MEGHNA: 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.
MEGHNA
Largest movements
- Receivables within one year +€52,047
up €52,047 (+614.7%), from €8,467 to €60,514
of which Trade receivables: +€60,514
- Stocks and contracts -€13,890
down €13,890 (-92.6%), from €15,000 to €1,110
- Cash +€5,453
up €5,453 (+258.7%), from €2,108 to €7,561
mainly Net result for the year (+€36,158) and Stocks and contracts (+€13,890)
- Financial fixed assets +€3,920
new in 2025: €3,920
- Deferred charges and accrued income -€2,318
no longer reported in 2025 (was €2,318)
- Profit (loss) carried forward +€36,158
up €36,158, from -€10,642 to €25,516
- Advances received +€6,953
new in 2025: €6,953
- Trade debts +€5,361
up €5,361 (+116.8%), from €4,588 to €9,949
- Other debts -€4,044
down €4,044 (-25.9%), from €15,631 to €11,587
- Gross operating margin +€47,318
up €47,318, from -€7,160 to €40,158
- Staff costs +€1,778
new in 2025: €1,778
- Other operating charges -€507
down €507 (-22.4%), from €2,269 to €1,762
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 | €28,002 | €73,105 | +€45,103 | +161.1% |
| Fixed assets | 21/28 | €109 | €3,920 | +€3,811 | +3491.4% |
| Tangible fixed assets | 22/27 | €109 | €0 | -€109 | -100.0% |
| Furniture and vehicles | 24 | €109 | €0 | -€109 | -100.0% |
| Financial fixed assets | 28 | - | €3,920 | +€3,920 | |
| Current assets | 29/58 | €27,893 | €69,185 | +€41,293 | +148.0% |
| Stocks and contracts in progress | 3 | €15,000 | €1,110 | -€13,890 | -92.6% |
| Stocks | 30/36 | €15,000 | €1,110 | -€13,890 | -92.6% |
| Amounts receivable within one year | 40/41 | €8,467 | €60,514 | +€52,047 | +614.7% |
| Trade receivables | 40 | - | €60,514 | +€60,514 | |
| Other amounts receivable | 41 | €8,467 | - | -€8,467 | |
| Cash at bank and in hand | 54/58 | €2,108 | €7,561 | +€5,453 | +258.7% |
| Deferred charges and accrued income | 490/1 | €2,318 | - | -€2,318 | |
| Total equity and liabilities | 10/49 | €28,002 | €73,105 | +€45,103 | +161.1% |
| Equity | 10/15 | €7,397 | €43,555 | +€36,158 | +488.8% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Reserves | 13 | €838 | €838 | = | 0.0% |
| Non-distributable reserves | 130/1 | €838 | €838 | = | 0.0% |
| Reserves not available under the articles | 1311 | €838 | €838 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,642 | €25,516 | +€36,158 | |
| Amounts payable | 17/49 | €20,605 | €29,551 | +€8,945 | +43.4% |
| Amounts payable within one year | 42/48 | €20,605 | €29,551 | +€8,945 | +43.4% |
| Trade debts | 44 | €4,588 | €9,949 | +€5,361 | +116.8% |
| Suppliers | 440/4 | €4,588 | €9,949 | +€5,361 | +116.8% |
| Advances received on contracts in progress | 46 | - | €6,953 | +€6,953 | |
| Taxes, remuneration and social security | 45 | €386 | €1,062 | +€675 | +174.7% |
| Taxes | 450/3 | €386 | €837 | +€450 | +116.5% |
| Remuneration and social security | 454/9 | - | €225 | +€225 | |
| Other amounts payable | 47/48 | €15,631 | €11,587 | -€4,044 | -25.9% |
| Remuneration, social security and pensions | 62 | - | €1,778 | +€1,778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214 | €109 | -€105 | -49.0% |
| Other operating charges | 640/8 | €2,269 | €1,762 | -€507 | -22.4% |
| Gross operating margin | 9900 | -€7,160 | €40,158 | +€47,318 | |
| Operating profit (loss) | 9901 | -€9,643 | €36,508 | +€46,152 | |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €79 | €382 | +€303 | +385.3% |
| Recurring financial charges | 65 | €79 | €382 | +€303 | +385.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,722 | €36,158 | +€45,880 | |
| Profit (loss) for the period | 9904 | -€9,722 | €36,158 | +€45,880 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,722 | €36,158 | +€45,880 |
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 11 October 2026 via checked.be.