Mediaraven: 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.
Mediaraven
Largest movements
- Cash +€42,218
up €42,218 (+67.7%), from €62,402 to €104,619
mainly Net result for the year (+€43,306) and Accrued charges and deferred income (+€23,422)
- Receivables within one year +€25,158
up €25,158 (+38.2%), from €65,786 to €90,945
of which Trade receivables: +€21,594
- Tangible fixed assets -€11,191
down €11,191 (-45.3%), from €24,699 to €13,508
of which Plant, machinery and equipment: -€9,469
- Deferred charges and accrued income -€8,803
down €8,803 (-74.4%), from €11,835 to €3,032
- Financial fixed assets -€3,270
down €3,270 (-28.1%), from €11,620 to €8,350
- Profit (loss) carried forward +€43,306
up €43,306 (+36.7%), from -€117,975 to -€74,668
- Accrued charges and deferred income +€23,422
up €23,422 (+381%), from €6,150 to €29,572
- Trade debts -€17,217
down €17,217 (-80.5%), from €21,388 to €4,171
- Tax, wage and social debts -€5,400
down €5,400 (-7.9%), from €68,263 to €62,863
- Staff costs -€140,246
down €140,246 (-18.0%), from €778,930 to €638,684
- Gross operating margin -€113,970
down €113,970 (-14.1%), from €809,583 to €695,614
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 | €176,342 | €220,453 | +€44,112 | +25.0% |
| Fixed assets | 21/28 | €36,319 | €21,858 | -€14,461 | -39.8% |
| Tangible fixed assets | 22/27 | €24,699 | €13,508 | -€11,191 | -45.3% |
| Land and buildings | 22 | €3,885 | €2,376 | -€1,509 | -38.8% |
| Plant, machinery and equipment | 23 | €19,926 | €10,457 | -€9,469 | -47.5% |
| Furniture and vehicles | 24 | €888 | €675 | -€213 | -24.0% |
| Financial fixed assets | 28 | €11,620 | €8,350 | -€3,270 | -28.1% |
| Current assets | 29/58 | €140,023 | €198,596 | +€58,573 | +41.8% |
| Amounts receivable within one year | 40/41 | €65,786 | €90,945 | +€25,158 | +38.2% |
| Trade receivables | 40 | €16,732 | €38,326 | +€21,594 | +129% |
| Other amounts receivable | 41 | €49,054 | €52,619 | +€3,564 | +7.3% |
| Cash at bank and in hand | 54/58 | €62,402 | €104,619 | +€42,218 | +67.7% |
| Deferred charges and accrued income | 490/1 | €11,835 | €3,032 | -€8,803 | -74.4% |
| Total equity and liabilities | 10/49 | €176,342 | €220,453 | +€44,112 | +25.0% |
| Equity | 10/15 | €30,540 | €73,847 | +€43,306 | +142% |
| Contributions | 10/11 | €52,515 | €52,515 | = | 0.0% |
| Capital | 10 | €52,515 | €52,515 | = | 0.0% |
| Reserves | 13 | €96,000 | €96,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,975 | -€74,668 | +€43,306 | +36.7% |
| Amounts payable | 17/49 | €145,801 | €146,607 | +€805 | +0.6% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,651 | €67,035 | -€22,617 | -25.2% |
| Trade debts | 44 | €21,388 | €4,171 | -€17,217 | -80.5% |
| Suppliers | 440/4 | €21,388 | €4,171 | -€17,217 | -80.5% |
| Taxes, remuneration and social security | 45 | €68,263 | €62,863 | -€5,400 | -7.9% |
| Remuneration and social security | 454/9 | €68,263 | €62,863 | -€5,400 | -7.9% |
| Accrued charges and deferred income | 492/3 | €6,150 | €29,572 | +€23,422 | +381% |
| Non-recurring operating income | 76A | €12,770 | €181 | -€12,589 | -98.6% |
| Remuneration, social security and pensions | 62 | €778,930 | €638,684 | -€140,246 | -18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,130 | €10,281 | -€7,848 | -43.3% |
| Other operating charges | 640/8 | €300 | €300 | = | 0.0% |
| Non-recurring operating charges | 66A | €1,918 | €284 | -€1,633 | -85.2% |
| Gross operating margin | 9900 | €809,583 | €695,614 | -€113,970 | -14.1% |
| Operating profit (loss) | 9901 | €10,306 | €46,064 | +€35,758 | +347% |
| Financial income | 75/76B | €45 | €275 | +€230 | +516% |
| Recurring financial income | 75 | €45 | €275 | +€230 | +516% |
| Financial charges | 65/66B | €978 | €3,033 | +€2,054 | +210% |
| Recurring financial charges | 65 | €978 | €2,123 | +€1,145 | +117% |
| Non-recurring financial charges | 66B | - | €910 | +€910 | |
| Profit (loss) for the period before taxes | 9903 | €9,373 | €43,306 | +€33,934 | +362% |
| Profit (loss) for the period | 9904 | €9,373 | €43,306 | +€33,934 | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €9,373 | €43,306 | +€33,934 | +362% |
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 31 October 2026 via checked.be.