BLITZ 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.
BLITZ MEDIA
Largest movements
- Cash +€24,773
up €24,773 (+65.0%), from €38,111 to €62,885
mainly Net result for the year (+€30,648) and Tax, wage and social debts (+€14,928)
- Receivables within one year +€4,407
up €4,407 (+36.1%), from €12,220 to €16,627
of which Other amounts receivable: +€13,330
- Tangible fixed assets -€1,928
down €1,928 (-14.8%), from €13,059 to €11,131
of which Furniture and vehicles: -€1,559
- Reserves +€28,829
up €28,829 (+147%), from €19,661 to €48,490
- Other debts -€16,084
down €16,084 (-96.5%), from €16,667 to €583
- Tax, wage and social debts +€14,928
up €14,928 (+136%), from €10,999 to €25,927
of which Taxes: +€15,088
- Debts after one year -€3,716
down €3,716 (-100%), from €3,716 to €0
- Current portion of long-term debt +€2,783
up €2,783 (+65.1%), from €4,278 to €7,061
- Gross operating margin +€22,929
up €22,929 (+56.1%), from €40,873 to €63,802
- Taxes +€6,193
up €6,193 (+52.2%), from €11,874 to €18,068
- Other operating charges -€1,422
down €1,422 (-74.5%), from €1,910 to €488
- Depreciation +€1,325
up €1,325 (+51.0%), from €2,600 to €3,925
- Financial charges -€1,112
down €1,112 (-24.1%), from €4,604 to €3,493
of which Non-recurring financial charges: -€1,067
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 | €63,790 | €91,094 | +€27,304 | +42.8% |
| Fixed assets | 21/28 | €13,459 | €11,531 | -€1,928 | -14.3% |
| Tangible fixed assets | 22/27 | €13,059 | €11,131 | -€1,928 | -14.8% |
| Plant, machinery and equipment | 23 | €1,600 | €1,231 | -€369 | -23.1% |
| Furniture and vehicles | 24 | €11,459 | €9,900 | -€1,559 | -13.6% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €50,331 | €79,563 | +€29,232 | +58.1% |
| Amounts receivable within one year | 40/41 | €12,220 | €16,627 | +€4,407 | +36.1% |
| Trade receivables | 40 | €12,179 | €3,257 | -€8,923 | -73.3% |
| Other amounts receivable | 41 | €40 | €13,370 | +€13,330 | +33,110% |
| Cash at bank and in hand | 54/58 | €38,111 | €62,885 | +€24,773 | +65.0% |
| Deferred charges and accrued income | 490/1 | - | €51 | +€51 | |
| Total equity and liabilities | 10/49 | €63,790 | €91,094 | +€27,304 | +42.8% |
| Equity | 10/15 | €24,875 | €54,690 | +€29,815 | +120% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,661 | €48,490 | +€28,829 | +147% |
| Distributable reserves | 133 | €19,661 | €48,490 | +€28,829 | +147% |
| Profit (loss) carried forward | 14 | -€986 | €0 | +€986 | |
| Amounts payable | 17/49 | €38,915 | €36,404 | -€2,511 | -6.5% |
| Amounts payable after more than one year | 17 | €3,716 | €0 | -€3,716 | -100% |
| Financial debts | 170/4 | €3,716 | €0 | -€3,716 | -100% |
| Amounts payable within one year | 42/48 | €35,199 | €36,342 | +€1,143 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €4,278 | €7,061 | +€2,783 | +65.1% |
| Trade debts | 44 | €3,255 | €2,771 | -€484 | -14.9% |
| Suppliers | 440/4 | €3,255 | €2,771 | -€484 | -14.9% |
| Taxes, remuneration and social security | 45 | €10,999 | €25,927 | +€14,928 | +136% |
| Taxes | 450/3 | €10,519 | €25,607 | +€15,088 | +143% |
| Remuneration and social security | 454/9 | €480 | €320 | -€160 | -33.3% |
| Other amounts payable | 47/48 | €16,667 | €583 | -€16,084 | -96.5% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Non-recurring operating income | 76A | €4,023 | €0 | -€4,023 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,600 | €3,925 | +€1,325 | +51.0% |
| Other operating charges | 640/8 | €1,910 | €488 | -€1,422 | -74.5% |
| Non-recurring operating charges | 66A | - | €7,234 | +€7,234 | |
| Gross operating margin | 9900 | €40,873 | €63,802 | +€22,929 | +56.1% |
| Operating profit (loss) | 9901 | €36,363 | €52,155 | +€15,792 | +43.4% |
| Financial income | 75/76B | €1 | €53 | +€52 | +9,678% |
| Recurring financial income | 75 | €1 | €53 | +€52 | +9,678% |
| Financial charges | 65/66B | €4,604 | €3,493 | -€1,112 | -24.1% |
| Recurring financial charges | 65 | €3,537 | €3,493 | -€45 | -1.3% |
| Non-recurring financial charges | 66B | €1,067 | €0 | -€1,067 | -100% |
| Profit (loss) for the period before taxes | 9903 | €31,760 | €48,715 | +€16,956 | +53.4% |
| Income taxes | 67/77 | €11,874 | €18,068 | +€6,193 | +52.2% |
| Profit (loss) for the period | 9904 | €19,885 | €30,648 | +€10,762 | +54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,885 | €30,648 | +€10,762 | +54.1% |
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 21 October 2026 via checked.be.