SheepSpace 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.
SheepSpace Media
Largest movements
- Financial fixed assets +€49,359
up €49,359 (+52.2%), from €94,627 to €143,987
- Deferred charges and accrued income -€40,069
down €40,069 (-26.4%), from €151,992 to €111,923
- Tangible fixed assets -€15,979
down €15,979 (-45.7%), from €34,979 to €19,000
- Tax, wage and social debts -€87,373
down €87,373 (-77.6%), from €112,594 to €25,221
of which Taxes: -€48,295
- Other debts +€46,393
up €46,393 (+928%), from €5,000 to €51,393
- Trade debts +€25,436
up €25,436 (+29.1%), from €87,420 to €112,856
- Profit (loss) carried forward +€9,158
up €9,158 (+4,807%), from €191 to €9,348
- Gross operating margin -€297,636
down €297,636, from €296,172 to -€1,464
- Write-downs -€221,914
down €221,914, from €160,941 to -€60,973
- Staff costs -€70,210
down €70,210 (-80.4%), from €87,351 to €17,141
- Financial charges +€21,917
up €21,917 (+8,135%), from €269 to €22,186
- Financial income +€6,379
up €6,379 (+737%), from €866 to €7,245
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,688 | €284,302 | -€6,386 | -2.2% |
| Fixed assets | 21/28 | €129,606 | €162,986 | +€33,380 | +25.8% |
| Tangible fixed assets | 22/27 | €34,979 | €19,000 | -€15,979 | -45.7% |
| Furniture and vehicles | 24 | €34,979 | €19,000 | -€15,979 | -45.7% |
| Financial fixed assets | 28 | €94,627 | €143,987 | +€49,359 | +52.2% |
| Current assets | 29/58 | €161,082 | €121,315 | -€39,767 | -24.7% |
| Amounts receivable within one year | 40/41 | €4,608 | €2,728 | -€1,880 | -40.8% |
| Trade receivables | 40 | - | €1,815 | +€1,815 | |
| Other amounts receivable | 41 | €4,608 | €913 | -€3,695 | -80.2% |
| Cash at bank and in hand | 54/58 | €4,482 | €6,664 | +€2,183 | +48.7% |
| Deferred charges and accrued income | 490/1 | €151,992 | €111,923 | -€40,069 | -26.4% |
| Total equity and liabilities | 10/49 | €290,688 | €284,302 | -€6,386 | -2.2% |
| Equity | 10/15 | €37,191 | €46,348 | +€9,158 | +24.6% |
| Reserves | 13 | €37,000 | €37,000 | = | 0.0% |
| Distributable reserves | 133 | €37,000 | €37,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €191 | €9,348 | +€9,158 | +4,807% |
| Amounts payable | 17/49 | €253,497 | €237,953 | -€15,544 | -6.1% |
| Amounts payable within one year | 42/48 | €253,497 | €237,953 | -€15,544 | -6.1% |
| Trade debts | 44 | €87,420 | €112,856 | +€25,436 | +29.1% |
| Suppliers | 440/4 | €87,420 | €112,856 | +€25,436 | +29.1% |
| Advances received on contracts in progress | 46 | €48,483 | €48,483 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €112,594 | €25,221 | -€87,373 | -77.6% |
| Taxes | 450/3 | €73,516 | €25,221 | -€48,295 | -65.7% |
| Remuneration and social security | 454/9 | €39,078 | - | -€39,078 | |
| Other amounts payable | 47/48 | €5,000 | €51,393 | +€46,393 | +928% |
| Remuneration, social security and pensions | 62 | €87,351 | €17,141 | -€70,210 | -80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,958 | €15,979 | +€3,021 | +23.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €160,941 | -€60,973 | -€221,914 | |
| Gross operating margin | 9900 | €296,172 | -€1,464 | -€297,636 | |
| Operating profit (loss) | 9901 | €34,922 | €26,389 | -€8,533 | -24.4% |
| Financial income | 75/76B | €866 | €7,245 | +€6,379 | +737% |
| Recurring financial income | 75 | €866 | €7,245 | +€6,379 | +737% |
| Financial charges | 65/66B | €269 | €22,186 | +€21,917 | +8,135% |
| Recurring financial charges | 65 | €269 | €22,186 | +€21,917 | +8,135% |
| Profit (loss) for the period before taxes | 9903 | €35,518 | €11,447 | -€24,071 | -67.8% |
| Income taxes | 67/77 | €7,334 | €2,289 | -€5,045 | -68.8% |
| Profit (loss) for the period | 9904 | €28,184 | €9,158 | -€19,026 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,184 | €9,158 | -€19,026 | -67.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.