MEGATOOL: 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.
MEGATOOL
Largest movements
- Tangible fixed assets -€35,441
down €35,441 (-20.5%), from €173,115 to €137,675
- Stocks and contracts +€20,821
up €20,821 (+45.7%), from €45,513 to €66,334
- Receivables within one year -€19,229
down €19,229 (-9.0%), from €214,722 to €195,494
of which Trade receivables: -€10,066
- Cash +€10,223
up €10,223 (+60.5%), from €16,887 to €27,110
mainly Depreciation (+€35,441) and Other debts (+€23,585)
- Trade debts -€25,912
down €25,912 (-80.8%), from €32,084 to €6,172
- Debts after one year -€23,703
down €23,703 (-20.1%), from €117,868 to €94,165
- Other debts +€23,585
up €23,585 (+47.9%), from €49,268 to €72,852
- Short-term financial debts -€5,861
down €5,861 (-100.0%), from €5,861 to €0
of which Other loans: -€5,861
- Profit (loss) carried forward +€4,663
up €4,663 (+12.1%), from -€38,447 to -€33,784
- Gross operating margin -€17,162
down €17,162 (-11.9%), from €144,457 to €127,295
- Staff costs +€5,978
up €5,978 (+8.6%), from €69,295 to €75,272
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €450,708 | €427,129 | -€23,579 | -5.2% |
| Fixed assets | 21/28 | €173,115 | €137,675 | -€35,441 | -20.5% |
| Tangible fixed assets | 22/27 | €173,115 | €137,675 | -€35,441 | -20.5% |
| Plant, machinery and equipment | 23 | €3,304 | €1,910 | -€1,394 | -42.2% |
| Furniture and vehicles | 24 | €33,084 | €22,810 | -€10,275 | -31.1% |
| Leasing and similar rights | 25 | €33,816 | €22,544 | -€11,272 | -33.3% |
| Other tangible fixed assets | 26 | €102,911 | €90,411 | -€12,500 | -12.1% |
| Current assets | 29/58 | €277,592 | €289,454 | +€11,862 | +4.3% |
| Stocks and contracts in progress | 3 | €45,513 | €66,334 | +€20,821 | +45.7% |
| Stocks | 30/36 | €45,513 | €66,334 | +€20,821 | +45.7% |
| Amounts receivable within one year | 40/41 | €214,722 | €195,494 | -€19,229 | -9.0% |
| Trade receivables | 40 | €103,583 | €93,517 | -€10,066 | -9.7% |
| Other amounts receivable | 41 | €111,139 | €101,976 | -€9,163 | -8.2% |
| Cash at bank and in hand | 54/58 | €16,887 | €27,110 | +€10,223 | +60.5% |
| Deferred charges and accrued income | 490/1 | €470 | €516 | +€47 | +9.9% |
| Total equity and liabilities | 10/49 | €450,708 | €427,129 | -€23,579 | -5.2% |
| Equity | 10/15 | €190,598 | €195,261 | +€4,663 | +2.4% |
| 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 | €167,545 | €167,545 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Legal reserve | 130 | €0 | - | = | |
| Distributable reserves | 133 | €167,545 | €167,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,447 | -€33,784 | +€4,663 | +12.1% |
| Amounts payable | 17/49 | €260,109 | €231,868 | -€28,241 | -10.9% |
| Amounts payable after more than one year | 17 | €117,868 | €94,165 | -€23,703 | -20.1% |
| Financial debts | 170/4 | €117,868 | €94,165 | -€23,703 | -20.1% |
| Amounts payable within one year | 42/48 | €142,242 | €137,703 | -€4,539 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €23,361 | €25,452 | +€2,091 | +9.0% |
| Financial debts | 43 | €5,861 | €0 | -€5,861 | -100.0% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €5,861 | €0 | -€5,861 | -100.0% |
| Trade debts | 44 | €32,084 | €6,172 | -€25,912 | -80.8% |
| Suppliers | 440/4 | €32,084 | €6,172 | -€25,912 | -80.8% |
| Taxes, remuneration and social security | 45 | €31,669 | €33,227 | +€1,558 | +4.9% |
| Taxes | 450/3 | €15,301 | €1,290 | -€14,011 | -91.6% |
| Remuneration and social security | 454/9 | €16,368 | €31,937 | +€15,569 | +95.1% |
| Other amounts payable | 47/48 | €49,268 | €72,852 | +€23,585 | +47.9% |
| Remuneration, social security and pensions | 62 | €69,295 | €75,272 | +€5,978 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,636 | €35,441 | -€1,196 | -3.3% |
| Other operating charges | 640/8 | €1,400 | €2,454 | +€1,055 | +75.3% |
| Gross operating margin | 9900 | €144,457 | €127,295 | -€17,162 | -11.9% |
| Operating profit (loss) | 9901 | €37,126 | €14,128 | -€22,999 | -61.9% |
| Financial income | 75/76B | €1,093 | €670 | -€423 | -38.7% |
| Recurring financial income | 75 | €1,093 | €670 | -€423 | -38.7% |
| Financial charges | 65/66B | €10,172 | €10,135 | -€37 | -0.4% |
| Recurring financial charges | 65 | €10,172 | €10,135 | -€37 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €28,047 | €4,663 | -€23,385 | -83.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €28,047 | €4,663 | -€23,385 | -83.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,047 | €4,663 | -€23,385 | -83.4% |
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.