MEDIA GSM: what changed
MEDIA GSM
Largest movements
- Cash +€20,475
up €20,475 (+6,245%), from €328 to €20,803
mainly Receivables within one year (+€20,000) and Other debts (+€6,198)
- Receivables within one year -€20,000
down €20,000 (-98.2%), from €20,376 to €376
of which Trade receivables: -€20,009
- Financial fixed assets +€4,000
new in 2025: €4,000
- Tangible fixed assets +€2,640
new in 2025: €2,640
- Stocks and contracts -€850
down €850 (-24.1%), from €3,520 to €2,670
- Other debts +€6,198
up €6,198 (+51.3%), from €12,072 to €18,269
- Tax, wage and social debts +€4,264
up €4,264 (+17.8%), from €23,989 to €28,253
of which Taxes: +€9,698
- Trade debts -€4,261
down €4,261 (-49.6%), from €8,590 to €4,330
- Gross operating margin +€28,136
up €28,136 (+356%), from €7,909 to €36,045
- Purchases and services -€13,874
down €13,874 (-20.6%), from €67,263 to €53,389
- Staff costs -€9,789
down €9,789 (-23.5%), from €41,650 to €31,861
- Taxes +€2,207
up €2,207 (+1,012%), from €218 to €2,426
- Depreciation +€1,320
new in 2025: €1,320
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,223 | €30,489 | +€6,265 | +25.9% |
| Fixed assets | 21/28 | - | €6,640 | +€6,640 | |
| Tangible fixed assets | 22/27 | - | €2,640 | +€2,640 | |
| Furniture and vehicles | 24 | - | €2,640 | +€2,640 | |
| Financial fixed assets | 28 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €24,223 | €23,849 | -€375 | -1.5% |
| Stocks and contracts in progress | 3 | €3,520 | €2,670 | -€850 | -24.1% |
| Stocks | 30/36 | €3,520 | €2,670 | -€850 | -24.1% |
| Amounts receivable within one year | 40/41 | €20,376 | €376 | -€20,000 | -98.2% |
| Trade receivables | 40 | €20,376 | €367 | -€20,009 | -98.2% |
| Other amounts receivable | 41 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €328 | €20,803 | +€20,475 | +6,245% |
| Total equity and liabilities | 10/49 | €24,223 | €30,489 | +€6,265 | +25.9% |
| Equity | 10/15 | -€20,428 | -€20,363 | +€65 | +0.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,928 | -€22,863 | +€65 | +0.3% |
| Amounts payable | 17/49 | €44,651 | €50,852 | +€6,201 | +13.9% |
| Amounts payable within one year | 42/48 | €44,651 | €50,852 | +€6,201 | +13.9% |
| Trade debts | 44 | €8,590 | €4,330 | -€4,261 | -49.6% |
| Suppliers | 440/4 | €8,590 | €4,330 | -€4,261 | -49.6% |
| Taxes, remuneration and social security | 45 | €23,989 | €28,253 | +€4,264 | +17.8% |
| Taxes | 450/3 | €7,939 | €17,637 | +€9,698 | +122% |
| Remuneration and social security | 454/9 | €16,050 | €10,616 | -€5,434 | -33.9% |
| Other amounts payable | 47/48 | €12,072 | €18,269 | +€6,198 | +51.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €67,263 | €53,389 | -€13,874 | -20.6% |
| Remuneration, social security and pensions | 62 | €41,650 | €31,861 | -€9,789 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,320 | +€1,320 | |
| Other operating charges | 640/8 | - | €326 | +€326 | |
| Gross operating margin | 9900 | €7,909 | €36,045 | +€28,136 | +356% |
| Operating profit (loss) | 9901 | -€33,741 | €2,538 | +€36,279 | |
| Financial charges | 65/66B | €59 | €48 | -€11 | -19.1% |
| Recurring financial charges | 65 | €59 | €48 | -€11 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,800 | €2,490 | +€36,290 | |
| Income taxes | 67/77 | €218 | €2,426 | +€2,207 | +1,012% |
| Profit (loss) for the period | 9904 | -€34,018 | €65 | +€34,083 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,018 | €65 | +€34,083 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.