MediaNot: 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.
MediaNot
Largest movements
- Receivables within one year +€887,833
up €887,833 (+63.3%), from €1.4m to €2.3m
of which Other amounts receivable: +€899,950
- Intangible fixed assets +€458,623
new in 2025: €458,623
- Tangible fixed assets -€416,781
down €416,781 (-99.7%), from €417,829 to €1,048
of which Assets under construction and advance payments: -€415,629
- Deferred charges and accrued income +€62,745
up €62,745 (+132%), from €47,558 to €110,303
- Profit (loss) carried forward +€995,904
up €995,904 (+138%), from €720,425 to €1.7m
- Tax, wage and social debts +€164,568
up €164,568 (+58.1%), from €283,426 to €447,994
of which Taxes: +€141,039
- Accrued charges and deferred income -€160,997
no longer reported in 2025 (was €160,997)
- Services and other goods -€324,054
down €324,054 (-8.9%), from €3.6m to €3.3m
- Taxes -€270,157
down €270,157 (-65.6%), from €411,975 to €141,818
of which Taxes: -€270,192
- Staff costs +€149,178
up €149,178 (+28.0%), from €531,865 to €681,043
- Turnover -€141,247
down €141,247 (-2.7%), from €5.3m to €5.1m
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 | €1,887,621 | €2,881,308 | +€993,687 | +52.6% |
| Fixed assets | 21/28 | €417,829 | €459,672 | +€41,842 | +10.0% |
| Intangible fixed assets | 21 | - | €458,623 | +€458,623 | |
| Tangible fixed assets | 22/27 | €417,829 | €1,048 | -€416,781 | -99.7% |
| Plant, machinery and equipment | 23 | €2,200 | €1,048 | -€1,152 | -52.4% |
| Assets under construction and advance payments | 27 | €415,629 | - | -€415,629 | |
| Current assets | 29/58 | €1,469,792 | €2,421,637 | +€951,845 | +64.8% |
| Amounts receivable within one year | 40/41 | €1,403,025 | €2,290,858 | +€887,833 | +63.3% |
| Trade receivables | 40 | €473,440 | €461,323 | -€12,117 | -2.6% |
| Other amounts receivable | 41 | €929,585 | €1,829,535 | +€899,950 | +96.8% |
| Cash at bank and in hand | 54/58 | €19,208 | €20,475 | +€1,267 | +6.6% |
| Deferred charges and accrued income | 490/1 | €47,558 | €110,303 | +€62,745 | +132% |
| Total equity and liabilities | 10/49 | €1,887,621 | €2,881,308 | +€993,687 | +52.6% |
| Equity | 10/15 | €885,425 | €1,881,329 | +€995,904 | +112% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €720,425 | €1,716,329 | +€995,904 | +138% |
| Amounts payable | 17/49 | €1,002,196 | €999,979 | -€2,217 | -0.2% |
| Amounts payable within one year | 42/48 | €841,198 | €999,979 | +€158,781 | +18.9% |
| Trade debts | 44 | €557,772 | €551,985 | -€5,788 | -1.0% |
| Suppliers | 440/4 | €557,772 | €551,985 | -€5,788 | -1.0% |
| Taxes, remuneration and social security | 45 | €283,426 | €447,994 | +€164,568 | +58.1% |
| Taxes | 450/3 | €177,048 | €318,087 | +€141,039 | +79.7% |
| Remuneration and social security | 454/9 | €106,378 | €129,907 | +€23,529 | +22.1% |
| Accrued charges and deferred income | 492/3 | €160,997 | - | -€160,997 | |
| Operating income | 70/76A | €5,361,054 | €5,141,542 | -€219,512 | -4.1% |
| Turnover | 70 | €5,275,409 | €5,134,162 | -€141,247 | -2.7% |
| Other operating income | 74 | €7,868 | €7,379 | -€489 | -6.2% |
| Non-recurring operating income | 76A | €77,777 | - | -€77,777 | |
| Operating charges | 60/66A | €4,162,822 | €4,035,804 | -€127,018 | -3.1% |
| Services and other goods | 61 | €3,629,318 | €3,305,264 | -€324,054 | -8.9% |
| Remuneration, social security and pensions | 62 | €531,865 | €681,043 | +€149,178 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | €52,576 | +€51,368 | +4,252% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,604 | -€3,677 | -€2,073 | -129% |
| Other operating charges | 640/8 | €2,034 | €598 | -€1,436 | -70.6% |
| Operating profit (loss) | 9901 | €1,198,232 | €1,105,737 | -€92,495 | -7.7% |
| Financial income | 75/76B | €11,094 | €36,534 | +€25,440 | +229% |
| Recurring financial income | 75 | €11,094 | €36,534 | +€25,440 | +229% |
| Income from current assets | 751 | €11,091 | €36,526 | +€25,435 | +229% |
| Other financial income | 752/9 | €3 | €8 | +€6 | +227% |
| Financial charges | 65/66B | €9,472 | €4,549 | -€4,923 | -52.0% |
| Recurring financial charges | 65 | €9,472 | €4,549 | -€4,923 | -52.0% |
| Debt charges | 650 | €8,858 | €3,763 | -€5,094 | -57.5% |
| Other financial charges | 652/9 | €614 | €786 | +€171 | +27.9% |
| Profit (loss) for the period before taxes | 9903 | €1,199,854 | €1,137,723 | -€62,131 | -5.2% |
| Income taxes | 67/77 | €411,975 | €141,818 | -€270,157 | -65.6% |
| Taxes | 670/3 | €412,010 | €141,818 | -€270,192 | -65.6% |
| Tax adjustments and reversals of tax provisions | 77 | €35 | - | -€35 | |
| Profit (loss) for the period | 9904 | €787,879 | €995,904 | +€208,025 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €787,879 | €995,904 | +€208,025 | +26.4% |
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 27 October 2026 via checked.be.