MEGALAND: 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.
MEGALAND
Largest movements
- Stocks and contracts -€19,922
down €19,922 (-16.3%), from €122,527 to €102,605
- Cash -€5,244
down €5,244 (-25.7%), from €20,368 to €15,124
mainly Net result for the year (-€25,903) and Tax, wage and social debts (-€1,937)
- Profit (loss) carried forward -€25,903
down €25,903 (-41.8%), from -€61,922 to -€87,825
- Write-downs +€14,397
new in 2025: €14,397
- Gross operating margin -€6,260
down €6,260 (-246.0%), from -€2,545 to -€8,804
- Financial income -€105
down €105 (-10.5%), from €1,005 to €899
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 | €308,691 | €281,417 | -€27,274 | -8.8% |
| Fixed assets | 21/28 | €7,005 | €4,629 | -€2,376 | -33.9% |
| Tangible fixed assets | 22/27 | €6,954 | €4,578 | -€2,376 | -34.2% |
| Land and buildings | 22 | €5,912 | €4,208 | -€1,705 | -28.8% |
| Plant, machinery and equipment | 23 | €479 | €258 | -€221 | -46.2% |
| Furniture and vehicles | 24 | €563 | €113 | -€450 | -80.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €301,686 | €276,788 | -€24,898 | -8.3% |
| Stocks and contracts in progress | 3 | €122,527 | €102,605 | -€19,922 | -16.3% |
| Stocks | 30/36 | €122,527 | €102,605 | -€19,922 | -16.3% |
| Amounts receivable within one year | 40/41 | €158,791 | €159,060 | +€268 | +0.2% |
| Trade receivables | 40 | €14,676 | €14,676 | = | 0.0% |
| Other amounts receivable | 41 | €144,115 | €144,384 | +€268 | +0.2% |
| Cash at bank and in hand | 54/58 | €20,368 | €15,124 | -€5,244 | -25.7% |
| Total equity and liabilities | 10/49 | €308,691 | €281,417 | -€27,274 | -8.8% |
| Equity | 10/15 | €35,160 | €9,257 | -€25,903 | -73.7% |
| Contributions | 10/11 | €93,208 | €93,208 | = | 0.0% |
| Reserves | 13 | €3,874 | €3,874 | = | 0.0% |
| Distributable reserves | 133 | €3,874 | €3,874 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,922 | -€87,825 | -€25,903 | -41.8% |
| Amounts payable | 17/49 | €273,531 | €272,161 | -€1,370 | -0.5% |
| Amounts payable within one year | 42/48 | €273,531 | €272,161 | -€1,370 | -0.5% |
| Trade debts | 44 | €32,367 | €30,556 | -€1,811 | -5.6% |
| Suppliers | 440/4 | €32,367 | €30,556 | -€1,811 | -5.6% |
| Taxes, remuneration and social security | 45 | €4,979 | €3,042 | -€1,937 | -38.9% |
| Taxes | 450/3 | €4,979 | €3,042 | -€1,937 | -38.9% |
| Other amounts payable | 47/48 | €236,185 | €238,563 | +€2,378 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,376 | €2,376 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €14,397 | +€14,397 | |
| Other operating charges | 640/8 | €845 | €857 | +€12 | +1.5% |
| Gross operating margin | 9900 | -€2,545 | -€8,804 | -€6,260 | -246.0% |
| Operating profit (loss) | 9901 | -€5,766 | -€26,435 | -€20,669 | -358.5% |
| Financial income | 75/76B | €1,005 | €899 | -€105 | -10.5% |
| Recurring financial income | 75 | €1,005 | €899 | -€105 | -10.5% |
| Financial charges | 65/66B | €406 | €368 | -€38 | -9.4% |
| Recurring financial charges | 65 | €406 | €368 | -€38 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,167 | -€25,903 | -€20,736 | -401.3% |
| Profit (loss) for the period | 9904 | -€5,167 | -€25,903 | -€20,736 | -401.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,167 | -€25,903 | -€20,736 | -401.3% |
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.