BEHOLDER 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.
BEHOLDER MEDIA
Largest movements
- Receivables within one year +€15,396
up €15,396 (+63.2%), from €24,371 to €39,767
- Cash +€15,250
up €15,250 (+24.5%), from €62,316 to €77,566
mainly Net result for the year (+€44,476) and Depreciation (+€22,984)
- Tangible fixed assets +€13,318
up €13,318 (+16.2%), from €82,017 to €95,335
of which Land and buildings: +€8,994
- Reserves +€43,676
up €43,676 (+60.8%), from €71,856 to €115,533
- Other debts +€8,371
up €8,371 (+118%), from €7,106 to €15,477
- Debts after one year -€5,408
down €5,408 (-11.1%), from €48,695 to €43,287
- Tax, wage and social debts -€3,924
down €3,924 (-15.0%), from €26,074 to €22,150
- Trade debts -€3,251
down €3,251 (-44.5%), from €7,311 to €4,060
- Gross operating margin -€28,864
down €28,864 (-24.8%), from €116,454 to €87,589
- Depreciation +€4,539
up €4,539 (+24.6%), from €18,445 to €22,984
- Taxes -€3,588
down €3,588 (-18.1%), from €19,853 to €16,265
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 | €171,673 | €214,023 | +€42,349 | +24.7% |
| Fixed assets | 21/28 | €84,515 | €96,166 | +€11,651 | +13.8% |
| Intangible fixed assets | 21 | €2,498 | €831 | -€1,667 | -66.7% |
| Tangible fixed assets | 22/27 | €82,017 | €95,335 | +€13,318 | +16.2% |
| Land and buildings | 22 | €36,731 | €45,725 | +€8,994 | +24.5% |
| Plant, machinery and equipment | 23 | €7,423 | €15,457 | +€8,034 | +108% |
| Leasing and similar rights | 25 | €37,863 | €34,153 | -€3,710 | -9.8% |
| Current assets | 29/58 | €87,158 | €117,857 | +€30,698 | +35.2% |
| Amounts receivable within one year | 40/41 | €24,371 | €39,767 | +€15,396 | +63.2% |
| Trade receivables | 40 | €24,371 | €39,767 | +€15,396 | +63.2% |
| Cash at bank and in hand | 54/58 | €62,316 | €77,566 | +€15,250 | +24.5% |
| Deferred charges and accrued income | 490/1 | €471 | €524 | +€53 | +11.4% |
| Total equity and liabilities | 10/49 | €171,673 | €214,023 | +€42,349 | +24.7% |
| Equity | 10/15 | €73,856 | €117,533 | +€43,676 | +59.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,856 | €115,533 | +€43,676 | +60.8% |
| Distributable reserves | 133 | €71,856 | €115,533 | +€43,676 | +60.8% |
| Amounts payable | 17/49 | €97,817 | €96,490 | -€1,327 | -1.4% |
| Amounts payable after more than one year | 17 | €48,695 | €43,287 | -€5,408 | -11.1% |
| Financial debts | 170/4 | €48,695 | €43,287 | -€5,408 | -11.1% |
| Amounts payable within one year | 42/48 | €49,122 | €53,203 | +€4,081 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €8,630 | €11,516 | +€2,885 | +33.4% |
| Trade debts | 44 | €7,311 | €4,060 | -€3,251 | -44.5% |
| Suppliers | 440/4 | €7,311 | €4,060 | -€3,251 | -44.5% |
| Taxes, remuneration and social security | 45 | €26,074 | €22,150 | -€3,924 | -15.0% |
| Taxes | 450/3 | €26,074 | €22,150 | -€3,924 | -15.0% |
| Other amounts payable | 47/48 | €7,106 | €15,477 | +€8,371 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,445 | €22,984 | +€4,539 | +24.6% |
| Other operating charges | 640/8 | €1,089 | €519 | -€570 | -52.3% |
| Gross operating margin | 9900 | €116,454 | €87,589 | -€28,864 | -24.8% |
| Operating profit (loss) | 9901 | €96,920 | €64,086 | -€32,834 | -33.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,411 | €3,345 | -€1,067 | -24.2% |
| Recurring financial charges | 65 | €4,411 | €3,345 | -€1,067 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €92,510 | €60,742 | -€31,768 | -34.3% |
| Income taxes | 67/77 | €19,853 | €16,265 | -€3,588 | -18.1% |
| Profit (loss) for the period | 9904 | €72,656 | €44,476 | -€28,180 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | €72,656 | €44,476 | -€28,180 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.