MEDIAN IT: 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.
MEDIAN IT
Largest movements
- Financial fixed assets +€50,000
up €50,000 (+31.3%), from €160,000 to €210,000
- Cash -€31,596
down €31,596 (-5.5%), from €570,913 to €539,317
mainly Investment in fixed assets (net) (-€50,738) and Receivables within one year (-€5,975)
- Reserves +€30,317
up €30,317 (+4.1%), from €733,829 to €764,147
- Gross operating margin -€57,229
down €57,229 (-69.3%), from €82,610 to €25,381
- Taxes -€12,073
down €12,073 (-50.0%), from €24,134 to €12,062
- Financial income +€11,710
up €11,710 (+188%), from €6,240 to €17,950
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 | €743,963 | €769,365 | +€25,402 | +3.4% |
| Fixed assets | 21/28 | €160,433 | €210,651 | +€50,219 | +31.3% |
| Tangible fixed assets | 22/27 | €433 | €651 | +€219 | +50.6% |
| Plant, machinery and equipment | 23 | €83 | €542 | +€459 | +552% |
| Furniture and vehicles | 24 | €350 | €110 | -€240 | -68.6% |
| Financial fixed assets | 28 | €160,000 | €210,000 | +€50,000 | +31.3% |
| Current assets | 29/58 | €583,530 | €558,714 | -€24,817 | -4.3% |
| Amounts receivable within one year | 40/41 | €12,018 | €17,994 | +€5,975 | +49.7% |
| Trade receivables | 40 | €12,018 | €12,971 | +€953 | +7.9% |
| Other amounts receivable | 41 | - | €5,022 | +€5,022 | |
| Cash at bank and in hand | 54/58 | €570,913 | €539,317 | -€31,596 | -5.5% |
| Deferred charges and accrued income | 490/1 | €599 | €1,403 | +€804 | +134% |
| Total equity and liabilities | 10/49 | €743,963 | €769,365 | +€25,402 | +3.4% |
| Equity | 10/15 | €733,829 | €764,147 | +€30,317 | +4.1% |
| Reserves | 13 | €733,829 | €764,147 | +€30,317 | +4.1% |
| Distributable reserves | 133 | €733,829 | €764,147 | +€30,317 | +4.1% |
| Amounts payable | 17/49 | €10,133 | €5,218 | -€4,915 | -48.5% |
| Amounts payable within one year | 42/48 | €10,133 | €5,218 | -€4,915 | -48.5% |
| Taxes, remuneration and social security | 45 | €9,955 | €5,031 | -€4,924 | -49.5% |
| Taxes | 450/3 | €9,955 | €5,031 | -€4,924 | -49.5% |
| Other amounts payable | 47/48 | €178 | €187 | +€9 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | €520 | -€501 | -49.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €82,610 | €25,381 | -€57,229 | -69.3% |
| Operating profit (loss) | 9901 | €81,202 | €24,461 | -€56,741 | -69.9% |
| Financial income | 75/76B | €6,240 | €17,950 | +€11,710 | +188% |
| Recurring financial income | 75 | €6,240 | €17,950 | +€11,710 | +188% |
| Financial charges | 65/66B | €33 | €32 | -€1 | -3.0% |
| Recurring financial charges | 65 | €33 | €32 | -€1 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €87,409 | €42,379 | -€45,030 | -51.5% |
| Income taxes | 67/77 | €24,134 | €12,062 | -€12,073 | -50.0% |
| Profit (loss) for the period | 9904 | €63,275 | €30,317 | -€32,957 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,275 | €30,317 | -€32,957 | -52.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.