Megalodon: 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.
Megalodon
Largest movements
- Cash +€79,819
up €79,819 (+126.7%), from €62,983 to €142,802
mainly Net result for the year (+€47,671) and Tax, wage and social debts (+€17,492)
- Tangible fixed assets -€10,837
down €10,837 (-75.3%), from €14,396 to €3,559
of which Furniture and vehicles: -€9,857
- Receivables within one year -€9,007
down €9,007 (-89.7%), from €10,039 to €1,032
of which Trade receivables: -€8,987
- Current investments +€4,857
up €4,857 (+2.1%), from €235,014 to €239,871
- Reserves +€47,671
up €47,671 (+16.7%), from €284,861 to €332,532
- Tax, wage and social debts +€17,492
up €17,492 (+126.1%), from €13,873 to €31,365
- Financial income -€7,332
down €7,332 (-35.5%), from €20,644 to €13,312
of which Non-recurring financial income: -€4,579
- Gross operating margin +€6,616
up €6,616 (+8.7%), from €76,349 to €82,965
- Financial charges +€4,526
up €4,526 (+111.6%), from €4,055 to €8,581
of which Non-recurring financial charges: +€6,050
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 | €323,858 | €388,878 | +€65,021 | +20.1% |
| Fixed assets | 21/28 | €14,396 | €3,559 | -€10,837 | -75.3% |
| Tangible fixed assets | 22/27 | €14,396 | €3,559 | -€10,837 | -75.3% |
| Plant, machinery and equipment | 23 | €1,973 | €993 | -€980 | -49.7% |
| Furniture and vehicles | 24 | €12,423 | €2,566 | -€9,857 | -79.3% |
| Current assets | 29/58 | €309,462 | €385,319 | +€75,858 | +24.5% |
| Amounts receivable within one year | 40/41 | €10,039 | €1,032 | -€9,007 | -89.7% |
| Trade receivables | 40 | €9,837 | €850 | -€8,987 | -91.4% |
| Other amounts receivable | 41 | €203 | €183 | -€20 | -9.8% |
| Current investments | 50/53 | €235,014 | €239,871 | +€4,857 | +2.1% |
| Cash at bank and in hand | 54/58 | €62,983 | €142,802 | +€79,819 | +126.7% |
| Deferred charges and accrued income | 490/1 | €1,425 | €1,614 | +€189 | +13.2% |
| Total equity and liabilities | 10/49 | €323,858 | €388,878 | +€65,021 | +20.1% |
| Equity | 10/15 | €303,461 | €351,132 | +€47,671 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €284,861 | €332,532 | +€47,671 | +16.7% |
| Distributable reserves | 133 | €284,861 | €332,532 | +€47,671 | +16.7% |
| Amounts payable | 17/49 | €20,397 | €37,746 | +€17,349 | +85.1% |
| Amounts payable within one year | 42/48 | €20,397 | €37,480 | +€17,083 | +83.8% |
| Current portion of amounts payable after more than one year | 42 | €1,906 | - | -€1,906 | |
| Trade debts | 44 | €1,857 | €2,032 | +€175 | +9.5% |
| Suppliers | 440/4 | €1,857 | €2,032 | +€175 | +9.5% |
| Taxes, remuneration and social security | 45 | €13,873 | €31,365 | +€17,492 | +126.1% |
| Taxes | 450/3 | €13,873 | €31,365 | +€17,492 | +126.1% |
| Other amounts payable | 47/48 | €2,760 | €4,082 | +€1,322 | +47.9% |
| Accrued charges and deferred income | 492/3 | - | €267 | +€267 | |
| Remuneration, social security and pensions | 62 | €247 | - | -€247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,201 | €10,837 | -€364 | -3.2% |
| Other operating charges | 640/8 | €2,678 | €2,936 | +€259 | +9.7% |
| Gross operating margin | 9900 | €76,349 | €82,965 | +€6,616 | +8.7% |
| Operating profit (loss) | 9901 | €62,224 | €69,192 | +€6,968 | +11.2% |
| Financial income | 75/76B | €20,644 | €13,312 | -€7,332 | -35.5% |
| Recurring financial income | 75 | €16,065 | €13,312 | -€2,754 | -17.1% |
| Non-recurring financial income | 76B | €4,579 | - | -€4,579 | |
| Financial charges | 65/66B | €4,055 | €8,581 | +€4,526 | +111.6% |
| Recurring financial charges | 65 | €4,055 | €2,531 | -€1,524 | -37.6% |
| Non-recurring financial charges | 66B | - | €6,050 | +€6,050 | |
| Profit (loss) for the period before taxes | 9903 | €78,813 | €73,923 | -€4,891 | -6.2% |
| Income taxes | 67/77 | €26,321 | €26,252 | -€69 | -0.3% |
| Profit (loss) for the period | 9904 | €52,493 | €47,671 | -€4,822 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,493 | €47,671 | -€4,822 | -9.2% |
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 7 October 2026 via checked.be.