MEDIACTIEF: 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.
MEDIACTIEF
Largest movements
- Tangible fixed assets -€20,430
down €20,430 (-6.2%), from €329,334 to €308,904
of which Furniture and vehicles: -€11,019
- Cash -€15,153
down €15,153 (-16.8%), from €90,206 to €75,053
mainly Contributions, distributions and other (-€50,000) and Investment in fixed assets (net) (-€7,776)
- Receivables within one year -€5,237
down €5,237 (-31.3%), from €16,710 to €11,473
of which Other amounts receivable: -€3,332
- Reserves -€39,927
down €39,927 (-16.0%), from €250,104 to €210,176
- Gross operating margin +€19,172
up €19,172 (+55.2%), from €34,743 to €53,915
- Taxes +€3,293
up €3,293 (+1,791%), from €184 to €3,477
- Financial charges -€831
down €831 (-8.8%), from €9,484 to €8,653
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 | €440,040 | €398,463 | -€41,577 | -9.4% |
| Fixed assets | 21/28 | €329,378 | €308,947 | -€20,430 | -6.2% |
| Tangible fixed assets | 22/27 | €329,334 | €308,904 | -€20,430 | -6.2% |
| Land and buildings | 22 | €284,964 | €276,312 | -€8,652 | -3.0% |
| Plant, machinery and equipment | 23 | €5,178 | €4,418 | -€760 | -14.7% |
| Furniture and vehicles | 24 | €38,044 | €27,025 | -€11,019 | -29.0% |
| Other tangible fixed assets | 26 | €1,149 | €1,149 | = | 0.0% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €110,662 | €89,516 | -€21,146 | -19.1% |
| Amounts receivable within one year | 40/41 | €16,710 | €11,473 | -€5,237 | -31.3% |
| Trade receivables | 40 | €11,710 | €9,805 | -€1,905 | -16.3% |
| Other amounts receivable | 41 | €5,000 | €1,668 | -€3,332 | -66.6% |
| Cash at bank and in hand | 54/58 | €90,206 | €75,053 | -€15,153 | -16.8% |
| Deferred charges and accrued income | 490/1 | €3,747 | €2,990 | -€756 | -20.2% |
| Total equity and liabilities | 10/49 | €440,040 | €398,463 | -€41,577 | -9.4% |
| Equity | 10/15 | €287,304 | €247,376 | -€39,927 | -13.9% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €250,104 | €210,176 | -€39,927 | -16.0% |
| Distributable reserves | 133 | €250,104 | €210,176 | -€39,927 | -16.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €152,736 | €151,087 | -€1,649 | -1.1% |
| Amounts payable after more than one year | 17 | €123,464 | €124,096 | +€633 | +0.5% |
| Financial debts | 170/4 | €12,684 | €6,436 | -€6,248 | -49.3% |
| Other amounts payable | 178/9 | €110,780 | €117,660 | +€6,881 | +6.2% |
| Amounts payable within one year | 42/48 | €29,272 | €26,971 | -€2,301 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €10,016 | €11,577 | +€1,561 | +15.6% |
| Trade debts | 44 | €8,076 | €6,055 | -€2,021 | -25.0% |
| Suppliers | 440/4 | €8,076 | €6,055 | -€2,021 | -25.0% |
| Taxes, remuneration and social security | 45 | €11,179 | €9,339 | -€1,841 | -16.5% |
| Taxes | 450/3 | €8,762 | €6,903 | -€1,858 | -21.2% |
| Remuneration and social security | 454/9 | €2,418 | €2,436 | +€18 | +0.7% |
| Accrued charges and deferred income | 492/3 | - | €19 | +€19 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,719 | €28,206 | +€487 | +1.8% |
| Other operating charges | 640/8 | €3,865 | €3,996 | +€131 | +3.4% |
| Gross operating margin | 9900 | €34,743 | €53,915 | +€19,172 | +55.2% |
| Operating profit (loss) | 9901 | €3,160 | €21,713 | +€18,554 | +587% |
| Financial income | 75/76B | €0 | €489 | +€489 | +698,714% |
| Recurring financial income | 75 | €0 | €489 | +€489 | +698,714% |
| Financial charges | 65/66B | €9,484 | €8,653 | -€831 | -8.8% |
| Recurring financial charges | 65 | €9,484 | €8,653 | -€831 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,324 | €13,550 | +€19,874 | |
| Income taxes | 67/77 | €184 | €3,477 | +€3,293 | +1,791% |
| Profit (loss) for the period | 9904 | -€6,508 | €10,073 | +€16,581 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,508 | €10,073 | +€16,581 |
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 23 October 2026 via checked.be.