MEGALIGHT: 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.
MEGALIGHT
Largest movements
- Receivables within one year -€23,205
down €23,205 (-37.2%), from €62,458 to €39,253
of which Trade receivables: -€17,020
- Tangible fixed assets -€9,075
down €9,075 (-28.6%), from €31,747 to €22,672
of which Furniture and vehicles: -€6,674
- Stocks and contracts -€6,973
down €6,973 (-6.2%), from €113,162 to €106,189
- Cash +€2,925
up €2,925 (+1608.5%), from €182 to €3,107
mainly Receivables within one year (+€23,205) and Depreciation (+€9,075)
- Trade debts -€35,140
down €35,140 (-87.3%), from €40,239 to €5,099
- Reserves -€7,243
down €7,243 (-11.2%), from €64,450 to €57,207
of which Distributable reserves: -€7,243
- Tax, wage and social debts +€4,840
up €4,840 (+16.6%), from €29,212 to €34,051
of which Taxes: +€5,052
- Staff costs +€3,880
up €3,880 (+4.6%), from €84,300 to €88,180
- Gross operating margin -€3,489
down €3,489 (-3.5%), from €100,271 to €96,783
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 | €208,875 | €172,149 | -€36,726 | -17.6% |
| Fixed assets | 21/28 | €31,977 | €22,902 | -€9,075 | -28.4% |
| Tangible fixed assets | 22/27 | €31,747 | €22,672 | -€9,075 | -28.6% |
| Land and buildings | 22 | €13,716 | €13,716 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,144 | €5,743 | -€2,401 | -29.5% |
| Furniture and vehicles | 24 | €9,887 | €3,213 | -€6,674 | -67.5% |
| Financial fixed assets | 28 | €230 | €230 | = | 0.0% |
| Current assets | 29/58 | €176,898 | €149,247 | -€27,651 | -15.6% |
| Stocks and contracts in progress | 3 | €113,162 | €106,189 | -€6,973 | -6.2% |
| Stocks | 30/36 | €113,162 | €106,189 | -€6,973 | -6.2% |
| Amounts receivable within one year | 40/41 | €62,458 | €39,253 | -€23,205 | -37.2% |
| Trade receivables | 40 | €56,274 | €39,253 | -€17,020 | -30.2% |
| Other amounts receivable | 41 | €6,184 | €0 | -€6,184 | -100.0% |
| Cash at bank and in hand | 54/58 | €182 | €3,107 | +€2,925 | +1608.5% |
| Deferred charges and accrued income | 490/1 | €1,096 | €697 | -€399 | -36.4% |
| Total equity and liabilities | 10/49 | €208,875 | €172,149 | -€36,726 | -17.6% |
| Equity | 10/15 | €126,424 | €119,181 | -€7,243 | -5.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €64,450 | €57,207 | -€7,243 | -11.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €58,253 | €51,010 | -€7,243 | -12.4% |
| Amounts payable | 17/49 | €82,451 | €52,969 | -€29,482 | -35.8% |
| Amounts payable after more than one year | 17 | €13,000 | €13,000 | = | 0.0% |
| Financial debts | 170/4 | €13,000 | €13,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,451 | €39,969 | -€29,482 | -42.5% |
| Financial debts | 43 | - | €139 | +€139 | |
| Credit institutions | 430/8 | - | €139 | +€139 | |
| Trade debts | 44 | €40,239 | €5,099 | -€35,140 | -87.3% |
| Suppliers | 440/4 | €40,239 | €5,099 | -€35,140 | -87.3% |
| Taxes, remuneration and social security | 45 | €29,212 | €34,051 | +€4,840 | +16.6% |
| Taxes | 450/3 | €17,296 | €22,348 | +€5,052 | +29.2% |
| Remuneration and social security | 454/9 | €11,915 | €11,703 | -€212 | -1.8% |
| Other amounts payable | 47/48 | - | €679 | +€679 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €84,300 | €88,180 | +€3,880 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,914 | €9,075 | +€161 | +1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,995 | €5,657 | -€338 | -5.6% |
| Gross operating margin | 9900 | €100,271 | €96,783 | -€3,489 | -3.5% |
| Operating profit (loss) | 9901 | €1,062 | -€6,129 | -€7,192 | |
| Financial income | 75/76B | €578 | €358 | -€220 | -38.0% |
| Recurring financial income | 75 | €578 | €358 | -€220 | -38.0% |
| Financial charges | 65/66B | €1,206 | €1,296 | +€90 | +7.4% |
| Recurring financial charges | 65 | €1,206 | €1,296 | +€90 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €434 | -€7,067 | -€7,501 | |
| Income taxes | 67/77 | €191 | €176 | -€15 | -7.7% |
| Profit (loss) for the period | 9904 | €243 | -€7,243 | -€7,486 | |
| Profit (loss) for the period to be appropriated | 9905 | €243 | -€7,243 | -€7,486 |
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.