MEDIAWIND: 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.
MEDIAWIND
Largest movements
- Current investments +€262,528
up €262,528 (+35.6%), from €737,878 to €1.0m
- Receivables within one year +€34,553
up €34,553 (+9.7%), from €355,306 to €389,858
of which Other amounts receivable: +€33,622
- Stocks and contracts +€20,257
up €20,257 (+21.2%), from €95,450 to €115,707
- Tangible fixed assets -€17,058
down €17,058 (-44.6%), from €38,221 to €21,163
of which Furniture and vehicles: -€16,838
- Other debts +€401,975
up €401,975 (+211.7%), from €189,899 to €591,873
- Accrued charges and deferred income -€58,782
no longer reported in 2025 (was €58,782)
- Trade debts -€35,119
down €35,119 (-34.5%), from €101,827 to €66,708
- Current portion of long-term debt -€34,406
no longer reported in 2025 (was €34,406)
- Tax, wage and social debts +€17,000
up €17,000 (+11.6%), from €146,093 to €163,093
of which Remuneration and social security: +€24,581
- Gross operating margin +€421,210
up €421,210 (+46.6%), from €904,359 to €1.3m
- Staff costs +€122,740
up €122,740 (+27.1%), from €452,839 to €575,579
- Taxes +€73,906
up €73,906 (+65.7%), from €112,473 to €186,378
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 | €1,324,141 | €1,605,445 | +€281,304 | +21.2% |
| Formation expenses | 20 | €59,650 | €49,709 | -€9,942 | -16.7% |
| Fixed assets | 21/28 | €54,710 | €26,652 | -€28,058 | -51.3% |
| Intangible fixed assets | 21 | €16,364 | €5,364 | -€11,000 | -67.2% |
| Tangible fixed assets | 22/27 | €38,221 | €21,163 | -€17,058 | -44.6% |
| Plant, machinery and equipment | 23 | €220 | - | -€220 | |
| Furniture and vehicles | 24 | €38,001 | €21,163 | -€16,838 | -44.3% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €1,209,780 | €1,529,084 | +€319,304 | +26.4% |
| Stocks and contracts in progress | 3 | €95,450 | €115,707 | +€20,257 | +21.2% |
| Stocks | 30/36 | €95,450 | €115,707 | +€20,257 | +21.2% |
| Amounts receivable within one year | 40/41 | €355,306 | €389,858 | +€34,553 | +9.7% |
| Trade receivables | 40 | €340,904 | €341,835 | +€931 | +0.3% |
| Other amounts receivable | 41 | €14,402 | €48,024 | +€33,622 | +233.4% |
| Current investments | 50/53 | €737,878 | €1,000,406 | +€262,528 | +35.6% |
| Cash at bank and in hand | 54/58 | €17,545 | €23,113 | +€5,568 | +31.7% |
| Deferred charges and accrued income | 490/1 | €3,601 | - | -€3,601 | |
| Total equity and liabilities | 10/49 | €1,324,141 | €1,605,445 | +€281,304 | +21.2% |
| Equity | 10/15 | €793,134 | €783,770 | -€9,364 | -1.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €181,150 | €181,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €181,150 | €181,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €175,000 | €175,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €550,484 | €541,120 | -€9,364 | -1.7% |
| Amounts payable | 17/49 | €531,007 | €821,675 | +€290,668 | +54.7% |
| Amounts payable within one year | 42/48 | €472,224 | €821,675 | +€349,450 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €34,406 | - | -€34,406 | |
| Trade debts | 44 | €101,827 | €66,708 | -€35,119 | -34.5% |
| Suppliers | 440/4 | €101,827 | €66,708 | -€35,119 | -34.5% |
| Taxes, remuneration and social security | 45 | €146,093 | €163,093 | +€17,000 | +11.6% |
| Taxes | 450/3 | €102,396 | €94,814 | -€7,582 | -7.4% |
| Remuneration and social security | 454/9 | €43,697 | €68,279 | +€24,581 | +56.3% |
| Other amounts payable | 47/48 | €189,899 | €591,873 | +€401,975 | +211.7% |
| Accrued charges and deferred income | 492/3 | €58,782 | - | -€58,782 | |
| Remuneration, social security and pensions | 62 | €452,839 | €575,579 | +€122,740 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,541 | €41,167 | +€626 | +1.5% |
| Other operating charges | 640/8 | €4,450 | €2,802 | -€1,647 | -37.0% |
| Gross operating margin | 9900 | €904,359 | €1,325,569 | +€421,210 | +46.6% |
| Operating profit (loss) | 9901 | €406,530 | €706,021 | +€299,491 | +73.7% |
| Financial income | 75/76B | €2,073 | €2,553 | +€480 | +23.1% |
| Recurring financial income | 75 | €2,073 | €2,553 | +€480 | +23.1% |
| Financial charges | 65/66B | €3,718 | €1,559 | -€2,159 | -58.1% |
| Recurring financial charges | 65 | €3,718 | €1,559 | -€2,159 | -58.1% |
| Profit (loss) for the period before taxes | 9903 | €404,885 | €707,014 | +€302,130 | +74.6% |
| Income taxes | 67/77 | €112,473 | €186,378 | +€73,906 | +65.7% |
| Profit (loss) for the period | 9904 | €292,412 | €520,636 | +€228,224 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €292,412 | €520,636 | +€228,224 | +78.0% |
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.