MEGIMMO
ActiveSummary
MEGIMMO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €134,810, of which €193,833 non-recurring income. Equity is growing by about 7.6% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (7 days) Filed on 7 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00387672.
Equity
€2.4m▲ 5.8%
2024 · €2.3m
Total assets
€7.8m▼ 5.0%
2024 · €8.2m
Net result
€134,810▼ 51.8%
2024 · €279,704
Working capital
-€3.3m▼ 357%
2024 · -€732,648
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 8% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.09m
2025
Net result€0.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€7.8m
2025
Equity€2.4m
2025
Debt€5.3m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€3.3m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.02m-€0.02m▲ 48.1%€0.02m▼ 15.1%€0.03m▲ 41.8%€0.04m▲ 41.9%€0.1m▲ 146%€0.09m▼ 7.6%
Net result€0.2m--€0.07m€0.001m€0.1m▲ 89×€0.3m▲ 148%€0.3m▲ 7.5%€0.1m▼ 51.8%
Equity€1.7m-€1.7m▼ 3.8%€1.7m▲ 0.1%€1.8m▲ 6.3%€2.0m▲ 14.7%€2.3m▲ 13.8%€2.4m▲ 5.8%
Total assets€6.0m-€5.8m▼ 3.6%€5.6m▼ 3.4%€5.6m▲ 0.8%€7.6m▲ 36.4%€8.2m▲ 7.0%€7.8m▼ 5.0%
Debt€4.2m-€4.1m▼ 3.6%€3.9m▼ 4.8%€3.8m▼ 1.5%€5.6m▲ 46.4%€5.9m▲ 4.5%€5.3m▼ 9.3%
Working capital€0.2m-€0.2m▼ 28.9%-€0.9m-€0.9m▼ 7.5%-€1.0m▼ 6.9%-€0.7m▲ 26.4%-€3.3m▼ 357%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2025 Net result -52% on 2024. The accounts now follow the abbreviated format, last year the micro format.
- 2023 Net result +148% on 2022. This financial year ran 18 months, the previous one 12. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.8m
Fixed assets
€7.6m ▼ 4.5%
Current assets
€184,266 ▼ 22.7%
Equity and liabilities €7.8m
Equity
€2.4m ▲ 5.8%
Debt
€5.3m ▼ 9.3%
Debt's share of the balance-sheet total falls from 71.7% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€119,163▼
2024 · €129,588
Cash flow
€162,466▼
2024 · €310,289
Current ratio
0.05▼
2024 · 0.25
Debt to equity
2.17▼
2024 · 2.53
ROE
5.5%▼
2024 · 12.1%
ROA
1.7%▼
2024 · 3.4%
Interest coverage
0.70▲
2024 · 0.51
Debt ≤ 1 year
€3.5m▲
2024 · €970,890
Debt > 1 year
€1.7m▼
2024 · €4.8m
Income taxes
€3,555
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,874 | €60,874 | €67,629 | €73,150 | €103,865 | €30,586 | €27,656 | ▼ 9.6% |
| Other operating charges640/8 | - | - | - | €25,267 | €55,030 | €30,228 | €31,801 | ▲ 5.2% |
| Gross operating margin9900 | €103,793 | €105,669 | €112,813 | €126,804 | €199,188 | €159,816 | €150,964 | ▼ 5.5% |
| Operating profit (loss)9901 | €15,935 | €23,592 | €20,019 | €28,386 | €40,293 | €99,002 | €91,507 | ▼ 7.6% |
| Financial income75/76B | - | - | - | €152,154 | €546,787 | €455,540 | €225,678 | ▼ 50.5% |
| Recurring financial income75 | €179,489 | €12,047 | €20,022 | €13,596 | €546,787 | €433,354 | €31,845 | ▼ 92.7% |
| Non-recurring financial income76B | - | - | - | €138,557 | - | €22,185 | €193,833 | ▲ 774% |
| Financial charges65/66B | - | - | - | €75,831 | €326,993 | €274,838 | €178,820 | ▼ 34.9% |
| Recurring financial charges65 | €82,614 | €95,451 | €66,751 | €66,796 | €256,081 | €253,810 | €169,632 | ▼ 33.2% |
| Non-recurring financial charges66B | - | - | - | €9,035 | €70,912 | €21,028 | €9,188 | ▼ 56.3% |
| Profit (loss) for the period before taxes9903 | €239,691 | -€65,307 | €1,173 | €104,709 | €260,087 | €279,704 | €138,365 | ▼ 50.5% |
| Income taxes67/77 | - | - | - | - | - | - | €3,555 | - |
| Profit (loss) for the period9904 | €239,691 | -€65,307 | €1,173 | €104,709 | €260,087 | €279,704 | €134,810 | ▼ 51.8% |
| Profit (loss) for the period to be appropriated9905 | €239,691 | -€65,307 | €1,173 | €104,709 | €260,087 | €279,704 | €134,810 | ▼ 51.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €6.0m | €5.8m | €5.6m | €5.6m | €7.6m | €8.2m | €7.8m | ▼ 5.0% |
| Fixed assets21/28 | €5.5m | €5.3m | €5.5m | €5.4m | €7.4m | €7.9m | €7.6m | ▼ 4.5% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 1.2% |
| Land and buildings22 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 1.2% |
| Financial fixed assets28 | €5.1m | €5.0m | €5.1m | €5.1m | €7.2m | €7.7m | €7.4m | ▼ 4.6% |
| Current assets29/58 | €0.5m | €0.4m | €0.09m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 22.7% |
| Amounts receivable within one year40/41 | €0.003m | €0.01m | €0.008m | €0.004m | €0.01m | €0.03m | €0.01m | ▼ 58.2% |
| Trade receivables40 | - | - | - | €100 | €0.003m | €0.002m | €0.002m | ▼ 1.2% |
| Other amounts receivable41 | - | - | - | €0.004m | €0.009m | €0.02m | €0.009m | ▼ 63.9% |
| Current investments50/53 | €0.5m | €0.4m | €0.01m | €0.2m | €0.01m | €0.06m | €0.02m | ▼ 66.4% |
| Cash at bank and in hand54/58 | €0.02m | €0.01m | €0.07m | €0.03m | €0.2m | €0.1m | €0.2m | ▲ 2.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €6.0m | €5.8m | €5.6m | €5.6m | €7.6m | €8.2m | €7.8m | ▼ 5.0% |
| Equity10/15 | €1.7m | €1.7m | €1.7m | €1.8m | €2.0m | €2.3m | €2.4m | ▲ 5.8% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Capital10 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Issued capital100 | - | - | - | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €0.4m | €0.3m | €0.3m | €0.4m | €0.7m | €1.0m | €1.1m | ▲ 14.0% |
| Amounts payable17/49 | €4.2m | €4.1m | €3.9m | €3.8m | €5.6m | €5.9m | €5.3m | ▼ 9.3% |
| Amounts payable after more than one year17 | €4.0m | €3.8m | €2.9m | €2.7m | €4.4m | €4.8m | €1.7m | ▼ 64.7% |
| Financial debts170/4 | - | - | - | €2.7m | €4.4m | €4.8m | €1.7m | ▼ 64.7% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €1.0m | €1.1m | €1.2m | €1.0m | €3.5m | ▲ 264% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 1.5% |
| Trade debts44 | €135 | €240 | €0.001m | €0.001m | €0.01m | €0.001m | €0.004m | ▲ 411% |
| Suppliers440/4 | - | - | - | €0.001m | €0.01m | €0.001m | €0.004m | ▲ 411% |
| Advances received on contracts in progress46 | - | - | - | €0.003m | €0.002m | €0.003m | €0.009m | ▲ 164% |
| Other amounts payable47/48 | - | - | - | €0.9m | €0.9m | €0.7m | €3.2m | ▲ 368% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.04m | €0.06m | €0.07m | ▲ 27.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | -€0.07m | €0.001m | €0.1m | €0.3m | €0.3m | €0.1m | ▼ 51.8% |
| + Depreciation and write-downs630 | €0.06m | €0.06m | €0.07m | €0.07m | €0.1m | €0.03m | €0.03m | ▼ 9.6% |
| Operating cash flow (approximation) | €0.3m | -€0.004m | €0.07m | €0.2m | €0.4m | €0.3m | €0.2m | ▼ 47.6% |
| Investment in fixed assets (approximation) | - | €0.09m | -€0.2m | €0.007m | -€2.2m | -€0.5m | €0.3m | - |
| Change in cash | - | -€0.007m | €0.06m | -€0.04m | €0.1m | -€0.02m | €0.003m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 07-08-2026 | 2026-00387672 |
| 31-12-2024 | micro format | 01-07-2025 | 2025-00226473 |
| 31-12-2023 | abbreviated format | 02-09-2024 | 2024-00439378 |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00330923 |
| 30-06-2022 | micro format | 12-12-2022 | 2022-20536396 |
| 30-06-2021 | micro format | 21-12-2021 | 2021-81400031 |
| 30-06-2020 | micro format | 04-02-2021 | 2021-05000240 |
| 30-06-2019 | micro format | 15-01-2020 | 2020-01700131 |
| 30-06-2018 | full format | 07-01-2019 | 2019-00800078 |
| 30-06-2017 | full format | 24-11-2017 | 2017-70100411 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.