MELS GROUP: 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.
MELS GROUP
Largest movements
- Receivables within one year -€461
no longer reported in 2025 (was €461)
- Cash +€395
up €395 (+1839.7%), from €21 to €416
mainly Receivables within one year (+€461) and Depreciation (+€374)
- Tangible fixed assets -€374
down €374 (-35.1%), from €1,068 to €693
- Profit (loss) carried forward -€641
down €641 (-31.1%), from -€2,063 to -€2,704
- Other debts +€201
up €201 (+12.4%), from €1,613 to €1,814
- Purchases and services -€1,828
down €1,828 (-88.6%), from €2,064 to €236
- Gross operating margin +€1,771
up €1,771 (+88.3%), from -€2,006 to -€236
- Depreciation +€319
up €319 (+576.8%), from €55 to €374
- Turnover -€58
no longer reported in 2025 (was €58)
- Financial charges +€29
up €29 (+1771.5%), from €2 to €31
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 | €1,550 | €1,110 | -€440 | -28.4% |
| Fixed assets | 21/28 | €1,068 | €693 | -€374 | -35.1% |
| Tangible fixed assets | 22/27 | €1,068 | €693 | -€374 | -35.1% |
| Furniture and vehicles | 24 | €1,068 | €693 | -€374 | -35.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €482 | €416 | -€66 | -13.7% |
| Amounts receivable within one year | 40/41 | €461 | - | -€461 | |
| Other amounts receivable | 41 | €461 | - | -€461 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €21 | €416 | +€395 | +1839.7% |
| Total equity and liabilities | 10/49 | €1,550 | €1,110 | -€440 | -28.4% |
| Equity | 10/15 | -€63 | -€704 | -€641 | -1013.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,063 | -€2,704 | -€641 | -31.1% |
| Amounts payable | 17/49 | €1,613 | €1,814 | +€201 | +12.4% |
| Amounts payable within one year | 42/48 | €1,613 | €1,814 | +€201 | +12.4% |
| Other amounts payable | 47/48 | €1,613 | €1,814 | +€201 | +12.4% |
| Turnover | 70 | €58 | - | -€58 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,064 | €236 | -€1,828 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €374 | +€319 | +576.8% |
| Gross operating margin | 9900 | -€2,006 | -€236 | +€1,771 | +88.3% |
| Operating profit (loss) | 9901 | -€2,062 | -€610 | +€1,452 | +70.4% |
| Financial charges | 65/66B | €2 | €31 | +€29 | +1771.5% |
| Recurring financial charges | 65 | €2 | €31 | +€29 | +1771.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,063 | -€641 | +€1,422 | +68.9% |
| Profit (loss) for the period | 9904 | -€2,063 | -€641 | +€1,422 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,063 | -€641 | +€1,422 | +68.9% |
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 8 October 2026 via checked.be.