Megaton: 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.
What changed
Megaton
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €1.5m+€118,176
Equity
€8.9m
2024 · €7.2m+€1.6m
Cash
€1.4m
2024 · €1.1m+€261,545
Balance sheet total
€21.5m
2024 · €21.6m-€26,865
Largest movements
Assets
- Stocks and contracts +€1.4m
up €1.4m (+68.1%), from €2.0m to €3.4m
- Receivables within one year -€944,970
down €944,970 (-10.3%), from €9.2m to €8.3m
of which Trade receivables: -€929,073
- Financial fixed assets -€643,068
down €643,068 (-45.7%), from €1.4m to €763,510
- Cash +€261,545
up €261,545 (+23.4%), from €1.1m to €1.4m
mainly Net result for the year (+€1.6m) and Depreciation (+€952,304)
Equity and liabilities
- Reserves +€1.6m
up €1.6m (+22.6%), from €7.2m to €8.8m
of which Distributable reserves: +€1.6m
- Other debts -€1.0m
down €1.0m (-96.9%), from €1.0m to €32,226
- Trade debts -€669,757
down €669,757 (-6.9%), from €9.8m to €9.1m
- Debts after one year +€248,333
up €248,333 (+11.9%), from €2.1m to €2.3m
of which Other amounts payable: +€785,000
Income statement
- Turnover -€5.4m
down €5.4m (-13.5%), from €39.8m to €34.4m
- Goods and materials -€3.6m
down €3.6m (-12.7%), from €28.5m to €24.9m
of which Purchases: -€3.6m
- Services and other goods -€1.2m
down €1.2m (-22.0%), from €5.6m to €4.4m
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.
Result 2024
€1.5m
Turnover
-€5.4m
Other operating income
-€118,559
Goods and materials
+€3.6m
Services and other goods
+€1.2m
Staff costs
-€58,088
Depreciation
-€300,112
Write-downs
-€33,827
Other operating charges
+€238,955
Other operating items
+€800,452
Financial income
-€1
Financial charges
+€17,592
Taxes
+€75,291
Result 2025
€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€330,752
Investment
-€192,541
Financing
+€123,333
Cash 2024
€1.1m
From operations (derived)
+€330,752
Net result for the year
+€1.6m
Depreciation
+€952,304
Stocks and contracts
-€1.4m
Receivables within one year
+€944,970
Deferred charges and accrued income
-€22,728
Trade debts
-€669,757
Tax, wage and social debts
-€82,688
Other debts
-€1.0m
Accrued charges and deferred income
-€13,889
Investment (derived)
-€192,541
Investment in fixed assets (net)
-€192,541
Financing
+€123,333
Debts after one year
+€248,333
Current portion of long-term debt
-€125,000
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,564,851 | €21,537,986 | -€26,865 | -0.1% |
| Fixed assets | 21/28 | €9,185,512 | €8,425,749 | -€759,763 | -8.3% |
| Tangible fixed assets | 22/27 | €7,778,933 | €7,662,238 | -€116,695 | -1.5% |
| Land and buildings | 22 | €6,681,564 | €6,324,395 | -€357,170 | -5.3% |
| Plant, machinery and equipment | 23 | €524,177 | €789,034 | +€264,858 | +50.5% |
| Furniture and vehicles | 24 | €573,192 | €548,809 | -€24,383 | -4.3% |
| Financial fixed assets | 28 | €1,406,579 | €763,510 | -€643,068 | -45.7% |
| Affiliated companies | 280/1 | €1,406,579 | €763,510 | -€643,068 | -45.7% |
| Participating interests | 280 | €661,579 | €761,579 | +€100,000 | +15.1% |
| Amounts receivable | 281 | €745,000 | €1,932 | -€743,068 | -99.7% |
| Current assets | 29/58 | €12,379,339 | €13,112,237 | +€732,898 | +5.9% |
| Stocks and contracts in progress | 3 | €2,047,234 | €3,440,830 | +€1.4m | +68.1% |
| Stocks | 30/36 | €2,047,234 | €3,440,830 | +€1.4m | +68.1% |
| Raw materials and consumables | 30/31 | €1,295,254 | €1,543,704 | +€248,450 | +19.2% |
| Finished goods | 33 | €751,980 | €1,897,126 | +€1.1m | +152% |
| Amounts receivable within one year | 40/41 | €9,212,916 | €8,267,945 | -€944,970 | -10.3% |
| Trade receivables | 40 | €8,960,982 | €8,031,909 | -€929,073 | -10.4% |
| Other amounts receivable | 41 | €251,934 | €236,036 | -€15,898 | -6.3% |
| Cash at bank and in hand | 54/58 | €1,119,189 | €1,380,734 | +€261,545 | +23.4% |
| Deferred charges and accrued income | 490/1 | €0 | €22,728 | +€22,728 | |
| Total equity and liabilities | 10/49 | €21,564,851 | €21,537,986 | -€26,865 | -0.1% |
| Equity | 10/15 | €7,243,260 | €8,863,845 | +€1.6m | +22.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €7,181,509 | €8,801,509 | +€1.6m | +22.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,359 | €25,359 | = | 0.0% |
| Distributable reserves | 133 | €7,150,000 | €8,770,000 | +€1.6m | +22.7% |
| Profit (loss) carried forward | 14 | €250 | €836 | +€585 | +234% |
| Amounts payable | 17/49 | €14,321,591 | €12,674,141 | -€1.6m | -11.5% |
| Amounts payable after more than one year | 17 | €2,090,000 | €2,338,333 | +€248,333 | +11.9% |
| Financial debts | 170/4 | €2,020,000 | €1,483,333 | -€536,667 | -26.6% |
| Credit institutions | 173 | €2,020,000 | €1,483,333 | -€536,667 | -26.6% |
| Other amounts payable | 178/9 | €70,000 | €855,000 | +€785,000 | +1,121% |
| Amounts payable within one year | 42/48 | €12,215,198 | €10,333,304 | -€1.9m | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €661,667 | €536,667 | -€125,000 | -18.9% |
| Trade debts | 44 | €9,775,165 | €9,105,408 | -€669,757 | -6.9% |
| Suppliers | 440/4 | €9,775,165 | €9,105,408 | -€669,757 | -6.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €741,691 | €659,003 | -€82,688 | -11.1% |
| Taxes | 450/3 | €207,036 | €167,167 | -€39,869 | -19.3% |
| Remuneration and social security | 454/9 | €534,655 | €491,836 | -€42,819 | -8.0% |
| Other amounts payable | 47/48 | €1,036,675 | €32,226 | -€1.0m | -96.9% |
| Accrued charges and deferred income | 492/3 | €16,393 | €2,504 | -€13,889 | -84.7% |
| Operating income | 70/76A | €40,683,371 | €36,002,467 | -€4.7m | -11.5% |
| Turnover | 70 | €39,816,951 | €34,449,155 | -€5.4m | -13.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €338,994 | €1,145,146 | +€806,152 | +238% |
| Other operating income | 74 | €522,026 | €403,467 | -€118,559 | -22.7% |
| Non-recurring operating income | 76A | €5,400 | €4,700 | -€700 | -13.0% |
| Operating charges | 60/66A | €38,589,482 | €33,883,283 | -€4.7m | -12.2% |
| Goods for resale, raw materials and consumables | 60 | €28,493,159 | €24,865,566 | -€3.6m | -12.7% |
| Purchases | 600/8 | €28,690,971 | €25,114,016 | -€3.6m | -12.5% |
| Change in stocks: decrease (increase) | 609 | -€197,812 | -€248,450 | -€50,638 | -25.6% |
| Services and other goods | 61 | €5,609,928 | €4,373,250 | -€1.2m | -22.0% |
| Remuneration, social security and pensions | 62 | €3,434,680 | €3,492,768 | +€58,088 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €652,192 | €952,304 | +€300,112 | +46.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €33,827 | +€33,827 | |
| Other operating charges | 640/8 | €399,523 | €160,569 | -€238,955 | -59.8% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Operating profit (loss) | 9901 | €2,093,890 | €2,119,184 | +€25,294 | +1.2% |
| Financial income | 75/76B | €2 | €0 | -€1 | -81.2% |
| Recurring financial income | 75 | €2 | €0 | -€1 | -81.2% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €2 | €0 | -€1 | -81.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €75,023 | €57,431 | -€17,592 | -23.4% |
| Recurring financial charges | 65 | €75,023 | €57,431 | -€17,592 | -23.4% |
| Debt charges | 650 | €71,559 | €53,941 | -€17,618 | -24.6% |
| Other financial charges | 652/9 | €3,464 | €3,490 | +€26 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €2,018,868 | €2,061,753 | +€42,885 | +2.1% |
| Income taxes | 67/77 | €516,459 | €441,168 | -€75,291 | -14.6% |
| Taxes | 670/3 | €516,459 | €441,168 | -€75,291 | -14.6% |
| Profit (loss) for the period | 9904 | €1,502,409 | €1,620,585 | +€118,176 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,502,409 | €1,620,585 | +€118,176 | +7.9% |
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 14 October 2026 via checked.be.