ISA 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.
ISA MEDIA
Largest movements
- Receivables within one year -€39,600
down €39,600 (-57.9%), from €68,408 to €28,808
of which Trade receivables: -€66,129
- Cash +€16,862
up €16,862 (+6.9%), from €245,251 to €262,113
mainly Other debts (+€115,777) and Receivables within one year (+€39,600)
- Tangible fixed assets -€5,197
down €5,197 (-15.7%), from €33,151 to €27,953
of which Plant, machinery and equipment: -€5,125
- Other debts +€115,777
up €115,777 (+1,730%), from €6,691 to €122,468
- Contributions -€70,000
down €70,000 (-91.9%), from €76,200 to €6,200
- Profit (loss) carried forward -€60,533
new in 2025: -€60,533
- Tax, wage and social debts -€14,009
down €14,009 (-91.0%), from €15,387 to €1,378
of which Taxes: -€14,131
- Accrued charges and deferred income +€7,442
new in 2025: €7,442
- Gross operating margin -€129,864
down €129,864 (-92.8%), from €139,911 to €10,047
- Financial charges +€56,059
up €56,059 (+889%), from €6,303 to €62,362
- Taxes -€39,391
down €39,391 (-100%), from €39,391 to €0
- Other operating charges -€1,502
down €1,502 (-77.3%), from €1,942 to €440
- Depreciation +€1,446
up €1,446 (+19.0%), from €7,598 to €9,044
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 | €348,252 | €320,261 | -€27,991 | -8.0% |
| Fixed assets | 21/28 | €33,151 | €27,953 | -€5,197 | -15.7% |
| Tangible fixed assets | 22/27 | €33,151 | €27,953 | -€5,197 | -15.7% |
| Land and buildings | 22 | €3,195 | €3,054 | -€141 | -4.4% |
| Plant, machinery and equipment | 23 | €15,106 | €9,981 | -€5,125 | -33.9% |
| Furniture and vehicles | 24 | €12,122 | €12,473 | +€350 | +2.9% |
| Other tangible fixed assets | 26 | €2,727 | €2,446 | -€281 | -10.3% |
| Current assets | 29/58 | €315,102 | €292,308 | -€22,793 | -7.2% |
| Amounts receivable within one year | 40/41 | €68,408 | €28,808 | -€39,600 | -57.9% |
| Trade receivables | 40 | €66,994 | €865 | -€66,129 | -98.7% |
| Other amounts receivable | 41 | €1,414 | €27,943 | +€26,529 | +1,876% |
| Cash at bank and in hand | 54/58 | €245,251 | €262,113 | +€16,862 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,443 | €1,388 | -€55 | -3.8% |
| Total equity and liabilities | 10/49 | €348,252 | €320,261 | -€27,991 | -8.0% |
| Equity | 10/15 | €236,959 | €106,425 | -€130,533 | -55.1% |
| Contributions | 10/11 | €76,200 | €6,200 | -€70,000 | -91.9% |
| Reserves | 13 | €160,759 | €160,759 | = | 0.0% |
| Distributable reserves | 133 | €160,759 | €160,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€60,533 | -€60,533 | |
| Amounts payable | 17/49 | €111,293 | €213,836 | +€102,543 | +92.1% |
| Amounts payable after more than one year | 17 | €76,000 | €76,000 | = | 0.0% |
| Other amounts payable | 178/9 | €76,000 | €76,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,293 | €130,394 | +€95,100 | +269% |
| Financial debts | 43 | €1,058 | €1,340 | +€282 | +26.6% |
| Other loans | 439 | €1,058 | €1,340 | +€282 | +26.6% |
| Trade debts | 44 | €12,158 | €5,208 | -€6,950 | -57.2% |
| Suppliers | 440/4 | €12,158 | €5,208 | -€6,950 | -57.2% |
| Taxes, remuneration and social security | 45 | €15,387 | €1,378 | -€14,009 | -91.0% |
| Taxes | 450/3 | €15,387 | €1,256 | -€14,131 | -91.8% |
| Remuneration and social security | 454/9 | - | €122 | +€122 | |
| Other amounts payable | 47/48 | €6,691 | €122,468 | +€115,777 | +1,730% |
| Accrued charges and deferred income | 492/3 | - | €7,442 | +€7,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,598 | €9,044 | +€1,446 | +19.0% |
| Other operating charges | 640/8 | €1,942 | €440 | -€1,502 | -77.3% |
| Gross operating margin | 9900 | €139,911 | €10,047 | -€129,864 | -92.8% |
| Operating profit (loss) | 9901 | €130,372 | €563 | -€129,808 | -99.6% |
| Financial income | 75/76B | €1,034 | €1,265 | +€232 | +22.4% |
| Recurring financial income | 75 | €1,034 | €1,265 | +€232 | +22.4% |
| Financial charges | 65/66B | €6,303 | €62,362 | +€56,059 | +889% |
| Recurring financial charges | 65 | €6,303 | €62,362 | +€56,059 | +889% |
| Profit (loss) for the period before taxes | 9903 | €125,102 | -€60,533 | -€185,635 | |
| Income taxes | 67/77 | €39,391 | €0 | -€39,391 | -100% |
| Profit (loss) for the period | 9904 | €85,711 | -€60,533 | -€146,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €85,711 | -€60,533 | -€146,244 |
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 14 October 2026 via checked.be.