ZionMedia: 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.
ZionMedia
Largest movements
- Current investments +€58,618
up €58,618 (+21.6%), from €271,075 to €329,693
- Tangible fixed assets -€10,731
down €10,731 (-24.6%), from €43,711 to €32,980
of which Furniture and vehicles: -€10,431
- Receivables within one year -€9,693
down €9,693 (-44.0%), from €22,043 to €12,350
of which Trade receivables: -€13,466
- Intangible fixed assets -€6,866
down €6,866 (-69.8%), from €9,841 to €2,974
- Reserves +€32,500
up €32,500 (+13.9%), from €233,098 to €265,598
of which Distributable reserves: +€32,500
- Gross operating margin -€22,259
down €22,259 (-13.6%), from €164,203 to €141,944
- Taxes -€9,767
down €9,767 (-28.3%), from €34,471 to €24,704
- Staff costs +€6,349
up €6,349 (+19.9%), from €31,963 to €38,312
- Depreciation +€4,568
up €4,568 (+35.1%), from €13,029 to €17,597
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 | €390,644 | €423,654 | +€33,010 | +8.5% |
| Fixed assets | 21/28 | €54,551 | €36,954 | -€17,597 | -32.3% |
| Intangible fixed assets | 21 | €9,841 | €2,974 | -€6,866 | -69.8% |
| Tangible fixed assets | 22/27 | €43,711 | €32,980 | -€10,731 | -24.6% |
| Plant, machinery and equipment | 23 | €300 | - | -€300 | |
| Furniture and vehicles | 24 | €43,410 | €32,980 | -€10,431 | -24.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €336,092 | €386,700 | +€50,607 | +15.1% |
| Amounts receivable within one year | 40/41 | €22,043 | €12,350 | -€9,693 | -44.0% |
| Trade receivables | 40 | €21,622 | €8,155 | -€13,466 | -62.3% |
| Other amounts receivable | 41 | €422 | €4,195 | +€3,773 | +895% |
| Current investments | 50/53 | €271,075 | €329,693 | +€58,618 | +21.6% |
| Cash at bank and in hand | 54/58 | €40,531 | €41,817 | +€1,286 | +3.2% |
| Deferred charges and accrued income | 490/1 | €2,443 | €2,840 | +€397 | +16.2% |
| Total equity and liabilities | 10/49 | €390,644 | €423,654 | +€33,010 | +8.5% |
| Equity | 10/15 | €330,004 | €362,606 | +€32,602 | +9.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €233,098 | €265,598 | +€32,500 | +13.9% |
| Tax-exempt reserves | 132 | €2,098 | €2,098 | = | 0.0% |
| Distributable reserves | 133 | €231,000 | €263,500 | +€32,500 | +14.1% |
| Profit (loss) carried forward | 14 | €84,406 | €84,508 | +€102 | +0.1% |
| Amounts payable | 17/49 | €60,640 | €61,047 | +€408 | +0.7% |
| Amounts payable within one year | 42/48 | €60,640 | €61,047 | +€408 | +0.7% |
| Financial debts | 43 | €1,230 | €615 | -€615 | -50.0% |
| Credit institutions | 430/8 | €1,230 | €615 | -€615 | -50.0% |
| Trade debts | 44 | €9,710 | €8,612 | -€1,098 | -11.3% |
| Suppliers | 440/4 | €9,710 | €8,612 | -€1,098 | -11.3% |
| Taxes, remuneration and social security | 45 | €7,662 | €10,420 | +€2,759 | +36.0% |
| Taxes | 450/3 | €5,972 | €5,491 | -€481 | -8.0% |
| Remuneration and social security | 454/9 | €1,689 | €4,929 | +€3,239 | +192% |
| Other amounts payable | 47/48 | €42,039 | €41,400 | -€638 | -1.5% |
| Remuneration, social security and pensions | 62 | €31,963 | €38,312 | +€6,349 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,029 | €17,597 | +€4,568 | +35.1% |
| Other operating charges | 640/8 | €1,097 | €1,224 | +€127 | +11.6% |
| Gross operating margin | 9900 | €164,203 | €141,944 | -€22,259 | -13.6% |
| Operating profit (loss) | 9901 | €118,115 | €84,811 | -€33,304 | -28.2% |
| Financial income | 75/76B | €1,108 | €1,662 | +€554 | +50.0% |
| Recurring financial income | 75 | €1,108 | €1,662 | +€554 | +50.0% |
| Financial charges | 65/66B | €933 | €1,168 | +€234 | +25.1% |
| Recurring financial charges | 65 | €933 | €1,168 | +€234 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €118,289 | €85,306 | -€32,984 | -27.9% |
| Income taxes | 67/77 | €34,471 | €24,704 | -€9,767 | -28.3% |
| Profit (loss) for the period | 9904 | €83,819 | €60,602 | -€23,217 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,819 | €60,602 | -€23,217 | -27.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.