B V MEDIC: 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.
B V MEDIC
Largest movements
- Receivables after one year -€356,000
down €356,000 (-73.3%), from €486,000 to €130,000
of which Trade receivables: -€486,000
- Cash +€52,595
up €52,595 (+20.0%), from €263,580 to €316,174
mainly Receivables after one year (+€356,000) and Net result for the year (+€86,836)
- Tangible fixed assets -€13,447
down €13,447 (-29.1%), from €46,282 to €32,835
of which Furniture and vehicles: -€11,966
- Other debts -€226,537
down €226,537 (-60.5%), from €374,246 to €147,709
- Reserves -€56,217
down €56,217 (-19.5%), from €288,961 to €232,744
of which Distributable reserves: -€56,217
- Accrued charges and deferred income -€22,623
down €22,623 (-93.4%), from €24,214 to €1,591
- Tax, wage and social debts -€12,938
down €12,938 (-56.8%), from €22,798 to €9,859
- Financial charges -€22,210
down €22,210 (-90.6%), from €24,521 to €2,311
- Gross operating margin +€17,720
up €17,720 (+15.9%), from €111,757 to €129,477
- Taxes +€7,449
up €7,449 (+32.2%), from €23,166 to €30,615
- Financial income -€5,177
down €5,177 (-56.2%), from €9,206 to €4,029
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 | €875,696 | €558,375 | -€317,321 | -36.2% |
| Fixed assets | 21/28 | €47,201 | €33,754 | -€13,447 | -28.5% |
| Tangible fixed assets | 22/27 | €46,282 | €32,835 | -€13,447 | -29.1% |
| Furniture and vehicles | 24 | €36,199 | €24,233 | -€11,966 | -33.1% |
| Other tangible fixed assets | 26 | €10,083 | €8,602 | -€1,481 | -14.7% |
| Financial fixed assets | 28 | €919 | €919 | = | 0.0% |
| Current assets | 29/58 | €828,495 | €524,622 | -€303,874 | -36.7% |
| Amounts receivable after more than one year | 29 | €486,000 | €130,000 | -€356,000 | -73.3% |
| Trade receivables | 290 | €486,000 | - | -€486,000 | |
| Other amounts receivable | 291 | - | €130,000 | +€130,000 | |
| Amounts receivable within one year | 40/41 | €18,368 | €18,181 | -€187 | -1.0% |
| Other amounts receivable | 41 | €18,368 | €18,181 | -€187 | -1.0% |
| Current investments | 50/53 | €59,728 | €59,728 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €263,580 | €316,174 | +€52,595 | +20.0% |
| Deferred charges and accrued income | 490/1 | €819 | €538 | -€281 | -34.3% |
| Total equity and liabilities | 10/49 | €875,696 | €558,375 | -€317,321 | -36.2% |
| Equity | 10/15 | €437,761 | €381,544 | -€56,217 | -12.8% |
| Contributions | 10/11 | €148,800 | €148,800 | = | 0.0% |
| Reserves | 13 | €288,961 | €232,744 | -€56,217 | -19.5% |
| Tax-exempt reserves | 132 | €6,451 | €6,451 | = | 0.0% |
| Distributable reserves | 133 | €282,510 | €226,293 | -€56,217 | -19.9% |
| Provisions and deferred taxes | 16 | €16,678 | €16,678 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €16,678 | €16,678 | = | 0.0% |
| Pensions and similar obligations | 160 | €16,678 | €16,678 | = | 0.0% |
| Amounts payable | 17/49 | €421,257 | €160,153 | -€261,104 | -62.0% |
| Amounts payable within one year | 42/48 | €397,044 | €158,562 | -€238,481 | -60.1% |
| Trade debts | 44 | - | €994 | +€994 | |
| Suppliers | 440/4 | - | €994 | +€994 | |
| Taxes, remuneration and social security | 45 | €22,798 | €9,859 | -€12,938 | -56.8% |
| Taxes | 450/3 | €22,798 | €9,859 | -€12,938 | -56.8% |
| Other amounts payable | 47/48 | €374,246 | €147,709 | -€226,537 | -60.5% |
| Accrued charges and deferred income | 492/3 | €24,214 | €1,591 | -€22,623 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,476 | €13,447 | -€29 | -0.2% |
| Other operating charges | 640/8 | €252 | €298 | +€45 | +17.9% |
| Gross operating margin | 9900 | €111,757 | €129,477 | +€17,720 | +15.9% |
| Operating profit (loss) | 9901 | €98,029 | €115,733 | +€17,704 | +18.1% |
| Financial income | 75/76B | €9,206 | €4,029 | -€5,177 | -56.2% |
| Recurring financial income | 75 | €9,206 | €4,029 | -€5,177 | -56.2% |
| Financial charges | 65/66B | €24,521 | €2,311 | -€22,210 | -90.6% |
| Recurring financial charges | 65 | €24,521 | €2,311 | -€22,210 | -90.6% |
| Profit (loss) for the period before taxes | 9903 | €82,714 | €117,451 | +€34,737 | +42.0% |
| Income taxes | 67/77 | €23,166 | €30,615 | +€7,449 | +32.2% |
| Profit (loss) for the period | 9904 | €59,547 | €86,836 | +€27,289 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | €59,547 | €86,836 | +€27,289 | +45.8% |
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 17 October 2026 via checked.be.