts receivable | 41 | €89,118 | €81,817 | -€7,301 | -8.2% |
| Cash at bank and in hand | 54/58 | €4,480 | €4,854 | +€374 | +8.4% |
| Total equity and liabilities | 10/49 | €100,911 | €145,579 | +€44,667 | +44.3% |
| Equity | 10/15 | €55,661 | €60,262 | +€4,601 | +8.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €16,451 | €21,052 | +€4,601 | +28.0% |
| Amounts payable | 17/49 | €45,250 | €85,316 | +€40,066 | +88.5% |
| Amounts payable within one year | 42/48 | €45,250 | €85,316 | +€40,066 | +88.5% |
| Current portion of amounts payable after more than one year | 42 | - | €35,000 | +€35,000 | |
| Trade debts | 44 | €6,528 | €15,479 | +€8,951 | +137% |
| Suppliers | 440/4 | €6,528 | €15,479 | +€8,951 | +137% |
| Taxes, remuneration and social security | 45 | €14,722 | €18,837 | +€4,115 | +28.0% |
| Taxes | 450/3 | €12,820 | €17,326 | +€4,506 | +35.1% |
| Remuneration and social security | 454/9 | €1,902 | €1,511 | -€391 | -20.6% |
| Other amounts payable | 47/48 | €24,000 | €16,000 | -€8,000 | -33.3% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €124,249 | +€124,249 | |
| Remuneration, social security and pensions | 62 | €30,797 | €20,659 | -€10,138 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,996 | +€4,996 | |
| Other operating charges | 640/8 | €642 | €2,911 | +€2,270 | +354% |
| Gross operating margin | 9900 | €72,322 | €51,638 | -€20,685 | -28.6% |
| Operating profit (loss) | 9901 | €40,884 | €23,071 | -€17,812 | -43.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €40,837 | €23,025 | -€17,812 | -43.6% |
| Income taxes | 67/77 | €6,655 | €8,424 | +€1,769 | +26.6% |
| Profit (loss) for the period | 9904 | €34,182 | €14,601 | -€19,581 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,182 | €14,601 | -€19,581 | -57.3% |
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 22 October 2026 via checked.be.