Media Park Development: 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 Park Development
Largest movements
- Cash -€185,894
down €185,894 (-79.1%), from €234,883 to €48,989
mainly Debts after one year (-€215,255) and Receivables within one year (-€125,300)
- Receivables within one year +€125,300
up €125,300 (+44.6%), from €280,958 to €406,258
of which Trade receivables: +€124,609
- Tangible fixed assets -€50,000
down €50,000 (-2.2%), from €2.3m to €2.2m
- Debts after one year -€215,255
down €215,255 (-9.7%), from €2.2m to €2.0m
- Other debts -€79,166
down €79,166 (-44.0%), from €180,000 to €100,834
- Reserves +€64,996
new in 2025: €64,996
- Trade debts +€55,084
up €55,084 (+36.4%), from €151,385 to €206,470
- Accrued charges and deferred income +€28,190
up €28,190 (+89.7%), from €31,418 to €59,608
- Depreciation -€180,000
down €180,000 (-78.3%), from €230,000 to €50,000
- Gross operating margin -€141,384
down €141,384 (-36.7%), from €385,319 to €243,935
- Taxes +€25,074
up €25,074 (+11584.8%), from €216 to €25,291
- Other operating charges +€8,970
up €8,970 (+15.3%), from €58,670 to €67,640
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 | €2,805,700 | €2,690,335 | -€115,365 | -4.1% |
| Fixed assets | 21/28 | €2,284,520 | €2,234,520 | -€50,000 | -2.2% |
| Tangible fixed assets | 22/27 | €2,284,520 | €2,234,520 | -€50,000 | -2.2% |
| Land and buildings | 22 | €2,284,520 | €2,234,520 | -€50,000 | -2.2% |
| Current assets | 29/58 | €521,180 | €455,815 | -€65,365 | -12.5% |
| Amounts receivable within one year | 40/41 | €280,958 | €406,258 | +€125,300 | +44.6% |
| Trade receivables | 40 | - | €124,609 | +€124,609 | |
| Other amounts receivable | 41 | €280,958 | €281,649 | +€690 | +0.2% |
| Cash at bank and in hand | 54/58 | €234,883 | €48,989 | -€185,894 | -79.1% |
| Deferred charges and accrued income | 490/1 | €5,339 | €568 | -€4,771 | -89.4% |
| Total equity and liabilities | 10/49 | €2,805,700 | €2,690,335 | -€115,365 | -4.1% |
| Equity | 10/15 | €15,625 | €84,996 | +€69,371 | +444.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €64,996 | +€64,996 | |
| Distributable reserves | 133 | - | €64,996 | +€64,996 | |
| Profit (loss) carried forward | 14 | -€4,375 | - | +€4,375 | |
| Amounts payable | 17/49 | €2,790,076 | €2,605,340 | -€184,736 | -6.6% |
| Amounts payable after more than one year | 17 | €2,215,709 | €2,000,455 | -€215,255 | -9.7% |
| Financial debts | 170/4 | €2,215,709 | €2,000,455 | -€215,255 | -9.7% |
| Amounts payable within one year | 42/48 | €542,948 | €545,277 | +€2,329 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €211,563 | €215,255 | +€3,692 | +1.7% |
| Trade debts | 44 | €151,385 | €206,470 | +€55,084 | +36.4% |
| Suppliers | 440/4 | €151,385 | €206,470 | +€55,084 | +36.4% |
| Taxes, remuneration and social security | 45 | - | €22,719 | +€22,719 | |
| Taxes | 450/3 | - | €22,719 | +€22,719 | |
| Other amounts payable | 47/48 | €180,000 | €100,834 | -€79,166 | -44.0% |
| Accrued charges and deferred income | 492/3 | €31,418 | €59,608 | +€28,190 | +89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,000 | €50,000 | -€180,000 | -78.3% |
| Other operating charges | 640/8 | €58,670 | €67,640 | +€8,970 | +15.3% |
| Gross operating margin | 9900 | €385,319 | €243,935 | -€141,384 | -36.7% |
| Operating profit (loss) | 9901 | €96,649 | €126,295 | +€29,646 | +30.7% |
| Financial income | 75/76B | €12,344 | €10,607 | -€1,737 | -14.1% |
| Recurring financial income | 75 | €12,344 | €10,607 | -€1,737 | -14.1% |
| Financial charges | 65/66B | €45,128 | €42,241 | -€2,887 | -6.4% |
| Recurring financial charges | 65 | €45,128 | €42,241 | -€2,887 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €63,865 | €94,661 | +€30,796 | +48.2% |
| Income taxes | 67/77 | €216 | €25,291 | +€25,074 | +11584.8% |
| Profit (loss) for the period | 9904 | €63,649 | €69,371 | +€5,722 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,649 | €69,371 | +€5,722 | +9.0% |
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 10 October 2026 via checked.be.