MAMEDIA: 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.
MAMEDIA
Largest movements
- Tangible fixed assets -€1,311
down €1,311 (-56.4%), from €2,324 to €1,013
of which Furniture and vehicles: -€911
- Receivables within one year -€466
no longer reported in 2025 (was €466)
- Deferred charges and accrued income -€203
down €203 (-28.3%), from €718 to €515
- Other debts -€3,235
down €3,235 (-9.7%), from €33,520 to €30,285
- Short-term financial debts +€2,359
up €2,359 (+89.9%), from €2,624 to €4,982
- Profit (loss) carried forward -€1,547
down €1,547 (-2.8%), from -€55,660 to -€57,206
- Tax, wage and social debts +€288
up €288 (+28.7%), from €1,004 to €1,292
- Trade debts +€154
up €154 (+2.1%), from €7,487 to €7,642
- Gross operating margin +€3,146
up €3,146, from -€1,127 to €2,019
- Depreciation -€1,855
down €1,855 (-58.6%), from €3,166 to €1,311
- Financial charges -€44
down €44 (-7.8%), from €571 to €526
- Other operating charges +€31
up €31 (+2.8%), from €1,116 to €1,147
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,509 | €1,528 | -€1,981 | -56.4% |
| Fixed assets | 21/28 | €2,324 | €1,013 | -€1,311 | -56.4% |
| Tangible fixed assets | 22/27 | €2,324 | €1,013 | -€1,311 | -56.4% |
| Plant, machinery and equipment | 23 | €312 | €54 | -€257 | -82.6% |
| Furniture and vehicles | 24 | €911 | - | -€911 | |
| Other tangible fixed assets | 26 | €1,101 | €959 | -€143 | -13.0% |
| Current assets | 29/58 | €1,184 | €515 | -€669 | -56.5% |
| Amounts receivable within one year | 40/41 | €466 | - | -€466 | |
| Other amounts receivable | 41 | €466 | - | -€466 | |
| Deferred charges and accrued income | 490/1 | €718 | €515 | -€203 | -28.3% |
| Total equity and liabilities | 10/49 | €3,509 | €1,528 | -€1,981 | -56.4% |
| Equity | 10/15 | -€41,126 | -€42,673 | -€1,547 | -3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,133 | €2,133 | = | 0.0% |
| 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 | €273 | €273 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,660 | -€57,206 | -€1,547 | -2.8% |
| Amounts payable | 17/49 | €44,635 | €44,201 | -€434 | -1.0% |
| Amounts payable within one year | 42/48 | €44,635 | €44,201 | -€434 | -1.0% |
| Financial debts | 43 | €2,624 | €4,982 | +€2,359 | +89.9% |
| Credit institutions | 430/8 | €2,624 | €4,982 | +€2,359 | +89.9% |
| Trade debts | 44 | €7,487 | €7,642 | +€154 | +2.1% |
| Suppliers | 440/4 | €7,487 | €7,642 | +€154 | +2.1% |
| Taxes, remuneration and social security | 45 | €1,004 | €1,292 | +€288 | +28.7% |
| Taxes | 450/3 | €1,004 | €1,292 | +€288 | +28.7% |
| Other amounts payable | 47/48 | €33,520 | €30,285 | -€3,235 | -9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,166 | €1,311 | -€1,855 | -58.6% |
| Other operating charges | 640/8 | €1,116 | €1,147 | +€31 | +2.8% |
| Gross operating margin | 9900 | -€1,127 | €2,019 | +€3,146 | |
| Operating profit (loss) | 9901 | -€5,408 | -€439 | +€4,970 | +91.9% |
| Financial charges | 65/66B | €571 | €526 | -€44 | -7.8% |
| Recurring financial charges | 65 | €571 | €526 | -€44 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,979 | -€965 | +€5,014 | +83.9% |
| Income taxes | 67/77 | €567 | €582 | +€15 | +2.6% |
| Profit (loss) for the period | 9904 | -€6,546 | -€1,547 | +€5,000 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,546 | -€1,547 | +€5,000 | +76.4% |
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.