5media: 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.
5media
Largest movements
- Current investments +€66,730
up €66,730 (+22.3%), from €298,701 to €365,431
- Cash +€11,419
up €11,419 (+10.8%), from €106,190 to €117,609
mainly Net result for the year (+€75,384) and Depreciation (+€11,304)
- Tangible fixed assets -€10,038
down €10,038 (-24.0%), from €41,810 to €31,772
of which Furniture and vehicles: -€8,709
- Reserves +€75,384
up €75,384 (+16.7%), from €451,166 to €526,550
of which Distributable reserves: +€75,384
- Gross operating margin -€12,911
down €12,911 (-10.4%), from €124,225 to €111,314
- Taxes -€5,348
down €5,348 (-15.0%), from €35,568 to €30,220
- Financial income -€4,055
down €4,055 (-33.6%), from €12,052 to €7,997
- Depreciation +€2,379
up €2,379 (+26.7%), from €8,925 to €11,304
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €478,332 | €550,750 | +€72,418 | +15.1% |
| Fixed assets | 21/28 | €41,810 | €31,772 | -€10,038 | -24.0% |
| Tangible fixed assets | 22/27 | €41,810 | €31,772 | -€10,038 | -24.0% |
| Plant, machinery and equipment | 23 | €1,924 | €2,237 | +€313 | +16.3% |
| Furniture and vehicles | 24 | €37,250 | €28,541 | -€8,709 | -23.4% |
| Other tangible fixed assets | 26 | €2,636 | €994 | -€1,642 | -62.3% |
| Current assets | 29/58 | €436,522 | €518,978 | +€82,456 | +18.9% |
| Amounts receivable within one year | 40/41 | €29,879 | €34,389 | +€4,510 | +15.1% |
| Trade receivables | 40 | €29,879 | €34,389 | +€4,510 | +15.1% |
| Current investments | 50/53 | €298,701 | €365,431 | +€66,730 | +22.3% |
| Cash at bank and in hand | 54/58 | €106,190 | €117,609 | +€11,419 | +10.8% |
| Deferred charges and accrued income | 490/1 | €1,752 | €1,549 | -€203 | -11.6% |
| Total equity and liabilities | 10/49 | €478,332 | €550,750 | +€72,418 | +15.1% |
| Equity | 10/15 | €451,166 | €526,550 | +€75,384 | +16.7% |
| Reserves | 13 | €451,166 | €526,550 | +€75,384 | +16.7% |
| Tax-exempt reserves | 132 | €12,191 | €12,191 | = | 0.0% |
| Distributable reserves | 133 | €438,975 | €514,359 | +€75,384 | +17.2% |
| Amounts payable | 17/49 | €27,166 | €24,200 | -€2,966 | -10.9% |
| Amounts payable within one year | 42/48 | €27,166 | €24,200 | -€2,966 | -10.9% |
| Trade debts | 44 | €16,789 | €16,108 | -€681 | -4.1% |
| Suppliers | 440/4 | €16,789 | €16,108 | -€681 | -4.1% |
| Taxes, remuneration and social security | 45 | €8,275 | €6,401 | -€1,874 | -22.6% |
| Taxes | 450/3 | €8,275 | €6,401 | -€1,874 | -22.6% |
| Other amounts payable | 47/48 | €2,102 | €1,691 | -€411 | -19.6% |
| Non-recurring operating income | 76A | €7,435 | - | -€7,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,925 | €11,304 | +€2,379 | +26.7% |
| Other operating charges | 640/8 | €806 | €694 | -€112 | -13.9% |
| Non-recurring operating charges | 66A | €755 | - | -€755 | |
| Gross operating margin | 9900 | €124,225 | €111,314 | -€12,911 | -10.4% |
| Operating profit (loss) | 9901 | €113,739 | €99,316 | -€14,423 | -12.7% |
| Financial income | 75/76B | €12,052 | €7,997 | -€4,055 | -33.6% |
| Recurring financial income | 75 | €12,052 | €7,997 | -€4,055 | -33.6% |
| Financial charges | 65/66B | €2,438 | €1,709 | -€729 | -29.9% |
| Recurring financial charges | 65 | €2,438 | €1,709 | -€729 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €123,353 | €105,604 | -€17,749 | -14.4% |
| Income taxes | 67/77 | €35,568 | €30,220 | -€5,348 | -15.0% |
| Profit (loss) for the period | 9904 | €87,785 | €75,384 | -€12,401 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,785 | €75,384 | -€12,401 | -14.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.