MEDIAFACTORY: 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.
MEDIAFACTORY
Largest movements
- Tangible fixed assets -€77,248
down €77,248 (-12.0%), from €644,682 to €567,435
of which Land and buildings: -€74,961
- Cash +€15,442
up €15,442 (+1272.3%), from €1,214 to €16,656
mainly Depreciation (+€99,089) and Net result for the year (+€18,540)
- Debts after one year -€70,923
down €70,923 (-25.3%), from €280,209 to €209,286
of which Financial debts: -€70,923
- Profit (loss) carried forward +€18,540
up €18,540 (+8.8%), from -€211,516 to -€192,977
- Other debts -€17,545
down €17,545 (-5.4%), from €325,126 to €307,582
- Tax, wage and social debts +€14,978
up €14,978 (+4366.6%), from €343 to €15,321
- Trade debts -€9,778
down €9,778 (-78.1%), from €12,519 to €2,741
- Gross operating margin +€124,471
up €124,471 (+881.0%), from €14,129 to €138,600
- Taxes +€12,860
up €12,860 (+3871.8%), from €332 to €13,192
- Depreciation -€2,535
down €2,535 (-2.5%), from €101,624 to €99,089
- Financial charges -€1,463
down €1,463 (-16.9%), from €8,659 to €7,196
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 | €656,679 | €589,904 | -€66,774 | -10.2% |
| Fixed assets | 21/28 | €644,707 | €567,460 | -€77,248 | -12.0% |
| Tangible fixed assets | 22/27 | €644,682 | €567,435 | -€77,248 | -12.0% |
| Land and buildings | 22 | €640,264 | €565,303 | -€74,961 | -11.7% |
| Plant, machinery and equipment | 23 | €3,627 | €1,564 | -€2,063 | -56.9% |
| Furniture and vehicles | 24 | €792 | €568 | -€223 | -28.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €11,972 | €22,445 | +€10,473 | +87.5% |
| Amounts receivable within one year | 40/41 | €8,373 | €4,315 | -€4,058 | -48.5% |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Other amounts receivable | 41 | €8,373 | €2,500 | -€5,873 | -70.1% |
| Cash at bank and in hand | 54/58 | €1,214 | €16,656 | +€15,442 | +1272.3% |
| Deferred charges and accrued income | 490/1 | €2,385 | €1,474 | -€911 | -38.2% |
| Total equity and liabilities | 10/49 | €656,679 | €589,904 | -€66,774 | -10.2% |
| Equity | 10/15 | -€53,882 | -€35,342 | +€18,540 | +34.4% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €138,134 | €138,134 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €58,182 | €58,182 | = | 0.0% |
| Distributable reserves | 133 | €78,002 | €78,002 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,516 | -€192,977 | +€18,540 | +8.8% |
| Provisions and deferred taxes | 16 | €19,394 | €19,394 | = | 0.0% |
| Deferred taxes | 168 | €19,394 | €19,394 | = | 0.0% |
| Amounts payable | 17/49 | €691,167 | €605,853 | -€85,314 | -12.3% |
| Amounts payable after more than one year | 17 | €280,209 | €209,286 | -€70,923 | -25.3% |
| Financial debts | 170/4 | €267,729 | €196,806 | -€70,923 | -26.5% |
| Other amounts payable | 178/9 | €12,480 | €12,480 | = | 0.0% |
| Amounts payable within one year | 42/48 | €410,958 | €396,567 | -€14,391 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €72,748 | €70,923 | -€1,825 | -2.5% |
| Financial debts | 43 | €222 | - | -€222 | |
| Credit institutions | 430/8 | €222 | - | -€222 | |
| Trade debts | 44 | €12,519 | €2,741 | -€9,778 | -78.1% |
| Suppliers | 440/4 | €12,519 | €2,741 | -€9,778 | -78.1% |
| Taxes, remuneration and social security | 45 | €343 | €15,321 | +€14,978 | +4366.6% |
| Taxes | 450/3 | €343 | €15,321 | +€14,978 | +4366.6% |
| Other amounts payable | 47/48 | €325,126 | €307,582 | -€17,545 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,624 | €99,089 | -€2,535 | -2.5% |
| Other operating charges | 640/8 | €1,419 | €584 | -€835 | -58.9% |
| Gross operating margin | 9900 | €14,129 | €138,600 | +€124,471 | +881.0% |
| Operating profit (loss) | 9901 | -€88,914 | €38,927 | +€127,841 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -71.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -71.3% |
| Financial charges | 65/66B | €8,659 | €7,196 | -€1,463 | -16.9% |
| Recurring financial charges | 65 | €8,659 | €7,196 | -€1,463 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | -€97,572 | €31,732 | +€129,304 | |
| Income taxes | 67/77 | €332 | €13,192 | +€12,860 | +3871.8% |
| Profit (loss) for the period | 9904 | -€97,904 | €18,540 | +€116,444 | |
| Profit (loss) for the period to be appropriated | 9905 | -€97,904 | €18,540 | +€116,444 |
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 29 September 2026 via checked.be.