MELOMAX: 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.
MELOMAX
Largest movements
- Cash +€54,670
up €54,670 (+298%), from €18,320 to €72,990
mainly Other debts (+€93,938) and Net result for the year (+€47,912)
- Receivables within one year -€20,152
down €20,152 (-41.5%), from €48,557 to €28,405
of which Trade receivables: -€29,322
- Tangible fixed assets -€11,030
down €11,030 (-32.4%), from €34,064 to €23,034
- Other debts +€93,938
up €93,938 (+2,089%), from €4,496 to €98,435
- Profit (loss) carried forward -€50,523
no longer reported in 2025 (was €50,523)
- Debts after one year -€11,128
down €11,128 (-79.5%), from €13,994 to €2,866
- Tax, wage and social debts -€8,454
down €8,454 (-56.9%), from €14,862 to €6,407
of which Taxes: -€5,462
- Gross operating margin +€76,592
up €76,592, from -€8,932 to €67,660
- Taxes +€7,270
up €7,270 (+5,211%), from €140 to €7,410
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 | €101,589 | €125,079 | +€23,490 | +23.1% |
| Fixed assets | 21/28 | €34,064 | €23,034 | -€11,030 | -32.4% |
| Tangible fixed assets | 22/27 | €34,064 | €23,034 | -€11,030 | -32.4% |
| Furniture and vehicles | 24 | €34,064 | €23,034 | -€11,030 | -32.4% |
| Current assets | 29/58 | €67,525 | €102,045 | +€34,520 | +51.1% |
| Amounts receivable within one year | 40/41 | €48,557 | €28,405 | -€20,152 | -41.5% |
| Trade receivables | 40 | €48,557 | €19,235 | -€29,322 | -60.4% |
| Other amounts receivable | 41 | - | €9,170 | +€9,170 | |
| Cash at bank and in hand | 54/58 | €18,320 | €72,990 | +€54,670 | +298% |
| Deferred charges and accrued income | 490/1 | €648 | €651 | +€3 | +0.4% |
| Total equity and liabilities | 10/49 | €101,589 | €125,079 | +€23,490 | +23.1% |
| Equity | 10/15 | €53,523 | €3,000 | -€50,523 | -94.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,523 | - | -€50,523 | |
| Amounts payable | 17/49 | €48,066 | €122,079 | +€74,012 | +154% |
| Amounts payable after more than one year | 17 | €13,994 | €2,866 | -€11,128 | -79.5% |
| Financial debts | 170/4 | €13,994 | €2,866 | -€11,128 | -79.5% |
| Amounts payable within one year | 42/48 | €34,073 | €119,213 | +€85,140 | +250% |
| Current portion of amounts payable after more than one year | 42 | €11,574 | €11,128 | -€446 | -3.8% |
| Trade debts | 44 | €3,141 | €3,243 | +€102 | +3.2% |
| Suppliers | 440/4 | €3,141 | €3,243 | +€102 | +3.2% |
| Taxes, remuneration and social security | 45 | €14,862 | €6,407 | -€8,454 | -56.9% |
| Taxes | 450/3 | €11,654 | €6,191 | -€5,462 | -46.9% |
| Remuneration and social security | 454/9 | €3,208 | €216 | -€2,992 | -93.3% |
| Other amounts payable | 47/48 | €4,496 | €98,435 | +€93,938 | +2,089% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,030 | €11,030 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€8,932 | €67,660 | +€76,592 | |
| Operating profit (loss) | 9901 | -€20,350 | €56,230 | +€76,580 | |
| Financial income | 75/76B | €4 | €178 | +€174 | +4,065% |
| Recurring financial income | 75 | €4 | €178 | +€174 | +4,065% |
| Non-recurring financial income | 76B | - | €178 | +€178 | |
| Financial charges | 65/66B | €1,539 | €1,087 | -€452 | -29.4% |
| Recurring financial charges | 65 | €1,539 | €1,087 | -€452 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,884 | €55,322 | +€77,206 | |
| Income taxes | 67/77 | €140 | €7,410 | +€7,270 | +5,211% |
| Profit (loss) for the period | 9904 | -€22,024 | €47,912 | +€69,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,024 | €47,912 | +€69,936 |
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 23 October 2026 via checked.be.