MEGA Learning: 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.
MEGA Learning
Largest movements
- Current investments +€80,000
up €80,000 (+53.3%), from €150,000 to €230,000
- Cash -€17,010
down €17,010 (-81.6%), from €20,849 to €3,839
mainly Contributions, distributions and other (-€145,882) and Current investments (-€80,000)
- Receivables within one year -€9,614
down €9,614 (-8.4%), from €114,184 to €104,569
of which Trade receivables: -€6,076
- Other debts +€45,240
up €45,240 (+42.1%), from €107,433 to €152,674
- Profit (loss) carried forward +€8,705
up €8,705 (+92.5%), from €9,410 to €18,114
- Gross operating margin +€33,661
up €33,661 (+19.2%), from €175,210 to €208,872
- Taxes +€10,492
up €10,492 (+28.2%), from €37,217 to €47,709
- Other operating charges -€5,686
down €5,686 (-90.1%), from €6,311 to €625
- Write-downs -€2,548
no longer reported in 2025 (was €2,548)
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 | €291,058 | €346,010 | +€54,952 | +18.9% |
| Fixed assets | 21/28 | €3,541 | €7,602 | +€4,061 | +114.7% |
| Intangible fixed assets | 21 | €3,541 | €6,110 | +€2,569 | +72.5% |
| Tangible fixed assets | 22/27 | - | €1,492 | +€1,492 | |
| Furniture and vehicles | 24 | - | €1,492 | +€1,492 | |
| Current assets | 29/58 | €287,517 | €338,408 | +€50,891 | +17.7% |
| Amounts receivable within one year | 40/41 | €114,184 | €104,569 | -€9,614 | -8.4% |
| Trade receivables | 40 | €101,948 | €95,872 | -€6,076 | -6.0% |
| Other amounts receivable | 41 | €12,236 | €8,698 | -€3,538 | -28.9% |
| Current investments | 50/53 | €150,000 | €230,000 | +€80,000 | +53.3% |
| Cash at bank and in hand | 54/58 | €20,849 | €3,839 | -€17,010 | -81.6% |
| Deferred charges and accrued income | 490/1 | €2,485 | - | -€2,485 | |
| Total equity and liabilities | 10/49 | €291,058 | €346,010 | +€54,952 | +18.9% |
| Equity | 10/15 | €77,115 | €85,819 | +€8,705 | +11.3% |
| Contributions | 10/11 | €61,550 | €61,550 | = | 0.0% |
| Capital | 10 | €61,550 | €61,550 | = | 0.0% |
| Issued capital | 100 | €61,550 | €61,550 | = | 0.0% |
| Reserves | 13 | €6,155 | €6,155 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,155 | €6,155 | = | 0.0% |
| Legal reserve | 130 | €6,155 | €6,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,410 | €18,114 | +€8,705 | +92.5% |
| Amounts payable | 17/49 | €213,944 | €260,191 | +€46,247 | +21.6% |
| Amounts payable within one year | 42/48 | €213,944 | €260,191 | +€46,247 | +21.6% |
| Trade debts | 44 | €71,954 | €70,752 | -€1,202 | -1.7% |
| Suppliers | 440/4 | €71,954 | €70,752 | -€1,202 | -1.7% |
| Taxes, remuneration and social security | 45 | €34,557 | €36,765 | +€2,209 | +6.4% |
| Taxes | 450/3 | €34,557 | €36,765 | +€2,209 | +6.4% |
| Other amounts payable | 47/48 | €107,433 | €152,674 | +€45,240 | +42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,661 | €2,392 | -€269 | -10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,548 | - | -€2,548 | |
| Other operating charges | 640/8 | €6,311 | €625 | -€5,686 | -90.1% |
| Gross operating margin | 9900 | €175,210 | €208,872 | +€33,661 | +19.2% |
| Operating profit (loss) | 9901 | €163,691 | €205,855 | +€42,164 | +25.8% |
| Financial income | 75/76B | €271 | €603 | +€332 | +122.4% |
| Recurring financial income | 75 | €271 | €603 | +€332 | +122.4% |
| Financial charges | 65/66B | €3,758 | €4,163 | +€405 | +10.8% |
| Recurring financial charges | 65 | €3,758 | €4,163 | +€405 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €160,204 | €202,296 | +€42,092 | +26.3% |
| Income taxes | 67/77 | €37,217 | €47,709 | +€10,492 | +28.2% |
| Profit (loss) for the period | 9904 | €122,987 | €154,587 | +€31,599 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,987 | €154,587 | +€31,599 | +25.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.