MEDIA PARTNERS: 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 PARTNERS
Largest movements
- Receivables within one year -€59,100
down €59,100 (-53.2%), from €111,153 to €52,054
of which Trade receivables: -€59,665
- Stocks and contracts -€8,500
down €8,500 (-100.0%), from €8,500 to €0
- Cash -€3,724
down €3,724 (-58.8%), from €6,334 to €2,610
mainly Net result for the year (-€92,115) and Tax, wage and social debts (-€3,564)
- Profit (loss) carried forward -€92,115
down €92,115 (-97.7%), from -€94,295 to -€186,410
- Other debts +€15,606
up €15,606 (+34.8%), from €44,850 to €60,456
- Short-term financial debts +€6,004
up €6,004 (+370.9%), from €1,619 to €7,623
- Tax, wage and social debts -€3,564
down €3,564 (-26.8%), from €13,322 to €9,758
of which Remuneration and social security: -€2,797
- Trade debts +€2,060
up €2,060 (+96.1%), from €2,144 to €4,204
- Other operating charges +€63,008
up €63,008 (+1338.5%), from €4,707 to €67,716
- Gross operating margin -€16,851
down €16,851 (-37.5%), from €44,883 to €28,032
- Staff costs -€1,336
down €1,336 (-2.6%), from €50,576 to €49,240
- Financial charges -€617
down €617 (-19.8%), from €3,122 to €2,504
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 | €141,439 | €69,430 | -€72,009 | -50.9% |
| Fixed assets | 21/28 | €14,249 | €13,523 | -€726 | -5.1% |
| Tangible fixed assets | 22/27 | €14,249 | €13,523 | -€726 | -5.1% |
| Land and buildings | 22 | €13,688 | €13,235 | -€453 | -3.3% |
| Plant, machinery and equipment | 23 | €561 | €288 | -€273 | -48.7% |
| Current assets | 29/58 | €127,190 | €55,907 | -€71,283 | -56.0% |
| Stocks and contracts in progress | 3 | €8,500 | €0 | -€8,500 | -100.0% |
| Stocks | 30/36 | €8,500 | €0 | -€8,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €111,153 | €52,054 | -€59,100 | -53.2% |
| Trade receivables | 40 | €106,348 | €46,683 | -€59,665 | -56.1% |
| Other amounts receivable | 41 | €4,805 | €5,370 | +€565 | +11.8% |
| Cash at bank and in hand | 54/58 | €6,334 | €2,610 | -€3,724 | -58.8% |
| Deferred charges and accrued income | 490/1 | €1,202 | €1,243 | +€41 | +3.4% |
| Total equity and liabilities | 10/49 | €141,439 | €69,430 | -€72,009 | -50.9% |
| Equity | 10/15 | €29,505 | -€62,610 | -€92,115 | |
| Contributions | 10/11 | €123,800 | €123,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,295 | -€186,410 | -€92,115 | -97.7% |
| Amounts payable | 17/49 | €111,934 | €132,040 | +€20,106 | +18.0% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,934 | €82,040 | +€20,106 | +32.5% |
| Financial debts | 43 | €1,619 | €7,623 | +€6,004 | +370.9% |
| Credit institutions | 430/8 | €1,619 | €7,623 | +€6,004 | +370.9% |
| Trade debts | 44 | €2,144 | €4,204 | +€2,060 | +96.1% |
| Suppliers | 440/4 | €2,144 | €4,204 | +€2,060 | +96.1% |
| Taxes, remuneration and social security | 45 | €13,322 | €9,758 | -€3,564 | -26.8% |
| Taxes | 450/3 | €3,863 | €3,096 | -€768 | -19.9% |
| Remuneration and social security | 454/9 | €9,459 | €6,662 | -€2,797 | -29.6% |
| Other amounts payable | 47/48 | €44,850 | €60,456 | +€15,606 | +34.8% |
| Remuneration, social security and pensions | 62 | €50,576 | €49,240 | -€1,336 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €628 | €726 | +€98 | +15.6% |
| Other operating charges | 640/8 | €4,707 | €67,716 | +€63,008 | +1338.5% |
| Gross operating margin | 9900 | €44,883 | €28,032 | -€16,851 | -37.5% |
| Operating profit (loss) | 9901 | -€11,028 | -€89,650 | -€78,622 | -712.9% |
| Financial income | 75/76B | €1 | €39 | +€38 | +2791.1% |
| Recurring financial income | 75 | €1 | €39 | +€38 | +2791.1% |
| Financial charges | 65/66B | €3,122 | €2,504 | -€617 | -19.8% |
| Recurring financial charges | 65 | €3,122 | €2,504 | -€617 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,148 | -€92,115 | -€77,966 | -551.1% |
| Profit (loss) for the period | 9904 | -€14,148 | -€92,115 | -€77,966 | -551.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,148 | -€92,115 | -€77,966 | -551.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.