Equity
MEGA Learning paid out €145,882 in dividends. That is 94% of the 2025 profit.
MEGA Learning paid out €145,882 in dividends. That is 94% of the 2025 profit.
Green is investment, beige is depreciation.
In July 2024, 5,053 companies had the same profile as MEGA Learning has now. Each dot stands for 13 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for MEGA Learning. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MEGA Learning Enghien | €346,010 | €208,872 | 24.8% | - |
| JaGi Solutions Herentals | €341,340 | €200,236 | 47.0% | - |
| AXEL COMHAIRE Woluwe-Saint-Lambert | €352,660 | €204,225 | 41.4% | - |
| BONWA Tervuren | €361,534 | €196,894 | 90.7% | - |
| CMPS Corporate Finance Putte | €342,163 | €201,992 | 47.7% | - |
| ZAROVA Woluwe-Saint-Pierre | €366,528 | €189,836 | 56.2% | - |
| FD Consulting & Services Brussels | €343,086 | €233,092 | 50.4% | - |
These companies have the same main activity as MEGA Learning: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €341,000 and €367,000, founded between 2015 and 2016.
MEGA Learning files the abbreviated format. That format states no turnover. The gross margin rose from €6,549 in 2016 to €208,872 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 27% of 10,857 companies in 2025.
Higher than 46% of 10,479 companies in 2025.
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 costs divided by the average number of full-time equivalents.
| 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.
2025 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 |
| 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.
| Item | 31-12-2023 |
|---|---|
| 0.1 | |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2023 annual accounts
| 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)
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.
MEGA Learning has no parent and no holdings in its annual accounts. MEGA Learning shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Stationstraat 2 registered office 7850 Enghien | 07-03-2016 | 2.251.143.732 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 55010C0244/00E000 | 254 m² | 1 · 126 m² | 15.9 m · 5 |
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