MEGELA: 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.
MEGELA
Largest movements
- Cash +€7,888
up €7,888 (+17.0%), from €46,478 to €54,367
mainly Net result for the year (+€9,271) and Depreciation (+€7,730)
- Tangible fixed assets -€7,730
down €7,730 (-24.9%), from €31,072 to €23,342
of which Furniture and vehicles: -€6,780
- Deferred charges and accrued income +€2,828
up €2,828 (+718.8%), from €393 to €3,222
- Other debts -€9,716
down €9,716 (-99.2%), from €9,797 to €81
- Profit (loss) carried forward +€9,271
up €9,271 (+28.1%), from €32,980 to €42,251
- Tax, wage and social debts +€6,829
up €6,829 (+61.6%), from €11,086 to €17,916
- Debts after one year -€5,121
down €5,121 (-28.6%), from €17,914 to €12,793
- Trade debts +€1,520
up €1,520 (+609.8%), from €249 to €1,769
- Gross operating margin -€27,694
down €27,694 (-54.8%), from €50,555 to €22,861
- Taxes -€5,027
down €5,027 (-52.3%), from €9,603 to €4,577
- Depreciation +€1,902
up €1,902 (+32.6%), from €5,828 to €7,730
- Other operating charges -€561
down €561 (-65.5%), from €856 to €295
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 | €77,944 | €80,931 | +€2,986 | +3.8% |
| Fixed assets | 21/28 | €31,072 | €23,342 | -€7,730 | -24.9% |
| Tangible fixed assets | 22/27 | €31,072 | €23,342 | -€7,730 | -24.9% |
| Plant, machinery and equipment | 23 | €8,643 | €7,693 | -€950 | -11.0% |
| Furniture and vehicles | 24 | €22,429 | €15,649 | -€6,780 | -30.2% |
| Current assets | 29/58 | €46,872 | €57,588 | +€10,716 | +22.9% |
| Cash at bank and in hand | 54/58 | €46,478 | €54,367 | +€7,888 | +17.0% |
| Deferred charges and accrued income | 490/1 | €393 | €3,222 | +€2,828 | +718.8% |
| Total equity and liabilities | 10/49 | €77,944 | €80,931 | +€2,986 | +3.8% |
| Equity | 10/15 | €33,980 | €43,251 | +€9,271 | +27.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,980 | €42,251 | +€9,271 | +28.1% |
| Amounts payable | 17/49 | €43,964 | €37,680 | -€6,284 | -14.3% |
| Amounts payable after more than one year | 17 | €17,914 | €12,793 | -€5,121 | -28.6% |
| Financial debts | 170/4 | €17,914 | €12,793 | -€5,121 | -28.6% |
| Amounts payable within one year | 42/48 | €26,050 | €24,887 | -€1,163 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €4,917 | €5,121 | +€204 | +4.2% |
| Trade debts | 44 | €249 | €1,769 | +€1,520 | +609.8% |
| Suppliers | 440/4 | €249 | €1,769 | +€1,520 | +609.8% |
| Taxes, remuneration and social security | 45 | €11,086 | €17,916 | +€6,829 | +61.6% |
| Taxes | 450/3 | €11,086 | €17,916 | +€6,829 | +61.6% |
| Other amounts payable | 47/48 | €9,797 | €81 | -€9,716 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,828 | €7,730 | +€1,902 | +32.6% |
| Other operating charges | 640/8 | €856 | €295 | -€561 | -65.5% |
| Gross operating margin | 9900 | €50,555 | €22,861 | -€27,694 | -54.8% |
| Operating profit (loss) | 9901 | €43,871 | €14,836 | -€29,035 | -66.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,288 | €989 | -€299 | -23.2% |
| Recurring financial charges | 65 | €1,288 | €989 | -€299 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €42,583 | €13,848 | -€28,736 | -67.5% |
| Income taxes | 67/77 | €9,603 | €4,577 | -€5,027 | -52.3% |
| Profit (loss) for the period | 9904 | €32,980 | €9,271 | -€23,709 | -71.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,980 | €9,271 | -€23,709 | -71.9% |
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 12 October 2026 via checked.be.