MEDIAR: 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.
MEDIAR
Largest movements
- Tangible fixed assets -€39,891
down €39,891 (-11.9%), from €336,632 to €296,741
of which Furniture and vehicles: -€32,780
- Debts after one year -€37,066
down €37,066 (-24.6%), from €150,902 to €113,837
- Trade debts -€20,012
down €20,012 (-28.2%), from €70,908 to €50,896
of which Bills of exchange payable: -€25,366
- Reserves -€13,600
down €13,600 (-19.4%), from €70,195 to €56,595
of which Distributable reserves: -€13,600
- Other debts +€13,600
up €13,600 (+45.3%), from €30,000 to €43,600
- Current portion of long-term debt +€11,501
up €11,501 (+30.3%), from €37,897 to €49,398
- Gross operating margin -€34,555
down €34,555 (-12.3%), from €281,766 to €247,211
- Staff costs -€10,979
down €10,979 (-5.6%), from €197,652 to €186,673
- Taxes -€8,470
down €8,470 (-54.5%), from €15,539 to €7,069
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 | €420,449 | €379,911 | -€40,537 | -9.6% |
| Fixed assets | 21/28 | €339,694 | €299,804 | -€39,891 | -11.7% |
| Tangible fixed assets | 22/27 | €336,632 | €296,741 | -€39,891 | -11.9% |
| Land and buildings | 22 | €260,006 | €252,895 | -€7,111 | -2.7% |
| Furniture and vehicles | 24 | €76,626 | €43,846 | -€32,780 | -42.8% |
| Financial fixed assets | 28 | €3,062 | €3,062 | = | 0.0% |
| Current assets | 29/58 | €80,754 | €80,108 | -€646 | -0.8% |
| Amounts receivable within one year | 40/41 | €40,755 | €40,364 | -€391 | -1.0% |
| Trade receivables | 40 | €40,423 | €27,433 | -€12,990 | -32.1% |
| Other amounts receivable | 41 | €333 | €12,931 | +€12,599 | +3,789% |
| Cash at bank and in hand | 54/58 | €30,943 | €29,983 | -€960 | -3.1% |
| Deferred charges and accrued income | 490/1 | €9,056 | €9,761 | +€705 | +7.8% |
| Total equity and liabilities | 10/49 | €420,449 | €379,911 | -€40,537 | -9.6% |
| Equity | 10/15 | €100,110 | €87,887 | -€12,222 | -12.2% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Contributions outside capital | 11 | €29,747 | - | -€29,747 | |
| Share premium | 1100/10 | €29,747 | - | -€29,747 | |
| Reserves | 13 | €70,195 | €56,595 | -€13,600 | -19.4% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €67,220 | €53,620 | -€13,600 | -20.2% |
| Profit (loss) carried forward | 14 | €168 | €1,545 | +€1,378 | +822% |
| Amounts payable | 17/49 | €320,339 | €292,024 | -€28,315 | -8.8% |
| Amounts payable after more than one year | 17 | €150,902 | €113,837 | -€37,066 | -24.6% |
| Financial debts | 170/4 | €150,902 | €113,837 | -€37,066 | -24.6% |
| Amounts payable within one year | 42/48 | €169,437 | €178,187 | +€8,751 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €37,897 | €49,398 | +€11,501 | +30.3% |
| Trade debts | 44 | €70,908 | €50,896 | -€20,012 | -28.2% |
| Suppliers | 440/4 | €11,829 | €17,183 | +€5,353 | +45.3% |
| Bills of exchange payable | 441 | €59,079 | €33,713 | -€25,366 | -42.9% |
| Taxes, remuneration and social security | 45 | €30,632 | €34,294 | +€3,662 | +12.0% |
| Taxes | 450/3 | €9,352 | €12,424 | +€3,071 | +32.8% |
| Remuneration and social security | 454/9 | €21,279 | €21,870 | +€591 | +2.8% |
| Other amounts payable | 47/48 | €30,000 | €43,600 | +€13,600 | +45.3% |
| Remuneration, social security and pensions | 62 | €197,652 | €186,673 | -€10,979 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,891 | €39,891 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,061 | €4,538 | +€1,476 | +48.2% |
| Other operating charges | 640/8 | €3,613 | €4,494 | +€881 | +24.4% |
| Gross operating margin | 9900 | €281,766 | €247,211 | -€34,555 | -12.3% |
| Operating profit (loss) | 9901 | €37,549 | €11,616 | -€25,933 | -69.1% |
| Financial income | 75/76B | €884 | €3,024 | +€2,140 | +242% |
| Recurring financial income | 75 | €884 | €2,536 | +€1,653 | +187% |
| Non-recurring financial income | 76B | - | €488 | +€488 | |
| Financial charges | 65/66B | €7,528 | €6,193 | -€1,334 | -17.7% |
| Recurring financial charges | 65 | €7,528 | €6,193 | -€1,334 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €30,904 | €8,446 | -€22,458 | -72.7% |
| Income taxes | 67/77 | €15,539 | €7,069 | -€8,470 | -54.5% |
| Profit (loss) for the period | 9904 | €15,365 | €1,378 | -€13,988 | -91.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,365 | €1,378 | -€13,988 | -91.0% |
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 15 October 2026 via checked.be.