MEDIALED: 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.
MEDIALED
Largest movements
- Cash +€85,600
up €85,600 (+101%), from €84,384 to €169,983
mainly Depreciation (+€50,422) and Net result for the year (+€40,180)
- Receivables within one year -€30,463
down €30,463 (-25.5%), from €119,409 to €88,946
of which Trade receivables: -€30,463
- Deferred charges and accrued income -€4,595
down €4,595 (-28.4%), from €16,195 to €11,600
- Profit (loss) carried forward +€40,180
up €40,180 (+99.1%), from -€40,551 to -€370
- Current portion of long-term debt -€20,174
down €20,174 (-48.6%), from €41,470 to €21,296
- Trade debts +€17,660
up €17,660 (+79.6%), from €22,175 to €39,835
- Tax, wage and social debts +€8,536
up €8,536 (+37.0%), from €23,056 to €31,592
of which Taxes: +€4,775
- Debts after one year +€5,891
up €5,891 (+17.0%), from €34,600 to €40,491
- Gross operating margin +€53,921
up €53,921 (+35.6%), from €151,307 to €205,229
- Depreciation +€9,718
up €9,718 (+23.9%), from €40,704 to €50,422
- Other operating charges +€5,144
up €5,144 (+130%), from €3,972 to €9,116
- Staff costs -€4,529
down €4,529 (-4.3%), from €105,387 to €100,858
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 | €368,929 | €418,722 | +€49,793 | +13.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €148,941 | €148,193 | -€748 | -0.5% |
| Tangible fixed assets | 22/27 | €148,341 | €147,743 | -€598 | -0.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €41,975 | €68,341 | +€26,366 | +62.8% |
| Other tangible fixed assets | 26 | €106,366 | €79,402 | -€26,964 | -25.4% |
| Financial fixed assets | 28 | €600 | €450 | -€150 | -25.0% |
| Current assets | 29/58 | €219,988 | €270,529 | +€50,541 | +23.0% |
| Amounts receivable within one year | 40/41 | €119,409 | €88,946 | -€30,463 | -25.5% |
| Trade receivables | 40 | €117,409 | €86,946 | -€30,463 | -25.9% |
| Other amounts receivable | 41 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €84,384 | €169,983 | +€85,600 | +101% |
| Deferred charges and accrued income | 490/1 | €16,195 | €11,600 | -€4,595 | -28.4% |
| Total equity and liabilities | 10/49 | €368,929 | €418,722 | +€49,793 | +13.5% |
| Equity | 10/15 | €84,823 | €125,003 | +€40,180 | +47.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €63,373 | €63,373 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,290 | €3,290 | = | 0.0% |
| Legal reserve | 130 | €3,290 | €3,290 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €41,333 | €41,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,551 | -€370 | +€40,180 | +99.1% |
| Investment grants | 15 | €0 | €0 | = | |
| Amounts payable | 17/49 | €284,106 | €293,719 | +€9,613 | +3.4% |
| Amounts payable after more than one year | 17 | €34,600 | €40,491 | +€5,891 | +17.0% |
| Financial debts | 170/4 | €34,600 | €40,491 | +€5,891 | +17.0% |
| Amounts payable within one year | 42/48 | €86,701 | €92,723 | +€6,022 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €41,470 | €21,296 | -€20,174 | -48.6% |
| Trade debts | 44 | €22,175 | €39,835 | +€17,660 | +79.6% |
| Suppliers | 440/4 | €22,175 | €39,835 | +€17,660 | +79.6% |
| Taxes, remuneration and social security | 45 | €23,056 | €31,592 | +€8,536 | +37.0% |
| Taxes | 450/3 | €9,129 | €13,904 | +€4,775 | +52.3% |
| Remuneration and social security | 454/9 | €13,927 | €17,688 | +€3,761 | +27.0% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €162,805 | €160,505 | -€2,300 | -1.4% |
| Remuneration, social security and pensions | 62 | €105,387 | €100,858 | -€4,529 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,704 | €50,422 | +€9,718 | +23.9% |
| Other operating charges | 640/8 | €3,972 | €9,116 | +€5,144 | +130% |
| Gross operating margin | 9900 | €151,307 | €205,229 | +€53,921 | +35.6% |
| Operating profit (loss) | 9901 | €1,245 | €44,833 | +€43,589 | +3,501% |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €3,110 | €4,700 | +€1,590 | +51.1% |
| Recurring financial charges | 65 | €3,110 | €4,700 | +€1,590 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,865 | €40,180 | +€42,045 | |
| Profit (loss) for the period | 9904 | -€1,865 | €40,180 | +€42,045 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,865 | €40,180 | +€42,045 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.