MEGALOPOLE: 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.
MEGALOPOLE
Largest movements
- Receivables within one year -€168,646
down €168,646 (-70.4%), from €239,442 to €70,796
of which Trade receivables: -€146,668
- Cash -€21,634
down €21,634 (-66.6%), from €32,461 to €10,826
mainly Net result for the year (-€427,216) and Investment in fixed assets (net) (-€2,538)
- Tangible fixed assets -€19,068
down €19,068 (-9.2%), from €207,066 to €187,998
of which Land and buildings: -€15,046
- Profit (loss) carried forward -€427,216
down €427,216, from €93,582 to -€333,634
- Trade debts +€149,164
up €149,164 (+314%), from €47,506 to €196,669
- Debts after one year +€20,903
up €20,903 (+11.1%), from €188,080 to €208,983
- Short-term financial debts +€18,000
up €18,000 (+22.0%), from €82,000 to €100,000
- Other debts +€17,579
new in 2025: €17,579
- Gross operating margin -€347,436
down €347,436, from €26,018 to -€321,418
- Staff costs -€90,592
down €90,592 (-57.5%), from €157,565 to €66,973
- Other operating charges -€30,384
down €30,384 (-86.4%), from €35,150 to €4,766
- Taxes -€10,042
down €10,042 (-93.8%), from €10,705 to €663
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.
Derived cash bridge
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 | €482,400 | €272,949 | -€209,451 | -43.4% |
| Fixed assets | 21/28 | €207,816 | €189,984 | -€17,832 | -8.6% |
| Intangible fixed assets | 21 | - | €737 | +€737 | |
| Tangible fixed assets | 22/27 | €207,066 | €187,998 | -€19,068 | -9.2% |
| Land and buildings | 22 | €197,894 | €182,847 | -€15,046 | -7.6% |
| Plant, machinery and equipment | 23 | €592 | €427 | -€165 | -27.9% |
| Furniture and vehicles | 24 | €8,581 | €4,723 | -€3,857 | -45.0% |
| Financial fixed assets | 28 | €750 | €1,250 | +€500 | +66.7% |
| Current assets | 29/58 | €274,584 | €82,965 | -€191,619 | -69.8% |
| Amounts receivable within one year | 40/41 | €239,442 | €70,796 | -€168,646 | -70.4% |
| Trade receivables | 40 | €216,907 | €70,239 | -€146,668 | -67.6% |
| Other amounts receivable | 41 | €22,535 | €557 | -€21,978 | -97.5% |
| Cash at bank and in hand | 54/58 | €32,461 | €10,826 | -€21,634 | -66.6% |
| Deferred charges and accrued income | 490/1 | €2,681 | €1,342 | -€1,338 | -49.9% |
| Total equity and liabilities | 10/49 | €482,400 | €272,949 | -€209,451 | -43.4% |
| Equity | 10/15 | €114,042 | -€313,174 | -€427,216 | |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,582 | -€333,634 | -€427,216 | |
| Amounts payable | 17/49 | €368,357 | €586,123 | +€217,766 | +59.1% |
| Amounts payable after more than one year | 17 | €188,080 | €208,983 | +€20,903 | +11.1% |
| Financial debts | 170/4 | €188,080 | €208,983 | +€20,903 | +11.1% |
| Amounts payable within one year | 42/48 | €180,277 | €377,140 | +€196,863 | +109% |
| Current portion of amounts payable after more than one year | 42 | €32,956 | €47,382 | +€14,426 | +43.8% |
| Financial debts | 43 | €82,000 | €100,000 | +€18,000 | +22.0% |
| Credit institutions | 430/8 | €82,000 | €100,000 | +€18,000 | +22.0% |
| Trade debts | 44 | €47,506 | €196,669 | +€149,164 | +314% |
| Suppliers | 440/4 | €47,506 | €196,669 | +€149,164 | +314% |
| Taxes, remuneration and social security | 45 | €17,816 | €15,510 | -€2,306 | -12.9% |
| Taxes | 450/3 | €10,096 | €10,416 | +€320 | +3.2% |
| Remuneration and social security | 454/9 | €7,720 | €5,094 | -€2,626 | -34.0% |
| Other amounts payable | 47/48 | - | €17,579 | +€17,579 | |
| Remuneration, social security and pensions | 62 | €157,565 | €66,973 | -€90,592 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,653 | €20,370 | -€283 | -1.4% |
| Other operating charges | 640/8 | €35,150 | €4,766 | -€30,384 | -86.4% |
| Gross operating margin | 9900 | €26,018 | -€321,418 | -€347,436 | |
| Operating profit (loss) | 9901 | -€187,350 | -€413,526 | -€226,177 | -121% |
| Financial income | 75/76B | €3,747 | €5,465 | +€1,719 | +45.9% |
| Recurring financial income | 75 | €3,747 | €443 | -€3,304 | -88.2% |
| Non-recurring financial income | 76B | - | €5,023 | +€5,023 | |
| Financial charges | 65/66B | €18,658 | €18,492 | -€165 | -0.9% |
| Recurring financial charges | 65 | €18,658 | €18,492 | -€165 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | -€202,260 | -€426,553 | -€224,293 | -111% |
| Income taxes | 67/77 | €10,705 | €663 | -€10,042 | -93.8% |
| Profit (loss) for the period | 9904 | -€212,966 | -€427,216 | -€214,251 | -101% |
| Profit (loss) for the period to be appropriated | 9905 | -€212,966 | -€427,216 | -€214,251 | -101% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.