MEDIA 112: 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.
MEDIA 112
Largest movements
- Cash -€2,463
down €2,463 (-81.8%), from €3,013 to €550
mainly Net result for the year (-€21,890) and Short-term financial debts (-€4,425)
- Receivables within one year -€1,042
down €1,042 (-5.5%), from €19,111 to €18,069
of which Trade receivables: -€4,046
- Tangible fixed assets -€1,000
down €1,000 (-73.8%), from €1,356 to €355
- Profit (loss) carried forward -€21,890
down €21,890 (-71.5%), from -€30,630 to -€52,521
- Tax, wage and social debts +€11,367
up €11,367 (+25.5%), from €44,578 to €55,945
- Trade debts +€9,111
up €9,111 (+484%), from €1,881 to €10,991
- Short-term financial debts -€4,425
no longer reported in 2025 (was €4,425)
- Other debts +€1,703
up €1,703 (+69.2%), from €2,461 to €4,165
- Gross operating margin -€6,571
down €6,571 (-90.3%), from -€7,273 to -€13,844
- Other operating charges +€4,909
up €4,909 (+345%), from €1,423 to €6,332
- Financial charges -€1,717
down €1,717 (-59.0%), from €2,910 to €1,194
- Financial income +€579
up €579 (+1,373%), from €42 to €621
- Depreciation -€212
down €212 (-17.5%), from €1,212 to €1,000
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 | €27,715 | €23,581 | -€4,134 | -14.9% |
| Fixed assets | 21/28 | €5,591 | €4,860 | -€730 | -13.1% |
| Tangible fixed assets | 22/27 | €1,356 | €355 | -€1,000 | -73.8% |
| Furniture and vehicles | 24 | €1,356 | €355 | -€1,000 | -73.8% |
| Financial fixed assets | 28 | €4,235 | €4,505 | +€270 | +6.4% |
| Current assets | 29/58 | €22,124 | €18,720 | -€3,404 | -15.4% |
| Amounts receivable within one year | 40/41 | €19,111 | €18,069 | -€1,042 | -5.5% |
| Trade receivables | 40 | €10,430 | €6,385 | -€4,046 | -38.8% |
| Other amounts receivable | 41 | €8,681 | €11,685 | +€3,004 | +34.6% |
| Cash at bank and in hand | 54/58 | €3,013 | €550 | -€2,463 | -81.8% |
| Deferred charges and accrued income | 490/1 | - | €102 | +€102 | |
| Total equity and liabilities | 10/49 | €27,715 | €23,581 | -€4,134 | -14.9% |
| Equity | 10/15 | -€25,630 | -€47,521 | -€21,890 | -85.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,630 | -€52,521 | -€21,890 | -71.5% |
| Amounts payable | 17/49 | €53,345 | €71,101 | +€17,756 | +33.3% |
| Amounts payable within one year | 42/48 | €53,345 | €71,101 | +€17,756 | +33.3% |
| Financial debts | 43 | €4,425 | - | -€4,425 | |
| Credit institutions | 430/8 | €4,425 | - | -€4,425 | |
| Trade debts | 44 | €1,881 | €10,991 | +€9,111 | +484% |
| Suppliers | 440/4 | €1,881 | €10,991 | +€9,111 | +484% |
| Taxes, remuneration and social security | 45 | €44,578 | €55,945 | +€11,367 | +25.5% |
| Taxes | 450/3 | €44,578 | €55,945 | +€11,367 | +25.5% |
| Other amounts payable | 47/48 | €2,461 | €4,165 | +€1,703 | +69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,212 | €1,000 | -€212 | -17.5% |
| Other operating charges | 640/8 | €1,423 | €6,332 | +€4,909 | +345% |
| Gross operating margin | 9900 | -€7,273 | -€13,844 | -€6,571 | -90.3% |
| Operating profit (loss) | 9901 | -€9,909 | -€21,177 | -€11,268 | -114% |
| Financial income | 75/76B | €42 | €621 | +€579 | +1,373% |
| Recurring financial income | 75 | €42 | €621 | +€579 | +1,373% |
| Financial charges | 65/66B | €2,910 | €1,194 | -€1,717 | -59.0% |
| Recurring financial charges | 65 | €2,910 | €1,194 | -€1,717 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,777 | -€21,749 | -€8,972 | -70.2% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€12,917 | -€21,890 | -€8,974 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,917 | -€21,890 | -€8,974 | -69.5% |
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 19 October 2026 via checked.be.