Media Partners: 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 Partners
Largest movements
- Receivables within one year +€24,085
up €24,085 (+65.8%), from €36,596 to €60,682
of which Trade receivables: +€27,633
- Cash +€14,924
up €14,924 (+50.2%), from €29,733 to €44,657
mainly Tax, wage and social debts (+€36,893) and Net result for the year (+€15,580)
- Deferred charges and accrued income +€7,881
up €7,881 (+1,457%), from €541 to €8,422
- Tax, wage and social debts +€36,893
up €36,893 (+494%), from €7,473 to €44,367
of which Taxes: +€19,534
- Profit (loss) carried forward +€15,580
up €15,580 (+764%), from €2,039 to €17,620
- Other debts -€14,376
down €14,376 (-23.1%), from €62,319 to €47,944
- Trade debts +€8,439
up €8,439 (+159%), from €5,321 to €13,759
- Gross operating margin +€87,941
up €87,941 (+151%), from €58,319 to €146,259
- Staff costs +€67,842
up €67,842 (+133%), from €50,957 to €118,799
- Taxes +€5,771
up €5,771 (+455%), from €1,267 to €7,038
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 | €78,152 | €124,689 | +€46,537 | +59.5% |
| Fixed assets | 21/28 | €11,281 | €10,928 | -€353 | -3.1% |
| Tangible fixed assets | 22/27 | €7,981 | €7,628 | -€353 | -4.4% |
| Plant, machinery and equipment | 23 | €7,981 | €7,628 | -€353 | -4.4% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €66,871 | €113,761 | +€46,890 | +70.1% |
| Amounts receivable within one year | 40/41 | €36,596 | €60,682 | +€24,085 | +65.8% |
| Trade receivables | 40 | €33,048 | €60,682 | +€27,633 | +83.6% |
| Other amounts receivable | 41 | €3,548 | - | -€3,548 | |
| Cash at bank and in hand | 54/58 | €29,733 | €44,657 | +€14,924 | +50.2% |
| Deferred charges and accrued income | 490/1 | €541 | €8,422 | +€7,881 | +1,457% |
| Total equity and liabilities | 10/49 | €78,152 | €124,689 | +€46,537 | +59.5% |
| Equity | 10/15 | €3,038 | €18,619 | +€15,580 | +513% |
| Contributions | 10/11 | €999 | €999 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,039 | €17,620 | +€15,580 | +764% |
| Amounts payable | 17/49 | €75,113 | €106,070 | +€30,957 | +41.2% |
| Amounts payable within one year | 42/48 | €75,113 | €106,070 | +€30,957 | +41.2% |
| Trade debts | 44 | €5,321 | €13,759 | +€8,439 | +159% |
| Suppliers | 440/4 | €5,321 | €13,759 | +€8,439 | +159% |
| Taxes, remuneration and social security | 45 | €7,473 | €44,367 | +€36,893 | +494% |
| Taxes | 450/3 | €1,267 | €20,802 | +€19,534 | +1,541% |
| Remuneration and social security | 454/9 | €6,206 | €23,565 | +€17,359 | +280% |
| Other amounts payable | 47/48 | €62,319 | €47,944 | -€14,376 | -23.1% |
| Remuneration, social security and pensions | 62 | €50,957 | €118,799 | +€67,842 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,148 | €1,514 | +€365 | +31.8% |
| Other operating charges | 640/8 | €312 | €841 | +€529 | +170% |
| Gross operating margin | 9900 | €58,319 | €146,259 | +€87,941 | +151% |
| Operating profit (loss) | 9901 | €5,902 | €25,106 | +€19,204 | +325% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,595 | €2,488 | -€106 | -4.1% |
| Recurring financial charges | 65 | €2,595 | €2,488 | -€106 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €3,307 | €22,619 | +€19,312 | +584% |
| Income taxes | 67/77 | €1,267 | €7,038 | +€5,771 | +455% |
| Profit (loss) for the period | 9904 | €2,039 | €15,580 | +€13,541 | +664% |
| Profit (loss) for the period to be appropriated | 9905 | €2,039 | €15,580 | +€13,541 | +664% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.