MEDIAKOD: 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.
MEDIAKOD
Largest movements
- Tangible fixed assets +€171,365
up €171,365 (+630.8%), from €27,164 to €198,529
of which Land and buildings: +€184,410
- Receivables within one year -€21,242
down €21,242 (-31.2%), from €68,071 to €46,828
of which Trade receivables: -€20,461
- Cash +€12,923
up €12,923 (+17.0%), from €76,066 to €88,989
mainly Debts after one year (+€170,970) and Depreciation (+€34,314)
- Debts after one year +€170,970
up €170,970 (+4728.0%), from €3,616 to €174,586
- Current portion of long-term debt -€8,046
down €8,046 (-38.1%), from €21,134 to €13,088
- Other debts +€7,444
up €7,444 (+392.3%), from €1,897 to €9,342
- Reserves -€7,010
down €7,010 (-9.0%), from €78,061 to €71,051
- Trade debts +€3,991
up €3,991 (+24.0%), from €16,606 to €20,597
- Depreciation +€25,402
up €25,402 (+285.0%), from €8,912 to €34,314
- Taxes -€12,514
down €12,514 (-85.5%), from €14,633 to €2,119
- Staff costs +€11,838
up €11,838 (+8.5%), from €138,852 to €150,690
- Gross operating margin +€4,523
up €4,523 (+2.2%), from €205,850 to €210,372
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 | €175,571 | €340,916 | +€165,345 | +94.2% |
| Fixed assets | 21/28 | €29,777 | €201,142 | +€171,365 | +575.5% |
| Tangible fixed assets | 22/27 | €27,164 | €198,529 | +€171,365 | +630.8% |
| Land and buildings | 22 | - | €184,410 | +€184,410 | |
| Plant, machinery and equipment | 23 | €7,723 | €4,399 | -€3,324 | -43.0% |
| Furniture and vehicles | 24 | €19,109 | €8,807 | -€10,301 | -53.9% |
| Other tangible fixed assets | 26 | €333 | €913 | +€580 | +174.4% |
| Financial fixed assets | 28 | €2,613 | €2,613 | = | 0.0% |
| Current assets | 29/58 | €145,794 | €139,774 | -€6,020 | -4.1% |
| Amounts receivable within one year | 40/41 | €68,071 | €46,828 | -€21,242 | -31.2% |
| Trade receivables | 40 | €57,933 | €37,473 | -€20,461 | -35.3% |
| Other amounts receivable | 41 | €10,137 | €9,356 | -€782 | -7.7% |
| Cash at bank and in hand | 54/58 | €76,066 | €88,989 | +€12,923 | +17.0% |
| Deferred charges and accrued income | 490/1 | €1,657 | €3,957 | +€2,300 | +138.8% |
| Total equity and liabilities | 10/49 | €175,571 | €340,916 | +€165,345 | +94.2% |
| Equity | 10/15 | €94,321 | €87,311 | -€7,010 | -7.4% |
| Contributions | 10/11 | €16,260 | €16,260 | = | 0.0% |
| Reserves | 13 | €78,061 | €71,051 | -€7,010 | -9.0% |
| Distributable reserves | 133 | €78,061 | €71,051 | -€7,010 | -9.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €81,250 | €253,605 | +€172,355 | +212.1% |
| Amounts payable after more than one year | 17 | €3,616 | €174,586 | +€170,970 | +4728.0% |
| Financial debts | 170/4 | €3,616 | €174,586 | +€170,970 | +4728.0% |
| Amounts payable within one year | 42/48 | €73,984 | €79,018 | +€5,034 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €21,134 | €13,088 | -€8,046 | -38.1% |
| Trade debts | 44 | €16,606 | €20,597 | +€3,991 | +24.0% |
| Suppliers | 440/4 | €16,606 | €20,597 | +€3,991 | +24.0% |
| Taxes, remuneration and social security | 45 | €34,347 | €35,991 | +€1,644 | +4.8% |
| Taxes | 450/3 | €17,420 | €17,928 | +€508 | +2.9% |
| Remuneration and social security | 454/9 | €16,927 | €18,064 | +€1,136 | +6.7% |
| Other amounts payable | 47/48 | €1,897 | €9,342 | +€7,444 | +392.3% |
| Accrued charges and deferred income | 492/3 | €3,649 | €0 | -€3,649 | -100.0% |
| Remuneration, social security and pensions | 62 | €138,852 | €150,690 | +€11,838 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,912 | €34,314 | +€25,402 | +285.0% |
| Other operating charges | 640/8 | €18,395 | €18,575 | +€180 | +1.0% |
| Gross operating margin | 9900 | €205,850 | €210,372 | +€4,523 | +2.2% |
| Operating profit (loss) | 9901 | €39,691 | €6,794 | -€32,897 | -82.9% |
| Financial income | 75/76B | €539 | €581 | +€42 | +7.8% |
| Recurring financial income | 75 | €539 | €581 | +€42 | +7.8% |
| Financial charges | 65/66B | €2,283 | €4,371 | +€2,087 | +91.4% |
| Recurring financial charges | 65 | €2,283 | €4,371 | +€2,087 | +91.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €37,947 | €3,004 | -€34,942 | -92.1% |
| Income taxes | 67/77 | €14,633 | €2,119 | -€12,514 | -85.5% |
| Profit (loss) for the period | 9904 | €23,313 | €885 | -€22,428 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,313 | €885 | -€22,428 | -96.2% |
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 5 October 2026 via checked.be.