AR MEDIA SPRL: 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.
AR MEDIA SPRL
Largest movements
- Tangible fixed assets -€26,539
down €26,539 (-1.8%), from €1.4m to €1.4m
of which Land and buildings: -€22,721
- Cash +€23,444
up €23,444 (+2,173%), from €1,079 to €24,524
mainly Depreciation (+€73,442) and Debts after one year (+€58,235)
- Receivables within one year +€22,577
up €22,577 (+122%), from €18,470 to €41,047
of which Trade receivables: +€22,055
- Debts after one year +€58,235
up €58,235 (+9.2%), from €635,848 to €694,083
- Accrued charges and deferred income -€40,114
down €40,114 (-31.5%), from €127,519 to €87,405
- Gross operating margin +€47,927
up €47,927 (+52.2%), from €91,884 to €139,811
- Financial charges -€7,423
down €7,423 (-13.8%), from €53,822 to €46,399
- Depreciation +€2,200
up €2,200 (+3.1%), from €71,242 to €73,442
- Other operating charges +€2,089
up €2,089 (+26.6%), from €7,838 to €9,926
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 | €1,460,978 | €1,482,865 | +€21,888 | +1.5% |
| Fixed assets | 21/28 | €1,436,701 | €1,410,162 | -€26,539 | -1.8% |
| Tangible fixed assets | 22/27 | €1,436,701 | €1,410,162 | -€26,539 | -1.8% |
| Land and buildings | 22 | €1,419,647 | €1,396,926 | -€22,721 | -1.6% |
| Plant, machinery and equipment | 23 | €9,857 | €8,432 | -€1,425 | -14.5% |
| Furniture and vehicles | 24 | €7,197 | €4,804 | -€2,393 | -33.3% |
| Current assets | 29/58 | €24,276 | €72,703 | +€48,427 | +199% |
| Amounts receivable within one year | 40/41 | €18,470 | €41,047 | +€22,577 | +122% |
| Trade receivables | 40 | €17,945 | €40,000 | +€22,055 | +123% |
| Other amounts receivable | 41 | €525 | €1,047 | +€522 | +99.5% |
| Current investments | 50/53 | €43 | €43 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,079 | €24,524 | +€23,444 | +2,173% |
| Deferred charges and accrued income | 490/1 | €4,684 | €7,089 | +€2,405 | +51.3% |
| Total equity and liabilities | 10/49 | €1,460,978 | €1,482,865 | +€21,888 | +1.5% |
| Equity | 10/15 | €613,520 | €622,740 | +€9,219 | +1.5% |
| Contributions | 10/11 | €1,025,010 | €1,025,010 | = | 0.0% |
| Reserves | 13 | €572,719 | €572,719 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,741 | €3,741 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,741 | €3,741 | = | 0.0% |
| Distributable reserves | 133 | €568,978 | €568,978 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€984,208 | -€974,989 | +€9,219 | +0.9% |
| Provisions and deferred taxes | 16 | €23,621 | €23,621 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €23,621 | €23,621 | = | 0.0% |
| Environmental obligations | 163 | €23,621 | €23,621 | = | 0.0% |
| Amounts payable | 17/49 | €823,836 | €836,505 | +€12,668 | +1.5% |
| Amounts payable after more than one year | 17 | €635,848 | €694,083 | +€58,235 | +9.2% |
| Financial debts | 170/4 | €635,848 | €694,083 | +€58,235 | +9.2% |
| Amounts payable within one year | 42/48 | €60,469 | €55,016 | -€5,453 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €45,000 | = | 0.0% |
| Financial debts | 43 | €3,142 | €2,498 | -€644 | -20.5% |
| Credit institutions | 430/8 | €3,142 | €2,498 | -€644 | -20.5% |
| Trade debts | 44 | €4,950 | €5,076 | +€126 | +2.6% |
| Suppliers | 440/4 | €4,950 | €5,076 | +€126 | +2.6% |
| Taxes, remuneration and social security | 45 | €6,703 | €2,019 | -€4,685 | -69.9% |
| Taxes | 450/3 | €6,703 | €2,019 | -€4,685 | -69.9% |
| Other amounts payable | 47/48 | €674 | €424 | -€251 | -37.2% |
| Accrued charges and deferred income | 492/3 | €127,519 | €87,405 | -€40,114 | -31.5% |
| Non-recurring operating income | 76A | - | €8,224 | +€8,224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,242 | €73,442 | +€2,200 | +3.1% |
| Other operating charges | 640/8 | €7,838 | €9,926 | +€2,089 | +26.6% |
| Gross operating margin | 9900 | €91,884 | €139,811 | +€47,927 | +52.2% |
| Operating profit (loss) | 9901 | €12,804 | €56,443 | +€43,639 | +341% |
| Financial income | 75/76B | €26 | €34 | +€8 | +29.5% |
| Recurring financial income | 75 | €26 | €34 | +€8 | +29.5% |
| Financial charges | 65/66B | €53,822 | €46,399 | -€7,423 | -13.8% |
| Recurring financial charges | 65 | €53,822 | €46,399 | -€7,423 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€40,992 | €10,077 | +€51,070 | |
| Income taxes | 67/77 | €898 | €858 | -€40 | -4.5% |
| Profit (loss) for the period | 9904 | -€41,890 | €9,219 | +€51,110 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,890 | €9,219 | +€51,110 |
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 30 October 2026 via checked.be.