AGORA 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.
AGORA MEDIA
Largest movements
- Receivables within one year +€33,675
up €33,675 (+113%), from €29,715 to €63,389
of which Trade receivables: +€33,675
- Cash -€7,093
down €7,093 (-32.7%), from €21,713 to €14,619
mainly Receivables within one year (-€33,675) and Other debts (-€3,953)
- Tangible fixed assets -€5,232
down €5,232 (-11.2%), from €46,718 to €41,486
of which Plant, machinery and equipment: -€5,144
- Stocks and contracts +€3,718
up €3,718 (+7.0%), from €53,284 to €57,002
- Trade debts +€21,670
up €21,670 (+118%), from €18,372 to €40,041
- Profit (loss) carried forward +€5,738
up €5,738 (+10.2%), from €56,032 to €61,770
- Other debts -€3,953
down €3,953 (-10.2%), from €38,722 to €34,769
- Gross operating margin +€18,814
up €18,814 (+19.7%), from €95,505 to €114,319
- Staff costs +€2,173
up €2,173 (+2.3%), from €95,704 to €97,877
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 | €151,578 | €176,645 | +€25,068 | +16.5% |
| Fixed assets | 21/28 | €46,866 | €41,635 | -€5,232 | -11.2% |
| Tangible fixed assets | 22/27 | €46,718 | €41,486 | -€5,232 | -11.2% |
| Land and buildings | 22 | €5,724 | €4,506 | -€1,218 | -21.3% |
| Plant, machinery and equipment | 23 | €38,969 | €33,824 | -€5,144 | -13.2% |
| Furniture and vehicles | 24 | €1,829 | €3,057 | +€1,228 | +67.1% |
| Other tangible fixed assets | 26 | €196 | €98 | -€98 | -50.0% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €104,711 | €135,011 | +€30,299 | +28.9% |
| Stocks and contracts in progress | 3 | €53,284 | €57,002 | +€3,718 | +7.0% |
| Stocks | 30/36 | €53,284 | €57,002 | +€3,718 | +7.0% |
| Amounts receivable within one year | 40/41 | €29,715 | €63,389 | +€33,675 | +113% |
| Trade receivables | 40 | €29,683 | €63,357 | +€33,675 | +113% |
| Other amounts receivable | 41 | €32 | €32 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,713 | €14,619 | -€7,093 | -32.7% |
| Total equity and liabilities | 10/49 | €151,578 | €176,645 | +€25,068 | +16.5% |
| Equity | 10/15 | €76,535 | €82,272 | +€5,738 | +7.5% |
| Contributions | 10/11 | €18,643 | €18,643 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,032 | €61,770 | +€5,738 | +10.2% |
| Amounts payable | 17/49 | €75,043 | €94,373 | +€19,330 | +25.8% |
| Amounts payable within one year | 42/48 | €75,043 | €94,373 | +€19,330 | +25.8% |
| Trade debts | 44 | €18,372 | €40,041 | +€21,670 | +118% |
| Suppliers | 440/4 | €18,372 | €40,041 | +€21,670 | +118% |
| Taxes, remuneration and social security | 45 | €17,949 | €19,562 | +€1,613 | +9.0% |
| Taxes | 450/3 | €4,269 | €6,156 | +€1,887 | +44.2% |
| Remuneration and social security | 454/9 | €13,680 | €13,407 | -€274 | -2.0% |
| Other amounts payable | 47/48 | €38,722 | €34,769 | -€3,953 | -10.2% |
| Remuneration, social security and pensions | 62 | €95,704 | €97,877 | +€2,173 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,225 | €8,054 | -€170 | -2.1% |
| Other operating charges | 640/8 | €1,616 | €1,410 | -€206 | -12.7% |
| Gross operating margin | 9900 | €95,505 | €114,319 | +€18,814 | +19.7% |
| Operating profit (loss) | 9901 | -€10,039 | €6,977 | +€17,016 | |
| Financial charges | 65/66B | €846 | €862 | +€16 | +1.9% |
| Recurring financial charges | 65 | €846 | €862 | +€16 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,885 | €6,115 | +€17,000 | |
| Income taxes | 67/77 | €360 | €378 | +€17 | +4.9% |
| Profit (loss) for the period | 9904 | -€11,245 | €5,738 | +€16,983 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,245 | €5,738 | +€16,983 |
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 14 October 2026 via checked.be.