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MEDIJA: 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.

What changed

MEDIJA

BE 0824.844.646
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€73,648
2024 · €66,319+€7,329
Equity
€543,117
2024 · €541,668+€1,448
Cash
€235,815
2024 · €246,319-€10,504
Balance sheet total
€584,783
2024 · €556,264+€28,519

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income +€17,540

    up €17,540 (+388.8%), from €4,511 to €22,051

  • Receivables within one year +€15,676

    up €15,676 (+2557.3%), from €613 to €16,289

    of which Other amounts receivable: +€14,030

  • Cash -€10,504

    down €10,504 (-4.3%), from €246,319 to €235,815

    mainly Contributions, distributions and other (-€72,200) and Deferred charges and accrued income (-€17,540)

  • Financial fixed assets +€9,124

    up €9,124 (+5.7%), from €159,924 to €169,048

Equity and liabilities
  • Other debts +€28,509

    up €28,509 (+234.7%), from €12,148 to €40,657

Income statement
  • Gross operating margin +€6,126

    up €6,126 (+6.8%), from €89,785 to €95,910

  • Taxes +€2,906

    up €2,906 (+11.5%), from €25,203 to €28,108

  • Financial income +€2,065

    up €2,065 (+19.1%), from €10,817 to €12,882

  • Depreciation -€2,028

    down €2,028 (-26.3%), from €7,713 to €5,686

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €66,319
Gross operating margin +€6,126
Depreciation +€2,028
Other operating charges -€100
Financial income +€2,065
Financial charges +€116
Taxes -€2,906
Result 2025 €73,648

Cash bridge derived

cash 2024 to 2025

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.

From operations +€73,189
Investment -€11,493
Financing -€72,200
Cash 2024 €246,319
Net result for the year +€73,648
Depreciation +€5,686
Receivables within one year -€15,676
Deferred charges and accrued income -€17,540
Trade debts -€552
Tax, wage and social debts -€886
Other debts +€28,509
Investment in fixed assets (net) -€11,423
Current investments -€70
Contributions, distributions and other -€72,200
Cash 2025 €235,815
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €556,264 €584,783 +€28,519 +5.1%
Fixed assets 21/28 €167,290 €173,027 +€5,737 +3.4%
Tangible fixed assets 22/27 €7,366 €3,979 -€3,387 -46.0%
Plant, machinery and equipment 23 €1,743 €3,079 +€1,336 +76.6%
Furniture and vehicles 24 €4,479 - -€4,479
Other tangible fixed assets 26 €1,144 €900 -€244 -21.3%
Financial fixed assets 28 €159,924 €169,048 +€9,124 +5.7%
Current assets 29/58 €388,974 €411,756 +€22,782 +5.9%
Amounts receivable within one year 40/41 €613 €16,289 +€15,676 +2557.3%
Trade receivables 40 €613 €2,260 +€1,647 +268.6%
Other amounts receivable 41 - €14,030 +€14,030
Current investments 50/53 €137,531 €137,601 +€70 +0.1%
Cash at bank and in hand 54/58 €246,319 €235,815 -€10,504 -4.3%
Deferred charges and accrued income 490/1 €4,511 €22,051 +€17,540 +388.8%
Total equity and liabilities 10/49 €556,264 €584,783 +€28,519 +5.1%
Equity 10/15 €541,668 €543,117 +€1,448 +0.3%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €533,679 €535,127 +€1,448 +0.3%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €531,819 €533,267 +€1,448 +0.3%
Profit (loss) carried forward 14 €1,789 €1,790 +€0 0.0%
Amounts payable 17/49 €14,596 €41,667 +€27,071 +185.5%
Amounts payable within one year 42/48 €14,596 €41,667 +€27,071 +185.5%
Trade debts 44 €1,562 €1,010 -€552 -35.4%
Suppliers 440/4 €1,562 €1,010 -€552 -35.4%
Taxes, remuneration and social security 45 €886 - -€886
Taxes 450/3 €886 - -€886
Other amounts payable 47/48 €12,148 €40,657 +€28,509 +234.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,713 €5,686 -€2,028 -26.3%
Other operating charges 640/8 €1,050 €1,149 +€100 +9.5%
Gross operating margin 9900 €89,785 €95,910 +€6,126 +6.8%
Operating profit (loss) 9901 €81,022 €89,075 +€8,054 +9.9%
Financial income 75/76B €10,817 €12,882 +€2,065 +19.1%
Recurring financial income 75 €10,817 €12,882 +€2,065 +19.1%
Financial charges 65/66B €317 €201 -€116 -36.6%
Recurring financial charges 65 €317 €201 -€116 -36.6%
Profit (loss) for the period before taxes 9903 €91,522 €101,757 +€10,235 +11.2%
Income taxes 67/77 €25,203 €28,108 +€2,906 +11.5%
Profit (loss) for the period 9904 €66,319 €73,648 +€7,329 +11.1%
Profit (loss) for the period to be appropriated 9905 €66,319 €73,648 +€7,329 +11.1%

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 30 September 2026 via checked.be.