Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEGAFORM from Eupen, company number BE0448268672, closed financial year 2025 with a result of € 408,575 after tax. For that financial year MEGAFORM recorded revenue of € 9.2 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 358,660 to € 408,575. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 4.3 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 408,575
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 279,993
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 89,000 paid out
22 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
15.7
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 15% vs 2024
€ 68,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,295
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▼ 13% vs 2024
€ 441,031 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 432,802
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 21 days on average.
€ 330,576
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,363,730 | € 8,794,221 | € 9,727,454 | € 9,241,658 | ▼ 5% |
| Profit after taxes | € 518,597 | € 412,612 | € 358,660 | € 408,575 | ▲ 14% |
| Equity | € 3,431,940 | € 3,741,549 | € 4,018,209 | € 4,337,784 | ▲ 8% |
| Total debts | € 4,185,342 | € 4,225,515 | € 3,962,253 | € 4,050,258 | ▲ 2% |
| Cash | € 464,649 | € 272,813 | € 338,569 | € 279,993 | ▼ 17% |
| Land & buildings | € 127,318 | € 126,751 | € 130,569 | € 129,306 | ▼ 1% |
| Retained profit | € 2,794,940 | € 3,104,549 | € 3,381,209 | € 3,700,784 | ▲ 9% |
| Dividend | € 110,000 | € 76,310 | € 82,000 | € 89,000 | ▲ 9% |
| Bank debt | € 2,949,695 | € 2,533,923 | € 2,383,429 | € 2,076,758 | ▼ 13% |
| Balance sheet total | € 7,617,282 | € 7,967,064 | € 7,980,462 | € 8,388,042 | ▲ 5% |
| Employees (FTE) | 9.7 | 13.4 | 14.1 | 15.7 | ▲ 1.6 |
Key figures of MEGAFORM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MEGAFORM?
What happened at MEGAFORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS SA stepped down as director. NBB
- CARGEPAR SPRL stepped down as director. NBB
- CAPITAL & CROISSANCE SC stepped down as director. NBB
- Yannick Pirali stepped down as director. NBB
- L & C SNC stepped down as director. NBB
- Jessica Pirali stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 408,575 (▲ 14% vs 2024). Source: NBB ↗
- Yannick Pirali became a director. NBB
In short
From € 518,597 profit in 2022 to € 408,575 profit in 2025.
Paid € 631,361 in corporate taxes since 2022.
Best year ever: 2022, with € 518,597 profit.
Paid out € 357,310 in dividends to the owners in total.
Management
The stake of ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS, INVESTSUD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MEGAFORMThe shares are held by ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS (10.9%) and INVESTSUD (10.4%). It owns 100% of AQUAPRO, 100% of MEGAFORM IMMO, 100% of Idemasport UK Ltd, 100% of IDEMA FRANCE SARL, 100% of IDEMASPORT Deutschland GmbH and 100% of IDEMA NEDERLAND itself.
Directors
According to the 2025 annual accounts
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS SA
Director · represented by Isabel Schlembach
Also active at: Wirtschaftsförderungsgesellschaft Ostbelgiens VoG, BAUMA HC, S.A. JEAN CONVENTS A.G. - ENTREPRISES GENERALES - ALLGEMEINE BAUUNTERNEHMUNG, CONSERVERIE ET MOUTARDERIE BELGE, PROMA, M.B. TRANSPORTS, POLYTEX, LASERFLASH +20 more
since 2018 · until 2030
since 2023 · until 2029
Director · represented by Philippe Nadobny
Also active at: CONSERVERIE ET MOUTARDERIE BELGE, ELOY GROUP
since 2014 · until 2030
Director · represented by Stéphane Dantinne
Also active at: CONCEPTEXPO GROUP, COLONA, SUPERPLASTIC, SOCIETE COMMERCIALE ET INDUSTRIELLE, BAUWENS ROGER, SOGECAM, HORUS SOFTWARE, CARILIBEL +29 more
since 2018 · until 2030
since 2023 · until 2029
since 2017 · until 2029
Shareholders
Participations
100%
100%
Idemasport UK Ltd
100%
IDEMA FRANCE SARL
100%
IDEMASPORT Deutschland GmbH
100%
IDEMA NEDERLAND
100%
99.7%
Establishments
Establishment units
Physical locations of this company
Rue Haute 177
4700 Eupen
Rue de l'Avenir 8
4890 Thimister-Clermont
Active since 13 December 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.268.672
- VAT number
- BE 0448.268.672
- Registered office
- Rue Haute 177, 4700 Eupen
- Names & denominations
- MEGAFORM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 1992
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed