MEGABAS: 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.
MEGABAS
Largest movements
- Cash -€979
down €979 (-53.7%), from €1,824 to €845
mainly Net result for the year (-€4,897) and Tax, wage and social debts (-€4,815)
- Formation expenses -€217
down €217 (-95.5%), from €227 to €10
- Trade debts +€5,165
up €5,165 (+11.8%), from €43,706 to €48,871
- Profit (loss) carried forward -€4,897
down €4,897 (-2.2%), from -€225,327 to -€230,224
- Tax, wage and social debts -€4,815
no longer reported in 2025 (was €4,815)
of which Taxes: -€4,161
- Other debts +€3,321
up €3,321 (+13.6%), from €24,412 to €27,733
- Gross operating margin -€54,021
down €54,021, from €50,124 to -€3,897
- Staff costs -€17,560
down €17,560 (-99.6%), from €17,626 to €65
- Financial charges -€10,787
down €10,787 (-96.5%), from €11,184 to €397
- Other operating charges -€1,468
down €1,468 (-81.6%), from €1,798 to €330
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 | €5,599 | €4,371 | -€1,229 | -21.9% |
| Formation expenses | 20 | €227 | €10 | -€217 | -95.5% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €5,372 | €4,361 | -€1,012 | -18.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,548 | €3,516 | -€32 | -0.9% |
| Trade receivables | 40 | €684 | - | -€684 | |
| Other amounts receivable | 41 | €2,864 | €3,516 | +€651 | +22.7% |
| Cash at bank and in hand | 54/58 | €1,824 | €845 | -€979 | -53.7% |
| Total equity and liabilities | 10/49 | €5,599 | €4,371 | -€1,229 | -21.9% |
| Equity | 10/15 | -€215,327 | -€220,224 | -€4,897 | -2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€225,327 | -€230,224 | -€4,897 | -2.2% |
| Amounts payable | 17/49 | €220,926 | €224,595 | +€3,669 | +1.7% |
| Amounts payable after more than one year | 17 | €147,991 | €147,991 | = | 0.0% |
| Financial debts | 170/4 | €147,991 | €147,991 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,935 | €76,604 | +€3,669 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €2 | - | -€2 | |
| Credit institutions | 430/8 | €2 | - | -€2 | |
| Trade debts | 44 | €43,706 | €48,871 | +€5,165 | +11.8% |
| Suppliers | 440/4 | €43,706 | €48,871 | +€5,165 | +11.8% |
| Taxes, remuneration and social security | 45 | €4,815 | - | -€4,815 | |
| Taxes | 450/3 | €4,161 | - | -€4,161 | |
| Remuneration and social security | 454/9 | €654 | - | -€654 | |
| Other amounts payable | 47/48 | €24,412 | €27,733 | +€3,321 | +13.6% |
| Non-recurring operating income | 76A | €36,134 | - | -€36,134 | |
| Remuneration, social security and pensions | 62 | €17,626 | €65 | -€17,560 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217 | €217 | = | 0.0% |
| Other operating charges | 640/8 | €1,798 | €330 | -€1,468 | -81.6% |
| Non-recurring operating charges | 66A | €169,372 | - | -€169,372 | |
| Gross operating margin | 9900 | €50,124 | -€3,897 | -€54,021 | |
| Operating profit (loss) | 9901 | -€138,889 | -€4,509 | +€134,380 | +96.8% |
| Financial income | 75/76B | €10 | €9 | -€1 | -13.6% |
| Recurring financial income | 75 | €10 | €9 | -€1 | -13.6% |
| Financial charges | 65/66B | €11,184 | €397 | -€10,787 | -96.5% |
| Recurring financial charges | 65 | €11,184 | €397 | -€10,787 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | -€150,063 | -€4,897 | +€145,166 | +96.7% |
| Profit (loss) for the period | 9904 | -€150,063 | -€4,897 | +€145,166 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€150,063 | -€4,897 | +€145,166 | +96.7% |
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 28 September 2026 via checked.be.