THINK DIFFERENT 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.
THINK DIFFERENT MEDIA
Largest movements
- Current investments +€9,554
up €9,554 (+3.4%), from €277,963 to €287,517
- Cash +€8,424
up €8,424 (+17.5%), from €48,166 to €56,590
mainly Net result for the year (+€70,574) and Depreciation (+€12,560)
- Tangible fixed assets -€8,317
down €8,317 (-41.5%), from €20,020 to €11,703
of which Furniture and vehicles: -€7,706
- Receivables within one year -€7,071
down €7,071 (-36.2%), from €19,558 to €12,487
of which Trade receivables: -€6,663
- Reserves +€20,829
up €20,829 (+6.7%), from €310,941 to €331,770
- Tax, wage and social debts -€11,929
down €11,929 (-42.6%), from €28,017 to €16,089
- Trade debts -€5,204
down €5,204 (-94.7%), from €5,493 to €289
- Taxes -€8,660
down €8,660 (-36.2%), from €23,911 to €15,251
- Gross operating margin +€3,170
up €3,170 (+3.5%), from €90,057 to €93,226
- Depreciation +€984
up €984 (+8.5%), from €11,575 to €12,560
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.
Cash bridge derived
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 | €367,683 | €370,243 | +€2,560 | +0.7% |
| Fixed assets | 21/28 | €20,020 | €11,703 | -€8,317 | -41.5% |
| Tangible fixed assets | 22/27 | €20,020 | €11,703 | -€8,317 | -41.5% |
| Plant, machinery and equipment | 23 | €1,155 | €544 | -€611 | -52.9% |
| Furniture and vehicles | 24 | €18,864 | €11,159 | -€7,706 | -40.8% |
| Current assets | 29/58 | €347,663 | €358,541 | +€10,877 | +3.1% |
| Amounts receivable within one year | 40/41 | €19,558 | €12,487 | -€7,071 | -36.2% |
| Trade receivables | 40 | €19,151 | €12,487 | -€6,663 | -34.8% |
| Other amounts receivable | 41 | €408 | - | -€408 | |
| Current investments | 50/53 | €277,963 | €287,517 | +€9,554 | +3.4% |
| Cash at bank and in hand | 54/58 | €48,166 | €56,590 | +€8,424 | +17.5% |
| Deferred charges and accrued income | 490/1 | €1,976 | €1,946 | -€29 | -1.5% |
| Total equity and liabilities | 10/49 | €367,683 | €370,243 | +€2,560 | +0.7% |
| Equity | 10/15 | €329,541 | €350,370 | +€20,829 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €310,941 | €331,770 | +€20,829 | +6.7% |
| Distributable reserves | 133 | €310,941 | €331,770 | +€20,829 | +6.7% |
| Amounts payable | 17/49 | €38,142 | €19,873 | -€18,269 | -47.9% |
| Amounts payable within one year | 42/48 | €38,142 | €19,873 | -€18,269 | -47.9% |
| Trade debts | 44 | €5,493 | €289 | -€5,204 | -94.7% |
| Suppliers | 440/4 | €5,493 | €289 | -€5,204 | -94.7% |
| Taxes, remuneration and social security | 45 | €28,017 | €16,089 | -€11,929 | -42.6% |
| Taxes | 450/3 | €28,017 | €16,089 | -€11,929 | -42.6% |
| Other amounts payable | 47/48 | €4,631 | €3,496 | -€1,136 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,575 | €12,560 | +€984 | +8.5% |
| Gross operating margin | 9900 | €90,057 | €93,226 | +€3,170 | +3.5% |
| Operating profit (loss) | 9901 | €78,482 | €80,667 | +€2,185 | +2.8% |
| Financial income | 75/76B | €6,271 | €5,434 | -€837 | -13.3% |
| Recurring financial income | 75 | €6,271 | €5,434 | -€837 | -13.3% |
| Financial charges | 65/66B | €1,139 | €277 | -€862 | -75.7% |
| Recurring financial charges | 65 | €1,139 | €277 | -€862 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €83,614 | €85,825 | +€2,210 | +2.6% |
| Income taxes | 67/77 | €23,911 | €15,251 | -€8,660 | -36.2% |
| Profit (loss) for the period | 9904 | €59,703 | €70,574 | +€10,871 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,703 | €70,574 | +€10,871 | +18.2% |
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 12 October 2026 via checked.be.