Mega Trading: 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 Trading
Largest movements
- Receivables within one year +€156,495
up €156,495 (+40.7%), from €384,913 to €541,408
of which Trade receivables: +€176,564
- Cash +€76,393
up €76,393 (+121.1%), from €63,085 to €139,477
mainly Net result for the year (+€156,525) and Trade debts (+€142,519)
- Stocks and contracts +€39,500
up €39,500 (+5.3%), from €742,769 to €782,269
- Trade debts +€142,519
up €142,519 (+263.7%), from €54,046 to €196,565
- Reserves +€81,525
up €81,525 (+20.4%), from €398,713 to €480,237
- Other debts +€61,265
up €61,265 (+10.6%), from €578,337 to €639,602
- Gross operating margin +€13,846
up €13,846 (+5.9%), from €234,497 to €248,344
- Financial income +€6,426
up €6,426 (+496.4%), from €1,295 to €7,721
- Financial charges +€5,290
up €5,290 (+38.0%), from €13,926 to €19,216
- Staff costs -€3,794
down €3,794 (-12.6%), from €30,126 to €26,332
- Taxes +€2,508
up €2,508 (+6.6%), from €37,961 to €40,470
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 | €1,213,196 | €1,480,245 | +€267,048 | +22.0% |
| Fixed assets | 21/28 | €12,847 | €5,395 | -€7,453 | -58.0% |
| Tangible fixed assets | 22/27 | €12,847 | €5,395 | -€7,453 | -58.0% |
| Land and buildings | 22 | €659 | €494 | -€165 | -25.0% |
| Plant, machinery and equipment | 23 | €1,833 | €833 | -€1,000 | -54.5% |
| Furniture and vehicles | 24 | €10,355 | €4,067 | -€6,288 | -60.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,200,349 | €1,474,850 | +€274,501 | +22.9% |
| Stocks and contracts in progress | 3 | €742,769 | €782,269 | +€39,500 | +5.3% |
| Stocks | 30/36 | €742,769 | €782,269 | +€39,500 | +5.3% |
| Amounts receivable within one year | 40/41 | €384,913 | €541,408 | +€156,495 | +40.7% |
| Trade receivables | 40 | €134,187 | €310,751 | +€176,564 | +131.6% |
| Other amounts receivable | 41 | €250,727 | €230,657 | -€20,070 | -8.0% |
| Cash at bank and in hand | 54/58 | €63,085 | €139,477 | +€76,393 | +121.1% |
| Deferred charges and accrued income | 490/1 | €9,582 | €11,695 | +€2,114 | +22.1% |
| Total equity and liabilities | 10/49 | €1,213,196 | €1,480,245 | +€267,048 | +22.0% |
| Equity | 10/15 | €499,277 | €580,802 | +€81,525 | +16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €398,713 | €480,237 | +€81,525 | +20.4% |
| Distributable reserves | 133 | €398,713 | €480,237 | +€81,525 | +20.4% |
| Profit (loss) carried forward | 14 | €81,964 | €81,964 | = | 0.0% |
| Amounts payable | 17/49 | €713,919 | €899,443 | +€185,523 | +26.0% |
| Amounts payable after more than one year | 17 | €15,942 | €5,409 | -€10,534 | -66.1% |
| Financial debts | 170/4 | €15,942 | €5,409 | -€10,534 | -66.1% |
| Amounts payable within one year | 42/48 | €697,977 | €894,034 | +€196,057 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €35,167 | €35,534 | +€367 | +1.0% |
| Financial debts | 43 | €5,071 | €0 | -€5,071 | -100.0% |
| Credit institutions | 430/8 | €5,071 | €0 | -€5,071 | -100.0% |
| Trade debts | 44 | €54,046 | €196,565 | +€142,519 | +263.7% |
| Suppliers | 440/4 | €54,046 | €196,565 | +€142,519 | +263.7% |
| Taxes, remuneration and social security | 45 | €25,356 | €22,334 | -€3,022 | -11.9% |
| Taxes | 450/3 | €19,550 | €17,468 | -€2,083 | -10.7% |
| Remuneration and social security | 454/9 | €5,806 | €4,866 | -€940 | -16.2% |
| Other amounts payable | 47/48 | €578,337 | €639,602 | +€61,265 | +10.6% |
| Remuneration, social security and pensions | 62 | €30,126 | €26,332 | -€3,794 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,178 | €10,215 | -€963 | -8.6% |
| Other operating charges | 640/8 | €4,247 | €3,306 | -€941 | -22.2% |
| Gross operating margin | 9900 | €234,497 | €248,344 | +€13,846 | +5.9% |
| Operating profit (loss) | 9901 | €188,946 | €208,490 | +€19,544 | +10.3% |
| Financial income | 75/76B | €1,295 | €7,721 | +€6,426 | +496.4% |
| Recurring financial income | 75 | €1,295 | €7,721 | +€6,426 | +496.4% |
| Financial charges | 65/66B | €13,926 | €19,216 | +€5,290 | +38.0% |
| Recurring financial charges | 65 | €13,926 | €19,216 | +€5,290 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €176,314 | €196,994 | +€20,680 | +11.7% |
| Income taxes | 67/77 | €37,961 | €40,470 | +€2,508 | +6.6% |
| Profit (loss) for the period | 9904 | €138,353 | €156,525 | +€18,172 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €138,353 | €156,525 | +€18,172 | +13.1% |
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 3 October 2026 via checked.be.