MEDIA-COM: 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.
MEDIA-COM
Largest movements
- Current investments -€221,954
down €221,954 (-49.7%), from €446,954 to €225,000
- Cash -€12,465
down €12,465 (-38.0%), from €32,802 to €20,337
mainly Contributions, distributions and other (-€160,000) and Trade debts (-€30,469)
- Tangible fixed assets +€9,577
up €9,577 (+163.7%), from €5,851 to €15,428
- Reserves -€160,000
down €160,000 (-37.8%), from €423,590 to €263,590
of which Distributable reserves: -€160,000
- Trade debts -€30,469
down €30,469 (-87.5%), from €34,824 to €4,355
- Profit (loss) carried forward -€24,711
down €24,711 (-31.6%), from €78,166 to €53,455
- Gross operating margin -€397,303
down €397,303 (-79.3%), from €501,007 to €103,704
- Staff costs -€266,889
down €266,889 (-68.8%), from €387,977 to €121,088
- Taxes -€41,750
down €41,750 (-98.7%), from €42,314 to €564
- Write-downs +€25,745
up €25,745, from -€25,317 to €428
- Depreciation -€5,662
down €5,662 (-52.5%), from €10,795 to €5,132
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
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 | €590,095 | €373,427 | -€216,667 | -36.7% |
| Fixed assets | 21/28 | €6,656 | €16,419 | +€9,763 | +146.7% |
| Tangible fixed assets | 22/27 | €5,851 | €15,428 | +€9,577 | +163.7% |
| Furniture and vehicles | 24 | €5,851 | €15,428 | +€9,577 | +163.7% |
| Financial fixed assets | 28 | €805 | €991 | +€186 | +23.0% |
| Current assets | 29/58 | €583,438 | €357,008 | -€226,430 | -38.8% |
| Stocks and contracts in progress | 3 | €20,301 | €20,272 | -€29 | -0.1% |
| Stocks | 30/36 | €20,301 | €20,272 | -€29 | -0.1% |
| Amounts receivable within one year | 40/41 | €83,381 | €89,272 | +€5,891 | +7.1% |
| Trade receivables | 40 | €46,777 | €43,636 | -€3,141 | -6.7% |
| Other amounts receivable | 41 | €36,604 | €45,636 | +€9,032 | +24.7% |
| Current investments | 50/53 | €446,954 | €225,000 | -€221,954 | -49.7% |
| Cash at bank and in hand | 54/58 | €32,802 | €20,337 | -€12,465 | -38.0% |
| Deferred charges and accrued income | 490/1 | - | €2,128 | +€2,128 | |
| Total equity and liabilities | 10/49 | €590,095 | €373,427 | -€216,667 | -36.7% |
| Equity | 10/15 | €532,637 | €347,927 | -€184,711 | -34.7% |
| Contributions | 10/11 | €30,881 | €30,881 | = | 0.0% |
| Reserves | 13 | €423,590 | €263,590 | -€160,000 | -37.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €27,130 | €27,130 | = | 0.0% |
| Distributable reserves | 133 | €396,460 | €236,460 | -€160,000 | -40.4% |
| Profit (loss) carried forward | 14 | €78,166 | €53,455 | -€24,711 | -31.6% |
| Amounts payable | 17/49 | €57,457 | €25,501 | -€31,957 | -55.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €57,457 | €25,501 | -€31,957 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | €1,251 | €0 | -€1,251 | -100.0% |
| Financial debts | 43 | €5,044 | €5,040 | -€4 | -0.1% |
| Other loans | 439 | €5,044 | €5,040 | -€4 | -0.1% |
| Trade debts | 44 | €34,824 | €4,355 | -€30,469 | -87.5% |
| Suppliers | 440/4 | €34,824 | €4,355 | -€30,469 | -87.5% |
| Taxes, remuneration and social security | 45 | €15,494 | €16,099 | +€605 | +3.9% |
| Taxes | 450/3 | €862 | €2,000 | +€1,138 | +132.0% |
| Remuneration and social security | 454/9 | €14,632 | €14,099 | -€533 | -3.6% |
| Other amounts payable | 47/48 | €844 | €6 | -€838 | -99.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €22,833 | €1,000 | -€21,833 | -95.6% |
| Remuneration, social security and pensions | 62 | €387,977 | €121,088 | -€266,889 | -68.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,795 | €5,132 | -€5,662 | -52.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,317 | €428 | +€25,745 | |
| Other operating charges | 640/8 | €4,349 | €1,974 | -€2,375 | -54.6% |
| Non-recurring operating charges | 66A | €2,255 | €2,778 | +€523 | +23.2% |
| Gross operating margin | 9900 | €501,007 | €103,704 | -€397,303 | -79.3% |
| Operating profit (loss) | 9901 | €120,948 | -€27,696 | -€148,644 | |
| Financial income | 75/76B | €7,848 | €6,191 | -€1,658 | -21.1% |
| Recurring financial income | 75 | €7,848 | €6,191 | -€1,658 | -21.1% |
| Financial charges | 65/66B | €7,232 | €2,641 | -€4,590 | -63.5% |
| Recurring financial charges | 65 | €7,232 | €2,641 | -€4,590 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | €121,565 | -€24,147 | -€145,712 | |
| Income taxes | 67/77 | €42,314 | €564 | -€41,750 | -98.7% |
| Profit (loss) for the period | 9904 | €79,251 | -€24,711 | -€103,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €79,251 | -€24,711 | -€103,961 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.