MEGA TERRA: 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 TERRA
Largest movements
- Tangible fixed assets +€174,785
up €174,785 (+30.1%), from €581,174 to €755,960
of which Leasing and similar rights: +€135,931
- Receivables within one year +€127,754
up €127,754 (+107.2%), from €119,155 to €246,909
of which Trade receivables: +€126,803
- Debts after one year +€163,797
up €163,797 (+35.9%), from €456,561 to €620,358
- Advances received +€109,986
up €109,986, from €0 to €109,986
- Accrued charges and deferred income +€23,017
up €23,017 (+1341.8%), from €1,715 to €24,733
- Trade debts -€10,918
down €10,918 (-8.2%), from €133,366 to €122,448
- Depreciation +€14,170
up €14,170 (+23.5%), from €60,325 to €74,494
- Gross operating margin -€13,572
down €13,572 (-12.3%), from €110,398 to €96,826
- Financial income +€4,967
up €4,967 (+102614.7%), from €5 to €4,971
of which Financial income: +€4,967
- Taxes -€4,940
down €4,940 (-100.0%), from €4,940 to €0
- Other operating charges -€1,360
down €1,360 (-19.5%), from €6,981 to €5,621
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 | €751,841 | €1,047,666 | +€295,824 | +39.3% |
| Fixed assets | 21/28 | €581,649 | €756,435 | +€174,785 | +30.0% |
| Tangible fixed assets | 22/27 | €581,174 | €755,960 | +€174,785 | +30.1% |
| Land and buildings | 22 | €405,696 | €392,564 | -€13,132 | -3.2% |
| Plant, machinery and equipment | 23 | €14,482 | €17,882 | +€3,400 | +23.5% |
| Furniture and vehicles | 24 | €3,349 | €51,935 | +€48,586 | +1450.6% |
| Leasing and similar rights | 25 | €157,647 | €293,579 | +€135,931 | +86.2% |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €170,192 | €291,231 | +€121,039 | +71.1% |
| Amounts receivable within one year | 40/41 | €119,155 | €246,909 | +€127,754 | +107.2% |
| Trade receivables | 40 | €100,053 | €226,856 | +€126,803 | +126.7% |
| Other amounts receivable | 41 | €19,103 | €20,053 | +€951 | +5.0% |
| Cash at bank and in hand | 54/58 | €46,095 | €38,172 | -€7,923 | -17.2% |
| Deferred charges and accrued income | 490/1 | €4,942 | €6,150 | +€1,208 | +24.5% |
| Total equity and liabilities | 10/49 | €751,841 | €1,047,666 | +€295,824 | +39.3% |
| Equity | 10/15 | €103,300 | €109,574 | +€6,275 | +6.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,644 | €92,644 | = | 0.0% |
| Distributable reserves | 133 | €92,644 | €92,644 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,655 | €6,101 | +€446 | +7.9% |
| Investment grants | 15 | - | €5,829 | +€5,829 | |
| Amounts payable | 17/49 | €648,542 | €938,091 | +€289,550 | +44.6% |
| Amounts payable after more than one year | 17 | €456,561 | €620,358 | +€163,797 | +35.9% |
| Financial debts | 170/4 | €456,561 | €620,358 | +€163,797 | +35.9% |
| Amounts payable within one year | 42/48 | €190,265 | €293,001 | +€102,736 | +54.0% |
| Current portion of amounts payable after more than one year | 42 | €42,355 | €50,293 | +€7,939 | +18.7% |
| Trade debts | 44 | €133,366 | €122,448 | -€10,918 | -8.2% |
| Suppliers | 440/4 | €133,366 | €122,448 | -€10,918 | -8.2% |
| Advances received on contracts in progress | 46 | €0 | €109,986 | +€109,986 | |
| Taxes, remuneration and social security | 45 | €7,162 | €4,072 | -€3,091 | -43.2% |
| Taxes | 450/3 | €3,471 | €2 | -€3,469 | -100.0% |
| Remuneration and social security | 454/9 | €3,692 | €4,070 | +€378 | +10.3% |
| Other amounts payable | 47/48 | €7,383 | €6,202 | -€1,181 | -16.0% |
| Accrued charges and deferred income | 492/3 | €1,715 | €24,733 | +€23,017 | +1341.8% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,325 | €74,494 | +€14,170 | +23.5% |
| Other operating charges | 640/8 | €6,981 | €5,621 | -€1,360 | -19.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €110,398 | €96,826 | -€13,572 | -12.3% |
| Operating profit (loss) | 9901 | €43,092 | €16,710 | -€26,382 | -61.2% |
| Financial income | 75/76B | €5 | €4,971 | +€4,967 | +102614.7% |
| Recurring financial income | 75 | €5 | €4,971 | +€4,967 | +102614.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €21,630 | €21,235 | -€395 | -1.8% |
| Recurring financial charges | 65 | €21,630 | €21,235 | -€395 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €21,467 | €446 | -€21,021 | -97.9% |
| Income taxes | 67/77 | €4,940 | €0 | -€4,940 | -100.0% |
| Profit (loss) for the period | 9904 | €16,526 | €446 | -€16,080 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,526 | €446 | -€16,080 | -97.3% |
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.