Kow 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.
Kow Media
Largest movements
- Cash -€29,271
down €29,271 (-12.8%), from €229,503 to €200,231
mainly Other debts (-€46,586) and Receivables within one year (-€11,053)
- Receivables within one year +€11,053
up €11,053 (+12.3%), from €90,183 to €101,236
of which Trade receivables: +€11,828
- Other debts -€46,586
down €46,586 (-44.0%), from €105,881 to €59,295
- Trade debts +€21,582
up €21,582 (+72.6%), from €29,727 to €51,309
- Reserves +€8,329
up €8,329 (+4.8%), from €174,275 to €182,604
of which Distributable reserves: +€8,329
- Write-downs +€11,510
up €11,510, from €0 to €11,510
- Gross operating margin +€1,787
up €1,787 (+9.1%), from €19,712 to €21,499
- Financial charges -€1,315
down €1,315 (-36.0%), from €3,651 to €2,336
- Financial income +€820
up €820 (+172%), from €475 to €1,295
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 | €319,686 | €301,759 | -€17,927 | -5.6% |
| Current assets | 29/58 | €319,686 | €301,759 | -€17,927 | -5.6% |
| Amounts receivable within one year | 40/41 | €90,183 | €101,236 | +€11,053 | +12.3% |
| Trade receivables | 40 | €88,402 | €100,230 | +€11,828 | +13.4% |
| Other amounts receivable | 41 | €1,782 | €1,006 | -€775 | -43.5% |
| Cash at bank and in hand | 54/58 | €229,503 | €200,231 | -€29,271 | -12.8% |
| Deferred charges and accrued income | 490/1 | - | €291 | +€291 | |
| Total equity and liabilities | 10/49 | €319,686 | €301,759 | -€17,927 | -5.6% |
| Equity | 10/15 | €180,475 | €188,804 | +€8,329 | +4.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €174,275 | €182,604 | +€8,329 | +4.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €172,415 | €180,744 | +€8,329 | +4.8% |
| Amounts payable | 17/49 | €139,211 | €112,955 | -€26,256 | -18.9% |
| Amounts payable within one year | 42/48 | €136,685 | €111,279 | -€25,406 | -18.6% |
| Trade debts | 44 | €29,727 | €51,309 | +€21,582 | +72.6% |
| Suppliers | 440/4 | €29,727 | €51,309 | +€21,582 | +72.6% |
| Taxes, remuneration and social security | 45 | €1,077 | €676 | -€402 | -37.3% |
| Taxes | 450/3 | €1,077 | €676 | -€402 | -37.3% |
| Other amounts payable | 47/48 | €105,881 | €59,295 | -€46,586 | -44.0% |
| Accrued charges and deferred income | 492/3 | €2,526 | €1,676 | -€850 | -33.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €11,510 | +€11,510 | |
| Other operating charges | 640/8 | €607 | €620 | +€12 | +2.0% |
| Gross operating margin | 9900 | €19,712 | €21,499 | +€1,787 | +9.1% |
| Operating profit (loss) | 9901 | €19,105 | €9,370 | -€9,735 | -51.0% |
| Financial income | 75/76B | €475 | €1,295 | +€820 | +172% |
| Recurring financial income | 75 | €475 | €1,295 | +€820 | +172% |
| Financial charges | 65/66B | €3,651 | €2,336 | -€1,315 | -36.0% |
| Recurring financial charges | 65 | €3,651 | €2,336 | -€1,315 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €15,929 | €8,329 | -€7,600 | -47.7% |
| Profit (loss) for the period | 9904 | €15,929 | €8,329 | -€7,600 | -47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,929 | €8,329 | -€7,600 | -47.7% |
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 28 October 2026 via checked.be.