Melti: 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.
Melti
Largest movements
- Tangible fixed assets -€15,569
down €15,569 (-85.6%), from €18,193 to €2,624
of which Furniture and vehicles: -€14,829
- Receivables within one year +€8,611
up €8,611 (+9.6%), from €89,315 to €97,925
of which Trade receivables: +€40,248
- Cash -€4,923
down €4,923 (-78.9%), from €6,241 to €1,318
mainly Trade debts (-€9,471) and Receivables within one year (-€8,611)
- Deferred charges and accrued income -€1,705
no longer reported in 2025 (was €1,705)
- Trade debts -€9,471
down €9,471 (-17.3%), from €54,810 to €45,339
- Reserves +€7,398
up €7,398 (+17.8%), from €41,499 to €48,897
- Tax, wage and social debts -€5,673
down €5,673 (-97.4%), from €5,825 to €151
- Other debts -€4,241
down €4,241 (-48.6%), from €8,721 to €4,480
- Short-term financial debts -€1,600
no longer reported in 2025 (was €1,600)
- Gross operating margin +€44,421
up €44,421 (+295.5%), from €15,031 to €59,453
- Write-downs +€30,450
new in 2025: €30,450
- Other operating charges -€2,189
down €2,189 (-33.4%), from €6,556 to €4,367
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 | €115,454 | €101,867 | -€13,587 | -11.8% |
| Fixed assets | 21/28 | €18,193 | €2,624 | -€15,569 | -85.6% |
| Tangible fixed assets | 22/27 | €18,193 | €2,624 | -€15,569 | -85.6% |
| Plant, machinery and equipment | 23 | €3,364 | €2,624 | -€740 | -22.0% |
| Furniture and vehicles | 24 | €14,829 | - | -€14,829 | |
| Current assets | 29/58 | €97,261 | €99,243 | +€1,982 | +2.0% |
| Amounts receivable within one year | 40/41 | €89,315 | €97,925 | +€8,611 | +9.6% |
| Trade receivables | 40 | €4,930 | €45,178 | +€40,248 | +816.3% |
| Other amounts receivable | 41 | €84,384 | €52,747 | -€31,637 | -37.5% |
| Cash at bank and in hand | 54/58 | €6,241 | €1,318 | -€4,923 | -78.9% |
| Deferred charges and accrued income | 490/1 | €1,705 | - | -€1,705 | |
| Total equity and liabilities | 10/49 | €115,454 | €101,867 | -€13,587 | -11.8% |
| Equity | 10/15 | €44,499 | €51,897 | +€7,398 | +16.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,499 | €48,897 | +€7,398 | +17.8% |
| Distributable reserves | 133 | €41,499 | €48,897 | +€7,398 | +17.8% |
| Amounts payable | 17/49 | €70,955 | €49,970 | -€20,985 | -29.6% |
| Amounts payable within one year | 42/48 | €70,955 | €49,970 | -€20,985 | -29.6% |
| Financial debts | 43 | €1,600 | - | -€1,600 | |
| Credit institutions | 430/8 | €1,600 | - | -€1,600 | |
| Trade debts | 44 | €54,810 | €45,339 | -€9,471 | -17.3% |
| Suppliers | 440/4 | €54,810 | €45,339 | -€9,471 | -17.3% |
| Taxes, remuneration and social security | 45 | €5,825 | €151 | -€5,673 | -97.4% |
| Taxes | 450/3 | €5,825 | €151 | -€5,673 | -97.4% |
| Other amounts payable | 47/48 | €8,721 | €4,480 | -€4,241 | -48.6% |
| Non-recurring operating income | 76A | €1,033 | - | -€1,033 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,562 | €15,569 | +€7 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €30,450 | +€30,450 | |
| Other operating charges | 640/8 | €6,556 | €4,367 | -€2,189 | -33.4% |
| Gross operating margin | 9900 | €15,031 | €59,453 | +€44,421 | +295.5% |
| Operating profit (loss) | 9901 | -€7,086 | €9,067 | +€16,154 | |
| Financial income | 75/76B | €3 | €3 | +€0 | +16.7% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +16.7% |
| Financial charges | 65/66B | €1,563 | €1,521 | -€43 | -2.7% |
| Recurring financial charges | 65 | €1,563 | €1,521 | -€43 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,647 | €7,550 | +€16,197 | |
| Income taxes | 67/77 | - | €151 | +€151 | |
| Profit (loss) for the period | 9904 | -€8,647 | €7,398 | +€16,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,647 | €7,398 | +€16,046 |
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 2 October 2026 via checked.be.