Mensen & Media: 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.
Mensen & Media
Largest movements
- Receivables within one year +€36,542
up €36,542 (+114%), from €32,031 to €68,573
of which Trade receivables: +€37,870
- Cash +€18,728
up €18,728 (+13.8%), from €135,908 to €154,636
mainly Net result for the year (+€79,239) and Other debts (+€55,461)
- Other debts +€55,461
up €55,461 (+55.6%), from €99,758 to €155,219
- Trade debts +€5,930
up €5,930 (+16.0%), from €37,072 to €43,003
- Reserves -€4,768
down €4,768 (-100%), from €4,768 to €0
- Accrued charges and deferred income -€4,026
down €4,026 (-28.0%), from €14,361 to €10,335
- Tax, wage and social debts +€3,921
up €3,921 (+15.2%), from €25,866 to €29,787
of which Taxes: +€9,335
- Gross operating margin +€130,900
up €130,900 (+268%), from €48,885 to €179,785
- Staff costs +€28,573
up €28,573 (+123%), from €23,174 to €51,747
- Taxes +€24,853
up €24,853 (+1,274%), from €1,950 to €26,803
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 | €182,825 | €239,344 | +€56,519 | +30.9% |
| Fixed assets | 21/28 | €13,879 | €14,204 | +€325 | +2.3% |
| Tangible fixed assets | 22/27 | €13,879 | €14,204 | +€325 | +2.3% |
| Plant, machinery and equipment | 23 | €422 | €93 | -€329 | -77.9% |
| Furniture and vehicles | 24 | €12,821 | €14,111 | +€1,290 | +10.1% |
| Other tangible fixed assets | 26 | €637 | - | -€637 | |
| Current assets | 29/58 | €168,945 | €225,139 | +€56,194 | +33.3% |
| Amounts receivable within one year | 40/41 | €32,031 | €68,573 | +€36,542 | +114% |
| Trade receivables | 40 | €30,703 | €68,573 | +€37,870 | +123% |
| Other amounts receivable | 41 | €1,328 | €0 | -€1,328 | -100% |
| Cash at bank and in hand | 54/58 | €135,908 | €154,636 | +€18,728 | +13.8% |
| Deferred charges and accrued income | 490/1 | €1,006 | €1,930 | +€924 | +91.9% |
| Total equity and liabilities | 10/49 | €182,825 | €239,344 | +€56,519 | +30.9% |
| Equity | 10/15 | €5,768 | €1,000 | -€4,768 | -82.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,768 | €0 | -€4,768 | -100% |
| Distributable reserves | 133 | €4,768 | €0 | -€4,768 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €177,057 | €238,344 | +€61,287 | +34.6% |
| Amounts payable within one year | 42/48 | €162,696 | €228,009 | +€65,313 | +40.1% |
| Trade debts | 44 | €37,072 | €43,003 | +€5,930 | +16.0% |
| Suppliers | 440/4 | €37,072 | €43,003 | +€5,930 | +16.0% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €25,866 | €29,787 | +€3,921 | +15.2% |
| Taxes | 450/3 | €9,403 | €18,739 | +€9,335 | +99.3% |
| Remuneration and social security | 454/9 | €16,463 | €11,049 | -€5,414 | -32.9% |
| Other amounts payable | 47/48 | €99,758 | €155,219 | +€55,461 | +55.6% |
| Accrued charges and deferred income | 492/3 | €14,361 | €10,335 | -€4,026 | -28.0% |
| Remuneration, social security and pensions | 62 | €23,174 | €51,747 | +€28,573 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,689 | €7,097 | +€408 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,926 | €2,937 | +€11 | +0.4% |
| Other operating charges | 640/8 | €13,219 | €13,012 | -€206 | -1.6% |
| Non-recurring operating charges | 66A | - | €37 | +€37 | |
| Gross operating margin | 9900 | €48,885 | €179,785 | +€130,900 | +268% |
| Operating profit (loss) | 9901 | €2,877 | €104,955 | +€102,078 | +3,548% |
| Financial income | 75/76B | €6 | €1,371 | +€1,365 | +23,948% |
| Recurring financial income | 75 | €6 | €1,371 | +€1,365 | +23,948% |
| Financial charges | 65/66B | €576 | €284 | -€292 | -50.7% |
| Recurring financial charges | 65 | €576 | €284 | -€292 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €2,307 | €106,042 | +€103,735 | +4,496% |
| Income taxes | 67/77 | €1,950 | €26,803 | +€24,853 | +1,274% |
| Profit (loss) for the period | 9904 | €357 | €79,239 | +€78,882 | +22,086% |
| Profit (loss) for the period to be appropriated | 9905 | €357 | €79,239 | +€78,882 | +22,086% |
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 20 October 2026 via checked.be.