MEGA TEAM
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 27-06-2026 at the NBB all 18 filings
Equity
€51,793▼ 4.1%
2024 · €54,003
Total assets
€68,487▲ 0.4%
2024 · €68,223
Net result
-€2,211▲ 4.5%
2024 · -€2,315
Working capital
€51,793▼ 4.1%
2024 · €54,003
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€2,211
▼ 124%
2025
20182025
Net result
-€2,211
▲ 4.5%
2025
middle half of the sector
20182025
Equity
€51,793
▼ 4.1%
2025
middle half of the sector
20182025
Total assets
€68,487
▲ 0.4%
2025
middle half of the sector
20182025
Debt
€16,695
▲ 17.4%
2025
20182025
Working capital
€51,793
▼ 4.1%
2025
middle half of the sector
20182025
Solvency
75.6%
▼ 3.5pp
2025
highest quarter of the sector
20182025
Current ratio
4.10
▼ 0.70
2025
highest quarter of the sector
20182025
Return on assets (ROA)
-3.2%
▲ 0.2pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€19,057--€884-€24,774▼ 2,704%-€989▲ 96.0%-€1,193▼ 20.5%-€1,824▼ 52.9%-€987▲ 45.9%-€2,211▼ 124%
Net result€12,793--€2,541-€26,308below the sector's middle half▼ 935%-€2,319below the sector's middle half▲ 91.2%-€2,661within the sector's middle half▼ 14.8%-€2,411within the sector's middle half▲ 9.4%-€2,315within the sector's middle half▲ 4.0%-€2,211within the sector's middle half▲ 4.5%
Equity€92,557-€90,016▼ 2.7%€63,708within the sector's middle half▼ 29.2%€61,390within the sector's middle half▼ 3.6%€58,728within the sector's middle half▼ 4.3%€56,318within the sector's middle half▼ 4.1%€54,003within the sector's middle half▼ 4.1%€51,793within the sector's middle half▼ 4.1%
Total assets€104,316-€102,760▼ 1.5%€65,812within the sector's middle half▼ 36.0%€68,390within the sector's middle half▲ 3.9%€66,728within the sector's middle half▼ 2.4%€65,818within the sector's middle half▼ 1.4%€68,223within the sector's middle half▲ 3.7%€68,487within the sector's middle half▲ 0.4%
Debt€11,759-€12,744▲ 8.4%€2,104▼ 83.5%€7,000▲ 233%€8,000▲ 14.3%€9,500▲ 18.8%€14,220▲ 49.7%€16,695▲ 17.4%
Working capital€92,507-€89,966▼ 2.7%€63,658within the sector's middle half▼ 29.2%€61,340within the sector's middle half▼ 3.6%€58,678within the sector's middle half▼ 4.3%€56,318within the sector's middle half▼ 4.0%€54,003within the sector's middle half▼ 4.1%€51,793within the sector's middle half▼ 4.1%
Solvency88.7%-87.6%▼ 1.1pp96.8%above the sector's middle half▲ 9.2pp89.8%above the sector's middle half▼ 7.0pp88.0%above the sector's middle half▼ 1.8pp85.6%above the sector's middle half▼ 2.4pp79.2%above the sector's middle half▼ 6.4pp75.6%above the sector's middle half▼ 3.5pp
Current ratio8.87-8.06▼ 0.8131.25above the sector's middle half▲ 23.199.76above the sector's middle half▼ 21.498.33above the sector's middle half▼ 1.436.93above the sector's middle half▼ 1.414.80above the sector's middle half▼ 2.134.10above the sector's middle half▼ 0.70
Return on assets (ROA)12.3%--2.5%▼ 14.7pp-40.0%below the sector's middle half▼ 37.5pp-3.4%below the sector's middle half▲ 36.6pp-4.0%below the sector's middle half▼ 0.6pp-3.7%within the sector's middle half▲ 0.3pp-3.4%within the sector's middle half▲ 0.3pp-3.2%within the sector's middle half▲ 0.2pp
Staff (FTE)0.2-
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €2,211, larger than the loss of €987 in 2024. It is the lowest result since 2020.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €68,487
Equity
€51,793 ▼ 4.1%
Debt
€16,695 ▲ 17.4%
Debt's share of the balance-sheet total rises from 20.8% to 24.4%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.32▲
2024 · 0.26
ROE
-4.3%▲
2024 · -4.3%
Debt ≤ 1 year
€16,695▲
2024 · €14,220
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Gross operating margin9900 | €33,887 | -€693 | -€682 | -€989 | -€1,193 | -€1,824 | -€987 | -€2,211 | ▼ 124% |
| Operating profit (loss)9901 | €19,057 | -€884 | -€24,774 | -€989 | -€1,193 | -€1,824 | -€987 | -€2,211 | ▼ 124% |
| Financial income75/76B | - | - | - | - | - | €651 | - | - | - |
| Recurring financial income75 | €2 | - | - | - | - | €651 | - | - | - |
| Financial charges65/66B | - | - | - | €1,329 | €1,469 | €1,238 | €1,327 | - | - |
| Recurring financial charges65 | €3,400 | €1,657 | €1,534 | €1,329 | €1,469 | €1,238 | €1,327 | - | - |
| Profit (loss) for the period before taxes9903 | €15,874 | -€2,541 | -€26,308 | -€2,319 | -€2,661 | -€2,411 | -€2,315 | -€2,211 | ▲ 4.5% |
| Income taxes67/77 | €3,081 | - | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €12,793 | -€2,541 | -€26,308 | -€2,319 | -€2,661 | -€2,411 | -€2,315 | -€2,211 | ▲ 4.5% |
| Profit (loss) for the period to be appropriated9905 | €12,793 | -€2,541 | -€26,308 | -€2,319 | -€2,661 | -€2,411 | -€2,315 | -€2,211 | ▲ 4.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €104,316 | €102,760 | €65,812 | €68,390 | €66,728 | €65,818 | €68,223 | €68,487 | ▲ 0.4% |
| Fixed assets21/28 | €50 | €50 | €50 | €50 | €50 | - | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | - | - | - | - |
| Current assets29/58 | €104,266 | €102,710 | €65,762 | €68,340 | €66,678 | €65,818 | €68,223 | €68,487 | ▲ 0.4% |
| Stocks and contracts in progress3 | €2,931 | €2,931 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €23,037 | €21,576 | €190 | €584 | €755 | €558 | €752 | €975 | ▲ 29.7% |
| Trade receivables40 | - | - | - | €386 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €199 | €755 | €558 | €752 | €975 | ▲ 29.7% |
| Cash at bank and in hand54/58 | €78,298 | €78,202 | €65,573 | €67,755 | €65,923 | €65,260 | €67,471 | €67,512 | ▲ 0.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €104,316 | €102,760 | €65,812 | €68,390 | €66,728 | €65,818 | €68,223 | €68,487 | ▲ 0.4% |
| Equity10/15 | €92,557 | €90,016 | €63,708 | €61,390 | €58,728 | €56,318 | €54,003 | €51,793 | ▼ 4.1% |
| Contributions10/11 | €10,000 | €10,000 | - | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €80,697 | €78,156 | €51,848 | €49,530 | €46,868 | €44,458 | €42,143 | €39,933 | ▼ 5.2% |
| Amounts payable17/49 | €11,759 | €12,744 | €2,104 | €7,000 | €8,000 | €9,500 | €14,220 | €16,695 | ▲ 17.4% |
| Amounts payable within one year42/48 | €11,759 | €12,744 | €2,104 | €7,000 | €8,000 | €9,500 | €14,220 | €16,695 | ▲ 17.4% |
| Trade debts44 | €3,401 | €173 | €104 | - | - | - | - | €388 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €388 | - |
| Other amounts payable47/48 | - | - | - | €7,000 | €8,000 | €9,500 | €14,220 | €16,307 | ▲ 14.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,793 | -€2,541 | -€26,308 | -€2,319 | -€2,661 | -€2,411 | -€2,315 | -€2,211 | ▲ 4.5% |
| Operating cash flow (approximation) | €12,793 | -€2,541 | -€26,308 | -€2,319 | -€2,661 | -€2,411 | -€2,315 | -€2,211 | ▲ 4.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - | - | - | - |
| Change in cash | - | -€95 | -€12,630 | €2,183 | -€1,832 | -€663 | €2,211 | €41 | ▼ 98.1% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,908 companies had the same profile as MEGA TEAM has now. Two years later, 90.9% were still going and 1.1% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
90.9%
was still going
7.8%
stopped otherwise
1.1%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MEGA TEAM itself is lower: 0.1% within 12 months. It rests on far more data about MEGA TEAM than the profile alone.
Test of the method
The method was tested on the 497,446 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 6,908 companies, not a prediction for MEGA TEAM. 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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-06-2026 | 2026-00207566 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00341604 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00310377 | |
| 31-12-2022 | micro format | 15-07-2023 | 2023-00238538 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20446945 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42300431 | |
| 31-12-2019 | micro format | 19-10-2020 | 2020-62000361 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-60100535 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49500056 | |
| 31-12-2016 | micro format | 28-09-2017 | 2017-64200285 |