Medianext: 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.
Medianext
Largest movements
- Cash -€16,956
down €16,956 (-46.1%), from €36,812 to €19,855
mainly Current portion of long-term debt (-€10,000) and Other debts (-€9,294)
- Receivables within one year -€3,337
down €3,337 (-9.3%), from €35,976 to €32,639
of which Trade receivables: -€7,436
- Current portion of long-term debt -€10,000
no longer reported in 2025 (was €10,000)
- Other debts -€9,294
down €9,294 (-13.7%), from €68,014 to €58,720
- Profit (loss) carried forward +€7,849
up €7,849 (+10.5%), from -€74,873 to -€67,023
- Trade debts -€5,770
down €5,770 (-12.7%), from €45,527 to €39,757
- Tax, wage and social debts -€3,065
down €3,065 (-56.3%), from €5,443 to €2,378
- Gross operating margin +€3,818
up €3,818 (+45.8%), from €8,331 to €12,148
- Financial charges +€319
up €319 (+97.4%), from €328 to €647
- Depreciation -€122
down €122 (-4.3%), from €2,819 to €2,696
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 | €76,118 | €55,838 | -€20,281 | -26.6% |
| Fixed assets | 21/28 | €3,330 | €3,343 | +€13 | +0.4% |
| Intangible fixed assets | 21 | €157 | - | -€157 | |
| Tangible fixed assets | 22/27 | €2,673 | €2,843 | +€170 | +6.4% |
| Plant, machinery and equipment | 23 | €1,860 | €950 | -€910 | -48.9% |
| Furniture and vehicles | 24 | €813 | €1,893 | +€1,080 | +132.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €72,788 | €52,495 | -€20,293 | -27.9% |
| Amounts receivable within one year | 40/41 | €35,976 | €32,639 | -€3,337 | -9.3% |
| Trade receivables | 40 | €35,976 | €28,541 | -€7,436 | -20.7% |
| Other amounts receivable | 41 | - | €4,099 | +€4,099 | |
| Cash at bank and in hand | 54/58 | €36,812 | €19,855 | -€16,956 | -46.1% |
| Total equity and liabilities | 10/49 | €76,118 | €55,838 | -€20,281 | -26.6% |
| Equity | 10/15 | -€52,867 | -€45,017 | +€7,849 | +14.8% |
| Contributions | 10/11 | €22,006 | €22,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,873 | -€67,023 | +€7,849 | +10.5% |
| Amounts payable | 17/49 | €128,985 | €100,855 | -€28,130 | -21.8% |
| Amounts payable within one year | 42/48 | €128,985 | €100,855 | -€28,130 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | - | -€10,000 | |
| Financial debts | 43 | €0 | €0 | = | 0.0% |
| Credit institutions | 430/8 | €0 | €0 | = | 0.0% |
| Trade debts | 44 | €45,527 | €39,757 | -€5,770 | -12.7% |
| Suppliers | 440/4 | €45,527 | €39,757 | -€5,770 | -12.7% |
| Taxes, remuneration and social security | 45 | €5,443 | €2,378 | -€3,065 | -56.3% |
| Taxes | 450/3 | €5,443 | €2,378 | -€3,065 | -56.3% |
| Other amounts payable | 47/48 | €68,014 | €58,720 | -€9,294 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,819 | €2,696 | -€122 | -4.3% |
| Other operating charges | 640/8 | €881 | €958 | +€77 | +8.8% |
| Gross operating margin | 9900 | €8,331 | €12,148 | +€3,818 | +45.8% |
| Operating profit (loss) | 9901 | €4,631 | €8,494 | +€3,863 | +83.4% |
| Financial income | 75/76B | €1 | €3 | +€1 | +113.3% |
| Recurring financial income | 75 | €1 | €3 | +€1 | +113.3% |
| Financial charges | 65/66B | €328 | €647 | +€319 | +97.4% |
| Recurring financial charges | 65 | €328 | €647 | +€319 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €4,305 | €7,849 | +€3,545 | +82.3% |
| Profit (loss) for the period | 9904 | €4,305 | €7,849 | +€3,545 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,305 | €7,849 | +€3,545 | +82.3% |
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 10 October 2026 via checked.be.