PUNCH MEDIA GROUP: 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.
PUNCH MEDIA GROUP
Largest movements
- Cash +€33,809
up €33,809 (+127%), from €26,707 to €60,515
mainly Net result for the year (+€55,147) and Trade debts (+€13,737)
- Receivables within one year +€12,828
up €12,828 (+96.3%), from €13,327 to €26,155
of which Trade receivables: +€12,407
- Tangible fixed assets -€1,264
down €1,264 (-33.7%), from €3,750 to €2,485
- Profit (loss) carried forward +€55,147
up €55,147 (+20.2%), from -€272,448 to -€217,301
- Other debts -€23,512
down €23,512 (-15.0%), from €157,037 to €133,525
- Trade debts +€13,737
up €13,737 (+324%), from €4,245 to €17,982
- Gross operating margin +€63,302
up €63,302, from -€4,443 to €58,859
- Other operating charges +€2,000
new in 2025: €2,000
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 | €43,784 | €89,156 | +€45,372 | +104% |
| Fixed assets | 21/28 | €3,750 | €2,485 | -€1,264 | -33.7% |
| Tangible fixed assets | 22/27 | €3,750 | €2,485 | -€1,264 | -33.7% |
| Furniture and vehicles | 24 | €3,750 | €2,485 | -€1,264 | -33.7% |
| Current assets | 29/58 | €40,034 | €86,670 | +€46,636 | +116% |
| Amounts receivable within one year | 40/41 | €13,327 | €26,155 | +€12,828 | +96.3% |
| Trade receivables | 40 | €13,056 | €25,463 | +€12,407 | +95.0% |
| Other amounts receivable | 41 | €272 | €692 | +€420 | +155% |
| Cash at bank and in hand | 54/58 | €26,707 | €60,515 | +€33,809 | +127% |
| Total equity and liabilities | 10/49 | €43,784 | €89,156 | +€45,372 | +104% |
| Equity | 10/15 | -€117,498 | -€62,351 | +€55,147 | +46.9% |
| Contributions | 10/11 | €148,500 | €148,500 | = | 0.0% |
| Capital | 10 | €148,500 | €148,500 | = | 0.0% |
| Issued capital | 100 | €148,500 | €148,500 | = | 0.0% |
| Reserves | 13 | €6,450 | €6,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,450 | €6,450 | = | 0.0% |
| Legal reserve | 130 | €6,450 | €6,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€272,448 | -€217,301 | +€55,147 | +20.2% |
| Amounts payable | 17/49 | €161,282 | €151,507 | -€9,775 | -6.1% |
| Amounts payable within one year | 42/48 | €161,282 | €151,507 | -€9,775 | -6.1% |
| Trade debts | 44 | €4,245 | €17,982 | +€13,737 | +324% |
| Suppliers | 440/4 | €4,245 | €17,982 | +€13,737 | +324% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €157,037 | €133,525 | -€23,512 | -15.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €9,023 | €0 | -€9,023 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,490 | €1,264 | -€225 | -15.1% |
| Other operating charges | 640/8 | - | €2,000 | +€2,000 | |
| Gross operating margin | 9900 | -€4,443 | €58,859 | +€63,302 | |
| Operating profit (loss) | 9901 | -€5,933 | €55,595 | +€61,527 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -30.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -30.0% |
| Financial charges | 65/66B | €471 | €447 | -€24 | -5.0% |
| Recurring financial charges | 65 | €471 | €447 | -€24 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,404 | €55,147 | +€61,551 | |
| Profit (loss) for the period | 9904 | -€6,404 | €55,147 | +€61,551 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,404 | €55,147 | +€61,551 |
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 19 October 2026 via checked.be.