AG Media: 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.
AG Media
Largest movements
- Receivables within one year -€45,025
down €45,025 (-70.5%), from €63,887 to €18,862
of which Trade receivables: -€45,713
- Cash +€33,409
up €33,409 (+275%), from €12,156 to €45,565
mainly Receivables within one year (+€45,025) and Net result for the year (+€20,653)
- Tangible fixed assets +€1,892
up €1,892 (+35.8%), from €5,286 to €7,178
of which Furniture and vehicles: +€1,488
- Profit (loss) carried forward +€20,653
up €20,653 (+63.1%), from €32,710 to €53,364
- Other debts -€20,031
no longer reported in 2025 (was €20,031)
- Tax, wage and social debts -€6,633
down €6,633 (-35.6%), from €18,625 to €11,991
of which Remuneration and social security: -€9,672
- Accrued charges and deferred income -€2,268
no longer reported in 2025 (was €2,268)
- Trade debts -€1,444
down €1,444 (-53.6%), from €2,694 to €1,250
- Gross operating margin +€3,790
up €3,790 (+15.4%), from €24,621 to €28,410
- Financial income +€2,001
up €2,001 (+20,009,900%), from €0 to €2,001
of which Non-recurring financial income: +€2,000
- Depreciation +€1,363
up €1,363 (+130%), from €1,046 to €2,409
- Other operating charges +€888
up €888 (+132%), from €673 to €1,561
- Taxes +€477
up €477 (+9.3%), from €5,123 to €5,600
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 | €81,328 | €71,605 | -€9,724 | -12.0% |
| Fixed assets | 21/28 | €5,286 | €7,178 | +€1,892 | +35.8% |
| Tangible fixed assets | 22/27 | €5,286 | €7,178 | +€1,892 | +35.8% |
| Plant, machinery and equipment | 23 | €5,286 | €5,690 | +€404 | +7.6% |
| Furniture and vehicles | 24 | - | €1,488 | +€1,488 | |
| Current assets | 29/58 | €76,042 | €64,427 | -€11,615 | -15.3% |
| Amounts receivable within one year | 40/41 | €63,887 | €18,862 | -€45,025 | -70.5% |
| Trade receivables | 40 | €63,887 | €18,173 | -€45,713 | -71.6% |
| Other amounts receivable | 41 | €0 | €689 | +€689 | |
| Cash at bank and in hand | 54/58 | €12,156 | €45,565 | +€33,409 | +275% |
| Total equity and liabilities | 10/49 | €81,328 | €71,605 | -€9,724 | -12.0% |
| Equity | 10/15 | €37,710 | €58,364 | +€20,653 | +54.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,710 | €53,364 | +€20,653 | +63.1% |
| Amounts payable | 17/49 | €43,618 | €13,241 | -€30,377 | -69.6% |
| Amounts payable within one year | 42/48 | €41,350 | €13,241 | -€28,109 | -68.0% |
| Trade debts | 44 | €2,694 | €1,250 | -€1,444 | -53.6% |
| Suppliers | 440/4 | €2,694 | €1,250 | -€1,444 | -53.6% |
| Taxes, remuneration and social security | 45 | €18,625 | €11,991 | -€6,633 | -35.6% |
| Taxes | 450/3 | €8,953 | €11,991 | +€3,039 | +33.9% |
| Remuneration and social security | 454/9 | €9,672 | - | -€9,672 | |
| Other amounts payable | 47/48 | €20,031 | - | -€20,031 | |
| Accrued charges and deferred income | 492/3 | €2,268 | - | -€2,268 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,046 | €2,409 | +€1,363 | +130% |
| Other operating charges | 640/8 | €673 | €1,561 | +€888 | +132% |
| Gross operating margin | 9900 | €24,621 | €28,410 | +€3,790 | +15.4% |
| Operating profit (loss) | 9901 | €22,901 | €24,441 | +€1,539 | +6.7% |
| Financial income | 75/76B | €0 | €2,001 | +€2,001 | +20,009,900% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +9,900% |
| Non-recurring financial income | 76B | - | €2,000 | +€2,000 | |
| Financial charges | 65/66B | €217 | €188 | -€29 | -13.3% |
| Recurring financial charges | 65 | €217 | €188 | -€29 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €22,684 | €26,253 | +€3,569 | +15.7% |
| Income taxes | 67/77 | €5,123 | €5,600 | +€477 | +9.3% |
| Profit (loss) for the period | 9904 | €17,561 | €20,653 | +€3,092 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,561 | €20,653 | +€3,092 | +17.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.