Megaforce: 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.
Megaforce
Largest movements
- Receivables within one year +€9,059
up €9,059 (+49.8%), from €18,205 to €27,264
of which Trade receivables: +€10,868
- Stocks and contracts -€4,363
down €4,363 (-25.2%), from €17,334 to €12,971
- Cash +€3,117
up €3,117 (+117%), from €2,659 to €5,776
- Other debts +€43,537
up €43,537 (+97.0%), from €44,886 to €88,423
- Short-term financial debts -€17,039
no longer reported in 2025 (was €17,039)
- Current portion of long-term debt -€9,311
no longer reported in 2025 (was €9,311)
- Trade debts -€5,978
down €5,978 (-65.9%), from €9,073 to €3,095
- Profit (loss) carried forward +€2,372
up €2,372, from -€2,277 to €95
- Gross operating margin +€14,195
up €14,195 (+290%), from €4,903 to €19,098
- Other operating charges +€1,150
up €1,150 (+71.8%), from €1,601 to €2,750
- Financial charges +€844
up €844 (+63.4%), from €1,331 to €2,175
- Depreciation +€690
up €690 (+18.8%), from €3,675 to €4,365
From the 2023 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,228 | €116,322 | +€9,093 | +8.5% |
| Fixed assets | 21/28 | €69,030 | €69,651 | +€621 | +0.9% |
| Tangible fixed assets | 22/27 | €69,012 | €69,632 | +€621 | +0.9% |
| Land and buildings | 22 | €60,433 | €58,298 | -€2,135 | -3.5% |
| Plant, machinery and equipment | 23 | - | €307 | +€307 | |
| Furniture and vehicles | 24 | €243 | €1,618 | +€1,375 | +566% |
| Other tangible fixed assets | 26 | €8,335 | €9,409 | +€1,074 | +12.9% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €38,198 | €46,671 | +€8,473 | +22.2% |
| Stocks and contracts in progress | 3 | €17,334 | €12,971 | -€4,363 | -25.2% |
| Stocks | 30/36 | €17,334 | €12,971 | -€4,363 | -25.2% |
| Amounts receivable within one year | 40/41 | €18,205 | €27,264 | +€9,059 | +49.8% |
| Trade receivables | 40 | €16,396 | €27,264 | +€10,868 | +66.3% |
| Other amounts receivable | 41 | €1,809 | - | -€1,809 | |
| Cash at bank and in hand | 54/58 | €2,659 | €5,776 | +€3,117 | +117% |
| Deferred charges and accrued income | 490/1 | - | €660 | +€660 | |
| Total equity and liabilities | 10/49 | €107,228 | €116,322 | +€9,093 | +8.5% |
| Equity | 10/15 | €18,183 | €20,555 | +€2,372 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,277 | €95 | +€2,372 | |
| Amounts payable | 17/49 | €89,046 | €95,767 | +€6,722 | +7.5% |
| Amounts payable after more than one year | 17 | €2,356 | - | -€2,356 | |
| Financial debts | 170/4 | €2,356 | - | -€2,356 | |
| Amounts payable within one year | 42/48 | €86,689 | €95,735 | +€9,045 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €9,311 | - | -€9,311 | |
| Financial debts | 43 | €17,039 | - | -€17,039 | |
| Credit institutions | 430/8 | €17,039 | - | -€17,039 | |
| Trade debts | 44 | €9,073 | €3,095 | -€5,978 | -65.9% |
| Suppliers | 440/4 | €9,073 | €3,095 | -€5,978 | -65.9% |
| Taxes, remuneration and social security | 45 | €6,380 | €4,217 | -€2,164 | -33.9% |
| Taxes | 450/3 | €6,380 | €4,217 | -€2,164 | -33.9% |
| Other amounts payable | 47/48 | €44,886 | €88,423 | +€43,537 | +97.0% |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,675 | €4,365 | +€690 | +18.8% |
| Other operating charges | 640/8 | €1,601 | €2,750 | +€1,150 | +71.8% |
| Gross operating margin | 9900 | €4,903 | €19,098 | +€14,195 | +290% |
| Operating profit (loss) | 9901 | -€374 | €11,982 | +€12,356 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,331 | €2,175 | +€844 | +63.4% |
| Recurring financial charges | 65 | €1,331 | €2,175 | +€844 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,704 | €9,807 | +€11,511 | |
| Profit (loss) for the period | 9904 | -€1,704 | €9,807 | +€11,511 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,704 | €9,807 | +€11,511 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.