GK 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.
GK MEDIA
Largest movements
- Tangible fixed assets +€8,806
up €8,806 (+17.7%), from €49,816 to €58,622
- Receivables within one year +€7,187
up €7,187 (+261%), from €2,750 to €9,937
of which Trade receivables: +€7,091
- Cash -€2,693
down €2,693 (-37.7%), from €7,140 to €4,446
mainly Investment in fixed assets (net) (-€26,750) and Net result for the year (-€14,405)
- Intangible fixed assets -€748
down €748 (-37.0%), from €2,021 to €1,273
- Other debts +€20,700
up €20,700 (+274%), from €7,562 to €28,262
- Profit (loss) carried forward -€14,405
down €14,405 (-10.1%), from -€142,370 to -€156,775
- Contributions +€3,800
up €3,800 (+2.1%), from €180,200 to €184,000
- Trade debts +€1,681
up €1,681 (+10.6%), from €15,919 to €17,600
- Advances received +€1,192
new in 2025: €1,192
- Gross operating margin +€45,845
up €45,845, from -€39,588 to €6,257
- Depreciation +€6,039
up €6,039 (+47.7%), from €12,653 to €18,692
- Financial charges +€1,360
up €1,360 (+1,261%), from €108 to €1,467
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 | €61,726 | €74,278 | +€12,552 | +20.3% |
| Fixed assets | 21/28 | €51,836 | €59,895 | +€8,058 | +15.5% |
| Intangible fixed assets | 21 | €2,021 | €1,273 | -€748 | -37.0% |
| Tangible fixed assets | 22/27 | €49,816 | €58,622 | +€8,806 | +17.7% |
| Furniture and vehicles | 24 | €49,816 | €58,622 | +€8,806 | +17.7% |
| Current assets | 29/58 | €9,890 | €14,383 | +€4,493 | +45.4% |
| Amounts receivable within one year | 40/41 | €2,750 | €9,937 | +€7,187 | +261% |
| Trade receivables | 40 | €92 | €7,183 | +€7,091 | +7,667% |
| Other amounts receivable | 41 | €2,658 | €2,754 | +€96 | +3.6% |
| Cash at bank and in hand | 54/58 | €7,140 | €4,446 | -€2,693 | -37.7% |
| Total equity and liabilities | 10/49 | €61,726 | €74,278 | +€12,552 | +20.3% |
| Equity | 10/15 | €37,830 | €27,225 | -€10,605 | -28.0% |
| Contributions | 10/11 | €180,200 | €184,000 | +€3,800 | +2.1% |
| Profit (loss) carried forward | 14 | -€142,370 | -€156,775 | -€14,405 | -10.1% |
| Amounts payable | 17/49 | €23,897 | €47,053 | +€23,157 | +96.9% |
| Amounts payable within one year | 42/48 | €23,481 | €47,053 | +€23,573 | +100% |
| Trade debts | 44 | €15,919 | €17,600 | +€1,681 | +10.6% |
| Suppliers | 440/4 | €15,919 | €17,600 | +€1,681 | +10.6% |
| Advances received on contracts in progress | 46 | - | €1,192 | +€1,192 | |
| Other amounts payable | 47/48 | €7,562 | €28,262 | +€20,700 | +274% |
| Accrued charges and deferred income | 492/3 | €416 | - | -€416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,653 | €18,692 | +€6,039 | +47.7% |
| Other operating charges | 640/8 | €173 | €503 | +€330 | +191% |
| Gross operating margin | 9900 | -€39,588 | €6,257 | +€45,845 | |
| Operating profit (loss) | 9901 | -€52,413 | -€12,938 | +€39,475 | +75.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €108 | €1,467 | +€1,360 | +1,261% |
| Recurring financial charges | 65 | €108 | €1,467 | +€1,360 | +1,261% |
| Profit (loss) for the period before taxes | 9903 | -€52,521 | -€14,405 | +€38,116 | +72.6% |
| Profit (loss) for the period | 9904 | -€52,521 | -€14,405 | +€38,116 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,521 | -€14,405 | +€38,116 | +72.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.