Megon
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 23-02-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 116% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €56,597 | €47,822 |
| Depreciation and write-downs of the year | €7,751 | €17,029 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,751 | €17,029 | ▲ 120% |
| Other operating charges640/8 | €371 | €354 | ▼ 4.6% |
| Gross operating margin9900 | €44,220 | €95,186 | ▲ 115% |
| Operating profit (loss)9901 | €36,098 | €77,803 | ▲ 116% |
| Financial charges65/66B | €1,376 | €2,256 | ▲ 63.9% |
| Recurring financial charges65 | €1,376 | €2,256 | ▲ 63.9% |
| Profit (loss) for the period before taxes9903 | €34,722 | €75,547 | ▲ 118% |
| Income taxes67/77 | €7,845 | €16,086 | ▲ 105% |
| Profit (loss) for the period9904 | €26,877 | €59,461 | ▲ 121% |
| Profit (loss) for the period to be appropriated9905 | €26,877 | €59,461 | ▲ 121% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €84,820 | €184,431 | ▲ 117% |
| Fixed assets21/28 | €48,845 | €79,638 | ▲ 63.0% |
| Tangible fixed assets22/27 | €48,845 | €79,638 | ▲ 63.0% |
| Plant, machinery and equipment23 | €3,976 | €3,579 | ▼ 10.0% |
| Furniture and vehicles24 | €44,870 | €76,059 | ▲ 69.5% |
| Current assets29/58 | €35,975 | €104,794 | ▲ 191% |
| Amounts receivable within one year40/41 | - | €25,870 | - |
| Trade receivables40 | - | €25,802 | - |
| Other amounts receivable41 | - | €67 | - |
| Cash at bank and in hand54/58 | €35,975 | €78,924 | ▲ 119% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €84,820 | €184,431 | ▲ 117% |
| Equity10/15 | €31,877 | €91,338 | ▲ 187% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €26,877 | €86,338 | ▲ 221% |
| Distributable reserves133 | €26,877 | €86,338 | ▲ 221% |
| Amounts payable17/49 | €52,943 | €93,094 | ▲ 75.8% |
| Amounts payable after more than one year17 | €34,522 | €55,012 | ▲ 59.4% |
| Financial debts170/4 | €34,522 | €55,012 | ▲ 59.4% |
| Amounts payable within one year42/48 | €18,422 | €38,082 | ▲ 107% |
| Current portion of amounts payable after more than one year42 | €9,586 | €21,094 | ▲ 120% |
| Taxes, remuneration and social security45 | €7,845 | €16,086 | ▲ 105% |
| Taxes450/3 | €7,845 | €16,086 | ▲ 105% |
| Other amounts payable47/48 | €990 | €902 | ▼ 9.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €26,877 | €59,461 | ▲ 121% |
| + Depreciation and write-downs630 | €7,751 | €17,029 | ▲ 120% |
| Operating cash flow (approximation) | €34,628 | €76,491 | ▲ 121% |
| Investment in fixed assets (approximation) | - | -€47,822 | - |
| Change in cash | - | €42,950 | - |
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, 39,278 companies had the same profile as Megon has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of Megon itself: 0.5% within 12 months.
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 39,278 companies, not a prediction for Megon. 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.