Melrox: 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.
Melrox
Largest movements
- Cash +€21,994
up €21,994 (+433%), from €5,078 to €27,072
mainly Other debts (+€84,286) and Net result for the year (+€17,654)
- Tangible fixed assets +€20,499
new in 2025: €20,499
- Receivables within one year -€6,489
down €6,489 (-12.3%), from €52,571 to €46,082
of which Other amounts receivable: -€29,505
- Other debts +€84,286
new in 2025: €84,286
- Trade debts -€44,064
down €44,064 (-98.1%), from €44,901 to €837
of which Bills of exchange payable: -€44,901
- Reserves -€22,419
no longer reported in 2025 (was €22,419)
- Profit (loss) carried forward +€20,783
up €20,783 (+34.5%), from -€60,301 to -€39,518
- Accrued charges and deferred income +€14,152
new in 2025: €14,152
- Depreciation +€10,948
up €10,948 (+1,766%), from €620 to €11,568
- Gross operating margin +€5,770
up €5,770 (+16.9%), from €34,131 to €39,901
- Taxes +€2,725
up €2,725 (+127%), from €2,153 to €4,878
- Financial charges -€2,123
down €2,123 (-77.1%), from €2,752 to €629
- Other operating charges -€1,144
down €1,144 (-18.1%), from €6,316 to €5,172
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 | €57,650 | €93,653 | +€36,003 | +62.5% |
| Fixed assets | 21/28 | - | €20,499 | +€20,499 | |
| Tangible fixed assets | 22/27 | - | €20,499 | +€20,499 | |
| Furniture and vehicles | 24 | - | €20,499 | +€20,499 | |
| Current assets | 29/58 | €57,650 | €73,154 | +€15,504 | +26.9% |
| Amounts receivable within one year | 40/41 | €52,571 | €46,082 | -€6,489 | -12.3% |
| Trade receivables | 40 | €15,445 | €38,460 | +€23,015 | +149% |
| Other amounts receivable | 41 | €37,127 | €7,622 | -€29,505 | -79.5% |
| Cash at bank and in hand | 54/58 | €5,078 | €27,072 | +€21,994 | +433% |
| Total equity and liabilities | 10/49 | €57,650 | €93,653 | +€36,003 | +62.5% |
| Equity | 10/15 | -€32,883 | -€34,518 | -€1,635 | -5.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,419 | - | -€22,419 | |
| Distributable reserves | 133 | €22,419 | - | -€22,419 | |
| Profit (loss) carried forward | 14 | -€60,301 | -€39,518 | +€20,783 | +34.5% |
| Amounts payable | 17/49 | €90,533 | €128,171 | +€37,638 | +41.6% |
| Amounts payable after more than one year | 17 | €16,152 | €16,152 | -€0 | 0.0% |
| Financial debts | 170/4 | €16,152 | €16,152 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €74,380 | €97,867 | +€23,487 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | €6,868 | €2,196 | -€4,672 | -68.0% |
| Trade debts | 44 | €44,901 | €837 | -€44,064 | -98.1% |
| Suppliers | 440/4 | - | €837 | +€837 | |
| Bills of exchange payable | 441 | €44,901 | - | -€44,901 | |
| Taxes, remuneration and social security | 45 | €22,611 | €10,548 | -€12,063 | -53.4% |
| Taxes | 450/3 | €17,978 | €10,548 | -€7,430 | -41.3% |
| Remuneration and social security | 454/9 | €4,633 | - | -€4,633 | |
| Other amounts payable | 47/48 | - | €84,286 | +€84,286 | |
| Accrued charges and deferred income | 492/3 | - | €14,152 | +€14,152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €11,568 | +€10,948 | +1,766% |
| Other operating charges | 640/8 | €6,316 | €5,172 | -€1,144 | -18.1% |
| Gross operating margin | 9900 | €34,131 | €39,901 | +€5,770 | +16.9% |
| Operating profit (loss) | 9901 | €27,195 | €23,161 | -€4,034 | -14.8% |
| Financial income | 75/76B | €128 | - | -€128 | |
| Recurring financial income | 75 | €128 | - | -€128 | |
| Financial charges | 65/66B | €2,752 | €629 | -€2,123 | -77.1% |
| Recurring financial charges | 65 | €2,752 | €629 | -€2,123 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €24,571 | €22,532 | -€2,039 | -8.3% |
| Income taxes | 67/77 | €2,153 | €4,878 | +€2,725 | +127% |
| Profit (loss) for the period | 9904 | €22,419 | €17,654 | -€4,765 | -21.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,419 | €17,654 | -€4,765 | -21.3% |
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.