MEGATROMAX: 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.
MEGATROMAX
Largest movements
- Receivables within one year -€272,053
down €272,053 (-69.8%), from €389,579 to €117,526
of which Trade receivables: -€364,380
- Cash +€55,536
up €55,536 (+2,859%), from €1,942 to €57,478
mainly Receivables within one year (+€272,053) and Net result for the year (+€60,506)
- Debts after one year -€248,138
down €248,138 (-88.2%), from €281,248 to €33,110
- Profit (loss) carried forward +€60,506
up €60,506 (+77.1%), from -€78,478 to -€17,972
- Current portion of long-term debt -€22,714
down €22,714 (-69.8%), from €32,552 to €9,838
- Other debts -€10,310
down €10,310 (-99.0%), from €10,410 to €100
- Tax, wage and social debts +€6,802
up €6,802 (+12.8%), from €53,198 to €60,000
- Gross operating margin -€77,637
down €77,637 (-41.7%), from €186,316 to €108,679
- Taxes -€27,318
down €27,318 (-57.4%), from €47,564 to €20,246
- Other operating charges -€8,117
down €8,117 (-62.5%), from €12,990 to €4,874
- Financial income +€2,378
up €2,378 (+23,776,600%), from €0 to €2,378
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 | €463,277 | €244,636 | -€218,641 | -47.2% |
| Fixed assets | 21/28 | €38,210 | €38,066 | -€144 | -0.4% |
| Tangible fixed assets | 22/27 | €38,111 | €37,966 | -€144 | -0.4% |
| Plant, machinery and equipment | 23 | €2,610 | €4,975 | +€2,365 | +90.6% |
| Furniture and vehicles | 24 | €9,067 | €1,194 | -€7,872 | -86.8% |
| Other tangible fixed assets | 26 | €26,434 | €31,797 | +€5,363 | +20.3% |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €425,067 | €206,570 | -€218,497 | -51.4% |
| Amounts receivable within one year | 40/41 | €389,579 | €117,526 | -€272,053 | -69.8% |
| Trade receivables | 40 | €389,579 | €25,200 | -€364,380 | -93.5% |
| Other amounts receivable | 41 | - | €92,327 | +€92,327 | |
| Cash at bank and in hand | 54/58 | €1,942 | €57,478 | +€55,536 | +2,859% |
| Deferred charges and accrued income | 490/1 | €33,545 | €31,565 | -€1,979 | -5.9% |
| Total equity and liabilities | 10/49 | €463,277 | €244,636 | -€218,641 | -47.2% |
| Equity | 10/15 | €72,213 | €132,719 | +€60,506 | +83.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €132,099 | €132,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €112,000 | €112,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,478 | -€17,972 | +€60,506 | +77.1% |
| Amounts payable | 17/49 | €391,064 | €111,916 | -€279,147 | -71.4% |
| Amounts payable after more than one year | 17 | €281,248 | €33,110 | -€248,138 | -88.2% |
| Financial debts | 170/4 | €281,248 | €33,110 | -€248,138 | -88.2% |
| Amounts payable within one year | 42/48 | €109,816 | €78,807 | -€31,009 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €32,552 | €9,838 | -€22,714 | -69.8% |
| Trade debts | 44 | €13,655 | €8,869 | -€4,786 | -35.0% |
| Suppliers | 440/4 | €13,655 | €8,869 | -€4,786 | -35.0% |
| Taxes, remuneration and social security | 45 | €53,198 | €60,000 | +€6,802 | +12.8% |
| Taxes | 450/3 | €53,198 | €60,000 | +€6,802 | +12.8% |
| Other amounts payable | 47/48 | €10,410 | €100 | -€10,310 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,399 | €19,670 | -€728 | -3.6% |
| Other operating charges | 640/8 | €12,990 | €4,874 | -€8,117 | -62.5% |
| Gross operating margin | 9900 | €186,316 | €108,679 | -€77,637 | -41.7% |
| Operating profit (loss) | 9901 | €152,927 | €84,135 | -€68,792 | -45.0% |
| Financial income | 75/76B | €0 | €2,378 | +€2,378 | +23,776,600% |
| Recurring financial income | 75 | €0 | €2,378 | +€2,378 | +23,776,600% |
| Financial charges | 65/66B | €7,432 | €5,760 | -€1,672 | -22.5% |
| Recurring financial charges | 65 | €7,432 | €5,760 | -€1,672 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €145,495 | €80,753 | -€64,742 | -44.5% |
| Income taxes | 67/77 | €47,564 | €20,246 | -€27,318 | -57.4% |
| Profit (loss) for the period | 9904 | €97,930 | €60,506 | -€37,424 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €97,930 | €60,506 | -€37,424 | -38.2% |
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 23 October 2026 via checked.be.