TITLE MEDIA: what changed
Two fiscal 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.
TITLE MEDIA
Largest movements
- Receivables within one year -€95,385
down €95,385 (-62.7%), from €152,076 to €56,691
of which Other amounts receivable: -€74,853
- Cash +€93,341
up €93,341 (+67.6%), from €138,069 to €231,410
mainly Receivables within one year (+€95,385) and Deferred charges and accrued income (+€59,695)
- Current investments +€82,338
up €82,338 (+7.3%), from €1.1m to €1.2m
- Deferred charges and accrued income -€59,695
down €59,695 (-85.7%), from €69,696 to €10,001
- Profit (loss) carried forward +€56,675
up €56,675 (+4.3%), from €1.3m to €1.4m
- Accrued charges and deferred income -€22,460
down €22,460 (-99.7%), from €22,524 to €64
- Trade debts -€18,527
down €18,527 (-90.2%), from €20,541 to €2,015
- Financial income -€42,332
down €42,332 (-57.0%), from €74,261 to €31,929
of which Non-recurring financial income: -€36,588
- Financial charges -€26,227
down €26,227 (-89.7%), from €29,247 to €3,020
of which Non-recurring financial charges: -€26,022
- Gross operating margin +€16,202
up €16,202 (+31.9%), from €50,755 to €66,956
- Taxes +€8,029
up €8,029 (+54.4%), from €14,755 to €22,784
- Depreciation +€4,979
up €4,979 (+2008.0%), from €248 to €5,227
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 | €1,503,455 | €1,518,826 | +€15,371 | +1.0% |
| Fixed assets | 21/28 | €12,253 | €7,026 | -€5,227 | -42.7% |
| Intangible fixed assets | 21 | €5,000 | €0 | -€5,000 | -100.0% |
| Tangible fixed assets | 22/27 | €7,253 | €7,026 | -€227 | -3.1% |
| Furniture and vehicles | 24 | €1,253 | €1,026 | -€227 | -18.1% |
| Other tangible fixed assets | 26 | €6,000 | €6,000 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,491,202 | €1,511,800 | +€20,598 | +1.4% |
| Amounts receivable within one year | 40/41 | €152,076 | €56,691 | -€95,385 | -62.7% |
| Trade receivables | 40 | €30,466 | €9,934 | -€20,532 | -67.4% |
| Other amounts receivable | 41 | €121,610 | €46,756 | -€74,853 | -61.6% |
| Current investments | 50/53 | €1,131,361 | €1,213,699 | +€82,338 | +7.3% |
| Cash at bank and in hand | 54/58 | €138,069 | €231,410 | +€93,341 | +67.6% |
| Deferred charges and accrued income | 490/1 | €69,696 | €10,001 | -€59,695 | -85.7% |
| Total equity and liabilities | 10/49 | €1,503,455 | €1,518,826 | +€15,371 | +1.0% |
| Equity | 10/15 | €1,456,137 | €1,512,812 | +€56,675 | +3.9% |
| Contributions | 10/11 | €124,260 | €124,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,331,877 | €1,388,552 | +€56,675 | +4.3% |
| Amounts payable | 17/49 | €47,317 | €6,013 | -€41,304 | -87.3% |
| Amounts payable within one year | 42/48 | €24,793 | €5,949 | -€18,844 | -76.0% |
| Trade debts | 44 | €20,541 | €2,015 | -€18,527 | -90.2% |
| Suppliers | 440/4 | €20,541 | €2,015 | -€18,527 | -90.2% |
| Taxes, remuneration and social security | 45 | €4,252 | €3,935 | -€317 | -7.5% |
| Taxes | 450/3 | €4,252 | €3,935 | -€317 | -7.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €22,524 | €64 | -€22,460 | -99.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €248 | €5,227 | +€4,979 | +2008.0% |
| Other operating charges | 640/8 | €0 | - | = | |
| Non-recurring operating charges | 66A | - | €11,179 | +€11,179 | |
| Gross operating margin | 9900 | €50,755 | €66,956 | +€16,202 | +31.9% |
| Operating profit (loss) | 9901 | €50,507 | €50,550 | +€44 | +0.1% |
| Financial income | 75/76B | €74,261 | €31,929 | -€42,332 | -57.0% |
| Recurring financial income | 75 | €37,673 | €31,929 | -€5,744 | -15.2% |
| Non-recurring financial income | 76B | €36,588 | €0 | -€36,588 | -100.0% |
| Financial charges | 65/66B | €29,247 | €3,020 | -€26,227 | -89.7% |
| Recurring financial charges | 65 | €3,225 | €3,020 | -€206 | -6.4% |
| Non-recurring financial charges | 66B | €26,022 | €0 | -€26,022 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €95,521 | €79,459 | -€16,061 | -16.8% |
| Income taxes | 67/77 | €14,755 | €22,784 | +€8,029 | +54.4% |
| Profit (loss) for the period | 9904 | €80,766 | €56,675 | -€24,090 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,766 | €56,675 | -€24,090 | -29.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.