MEGENNAW: 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.
MEGENNAW
Largest movements
- Tangible fixed assets -€40,652
down €40,652 (-2.9%), from €1.4m to €1.3m
of which Land and buildings: -€24,948
- Other debts -€39,367
down €39,367 (-22.6%), from €174,151 to €134,784
- Gross operating margin -€1,715
down €1,715 (-3.9%), from €44,444 to €42,729
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 | €1,398,060 | €1,356,974 | -€41,086 | -2.9% |
| Fixed assets | 21/28 | €1,388,432 | €1,347,780 | -€40,652 | -2.9% |
| Tangible fixed assets | 22/27 | €1,388,413 | €1,347,761 | -€40,652 | -2.9% |
| Land and buildings | 22 | €1,036,352 | €1,011,404 | -€24,948 | -2.4% |
| Plant, machinery and equipment | 23 | €352,061 | €336,357 | -€15,704 | -4.5% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €9,628 | €9,194 | -€434 | -4.5% |
| Cash at bank and in hand | 54/58 | €3,618 | €1,879 | -€1,739 | -48.1% |
| Deferred charges and accrued income | 490/1 | €6,010 | €7,315 | +€1,305 | +21.7% |
| Total equity and liabilities | 10/49 | €1,398,060 | €1,356,974 | -€41,086 | -2.9% |
| Equity | 10/15 | €1,223,909 | €1,222,190 | -€1,719 | -0.1% |
| Contributions | 10/11 | €1,240,000 | €1,240,000 | = | 0.0% |
| Capital | 10 | €1,240,000 | €1,240,000 | = | 0.0% |
| Issued capital | 100 | €1,240,000 | €1,240,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,091 | -€17,810 | -€1,719 | -10.7% |
| Amounts payable | 17/49 | €174,151 | €134,784 | -€39,367 | -22.6% |
| Amounts payable within one year | 42/48 | €174,151 | €134,784 | -€39,367 | -22.6% |
| Other amounts payable | 47/48 | €174,151 | €134,784 | -€39,367 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,651 | €40,652 | +€1 | 0.0% |
| Other operating charges | 640/8 | €3,381 | €3,507 | +€126 | +3.7% |
| Gross operating margin | 9900 | €44,444 | €42,729 | -€1,715 | -3.9% |
| Operating profit (loss) | 9901 | €412 | -€1,430 | -€1,842 | |
| Financial charges | 65/66B | €102 | €205 | +€103 | +101% |
| Recurring financial charges | 65 | €102 | €205 | +€103 | +101% |
| Profit (loss) for the period before taxes | 9903 | €310 | -€1,635 | -€1,945 | |
| Income taxes | 67/77 | - | €84 | +€84 | |
| Profit (loss) for the period | 9904 | €310 | -€1,719 | -€2,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €310 | -€1,719 | -€2,029 |
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 20 October 2026 via checked.be.