Mach 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.
Mach Media
Largest movements
- Current investments +€346,932
up €346,932 (+28.0%), from €1.2m to €1.6m
- Receivables within one year -€270,667
down €270,667 (-39.9%), from €677,625 to €406,958
of which Trade receivables: -€277,137
- Cash -€37,909
down €37,909 (-30.2%), from €125,405 to €87,495
mainly Current investments (-€346,932) and Accrued charges and deferred income (-€88,376)
- Tangible fixed assets +€26,570
up €26,570 (+348%), from €7,640 to €34,210
of which Furniture and vehicles: +€26,843
- Accrued charges and deferred income -€88,376
down €88,376 (-19.8%), from €445,273 to €356,896
- Reserves +€86,407
up €86,407 (+6.3%), from €1.4m to €1.5m
of which Distributable reserves: +€107,457
- Trade debts +€72,803
up €72,803 (+57.7%), from €126,220 to €199,023
- Staff costs -€258,543
down €258,543 (-61.5%), from €420,108 to €161,564
- Gross operating margin -€168,018
down €168,018 (-37.2%), from €452,236 to €284,218
- Taxes +€37,519
up €37,519 (+464%), from €8,084 to €45,602
- Financial income -€9,897
down €9,897 (-25.9%), from €38,278 to €28,381
- Financial charges +€8,456
up €8,456 (+130%), from €6,484 to €14,941
of which Financial charges: +€8,456
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 | €2,075,665 | €2,150,685 | +€75,019 | +3.6% |
| Fixed assets | 21/28 | €20,671 | €45,939 | +€25,268 | +122% |
| Intangible fixed assets | 21 | €3,231 | €1,929 | -€1,302 | -40.3% |
| Tangible fixed assets | 22/27 | €7,640 | €34,210 | +€26,570 | +348% |
| Land and buildings | 22 | €6,757 | €6,484 | -€273 | -4.0% |
| Furniture and vehicles | 24 | €883 | €27,726 | +€26,843 | +3,041% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €9,800 | €9,800 | = | 0.0% |
| Current assets | 29/58 | €2,054,994 | €2,104,746 | +€49,751 | +2.4% |
| Amounts receivable within one year | 40/41 | €677,625 | €406,958 | -€270,667 | -39.9% |
| Trade receivables | 40 | €646,643 | €369,506 | -€277,137 | -42.9% |
| Other amounts receivable | 41 | €30,982 | €37,452 | +€6,469 | +20.9% |
| Current investments | 50/53 | €1,238,696 | €1,585,628 | +€346,932 | +28.0% |
| Cash at bank and in hand | 54/58 | €125,405 | €87,495 | -€37,909 | -30.2% |
| Deferred charges and accrued income | 490/1 | €13,268 | €24,665 | +€11,396 | +85.9% |
| Total equity and liabilities | 10/49 | €2,075,665 | €2,150,685 | +€75,019 | +3.6% |
| Equity | 10/15 | €1,471,804 | €1,558,210 | +€86,407 | +5.9% |
| Contributions | 10/11 | €92,500 | €92,500 | = | 0.0% |
| Capital | 10 | €92,500 | €92,500 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Uncalled capital | 101 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €1,379,304 | €1,465,710 | +€86,407 | +6.3% |
| Non-distributable reserves | 130/1 | €348,696 | €348,696 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Own shares acquired | 1312 | €338,696 | €338,696 | = | 0.0% |
| Tax-exempt reserves | 132 | €210,500 | €189,450 | -€21,050 | -10.0% |
| Distributable reserves | 133 | €820,108 | €927,564 | +€107,457 | +13.1% |
| Amounts payable | 17/49 | €603,861 | €592,474 | -€11,387 | -1.9% |
| Amounts payable within one year | 42/48 | €158,589 | €235,578 | +€76,989 | +48.5% |
| Trade debts | 44 | €126,220 | €199,023 | +€72,803 | +57.7% |
| Suppliers | 440/4 | €126,220 | €199,023 | +€72,803 | +57.7% |
| Taxes, remuneration and social security | 45 | €32,368 | €36,555 | +€4,186 | +12.9% |
| Taxes | 450/3 | €16,169 | €17,431 | +€1,263 | +7.8% |
| Remuneration and social security | 454/9 | €16,200 | €19,124 | +€2,924 | +18.0% |
| Accrued charges and deferred income | 492/3 | €445,273 | €356,896 | -€88,376 | -19.8% |
| Non-recurring operating income | 76A | €900 | €0 | -€900 | -100% |
| Remuneration, social security and pensions | 62 | €420,108 | €161,564 | -€258,543 | -61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,832 | €2,124 | -€2,708 | -56.0% |
| Other operating charges | 640/8 | €1,320 | €1,961 | +€642 | +48.6% |
| Gross operating margin | 9900 | €452,236 | €284,218 | -€168,018 | -37.2% |
| Operating profit (loss) | 9901 | €25,977 | €118,568 | +€92,591 | +356% |
| Financial income | 75/76B | €38,278 | €28,381 | -€9,897 | -25.9% |
| Recurring financial income | 75 | €38,278 | €28,381 | -€9,897 | -25.9% |
| Financial charges | 65/66B | €6,484 | €14,941 | +€8,456 | +130% |
| Recurring financial charges | 65 | €6,484 | €14,941 | +€8,456 | +130% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €57,771 | €132,009 | +€74,238 | +129% |
| Income taxes | 67/77 | €8,084 | €45,602 | +€37,519 | +464% |
| Profit (loss) for the period | 9904 | €49,687 | €86,407 | +€36,720 | +73.9% |
| Transfer from tax-exempt reserves | 789 | €168,400 | €126,300 | -€42,100 | -25.0% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €218,087 | €107,457 | -€110,630 | -50.7% |
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 29 October 2026 via checked.be.