MEDIA LUNA: 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 LUNA
Largest movements
- Cash -€10,360
down €10,360 (-99.3%), from €10,437 to €77
mainly Investment in fixed assets (net) (-€26,235) and Other debts (-€13,723)
- Profit (loss) carried forward +€20,902
up €20,902 (+49.5%), from -€42,247 to -€21,345
- Other debts -€13,723
down €13,723 (-18.4%), from €74,507 to €60,784
- Debts after one year -€10,966
down €10,966 (-6.5%), from €168,601 to €157,635
- Reserves -€9,105
down €9,105 (-4.7%), from €192,781 to €183,677
of which Tax-exempt reserves: -€9,105
- Gross operating margin +€29,559
up €29,559 (+101%), from €29,207 to €58,766
- Financial charges +€5,391
up €5,391 (+63.4%), from €8,508 to €13,899
- Other operating charges -€5,262
down €5,262 (-58.1%), from €9,063 to €3,801
- Taxes +€2,706
up €2,706 (+7,106%), from €38 to €2,744
- Depreciation +€2,333
up €2,333 (+8.5%), from €27,339 to €29,672
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 | €541,546 | €530,738 | -€10,809 | -2.0% |
| Fixed assets | 21/28 | €517,452 | €514,016 | -€3,437 | -0.7% |
| Tangible fixed assets | 22/27 | €517,452 | €514,016 | -€3,437 | -0.7% |
| Land and buildings | 22 | €514,881 | €512,428 | -€2,453 | -0.5% |
| Furniture and vehicles | 24 | €2,571 | €1,588 | -€983 | -38.2% |
| Current assets | 29/58 | €24,094 | €16,722 | -€7,372 | -30.6% |
| Amounts receivable within one year | 40/41 | €13,657 | €14,671 | +€1,014 | +7.4% |
| Trade receivables | 40 | €12,990 | €13,650 | +€660 | +5.1% |
| Other amounts receivable | 41 | €667 | €1,021 | +€354 | +53.1% |
| Cash at bank and in hand | 54/58 | €10,437 | €77 | -€10,360 | -99.3% |
| Deferred charges and accrued income | 490/1 | - | €1,974 | +€1,974 | |
| Total equity and liabilities | 10/49 | €541,546 | €530,738 | -€10,809 | -2.0% |
| Equity | 10/15 | €196,311 | €208,108 | +€11,797 | +6.0% |
| Contributions | 10/11 | €45,776 | €45,776 | = | 0.0% |
| Reserves | 13 | €192,781 | €183,677 | -€9,105 | -4.7% |
| Tax-exempt reserves | 132 | €165,407 | €156,302 | -€9,105 | -5.5% |
| Distributable reserves | 133 | €27,374 | €27,374 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,247 | -€21,345 | +€20,902 | +49.5% |
| Provisions and deferred taxes | 16 | €55,136 | €52,101 | -€3,035 | -5.5% |
| Deferred taxes | 168 | €55,136 | €52,101 | -€3,035 | -5.5% |
| Amounts payable | 17/49 | €290,100 | €270,529 | -€19,571 | -6.7% |
| Amounts payable after more than one year | 17 | €168,601 | €157,635 | -€10,966 | -6.5% |
| Financial debts | 170/4 | €168,601 | €157,635 | -€10,966 | -6.5% |
| Amounts payable within one year | 42/48 | €121,499 | €112,895 | -€8,604 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €21,635 | €24,891 | +€3,256 | +15.0% |
| Financial debts | 43 | - | €1,383 | +€1,383 | |
| Credit institutions | 430/8 | - | €1,383 | +€1,383 | |
| Trade debts | 44 | €16,707 | €14,370 | -€2,338 | -14.0% |
| Suppliers | 440/4 | €16,707 | €14,370 | -€2,338 | -14.0% |
| Taxes, remuneration and social security | 45 | €8,650 | €11,467 | +€2,817 | +32.6% |
| Taxes | 450/3 | €8,650 | €11,467 | +€2,817 | +32.6% |
| Other amounts payable | 47/48 | €74,507 | €60,784 | -€13,723 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,339 | €29,672 | +€2,333 | +8.5% |
| Other operating charges | 640/8 | €9,063 | €3,801 | -€5,262 | -58.1% |
| Gross operating margin | 9900 | €29,207 | €58,766 | +€29,559 | +101% |
| Operating profit (loss) | 9901 | -€7,195 | €25,293 | +€32,488 | |
| Financial income | 75/76B | €436 | €113 | -€323 | -74.1% |
| Recurring financial income | 75 | €436 | €113 | -€323 | -74.1% |
| Financial charges | 65/66B | €8,508 | €13,899 | +€5,391 | +63.4% |
| Recurring financial charges | 65 | €8,508 | €13,899 | +€5,391 | +63.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,267 | €11,506 | +€26,773 | |
| Transfer from deferred taxes | 780 | €3,035 | €3,035 | = | 0.0% |
| Income taxes | 67/77 | €38 | €2,744 | +€2,706 | +7,106% |
| Profit (loss) for the period | 9904 | -€12,270 | €11,797 | +€24,067 | |
| Transfer from tax-exempt reserves | 789 | €9,105 | €9,105 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,165 | €20,902 | +€24,067 |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.