MELVENN: 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.
MELVENN
Largest movements
- Tangible fixed assets +€3,221
new in 2025: €3,221
- Cash -€2,769
down €2,769 (-85.8%), from €3,228 to €458
mainly Investment in fixed assets (net) (-€5,237) and Other debts (-€1,467)
- Receivables within one year -€963
no longer reported in 2025 (was €963)
- Deferred charges and accrued income -€710
down €710 (-41.3%), from €1,720 to €1,010
- Other debts -€1,467
down €1,467 (-5.7%), from €25,544 to €24,077
- Profit (loss) carried forward +€1,193
up €1,193 (+2.8%), from -€42,564 to -€41,371
- Trade debts -€1,114
down €1,114 (-40.0%), from €2,782 to €1,668
- Tax, wage and social debts +€141
up €141 (+101.0%), from €140 to €280
- Depreciation +€2,016
new in 2025: €2,016
- Gross operating margin -€540
down €540 (-11.6%), from €4,651 to €4,110
- Financial charges +€222
up €222 (+160.4%), from €139 to €361
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 | €6,396 | €5,149 | -€1,247 | -19.5% |
| Fixed assets | 21/28 | - | €3,221 | +€3,221 | |
| Tangible fixed assets | 22/27 | - | €3,221 | +€3,221 | |
| Furniture and vehicles | 24 | - | €3,221 | +€3,221 | |
| Current assets | 29/58 | €6,396 | €1,928 | -€4,469 | -69.9% |
| Stocks and contracts in progress | 3 | €486 | €459 | -€26 | -5.4% |
| Stocks | 30/36 | €486 | €459 | -€26 | -5.4% |
| Amounts receivable within one year | 40/41 | €963 | - | -€963 | |
| Trade receivables | 40 | €963 | - | -€963 | |
| Cash at bank and in hand | 54/58 | €3,228 | €458 | -€2,769 | -85.8% |
| Deferred charges and accrued income | 490/1 | €1,720 | €1,010 | -€710 | -41.3% |
| Total equity and liabilities | 10/49 | €6,396 | €5,149 | -€1,247 | -19.5% |
| Equity | 10/15 | -€22,069 | -€20,876 | +€1,193 | +5.4% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Outside capital | 11 | €19,000 | €19,000 | = | 0.0% |
| Other | 1109/19 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,495 | €1,495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,495 | €1,495 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,495 | €1,495 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,564 | -€41,371 | +€1,193 | +2.8% |
| Amounts payable | 17/49 | €28,466 | €26,025 | -€2,440 | -8.6% |
| Amounts payable within one year | 42/48 | €28,466 | €26,025 | -€2,440 | -8.6% |
| Trade debts | 44 | €2,782 | €1,668 | -€1,114 | -40.0% |
| Suppliers | 440/4 | €2,782 | €1,668 | -€1,114 | -40.0% |
| Taxes, remuneration and social security | 45 | €140 | €280 | +€141 | +101.0% |
| Taxes | 450/3 | €140 | €280 | +€141 | +101.0% |
| Other amounts payable | 47/48 | €25,544 | €24,077 | -€1,467 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,016 | +€2,016 | |
| Other operating charges | 640/8 | €400 | €400 | +€0 | 0.0% |
| Gross operating margin | 9900 | €4,651 | €4,110 | -€540 | -11.6% |
| Operating profit (loss) | 9901 | €4,251 | €1,695 | -€2,557 | -60.1% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €139 | €361 | +€222 | +160.4% |
| Recurring financial charges | 65 | €139 | €361 | +€222 | +160.4% |
| Profit (loss) for the period before taxes | 9903 | €4,118 | €1,334 | -€2,784 | -67.6% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €3,978 | €1,193 | -€2,785 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,978 | €1,193 | -€2,785 | -70.0% |
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 3 October 2026 via checked.be.