MediaGuru: 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.
MediaGuru
Largest movements
- Tangible fixed assets -€310,644
down €310,644 (-96.3%), from €322,695 to €12,051
of which Land and buildings: -€300,000
- Cash +€115,498
up €115,498 (+78.2%), from €147,667 to €263,165
mainly Investment in fixed assets (net) (+€304,447) and Net result for the year (+€127,513)
- Receivables within one year -€46,167
down €46,167 (-95.1%), from €48,569 to €2,403
of which Trade receivables: -€44,895
- Debts after one year -€275,000
down €275,000 (-100.0%), from €275,000 to €0
- Other debts +€89,931
up €89,931 (+127.1%), from €70,742 to €160,672
- Tax, wage and social debts -€27,501
down €27,501 (-65.1%), from €42,251 to €14,750
of which Taxes: -€24,460
- Reserves -€22,487
down €22,487 (-21.2%), from €106,225 to €83,738
- Gross operating margin +€83,054
up €83,054 (+53.3%), from €155,732 to €238,786
- Depreciation -€39,890
down €39,890 (-84.0%), from €47,492 to €7,602
- Taxes +€31,533
up €31,533 (+193.1%), from €16,326 to €47,859
- Financial charges -€5,647
down €5,647 (-39.0%), from €14,481 to €8,834
- Staff costs +€3,947
up €3,947 (+9.8%), from €40,368 to €44,315
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 | €523,746 | €281,358 | -€242,388 | -46.3% |
| Fixed assets | 21/28 | €324,100 | €12,051 | -€312,049 | -96.3% |
| Intangible fixed assets | 21 | €1,406 | €0 | -€1,406 | -100.0% |
| Tangible fixed assets | 22/27 | €322,695 | €12,051 | -€310,644 | -96.3% |
| Land and buildings | 22 | €300,000 | €0 | -€300,000 | -100.0% |
| Furniture and vehicles | 24 | €22,695 | €12,051 | -€10,644 | -46.9% |
| Current assets | 29/58 | €199,646 | €269,307 | +€69,661 | +34.9% |
| Amounts receivable within one year | 40/41 | €48,569 | €2,403 | -€46,167 | -95.1% |
| Trade receivables | 40 | €47,297 | €2,403 | -€44,895 | -94.9% |
| Other amounts receivable | 41 | €1,272 | €0 | -€1,272 | -100.0% |
| Cash at bank and in hand | 54/58 | €147,667 | €263,165 | +€115,498 | +78.2% |
| Deferred charges and accrued income | 490/1 | €3,409 | €3,739 | +€330 | +9.7% |
| Total equity and liabilities | 10/49 | €523,746 | €281,358 | -€242,388 | -46.3% |
| Equity | 10/15 | €113,113 | €90,626 | -€22,487 | -19.9% |
| Contributions | 10/11 | €6,888 | €6,888 | = | 0.0% |
| Reserves | 13 | €106,225 | €83,738 | -€22,487 | -21.2% |
| Distributable reserves | 133 | €106,225 | €83,738 | -€22,487 | -21.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €410,634 | €190,732 | -€219,901 | -53.6% |
| Amounts payable after more than one year | 17 | €275,000 | €0 | -€275,000 | -100.0% |
| Financial debts | 170/4 | €275,000 | €0 | -€275,000 | -100.0% |
| Amounts payable within one year | 42/48 | €131,801 | €190,732 | +€58,931 | +44.7% |
| Financial debts | 43 | €5,795 | €4,223 | -€1,573 | -27.1% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €5,795 | €4,223 | -€1,573 | -27.1% |
| Trade debts | 44 | €13,013 | €11,087 | -€1,926 | -14.8% |
| Suppliers | 440/4 | €13,013 | €11,087 | -€1,926 | -14.8% |
| Taxes, remuneration and social security | 45 | €42,251 | €14,750 | -€27,501 | -65.1% |
| Taxes | 450/3 | €32,834 | €8,373 | -€24,460 | -74.5% |
| Remuneration and social security | 454/9 | €9,417 | €6,377 | -€3,040 | -32.3% |
| Other amounts payable | 47/48 | €70,742 | €160,672 | +€89,931 | +127.1% |
| Accrued charges and deferred income | 492/3 | €3,833 | €0 | -€3,833 | -100.0% |
| Non-recurring operating income | 76A | €2,232 | €140,126 | +€137,894 | +6177.5% |
| Remuneration, social security and pensions | 62 | €40,368 | €44,315 | +€3,947 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,492 | €7,602 | -€39,890 | -84.0% |
| Other operating charges | 640/8 | €1,567 | €2,806 | +€1,239 | +79.1% |
| Non-recurring operating charges | 66A | - | €1,406 | +€1,406 | |
| Gross operating margin | 9900 | €155,732 | €238,786 | +€83,054 | +53.3% |
| Operating profit (loss) | 9901 | €66,305 | €182,657 | +€116,352 | +175.5% |
| Financial income | 75/76B | €164 | €1,550 | +€1,385 | +843.8% |
| Recurring financial income | 75 | €164 | €1,550 | +€1,385 | +843.8% |
| Financial charges | 65/66B | €14,481 | €8,834 | -€5,647 | -39.0% |
| Recurring financial charges | 65 | €14,481 | €8,834 | -€5,647 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €51,988 | €175,372 | +€123,385 | +237.3% |
| Income taxes | 67/77 | €16,326 | €47,859 | +€31,533 | +193.1% |
| Profit (loss) for the period | 9904 | €35,662 | €127,513 | +€91,852 | +257.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,662 | €127,513 | +€91,852 | +257.6% |
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 8 October 2026 via checked.be.