MELS CONSULTING: 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.
MELS CONSULTING
Largest movements
- Cash +€259,487
up €259,487 (+100%), from €258,615 to €518,102
mainly Net result for the year (+€323,228) and Current investments (+€237,488)
- Current investments -€237,488
down €237,488 (-38.8%), from €612,318 to €374,830
- Receivables after one year +€169,000
up €169,000 (+84.5%), from €200,000 to €369,000
- Tangible fixed assets -€27,757
down €27,757 (-7.7%), from €361,635 to €333,878
of which Land and buildings: -€19,807
- Deferred charges and accrued income +€27,319
up €27,319 (+22.5%), from €121,482 to €148,801
- Reserves +€163,200
up €163,200 (+12.9%), from €1.3m to €1.4m
of which Distributable reserves: +€270,000
- Current portion of long-term debt +€63,350
up €63,350 (+258%), from €24,558 to €87,909
- Debts after one year -€25,263
down €25,263 (-18.9%), from €133,723 to €108,460
- Staff costs -€29,965
down €29,965 (-27.0%), from €110,985 to €81,020
- Gross operating margin +€27,683
up €27,683 (+5.1%), from €540,665 to €568,348
- Taxes +€20,705
up €20,705 (+22.3%), from €92,771 to €113,476
- Depreciation -€11,112
down €11,112 (-16.8%), from €66,090 to €54,977
- Financial income -€8,860
down €8,860 (-33.9%), from €26,121 to €17,262
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 | €1,643,356 | €1,843,776 | +€200,420 | +12.2% |
| Fixed assets | 21/28 | €363,902 | €335,485 | -€28,417 | -7.8% |
| Intangible fixed assets | 21 | €2,257 | €1,597 | -€660 | -29.2% |
| Tangible fixed assets | 22/27 | €361,635 | €333,878 | -€27,757 | -7.7% |
| Land and buildings | 22 | €333,560 | €313,753 | -€19,807 | -5.9% |
| Plant, machinery and equipment | 23 | €9,841 | €1,626 | -€8,215 | -83.5% |
| Furniture and vehicles | 24 | €18,235 | €18,500 | +€265 | +1.5% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €1,279,454 | €1,508,291 | +€228,837 | +17.9% |
| Amounts receivable after more than one year | 29 | €200,000 | €369,000 | +€169,000 | +84.5% |
| Other amounts receivable | 291 | €200,000 | €369,000 | +€169,000 | +84.5% |
| Amounts receivable within one year | 40/41 | €87,040 | €97,558 | +€10,518 | +12.1% |
| Trade receivables | 40 | €85,067 | €97,268 | +€12,200 | +14.3% |
| Other amounts receivable | 41 | €1,972 | €290 | -€1,682 | -85.3% |
| Current investments | 50/53 | €612,318 | €374,830 | -€237,488 | -38.8% |
| Cash at bank and in hand | 54/58 | €258,615 | €518,102 | +€259,487 | +100% |
| Deferred charges and accrued income | 490/1 | €121,482 | €148,801 | +€27,319 | +22.5% |
| Total equity and liabilities | 10/49 | €1,643,356 | €1,843,776 | +€200,420 | +12.2% |
| Equity | 10/15 | €1,318,230 | €1,481,161 | +€162,930 | +12.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,264,300 | €1,427,500 | +€163,200 | +12.9% |
| Tax-exempt reserves | 132 | €144,300 | €37,500 | -€106,800 | -74.0% |
| Distributable reserves | 133 | €1,120,000 | €1,390,000 | +€270,000 | +24.1% |
| Profit (loss) carried forward | 14 | €3,930 | €3,661 | -€270 | -6.9% |
| Amounts payable | 17/49 | €325,126 | €362,615 | +€37,490 | +11.5% |
| Amounts payable after more than one year | 17 | €133,723 | €108,460 | -€25,263 | -18.9% |
| Financial debts | 170/4 | €133,723 | €108,460 | -€25,263 | -18.9% |
| Amounts payable within one year | 42/48 | €191,403 | €254,155 | +€62,752 | +32.8% |
| Current portion of amounts payable after more than one year | 42 | €24,558 | €87,909 | +€63,350 | +258% |
| Trade debts | 44 | €67,336 | €77,368 | +€10,032 | +14.9% |
| Suppliers | 440/4 | €67,336 | €77,368 | +€10,032 | +14.9% |
| Taxes, remuneration and social security | 45 | €68,260 | €54,194 | -€14,066 | -20.6% |
| Taxes | 450/3 | €57,043 | €43,962 | -€13,081 | -22.9% |
| Remuneration and social security | 454/9 | €11,217 | €10,232 | -€984 | -8.8% |
| Other amounts payable | 47/48 | €31,248 | €34,685 | +€3,436 | +11.0% |
| Non-recurring operating income | 76A | €52 | €1,156 | +€1,105 | +2,140% |
| Remuneration, social security and pensions | 62 | €110,985 | €81,020 | -€29,965 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,090 | €54,977 | -€11,112 | -16.8% |
| Other operating charges | 640/8 | €7,863 | €4,774 | -€3,090 | -39.3% |
| Non-recurring operating charges | 66A | - | €211 | +€211 | |
| Gross operating margin | 9900 | €540,665 | €568,348 | +€27,683 | +5.1% |
| Operating profit (loss) | 9901 | €355,727 | €427,366 | +€71,639 | +20.1% |
| Financial income | 75/76B | €26,121 | €17,262 | -€8,860 | -33.9% |
| Recurring financial income | 75 | €26,121 | €17,262 | -€8,860 | -33.9% |
| Financial charges | 65/66B | €7,097 | €7,924 | +€827 | +11.6% |
| Recurring financial charges | 65 | €7,097 | €7,924 | +€827 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €374,751 | €436,704 | +€61,952 | +16.5% |
| Income taxes | 67/77 | €92,771 | €113,476 | +€20,705 | +22.3% |
| Profit (loss) for the period | 9904 | €281,980 | €323,228 | +€41,248 | +14.6% |
| Transfer from tax-exempt reserves | 789 | - | €106,800 | +€106,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €281,980 | €430,028 | +€148,048 | +52.5% |
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 22 October 2026 via checked.be.