MEGA Learning
Annual accounts 2025
abbreviated format, filed on 13-08-2026, 13 days lateMoney flows
no detail for 2025Balance sheet
balance sheet total €346,010 on 31-12-2025in euro
in euro
Position in the sector
24.8%
Higher than 27% of 10,857 companies in 2025.
1.30
Higher than 46% of 10,479 companies in 2025.
44.7%
Higher than 94% of 10,726 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
346,010 | 291,058 | 245,018 | 162,027 | 122,144 | 154,983 | 229,102 | 170,623 | 172,894 | 135,292 | |
20 |
- | - | - | - | - | - | - | - | 519 | 1,086 | |
21/28 |
7,602 | 3,541 | 3,202 | 5,187 | - | 1,769 | 3,539 | - | - | - | |
21 |
6,110 | 3,541 | 3,202 | 5,187 | 0 | 1,769 | 3,539 | - | - | - | |
22/27 |
1,492 | - | - | - | - | - | - | - | - | - | |
24 |
1,492 | - | - | - | - | - | - | - | - | - | |
29/58 |
338,408 | 287,517 | 241,817 | 156,839 | 122,144 | 153,214 | 225,564 | 170,623 | 172,375 | 134,206 | |
40/41 |
104,569 | 114,184 | 146,585 | 126,306 | 97,341 | 50,203 | 86,838 | 86,792 | 73,551 | 35,475 | |
40 |
95,872 | 101,948 | 146,585 | 118,785 | 96,167 | 48,943 | 40,972 | 68,125 | 73,551 | 35,475 | |
41 |
8,698 | 12,236 | - | 7,522 | 1,175 | 1,260 | 45,866 | 18,667 | - | - | |
50/53 |
230,000 | 150,000 | 85,000 | - | 10,000 | 50,000 | 110,001 | 60,000 | 70,000 | 40,000 | |
54/58 |
3,839 | 20,849 | 10,232 | 29,595 | 14,802 | 51,678 | 27,480 | 23,831 | 28,824 | 58,731 | |
490/1 |
- | 2,485 | - | 938 | - | 1,333 | 1,245 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
346,010 | 291,058 | 245,018 | 162,027 | 122,144 | 154,983 | 229,102 | 170,623 | 172,894 | 135,292 | |
10/15 |
85,819 | 77,115 | 74,127 | 78,277 | 77,623 | 77,533 | 117,005 | 73,647 | 69,905 | 65,386 | |
10/11 |
61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | |
10 |
61,550 | 61,550 | 61,550 | 61,550 | 61,550 | - | - | - | - | - | |
100 |
61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | 61,550 | |
13 |
6,155 | 6,155 | 6,155 | 6,155 | 6,155 | 3,520 | 3,520 | 787 | 600 | 192 | |
130/1 |
6,155 | 6,155 | 6,155 | 6,155 | 6,155 | 3,520 | - | - | - | - | |
130 |
6,155 | 6,155 | 6,155 | 6,155 | 6,155 | 3,520 | 3,520 | 787 | 600 | 192 | |
14 |
18,114 | 9,410 | 6,422 | 10,572 | 9,918 | 12,462 | 51,934 | 11,310 | 7,755 | 3,644 | |
17/49 |
260,191 | 213,944 | 170,891 | 83,750 | 44,521 | 77,450 | 112,098 | 96,976 | 102,989 | 69,906 | |
42/48 |
260,191 | 213,944 | 170,891 | 83,750 | 38,521 | 77,450 | 106,098 | 96,976 | 102,989 | 66,906 | |
44 |
70,752 | 71,954 | 53,546 | 25,348 | 33,734 | 68,189 | 72,871 | 87,504 | 96,756 | 59,801 | |
440/4 |
70,752 | 71,954 | 53,546 | 25,348 | 33,734 | 68,189 | 72,871 | 87,504 | 96,756 | 59,801 | |
45 |
36,765 | 34,557 | 36,355 | 14,172 | 3,540 | 7,907 | 30,941 | 8,278 | 5,713 | 6,583 | |
450/3 |
36,765 | 34,557 | 36,355 | 14,172 | 540 | 4,907 | 25,642 | 3,993 | 5,713 | 6,583 | |
454/9 |
- | - | - | - | 3,000 | 3,000 | 5,299 | 4,285 | - | - | |
47/48 |
152,674 | 107,433 | 80,990 | 44,230 | 1,247 | 1,354 | 2,285 | 1,193 | 521 | 521 | |
492/3 |
- | - | - | - | 6,000 | - | 6,000 | - | - | 3,000 | |
| Income statement | |||||||||||
70 |
- | - | - | - | 284,990 | - | 446,671 | 286,418 | - | - | |
9900 |
208,872 | 175,210 | 118,328 | 64,451 | 7,761 | 20,835 | 108,778 | 35,325 | 7,811 | 6,549 | |
60/61 |
- | - | - | - | 281,200 | 301,841 | 348,954 | 251,093 | - | - | |
62 |
- | - | 5,663 | - | - | 12,617 | 47,093 | 28,142 | - | - | |
630 |
2,392 | 2,661 | 1,986 | 770 | 1,769 | 1,769 | 1,769 | 519 | 567 | 664 | |
631/4 |
- | 2,548 | - | - | - | - | - | - | - | - | |
640/8 |
625 | 6,311 | 605 | 668 | 2,872 | 3,585 | 755 | 171 | 549 | 447 | |
9901 |
205,855 | 163,691 | 110,074 | 63,013 | 3,119 | 2,864 | 59,161 | 6,493 | 6,695 | 5,438 | |
75/76B |
603 | 271 | 309 | 453 | 349 | 48 | 104 | 14 | 18 | 90 | |
75 |
603 | 271 | 309 | 453 | 349 | 48 | 104 | 14 | 18 | 90 | |
65/66B |
4,163 | 3,758 | 1,552 | 381 | 885 | 2,262 | 4,144 | 900 | 32 | 159 | |
65 |
4,163 | 3,758 | 1,552 | 381 | 885 | 2,262 | 4,144 | 900 | 32 | 159 | |
9903 |
202,296 | 160,204 | 108,831 | 63,086 | 2,582 | 650 | 55,121 | 5,606 | 6,681 | 5,370 | |
67/77 |
47,709 | 37,217 | 22,981 | 12,432 | 2,493 | 122 | 11,763 | 1,864 | 2,162 | 1,534 | |
9904 |
154,587 | 122,987 | 85,850 | 50,654 | 90 | 528 | 43,358 | 3,743 | 4,519 | 3,836 | |
9905 |
154,587 | 122,987 | 85,850 | 50,654 | 90 | 528 | 43,358 | 3,743 | 4,519 | 3,836 | |
| Appropriation of the result | |||||||||||
9906 |
163,996 | 129,410 | 96,422 | 60,572 | 12,552 | 12,462 | 54,668 | 11,497 | 8,163 | 3,836 | |
14P |
9,410 | 6,422 | 10,572 | 9,918 | 12,462 | - | - | - | - | - | |
691/2 |
- | - | - | - | 2,635 | - | 2,733 | 187 | 408 | 192 | |
6920 |
- | - | - | - | 2,635 | - | 2,733 | 187 | 408 | 192 | |
694/7 |
145,882 | 120,000 | 90,000 | 50,000 | - | - | - | - | - | - | |
694 |
145,882 | 120,000 | 90,000 | 50,000 | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||
9087 |
- | - | 0.1 | - | - | 0.1 | 1 | 0.8 | - | - | |
Hours worked1013 |
- | - | 131 | - | - | 296 | 1,781 | 1,201 | - | - | |
| Document | |||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 13 days after the deadline. Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00399388.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-08-2026 | 2026-00399388 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00221446 | |
| 31-12-2023 | micro format | 17-06-2024 | 2024-00143088 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00161870 | |
| 31-12-2021 | micro format | 08-06-2022 | 2022-20065729 | |
| 31-12-2020 | micro format | 01-09-2021 | 2021-63700409 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-47900102 | |
| 31-12-2018 | micro format | 04-10-2019 | 2019-68700158 | |
| 31-12-2017 | micro format | 30-07-2018 | 2018-39900062 | |
| 31-12-2016 | full format | 10-10-2017 | 2017-67100135 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 208,247 | 166,351 | 112,060 | 63,783 | 4,888 | 4,633 | 60,930 | 7,012 | 7,262 | 6,102 | ||
| 156,979 | 125,648 | 87,836 | 51,424 | 1,859 | 2,297 | 45,127 | 4,262 | 5,085 | 4,500 | ||
| 6,452 | 3,000 | 0 | 5,957 | -0 | 0 | 5,308 | 0 | 0 | - | ||
| -17,010 | 10,617 | -19,364 | 14,793 | -36,876 | 24,199 | 3,649 | -4,993 | -29,908 | - | ||
| 78,217 | 73,574 | 70,926 | 73,090 | 83,623 | 75,764 | 119,466 | 73,647 | 69,385 | 67,300 | ||
| - | - | - | - | 1.1% | - | 13.2% | 2.3% | - | - | ||
| 24.8% | 26.5% | 30.3% | 48.3% | 63.6% | 50.0% | 51.1% | 43.2% | 40.4% | 48.3% | ||
| 1.30 | 1.34 | 1.42 | 1.87 | 3.17 | 1.98 | 2.13 | 1.76 | 1.67 | 2.01 | ||
| 3.03 | 2.77 | 2.31 | 1.07 | 0.57 | 1.00 | 0.96 | 1.32 | 1.47 | 1.07 | ||
| 180.1% | 159.5% | 115.8% | 64.7% | 0.1% | 0.7% | 37.1% | 5.1% | 6.5% | 5.9% | ||
| 44.7% | 42.3% | 35.0% | 31.3% | 0.1% | 0.3% | 18.9% | 2.2% | 2.6% | 2.8% | ||
| 50.02 | 44.26 | 72.19 | over 100 | 5.52 | - | - | - | - | - | ||
| - | - | - | - | 123 days | - | 33 days | 87 days | - | - | ||
| - | - | - | - | 44 days | 82 days | 76 days | 127 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 |
|---|---|
| 0.1 | |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2023 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,541 | - | - | - | - |
| Intangible fixed assets | €4,911 | €3,000 | - | €5,957 | - |
| €2,392 | €2,661 | €1,986 | €770 | €1,769 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MEGA Learning
The operating result for 2025 is 26% higher than in 2024 and the highest since 2016. It is the fifth rise in a row, after the fall in 2020.
Debt's share of the balance-sheet total rises from 73.5% to 75.2%. Equity and debt are higher.