MEGA 8: what changed
Two fiscal 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.
MEGA 8
Largest movements
- Cash -€10,495
down €10,495 (-25.6%), from €41,054 to €30,559
mainly Contributions, distributions and other (-€12,862) and Other debts (-€9,688)
- Tangible fixed assets -€1,554
down €1,554 (-24.3%), from €6,396 to €4,842
of which Plant, machinery and equipment: -€2,878
- Other debts -€9,688
no longer reported in 2025 (was €9,688)
- Gross operating margin -€3,996
down €3,996 (-17.1%), from €23,390 to €19,394
- Financial charges -€737
down €737 (-15.8%), from €4,661 to €3,923
- Other operating charges -€448
down €448 (-35.9%), from €1,250 to €802
- Taxes -€269
down €269 (-89.0%), from €302 to €33
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,673 | €124,477 | -€11,196 | -8.3% |
| Fixed assets | 21/28 | €6,396 | €4,842 | -€1,554 | -24.3% |
| Tangible fixed assets | 22/27 | €6,396 | €4,842 | -€1,554 | -24.3% |
| Plant, machinery and equipment | 23 | €6,396 | €3,518 | -€2,878 | -45.0% |
| Furniture and vehicles | 24 | - | €1,324 | +€1,324 | |
| Current assets | 29/58 | €129,277 | €119,635 | -€9,641 | -7.5% |
| Amounts receivable after more than one year | 29 | €26,827 | €26,827 | = | 0.0% |
| Other amounts receivable | 291 | €26,827 | €26,827 | = | 0.0% |
| Stocks and contracts in progress | 3 | €28,905 | €29,693 | +€787 | +2.7% |
| Stocks | 30/36 | €28,905 | €29,693 | +€787 | +2.7% |
| Amounts receivable within one year | 40/41 | €31,637 | €31,919 | +€283 | +0.9% |
| Trade receivables | 40 | €31,435 | €31,620 | +€185 | +0.6% |
| Other amounts receivable | 41 | €202 | €299 | +€98 | +48.3% |
| Cash at bank and in hand | 54/58 | €41,054 | €30,559 | -€10,495 | -25.6% |
| Deferred charges and accrued income | 490/1 | €854 | €638 | -€216 | -25.3% |
| Total equity and liabilities | 10/49 | €135,673 | €124,477 | -€11,196 | -8.3% |
| Equity | 10/15 | €119,444 | €118,875 | -€569 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,844 | €100,275 | -€569 | -0.6% |
| Distributable reserves | 133 | €100,844 | €100,275 | -€569 | -0.6% |
| Amounts payable | 17/49 | €16,229 | €5,602 | -€10,627 | -65.5% |
| Amounts payable within one year | 42/48 | €16,229 | €5,602 | -€10,627 | -65.5% |
| Trade debts | 44 | €405 | €115 | -€291 | -71.7% |
| Suppliers | 440/4 | €405 | €115 | -€291 | -71.7% |
| Taxes, remuneration and social security | 45 | €6,136 | €5,488 | -€649 | -10.6% |
| Taxes | 450/3 | €6,136 | €5,488 | -€649 | -10.6% |
| Other amounts payable | 47/48 | €9,688 | - | -€9,688 | |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,878 | €2,976 | +€97 | +3.4% |
| Other operating charges | 640/8 | €1,250 | €802 | -€448 | -35.9% |
| Gross operating margin | 9900 | €23,390 | €19,394 | -€3,996 | -17.1% |
| Operating profit (loss) | 9901 | €19,262 | €15,617 | -€3,645 | -18.9% |
| Financial income | 75/76B | €652 | €634 | -€18 | -2.8% |
| Recurring financial income | 75 | €652 | €634 | -€18 | -2.8% |
| Financial charges | 65/66B | €4,661 | €3,923 | -€737 | -15.8% |
| Recurring financial charges | 65 | €4,661 | €3,923 | -€737 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €15,253 | €12,327 | -€2,926 | -19.2% |
| Income taxes | 67/77 | €302 | €33 | -€269 | -89.0% |
| Profit (loss) for the period | 9904 | €14,951 | €12,294 | -€2,657 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,951 | €12,294 | -€2,657 | -17.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.