MEDIAFORTA: 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.
MEDIAFORTA
Largest movements
- Tangible fixed assets -€53,199
down €53,199 (-4.4%), from €1.2m to €1.1m
of which Land and buildings: -€45,397
- Current investments -€25,556
no longer reported in 2025 (was €25,556)
- Cash +€24,986
up €24,986 (+323%), from €7,738 to €32,724
mainly Depreciation (+€53,199) and Trade debts (+€28,924)
- Profit (loss) carried forward -€51,523
down €51,523 (-6.2%), from €833,554 to €782,030
- Trade debts +€28,924
up €28,924 (+15.2%), from €190,045 to €218,969
- Other debts -€17,542
down €17,542 (-8.4%), from €208,555 to €191,012
- Debts after one year -€13,637
down €13,637 (-50.0%), from €27,273 to €13,637
- Gross operating margin -€18,977
down €18,977 (-20.8%), from €91,358 to €72,382
- Depreciation -€8,080
down €8,080 (-13.2%), from €61,280 to €53,199
- Other operating charges +€7,461
up €7,461 (+133%), from €5,625 to €13,086
- Taxes +€6,396
up €6,396 (+773%), from €827 to €7,224
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 | €1,289,253 | €1,237,179 | -€52,074 | -4.0% |
| Fixed assets | 21/28 | €1,202,345 | €1,149,146 | -€53,199 | -4.4% |
| Tangible fixed assets | 22/27 | €1,202,345 | €1,149,146 | -€53,199 | -4.4% |
| Land and buildings | 22 | €1,186,383 | €1,140,986 | -€45,397 | -3.8% |
| Furniture and vehicles | 24 | €15,962 | €8,160 | -€7,803 | -48.9% |
| Current assets | 29/58 | €86,908 | €88,034 | +€1,125 | +1.3% |
| Amounts receivable within one year | 40/41 | €53,614 | €46,951 | -€6,664 | -12.4% |
| Trade receivables | 40 | €53,614 | €46,951 | -€6,664 | -12.4% |
| Current investments | 50/53 | €25,556 | - | -€25,556 | |
| Cash at bank and in hand | 54/58 | €7,738 | €32,724 | +€24,986 | +323% |
| Deferred charges and accrued income | 490/1 | - | €8,359 | +€8,359 | |
| Total equity and liabilities | 10/49 | €1,289,253 | €1,237,179 | -€52,074 | -4.0% |
| Equity | 10/15 | €842,654 | €791,130 | -€51,523 | -6.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Distributable reserves | 133 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €833,554 | €782,030 | -€51,523 | -6.2% |
| Amounts payable | 17/49 | €446,600 | €446,049 | -€551 | -0.1% |
| Amounts payable after more than one year | 17 | €27,273 | €13,637 | -€13,637 | -50.0% |
| Financial debts | 170/4 | €27,273 | €13,637 | -€13,637 | -50.0% |
| Amounts payable within one year | 42/48 | €419,326 | €432,412 | +€13,086 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €13,637 | €13,637 | = | 0.0% |
| Trade debts | 44 | €190,045 | €218,969 | +€28,924 | +15.2% |
| Suppliers | 440/4 | €190,045 | €218,969 | +€28,924 | +15.2% |
| Taxes, remuneration and social security | 45 | €7,090 | €8,794 | +€1,704 | +24.0% |
| Taxes | 450/3 | €7,090 | €8,794 | +€1,704 | +24.0% |
| Other amounts payable | 47/48 | €208,555 | €191,012 | -€17,542 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,280 | €53,199 | -€8,080 | -13.2% |
| Other operating charges | 640/8 | €5,625 | €13,086 | +€7,461 | +133% |
| Gross operating margin | 9900 | €91,358 | €72,382 | -€18,977 | -20.8% |
| Operating profit (loss) | 9901 | €24,454 | €6,096 | -€18,358 | -75.1% |
| Financial income | 75/76B | €28 | €26 | -€2 | -7.3% |
| Recurring financial income | 75 | €28 | €26 | -€2 | -7.3% |
| Financial charges | 65/66B | €5,269 | €5,421 | +€152 | +2.9% |
| Recurring financial charges | 65 | €5,269 | €5,421 | +€152 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €19,213 | €700 | -€18,512 | -96.4% |
| Income taxes | 67/77 | €827 | €7,224 | +€6,396 | +773% |
| Profit (loss) for the period | 9904 | €18,385 | -€6,523 | -€24,908 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,385 | -€6,523 | -€24,908 |
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 29 October 2026 via checked.be.