MEGEVET: what changed
MEGEVET
Largest movements
- Cash +€44,082
up €44,082 (+95.4%), from €46,185 to €90,267
mainly Net result for the year (+€48,646) and Depreciation (+€18,100)
- Tangible fixed assets -€12,483
down €12,483 (-29.5%), from €42,295 to €29,812
of which Furniture and vehicles: -€16,714
- Stocks and contracts +€7,241
up €7,241 (+58.7%), from €12,341 to €19,582
- Receivables within one year +€6,460
up €6,460 (+8.3%), from €78,285 to €84,745
of which Other amounts receivable: +€11,015
- Reserves +€54,000
up €54,000 (+33.1%), from €163,049 to €217,049
of which Distributable reserves: +€54,000
- Tax, wage and social debts -€6,915
down €6,915 (-33.5%), from €20,622 to €13,707
of which Taxes: -€16,915
- Other debts +€6,037
new in 2025: €6,037
- Profit (loss) carried forward -€5,354
down €5,354 (-12.8%), from -€41,896 to -€47,249
- Gross operating margin +€8,181
up €8,181 (+10.5%), from €77,913 to €86,094
- Taxes +€1,748
up €1,748 (+10.2%), from €17,160 to €18,908
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,106 | €224,406 | +€45,300 | +25.3% |
| Fixed assets | 21/28 | €42,295 | €29,812 | -€12,483 | -29.5% |
| Tangible fixed assets | 22/27 | €42,295 | €29,812 | -€12,483 | -29.5% |
| Plant, machinery and equipment | 23 | €2,510 | €6,741 | +€4,231 | +169% |
| Furniture and vehicles | 24 | €39,785 | €23,071 | -€16,714 | -42.0% |
| Current assets | 29/58 | €136,812 | €194,594 | +€57,782 | +42.2% |
| Stocks and contracts in progress | 3 | €12,341 | €19,582 | +€7,241 | +58.7% |
| Stocks | 30/36 | €12,341 | €19,582 | +€7,241 | +58.7% |
| Amounts receivable within one year | 40/41 | €78,285 | €84,745 | +€6,460 | +8.3% |
| Trade receivables | 40 | €76,208 | €71,653 | -€4,556 | -6.0% |
| Other amounts receivable | 41 | €2,077 | €13,092 | +€11,015 | +530% |
| Cash at bank and in hand | 54/58 | €46,185 | €90,267 | +€44,082 | +95.4% |
| Total equity and liabilities | 10/49 | €179,106 | €224,406 | +€45,300 | +25.3% |
| Equity | 10/15 | €141,614 | €190,260 | +€48,646 | +34.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €163,049 | €217,049 | +€54,000 | +33.1% |
| Tax-exempt reserves | 132 | €83,049 | €83,049 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €134,000 | +€54,000 | +67.5% |
| Profit (loss) carried forward | 14 | -€41,896 | -€47,249 | -€5,354 | -12.8% |
| Amounts payable | 17/49 | €37,493 | €34,146 | -€3,347 | -8.9% |
| Amounts payable within one year | 42/48 | €37,108 | €34,146 | -€2,962 | -8.0% |
| Trade debts | 44 | €16,486 | €14,401 | -€2,085 | -12.6% |
| Suppliers | 440/4 | €16,486 | €14,401 | -€2,085 | -12.6% |
| Taxes, remuneration and social security | 45 | €20,622 | €13,707 | -€6,915 | -33.5% |
| Taxes | 450/3 | €20,622 | €3,707 | -€16,915 | -82.0% |
| Remuneration and social security | 454/9 | - | €10,000 | +€10,000 | |
| Other amounts payable | 47/48 | - | €6,037 | +€6,037 | |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,222 | €18,100 | -€121 | -0.7% |
| Other operating charges | 640/8 | €1,100 | €332 | -€768 | -69.8% |
| Gross operating margin | 9900 | €77,913 | €86,094 | +€8,181 | +10.5% |
| Operating profit (loss) | 9901 | €58,591 | €67,661 | +€9,070 | +15.5% |
| Financial charges | 65/66B | €98 | €107 | +€10 | +9.8% |
| Recurring financial charges | 65 | €98 | €107 | +€10 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €58,493 | €67,554 | +€9,061 | +15.5% |
| Income taxes | 67/77 | €17,160 | €18,908 | +€1,748 | +10.2% |
| Profit (loss) for the period | 9904 | €41,334 | €48,646 | +€7,313 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,334 | €48,646 | +€7,313 | +17.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.