MELUNEX: 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.
What changed
MELUNEX
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€137,251
2024 · -€22,302-€114,949
Equity
€685,545
2024 · €822,796-€137,251
Cash
€273,131
2024 · €286,608-€13,477
Balance sheet total
€3.7m
2024 · €3.8m-€101,855
Largest movements
Assets
- Tangible fixed assets -€131,462
down €131,462 (-5.5%), from €2.4m to €2.2m
of which Land and buildings: -€225,532
- Receivables within one year +€54,350
up €54,350 (+6.1%), from €890,774 to €945,124
of which Trade receivables: +€142,894
- Receivables after one year -€51,498
down €51,498 (-54.0%), from €95,442 to €43,944
- Deferred charges and accrued income +€40,262
up €40,262 (+88.1%), from €45,701 to €85,963
Equity and liabilities
- Current portion of long-term debt +€264,367
up €264,367 (+294.9%), from €89,642 to €354,008
- Trade debts -€220,090
down €220,090 (-34.2%), from €644,166 to €424,076
- Profit (loss) carried forward -€137,251
down €137,251 (-30.3%), from €452,336 to €315,085
- Debts after one year -€105,228
down €105,228 (-5.4%), from €1.9m to €1.8m
- Other debts +€73,800
up €73,800 (+108.6%), from €67,940 to €141,740
Income statement
- Turnover +€531,585
up €531,585 (+8.5%), from €6.3m to €6.8m
- Depreciation +€220,836
up €220,836 (+83.6%), from €264,194 to €485,030
- Goods and materials +€200,902
up €200,902 (+12.6%), from €1.6m to €1.8m
of which Purchases: +€202,253
- Services and other goods +€176,717
up €176,717 (+5.4%), from €3.3m to €3.4m
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.
Result 2024
-€22,302
Turnover
+€531,585
Other operating income
+€66,168
Goods and materials
-€200,902
Services and other goods
-€176,717
Staff costs
-€66,364
Depreciation
-€220,836
Other operating charges
+€2,007
Other operating items
-€3,897
Financial income
-€1,989
Financial charges
-€52,647
Taxes
+€8,643
Result 2025
-€137,251
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.
From operations
+€177,781
Investment
-€350,396
Financing
+€159,138
Cash 2024
€286,608
From operations (derived)
+€177,781
Net result for the year
-€137,251
Depreciation
+€485,030
Receivables after one year
+€51,498
Stocks and contracts
-€3,142
Receivables within one year
-€54,350
Deferred charges and accrued income
-€40,262
Trade debts
-€220,090
Tax, wage and social debts
+€22,097
Other debts
+€73,800
Accrued charges and deferred income
+€450
Investment (derived)
-€350,396
Investment in fixed assets (net)
-€350,396
Financing
+€159,138
Debts after one year
-€105,228
Current portion of long-term debt
+€264,367
Cash 2025
€273,131
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,768,645 | €3,666,790 | -€101,855 | -2.7% |
| Fixed assets | 21/28 | €2,416,757 | €2,282,123 | -€134,634 | -5.6% |
| Intangible fixed assets | 21 | €41,984 | €38,811 | -€3,172 | -7.6% |
| Tangible fixed assets | 22/27 | €2,372,973 | €2,241,511 | -€131,462 | -5.5% |
| Land and buildings | 22 | €1,844,156 | €1,618,625 | -€225,532 | -12.2% |
| Plant, machinery and equipment | 23 | €457,071 | €550,870 | +€93,799 | +20.5% |
| Furniture and vehicles | 24 | €71,745 | €72,016 | +€271 | +0.4% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,800 | €1,800 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €1,351,889 | €1,384,667 | +€32,779 | +2.4% |
| Amounts receivable after more than one year | 29 | €95,442 | €43,944 | -€51,498 | -54.0% |
| Other amounts receivable | 291 | €95,442 | €43,944 | -€51,498 | -54.0% |
| Stocks and contracts in progress | 3 | €33,363 | €36,505 | +€3,142 | +9.4% |
| Stocks | 30/36 | €33,363 | €36,505 | +€3,142 | +9.4% |
| Goods purchased for resale | 34 | €33,363 | €36,505 | +€3,142 | +9.4% |
| Amounts receivable within one year | 40/41 | €890,774 | €945,124 | +€54,350 | +6.1% |
| Trade receivables | 40 | €262,473 | €405,367 | +€142,894 | +54.4% |
| Other amounts receivable | 41 | €628,301 | €539,756 | -€88,545 | -14.1% |
| Cash at bank and in hand | 54/58 | €286,608 | €273,131 | -€13,477 | -4.7% |
| Deferred charges and accrued income | 490/1 | €45,701 | €85,963 | +€40,262 | +88.1% |
| Total equity and liabilities | 10/49 | €3,768,645 | €3,666,790 | -€101,855 | -2.7% |
| Equity | 10/15 | €822,796 | €685,545 | -€137,251 | -16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €351,860 | €351,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €452,336 | €315,085 | -€137,251 | -30.3% |
| Amounts payable | 17/49 | €2,945,849 | €2,981,245 | +€35,396 | +1.2% |
| Amounts payable after more than one year | 17 | €1,939,406 | €1,834,178 | -€105,228 | -5.4% |
| Financial debts | 170/4 | €1,939,406 | €1,834,178 | -€105,228 | -5.4% |
| Credit institutions | 173 | €1,939,406 | €1,834,178 | -€105,228 | -5.4% |
| Amounts payable within one year | 42/48 | €991,753 | €1,131,927 | +€140,174 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €89,642 | €354,008 | +€264,367 | +294.9% |
| Trade debts | 44 | €644,166 | €424,076 | -€220,090 | -34.2% |
| Suppliers | 440/4 | €644,166 | €424,076 | -€220,090 | -34.2% |
| Taxes, remuneration and social security | 45 | €190,005 | €212,103 | +€22,097 | +11.6% |
| Taxes | 450/3 | €1,162 | €36,954 | +€35,792 | +3080.0% |
| Remuneration and social security | 454/9 | €188,843 | €175,148 | -€13,695 | -7.3% |
| Other amounts payable | 47/48 | €67,940 | €141,740 | +€73,800 | +108.6% |
| Accrued charges and deferred income | 492/3 | €14,690 | €15,140 | +€450 | +3.1% |
| Operating income | 70/76A | €6,535,616 | €7,133,369 | +€597,753 | +9.1% |
| Turnover | 70 | €6,252,659 | €6,784,243 | +€531,585 | +8.5% |
| Other operating income | 74 | €282,958 | €349,126 | +€66,168 | +23.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €6,525,422 | €7,192,131 | +€666,709 | +10.2% |
| Goods for resale, raw materials and consumables | 60 | €1,598,520 | €1,799,422 | +€200,902 | +12.6% |
| Purchases | 600/8 | €1,600,311 | €1,802,564 | +€202,253 | +12.6% |
| Change in stocks: decrease (increase) | 609 | -€1,791 | -€3,142 | -€1,351 | -75.4% |
| Services and other goods | 61 | €3,270,626 | €3,447,343 | +€176,717 | +5.4% |
| Remuneration, social security and pensions | 62 | €1,367,420 | €1,433,783 | +€66,364 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264,194 | €485,030 | +€220,836 | +83.6% |
| Other operating charges | 640/8 | €24,663 | €22,656 | -€2,007 | -8.1% |
| Non-recurring operating charges | 66A | - | €3,897 | +€3,897 | |
| Operating profit (loss) | 9901 | €10,195 | -€58,761 | -€68,956 | |
| Financial income | 75/76B | €5,876 | €3,887 | -€1,989 | -33.8% |
| Recurring financial income | 75 | €5,876 | €3,887 | -€1,989 | -33.8% |
| Income from current assets | 751 | €5,876 | €3,887 | -€1,989 | -33.8% |
| Other financial income | 752/9 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €28,874 | €81,521 | +€52,647 | +182.3% |
| Recurring financial charges | 65 | €28,874 | €81,521 | +€52,647 | +182.3% |
| Debt charges | 650 | €27,081 | €80,227 | +€53,146 | +196.2% |
| Other financial charges | 652/9 | €1,793 | €1,294 | -€499 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,804 | -€136,395 | -€123,591 | -965.3% |
| Income taxes | 67/77 | €9,499 | €856 | -€8,643 | -91.0% |
| Taxes | 670/3 | €9,499 | €856 | -€8,643 | -91.0% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€22,302 | -€137,251 | -€114,949 | -515.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,302 | -€137,251 | -€114,949 | -515.4% |
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 9 October 2026 via checked.be.