MELONE: 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.
MELONE
Largest movements
- Cash +€37,123
up €37,123 (+107.3%), from €34,599 to €71,723
mainly Depreciation (+€29,557) and Other debts (+€14,585)
- Stocks and contracts +€6,162
up €6,162 (+41.6%), from €14,831 to €20,994
- Tangible fixed assets +€5,413
up €5,413 (+2.3%), from €238,051 to €243,464
of which Furniture and vehicles: +€26,610
- Other debts +€14,585
up €14,585 (+190.1%), from €7,672 to €22,257
- Tax, wage and social debts +€13,808
new in 2025: €13,808
- Reserves +€13,281
up €13,281 (+13.3%), from €99,993 to €113,274
of which Distributable reserves: +€13,281
- Current portion of long-term debt +€6,673
up €6,673 (+42.3%), from €15,770 to €22,443
- Taxes +€12,930
up €12,930 (+187.5%), from €6,897 to €19,827
- Staff costs +€12,082
up €12,082 (+22.2%), from €54,405 to €66,487
- Gross operating margin +€8,516
up €8,516 (+6.6%), from €129,600 to €138,116
- Depreciation +€6,494
up €6,494 (+28.2%), from €23,063 to €29,557
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 | €292,715 | €340,842 | +€48,127 | +16.4% |
| Fixed assets | 21/28 | €238,051 | €243,464 | +€5,413 | +2.3% |
| Tangible fixed assets | 22/27 | €238,051 | €243,464 | +€5,413 | +2.3% |
| Land and buildings | 22 | €218,048 | €200,930 | -€17,118 | -7.9% |
| Plant, machinery and equipment | 23 | €13,170 | €9,091 | -€4,079 | -31.0% |
| Furniture and vehicles | 24 | €6,833 | €33,442 | +€26,610 | +389.4% |
| Current assets | 29/58 | €54,664 | €97,378 | +€42,715 | +78.1% |
| Stocks and contracts in progress | 3 | €14,831 | €20,994 | +€6,162 | +41.6% |
| Stocks | 30/36 | €14,831 | €20,994 | +€6,162 | +41.6% |
| Amounts receivable within one year | 40/41 | €5,233 | €4,662 | -€571 | -10.9% |
| Other amounts receivable | 41 | €5,233 | €4,662 | -€571 | -10.9% |
| Cash at bank and in hand | 54/58 | €34,599 | €71,723 | +€37,123 | +107.3% |
| Total equity and liabilities | 10/49 | €292,715 | €340,842 | +€48,127 | +16.4% |
| Equity | 10/15 | €124,993 | €138,274 | +€13,281 | +10.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €99,993 | €113,274 | +€13,281 | +13.3% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €97,493 | €110,774 | +€13,281 | +13.6% |
| Amounts payable | 17/49 | €167,722 | €202,568 | +€34,846 | +20.8% |
| Amounts payable after more than one year | 17 | €137,898 | €136,478 | -€1,420 | -1.0% |
| Financial debts | 170/4 | €137,898 | €136,478 | -€1,420 | -1.0% |
| Amounts payable within one year | 42/48 | €29,824 | €66,090 | +€36,266 | +121.6% |
| Current portion of amounts payable after more than one year | 42 | €15,770 | €22,443 | +€6,673 | +42.3% |
| Trade debts | 44 | €6,381 | €7,581 | +€1,200 | +18.8% |
| Suppliers | 440/4 | €6,381 | €7,581 | +€1,200 | +18.8% |
| Taxes, remuneration and social security | 45 | - | €13,808 | +€13,808 | |
| Taxes | 450/3 | - | €13,808 | +€13,808 | |
| Other amounts payable | 47/48 | €7,672 | €22,257 | +€14,585 | +190.1% |
| Remuneration, social security and pensions | 62 | €54,405 | €66,487 | +€12,082 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,063 | €29,557 | +€6,494 | +28.2% |
| Other operating charges | 640/8 | €1,998 | €2,298 | +€300 | +15.0% |
| Gross operating margin | 9900 | €129,600 | €138,116 | +€8,516 | +6.6% |
| Operating profit (loss) | 9901 | €50,134 | €39,774 | -€10,360 | -20.7% |
| Financial income | 75/76B | €60 | €72 | +€12 | +19.5% |
| Recurring financial income | 75 | €60 | €72 | +€12 | +19.5% |
| Financial charges | 65/66B | €6,626 | €6,738 | +€113 | +1.7% |
| Recurring financial charges | 65 | €6,626 | €6,738 | +€113 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €43,569 | €33,108 | -€10,461 | -24.0% |
| Income taxes | 67/77 | €6,897 | €19,827 | +€12,930 | +187.5% |
| Profit (loss) for the period | 9904 | €36,672 | €13,281 | -€23,391 | -63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,672 | €13,281 | -€23,391 | -63.8% |
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 3 October 2026 via checked.be.