Megalu: 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.
Megalu
Largest movements
- Cash +€27,544
up €27,544 (+153%), from €18,022 to €45,566
mainly Net result for the year (+€26,332) and Tax, wage and social debts (+€6,352)
- Receivables within one year +€4,986
up €4,986 (+203%), from €2,458 to €7,444
- Tangible fixed assets +€1,389
new in 2025: €1,389
- Reserves +€26,332
up €26,332 (+574%), from €4,585 to €30,917
- Tax, wage and social debts +€6,352
up €6,352 (+225%), from €2,826 to €9,178
- Trade debts +€1,816
up €1,816 (+819%), from €222 to €2,038
- Advances received -€582
down €582 (-76.4%), from €761 to €179
- Gross operating margin +€27,818
up €27,818 (+471%), from €5,902 to €33,720
- Taxes +€5,437
up €5,437 (+474%), from €1,146 to €6,583
- Other operating charges +€337
up €337 (+675%), from €50 to €387
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 | €21,164 | €55,083 | +€33,919 | +160% |
| Fixed assets | 21/28 | - | €1,389 | +€1,389 | |
| Tangible fixed assets | 22/27 | - | €1,389 | +€1,389 | |
| Plant, machinery and equipment | 23 | - | €1,389 | +€1,389 | |
| Current assets | 29/58 | €21,164 | €53,694 | +€32,530 | +154% |
| Amounts receivable within one year | 40/41 | €2,458 | €7,444 | +€4,986 | +203% |
| Trade receivables | 40 | €2,458 | €7,444 | +€4,986 | +203% |
| Cash at bank and in hand | 54/58 | €18,022 | €45,566 | +€27,544 | +153% |
| Deferred charges and accrued income | 490/1 | €684 | €684 | = | 0.0% |
| Total equity and liabilities | 10/49 | €21,164 | €55,083 | +€33,919 | +160% |
| Equity | 10/15 | €6,585 | €32,917 | +€26,332 | +400% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,585 | €30,917 | +€26,332 | +574% |
| Distributable reserves | 133 | €4,585 | €30,917 | +€26,332 | +574% |
| Amounts payable | 17/49 | €14,579 | €22,166 | +€7,587 | +52.0% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,579 | €12,166 | +€7,587 | +166% |
| Trade debts | 44 | €222 | €2,038 | +€1,816 | +819% |
| Suppliers | 440/4 | €222 | €2,038 | +€1,816 | +819% |
| Advances received on contracts in progress | 46 | €761 | €179 | -€582 | -76.4% |
| Taxes, remuneration and social security | 45 | €2,826 | €9,178 | +€6,352 | +225% |
| Taxes | 450/3 | €2,826 | €9,178 | +€6,352 | +225% |
| Other amounts payable | 47/48 | €770 | €770 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6 | +€6 | |
| Other operating charges | 640/8 | €50 | €387 | +€337 | +675% |
| Gross operating margin | 9900 | €5,902 | €33,720 | +€27,818 | +471% |
| Operating profit (loss) | 9901 | €5,852 | €33,326 | +€27,474 | +469% |
| Financial income | 75/76B | €15 | €44 | +€29 | +193% |
| Recurring financial income | 75 | €15 | €44 | +€29 | +193% |
| Financial charges | 65/66B | €136 | €455 | +€319 | +234% |
| Recurring financial charges | 65 | €136 | €455 | +€319 | +234% |
| Profit (loss) for the period before taxes | 9903 | €5,731 | €32,915 | +€27,184 | +474% |
| Income taxes | 67/77 | €1,146 | €6,583 | +€5,437 | +474% |
| Profit (loss) for the period | 9904 | €4,585 | €26,332 | +€21,747 | +474% |
| Profit (loss) for the period to be appropriated | 9905 | €4,585 | €26,332 | +€21,747 | +474% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.