Square 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.
Square Media
Largest movements
- Receivables within one year +€13,196
up €13,196 (+76.3%), from €17,292 to €30,488
of which Other amounts receivable: +€10,013
- Cash -€1,360
down €1,360 (-13.1%), from €10,373 to €9,014
mainly Contributions, distributions and other (-€18,000) and Receivables within one year (-€13,196)
- Other debts +€13,634
up €13,634 (+818%), from €1,666 to €15,300
- Reserves -€5,494
down €5,494 (-30.5%), from €18,000 to €12,506
- Tax, wage and social debts +€4,162
up €4,162 (+365%), from €1,141 to €5,303
- Gross operating margin +€3,699
up €3,699 (+28.8%), from €12,865 to €16,563
- Other operating charges +€918
up €918 (+144%), from €639 to €1,558
- Taxes +€467
up €467 (+18.0%), from €2,591 to €3,058
- Financial income +€269
up €269 (+172%), from €156 to €425
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 | €27,821 | €39,688 | +€11,866 | +42.7% |
| Current assets | 29/58 | €27,821 | €39,688 | +€11,866 | +42.7% |
| Amounts receivable within one year | 40/41 | €17,292 | €30,488 | +€13,196 | +76.3% |
| Trade receivables | 40 | €2,292 | €5,475 | +€3,183 | +139% |
| Other amounts receivable | 41 | €15,000 | €25,013 | +€10,013 | +66.8% |
| Cash at bank and in hand | 54/58 | €10,373 | €9,014 | -€1,360 | -13.1% |
| Deferred charges and accrued income | 490/1 | €156 | €186 | +€30 | +19.1% |
| Total equity and liabilities | 10/49 | €27,821 | €39,688 | +€11,866 | +42.7% |
| Equity | 10/15 | €24,273 | €18,506 | -€5,767 | -23.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €12,506 | -€5,494 | -30.5% |
| Distributable reserves | 133 | €18,000 | €12,506 | -€5,494 | -30.5% |
| Profit (loss) carried forward | 14 | €273 | €0 | -€273 | -100% |
| Amounts payable | 17/49 | €3,549 | €21,182 | +€17,634 | +497% |
| Amounts payable within one year | 42/48 | €3,549 | €21,182 | +€17,634 | +497% |
| Trade debts | 44 | €742 | €580 | -€163 | -21.9% |
| Suppliers | 440/4 | €742 | €580 | -€163 | -21.9% |
| Taxes, remuneration and social security | 45 | €1,141 | €5,303 | +€4,162 | +365% |
| Taxes | 450/3 | €1,141 | €5,303 | +€4,162 | +365% |
| Other amounts payable | 47/48 | €1,666 | €15,300 | +€13,634 | +818% |
| Other operating charges | 640/8 | €639 | €1,558 | +€918 | +144% |
| Gross operating margin | 9900 | €12,865 | €16,563 | +€3,699 | +28.8% |
| Operating profit (loss) | 9901 | €12,225 | €15,005 | +€2,780 | +22.7% |
| Financial income | 75/76B | €156 | €425 | +€269 | +172% |
| Recurring financial income | 75 | €156 | €425 | +€269 | +172% |
| Financial charges | 65/66B | €145 | €140 | -€6 | -3.9% |
| Recurring financial charges | 65 | €145 | €140 | -€6 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €12,236 | €15,291 | +€3,055 | +25.0% |
| Income taxes | 67/77 | €2,591 | €3,058 | +€467 | +18.0% |
| Profit (loss) for the period | 9904 | €9,645 | €12,233 | +€2,588 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,645 | €12,233 | +€2,588 | +26.8% |
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 15 October 2026 via checked.be.