MEDIASTAR: 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.
MEDIASTAR
Largest movements
- Receivables within one year +€11,619
up €11,619 (+11.6%), from €100,023 to €111,643
of which Other amounts receivable: +€11,619
- Cash -€10,541
down €10,541 (-26.1%), from €40,339 to €29,798
mainly Receivables within one year (-€11,619) and Investment in fixed assets (net) (-€11,068)
No liability line moved by more than 1% of the balance sheet total.
- Taxes -€6,629
down €6,629 (-97.1%), from €6,824 to €195
- Gross operating margin -€5,111
down €5,111 (-24.5%), from €20,892 to €15,782
- Other operating charges +€2,849
up €2,849 (+49.5%), from €5,752 to €8,601
- Depreciation +€651
up €651 (+6.7%), from €9,675 to €10,326
- Financial income -€454
down €454 (-15.3%), from €2,973 to €2,519
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 | €538,786 | €541,889 | +€3,104 | +0.6% |
| Fixed assets | 21/28 | €354,247 | €354,990 | +€743 | +0.2% |
| Tangible fixed assets | 22/27 | €342,482 | €343,225 | +€743 | +0.2% |
| Land and buildings | 22 | €340,462 | €340,269 | -€193 | -0.1% |
| Furniture and vehicles | 24 | €2,021 | €2,956 | +€936 | +46.3% |
| Financial fixed assets | 28 | €11,765 | €11,765 | = | 0.0% |
| Current assets | 29/58 | €184,538 | €186,899 | +€2,361 | +1.3% |
| Amounts receivable within one year | 40/41 | €100,023 | €111,643 | +€11,619 | +11.6% |
| Trade receivables | 40 | €25,774 | €25,774 | = | 0.0% |
| Other amounts receivable | 41 | €74,250 | €85,869 | +€11,619 | +15.6% |
| Cash at bank and in hand | 54/58 | €40,339 | €29,798 | -€10,541 | -26.1% |
| Deferred charges and accrued income | 490/1 | €44,176 | €45,459 | +€1,282 | +2.9% |
| Total equity and liabilities | 10/49 | €538,786 | €541,889 | +€3,104 | +0.6% |
| Equity | 10/15 | €491,670 | €490,724 | -€946 | -0.2% |
| Contributions | 10/11 | €12,803 | €12,803 | = | 0.0% |
| Reserves | 13 | €46,891 | €46,891 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €44,991 | €44,991 | = | 0.0% |
| Profit (loss) carried forward | 14 | €431,976 | €431,030 | -€946 | -0.2% |
| Amounts payable | 17/49 | €47,116 | €51,165 | +€4,049 | +8.6% |
| Amounts payable within one year | 42/48 | €26,493 | €30,542 | +€4,049 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €25,928 | €29,782 | +€3,854 | +14.9% |
| Suppliers | 440/4 | €25,928 | €29,782 | +€3,854 | +14.9% |
| Taxes, remuneration and social security | 45 | €565 | €760 | +€195 | +34.6% |
| Taxes | 450/3 | €565 | €760 | +€195 | +34.6% |
| Accrued charges and deferred income | 492/3 | €20,623 | €20,623 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,675 | €10,326 | +€651 | +6.7% |
| Other operating charges | 640/8 | €5,752 | €8,601 | +€2,849 | +49.5% |
| Gross operating margin | 9900 | €20,892 | €15,782 | -€5,111 | -24.5% |
| Operating profit (loss) | 9901 | €5,465 | -€3,145 | -€8,610 | |
| Financial income | 75/76B | €2,973 | €2,519 | -€454 | -15.3% |
| Recurring financial income | 75 | €2,973 | €2,519 | -€454 | -15.3% |
| Financial charges | 65/66B | €333 | €125 | -€208 | -62.6% |
| Recurring financial charges | 65 | €333 | €125 | -€208 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €8,105 | -€751 | -€8,856 | |
| Income taxes | 67/77 | €6,824 | €195 | -€6,629 | -97.1% |
| Profit (loss) for the period | 9904 | €1,281 | -€946 | -€2,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,281 | -€946 | -€2,227 |
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 4 October 2026 via checked.be.