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MEGA

Active
Public limited companyfounded 199233 yrs activeKattendijkdok-Westkaai 82, 2000 Antwerpen, BelgiumKBO/BCE: BE 0448.699.234
Summary

MEGA has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.1m and a net result of €18,478. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2026
Axes · tick = 2025
Profitability70▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 8.86 against 10.02 in 2025; short-term debt: 1.6% and cash: 14.1% of total assets), and 1.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
98.4%
Return on assets
0.9%
Age of the figures
6 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 13-08-2026, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
79 d early
2025
32 d early
2024
31 d early
2023
32 d early
2022
31 d early
2021
27 d early
2020
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 37 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MEGA was incorporated on 17 November 1992.1 Total assets went from EUR 2.3 million in 2019 to EUR 2.1 million in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2026

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Financials · fiscal year 2026, abbreviated schema

Equity
€2.1m▼ 0.3%
2025 · €2.1m
Total assets
€2.1m=
2025 · €2.1m
Net result
€18,478▲ 935%
2025 · €1,786
Working capital
€263,835▲ 2.3%
2025 · €257,907
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result-€456€6,195€3,878▼ 37.4%€2,777▼ 28.4%€23,847▲ 759%
Net result-€491€5,317€2,497▼ 53.0%€1,786▼ 28.5%€18,478▲ 935%
Equity€2.1m▼ 1.1%€2.1m▼ 1.0%€2.1m▼ 1.0%€2.1m▼ 1.1%€2.1m▼ 0.3%
Total assets€2.2m▼ 1.2%€2.2m▼ 0.8%€2.1m▼ 1.0%€2.1m▼ 0.9%€2.1m=
Debt€22,000▼ 8.8%€25,807▲ 17.3%€25,977▲ 0.7%€28,601▲ 10.1%€33,550▲ 17.3%
Working capital€277,833▼ 31.5%€284,823▲ 2.5%€279,828▼ 1.8%€257,907▼ 7.8%€263,835▲ 2.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2022: -€456-€456Net result 2022: -€491-€491Operating result 2023: €6,195€6,195Net result 2023: €5,317€5,317Operating result 2024: €3,878€3,878Net result 2024: €2,497€2,497Operating result 2025: €2,777€2,777Net result 2025: €1,786€1,786Operating result 2026: €23,847€23,847Net result 2026: €18,478€18,47820222023202420252026€0€10,000€20,000Operating result 2024: €3,878€3,880Net result 2024: €2,497€2,500Operating result 2025: €2,777€2,780Net result 2025: €1,786€1,790Operating result 2026: €23,847€23,800Net result 2026: €18,478€18,500202420252026
The operating result recovers in 2026; 2026 is 759% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.1m
Fixed assets €1.8m ▼ 0.6%
Current assets €297,385 ▲ 3.8%
Equity and liabilities €2.1m
Equity €2.1m ▼ 0.3%
Debt €33,550 ▲ 17.3%
Debt's share of the balance-sheet total rises from 1.4% to 1.6%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€35,297▲
2025 · €3,070
Cash flow
€29,928▲
2025 · €2,079
Current ratio
8.86▼
2025 · 10.02
Debt to equity
0.02▲
2025 · 0.01
ROE
0.9%▲
2025 · 0.1%
ROA
0.9%▲
2025 · 0.1%
Interest coverage
104.74▲
2025 · 9.53
Debt ≤ 1 year
€33,550▲
2025 · €28,601
Income taxes
€5,032▲
2025 · €669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 38 lines
Balance sheet Code20252026
Assets
Total assets20/58€2.1m€2.1m=
Fixed assets21/28€1.8m€1.8m▼
Tangible fixed assets22/27€1.8m€1.8m▼
Land and buildings22€1.8m€1.8m▼
Financial fixed assets28€11,653€11,653=
Current assets29/58€286,508€297,385▲
Cash at bank and in hand54/58€286,508€297,385▲
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.1m=
Equity10/15€2.1m€2.1m▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€2.0m€2.0m▼
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Tax-exempt reserves132€18,750€18,750=
Distributable reserves133€2.0m€2.0m▼
Amounts payable17/49€28,601€33,550▲
Amounts payable within one year42/48€28,601€33,550▲
Trade debts44€112€698▲
Suppliers440/4€112€698▲
Taxes, remuneration and social security45€669€5,032▲
Taxes450/3€669€5,032▲
Other amounts payable47/48€27,820€27,820=
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€293€11,450▲
Other operating charges640/8€2,990€3,081▲
Gross operating margin9900€6,060€38,378▲
Operating profit (loss)9901€2,777€23,847▲
Financial charges65/66B€322€337▲
Recurring financial charges65€322€337▲
Profit (loss) for the period before taxes9903€2,455€23,510▲
Income taxes67/77€669€5,032▲
Profit (loss) for the period9904€1,786€18,478▲
Profit (loss) for the period to be appropriated9905€1,786€18,478▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,786€18,478▲
Transfer from equity791/2€22,214€5,522▼
Profit to be distributed694/7€24,000€24,000=
Return on contributions (dividend)694€24,000€24,000=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,051€16,208€16,208€293€11,450▲ 3,808%
Other operating charges640/8€3,179€6,858€9,455€2,990€3,081▲ 3.0%
Gross operating margin9900€7,774€29,261€29,541€6,060€38,378▲ 533%
Operating profit (loss)9901-€456€6,195€3,878€2,777€23,847▲ 759%
Financial income75/76B€334€442----
Recurring financial income75€334€442----
Financial charges65/66B€369€353€379€322€337▲ 4.7%
Recurring financial charges65€369€353€379€322€337▲ 4.7%
Profit (loss) for the period before taxes9903-€491€6,284€3,499€2,455€23,510▲ 858%
Income taxes67/77-€967€1,002€669€5,032▲ 652%
Profit (loss) for the period9904-€491€5,317€2,497€1,786€18,478▲ 935%
Profit (loss) for the period to be appropriated9905-€491€5,317€2,497€1,786€18,478▲ 935%
Line20222023202420252026Change
Assets
Total assets20/58€2.2m€2.2m€2.1m€2.1m€2.1m=
Fixed assets21/28€1.9m€1.8m€1.8m€1.8m€1.8m▼ 0.6%
Tangible fixed assets22/27€1.8m€1.8m€1.8m€1.8m€1.8m▼ 0.6%
Land and buildings22€1.8m€1.8m€1.8m€1.8m€1.8m▼ 0.6%
Financial fixed assets28€23,418€11,953€11,653€11,653€11,653=
Current assets29/58€299,833€310,630€305,805€286,508€297,385▲ 3.8%
Cash at bank and in hand54/58€299,833€310,630€305,805€286,508€297,385▲ 3.8%
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.2m€2.1m€2.1m€2.1m=
Equity10/15€2.1m€2.1m€2.1m€2.1m€2.1m▼ 0.3%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€2.1m€2.1m€2.0m€2.0m€2.0m▼ 0.3%
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Tax-exempt reserves132€18,750€18,750€18,750€18,750€18,750=
Distributable reserves133€2.1m€2.0m€2.0m€2.0m€2.0m▼ 0.3%
Amounts payable17/49€22,000€25,807€25,977€28,601€33,550▲ 17.3%
Amounts payable within one year42/48€22,000€25,807€25,977€28,601€33,550▲ 17.3%
Trade debts44---€112€698▲ 523%
Suppliers440/4---€112€698▲ 523%
Taxes, remuneration and social security45-€967€937€669€5,032▲ 652%
Taxes450/3-€967€937€669€5,032▲ 652%
Other amounts payable47/48€22,000€24,840€25,040€27,820€27,820=
Line20222023202420252026Change
Profit (loss) for the period9904-€491€5,317€2,497€1,786€18,478▲ 935%
+ Depreciation and write-downs630€5,051€16,208€16,208€293€11,450▲ 3,808%
Operating cash flow (approximation)€4,560€21,525€18,705€2,079€29,928▲ 1,340%
Investment in fixed assets (approximation)-€11,465€300€0€0-
Change in cash-€10,797-€4,825-€19,297€10,877▲ 156%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2027, expected by 31-10-2027
2026
13-08
NBB filing Annual accounts filed
fiscal year 2026 · abbreviated schema
31-03
Financial Highest result since 2019net €18,478 ▲935%
Operating result €23,847, net result €18,478, both a record.
2025
29-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
29-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Back to profitnet €5,317
Net result €5,317 after one loss-making year.
2022
30-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
04-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Back to profitnet €3,046
Net result €3,046 after 2 loss-making years.
2020
07-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Weakest financial yearnet -€9,756
Net result drops to -€9,756, the lowest in the series; recovery starts the following year.
2019
23-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
03-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1992
seat establishment approximate The establishment unit on the map
Ground area
1.5 ha
Building footprint
584 m²
Volume, LiDAR
5 m³
Parcel 11807G0129/05_000, Flanders · tallest building 0.4 m. Linked by address, not a title deed.
1 establishment unit
Kattendijkdok-Westkaai 82, 2000 Antwerpen
Real estate activities
since 19922.059.751.349
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11807G0129/05_000 Flanders 1.5 ha 1 · 584 m² 0.4 m
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Raelto 100%
  2. MEGA

Highest known parent: Raelto. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

875500QDI05Z5H8P4Y38
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded17-11-1992
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.