MEGASTAR GROUP: 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.
MEGASTAR GROUP
Largest movements
- Receivables within one year +€15,165
up €15,165 (+1,185%), from €1,280 to €16,445
of which Trade receivables: +€15,165
- Stocks and contracts +€13,619
up €13,619 (+26.3%), from €51,693 to €65,311
- Cash +€13,328
up €13,328 (+142%), from €9,396 to €22,724
mainly Tax, wage and social debts (+€29,260) and Trade debts (+€20,062)
- Tax, wage and social debts +€29,260
up €29,260 (+66.6%), from €43,905 to €73,165
of which Remuneration and social security: +€34,838
- Trade debts +€20,062
up €20,062 (+137%), from €14,634 to €34,696
- Short-term financial debts -€5,576
down €5,576 (-53.5%), from €10,425 to €4,849
- Debts after one year -€4,849
no longer reported in 2025 (was €4,849)
- Profit (loss) carried forward +€3,503
up €3,503 (+3.9%), from -€88,875 to -€85,372
- Turnover +€119,077
up €119,077 (+5.9%), from €2.0m to €2.1m
- Purchases and services +€85,503
up €85,503 (+4.5%), from €1.9m to €2.0m
- Gross operating margin +€39,613
up €39,613 (+38.2%), from €103,823 to €143,437
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 | €79,938 | €122,338 | +€42,400 | +53.0% |
| Fixed assets | 21/28 | €17,569 | €17,858 | +€288 | +1.6% |
| Tangible fixed assets | 22/27 | €4,358 | €4,646 | +€288 | +6.6% |
| Furniture and vehicles | 24 | - | €1,178 | +€1,178 | |
| Other tangible fixed assets | 26 | €4,358 | €3,469 | -€889 | -20.4% |
| Financial fixed assets | 28 | €13,212 | €13,212 | = | 0.0% |
| Current assets | 29/58 | €62,369 | €104,480 | +€42,111 | +67.5% |
| Stocks and contracts in progress | 3 | €51,693 | €65,311 | +€13,619 | +26.3% |
| Stocks | 30/36 | €51,693 | €65,311 | +€13,619 | +26.3% |
| Amounts receivable within one year | 40/41 | €1,280 | €16,445 | +€15,165 | +1,185% |
| Trade receivables | 40 | - | €15,165 | +€15,165 | |
| Other amounts receivable | 41 | €1,280 | €1,280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,396 | €22,724 | +€13,328 | +142% |
| Total equity and liabilities | 10/49 | €79,938 | €122,338 | +€42,400 | +53.0% |
| Equity | 10/15 | €4,625 | €8,128 | +€3,503 | +75.7% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €8,500 | €8,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,500 | €8,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,875 | -€85,372 | +€3,503 | +3.9% |
| Amounts payable | 17/49 | €75,313 | €114,210 | +€38,897 | +51.6% |
| Amounts payable after more than one year | 17 | €4,849 | - | -€4,849 | |
| Other amounts payable | 178/9 | €4,849 | - | -€4,849 | |
| Amounts payable within one year | 42/48 | €70,464 | €114,210 | +€43,746 | +62.1% |
| Financial debts | 43 | €10,425 | €4,849 | -€5,576 | -53.5% |
| Other loans | 439 | €10,425 | €4,849 | -€5,576 | -53.5% |
| Trade debts | 44 | €14,634 | €34,696 | +€20,062 | +137% |
| Suppliers | 440/4 | €14,634 | €34,696 | +€20,062 | +137% |
| Taxes, remuneration and social security | 45 | €43,905 | €73,165 | +€29,260 | +66.6% |
| Taxes | 450/3 | €20,533 | €14,956 | -€5,578 | -27.2% |
| Remuneration and social security | 454/9 | €23,372 | €58,209 | +€34,838 | +149% |
| Other amounts payable | 47/48 | €1,500 | €1,500 | = | 0.0% |
| Turnover | 70 | €2,017,875 | €2,136,952 | +€119,077 | +5.9% |
| Non-recurring operating income | 76A | €1,099 | €4,248 | +€3,149 | +286% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,919,209 | €2,004,712 | +€85,503 | +4.5% |
| Remuneration, social security and pensions | 62 | €77,352 | €90,276 | +€12,924 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €889 | €1,066 | +€176 | +19.8% |
| Other operating charges | 640/8 | €4,124 | €10,002 | +€5,878 | +143% |
| Non-recurring operating charges | 66A | - | €24,658 | +€24,658 | |
| Gross operating margin | 9900 | €103,823 | €143,437 | +€39,613 | +38.2% |
| Operating profit (loss) | 9901 | €21,458 | €17,435 | -€4,023 | -18.7% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €1,185 | €13,955 | +€12,770 | +1,077% |
| Recurring financial charges | 65 | €1,185 | €13,955 | +€12,770 | +1,077% |
| Profit (loss) for the period before taxes | 9903 | €20,273 | €3,503 | -€16,770 | -82.7% |
| Income taxes | 67/77 | -€1,000 | - | +€1,000 | |
| Profit (loss) for the period | 9904 | €21,273 | €3,503 | -€17,770 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,273 | €3,503 | -€17,770 | -83.5% |
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 14 October 2026 via checked.be.