HAPPYMEDIA: 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.
HAPPYMEDIA
Largest movements
- Receivables within one year -€2,579
down €2,579 (-7.5%), from €34,234 to €31,655
of which Trade receivables: -€4,946
- Cash +€742
up €742 (+11.7%), from €6,314 to €7,056
mainly Receivables within one year (+€2,579) and Net result for the year (+€1,050)
- Trade debts -€1,962
down €1,962 (-10.6%), from €18,449 to €16,487
- Reserves +€790
up €790 (+42.5%), from €1,860 to €2,650
- Tax, wage and social debts -€765
down €765 (-25.2%), from €3,041 to €2,276
- Gross operating margin -€9,404
down €9,404 (-74.2%), from €12,677 to €3,273
- Taxes -€583
down €583 (-95.7%), from €609 to €26
- Other operating charges +€410
up €410 (+26.8%), from €1,530 to €1,940
- Staff costs -€180
no longer reported in 2025 (was €180)
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 | €41,969 | €40,292 | -€1,678 | -4.0% |
| Fixed assets | 21/28 | €600 | €600 | = | 0.0% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €41,369 | €39,692 | -€1,678 | -4.1% |
| Amounts receivable within one year | 40/41 | €34,234 | €31,655 | -€2,579 | -7.5% |
| Trade receivables | 40 | €26,102 | €21,156 | -€4,946 | -18.9% |
| Other amounts receivable | 41 | €8,132 | €10,499 | +€2,367 | +29.1% |
| Current investments | 50/53 | €5 | €5 | +€0 | +0.2% |
| Cash at bank and in hand | 54/58 | €6,314 | €7,056 | +€742 | +11.7% |
| Deferred charges and accrued income | 490/1 | €816 | €975 | +€159 | +19.5% |
| Total equity and liabilities | 10/49 | €41,969 | €40,292 | -€1,678 | -4.0% |
| Equity | 10/15 | €20,200 | €21,250 | +€1,050 | +5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €2,650 | +€790 | +42.5% |
| Non-distributable reserves | 130/1 | €1,860 | €2,650 | +€790 | +42.5% |
| Reserves not available under the articles | 1311 | €1,860 | €2,650 | +€790 | +42.5% |
| Profit (loss) carried forward | 14 | -€260 | - | +€260 | |
| Amounts payable | 17/49 | €21,769 | €19,042 | -€2,727 | -12.5% |
| Amounts payable within one year | 42/48 | €21,769 | €19,042 | -€2,727 | -12.5% |
| Trade debts | 44 | €18,449 | €16,487 | -€1,962 | -10.6% |
| Suppliers | 440/4 | €18,449 | €16,487 | -€1,962 | -10.6% |
| Taxes, remuneration and social security | 45 | €3,041 | €2,276 | -€765 | -25.2% |
| Taxes | 450/3 | €3,041 | €2,276 | -€765 | -25.2% |
| Other amounts payable | 47/48 | €278 | €278 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €180 | - | -€180 | |
| Other operating charges | 640/8 | €1,530 | €1,940 | +€410 | +26.8% |
| Gross operating margin | 9900 | €12,677 | €3,273 | -€9,404 | -74.2% |
| Operating profit (loss) | 9901 | €10,967 | €1,333 | -€9,634 | -87.8% |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.9% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.9% |
| Financial charges | 65/66B | €274 | €257 | -€17 | -6.1% |
| Recurring financial charges | 65 | €274 | €257 | -€17 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €10,707 | €1,076 | -€9,631 | -90.0% |
| Income taxes | 67/77 | €609 | €26 | -€583 | -95.7% |
| Profit (loss) for the period | 9904 | €10,098 | €1,050 | -€9,048 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,098 | €1,050 | -€9,048 | -89.6% |
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 26 October 2026 via checked.be.