Megaqua: 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.
Megaqua
Largest movements
- Stocks and contracts +€12,861
up €12,861 (+164.0%), from €7,842 to €20,703
- Tangible fixed assets -€9,102
down €9,102 (-30.5%), from €29,860 to €20,757
of which Plant, machinery and equipment: -€7,269
- Receivables within one year +€8,361
up €8,361 (+62.0%), from €13,495 to €21,856
of which Trade receivables: +€12,725
- Deferred charges and accrued income +€3,882
up €3,882, from €0 to €3,882
- Cash -€1,808
down €1,808 (-52.3%), from €3,455 to €1,648
mainly Stocks and contracts (-€12,861) and Receivables within one year (-€8,361)
- Other debts +€12,961
up €12,961 (+68.2%), from €19,013 to €31,974
- Trade debts +€7,567
up €7,567 (+519.1%), from €1,458 to €9,025
- Tax, wage and social debts -€6,447
down €6,447 (-70.0%), from €9,213 to €2,766
- Financial charges +€628
up €628 (+17.1%), from €3,674 to €4,302
- Taxes +€605
up €605 (+37.8%), from €1,600 to €2,205
- Gross operating margin +€470
up €470 (+2.9%), from €16,422 to €16,891
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 | €54,652 | €68,845 | +€14,194 | +26.0% |
| Fixed assets | 21/28 | €29,860 | €20,757 | -€9,102 | -30.5% |
| Tangible fixed assets | 22/27 | €29,860 | €20,757 | -€9,102 | -30.5% |
| Plant, machinery and equipment | 23 | €26,841 | €19,572 | -€7,269 | -27.1% |
| Furniture and vehicles | 24 | €3,019 | €1,185 | -€1,833 | -60.7% |
| Current assets | 29/58 | €24,792 | €48,088 | +€23,296 | +94.0% |
| Stocks and contracts in progress | 3 | €7,842 | €20,703 | +€12,861 | +164.0% |
| Stocks | 30/36 | €7,842 | €20,703 | +€12,861 | +164.0% |
| Amounts receivable within one year | 40/41 | €13,495 | €21,856 | +€8,361 | +62.0% |
| Trade receivables | 40 | €9,095 | €21,820 | +€12,725 | +139.9% |
| Other amounts receivable | 41 | €4,400 | €36 | -€4,364 | -99.2% |
| Cash at bank and in hand | 54/58 | €3,455 | €1,648 | -€1,808 | -52.3% |
| Deferred charges and accrued income | 490/1 | €0 | €3,882 | +€3,882 | |
| Total equity and liabilities | 10/49 | €54,652 | €68,845 | +€14,194 | +26.0% |
| Equity | 10/15 | €24,968 | €25,081 | +€113 | +0.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,968 | €20,081 | +€113 | +0.6% |
| Distributable reserves | 133 | €19,968 | €20,081 | +€113 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €29,683 | €43,765 | +€14,081 | +47.4% |
| Amounts payable within one year | 42/48 | €29,683 | €43,765 | +€14,081 | +47.4% |
| Trade debts | 44 | €1,458 | €9,025 | +€7,567 | +519.1% |
| Suppliers | 440/4 | €1,458 | €9,025 | +€7,567 | +519.1% |
| Taxes, remuneration and social security | 45 | €9,213 | €2,766 | -€6,447 | -70.0% |
| Taxes | 450/3 | €9,213 | €2,766 | -€6,447 | -70.0% |
| Other amounts payable | 47/48 | €19,013 | €31,974 | +€12,961 | +68.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,102 | €9,102 | = | 0.0% |
| Other operating charges | 640/8 | €1,133 | €1,246 | +€112 | +9.9% |
| Gross operating margin | 9900 | €16,422 | €16,891 | +€470 | +2.9% |
| Operating profit (loss) | 9901 | €6,186 | €6,544 | +€357 | +5.8% |
| Financial income | 75/76B | €17 | €75 | +€58 | +339.2% |
| Recurring financial income | 75 | €17 | €75 | +€58 | +339.2% |
| Financial charges | 65/66B | €3,674 | €4,302 | +€628 | +17.1% |
| Recurring financial charges | 65 | €3,674 | €4,302 | +€628 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €2,530 | €2,317 | -€212 | -8.4% |
| Income taxes | 67/77 | €1,600 | €2,205 | +€605 | +37.8% |
| Profit (loss) for the period | 9904 | €930 | €113 | -€817 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €930 | €113 | -€817 | -87.9% |
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 10 October 2026 via checked.be.