MEGAMTEX: 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.
MEGAMTEX
Largest movements
- Stocks and contracts +€62,200
up €62,200 (+44.3%), from €140,300 to €202,500
- Receivables within one year -€43,928
down €43,928 (-53.0%), from €82,961 to €39,033
of which Trade receivables: -€26,357
- Cash +€26,063
up €26,063 (+90.1%), from €28,937 to €55,000
mainly Receivables within one year (+€43,928) and Tax, wage and social debts (+€43,667)
- Receivables after one year -€10,929
down €10,929 (-32.7%), from €33,402 to €22,474
- Tangible fixed assets -€6,484
down €6,484 (-37.1%), from €17,494 to €11,010
of which Plant, machinery and equipment: -€3,737
- Tax, wage and social debts +€43,667
up €43,667 (+261.9%), from €16,676 to €60,343
of which Remuneration and social security: +€43,099
- Trade debts -€20,856
down €20,856 (-12.0%), from €174,117 to €153,261
- Profit (loss) carried forward +€9,605
up €9,605 (+12.3%), from €77,943 to €87,549
- Other debts -€5,495
down €5,495 (-20.9%), from €26,298 to €20,803
- Staff costs +€80,402
up €80,402 (+46.0%), from €174,670 to €255,072
- Gross operating margin +€75,731
up €75,731 (+36.9%), from €205,466 to €281,198
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 | €303,095 | €330,017 | +€26,922 | +8.9% |
| Fixed assets | 21/28 | €17,494 | €11,010 | -€6,484 | -37.1% |
| Tangible fixed assets | 22/27 | €17,494 | €11,010 | -€6,484 | -37.1% |
| Plant, machinery and equipment | 23 | €9,613 | €5,876 | -€3,737 | -38.9% |
| Furniture and vehicles | 24 | €7,881 | €5,133 | -€2,747 | -34.9% |
| Current assets | 29/58 | €285,601 | €319,007 | +€33,406 | +11.7% |
| Amounts receivable after more than one year | 29 | €33,402 | €22,474 | -€10,929 | -32.7% |
| Other amounts receivable | 291 | €33,402 | €22,474 | -€10,929 | -32.7% |
| Stocks and contracts in progress | 3 | €140,300 | €202,500 | +€62,200 | +44.3% |
| Stocks | 30/36 | €140,300 | €202,500 | +€62,200 | +44.3% |
| Amounts receivable within one year | 40/41 | €82,961 | €39,033 | -€43,928 | -53.0% |
| Trade receivables | 40 | €51,060 | €24,703 | -€26,357 | -51.6% |
| Other amounts receivable | 41 | €31,901 | €14,330 | -€17,571 | -55.1% |
| Cash at bank and in hand | 54/58 | €28,937 | €55,000 | +€26,063 | +90.1% |
| Total equity and liabilities | 10/49 | €303,095 | €330,017 | +€26,922 | +8.9% |
| Equity | 10/15 | €86,003 | €95,609 | +€9,605 | +11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,943 | €87,549 | +€9,605 | +12.3% |
| Amounts payable | 17/49 | €217,091 | €234,408 | +€17,317 | +8.0% |
| Amounts payable within one year | 42/48 | €217,091 | €234,408 | +€17,317 | +8.0% |
| Trade debts | 44 | €174,117 | €153,261 | -€20,856 | -12.0% |
| Suppliers | 440/4 | €174,117 | €153,261 | -€20,856 | -12.0% |
| Taxes, remuneration and social security | 45 | €16,676 | €60,343 | +€43,667 | +261.9% |
| Taxes | 450/3 | €3,054 | €3,622 | +€568 | +18.6% |
| Remuneration and social security | 454/9 | €13,622 | €56,721 | +€43,099 | +316.4% |
| Other amounts payable | 47/48 | €26,298 | €20,803 | -€5,495 | -20.9% |
| Non-recurring operating income | 76A | €3,621 | - | -€3,621 | |
| Remuneration, social security and pensions | 62 | €174,670 | €255,072 | +€80,402 | +46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,909 | €6,484 | -€2,425 | -27.2% |
| Other operating charges | 640/8 | €8,970 | €6,447 | -€2,523 | -28.1% |
| Gross operating margin | 9900 | €205,466 | €281,198 | +€75,731 | +36.9% |
| Operating profit (loss) | 9901 | €12,917 | €13,195 | +€277 | +2.1% |
| Financial income | 75/76B | €627 | €593 | -€33 | -5.3% |
| Recurring financial income | 75 | €627 | €593 | -€33 | -5.3% |
| Financial charges | 65/66B | €815 | €916 | +€100 | +12.3% |
| Recurring financial charges | 65 | €815 | €916 | +€100 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €12,729 | €12,872 | +€144 | +1.1% |
| Income taxes | 67/77 | €3,054 | €3,267 | +€213 | +7.0% |
| Profit (loss) for the period | 9904 | €9,675 | €9,605 | -€70 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,675 | €9,605 | -€70 | -0.7% |
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 5 October 2026 via checked.be.