MEGA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
MEGA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€26,562
2024 · €22,234+€4,328
Equity
€1.9m
2024 · €1.9m+€26,562
Cash
€26,873
2024 · €2,053+€24,820
Balance sheet total
€2.7m
2024 · €2.7m+€27,407
Largest movements
Assets
- Receivables within one year +€83,507
up €83,507 (+62.4%), from €133,823 to €217,329
of which Other amounts receivable: +€47,507
- Deferred charges and accrued income -€47,250
down €47,250 (-60.4%), from €78,290 to €31,040
- Tangible fixed assets -€33,670
down €33,670 (-4.6%), from €729,399 to €695,729
Equity and liabilities
- Debts after one year -€49,729
down €49,729 (-15.6%), from €319,432 to €269,702
- Other debts +€38,349
up €38,349 (+9.2%), from €417,580 to €455,930
Income statement
- Financial charges -€3,299
down €3,299 (-21.2%), from €15,585 to €12,286
- Gross operating margin +€1,142
up €1,142 (+3.5%), from €32,765 to €33,907
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€22,234
Gross operating margin
+€1,142
Staff costs
-€4
Other operating charges
-€109
Financial charges
+€3,299
Result 2025
€26,562
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€72,765
Investment
€0
Financing
-€47,945
Cash 2024
€2,053
From operations (derived)
+€72,765
Net result for the year
+€26,562
Depreciation
+€33,670
Receivables within one year
-€83,507
Deferred charges and accrued income
+€47,250
Tax, wage and social debts
+€5,717
Other debts
+€38,349
Accrued charges and deferred income
+€4,723
Financing
-€47,945
Debts after one year
-€49,729
Current portion of long-term debt
+€1,785
Cash 2025
€26,873
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,695,292 | €2,722,699 | +€27,407 | +1.0% |
| Fixed assets | 21/28 | €729,399 | €695,729 | -€33,670 | -4.6% |
| Tangible fixed assets | 22/27 | €729,399 | €695,729 | -€33,670 | -4.6% |
| Land and buildings | 22 | €729,399 | €695,729 | -€33,670 | -4.6% |
| Current assets | 29/58 | €1,965,893 | €2,026,970 | +€61,077 | +3.1% |
| Amounts receivable after more than one year | 29 | €1,751,727 | €1,751,727 | = | 0.0% |
| Other amounts receivable | 291 | €1,751,727 | €1,751,727 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €133,823 | €217,329 | +€83,507 | +62.4% |
| Trade receivables | 40 | - | €36,000 | +€36,000 | |
| Other amounts receivable | 41 | €133,823 | €181,329 | +€47,507 | +35.5% |
| Cash at bank and in hand | 54/58 | €2,053 | €26,873 | +€24,820 | +1,209% |
| Deferred charges and accrued income | 490/1 | €78,290 | €31,040 | -€47,250 | -60.4% |
| Total equity and liabilities | 10/49 | €2,695,292 | €2,722,699 | +€27,407 | +1.0% |
| Equity | 10/15 | €1,910,335 | €1,936,898 | +€26,562 | +1.4% |
| Contributions | 10/11 | €518,592 | €518,592 | = | 0.0% |
| Contributions outside capital | 11 | €518,592 | €518,592 | = | 0.0% |
| Other | 1109/19 | €518,592 | €518,592 | = | 0.0% |
| Reserves | 13 | €42,425 | €42,425 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,954 | €1,954 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,954 | €1,954 | = | 0.0% |
| Distributable reserves | 133 | €40,471 | €40,471 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,349,318 | €1,375,881 | +€26,562 | +2.0% |
| Amounts payable | 17/49 | €784,956 | €785,801 | +€845 | +0.1% |
| Amounts payable after more than one year | 17 | €319,432 | €269,702 | -€49,729 | -15.6% |
| Financial debts | 170/4 | €319,432 | €269,702 | -€49,729 | -15.6% |
| Amounts payable within one year | 42/48 | €465,525 | €511,376 | +€45,851 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €47,945 | €49,729 | +€1,785 | +3.7% |
| Taxes, remuneration and social security | 45 | - | €5,717 | +€5,717 | |
| Remuneration and social security | 454/9 | - | €5,717 | +€5,717 | |
| Other amounts payable | 47/48 | €417,580 | €455,930 | +€38,349 | +9.2% |
| Accrued charges and deferred income | 492/3 | - | €4,723 | +€4,723 | |
| Remuneration, social security and pensions | 62 | €226 | €229 | +€4 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,670 | €33,670 | = | 0.0% |
| Other operating charges | 640/8 | €4,844 | €4,953 | +€109 | +2.3% |
| Gross operating margin | 9900 | €32,765 | €33,907 | +€1,142 | +3.5% |
| Operating profit (loss) | 9901 | -€5,974 | -€4,945 | +€1,029 | +17.2% |
| Financial income | 75/76B | €43,793 | €43,793 | = | 0.0% |
| Recurring financial income | 75 | €43,793 | €43,793 | = | 0.0% |
| Financial charges | 65/66B | €15,585 | €12,286 | -€3,299 | -21.2% |
| Recurring financial charges | 65 | €15,585 | €12,286 | -€3,299 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €22,234 | €26,562 | +€4,328 | +19.5% |
| Profit (loss) for the period | 9904 | €22,234 | €26,562 | +€4,328 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,234 | €26,562 | +€4,328 | +19.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.