MEDIA MUNDI: 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 MUNDI
Largest movements
- Cash +€411,066
up €411,066 (+296%), from €138,932 to €549,998
mainly Investment in fixed assets (net) (+€198,272) and Net result for the year (+€189,869)
- Financial fixed assets -€200,000
down €200,000 (-12.3%), from €1.6m to €1.4m
- Profit (loss) carried forward +€188,944
up €188,944 (+13.9%), from €1.4m to €1.6m
- Gross operating margin +€147,691
up €147,691 (+1,331%), from €11,094 to €158,785
- Depreciation -€2,372
down €2,372 (-39.2%), from €6,052 to €3,680
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 | €1,979,981 | €2,187,306 | +€207,324 | +10.5% |
| Fixed assets | 21/28 | €1,629,934 | €1,427,982 | -€201,953 | -12.4% |
| Tangible fixed assets | 22/27 | €7,434 | €5,482 | -€1,953 | -26.3% |
| Furniture and vehicles | 24 | €7,434 | €5,482 | -€1,953 | -26.3% |
| Financial fixed assets | 28 | €1,622,500 | €1,422,500 | -€200,000 | -12.3% |
| Current assets | 29/58 | €350,047 | €759,324 | +€409,277 | +117% |
| Amounts receivable within one year | 40/41 | €8,227 | €6,013 | -€2,215 | -26.9% |
| Other amounts receivable | 41 | €8,227 | €6,013 | -€2,215 | -26.9% |
| Current investments | 50/53 | €201,211 | €201,607 | +€396 | +0.2% |
| Cash at bank and in hand | 54/58 | €138,932 | €549,998 | +€411,066 | +296% |
| Deferred charges and accrued income | 490/1 | €1,676 | €1,706 | +€30 | +1.8% |
| Total equity and liabilities | 10/49 | €1,979,981 | €2,187,306 | +€207,324 | +10.5% |
| Equity | 10/15 | €1,679,610 | €1,868,554 | +€188,944 | +11.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €311,413 | €311,413 | = | 0.0% |
| Distributable reserves | 133 | €311,413 | €311,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,361,997 | €1,550,940 | +€188,944 | +13.9% |
| Amounts payable | 17/49 | €300,371 | €318,752 | +€18,381 | +6.1% |
| Amounts payable within one year | 42/48 | €273,721 | €294,003 | +€20,282 | +7.4% |
| Trade debts | 44 | €171 | €462 | +€291 | +170% |
| Suppliers | 440/4 | €171 | €462 | +€291 | +170% |
| Taxes, remuneration and social security | 45 | €1,400 | €1,400 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €272,150 | €292,142 | +€19,992 | +7.3% |
| Accrued charges and deferred income | 492/3 | €26,650 | €24,749 | -€1,902 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,052 | €3,680 | -€2,372 | -39.2% |
| Other operating charges | 640/8 | €1,663 | €1,756 | +€93 | +5.6% |
| Gross operating margin | 9900 | €11,094 | €158,785 | +€147,691 | +1,331% |
| Operating profit (loss) | 9901 | €3,378 | €153,348 | +€149,970 | +4,439% |
| Financial income | 75/76B | €56,962 | €57,315 | +€353 | +0.6% |
| Recurring financial income | 75 | €56,962 | €57,315 | +€353 | +0.6% |
| Financial charges | 65/66B | €21,481 | €20,409 | -€1,072 | -5.0% |
| Recurring financial charges | 65 | €21,481 | €20,409 | -€1,072 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €38,860 | €190,255 | +€151,395 | +390% |
| Income taxes | 67/77 | €368 | €385 | +€18 | +4.9% |
| Profit (loss) for the period | 9904 | €38,492 | €189,869 | +€151,377 | +393% |
| Profit (loss) for the period to be appropriated | 9905 | €38,492 | €189,869 | +€151,377 | +393% |
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 27 October 2026 via checked.be.