Megon: 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.
Megon
Largest movements
- Cash +€42,950
up €42,950 (+119.4%), from €35,975 to €78,924
mainly Net result for the year (+€59,461) and Debts after one year (+€20,490)
- Tangible fixed assets +€30,792
up €30,792 (+63.0%), from €48,845 to €79,638
of which Furniture and vehicles: +€31,189
- Receivables within one year +€25,870
new in 2025: €25,870
of which Trade receivables: +€25,802
- Reserves +€59,461
up €59,461 (+221.2%), from €26,877 to €86,338
- Debts after one year +€20,490
up €20,490 (+59.4%), from €34,522 to €55,012
- Current portion of long-term debt +€11,508
up €11,508 (+120.0%), from €9,586 to €21,094
- Tax, wage and social debts +€8,241
up €8,241 (+105.0%), from €7,845 to €16,086
- Gross operating margin +€50,966
up €50,966 (+115.3%), from €44,220 to €95,186
- Depreciation +€9,278
up €9,278 (+119.7%), from €7,751 to €17,029
- Taxes +€8,241
up €8,241 (+105.0%), from €7,845 to €16,086
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 | €84,820 | €184,431 | +€99,611 | +117.4% |
| Fixed assets | 21/28 | €48,845 | €79,638 | +€30,792 | +63.0% |
| Tangible fixed assets | 22/27 | €48,845 | €79,638 | +€30,792 | +63.0% |
| Plant, machinery and equipment | 23 | €3,976 | €3,579 | -€396 | -10.0% |
| Furniture and vehicles | 24 | €44,870 | €76,059 | +€31,189 | +69.5% |
| Current assets | 29/58 | €35,975 | €104,794 | +€68,819 | +191.3% |
| Amounts receivable within one year | 40/41 | - | €25,870 | +€25,870 | |
| Trade receivables | 40 | - | €25,802 | +€25,802 | |
| Other amounts receivable | 41 | - | €67 | +€67 | |
| Cash at bank and in hand | 54/58 | €35,975 | €78,924 | +€42,950 | +119.4% |
| Total equity and liabilities | 10/49 | €84,820 | €184,431 | +€99,611 | +117.4% |
| Equity | 10/15 | €31,877 | €91,338 | +€59,461 | +186.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €26,877 | €86,338 | +€59,461 | +221.2% |
| Distributable reserves | 133 | €26,877 | €86,338 | +€59,461 | +221.2% |
| Amounts payable | 17/49 | €52,943 | €93,094 | +€40,150 | +75.8% |
| Amounts payable after more than one year | 17 | €34,522 | €55,012 | +€20,490 | +59.4% |
| Financial debts | 170/4 | €34,522 | €55,012 | +€20,490 | +59.4% |
| Amounts payable within one year | 42/48 | €18,422 | €38,082 | +€19,660 | +106.7% |
| Current portion of amounts payable after more than one year | 42 | €9,586 | €21,094 | +€11,508 | +120.0% |
| Taxes, remuneration and social security | 45 | €7,845 | €16,086 | +€8,241 | +105.0% |
| Taxes | 450/3 | €7,845 | €16,086 | +€8,241 | +105.0% |
| Other amounts payable | 47/48 | €990 | €902 | -€89 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,751 | €17,029 | +€9,278 | +119.7% |
| Other operating charges | 640/8 | €371 | €354 | -€17 | -4.6% |
| Gross operating margin | 9900 | €44,220 | €95,186 | +€50,966 | +115.3% |
| Operating profit (loss) | 9901 | €36,098 | €77,803 | +€41,705 | +115.5% |
| Financial charges | 65/66B | €1,376 | €2,256 | +€879 | +63.9% |
| Recurring financial charges | 65 | €1,376 | €2,256 | +€879 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €34,722 | €75,547 | +€40,826 | +117.6% |
| Income taxes | 67/77 | €7,845 | €16,086 | +€8,241 | +105.0% |
| Profit (loss) for the period | 9904 | €26,877 | €59,461 | +€32,585 | +121.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,877 | €59,461 | +€32,585 | +121.2% |
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 28 September 2026 via checked.be.