BROADCAST RECORDING: 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.
BROADCAST RECORDING
Largest movements
- Current investments -€71,166
down €71,166 (-23.3%), from €305,901 to €234,735
- Cash -€18,876
down €18,876 (-57.1%), from €33,075 to €14,199
mainly Net result for the year (-€82,094) and Investment in fixed assets (net) (-€22,369)
- Tangible fixed assets +€10,474
up €10,474 (+306%), from €3,424 to €13,898
of which Furniture and vehicles: +€10,773
- Receivables within one year -€4,583
down €4,583 (-32.7%), from €14,013 to €9,430
of which Trade receivables: -€3,694
- Reserves -€82,094
down €82,094 (-25.6%), from €320,906 to €238,811
- Financial charges +€75,781
up €75,781 (+639%), from €11,854 to €87,635
- Gross operating margin +€20,520
up €20,520, from -€14,510 to €6,011
- Depreciation +€11,021
up €11,021 (+1,260%), from €875 to €11,895
- Financial income +€2,981
up €2,981 (+26.6%), from €11,223 to €14,204
- Taxes +€1,195
up €1,195 (+110%), from €1,086 to €2,280
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 | €357,340 | €273,221 | -€84,119 | -23.5% |
| Fixed assets | 21/28 | €3,424 | €13,898 | +€10,474 | +306% |
| Tangible fixed assets | 22/27 | €3,424 | €13,898 | +€10,474 | +306% |
| Plant, machinery and equipment | 23 | €698 | €399 | -€299 | -42.8% |
| Furniture and vehicles | 24 | €2,727 | €13,500 | +€10,773 | +395% |
| Current assets | 29/58 | €353,915 | €259,322 | -€94,593 | -26.7% |
| Amounts receivable within one year | 40/41 | €14,013 | €9,430 | -€4,583 | -32.7% |
| Trade receivables | 40 | €3,919 | €225 | -€3,694 | -94.3% |
| Other amounts receivable | 41 | €10,094 | €9,206 | -€889 | -8.8% |
| Current investments | 50/53 | €305,901 | €234,735 | -€71,166 | -23.3% |
| Cash at bank and in hand | 54/58 | €33,075 | €14,199 | -€18,876 | -57.1% |
| Deferred charges and accrued income | 490/1 | €926 | €958 | +€31 | +3.4% |
| Total equity and liabilities | 10/49 | €357,340 | €273,221 | -€84,119 | -23.5% |
| Equity | 10/15 | €351,893 | €269,798 | -€82,094 | -23.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €320,906 | €238,811 | -€82,094 | -25.6% |
| Distributable reserves | 133 | €320,906 | €238,811 | -€82,094 | -25.6% |
| Amounts payable | 17/49 | €5,447 | €3,422 | -€2,025 | -37.2% |
| Amounts payable within one year | 42/48 | €5,447 | €3,422 | -€2,025 | -37.2% |
| Trade debts | 44 | €2,357 | €2,065 | -€292 | -12.4% |
| Suppliers | 440/4 | €2,357 | €2,065 | -€292 | -12.4% |
| Taxes, remuneration and social security | 45 | €1,534 | - | -€1,534 | |
| Taxes | 450/3 | €1,534 | - | -€1,534 | |
| Other amounts payable | 47/48 | €1,555 | €1,357 | -€198 | -12.7% |
| Non-recurring operating income | 76A | €14,061 | €39,670 | +€25,609 | +182% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €11,895 | +€11,021 | +1,260% |
| Other operating charges | 640/8 | €628 | €498 | -€130 | -20.7% |
| Non-recurring operating charges | 66A | €630 | - | -€630 | |
| Gross operating margin | 9900 | -€14,510 | €6,011 | +€20,520 | |
| Operating profit (loss) | 9901 | -€16,643 | -€6,383 | +€10,260 | +61.6% |
| Financial income | 75/76B | €11,223 | €14,204 | +€2,981 | +26.6% |
| Recurring financial income | 75 | €11,223 | €14,204 | +€2,981 | +26.6% |
| Financial charges | 65/66B | €11,854 | €87,635 | +€75,781 | +639% |
| Recurring financial charges | 65 | €11,854 | €87,635 | +€75,781 | +639% |
| Profit (loss) for the period before taxes | 9903 | -€17,274 | -€79,814 | -€62,540 | -362% |
| Income taxes | 67/77 | €1,086 | €2,280 | +€1,195 | +110% |
| Profit (loss) for the period | 9904 | -€18,360 | -€82,094 | -€63,735 | -347% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,360 | -€82,094 | -€63,735 | -347% |
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 1 November 2026 via checked.be.