HX 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.
HX MEDIA
Largest movements
- Cash +€94,617
up €94,617 (+90.3%), from €104,826 to €199,443
mainly Net result for the year (+€86,103) and Other debts (+€15,549)
- Deferred charges and accrued income +€5,160
up €5,160 (+279.0%), from €1,849 to €7,009
- Reserves +€86,103
up €86,103 (+225.8%), from €38,130 to €124,233
- Other debts +€15,549
up €15,549 (+29.3%), from €53,125 to €68,673
- Gross operating margin +€66,518
up €66,518 (+117.2%), from €56,779 to €123,297
- Taxes +€18,413
up €18,413 (+118.4%), from €15,555 to €33,968
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 | €120,490 | €220,571 | +€100,081 | +83.1% |
| Fixed assets | 21/28 | €1,637 | €2,019 | +€382 | +23.4% |
| Tangible fixed assets | 22/27 | €1,637 | €2,019 | +€382 | +23.4% |
| Furniture and vehicles | 24 | €1,283 | - | -€1,283 | |
| Other tangible fixed assets | 26 | €354 | €2,019 | +€1,665 | +470.2% |
| Current assets | 29/58 | €118,854 | €218,552 | +€99,698 | +83.9% |
| Amounts receivable within one year | 40/41 | €12,178 | €12,100 | -€78 | -0.6% |
| Trade receivables | 40 | €12,100 | €12,100 | = | 0.0% |
| Other amounts receivable | 41 | €78 | - | -€78 | |
| Cash at bank and in hand | 54/58 | €104,826 | €199,443 | +€94,617 | +90.3% |
| Deferred charges and accrued income | 490/1 | €1,849 | €7,009 | +€5,160 | +279.0% |
| Total equity and liabilities | 10/49 | €120,490 | €220,571 | +€100,081 | +83.1% |
| Equity | 10/15 | €56,680 | €142,783 | +€86,103 | +151.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €38,130 | €124,233 | +€86,103 | +225.8% |
| Distributable reserves | 133 | €38,130 | €124,233 | +€86,103 | +225.8% |
| Amounts payable | 17/49 | €63,811 | €77,788 | +€13,978 | +21.9% |
| Amounts payable within one year | 42/48 | €63,423 | €77,788 | +€14,365 | +22.6% |
| Trade debts | 44 | €452 | €1,064 | +€612 | +135.6% |
| Suppliers | 440/4 | €452 | €1,064 | +€612 | +135.6% |
| Taxes, remuneration and social security | 45 | €9,847 | €8,051 | -€1,796 | -18.2% |
| Taxes | 450/3 | €9,847 | €8,051 | -€1,796 | -18.2% |
| Other amounts payable | 47/48 | €53,125 | €68,673 | +€15,549 | +29.3% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,219 | €1,861 | -€358 | -16.1% |
| Other operating charges | 640/8 | €719 | €913 | +€194 | +27.0% |
| Gross operating margin | 9900 | €56,779 | €123,297 | +€66,518 | +117.2% |
| Operating profit (loss) | 9901 | €53,841 | €120,523 | +€66,682 | +123.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €157 | €451 | +€295 | +188.2% |
| Recurring financial charges | 65 | €157 | €451 | +€295 | +188.2% |
| Profit (loss) for the period before taxes | 9903 | €53,685 | €120,071 | +€66,387 | +123.7% |
| Income taxes | 67/77 | €15,555 | €33,968 | +€18,413 | +118.4% |
| Profit (loss) for the period | 9904 | €38,130 | €86,103 | +€47,974 | +125.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,130 | €86,103 | +€47,974 | +125.8% |
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 10 October 2026 via checked.be.