BEL AUSTRA MED: 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.
BEL AUSTRA MED
Largest movements
- Receivables within one year -€297,556
down €297,556 (-91.0%), from €327,051 to €29,495
of which Other amounts receivable: -€292,487
- Receivables after one year -€25,399
no longer reported in 2025 (was €25,399)
- Tangible fixed assets -€14,688
down €14,688 (-5.6%), from €263,494 to €248,806
of which Land and buildings: -€12,004
- Cash -€10,932
down €10,932 (-37.8%), from €28,942 to €18,010
mainly Contributions, distributions and other (-€159,498) and Debts after one year (-€78,547)
- Reserves -€147,498
down €147,498 (-45.9%), from €321,609 to €174,111
- Debts after one year -€78,547
down €78,547 (-81.8%), from €95,971 to €17,424
- Other debts -€67,475
down €67,475 (-86.5%), from €78,032 to €10,557
- Provisions -€45,000
no longer reported in 2025 (was €45,000)
- Current portion of long-term debt -€13,916
down €13,916 (-21.3%), from €65,359 to €51,443
- Financial charges +€40,112
up €40,112 (+58.9%), from €68,063 to €108,175
- Taxes -€14,410
down €14,410 (-72.9%), from €19,774 to €5,364
- Gross operating margin -€11,767
down €11,767 (-6.9%), from €171,179 to €159,412
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 | €647,738 | €297,043 | -€350,695 | -54.1% |
| Fixed assets | 21/28 | €263,543 | €248,855 | -€14,688 | -5.6% |
| Tangible fixed assets | 22/27 | €263,494 | €248,806 | -€14,688 | -5.6% |
| Land and buildings | 22 | €255,141 | €243,137 | -€12,004 | -4.7% |
| Plant, machinery and equipment | 23 | €1,819 | €1,212 | -€607 | -33.4% |
| Furniture and vehicles | 24 | €6,533 | €4,456 | -€2,077 | -31.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €384,195 | €48,188 | -€336,007 | -87.5% |
| Amounts receivable after more than one year | 29 | €25,399 | - | -€25,399 | |
| Other amounts receivable | 291 | €25,399 | - | -€25,399 | |
| Amounts receivable within one year | 40/41 | €327,051 | €29,495 | -€297,556 | -91.0% |
| Trade receivables | 40 | €29,877 | €24,808 | -€5,069 | -17.0% |
| Other amounts receivable | 41 | €297,174 | €4,688 | -€292,487 | -98.4% |
| Cash at bank and in hand | 54/58 | €28,942 | €18,010 | -€10,932 | -37.8% |
| Deferred charges and accrued income | 490/1 | €2,802 | €682 | -€2,120 | -75.7% |
| Total equity and liabilities | 10/49 | €647,738 | €297,043 | -€350,695 | -54.1% |
| Equity | 10/15 | €358,360 | €210,865 | -€147,495 | -41.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,609 | €174,111 | -€147,498 | -45.9% |
| Distributable reserves | 133 | €321,609 | €174,111 | -€147,498 | -45.9% |
| Profit (loss) carried forward | 14 | €18,151 | €18,154 | +€4 | 0.0% |
| Provisions and deferred taxes | 16 | €45,000 | - | -€45,000 | |
| Provisions for liabilities and charges | 160/5 | €45,000 | - | -€45,000 | |
| Pensions and similar obligations | 160 | €45,000 | - | -€45,000 | |
| Amounts payable | 17/49 | €244,378 | €86,178 | -€158,200 | -64.7% |
| Amounts payable after more than one year | 17 | €95,971 | €17,424 | -€78,547 | -81.8% |
| Financial debts | 170/4 | €95,971 | €17,424 | -€78,547 | -81.8% |
| Amounts payable within one year | 42/48 | €148,408 | €64,230 | -€84,178 | -56.7% |
| Current portion of amounts payable after more than one year | 42 | €65,359 | €51,443 | -€13,916 | -21.3% |
| Trade debts | 44 | €280 | €2,230 | +€1,950 | +697% |
| Suppliers | 440/4 | €280 | €2,230 | +€1,950 | +697% |
| Taxes, remuneration and social security | 45 | €4,736 | - | -€4,736 | |
| Taxes | 450/3 | €4,736 | - | -€4,736 | |
| Other amounts payable | 47/48 | €78,032 | €10,557 | -€67,475 | -86.5% |
| Accrued charges and deferred income | 492/3 | - | €4,524 | +€4,524 | |
| Non-recurring operating income | 76A | - | €19,601 | +€19,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,657 | €29,128 | +€471 | +1.6% |
| Other operating charges | 640/8 | €4,769 | €4,912 | +€143 | +3.0% |
| Gross operating margin | 9900 | €171,179 | €159,412 | -€11,767 | -6.9% |
| Operating profit (loss) | 9901 | €137,753 | €125,372 | -€12,381 | -9.0% |
| Financial income | 75/76B | €142 | €170 | +€28 | +19.6% |
| Recurring financial income | 75 | €142 | €170 | +€28 | +19.6% |
| Financial charges | 65/66B | €68,063 | €108,175 | +€40,112 | +58.9% |
| Recurring financial charges | 65 | €68,063 | €108,175 | +€40,112 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | €69,832 | €17,367 | -€52,465 | -75.1% |
| Income taxes | 67/77 | €19,774 | €5,364 | -€14,410 | -72.9% |
| Profit (loss) for the period | 9904 | €50,058 | €12,004 | -€38,055 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,058 | €12,004 | -€38,055 | -76.0% |
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 28 October 2026 via checked.be.