NEW - MEDIA SERVICES: 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.
NEW - MEDIA SERVICES
Largest movements
- Financial fixed assets +€404,704
up €404,704 (+281%), from €143,982 to €548,686
- Receivables within one year +€165,051
up €165,051 (+191%), from €86,587 to €251,638
of which Other amounts receivable: +€148,470
- Tangible fixed assets -€55,522
down €55,522 (-35.3%), from €157,448 to €101,925
of which Other tangible fixed assets: -€34,584
- Cash +€17,052
up €17,052 (+512%), from €3,329 to €20,381
mainly Net result for the year (+€566,014) and Depreciation (+€65,652)
- Receivables after one year -€13,200
down €13,200 (-12.3%), from €107,600 to €94,400
- Reserves +€566,014
up €566,014 (+215%), from €263,338 to €829,353
- Debts after one year -€41,311
down €41,311 (-28.3%), from €146,136 to €104,825
- Financial income +€578,357
up €578,357 (+25,393%), from €2,278 to €580,634
- Financial charges -€44,135
down €44,135 (-89.3%), from €49,410 to €5,275
- Gross operating margin -€17,228
down €17,228 (-23.0%), from €74,838 to €57,610
- Depreciation +€1,912
up €1,912 (+3.0%), from €63,739 to €65,652
- Other operating charges -€1,352
down €1,352 (-58.0%), from €2,330 to €978
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 | €500,400 | €1,018,563 | +€518,163 | +104% |
| Fixed assets | 21/28 | €301,429 | €650,611 | +€349,182 | +116% |
| Tangible fixed assets | 22/27 | €157,448 | €101,925 | -€55,522 | -35.3% |
| Land and buildings | 22 | €13,485 | €6,742 | -€6,742 | -50.0% |
| Plant, machinery and equipment | 23 | €5,919 | €7,777 | +€1,858 | +31.4% |
| Furniture and vehicles | 24 | €69,670 | €53,616 | -€16,054 | -23.0% |
| Other tangible fixed assets | 26 | €68,373 | €33,790 | -€34,584 | -50.6% |
| Financial fixed assets | 28 | €143,982 | €548,686 | +€404,704 | +281% |
| Current assets | 29/58 | €198,970 | €367,952 | +€168,982 | +84.9% |
| Amounts receivable after more than one year | 29 | €107,600 | €94,400 | -€13,200 | -12.3% |
| Other amounts receivable | 291 | €107,600 | €94,400 | -€13,200 | -12.3% |
| Amounts receivable within one year | 40/41 | €86,587 | €251,638 | +€165,051 | +191% |
| Trade receivables | 40 | €39,941 | €56,522 | +€16,581 | +41.5% |
| Other amounts receivable | 41 | €46,646 | €195,116 | +€148,470 | +318% |
| Cash at bank and in hand | 54/58 | €3,329 | €20,381 | +€17,052 | +512% |
| Deferred charges and accrued income | 490/1 | €1,454 | €1,533 | +€79 | +5.4% |
| Total equity and liabilities | 10/49 | €500,400 | €1,018,563 | +€518,163 | +104% |
| Equity | 10/15 | €276,838 | €842,853 | +€566,014 | +204% |
| Contributions | 10/11 | €13,500 | €13,500 | = | 0.0% |
| Reserves | 13 | €263,338 | €829,353 | +€566,014 | +215% |
| Distributable reserves | 133 | €263,338 | €829,353 | +€566,014 | +215% |
| Amounts payable | 17/49 | €223,561 | €175,710 | -€47,851 | -21.4% |
| Amounts payable after more than one year | 17 | €146,136 | €104,825 | -€41,311 | -28.3% |
| Financial debts | 170/4 | €146,136 | €104,825 | -€41,311 | -28.3% |
| Amounts payable within one year | 42/48 | €77,425 | €70,886 | -€6,540 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €59,770 | €61,311 | +€1,541 | +2.6% |
| Financial debts | 43 | €265 | €32 | -€233 | -87.9% |
| Credit institutions | 430/8 | €265 | €32 | -€233 | -87.9% |
| Trade debts | 44 | €10,946 | €6,708 | -€4,238 | -38.7% |
| Suppliers | 440/4 | €10,946 | €6,708 | -€4,238 | -38.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,445 | €2,834 | -€3,611 | -56.0% |
| Taxes | 450/3 | €4,404 | €2,834 | -€1,570 | -35.6% |
| Remuneration and social security | 454/9 | €2,041 | €0 | -€2,041 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,739 | €65,652 | +€1,912 | +3.0% |
| Other operating charges | 640/8 | €2,330 | €978 | -€1,352 | -58.0% |
| Gross operating margin | 9900 | €74,838 | €57,610 | -€17,228 | -23.0% |
| Operating profit (loss) | 9901 | €8,768 | -€9,020 | -€17,788 | |
| Financial income | 75/76B | €2,278 | €580,634 | +€578,357 | +25,393% |
| Recurring financial income | 75 | €2,278 | €580,634 | +€578,357 | +25,393% |
| Financial charges | 65/66B | €49,410 | €5,275 | -€44,135 | -89.3% |
| Recurring financial charges | 65 | €49,410 | €5,275 | -€44,135 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,364 | €566,339 | +€604,704 | |
| Income taxes | 67/77 | €228 | €325 | +€98 | +42.8% |
| Profit (loss) for the period | 9904 | -€38,592 | €566,014 | +€604,606 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,592 | €566,014 | +€604,606 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.