MEGENT: 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.
MEGENT
Largest movements
- Tangible fixed assets +€170,011
up €170,011 (+3.6%), from €4.7m to €4.9m
of which Land and buildings: +€169,606
- Trade debts -€170,654
down €170,654 (-81.0%), from €210,689 to €40,036
- Reserves +€115,000
up €115,000 (+82.7%), from €139,000 to €254,000
- Accrued charges and deferred income +€55,509
up €55,509 (+130.4%), from €42,566 to €98,075
- Gross operating margin +€243,631
up €243,631 (+154.6%), from €157,600 to €401,231
- Depreciation +€134,435
up €134,435 (+244.3%), from €55,027 to €189,462
- Financial charges +€52,924
up €52,924 (+132.2%), from €40,040 to €92,963
- Taxes -€21,311
down €21,311, from €19,311 to -€2,000
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 | €5,055,446 | €5,136,581 | +€81,135 | +1.6% |
| Fixed assets | 21/28 | €4,734,790 | €4,904,800 | +€170,011 | +3.6% |
| Tangible fixed assets | 22/27 | €4,734,790 | €4,904,800 | +€170,011 | +3.6% |
| Land and buildings | 22 | €4,724,124 | €4,893,730 | +€169,606 | +3.6% |
| Plant, machinery and equipment | 23 | €8,577 | €8,631 | +€55 | +0.6% |
| Furniture and vehicles | 24 | €2,089 | €2,439 | +€350 | +16.7% |
| Current assets | 29/58 | €320,656 | €231,781 | -€88,875 | -27.7% |
| Amounts receivable within one year | 40/41 | €134,257 | €93,937 | -€40,320 | -30.0% |
| Trade receivables | 40 | €44,723 | €43,480 | -€1,242 | -2.8% |
| Other amounts receivable | 41 | €89,535 | €50,457 | -€39,078 | -43.6% |
| Cash at bank and in hand | 54/58 | €170,381 | €135,498 | -€34,883 | -20.5% |
| Deferred charges and accrued income | 490/1 | €16,018 | €2,346 | -€13,672 | -85.4% |
| Total equity and liabilities | 10/49 | €5,055,446 | €5,136,581 | +€81,135 | +1.6% |
| Equity | 10/15 | €1,133,272 | €1,248,949 | +€115,677 | +10.2% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €139,000 | €254,000 | +€115,000 | +82.7% |
| Distributable reserves | 133 | €139,000 | €254,000 | +€115,000 | +82.7% |
| Profit (loss) carried forward | 14 | €194,272 | €194,949 | +€677 | +0.3% |
| Amounts payable | 17/49 | €3,922,174 | €3,887,632 | -€34,542 | -0.9% |
| Amounts payable after more than one year | 17 | €3,432,522 | €3,482,757 | +€50,235 | +1.5% |
| Financial debts | 170/4 | €3,432,522 | €3,482,757 | +€50,235 | +1.5% |
| Amounts payable within one year | 42/48 | €447,087 | €306,800 | -€140,286 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €149,765 | €149,765 | = | 0.0% |
| Trade debts | 44 | €210,689 | €40,036 | -€170,654 | -81.0% |
| Suppliers | 440/4 | €210,689 | €40,036 | -€170,654 | -81.0% |
| Taxes, remuneration and social security | 45 | €3,900 | €11,620 | +€7,720 | +197.9% |
| Taxes | 450/3 | €3,900 | €11,620 | +€7,720 | +197.9% |
| Other amounts payable | 47/48 | €82,732 | €105,380 | +€22,647 | +27.4% |
| Accrued charges and deferred income | 492/3 | €42,566 | €98,075 | +€55,509 | +130.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,027 | €189,462 | +€134,435 | +244.3% |
| Other operating charges | 640/8 | €3,804 | €5,391 | +€1,587 | +41.7% |
| Gross operating margin | 9900 | €157,600 | €401,231 | +€243,631 | +154.6% |
| Operating profit (loss) | 9901 | €98,770 | €206,379 | +€107,609 | +108.9% |
| Financial income | 75/76B | €1,426 | €262 | -€1,164 | -81.6% |
| Recurring financial income | 75 | €1,426 | €262 | -€1,164 | -81.6% |
| Financial charges | 65/66B | €40,040 | €92,963 | +€52,924 | +132.2% |
| Recurring financial charges | 65 | €40,040 | €92,963 | +€52,924 | +132.2% |
| Profit (loss) for the period before taxes | 9903 | €60,155 | €113,677 | +€53,522 | +89.0% |
| Income taxes | 67/77 | €19,311 | -€2,000 | -€21,311 | |
| Profit (loss) for the period | 9904 | €40,845 | €115,677 | +€74,833 | +183.2% |
| Profit (loss) for the period to be appropriated | 9905 | €40,845 | €115,677 | +€74,833 | +183.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.