GAGA 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.
GAGA MEDIA
Largest movements
- Receivables within one year +€147,606
up €147,606 (+48.4%), from €304,803 to €452,410
of which Other amounts receivable: +€129,911
- Trade debts +€75,742
up €75,742 (+27.4%), from €276,795 to €352,537
- Profit (loss) carried forward +€63,165
up €63,165 (+22.9%), from €275,618 to €338,783
- Gross operating margin +€29,797
up €29,797 (+44.0%), from €67,686 to €97,483
- Financial income +€5,327
up €5,327 (+25.7%), from €20,700 to €26,027
- Write-downs -€4,202
no longer reported in 2025 (was €4,202)
- Taxes +€1,555
up €1,555 (+8.8%), from €17,761 to €19,315
- Other operating charges -€1,515
down €1,515 (-29.2%), from €5,195 to €3,680
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 | €767,540 | €917,714 | +€150,175 | +19.6% |
| Fixed assets | 21/28 | €39,346 | €42,320 | +€2,974 | +7.6% |
| Tangible fixed assets | 22/27 | €36,457 | €39,431 | +€2,974 | +8.2% |
| Land and buildings | 22 | €34,064 | €37,717 | +€3,653 | +10.7% |
| Furniture and vehicles | 24 | €2,393 | €1,714 | -€679 | -28.4% |
| Financial fixed assets | 28 | €2,888 | €2,888 | = | 0.0% |
| Current assets | 29/58 | €728,194 | €875,395 | +€147,201 | +20.2% |
| Amounts receivable after more than one year | 29 | €373,000 | €373,000 | = | 0.0% |
| Other amounts receivable | 291 | €373,000 | €373,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €304,803 | €452,410 | +€147,606 | +48.4% |
| Trade receivables | 40 | €28,149 | €45,843 | +€17,695 | +62.9% |
| Other amounts receivable | 41 | €276,655 | €406,566 | +€129,911 | +47.0% |
| Current investments | 50/53 | €32,929 | €32,929 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,193 | €16,647 | -€547 | -3.2% |
| Deferred charges and accrued income | 490/1 | €268 | €409 | +€141 | +52.8% |
| Total equity and liabilities | 10/49 | €767,540 | €917,714 | +€150,175 | +19.6% |
| Equity | 10/15 | €422,955 | €486,120 | +€63,165 | +14.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €144,837 | €144,837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,949 | €1,949 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,949 | €1,949 | = | 0.0% |
| Distributable reserves | 133 | €142,888 | €142,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | €275,618 | €338,783 | +€63,165 | +22.9% |
| Amounts payable | 17/49 | €344,585 | €431,594 | +€87,009 | +25.3% |
| Amounts payable within one year | 42/48 | €344,585 | €431,594 | +€87,009 | +25.3% |
| Trade debts | 44 | €276,795 | €352,537 | +€75,742 | +27.4% |
| Suppliers | 440/4 | €276,795 | €352,537 | +€75,742 | +27.4% |
| Taxes, remuneration and social security | 45 | €37,790 | €44,057 | +€6,267 | +16.6% |
| Taxes | 450/3 | €37,790 | €44,057 | +€6,267 | +16.6% |
| Other amounts payable | 47/48 | €30,000 | €35,000 | +€5,000 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €679 | €683 | +€4 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,202 | - | -€4,202 | |
| Other operating charges | 640/8 | €5,195 | €3,680 | -€1,515 | -29.2% |
| Non-recurring operating charges | 66A | - | €372 | +€372 | |
| Gross operating margin | 9900 | €67,686 | €97,483 | +€29,797 | +44.0% |
| Operating profit (loss) | 9901 | €57,610 | €92,748 | +€35,138 | +61.0% |
| Financial income | 75/76B | €20,700 | €26,027 | +€5,327 | +25.7% |
| Recurring financial income | 75 | €20,700 | €26,027 | +€5,327 | +25.7% |
| Financial charges | 65/66B | €2,023 | €1,294 | -€729 | -36.0% |
| Recurring financial charges | 65 | €2,023 | €1,294 | -€729 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €76,286 | €117,481 | +€41,194 | +54.0% |
| Income taxes | 67/77 | €17,761 | €19,315 | +€1,555 | +8.8% |
| Profit (loss) for the period | 9904 | €58,526 | €98,165 | +€39,640 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,526 | €98,165 | +€39,640 | +67.7% |
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 30 October 2026 via checked.be.