VAN MELCKEBEKE: 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.
VAN MELCKEBEKE
Largest movements
- Cash +€41,711
up €41,711 (+19.6%), from €212,984 to €254,695
mainly Net result for the year (+€130,503) and Depreciation (+€73,350)
- Tangible fixed assets -€19,155
down €19,155 (-4.9%), from €392,024 to €372,869
of which Plant, machinery and equipment: -€23,775
- Reserves +€45,000
up €45,000 (+37.5%), from €119,860 to €164,860
- Tax, wage and social debts -€29,404
down €29,404 (-50.7%), from €57,977 to €28,572
of which Remuneration and social security: -€20,822
- Other debts +€27,835
up €27,835 (+45.7%), from €60,907 to €88,742
- Debts after one year -€16,652
down €16,652 (-7.0%), from €238,193 to €221,541
- Current portion of long-term debt -€10,096
down €10,096 (-16.7%), from €60,317 to €50,221
- Gross operating margin +€48,293
up €48,293 (+17.2%), from €281,421 to €329,714
- Staff costs +€15,377
up €15,377 (+21.3%), from €72,178 to €87,555
- Taxes +€3,855
up €3,855 (+17.8%), from €21,621 to €25,476
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 | €607,839 | €630,490 | +€22,650 | +3.7% |
| Fixed assets | 21/28 | €392,074 | €372,869 | -€19,205 | -4.9% |
| Tangible fixed assets | 22/27 | €392,024 | €372,869 | -€19,155 | -4.9% |
| Land and buildings | 22 | €188,882 | €176,696 | -€12,186 | -6.5% |
| Plant, machinery and equipment | 23 | €99,079 | €75,305 | -€23,775 | -24.0% |
| Furniture and vehicles | 24 | €47,872 | €81,056 | +€33,184 | +69.3% |
| Other tangible fixed assets | 26 | €56,191 | €39,813 | -€16,378 | -29.1% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €215,765 | €257,620 | +€41,855 | +19.4% |
| Cash at bank and in hand | 54/58 | €212,984 | €254,695 | +€41,711 | +19.6% |
| Deferred charges and accrued income | 490/1 | €2,781 | €2,925 | +€144 | +5.2% |
| Total equity and liabilities | 10/49 | €607,839 | €630,490 | +€22,650 | +3.7% |
| Equity | 10/15 | €187,509 | €240,013 | +€52,503 | +28.0% |
| Reserves | 13 | €119,860 | €164,860 | +€45,000 | +37.5% |
| Distributable reserves | 133 | €119,860 | €164,860 | +€45,000 | +37.5% |
| Profit (loss) carried forward | 14 | €67,649 | €75,153 | +€7,503 | +11.1% |
| Amounts payable | 17/49 | €420,330 | €390,477 | -€29,853 | -7.1% |
| Amounts payable after more than one year | 17 | €238,193 | €221,541 | -€16,652 | -7.0% |
| Financial debts | 170/4 | €238,193 | €221,541 | -€16,652 | -7.0% |
| Amounts payable within one year | 42/48 | €182,137 | €168,936 | -€13,201 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €60,317 | €50,221 | -€10,096 | -16.7% |
| Trade debts | 44 | €2,936 | €1,400 | -€1,536 | -52.3% |
| Suppliers | 440/4 | €2,936 | €1,400 | -€1,536 | -52.3% |
| Taxes, remuneration and social security | 45 | €57,977 | €28,572 | -€29,404 | -50.7% |
| Taxes | 450/3 | €16,558 | €7,976 | -€8,582 | -51.8% |
| Remuneration and social security | 454/9 | €41,418 | €20,597 | -€20,822 | -50.3% |
| Other amounts payable | 47/48 | €60,907 | €88,742 | +€27,835 | +45.7% |
| Remuneration, social security and pensions | 62 | €72,178 | €87,555 | +€15,377 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,120 | €73,350 | -€770 | -1.0% |
| Other operating charges | 640/8 | €4,000 | €4,547 | +€547 | +13.7% |
| Gross operating margin | 9900 | €281,421 | €329,714 | +€48,293 | +17.2% |
| Operating profit (loss) | 9901 | €131,122 | €164,262 | +€33,139 | +25.3% |
| Financial income | 75/76B | €2,775 | - | -€2,775 | |
| Recurring financial income | 75 | €2,775 | - | -€2,775 | |
| Financial charges | 65/66B | €8,527 | €8,282 | -€245 | -2.9% |
| Recurring financial charges | 65 | €8,527 | €8,282 | -€245 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €125,370 | €155,979 | +€30,609 | +24.4% |
| Income taxes | 67/77 | €21,621 | €25,476 | +€3,855 | +17.8% |
| Profit (loss) for the period | 9904 | €103,750 | €130,503 | +€26,754 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,750 | €130,503 | +€26,754 | +25.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.