MAASSMEDIA: 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.
MAASSMEDIA
Largest movements
- Receivables after one year -€49,581
down €49,581 (-54.2%), from €91,521 to €41,941
- Cash -€22,725
down €22,725 (-10.0%), from €226,653 to €203,928
mainly Other debts (-€51,964) and Investment in fixed assets (net) (-€18,657)
- Financial fixed assets +€15,000
up €15,000 (+7,317%), from €205 to €15,205
- Other debts -€51,964
down €51,964 (-97.7%), from €53,205 to €1,242
- Profit (loss) carried forward -€41,547
down €41,547 (-100%), from €41,547 to €0
- Reserves +€29,681
up €29,681 (+11.0%), from €269,750 to €299,431
- Tax, wage and social debts +€20,712
up €20,712 (+33.8%), from €61,263 to €81,976
of which Taxes: +€11,520
- Trade debts -€14,219
down €14,219 (-13.5%), from €105,123 to €90,904
- Staff costs +€108,599
up €108,599 (+53.8%), from €202,026 to €310,625
- Gross operating margin +€82,375
up €82,375 (+35.4%), from €232,883 to €315,259
- Write-downs +€10,500
new in 2025: €10,500
- Taxes -€9,532
down €9,532 (-98.1%), from €9,713 to €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 | €538,827 | €481,515 | -€57,312 | -10.6% |
| Fixed assets | 21/28 | €13,928 | €27,228 | +€13,300 | +95.5% |
| Intangible fixed assets | 21 | €2,736 | €1,698 | -€1,039 | -38.0% |
| Tangible fixed assets | 22/27 | €10,987 | €10,326 | -€661 | -6.0% |
| Plant, machinery and equipment | 23 | €699 | €129 | -€570 | -81.5% |
| Furniture and vehicles | 24 | €10,288 | €10,197 | -€91 | -0.9% |
| Financial fixed assets | 28 | €205 | €15,205 | +€15,000 | +7,317% |
| Current assets | 29/58 | €524,899 | €454,287 | -€70,613 | -13.5% |
| Amounts receivable after more than one year | 29 | €91,521 | €41,941 | -€49,581 | -54.2% |
| Other amounts receivable | 291 | €91,521 | €41,941 | -€49,581 | -54.2% |
| Amounts receivable within one year | 40/41 | €203,481 | €203,357 | -€125 | -0.1% |
| Trade receivables | 40 | €196,349 | €193,284 | -€3,065 | -1.6% |
| Other amounts receivable | 41 | €7,133 | €10,073 | +€2,940 | +41.2% |
| Cash at bank and in hand | 54/58 | €226,653 | €203,928 | -€22,725 | -10.0% |
| Deferred charges and accrued income | 490/1 | €3,243 | €5,062 | +€1,818 | +56.1% |
| Total equity and liabilities | 10/49 | €538,827 | €481,515 | -€57,312 | -10.6% |
| Equity | 10/15 | €313,697 | €301,831 | -€11,866 | -3.8% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €269,750 | €299,431 | +€29,681 | +11.0% |
| Distributable reserves | 133 | €269,750 | €299,431 | +€29,681 | +11.0% |
| Profit (loss) carried forward | 14 | €41,547 | €0 | -€41,547 | -100% |
| Amounts payable | 17/49 | €225,130 | €179,684 | -€45,446 | -20.2% |
| Amounts payable within one year | 42/48 | €224,925 | €179,684 | -€45,241 | -20.1% |
| Financial debts | 43 | €5,333 | €5,562 | +€229 | +4.3% |
| Credit institutions | 430/8 | €5,333 | €5,562 | +€229 | +4.3% |
| Trade debts | 44 | €105,123 | €90,904 | -€14,219 | -13.5% |
| Suppliers | 440/4 | €105,123 | €90,904 | -€14,219 | -13.5% |
| Taxes, remuneration and social security | 45 | €61,263 | €81,976 | +€20,712 | +33.8% |
| Taxes | 450/3 | €14,618 | €26,138 | +€11,520 | +78.8% |
| Remuneration and social security | 454/9 | €46,645 | €55,838 | +€9,192 | +19.7% |
| Other amounts payable | 47/48 | €53,205 | €1,242 | -€51,964 | -97.7% |
| Accrued charges and deferred income | 492/3 | €206 | €0 | -€206 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €202,026 | €310,625 | +€108,599 | +53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,426 | €5,356 | +€930 | +21.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,500 | +€10,500 | |
| Other operating charges | 640/8 | €540 | €439 | -€101 | -18.6% |
| Gross operating margin | 9900 | €232,883 | €315,259 | +€82,375 | +35.4% |
| Operating profit (loss) | 9901 | €25,891 | -€11,662 | -€37,553 | |
| Financial income | 75/76B | €2,244 | €1,187 | -€1,057 | -47.1% |
| Recurring financial income | 75 | €2,244 | €1,187 | -€1,057 | -47.1% |
| Financial charges | 65/66B | €2,011 | €1,211 | -€800 | -39.8% |
| Recurring financial charges | 65 | €2,011 | €1,211 | -€800 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €26,125 | -€11,685 | -€37,810 | |
| Income taxes | 67/77 | €9,713 | €180 | -€9,532 | -98.1% |
| Profit (loss) for the period | 9904 | €16,412 | -€11,866 | -€28,278 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,412 | -€11,866 | -€28,278 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.