MEGA-T: 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-T
Largest movements
- Cash -€12,430
down €12,430 (-46.1%), from €26,977 to €14,547
mainly Tax, wage and social debts (-€15,635) and Other debts (-€2,834)
- Receivables within one year -€4,692
no longer reported in 2025 (was €4,692)
- Tax, wage and social debts -€15,635
down €15,635 (-98.1%), from €15,937 to €302
- Other debts -€2,834
down €2,834 (-97.8%), from €2,899 to €65
- Gross operating margin -€11,730
down €11,730 (-74.4%), from €15,758 to €4,028
- Depreciation -€7,698
down €7,698 (-90.2%), from €8,535 to €837
- Taxes -€494
down €494 (-44.3%), from €1,114 to €620
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 | €240,913 | €222,954 | -€17,959 | -7.5% |
| Fixed assets | 21/28 | €209,244 | €208,407 | -€837 | -0.4% |
| Tangible fixed assets | 22/27 | €209,244 | €208,407 | -€837 | -0.4% |
| Land and buildings | 22 | €209,244 | €208,407 | -€837 | -0.4% |
| Current assets | 29/58 | €31,669 | €14,547 | -€17,122 | -54.1% |
| Amounts receivable within one year | 40/41 | €4,692 | - | -€4,692 | |
| Other amounts receivable | 41 | €4,692 | - | -€4,692 | |
| Cash at bank and in hand | 54/58 | €26,977 | €14,547 | -€12,430 | -46.1% |
| Total equity and liabilities | 10/49 | €240,913 | €222,954 | -€17,959 | -7.5% |
| Equity | 10/15 | €217,777 | €218,287 | +€510 | +0.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €192,777 | €193,287 | +€510 | +0.3% |
| Distributable reserves | 133 | €192,777 | €193,287 | +€510 | +0.3% |
| Amounts payable | 17/49 | €23,136 | €4,667 | -€18,469 | -79.8% |
| Amounts payable after more than one year | 17 | €4,300 | €4,300 | = | 0.0% |
| Other amounts payable | 178/9 | €4,300 | €4,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,836 | €367 | -€18,469 | -98.1% |
| Taxes, remuneration and social security | 45 | €15,937 | €302 | -€15,635 | -98.1% |
| Taxes | 450/3 | €15,937 | €302 | -€15,635 | -98.1% |
| Other amounts payable | 47/48 | €2,899 | €65 | -€2,834 | -97.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,535 | €837 | -€7,698 | -90.2% |
| Other operating charges | 640/8 | €1,928 | €1,986 | +€58 | +3.0% |
| Gross operating margin | 9900 | €15,758 | €4,028 | -€11,730 | -74.4% |
| Operating profit (loss) | 9901 | €5,295 | €1,205 | -€4,090 | -77.2% |
| Financial income | 75/76B | €55 | - | -€55 | |
| Recurring financial income | 75 | €55 | - | -€55 | |
| Financial charges | 65/66B | €94 | €75 | -€19 | -20.2% |
| Recurring financial charges | 65 | €94 | €75 | -€19 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €5,256 | €1,130 | -€4,126 | -78.5% |
| Income taxes | 67/77 | €1,114 | €620 | -€494 | -44.3% |
| Profit (loss) for the period | 9904 | €4,142 | €510 | -€3,632 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,142 | €510 | -€3,632 | -87.7% |
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 8 October 2026 via checked.be.