BMG 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.
BMG MEDIA
Largest movements
- Receivables within one year -€54,819
down €54,819 (-23.5%), from €233,446 to €178,627
of which Trade receivables: -€55,762
- Cash -€43,363
down €43,363 (-43.1%), from €100,619 to €57,256
mainly Net result for the year (-€132,436) and Debts after one year (-€10,000)
- Tangible fixed assets -€40,730
down €40,730 (-62.7%), from €64,998 to €24,268
of which Other tangible fixed assets: -€32,772
- Profit (loss) carried forward -€132,436
down €132,436 (-31.2%), from -€423,938 to -€556,374
- Tax, wage and social debts +€13,914
up €13,914 (+27.8%), from €50,069 to €63,983
of which Remuneration and social security: +€15,611
- Debts after one year -€10,000
down €10,000 (-16.2%), from €61,666 to €51,666
- Trade debts -€9,844
down €9,844 (-6.0%), from €164,973 to €155,129
- Accrued charges and deferred income -€6,641
down €6,641 (-1.8%), from €363,604 to €356,963
- Gross operating margin -€66,101
down €66,101 (-13.5%), from €489,992 to €423,891
- Depreciation -€13,288
down €13,288 (-21.8%), from €61,019 to €47,731
- Staff costs +€11,355
up €11,355 (+2.4%), from €468,160 to €479,514
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 | €417,439 | €274,179 | -€143,260 | -34.3% |
| Fixed assets | 21/28 | €78,909 | €34,453 | -€44,456 | -56.3% |
| Intangible fixed assets | 21 | €13,711 | €9,985 | -€3,726 | -27.2% |
| Tangible fixed assets | 22/27 | €64,998 | €24,268 | -€40,730 | -62.7% |
| Furniture and vehicles | 24 | €21,934 | €13,976 | -€7,958 | -36.3% |
| Other tangible fixed assets | 26 | €43,064 | €10,292 | -€32,772 | -76.1% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €338,530 | €239,726 | -€98,804 | -29.2% |
| Amounts receivable within one year | 40/41 | €233,446 | €178,627 | -€54,819 | -23.5% |
| Trade receivables | 40 | €233,446 | €177,684 | -€55,762 | -23.9% |
| Other amounts receivable | 41 | €0 | €943 | +€943 | |
| Cash at bank and in hand | 54/58 | €100,619 | €57,256 | -€43,363 | -43.1% |
| Deferred charges and accrued income | 490/1 | €4,465 | €3,843 | -€622 | -13.9% |
| Total equity and liabilities | 10/49 | €417,439 | €274,179 | -€143,260 | -34.3% |
| Equity | 10/15 | -€311,113 | -€443,549 | -€132,436 | -42.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €94,233 | €94,233 | = | 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% |
| Distributable reserves | 133 | €92,374 | €92,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€423,938 | -€556,374 | -€132,436 | -31.2% |
| Amounts payable | 17/49 | €728,552 | €717,728 | -€10,824 | -1.5% |
| Amounts payable after more than one year | 17 | €61,666 | €51,666 | -€10,000 | -16.2% |
| Financial debts | 170/4 | €61,666 | €51,666 | -€10,000 | -16.2% |
| Amounts payable within one year | 42/48 | €303,282 | €309,099 | +€5,817 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €164,973 | €155,129 | -€9,844 | -6.0% |
| Suppliers | 440/4 | €164,973 | €155,129 | -€9,844 | -6.0% |
| Taxes, remuneration and social security | 45 | €50,069 | €63,983 | +€13,914 | +27.8% |
| Taxes | 450/3 | €2,476 | €779 | -€1,698 | -68.6% |
| Remuneration and social security | 454/9 | €47,593 | €63,204 | +€15,611 | +32.8% |
| Other amounts payable | 47/48 | €78,240 | €79,987 | +€1,747 | +2.2% |
| Accrued charges and deferred income | 492/3 | €363,604 | €356,963 | -€6,641 | -1.8% |
| Non-recurring operating income | 76A | €989 | €7,645 | +€6,656 | +673% |
| Remuneration, social security and pensions | 62 | €468,160 | €479,514 | +€11,355 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,019 | €47,731 | -€13,288 | -21.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,095 | €16,621 | +€2,526 | +17.9% |
| Other operating charges | 640/8 | €1,254 | €5,994 | +€4,741 | +378% |
| Non-recurring operating charges | 66A | €8,564 | €0 | -€8,564 | -100% |
| Gross operating margin | 9900 | €489,992 | €423,891 | -€66,101 | -13.5% |
| Operating profit (loss) | 9901 | -€63,099 | -€125,970 | -€62,871 | -99.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,858 | €5,687 | -€3,171 | -35.8% |
| Recurring financial charges | 65 | €8,858 | €5,687 | -€3,171 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€71,958 | -€131,657 | -€59,700 | -83.0% |
| Income taxes | 67/77 | €1,056 | €779 | -€278 | -26.3% |
| Profit (loss) for the period | 9904 | -€73,014 | -€132,436 | -€59,422 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,014 | -€132,436 | -€59,422 | -81.4% |
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 17 October 2026 via checked.be.