MEGA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Tangible fixed assets -€31,975
down €31,975 (-33.6%), from €95,290 to €63,314
of which Land and buildings: -€30,822
- Receivables within one year +€13,063
up €13,063 (+87.6%), from €14,914 to €27,977
of which Trade receivables: +€13,983
- Cash +€7,497
up €7,497 (+26.3%), from €28,511 to €36,008
mainly Investment in fixed assets (net) (+€17,836) and Depreciation (+€14,139)
- Debts after one year -€22,323
down €22,323 (-25.4%), from €88,040 to €65,718
- Reserves +€13,000
new in 2025: €13,000
- Trade debts -€3,398
down €3,398 (-46.7%), from €7,278 to €3,880
- Current portion of long-term debt -€3,009
down €3,009 (-19.3%), from €15,587 to €12,578
- Tax, wage and social debts +€2,277
up €2,277 (+34.7%), from €6,554 to €8,832
- Gross operating margin +€15,212
up €15,212 (+53.4%), from €28,477 to €43,689
- Taxes +€4,639
up €4,639 (+219.0%), from €2,118 to €6,758
- Depreciation -€1,664
down €1,664 (-10.5%), from €15,803 to €14,139
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 | €139,713 | €127,299 | -€12,414 | -8.9% |
| Fixed assets | 21/28 | €95,290 | €63,314 | -€31,975 | -33.6% |
| Tangible fixed assets | 22/27 | €95,290 | €63,314 | -€31,975 | -33.6% |
| Land and buildings | 22 | €93,051 | €62,229 | -€30,822 | -33.1% |
| Furniture and vehicles | 24 | €2,238 | €1,085 | -€1,153 | -51.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €44,423 | €63,985 | +€19,562 | +44.0% |
| Amounts receivable within one year | 40/41 | €14,914 | €27,977 | +€13,063 | +87.6% |
| Trade receivables | 40 | €9,735 | €23,717 | +€13,983 | +143.6% |
| Other amounts receivable | 41 | €5,180 | €4,260 | -€920 | -17.8% |
| Cash at bank and in hand | 54/58 | €28,511 | €36,008 | +€7,497 | +26.3% |
| Deferred charges and accrued income | 490/1 | €998 | - | -€998 | |
| Total equity and liabilities | 10/49 | €139,713 | €127,299 | -€12,414 | -8.9% |
| Equity | 10/15 | €22,253 | €35,814 | +€13,561 | +60.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €13,000 | +€13,000 | |
| Distributable reserves | 133 | - | €13,000 | +€13,000 | |
| Profit (loss) carried forward | 14 | €3,653 | €4,214 | +€561 | +15.4% |
| Amounts payable | 17/49 | €117,460 | €91,485 | -€25,975 | -22.1% |
| Amounts payable after more than one year | 17 | €88,040 | €65,718 | -€22,323 | -25.4% |
| Financial debts | 170/4 | €88,040 | €65,718 | -€22,323 | -25.4% |
| Amounts payable within one year | 42/48 | €29,420 | €25,767 | -€3,653 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €15,587 | €12,578 | -€3,009 | -19.3% |
| Trade debts | 44 | €7,278 | €3,880 | -€3,398 | -46.7% |
| Suppliers | 440/4 | €7,278 | €3,880 | -€3,398 | -46.7% |
| Taxes, remuneration and social security | 45 | €6,554 | €8,832 | +€2,277 | +34.7% |
| Taxes | 450/3 | €6,554 | €8,832 | +€2,277 | +34.7% |
| Other amounts payable | 47/48 | €0 | €477 | +€477 | |
| Non-recurring operating income | 76A | €2,790 | €2,326 | -€465 | -16.6% |
| Remuneration, social security and pensions | 62 | €1,978 | €1,978 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,803 | €14,139 | -€1,664 | -10.5% |
| Other operating charges | 640/8 | €3,527 | €3,501 | -€26 | -0.7% |
| Non-recurring operating charges | 66A | €450 | €68 | -€382 | -84.8% |
| Gross operating margin | 9900 | €28,477 | €43,689 | +€15,212 | +53.4% |
| Operating profit (loss) | 9901 | €6,718 | €24,002 | +€17,284 | +257.3% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €3,729 | €3,683 | -€46 | -1.2% |
| Recurring financial charges | 65 | €3,729 | €3,683 | -€46 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €3,002 | €20,319 | +€17,318 | +577.0% |
| Income taxes | 67/77 | €2,118 | €6,758 | +€4,639 | +219.0% |
| Profit (loss) for the period | 9904 | €883 | €13,561 | +€12,678 | +1435.7% |
| Profit (loss) for the period to be appropriated | 9905 | €883 | €13,561 | +€12,678 | +1435.7% |
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 11 October 2026 via checked.be.