Equ.Media: 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.
Equ.Media
Largest movements
- Tangible fixed assets +€273,435
up €273,435 (+64.3%), from €425,431 to €698,866
of which Land and buildings: +€251,434
- Receivables within one year +€154,069
up €154,069 (+64.1%), from €240,457 to €394,526
of which Trade receivables: +€155,241
- Cash +€138,152
up €138,152 (+36.0%), from €384,201 to €522,352
mainly Net result for the year (+€382,633) and Contributions, distributions and other (+€281,077)
- Deferred charges and accrued income -€31,638
down €31,638 (-86.7%), from €36,477 to €4,839
- Profit (loss) carried forward +€382,633
up €382,633 (+113.7%), from €336,458 to €719,091
- Revaluation surpluses +€281,077
new in 2025: €281,077
- Trade debts -€60,375
down €60,375 (-26.4%), from €229,014 to €168,639
- Other debts -€44,728
down €44,728 (-72.6%), from €61,576 to €16,848
- Accrued charges and deferred income -€24,720
down €24,720 (-8.2%), from €300,450 to €275,730
- Gross operating margin +€375,351
up €375,351 (+183.8%), from €204,172 to €579,523
- Staff costs +€34,749
up €34,749 (+66.7%), from €52,124 to €86,873
- Financial charges +€16,309
up €16,309 (+338.6%), from €4,816 to €21,126
- Depreciation +€10,186
up €10,186 (+28.1%), from €36,262 to €46,448
- Taxes +€8,593
up €8,593 (+27.9%), from €30,826 to €39,420
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 | €1,086,666 | €1,620,683 | +€534,017 | +49.1% |
| Fixed assets | 21/28 | €425,531 | €698,966 | +€273,435 | +64.3% |
| Tangible fixed assets | 22/27 | €425,431 | €698,866 | +€273,435 | +64.3% |
| Land and buildings | 22 | €375,864 | €627,297 | +€251,434 | +66.9% |
| Plant, machinery and equipment | 23 | €10,432 | €9,415 | -€1,016 | -9.7% |
| Furniture and vehicles | 24 | €17,070 | €40,087 | +€23,018 | +134.8% |
| Other tangible fixed assets | 26 | €22,066 | €22,066 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €661,135 | €921,717 | +€260,582 | +39.4% |
| Amounts receivable within one year | 40/41 | €240,457 | €394,526 | +€154,069 | +64.1% |
| Trade receivables | 40 | €118,497 | €273,738 | +€155,241 | +131.0% |
| Other amounts receivable | 41 | €121,960 | €120,788 | -€1,172 | -1.0% |
| Cash at bank and in hand | 54/58 | €384,201 | €522,352 | +€138,152 | +36.0% |
| Deferred charges and accrued income | 490/1 | €36,477 | €4,839 | -€31,638 | -86.7% |
| Total equity and liabilities | 10/49 | €1,086,666 | €1,620,683 | +€534,017 | +49.1% |
| Equity | 10/15 | €337,458 | €1,001,169 | +€663,710 | +196.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €281,077 | +€281,077 | |
| Profit (loss) carried forward | 14 | €336,458 | €719,091 | +€382,633 | +113.7% |
| Amounts payable | 17/49 | €749,208 | €619,515 | -€129,694 | -17.3% |
| Amounts payable after more than one year | 17 | €117,713 | €107,319 | -€10,394 | -8.8% |
| Financial debts | 170/4 | €117,713 | €107,319 | -€10,394 | -8.8% |
| Amounts payable within one year | 42/48 | €331,045 | €236,467 | -€94,579 | -28.6% |
| Current portion of amounts payable after more than one year | 42 | €12,372 | €12,467 | +€94 | +0.8% |
| Trade debts | 44 | €229,014 | €168,639 | -€60,375 | -26.4% |
| Suppliers | 440/4 | €229,014 | €168,639 | -€60,375 | -26.4% |
| Taxes, remuneration and social security | 45 | €28,083 | €38,513 | +€10,430 | +37.1% |
| Taxes | 450/3 | €25,741 | €34,708 | +€8,966 | +34.8% |
| Remuneration and social security | 454/9 | €2,342 | €3,805 | +€1,464 | +62.5% |
| Other amounts payable | 47/48 | €61,576 | €16,848 | -€44,728 | -72.6% |
| Accrued charges and deferred income | 492/3 | €300,450 | €275,730 | -€24,720 | -8.2% |
| Non-recurring operating income | 76A | - | €1,320 | +€1,320 | |
| Remuneration, social security and pensions | 62 | €52,124 | €86,873 | +€34,749 | +66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,262 | €46,448 | +€10,186 | +28.1% |
| Other operating charges | 640/8 | €2,760 | €3,920 | +€1,160 | +42.0% |
| Non-recurring operating charges | 66A | - | €1,044 | +€1,044 | |
| Gross operating margin | 9900 | €204,172 | €579,523 | +€375,351 | +183.8% |
| Operating profit (loss) | 9901 | €113,025 | €441,238 | +€328,213 | +290.4% |
| Financial income | 75/76B | €10 | €1,941 | +€1,931 | +19970.6% |
| Recurring financial income | 75 | €10 | €1,941 | +€1,931 | +19970.6% |
| Financial charges | 65/66B | €4,816 | €21,126 | +€16,309 | +338.6% |
| Recurring financial charges | 65 | €4,816 | €21,126 | +€16,309 | +338.6% |
| Profit (loss) for the period before taxes | 9903 | €108,218 | €422,053 | +€313,834 | +290.0% |
| Income taxes | 67/77 | €30,826 | €39,420 | +€8,593 | +27.9% |
| Profit (loss) for the period | 9904 | €77,392 | €382,633 | +€305,241 | +394.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,392 | €382,633 | +€305,241 | +394.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.