Mediahuis continued to make progress in executing its long‑term strategy in 2025, focused on digital growth, sustainable value creation and operational efficiency. Despite a challenging market environment marked by far‑reaching changes in the sector, rising costs and structural pressure on advertising revenues, the group managed to maintain its operating result.

Consolidated revenue amounted to €1.258 billion, representing a 2% increase compared to 2024. Subscription price adjustments and further efficiency gains helped offset the continued pressure on advertising revenues and the sharply increased distribution costs, which in Belgium nearly tripled compared to 2023. As a result, operating profit remained broadly stable at €151.8 million, despite the impact of inflation on fixed costs and generally challenging market conditions.

Within its print activities, Mediahuis continued to align capacity with declining print volumes, leading to the closure of the presses in Amsterdam. The majority of production was transferred to Mediahuis facilities in Leeuwarden (the Netherlands) and Paal‑Beringen (Belgium).

The group’s net result was positively impacted by one‑off realised gains from the sale of assets, in particular the divestment of its 49% stake in the Dutch company Automotive MediaVentions (AMV). As a result of these divestments, combined with a strong operating cash flow and a limited level of investments, the net debt position improved from year‑end 2024 to a net cash position of €84.4 million at the end of 2025.

Continued digital growth

The number of digital subscriptions increased by 8% in 2025, allowing Mediahuis to surpass the milestone of 1 million digital subscribers for the first time. Today, nearly 60% of all Mediahuis subscribers choose a fully or predominantly digital subscription. The total number of digital and print subscribers stands at close to 1.8 million.

Gert Ysebaert, CEO Mediahuis group: “At a time when independent journalism is under pressure on multiple fronts, Mediahuis continues to deliver strong and stable results as a European media group. This gives us the confidence and the headroom to continue our transformation successfully and to fulfil our societal role within local communities. With a sharp focus and continuous innovation and, above all, thanks to the dedication of all our people, we are building the future of our strong journalism and strong brands every day.”

Marketplaces: strengthening position in comparison and real estate segments

The Marketplaces activities also delivered solid results. In the Netherlands, Mediahuis acquired DGN Group, known for comparison platforms ZorgKiezer, EnergieKiezer and DeGoedkoopsteNotaris. With this acquisition, Mediahuis strengthens its position in the online comparison market, a domain where consumers increasingly seek independent guidance for important financial decisions.

In Belgium, Zimmo expanded its real estate offering through the acquisition of proptech scale‑up Smooved. At the same time, Mediahuis sold its 49% stake in AMV (Autotrack and Gaspedaal.nl) and exited its minority participation in HR‑tech scale‑up Alleo following its acquisition by Epassi.

Radio performs strongly in the Netherlands and Belgium

In the Netherlands, Mediahuis Radio achieved the fastest growth of all radio groups, with its market share in the 20–59 age group increasing by 24% to 11.9%. In Belgium, Nostalgie and Nostalgie Plus maintained stable market shares of 4.4% and 1.5% respectively in the 12+ target group.

Kristiaan De Beukelaer, CFO Mediahuis group: “Thanks to a clear and disciplined operational focus and a proactive investment and divestment strategy, Mediahuis today has a very strong balance sheet. This financial position gives us the scope to further support our international growth, accelerate our digital transformation and confidently address the technological challenges ahead.”