MEDIATOR: 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.
MEDIATOR
Largest movements
- Cash +€38,675
up €38,675 (+205.7%), from €18,800 to €57,475
mainly Net result for the year (+€45,341) and Deferred charges and accrued income (+€26,497)
- Deferred charges and accrued income -€26,497
down €26,497 (-67.4%), from €39,294 to €12,797
- Receivables within one year -€7,000
down €7,000 (-100.0%), from €7,000 to €0
of which Trade receivables: -€7,000
- Tangible fixed assets -€2,692
down €2,692 (-3.2%), from €84,067 to €81,375
of which Plant, machinery and equipment: -€3,781
- Reserves +€18,082
up €18,082 (+18.8%), from €96,007 to €114,088
- Debts after one year -€11,633
down €11,633 (-37.7%), from €30,857 to €19,224
of which Financial debts: -€11,633
- Gross operating margin -€8,370
down €8,370 (-9.8%), from €85,544 to €77,173
- Taxes +€2,427
up €2,427 (+15.7%), from €15,494 to €17,921
- Financial charges +€1,614
up €1,614 (+63.6%), from €2,538 to €4,152
- Financial income +€1,036
up €1,036 (+8935.4%), from €12 to €1,047
- Depreciation +€1,016
up €1,016 (+12.8%), from €7,923 to €8,939
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 | €156,559 | €159,653 | +€3,094 | +2.0% |
| Fixed assets | 21/28 | €84,377 | €81,375 | -€3,001 | -3.6% |
| Tangible fixed assets | 22/27 | €84,067 | €81,375 | -€2,692 | -3.2% |
| Land and buildings | 22 | €65,240 | €62,323 | -€2,917 | -4.5% |
| Plant, machinery and equipment | 23 | €15,581 | €11,800 | -€3,781 | -24.3% |
| Furniture and vehicles | 24 | €0 | €1,146 | +€1,146 | |
| Other tangible fixed assets | 26 | €3,246 | €6,106 | +€2,860 | +88.1% |
| Financial fixed assets | 28 | €309 | €0 | -€309 | -100.0% |
| Current assets | 29/58 | €72,182 | €78,277 | +€6,095 | +8.4% |
| Amounts receivable within one year | 40/41 | €7,000 | €0 | -€7,000 | -100.0% |
| Trade receivables | 40 | €7,000 | €0 | -€7,000 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €7,088 | €8,006 | +€917 | +12.9% |
| Cash at bank and in hand | 54/58 | €18,800 | €57,475 | +€38,675 | +205.7% |
| Deferred charges and accrued income | 490/1 | €39,294 | €12,797 | -€26,497 | -67.4% |
| Total equity and liabilities | 10/49 | €156,559 | €159,653 | +€3,094 | +2.0% |
| Equity | 10/15 | €102,207 | €120,288 | +€18,082 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,007 | €114,088 | +€18,082 | +18.8% |
| Distributable reserves | 133 | €96,007 | €114,088 | +€18,082 | +18.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,352 | €39,364 | -€14,988 | -27.6% |
| Amounts payable after more than one year | 17 | €30,857 | €19,224 | -€11,633 | -37.7% |
| Financial debts | 170/4 | €30,857 | €19,224 | -€11,633 | -37.7% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,495 | €20,141 | -€3,355 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €12,772 | €11,633 | -€1,139 | -8.9% |
| Trade debts | 44 | €1,957 | €1,395 | -€563 | -28.7% |
| Suppliers | 440/4 | €1,957 | €1,395 | -€563 | -28.7% |
| Taxes, remuneration and social security | 45 | €7,494 | €5,948 | -€1,546 | -20.6% |
| Taxes | 450/3 | €7,494 | €5,948 | -€1,546 | -20.6% |
| Other amounts payable | 47/48 | €1,272 | €1,165 | -€107 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,923 | €8,939 | +€1,016 | +12.8% |
| Other operating charges | 640/8 | €1,631 | €1,867 | +€236 | +14.5% |
| Non-recurring operating charges | 66A | €18,356 | €0 | -€18,356 | -100.0% |
| Gross operating margin | 9900 | €85,544 | €77,173 | -€8,370 | -9.8% |
| Operating profit (loss) | 9901 | €57,633 | €66,367 | +€8,733 | +15.2% |
| Financial income | 75/76B | €12 | €1,047 | +€1,036 | +8935.4% |
| Recurring financial income | 75 | €12 | €1,047 | +€1,036 | +8935.4% |
| Financial charges | 65/66B | €2,538 | €4,152 | +€1,614 | +63.6% |
| Recurring financial charges | 65 | €2,538 | €4,152 | +€1,614 | +63.6% |
| Profit (loss) for the period before taxes | 9903 | €55,107 | €63,262 | +€8,155 | +14.8% |
| Income taxes | 67/77 | €15,494 | €17,921 | +€2,427 | +15.7% |
| Profit (loss) for the period | 9904 | €39,613 | €45,341 | +€5,728 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,613 | €45,341 | +€5,728 | +14.5% |
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 1 October 2026 via checked.be.