MEDIAM: 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.
MEDIAM
Largest movements
- Tangible fixed assets +€28,178
up €28,178 (+2.6%), from €1.1m to €1.1m
of which Furniture and vehicles: +€69,142
- Cash -€15,149
down €15,149 (-98.8%), from €15,334 to €184
mainly Investment in fixed assets (net) (-€99,660) and Other debts (-€55,596)
- Other debts -€55,596
down €55,596 (-44.5%), from €124,874 to €69,278
- Trade debts +€43,754
up €43,754 (+67.7%), from €64,652 to €108,405
- Current portion of long-term debt +€36,947
up €36,947 (+55.0%), from €67,166 to €104,114
- Debts after one year -€36,281
down €36,281 (-3.3%), from €1.1m to €1.0m
- Profit (loss) carried forward +€12,386
up €12,386 (+7.0%), from -€177,769 to -€165,383
- Gross operating margin +€94,112
up €94,112 (+119%), from €78,896 to €173,009
- Purchases and services -€41,802
down €41,802 (-14.7%), from €284,398 to €242,596
- Turnover +€40,854
up €40,854 (+12.0%), from €341,593 to €382,447
- Depreciation +€22,656
up €22,656 (+46.4%), from €48,827 to €71,482
- Taxes +€19,200
up €19,200, from -€1,200 to €18,000
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 | €1,184,600 | €1,185,811 | +€1,211 | +0.1% |
| Fixed assets | 21/28 | €1,093,465 | €1,121,643 | +€28,178 | +2.6% |
| Tangible fixed assets | 22/27 | €1,093,415 | €1,121,593 | +€28,178 | +2.6% |
| Land and buildings | 22 | €1,069,209 | €1,028,244 | -€40,965 | -3.8% |
| Furniture and vehicles | 24 | €24,206 | €93,348 | +€69,142 | +286% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €91,135 | €64,168 | -€26,967 | -29.6% |
| Current investments | 50/53 | €11,177 | - | -€11,177 | |
| Cash at bank and in hand | 54/58 | €15,334 | €184 | -€15,149 | -98.8% |
| Deferred charges and accrued income | 490/1 | €64,624 | €63,984 | -€640 | -1.0% |
| Total equity and liabilities | 10/49 | €1,184,600 | €1,185,811 | +€1,211 | +0.1% |
| Equity | 10/15 | -€157,309 | -€144,923 | +€12,386 | +7.9% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€177,769 | -€165,383 | +€12,386 | +7.0% |
| Amounts payable | 17/49 | €1,341,909 | €1,330,734 | -€11,175 | -0.8% |
| Amounts payable after more than one year | 17 | €1,083,824 | €1,047,544 | -€36,281 | -3.3% |
| Financial debts | 170/4 | €1,083,824 | €1,047,544 | -€36,281 | -3.3% |
| Amounts payable within one year | 42/48 | €258,084 | €283,190 | +€25,106 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €67,166 | €104,114 | +€36,947 | +55.0% |
| Trade debts | 44 | €64,652 | €108,405 | +€43,754 | +67.7% |
| Suppliers | 440/4 | €64,652 | €108,405 | +€43,754 | +67.7% |
| Taxes, remuneration and social security | 45 | €1,393 | €1,393 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,393 | €1,393 | = | 0.0% |
| Other amounts payable | 47/48 | €124,874 | €69,278 | -€55,596 | -44.5% |
| Turnover | 70 | €341,593 | €382,447 | +€40,854 | +12.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €284,398 | €242,596 | -€41,802 | -14.7% |
| Remuneration, social security and pensions | 62 | €12,029 | €21,699 | +€9,670 | +80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,827 | €71,482 | +€22,656 | +46.4% |
| Other operating charges | 640/8 | €6,810 | €1,921 | -€4,890 | -71.8% |
| Gross operating margin | 9900 | €78,896 | €173,009 | +€94,112 | +119% |
| Operating profit (loss) | 9901 | €11,230 | €77,907 | +€66,677 | +594% |
| Financial income | 75/76B | €28 | €612 | +€584 | +2,114% |
| Recurring financial income | 75 | €28 | €612 | +€584 | +2,114% |
| Financial charges | 65/66B | €45,058 | €48,132 | +€3,074 | +6.8% |
| Recurring financial charges | 65 | €45,058 | €48,132 | +€3,074 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€33,800 | €30,386 | +€64,187 | |
| Income taxes | 67/77 | -€1,200 | €18,000 | +€19,200 | |
| Profit (loss) for the period | 9904 | -€32,600 | €12,386 | +€44,987 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,600 | €12,386 | +€44,987 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.