Mels Ecologistic Services: 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 Ecologistic Services
Largest movements
- Receivables within one year -€546,048
down €546,048 (-25.0%), from €2.2m to €1.6m
of which Trade receivables: -€798,594
- Tangible fixed assets -€394,785
down €394,785 (-41.7%), from €947,850 to €553,065
- Deferred charges and accrued income +€50,591
up €50,591 (+168%), from €30,182 to €80,773
- Cash +€48,120
up €48,120 (+113%), from €42,482 to €90,602
mainly Trade debts (+€572,854) and Receivables within one year (+€546,048)
- Other debts -€1.4m
down €1.4m (-51.0%), from €2.7m to €1.3m
- Trade debts +€572,854
up €572,854 (+2,613%), from €21,921 to €594,775
- Debts after one year -€75,488
down €75,488 (-38.2%), from €197,567 to €122,080
- Tax, wage and social debts +€63,817
up €63,817 (+25.4%), from €251,575 to €315,392
of which Taxes: +€57,613
- Staff costs -€190,067
down €190,067 (-23.3%), from €815,998 to €625,931
- Write-downs +€91,496
up €91,496, from -€76,103 to €15,392
- Other operating charges -€50,455
down €50,455 (-22.9%), from €220,608 to €170,153
- Depreciation -€40,019
down €40,019 (-9.2%), from €434,804 to €394,785
- Gross operating margin +€36,531
up €36,531 (+3.1%), from €1.2m to €1.2m
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 | €3,205,481 | €2,365,059 | -€840,422 | -26.2% |
| Fixed assets | 21/28 | €949,368 | €556,283 | -€393,085 | -41.4% |
| Tangible fixed assets | 22/27 | €947,850 | €553,065 | -€394,785 | -41.7% |
| Plant, machinery and equipment | 23 | €255,614 | €116,014 | -€139,600 | -54.6% |
| Furniture and vehicles | 24 | €13,571 | €5,697 | -€7,873 | -58.0% |
| Leasing and similar rights | 25 | €365,826 | €169,166 | -€196,660 | -53.8% |
| Other tangible fixed assets | 26 | €312,839 | €262,188 | -€50,651 | -16.2% |
| Financial fixed assets | 28 | €1,518 | €3,218 | +€1,700 | +112% |
| Current assets | 29/58 | €2,256,113 | €1,808,776 | -€447,337 | -19.8% |
| Amounts receivable within one year | 40/41 | €2,183,449 | €1,637,401 | -€546,048 | -25.0% |
| Trade receivables | 40 | €1,524,877 | €726,283 | -€798,594 | -52.4% |
| Other amounts receivable | 41 | €658,572 | €911,118 | +€252,546 | +38.3% |
| Cash at bank and in hand | 54/58 | €42,482 | €90,602 | +€48,120 | +113% |
| Deferred charges and accrued income | 490/1 | €30,182 | €80,773 | +€50,591 | +168% |
| Total equity and liabilities | 10/49 | €3,205,481 | €2,365,059 | -€840,422 | -26.2% |
| Equity | 10/15 | -€90,407 | -€75,893 | +€14,515 | +16.1% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Reserves | 13 | €60,388 | €60,388 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €57,388 | €57,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€360,795 | -€346,281 | +€14,515 | +4.0% |
| Amounts payable | 17/49 | €3,295,888 | €2,440,951 | -€854,937 | -25.9% |
| Amounts payable after more than one year | 17 | €197,567 | €122,080 | -€75,488 | -38.2% |
| Financial debts | 170/4 | €197,567 | €122,080 | -€75,488 | -38.2% |
| Amounts payable within one year | 42/48 | €3,098,321 | €2,318,872 | -€779,449 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €97,249 | €75,488 | -€21,761 | -22.4% |
| Trade debts | 44 | €21,921 | €594,775 | +€572,854 | +2,613% |
| Suppliers | 440/4 | €21,921 | €594,775 | +€572,854 | +2,613% |
| Advances received on contracts in progress | 46 | €5,232 | €0 | -€5,232 | -100% |
| Taxes, remuneration and social security | 45 | €251,575 | €315,392 | +€63,817 | +25.4% |
| Taxes | 450/3 | €191,599 | €249,212 | +€57,613 | +30.1% |
| Remuneration and social security | 454/9 | €59,976 | €66,180 | +€6,204 | +10.3% |
| Other amounts payable | 47/48 | €2,722,344 | €1,333,217 | -€1.4m | -51.0% |
| Remuneration, social security and pensions | 62 | €815,998 | €625,931 | -€190,067 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €434,804 | €394,785 | -€40,019 | -9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€76,103 | €15,392 | +€91,496 | |
| Other operating charges | 640/8 | €220,608 | €170,153 | -€50,455 | -22.9% |
| Gross operating margin | 9900 | €1,191,586 | €1,228,117 | +€36,531 | +3.1% |
| Operating profit (loss) | 9901 | -€203,722 | €21,855 | +€225,577 | |
| Financial income | 75/76B | €968 | €132 | -€836 | -86.4% |
| Recurring financial income | 75 | €968 | €132 | -€836 | -86.4% |
| Financial charges | 65/66B | €10,731 | €6,688 | -€4,042 | -37.7% |
| Recurring financial charges | 65 | €10,731 | €6,688 | -€4,042 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€213,484 | €15,299 | +€228,783 | |
| Income taxes | 67/77 | - | €784 | +€784 | |
| Profit (loss) for the period | 9904 | -€213,484 | €14,515 | +€227,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€213,484 | €14,515 | +€227,999 |
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 30 October 2026 via checked.be.