CLOSEMEDIA: what changed
Two fiscal 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.
CLOSEMEDIA
Largest movements
- Stocks and contracts -€1,661
down €1,661 (-21.2%), from €7,832 to €6,171
- Tangible fixed assets +€1,109
new in 2025: €1,109
- Receivables within one year -€719
down €719 (-34.7%), from €2,071 to €1,352
of which Trade receivables: -€1,315
- Trade debts -€681
down €681 (-90.7%), from €751 to €70
- Other debts -€620
down €620 (-3.9%), from €16,086 to €15,466
- Gross operating margin -€1,051
down €1,051 (-54.2%), from €1,941 to €890
- Financial charges +€340
up €340 (+716.8%), from €47 to €387
- Depreciation +€89
new in 2025: €89
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.
Cash bridge derived
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 | €17,080 | €15,740 | -€1,340 | -7.8% |
| Fixed assets | 21/28 | - | €1,109 | +€1,109 | |
| Tangible fixed assets | 22/27 | - | €1,109 | +€1,109 | |
| Plant, machinery and equipment | 23 | - | €1,109 | +€1,109 | |
| Current assets | 29/58 | €17,080 | €14,631 | -€2,449 | -14.3% |
| Stocks and contracts in progress | 3 | €7,832 | €6,171 | -€1,661 | -21.2% |
| Stocks | 30/36 | €7,832 | €6,171 | -€1,661 | -21.2% |
| Amounts receivable within one year | 40/41 | €2,071 | €1,352 | -€719 | -34.7% |
| Trade receivables | 40 | €1,799 | €484 | -€1,315 | -73.1% |
| Other amounts receivable | 41 | €273 | €868 | +€596 | +218.6% |
| Cash at bank and in hand | 54/58 | €7,177 | €7,108 | -€69 | -1.0% |
| Total equity and liabilities | 10/49 | €17,080 | €15,740 | -€1,340 | -7.8% |
| Equity | 10/15 | €244 | €205 | -€39 | -16.0% |
| Contributions | 10/11 | €39,000 | €39,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,756 | -€38,795 | -€39 | -0.1% |
| Amounts payable | 17/49 | €16,837 | €15,536 | -€1,301 | -7.7% |
| Amounts payable within one year | 42/48 | €16,837 | €15,536 | -€1,301 | -7.7% |
| Trade debts | 44 | €751 | €70 | -€681 | -90.7% |
| Suppliers | 440/4 | €751 | €70 | -€681 | -90.7% |
| Other amounts payable | 47/48 | €16,086 | €15,466 | -€620 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €89 | +€89 | |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €1,941 | €890 | -€1,051 | -54.2% |
| Operating profit (loss) | 9901 | €1,490 | €336 | -€1,154 | -77.4% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €47 | €387 | +€340 | +716.8% |
| Recurring financial charges | 65 | €47 | €387 | +€340 | +716.8% |
| Profit (loss) for the period before taxes | 9903 | €1,443 | -€39 | -€1,482 | |
| Profit (loss) for the period | 9904 | €1,443 | -€39 | -€1,482 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,443 | -€39 | -€1,482 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.