JOINTMEDIA: what changed
Two fiscal 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.
JOINTMEDIA
Largest movements
- Cash +€114,077
up €114,077 (+642.3%), from €17,761 to €131,838
mainly Receivables within one year (+€102,037) and Accrued charges and deferred income (+€12,095)
- Receivables within one year -€102,037
down €102,037 (-29.2%), from €349,593 to €247,556
of which Trade receivables: -€104,483
- Tangible fixed assets -€5,558
down €5,558 (-66.9%), from €8,313 to €2,755
of which Land and buildings: -€5,354
- Accrued charges and deferred income +€12,095
up €12,095 (+199.0%), from €6,078 to €18,173
- Profit (loss) carried forward -€8,337
down €8,337 (-4.2%), from -€197,633 to -€205,970
- Staff costs -€56,965
down €56,965 (-31.3%), from €181,742 to €124,777
- Gross operating margin -€16,809
down €16,809 (-9.9%), from €170,643 to €153,834
- Depreciation -€10,906
down €10,906 (-64.0%), from €17,038 to €6,131
- Other operating charges +€4,480
up €4,480 (+39.0%), from €11,490 to €15,971
- Write-downs +€4,158
up €4,158, from €0 to €4,158
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 | €392,977 | €397,676 | +€4,699 | +1.2% |
| Fixed assets | 21/28 | €10,887 | €5,329 | -€5,558 | -51.1% |
| Tangible fixed assets | 22/27 | €8,313 | €2,755 | -€5,558 | -66.9% |
| Land and buildings | 22 | €5,354 | €0 | -€5,354 | -100.0% |
| Plant, machinery and equipment | 23 | €1,245 | €1,093 | -€152 | -12.2% |
| Furniture and vehicles | 24 | €1,713 | €1,661 | -€52 | -3.0% |
| Financial fixed assets | 28 | €2,574 | €2,574 | = | 0.0% |
| Current assets | 29/58 | €382,090 | €392,347 | +€10,257 | +2.7% |
| Amounts receivable within one year | 40/41 | €349,593 | €247,556 | -€102,037 | -29.2% |
| Trade receivables | 40 | €343,999 | €239,516 | -€104,483 | -30.4% |
| Other amounts receivable | 41 | €5,595 | €8,040 | +€2,445 | +43.7% |
| Cash at bank and in hand | 54/58 | €17,761 | €131,838 | +€114,077 | +642.3% |
| Deferred charges and accrued income | 490/1 | €14,736 | €12,953 | -€1,782 | -12.1% |
| Total equity and liabilities | 10/49 | €392,977 | €397,676 | +€4,699 | +1.2% |
| Equity | 10/15 | €320,174 | €311,837 | -€8,337 | -2.6% |
| Contributions | 10/11 | €487,000 | €487,000 | = | 0.0% |
| Capital | 10 | €487,000 | €487,000 | = | 0.0% |
| Issued capital | 100 | €487,000 | €487,000 | = | 0.0% |
| Reserves | 13 | €30,807 | €30,807 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,807 | €8,807 | = | 0.0% |
| Legal reserve | 130 | €8,807 | €8,807 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,633 | -€205,970 | -€8,337 | -4.2% |
| Amounts payable | 17/49 | €72,803 | €85,839 | +€13,036 | +17.9% |
| Amounts payable within one year | 42/48 | €66,725 | €67,666 | +€941 | +1.4% |
| Trade debts | 44 | €33,090 | €33,656 | +€566 | +1.7% |
| Suppliers | 440/4 | €33,090 | €33,656 | +€566 | +1.7% |
| Taxes, remuneration and social security | 45 | €33,635 | €34,010 | +€375 | +1.1% |
| Taxes | 450/3 | €4,106 | €4,541 | +€434 | +10.6% |
| Remuneration and social security | 454/9 | €29,529 | €29,469 | -€59 | -0.2% |
| Accrued charges and deferred income | 492/3 | €6,078 | €18,173 | +€12,095 | +199.0% |
| Remuneration, social security and pensions | 62 | €181,742 | €124,777 | -€56,965 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,038 | €6,131 | -€10,906 | -64.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €4,158 | +€4,158 | |
| Other operating charges | 640/8 | €11,490 | €15,971 | +€4,480 | +39.0% |
| Non-recurring operating charges | 66A | - | €9,600 | +€9,600 | |
| Gross operating margin | 9900 | €170,643 | €153,834 | -€16,809 | -9.9% |
| Operating profit (loss) | 9901 | -€39,627 | -€6,803 | +€32,824 | +82.8% |
| Financial income | 75/76B | €80 | €32 | -€47 | -59.4% |
| Recurring financial income | 75 | €80 | €32 | -€47 | -59.4% |
| Financial charges | 65/66B | €1,881 | €1,566 | -€315 | -16.8% |
| Recurring financial charges | 65 | €1,881 | €1,566 | -€315 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€41,429 | -€8,337 | +€33,092 | +79.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€41,429 | -€8,337 | +€33,092 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,429 | -€8,337 | +€33,092 | +79.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.