MEGA-DOC: 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-DOC
Largest movements
- Tangible fixed assets -€9,459
down €9,459 (-38.3%), from €24,687 to €15,229
of which Furniture and vehicles: -€9,356
- Cash +€8,036
up €8,036 (+24.4%), from €32,893 to €40,929
mainly Net result for the year (+€34,016) and Depreciation (+€10,657)
- Receivables within one year -€6,299
down €6,299 (-4.3%), from €147,705 to €141,406
of which Trade receivables: -€13,297
- Stocks and contracts -€3,615
down €3,615 (-32.6%), from €11,076 to €7,461
- Profit (loss) carried forward +€34,016
up €34,016 (+9.0%), from -€379,179 to -€345,163
- Trade debts -€27,301
down €27,301 (-19.1%), from €142,994 to €115,694
- Debts after one year -€16,964
down €16,964 (-45.7%), from €37,119 to €20,156
- Other debts -€4,140
down €4,140 (-7.1%), from €58,054 to €53,914
- Accrued charges and deferred income +€3,689
up €3,689 (+5039.8%), from €73 to €3,762
- Gross operating margin +€12,950
up €12,950 (+6.5%), from €200,230 to €213,180
- Taxes +€3,376
up €3,376 (+30.8%), from €10,972 to €14,348
- Depreciation -€3,159
down €3,159 (-22.9%), from €13,817 to €10,657
- Staff costs +€2,566
up €2,566 (+1.8%), from €139,033 to €141,599
- Financial charges -€2,304
down €2,304 (-19.8%), from €11,657 to €9,354
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 | €218,623 | €208,199 | -€10,424 | -4.8% |
| Fixed assets | 21/28 | €24,687 | €15,229 | -€9,459 | -38.3% |
| Tangible fixed assets | 22/27 | €24,687 | €15,229 | -€9,459 | -38.3% |
| Plant, machinery and equipment | 23 | €103 | - | -€103 | |
| Furniture and vehicles | 24 | €24,585 | €15,229 | -€9,356 | -38.1% |
| Current assets | 29/58 | €193,935 | €192,970 | -€965 | -0.5% |
| Stocks and contracts in progress | 3 | €11,076 | €7,461 | -€3,615 | -32.6% |
| Stocks | 30/36 | €11,076 | €7,461 | -€3,615 | -32.6% |
| Amounts receivable within one year | 40/41 | €147,705 | €141,406 | -€6,299 | -4.3% |
| Trade receivables | 40 | €146,933 | €133,637 | -€13,297 | -9.0% |
| Other amounts receivable | 41 | €772 | €7,769 | +€6,997 | +906.4% |
| Cash at bank and in hand | 54/58 | €32,893 | €40,929 | +€8,036 | +24.4% |
| Deferred charges and accrued income | 490/1 | €2,262 | €3,175 | +€913 | +40.4% |
| Total equity and liabilities | 10/49 | €218,623 | €208,199 | -€10,424 | -4.8% |
| Equity | 10/15 | -€184,179 | -€150,163 | +€34,016 | +18.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€379,179 | -€345,163 | +€34,016 | +9.0% |
| Amounts payable | 17/49 | €402,801 | €358,362 | -€44,439 | -11.0% |
| Amounts payable after more than one year | 17 | €37,119 | €20,156 | -€16,964 | -45.7% |
| Financial debts | 170/4 | €37,119 | €20,156 | -€16,964 | -45.7% |
| Amounts payable within one year | 42/48 | €365,609 | €334,444 | -€31,164 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €28,143 | €28,669 | +€525 | +1.9% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €142,994 | €115,694 | -€27,301 | -19.1% |
| Suppliers | 440/4 | €142,994 | €115,694 | -€27,301 | -19.1% |
| Taxes, remuneration and social security | 45 | €36,417 | €36,168 | -€248 | -0.7% |
| Taxes | 450/3 | €15,422 | €19,305 | +€3,883 | +25.2% |
| Remuneration and social security | 454/9 | €20,994 | €16,863 | -€4,131 | -19.7% |
| Other amounts payable | 47/48 | €58,054 | €53,914 | -€4,140 | -7.1% |
| Accrued charges and deferred income | 492/3 | €73 | €3,762 | +€3,689 | +5039.8% |
| Remuneration, social security and pensions | 62 | €139,033 | €141,599 | +€2,566 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,817 | €10,657 | -€3,159 | -22.9% |
| Other operating charges | 640/8 | €2,981 | €3,216 | +€235 | +7.9% |
| Gross operating margin | 9900 | €200,230 | €213,180 | +€12,950 | +6.5% |
| Operating profit (loss) | 9901 | €44,400 | €57,708 | +€13,308 | +30.0% |
| Financial income | 75/76B | €447 | €9 | -€438 | -98.0% |
| Recurring financial income | 75 | €447 | €9 | -€438 | -98.0% |
| Financial charges | 65/66B | €11,657 | €9,354 | -€2,304 | -19.8% |
| Recurring financial charges | 65 | €11,657 | €9,354 | -€2,304 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €33,189 | €48,363 | +€15,174 | +45.7% |
| Income taxes | 67/77 | €10,972 | €14,348 | +€3,376 | +30.8% |
| Profit (loss) for the period | 9904 | €22,217 | €34,016 | +€11,798 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,217 | €34,016 | +€11,798 | +53.1% |
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 7 October 2026 via checked.be.