Bulletin 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.
Bulletin Media
Largest movements
- Receivables within one year +€10,770
up €10,770 (+84.9%), from €12,681 to €23,451
- Cash -€1,131
down €1,131 (-69.2%), from €1,636 to €505
mainly Receivables within one year (-€10,770) and Trade debts (-€1,243)
- Deferred charges and accrued income -€406
down €406 (-70.2%), from €578 to €172
- Other debts +€7,427
up €7,427 (+209%), from €3,557 to €10,984
- Tax, wage and social debts +€2,239
up €2,239 (+65.0%), from €3,444 to €5,683
of which Remuneration and social security: +€1,650
- Trade debts -€1,243
down €1,243 (-27.4%), from €4,530 to €3,287
- Profit (loss) carried forward +€633
up €633 (+45.4%), from €1,397 to €2,030
- Gross operating margin +€6,360
up €6,360, from -€4,652 to €1,709
- Other operating charges -€825
down €825 (-67.4%), from €1,225 to €400
- Depreciation -€469
down €469 (-93.4%), from €502 to €33
- Financial charges -€269
down €269 (-29.5%), from €912 to €643
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 | €14,928 | €24,128 | +€9,200 | +61.6% |
| Fixed assets | 21/28 | €33 | €0 | -€33 | -100% |
| Tangible fixed assets | 22/27 | €33 | €0 | -€33 | -100% |
| Furniture and vehicles | 24 | €33 | €0 | -€33 | -100% |
| Current assets | 29/58 | €14,894 | €24,128 | +€9,233 | +62.0% |
| Amounts receivable within one year | 40/41 | €12,681 | €23,451 | +€10,770 | +84.9% |
| Trade receivables | 40 | €12,681 | €23,451 | +€10,770 | +84.9% |
| Cash at bank and in hand | 54/58 | €1,636 | €505 | -€1,131 | -69.2% |
| Deferred charges and accrued income | 490/1 | €578 | €172 | -€406 | -70.2% |
| Total equity and liabilities | 10/49 | €14,928 | €24,128 | +€9,200 | +61.6% |
| Equity | 10/15 | €3,397 | €4,030 | +€633 | +18.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,397 | €2,030 | +€633 | +45.4% |
| Amounts payable | 17/49 | €11,531 | €20,098 | +€8,567 | +74.3% |
| Amounts payable within one year | 42/48 | €11,531 | €20,098 | +€8,567 | +74.3% |
| Financial debts | 43 | - | €144 | +€144 | |
| Credit institutions | 430/8 | - | €144 | +€144 | |
| Trade debts | 44 | €4,530 | €3,287 | -€1,243 | -27.4% |
| Suppliers | 440/4 | €4,530 | €3,287 | -€1,243 | -27.4% |
| Taxes, remuneration and social security | 45 | €3,444 | €5,683 | +€2,239 | +65.0% |
| Taxes | 450/3 | €1,794 | €2,383 | +€589 | +32.9% |
| Remuneration and social security | 454/9 | €1,650 | €3,300 | +€1,650 | +100% |
| Other amounts payable | 47/48 | €3,557 | €10,984 | +€7,427 | +209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | €33 | -€469 | -93.4% |
| Other operating charges | 640/8 | €1,225 | €400 | -€825 | -67.4% |
| Gross operating margin | 9900 | -€4,652 | €1,709 | +€6,360 | |
| Operating profit (loss) | 9901 | -€6,378 | €1,276 | +€7,654 | |
| Financial income | 75/76B | €32 | €0 | -€32 | -98.8% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -98.8% |
| Financial charges | 65/66B | €912 | €643 | -€269 | -29.5% |
| Recurring financial charges | 65 | €912 | €643 | -€269 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€7,258 | €634 | +€7,892 | |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€7,258 | €633 | +€7,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,258 | €633 | +€7,892 |
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 29 October 2026 via checked.be.