WESTKUSTMEDIA: 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.
WESTKUSTMEDIA
Largest movements
- Receivables within one year -€63,511
down €63,511 (-23.7%), from €267,507 to €203,996
of which Trade receivables: -€41,573
- Tangible fixed assets -€12,562
down €12,562 (-31.7%), from €39,659 to €27,097
of which Leasing and similar rights: -€8,923
- Cash +€5,361
up €5,361 (+108%), from €4,955 to €10,315
mainly Receivables within one year (+€63,511) and Net result for the year (+€23,599)
- Trade debts -€28,897
down €28,897 (-32.2%), from €89,647 to €60,750
- Short-term financial debts -€25,000
down €25,000 (-100%), from €25,000 to €0
- Tax, wage and social debts -€18,553
down €18,553 (-25.9%), from €71,568 to €53,015
of which Taxes: -€20,004
- Reserves +€11,099
up €11,099 (+13.5%), from €82,329 to €93,428
of which Distributable reserves: +€11,099
- Debts after one year -€9,224
down €9,224 (-43.1%), from €21,381 to €12,158
- Staff costs +€25,644
up €25,644 (+26.3%), from €97,647 to €123,291
- Gross operating margin -€19,483
down €19,483 (-10.3%), from €188,347 to €168,864
- Taxes -€13,331
down €13,331 (-56.7%), from €23,526 to €10,195
- Other operating charges -€2,486
down €2,486 (-45.3%), from €5,492 to €3,006
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 | €317,325 | €247,174 | -€70,151 | -22.1% |
| Fixed assets | 21/28 | €42,659 | €30,097 | -€12,562 | -29.4% |
| Tangible fixed assets | 22/27 | €39,659 | €27,097 | -€12,562 | -31.7% |
| Plant, machinery and equipment | 23 | €2,398 | €1,188 | -€1,211 | -50.5% |
| Furniture and vehicles | 24 | €7,680 | €5,252 | -€2,428 | -31.6% |
| Leasing and similar rights | 25 | €29,581 | €20,658 | -€8,923 | -30.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €274,665 | €217,077 | -€57,589 | -21.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €267,507 | €203,996 | -€63,511 | -23.7% |
| Trade receivables | 40 | €148,364 | €106,791 | -€41,573 | -28.0% |
| Other amounts receivable | 41 | €119,143 | €97,204 | -€21,938 | -18.4% |
| Cash at bank and in hand | 54/58 | €4,955 | €10,315 | +€5,361 | +108% |
| Deferred charges and accrued income | 490/1 | €2,204 | €2,766 | +€562 | +25.5% |
| Total equity and liabilities | 10/49 | €317,325 | €247,174 | -€70,151 | -22.1% |
| Equity | 10/15 | €100,929 | €112,028 | +€11,099 | +11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,329 | €93,428 | +€11,099 | +13.5% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €77,329 | €88,428 | +€11,099 | +14.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €216,396 | €135,146 | -€81,249 | -37.5% |
| Amounts payable after more than one year | 17 | €21,381 | €12,158 | -€9,224 | -43.1% |
| Financial debts | 170/4 | €21,381 | €12,158 | -€9,224 | -43.1% |
| Amounts payable within one year | 42/48 | €195,014 | €122,989 | -€72,026 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €8,799 | €9,224 | +€424 | +4.8% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100% |
| Other loans | 439 | €25,000 | €0 | -€25,000 | -100% |
| Trade debts | 44 | €89,647 | €60,750 | -€28,897 | -32.2% |
| Suppliers | 440/4 | €89,647 | €60,750 | -€28,897 | -32.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €71,568 | €53,015 | -€18,553 | -25.9% |
| Taxes | 450/3 | €48,495 | €28,491 | -€20,004 | -41.2% |
| Remuneration and social security | 454/9 | €23,073 | €24,524 | +€1,450 | +6.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €97,647 | €123,291 | +€25,644 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,309 | €12,562 | -€747 | -5.6% |
| Other operating charges | 640/8 | €5,492 | €3,006 | -€2,486 | -45.3% |
| Gross operating margin | 9900 | €188,347 | €168,864 | -€19,483 | -10.3% |
| Operating profit (loss) | 9901 | €71,899 | €30,005 | -€41,894 | -58.3% |
| Financial income | 75/76B | €5,580 | €6,379 | +€799 | +14.3% |
| Recurring financial income | 75 | €5,580 | €6,379 | +€799 | +14.3% |
| Financial charges | 65/66B | €3,083 | €2,590 | -€493 | -16.0% |
| Recurring financial charges | 65 | €3,083 | €2,590 | -€493 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €74,396 | €33,794 | -€40,602 | -54.6% |
| Income taxes | 67/77 | €23,526 | €10,195 | -€13,331 | -56.7% |
| Profit (loss) for the period | 9904 | €50,870 | €23,599 | -€27,271 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,870 | €23,599 | -€27,271 | -53.6% |
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 19 October 2026 via checked.be.