MEDIAPUB: what changed
Two fiscal 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.
MEDIAPUB
Largest movements
- Current investments -€2.0m
down €2.0m (-80.7%), from €2.5m to €472,672
- Cash +€829,890
up €829,890 (+418.4%), from €198,342 to €1.0m
mainly Current investments (+€2.0m) and Net result for the year (+€690,503)
- Receivables within one year +€498,604
up €498,604 (+96.9%), from €514,590 to €1.0m
of which Other amounts receivable: +€544,333
- Trade debts -€806,966
down €806,966 (-7.4%), from €10.9m to €10.1m
- Profit (loss) carried forward +€690,503
up €690,503 (+7.2%), from -€9.6m to -€8.9m
- Provisions -€422,121
down €422,121 (-62.5%), from €675,090 to €252,969
- Tax, wage and social debts -€132,847
no longer reported in 2025 (was €132,847)
- Provisions +€2.5m
up €2.5m (+85.6%), from -€2.9m to -€422,121
- Other operating charges -€548,084
down €548,084 (-99.8%), from €549,183 to €1,099
- Taxes -€446,686
down €446,686 (-99.9%), from €447,055 to €369
of which Taxes: -€404,193
- Other operating income -€361,916
down €361,916 (-40.3%), from €898,742 to €536,826
- Services and other goods -€263,814
down €263,814 (-40.6%), from €649,022 to €385,208
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 | €3,264,829 | €2,615,128 | -€649,702 | -19.9% |
| Fixed assets | 21/28 | €101,030 | €101,030 | = | 0.0% |
| Intangible fixed assets | 21 | €101,030 | €101,030 | = | 0.0% |
| Current assets | 29/58 | €3,163,800 | €2,514,098 | -€649,702 | -20.5% |
| Amounts receivable within one year | 40/41 | €514,590 | €1,013,194 | +€498,604 | +96.9% |
| Trade receivables | 40 | €48,221 | €2,492 | -€45,729 | -94.8% |
| Other amounts receivable | 41 | €466,369 | €1,010,702 | +€544,333 | +116.7% |
| Current investments | 50/53 | €2,450,867 | €472,672 | -€2.0m | -80.7% |
| Other investments | 51/53 | €2,450,867 | €472,672 | -€2.0m | -80.7% |
| Cash at bank and in hand | 54/58 | €198,342 | €1,028,232 | +€829,890 | +418.4% |
| Total equity and liabilities | 10/49 | €3,264,829 | €2,615,128 | -€649,702 | -19.9% |
| Equity | 10/15 | -€8,405,078 | -€7,714,575 | +€690,503 | +8.2% |
| Contributions | 10/11 | €209,470 | €209,470 | = | 0.0% |
| Capital | 10 | €209,470 | €209,470 | = | 0.0% |
| Issued capital | 100 | €209,470 | €209,470 | = | 0.0% |
| Reserves | 13 | €999,997 | €999,997 | = | 0.0% |
| Tax-exempt reserves | 132 | €999,997 | €999,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,614,545 | -€8,924,042 | +€690,503 | +7.2% |
| Provisions and deferred taxes | 16 | €675,090 | €252,969 | -€422,121 | -62.5% |
| Provisions for liabilities and charges | 160/5 | €675,090 | €252,969 | -€422,121 | -62.5% |
| Other liabilities and charges | 164/5 | €675,090 | €252,969 | -€422,121 | -62.5% |
| Amounts payable | 17/49 | €10,994,817 | €10,076,734 | -€918,083 | -8.4% |
| Amounts payable within one year | 42/48 | €10,994,817 | €10,076,734 | -€918,083 | -8.4% |
| Trade debts | 44 | €10,861,970 | €10,055,005 | -€806,966 | -7.4% |
| Suppliers | 440/4 | €10,861,970 | €10,055,005 | -€806,966 | -7.4% |
| Advances received on contracts in progress | 46 | - | €16,729 | +€16,729 | |
| Taxes, remuneration and social security | 45 | €132,847 | - | -€132,847 | |
| Taxes | 450/3 | €132,847 | - | -€132,847 | |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Operating income | 70/76A | €1,006,319 | €627,853 | -€378,466 | -37.6% |
| Turnover | 70 | €69,603 | €77,825 | +€8,222 | +11.8% |
| Other operating income | 74 | €898,742 | €536,826 | -€361,916 | -40.3% |
| Non-recurring operating income | 76A | €37,974 | €13,202 | -€24,772 | -65.2% |
| Operating charges | 60/66A | -€1,688,215 | -€33,369 | +€1.7m | +98.0% |
| Services and other goods | 61 | €649,022 | €385,208 | -€263,814 | -40.6% |
| Remuneration, social security and pensions | 62 | €6,176 | - | -€6,176 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,930,168 | -€422,121 | +€2.5m | +85.6% |
| Other operating charges | 640/8 | €549,183 | €1,099 | -€548,084 | -99.8% |
| Non-recurring operating charges | 66A | €37,570 | €2,445 | -€35,125 | -93.5% |
| Operating profit (loss) | 9901 | €2,694,534 | €661,222 | -€2.0m | -75.5% |
| Financial income | 75/76B | €83,153 | €32,320 | -€50,832 | -61.1% |
| Recurring financial income | 75 | €83,153 | €32,320 | -€50,832 | -61.1% |
| Income from financial fixed assets | 750 | €83,032 | €32,320 | -€50,712 | -61.1% |
| Other financial income | 752/9 | €121 | - | -€121 | |
| Financial charges | 65/66B | €5,311 | €2,671 | -€2,640 | -49.7% |
| Recurring financial charges | 65 | €5,311 | €2,671 | -€2,640 | -49.7% |
| Debt charges | 650 | €2,849 | - | -€2,849 | |
| Other financial charges | 652/9 | €2,462 | €2,671 | +€209 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €2,772,376 | €690,871 | -€2.1m | -75.1% |
| Income taxes | 67/77 | €447,055 | €369 | -€446,686 | -99.9% |
| Taxes | 670/3 | €912,138 | €507,945 | -€404,193 | -44.3% |
| Tax adjustments and reversals of tax provisions | 77 | €465,083 | €507,576 | +€42,493 | +9.1% |
| Profit (loss) for the period | 9904 | €2,325,321 | €690,503 | -€1.6m | -70.3% |
| Transfer to tax-exempt reserves | 689 | €999,997 | - | -€999,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,325,324 | €690,503 | -€634,821 | -47.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.