SKMEDIA: 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.
SKMEDIA
Largest movements
- Cash +€95,949
up €95,949 (+132%), from €72,494 to €168,444
mainly Net result for the year (+€88,102) and Receivables within one year (+€11,999)
- Receivables within one year -€11,999
down €11,999 (-85.3%), from €14,067 to €2,068
of which Trade receivables: -€11,180
- Reserves +€87,243
up €87,243 (+101%), from €86,789 to €174,032
- Tax, wage and social debts -€4,331
down €4,331 (-60.0%), from €7,224 to €2,893
- Gross operating margin +€3,003
up €3,003 (+2.7%), from €111,497 to €114,500
- Depreciation +€1,301
up €1,301 (+84.5%), from €1,540 to €2,841
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 | €99,366 | €182,194 | +€82,828 | +83.4% |
| Fixed assets | 21/28 | €12,428 | €11,281 | -€1,148 | -9.2% |
| Tangible fixed assets | 22/27 | €12,428 | €11,281 | -€1,148 | -9.2% |
| Furniture and vehicles | 24 | €4,741 | €4,513 | -€228 | -4.8% |
| Other tangible fixed assets | 26 | €7,687 | €6,767 | -€920 | -12.0% |
| Current assets | 29/58 | €86,938 | €170,914 | +€83,976 | +96.6% |
| Amounts receivable within one year | 40/41 | €14,067 | €2,068 | -€11,999 | -85.3% |
| Trade receivables | 40 | €11,180 | - | -€11,180 | |
| Other amounts receivable | 41 | €2,886 | €2,068 | -€819 | -28.4% |
| Cash at bank and in hand | 54/58 | €72,494 | €168,444 | +€95,949 | +132% |
| Deferred charges and accrued income | 490/1 | €377 | €402 | +€25 | +6.7% |
| Total equity and liabilities | 10/49 | €99,366 | €182,194 | +€82,828 | +83.4% |
| Equity | 10/15 | €89,789 | €177,032 | +€87,243 | +97.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €86,789 | €174,032 | +€87,243 | +101% |
| Distributable reserves | 133 | €86,789 | €174,032 | +€87,243 | +101% |
| Amounts payable | 17/49 | €9,577 | €5,163 | -€4,415 | -46.1% |
| Amounts payable within one year | 42/48 | €9,227 | €4,710 | -€4,517 | -49.0% |
| Trade debts | 44 | €1,975 | €1,789 | -€186 | -9.4% |
| Suppliers | 440/4 | €1,975 | €1,789 | -€186 | -9.4% |
| Taxes, remuneration and social security | 45 | €7,224 | €2,893 | -€4,331 | -60.0% |
| Taxes | 450/3 | €7,224 | €2,893 | -€4,331 | -60.0% |
| Other amounts payable | 47/48 | €28 | €28 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €350 | €453 | +€102 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,540 | €2,841 | +€1,301 | +84.5% |
| Other operating charges | 640/8 | €979 | €527 | -€451 | -46.1% |
| Gross operating margin | 9900 | €111,497 | €114,500 | +€3,003 | +2.7% |
| Operating profit (loss) | 9901 | €108,979 | €111,132 | +€2,154 | +2.0% |
| Financial income | 75/76B | €1 | €9 | +€8 | +790% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +790% |
| Financial charges | 65/66B | €77 | €107 | +€29 | +38.1% |
| Recurring financial charges | 65 | €77 | €107 | +€29 | +38.1% |
| Profit (loss) for the period before taxes | 9903 | €108,902 | €111,034 | +€2,132 | +2.0% |
| Income taxes | 67/77 | €22,114 | €22,932 | +€819 | +3.7% |
| Profit (loss) for the period | 9904 | €86,789 | €88,102 | +€1,314 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €86,789 | €88,102 | +€1,314 | +1.5% |
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 18 October 2026 via checked.be.