MEGA INDUSTRIAL ENGINEERING: 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.
What changed
MEGA INDUSTRIAL ENGINEERING
NACE 33.110, Repair and maintenance of fabricated metal products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €807,440+€544,650
Equity
€4.6m
2024 · €4.0m+€652,089
Cash
€2.9m
2024 · €2.4m+€514,196
Balance sheet total
€7.7m
2024 · €6.9m+€748,604
Largest movements
Assets
- Cash +€514,196
up €514,196 (+21.8%), from €2.4m to €2.9m
mainly Net result for the year (+€1.4m) and Trade debts (+€321,450)
- Current investments +€456,365
up €456,365 (+54.8%), from €832,451 to €1.3m
- Tangible fixed assets -€181,626
down €181,626 (-26.2%), from €694,275 to €512,649
of which Other tangible fixed assets: -€177,037
Equity and liabilities
- Profit (loss) carried forward +€652,089
up €652,089 (+26.8%), from €2.4m to €3.1m
- Trade debts +€321,450
up €321,450 (+19.1%), from €1.7m to €2.0m
- Current portion of long-term debt -€168,311
down €168,311 (-52.7%), from €319,477 to €151,166
- Debts after one year -€90,594
down €90,594 (-100.0%), from €90,594 to €0
Income statement
- Turnover +€973,731
up €973,731 (+7.4%), from €13.2m to €14.1m
- Services and other goods +€316,175
up €316,175 (+14.2%), from €2.2m to €2.5m
- Taxes +€167,968
up €167,968 (+61.2%), from €274,438 to €442,406
of which Taxes: +€164,844
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
€807,440
Turnover
+€973,731
Other operating income
+€4,465
Goods and materials
-€29,710
Services and other goods
-€316,175
Staff costs
+€49,865
Depreciation
-€20,066
Write-downs
-€2,310
Other operating charges
+€4,004
Financial income
+€51,157
Financial charges
-€2,343
Taxes
-€167,968
Result 2025
€1.4m
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.
From operations
+€2.0m
Investment
-€537,750
Financing
-€958,906
Cash 2024
€2.4m
From operations (derived)
+€2.0m
Net result for the year
+€1.4m
Depreciation
+€258,892
Receivables after one year
+€28,244
Receivables within one year
+€28,732
Deferred charges and accrued income
-€12,526
Trade debts
+€321,450
Tax, wage and social debts
+€28,514
Other debts
-€10,000
Accrued charges and deferred income
+€15,457
Investment (derived)
-€537,750
Investment in fixed assets (net)
-€81,386
Current investments
-€456,365
Financing
-€958,906
Debts after one year
-€90,594
Current portion of long-term debt
-€168,311
Contributions, distributions and other
-€700,000
Cash 2025
€2.9m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,903,891 | €7,652,495 | +€748,604 | +10.8% |
| Fixed assets | 21/28 | €695,094 | €517,588 | -€177,506 | -25.5% |
| Tangible fixed assets | 22/27 | €694,275 | €512,649 | -€181,626 | -26.2% |
| Land and buildings | 22 | €0 | €32,662 | +€32,662 | |
| Plant, machinery and equipment | 23 | €309,717 | €274,383 | -€35,334 | -11.4% |
| Furniture and vehicles | 24 | €134,977 | €133,060 | -€1,917 | -1.4% |
| Other tangible fixed assets | 26 | €249,582 | €72,546 | -€177,037 | -70.9% |
| Financial fixed assets | 28 | €818 | €4,938 | +€4,120 | +503.5% |
| Other financial fixed assets | 284/8 | €818 | €4,938 | +€4,120 | +503.5% |
| Amounts receivable and cash guarantees | 285/8 | €818 | €4,938 | +€4,120 | +503.5% |
| Current assets | 29/58 | €6,208,797 | €7,134,907 | +€926,110 | +14.9% |
| Amounts receivable after more than one year | 29 | €105,250 | €77,005 | -€28,244 | -26.8% |
| Other amounts receivable | 291 | €105,250 | €77,005 | -€28,244 | -26.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,878,567 | €2,849,834 | -€28,732 | -1.0% |
| Trade receivables | 40 | €1,946,971 | €2,064,568 | +€117,596 | +6.0% |
| Other amounts receivable | 41 | €931,595 | €785,267 | -€146,329 | -15.7% |
| Current investments | 50/53 | €832,451 | €1,288,815 | +€456,365 | +54.8% |
| Other investments | 51/53 | €832,451 | €1,288,815 | +€456,365 | +54.8% |
| Cash at bank and in hand | 54/58 | €2,356,782 | €2,870,978 | +€514,196 | +21.8% |
| Deferred charges and accrued income | 490/1 | €35,748 | €48,274 | +€12,526 | +35.0% |
| Total equity and liabilities | 10/49 | €6,903,891 | €7,652,495 | +€748,604 | +10.8% |
| Equity | 10/15 | €3,963,607 | €4,615,696 | +€652,089 | +16.5% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €1,352,830 | €1,352,830 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Distributable reserves | 133 | €1,335,330 | €1,335,330 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,435,777 | €3,087,866 | +€652,089 | +26.8% |
| Amounts payable | 17/49 | €2,940,284 | €3,036,799 | +€96,515 | +3.3% |
| Amounts payable after more than one year | 17 | €90,594 | €0 | -€90,594 | -100.0% |
| Financial debts | 170/4 | €90,594 | €0 | -€90,594 | -100.0% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €90,594 | €0 | -€90,594 | -100.0% |
| Amounts payable within one year | 42/48 | €2,834,757 | €3,006,409 | +€171,652 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €319,477 | €151,166 | -€168,311 | -52.7% |
| Trade debts | 44 | €1,685,307 | €2,006,757 | +€321,450 | +19.1% |
| Suppliers | 440/4 | €1,685,307 | €2,006,757 | +€321,450 | +19.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €119,972 | €148,487 | +€28,514 | +23.8% |
| Taxes | 450/3 | €13,325 | €31,883 | +€18,557 | +139.3% |
| Remuneration and social security | 454/9 | €106,647 | €116,604 | +€9,957 | +9.3% |
| Other amounts payable | 47/48 | €710,000 | €700,000 | -€10,000 | -1.4% |
| Accrued charges and deferred income | 492/3 | €14,933 | €30,390 | +€15,457 | +103.5% |
| Operating income | 70/76A | €13,259,797 | €14,237,993 | +€978,196 | +7.4% |
| Turnover | 70 | €13,161,634 | €14,135,366 | +€973,731 | +7.4% |
| Other operating income | 74 | €98,162 | €102,627 | +€4,465 | +4.5% |
| Operating charges | 60/66A | €12,193,097 | €12,507,489 | +€314,392 | +2.6% |
| Goods for resale, raw materials and consumables | 60 | €8,867,303 | €8,897,013 | +€29,710 | +0.3% |
| Purchases | 600/8 | €8,867,303 | €8,897,013 | +€29,710 | +0.3% |
| Services and other goods | 61 | €2,224,086 | €2,540,260 | +€316,175 | +14.2% |
| Remuneration, social security and pensions | 62 | €842,237 | €792,372 | -€49,865 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238,826 | €258,892 | +€20,066 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,310 | +€2,310 | |
| Other operating charges | 640/8 | €20,645 | €16,642 | -€4,004 | -19.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,066,700 | €1,730,504 | +€663,804 | +62.2% |
| Financial income | 75/76B | €57,594 | €108,750 | +€51,157 | +88.8% |
| Recurring financial income | 75 | €57,594 | €108,750 | +€51,157 | +88.8% |
| Income from financial fixed assets | 750 | €23,985 | €47,300 | +€23,315 | +97.2% |
| Income from current assets | 751 | €24,637 | €20,275 | -€4,362 | -17.7% |
| Other financial income | 752/9 | €8,972 | €41,176 | +€32,204 | +358.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €42,416 | €44,759 | +€2,343 | +5.5% |
| Recurring financial charges | 65 | €42,416 | €44,759 | +€2,343 | +5.5% |
| Debt charges | 650 | €17,983 | €13,204 | -€4,779 | -26.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€6,233 | €0 | +€6,233 | |
| Other financial charges | 652/9 | €30,666 | €31,555 | +€889 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €1,081,878 | €1,794,495 | +€712,618 | +65.9% |
| Income taxes | 67/77 | €274,438 | €442,406 | +€167,968 | +61.2% |
| Taxes | 670/3 | €277,562 | €442,406 | +€164,844 | +59.4% |
| Tax adjustments and reversals of tax provisions | 77 | €3,123 | €0 | -€3,123 | -100.0% |
| Profit (loss) for the period | 9904 | €807,440 | €1,352,089 | +€544,650 | +67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €807,440 | €1,352,089 | +€544,650 | +67.5% |
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.