MEGIMMO: 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.
MEGIMMO
Largest movements
- Financial fixed assets -€353,118
down €353,118 (-4.6%), from €7.7m to €7.4m
- Debts after one year -€3.1m
down €3.1m (-64.7%), from €4.8m to €1.7m
- Other debts +€2.6m
up €2.6m (+367.8%), from €693,311 to €3.2m
- Profit (loss) carried forward +€134,810
up €134,810 (+14.0%), from €960,424 to €1.1m
- Financial income -€229,861
down €229,861 (-50.5%), from €455,540 to €225,678
of which Financial income: -€401,509
- Financial charges -€96,018
down €96,018 (-34.9%), from €274,838 to €178,820
of which Financial charges: -€84,178
- Gross operating margin -€8,852
down €8,852 (-5.5%), from €159,816 to €150,964
- Taxes +€3,555
new in 2025: €3,555
- Depreciation -€2,930
down €2,930 (-9.6%), from €30,586 to €27,656
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 | €8,169,240 | €7,759,472 | -€409,768 | -5.0% |
| Fixed assets | 21/28 | €7,930,997 | €7,575,206 | -€355,791 | -4.5% |
| Tangible fixed assets | 22/27 | €216,613 | €213,939 | -€2,673 | -1.2% |
| Land and buildings | 22 | €216,613 | €213,939 | -€2,673 | -1.2% |
| Financial fixed assets | 28 | €7,714,385 | €7,361,266 | -€353,118 | -4.6% |
| Current assets | 29/58 | €238,243 | €184,266 | -€53,977 | -22.7% |
| Amounts receivable within one year | 40/41 | €26,821 | €11,223 | -€15,598 | -58.2% |
| Trade receivables | 40 | €2,460 | €2,430 | -€30 | -1.2% |
| Other amounts receivable | 41 | €24,362 | €8,793 | -€15,568 | -63.9% |
| Current investments | 50/53 | €62,936 | €21,162 | -€41,774 | -66.4% |
| Cash at bank and in hand | 54/58 | €148,486 | €151,881 | +€3,395 | +2.3% |
| Total equity and liabilities | 10/49 | €8,169,240 | €7,759,472 | -€409,768 | -5.0% |
| Equity | 10/15 | €2,313,280 | €2,448,090 | +€134,810 | +5.8% |
| Contributions | 10/11 | €1,300,000 | €1,300,000 | = | 0.0% |
| Capital | 10 | €1,300,000 | €1,300,000 | = | 0.0% |
| Issued capital | 100 | €1,300,000 | €1,300,000 | = | 0.0% |
| Reserves | 13 | €52,856 | €52,856 | = | 0.0% |
| Non-distributable reserves | 130/1 | €52,856 | €52,856 | = | 0.0% |
| Legal reserve | 130 | €52,856 | €52,856 | = | 0.0% |
| Profit (loss) carried forward | 14 | €960,424 | €1,095,235 | +€134,810 | +14.0% |
| Amounts payable | 17/49 | €5,855,960 | €5,311,381 | -€544,579 | -9.3% |
| Amounts payable after more than one year | 17 | €4,829,877 | €1,707,157 | -€3.1m | -64.7% |
| Financial debts | 170/4 | €4,829,877 | €1,707,157 | -€3.1m | -64.7% |
| Amounts payable within one year | 42/48 | €970,890 | €3,533,719 | +€2.6m | +264.0% |
| Current portion of amounts payable after more than one year | 42 | €273,456 | €277,672 | +€4,216 | +1.5% |
| Trade debts | 44 | €726 | €3,709 | +€2,983 | +410.9% |
| Suppliers | 440/4 | €726 | €3,709 | +€2,983 | +410.9% |
| Advances received on contracts in progress | 46 | €3,397 | €8,964 | +€5,567 | +163.9% |
| Other amounts payable | 47/48 | €693,311 | €3,243,375 | +€2.6m | +367.8% |
| Accrued charges and deferred income | 492/3 | €55,193 | €70,505 | +€15,312 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,586 | €27,656 | -€2,930 | -9.6% |
| Other operating charges | 640/8 | €30,228 | €31,801 | +€1,573 | +5.2% |
| Gross operating margin | 9900 | €159,816 | €150,964 | -€8,852 | -5.5% |
| Operating profit (loss) | 9901 | €99,002 | €91,507 | -€7,496 | -7.6% |
| Financial income | 75/76B | €455,540 | €225,678 | -€229,861 | -50.5% |
| Recurring financial income | 75 | €433,354 | €31,845 | -€401,509 | -92.7% |
| Non-recurring financial income | 76B | €22,185 | €193,833 | +€171,648 | +773.7% |
| Financial charges | 65/66B | €274,838 | €178,820 | -€96,018 | -34.9% |
| Recurring financial charges | 65 | €253,810 | €169,632 | -€84,178 | -33.2% |
| Non-recurring financial charges | 66B | €21,028 | €9,188 | -€11,840 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | €279,704 | €138,365 | -€141,339 | -50.5% |
| Income taxes | 67/77 | - | €3,555 | +€3,555 | |
| Profit (loss) for the period | 9904 | €279,704 | €134,810 | -€144,893 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €279,704 | €134,810 | -€144,893 | -51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.