MEGRYBO: 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.
MEGRYBO
Largest movements
- Financial fixed assets +€100,000
new in 2025: €100,000
- Tangible fixed assets -€63,434
down €63,434 (-25.1%), from €253,209 to €189,775
of which Furniture and vehicles: -€60,481
- Cash +€52,533
up €52,533 (+25.1%), from €209,541 to €262,074
mainly Depreciation (+€67,719) and Net result for the year (+€50,576)
- Receivables within one year -€21,714
down €21,714 (-80.8%), from €26,877 to €5,163
of which Other amounts receivable: -€15,915
- Reserves +€50,576
up €50,576 (+10.8%), from €469,098 to €519,675
- Tax, wage and social debts +€16,956
up €16,956 (+69,950%), from €24 to €16,980
- Gross operating margin +€50,956
up €50,956 (+28.3%), from €180,067 to €231,023
- Taxes +€12,259
up €12,259 (+95.9%), from €12,787 to €25,046
- Write-downs +€6,640
new in 2025: €6,640
- Staff costs +€2,638
up €2,638 (+3.5%), from €76,213 to €78,851
- Depreciation +€2,334
up €2,334 (+3.6%), from €65,385 to €67,719
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.
Derived cash bridge
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 | €493,371 | €561,227 | +€67,856 | +13.8% |
| Fixed assets | 21/28 | €253,209 | €289,775 | +€36,566 | +14.4% |
| Tangible fixed assets | 22/27 | €253,209 | €189,775 | -€63,434 | -25.1% |
| Plant, machinery and equipment | 23 | €11,308 | €12,985 | +€1,677 | +14.8% |
| Furniture and vehicles | 24 | €207,232 | €146,751 | -€60,481 | -29.2% |
| Leasing and similar rights | 25 | €2,875 | €2,275 | -€600 | -20.9% |
| Other tangible fixed assets | 26 | €31,794 | €27,764 | -€4,030 | -12.7% |
| Financial fixed assets | 28 | - | €100,000 | +€100,000 | |
| Current assets | 29/58 | €240,162 | €271,452 | +€31,291 | +13.0% |
| Stocks and contracts in progress | 3 | - | €674 | +€674 | |
| Stocks | 30/36 | - | €674 | +€674 | |
| Amounts receivable within one year | 40/41 | €26,877 | €5,163 | -€21,714 | -80.8% |
| Trade receivables | 40 | €10,556 | €4,757 | -€5,799 | -54.9% |
| Other amounts receivable | 41 | €16,321 | €406 | -€15,915 | -97.5% |
| Cash at bank and in hand | 54/58 | €209,541 | €262,074 | +€52,533 | +25.1% |
| Deferred charges and accrued income | 490/1 | €3,744 | €3,542 | -€202 | -5.4% |
| Total equity and liabilities | 10/49 | €493,371 | €561,227 | +€67,856 | +13.8% |
| Equity | 10/15 | €487,690 | €538,267 | +€50,576 | +10.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €469,098 | €519,675 | +€50,576 | +10.8% |
| Distributable reserves | 133 | €469,098 | €519,675 | +€50,576 | +10.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €5,681 | €22,961 | +€17,280 | +304% |
| Amounts payable within one year | 42/48 | €5,681 | €22,961 | +€17,280 | +304% |
| Trade debts | 44 | €4,937 | €4,591 | -€346 | -7.0% |
| Suppliers | 440/4 | €4,937 | €4,591 | -€346 | -7.0% |
| Taxes, remuneration and social security | 45 | €24 | €16,980 | +€16,956 | +69,950% |
| Taxes | 450/3 | €24 | €16,980 | +€16,956 | +69,950% |
| Other amounts payable | 47/48 | €720 | €1,390 | +€670 | +93.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €76,213 | €78,851 | +€2,638 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,385 | €67,719 | +€2,334 | +3.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,640 | +€6,640 | |
| Other operating charges | 640/8 | €4,434 | €3,422 | -€1,012 | -22.8% |
| Non-recurring operating charges | 66A | €4,348 | €62 | -€4,286 | -98.6% |
| Gross operating margin | 9900 | €180,067 | €231,023 | +€50,956 | +28.3% |
| Operating profit (loss) | 9901 | €29,687 | €74,329 | +€44,642 | +150% |
| Financial income | 75/76B | €1,157 | €1,472 | +€315 | +27.2% |
| Recurring financial income | 75 | €1,157 | €1,472 | +€315 | +27.2% |
| Financial charges | 65/66B | €129 | €178 | +€49 | +37.9% |
| Recurring financial charges | 65 | €129 | €178 | +€49 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €30,716 | €75,623 | +€44,907 | +146% |
| Income taxes | 67/77 | €12,787 | €25,046 | +€12,259 | +95.9% |
| Profit (loss) for the period | 9904 | €17,928 | €50,576 | +€32,648 | +182% |
| Profit (loss) for the period to be appropriated | 9905 | €17,928 | €50,576 | +€32,648 | +182% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.