MELOVAN: 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.
MELOVAN
Largest movements
- Stocks and contracts -€26,490
down €26,490 (-25.3%), from €104,884 to €78,394
- Cash -€19,982
down €19,982 (-96.5%), from €20,714 to €733
mainly Debts after one year (-€23,153) and Trade debts (-€12,216)
- Receivables within one year +€8,632
up €8,632 (+34.2%), from €25,241 to €33,874
- Deferred charges and accrued income -€3,149
down €3,149 (-23.5%), from €13,390 to €10,240
- Debts after one year -€23,153
down €23,153 (-31.8%), from €72,905 to €49,752
- Trade debts -€12,216
down €12,216 (-22.1%), from €55,315 to €43,098
- Tax, wage and social debts -€8,512
down €8,512 (-38.1%), from €22,338 to €13,826
- Short-term financial debts +€4,879
up €4,879 (+89.8%), from €5,433 to €10,312
- Reserves -€3,546
down €3,546 (-5.2%), from €68,369 to €64,823
of which Non-distributable reserves: -€16,657
- Gross operating margin -€43,766
down €43,766 (-72.6%), from €60,315 to €16,549
- Taxes -€8,488
down €8,488 (-80.4%), from €10,563 to €2,075
- Financial charges -€710
down €710 (-14.0%), from €5,084 to €4,374
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 | €310,062 | €267,179 | -€42,883 | -13.8% |
| Fixed assets | 21/28 | €145,832 | €143,938 | -€1,894 | -1.3% |
| Tangible fixed assets | 22/27 | €145,832 | €143,938 | -€1,894 | -1.3% |
| Land and buildings | 22 | €145,300 | €143,687 | -€1,613 | -1.1% |
| Plant, machinery and equipment | 23 | €11 | - | -€11 | |
| Furniture and vehicles | 24 | €521 | €251 | -€270 | -51.8% |
| Current assets | 29/58 | €164,229 | €123,241 | -€40,988 | -25.0% |
| Stocks and contracts in progress | 3 | €104,884 | €78,394 | -€26,490 | -25.3% |
| Stocks | 30/36 | €104,884 | €78,394 | -€26,490 | -25.3% |
| Amounts receivable within one year | 40/41 | €25,241 | €33,874 | +€8,632 | +34.2% |
| Other amounts receivable | 41 | €25,241 | €33,874 | +€8,632 | +34.2% |
| Cash at bank and in hand | 54/58 | €20,714 | €733 | -€19,982 | -96.5% |
| Deferred charges and accrued income | 490/1 | €13,390 | €10,240 | -€3,149 | -23.5% |
| Total equity and liabilities | 10/49 | €310,062 | €267,179 | -€42,883 | -13.8% |
| Equity | 10/15 | €130,369 | €126,823 | -€3,546 | -2.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €68,369 | €64,823 | -€3,546 | -5.2% |
| Non-distributable reserves | 130/1 | €22,857 | €6,200 | -€16,657 | -72.9% |
| Reserves not available under the articles | 1311 | €22,857 | €6,200 | -€16,657 | -72.9% |
| Tax-exempt reserves | 132 | - | €16,657 | +€16,657 | |
| Distributable reserves | 133 | €45,512 | €41,966 | -€3,546 | -7.8% |
| Amounts payable | 17/49 | €179,692 | €140,356 | -€39,336 | -21.9% |
| Amounts payable after more than one year | 17 | €72,905 | €49,752 | -€23,153 | -31.8% |
| Financial debts | 170/4 | €72,905 | €49,752 | -€23,153 | -31.8% |
| Amounts payable within one year | 42/48 | €106,572 | €90,389 | -€16,183 | -15.2% |
| Current portion of amounts payable after more than one year | 42 | €22,654 | €23,153 | +€499 | +2.2% |
| Financial debts | 43 | €5,433 | €10,312 | +€4,879 | +89.8% |
| Credit institutions | 430/8 | €5,433 | €10,312 | +€4,879 | +89.8% |
| Trade debts | 44 | €55,315 | €43,098 | -€12,216 | -22.1% |
| Suppliers | 440/4 | €55,315 | €43,098 | -€12,216 | -22.1% |
| Taxes, remuneration and social security | 45 | €22,338 | €13,826 | -€8,512 | -38.1% |
| Taxes | 450/3 | €22,338 | €13,826 | -€8,512 | -38.1% |
| Other amounts payable | 47/48 | €833 | - | -€833 | |
| Accrued charges and deferred income | 492/3 | €215 | €215 | = | 0.0% |
| Non-recurring operating income | 76A | €30,179 | - | -€30,179 | |
| Remuneration, social security and pensions | 62 | €310 | €43 | -€267 | -86.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,443 | €8,790 | +€347 | +4.1% |
| Other operating charges | 640/8 | €4,649 | €4,914 | +€265 | +5.7% |
| Gross operating margin | 9900 | €60,315 | €16,549 | -€43,766 | -72.6% |
| Operating profit (loss) | 9901 | €46,913 | €2,802 | -€44,112 | -94.0% |
| Financial income | 75/76B | €6 | €100 | +€95 | +1,629% |
| Recurring financial income | 75 | €6 | €100 | +€95 | +1,629% |
| Financial charges | 65/66B | €5,084 | €4,374 | -€710 | -14.0% |
| Recurring financial charges | 65 | €5,084 | €4,374 | -€710 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €41,835 | -€1,471 | -€43,306 | |
| Income taxes | 67/77 | €10,563 | €2,075 | -€8,488 | -80.4% |
| Profit (loss) for the period | 9904 | €31,272 | -€3,546 | -€34,818 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,272 | -€3,546 | -€34,818 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.