MEDIAM TELECOM SYSTEMS: 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 TELECOM SYSTEMS
Largest movements
- Tangible fixed assets -€9,709
down €9,709 (-4.8%), from €203,043 to €193,334
of which Furniture and vehicles: -€7,304
- Cash +€5,340
up €5,340 (+2.4%), from €219,753 to €225,094
mainly Net result for the year (+€26,592) and Depreciation (+€9,709)
- Debts after one year -€28,384
down €28,384 (-23.8%), from €119,010 to €90,626
- Reserves +€26,592
up €26,592 (+13.7%), from €193,748 to €220,340
of which Distributable reserves: +€26,592
- Gross operating margin +€28,285
up €28,285 (+111%), from €25,415 to €53,700
- Taxes +€8,230
up €8,230 (+170%), from €4,829 to €13,059
- Depreciation +€3,812
up €3,812 (+64.6%), from €5,897 to €9,709
- Other operating charges +€612
up €612 (+24.8%), from €2,466 to €3,078
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 | €431,266 | €426,898 | -€4,369 | -1.0% |
| Fixed assets | 21/28 | €203,043 | €193,334 | -€9,709 | -4.8% |
| Tangible fixed assets | 22/27 | €203,043 | €193,334 | -€9,709 | -4.8% |
| Land and buildings | 22 | €169,893 | €167,593 | -€2,300 | -1.4% |
| Plant, machinery and equipment | 23 | €123 | €18 | -€105 | -85.7% |
| Furniture and vehicles | 24 | €33,027 | €25,724 | -€7,304 | -22.1% |
| Current assets | 29/58 | €228,223 | €233,564 | +€5,340 | +2.3% |
| Amounts receivable within one year | 40/41 | €8,470 | €8,470 | = | 0.0% |
| Trade receivables | 40 | €8,470 | €8,470 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €219,753 | €225,094 | +€5,340 | +2.4% |
| Total equity and liabilities | 10/49 | €431,266 | €426,898 | -€4,369 | -1.0% |
| Equity | 10/15 | €255,748 | €282,340 | +€26,592 | +10.4% |
| 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 | €193,748 | €220,340 | +€26,592 | +13.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €187,548 | €214,140 | +€26,592 | +14.2% |
| Amounts payable | 17/49 | €175,519 | €144,558 | -€30,961 | -17.6% |
| Amounts payable after more than one year | 17 | €119,010 | €90,626 | -€28,384 | -23.8% |
| Financial debts | 170/4 | €119,010 | €90,626 | -€28,384 | -23.8% |
| Amounts payable within one year | 42/48 | €55,508 | €52,931 | -€2,577 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €27,934 | €28,384 | +€450 | +1.6% |
| Trade debts | 44 | €895 | €851 | -€44 | -4.9% |
| Suppliers | 440/4 | €895 | €851 | -€44 | -4.9% |
| Taxes, remuneration and social security | 45 | €6,160 | €4,458 | -€1,702 | -27.6% |
| Taxes | 450/3 | €6,160 | €4,458 | -€1,702 | -27.6% |
| Other amounts payable | 47/48 | €20,520 | €19,239 | -€1,281 | -6.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,897 | €9,709 | +€3,812 | +64.6% |
| Other operating charges | 640/8 | €2,466 | €3,078 | +€612 | +24.8% |
| Gross operating margin | 9900 | €25,415 | €53,700 | +€28,285 | +111% |
| Operating profit (loss) | 9901 | €17,052 | €40,912 | +€23,861 | +140% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €746 | €1,262 | +€516 | +69.1% |
| Recurring financial charges | 65 | €746 | €1,262 | +€516 | +69.1% |
| Profit (loss) for the period before taxes | 9903 | €16,306 | €39,651 | +€23,345 | +143% |
| Income taxes | 67/77 | €4,829 | €13,059 | +€8,230 | +170% |
| Profit (loss) for the period | 9904 | €11,477 | €26,592 | +€15,116 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €11,477 | €26,592 | +€15,116 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.