Blase 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.
Blase Medic
Largest movements
- Tangible fixed assets -€9,830
down €9,830 (-20.1%), from €48,980 to €39,150
of which Furniture and vehicles: -€10,404
- Current investments +€6,052
up €6,052 (+86.4%), from €7,007 to €13,059
- Deferred charges and accrued income -€5,972
down €5,972 (-93.2%), from €6,405 to €433
- Receivables within one year +€3,730
up €3,730 (+26.9%), from €13,874 to €17,603
of which Other amounts receivable: +€3,161
- Cash +€3,184
up €3,184 (+3.3%), from €96,786 to €99,970
mainly Other debts (+€56,350) and Net result for the year (+€34,427)
- Other debts +€56,350
up €56,350 (+180%), from €31,250 to €87,600
- Profit (loss) carried forward -€53,173
down €53,173 (-99.9%), from €53,244 to €70
- Debts after one year -€9,926
down €9,926 (-30.3%), from €32,722 to €22,796
- Tax, wage and social debts +€3,300
new in 2025: €3,300
- Gross operating margin +€9,600
up €9,600 (+19.0%), from €50,562 to €60,161
- Taxes +€2,856
up €2,856 (+35.0%), from €8,156 to €11,012
- Financial charges -€2,049
down €2,049 (-55.6%), from €3,685 to €1,636
- Depreciation +€1,396
up €1,396 (+12.1%), from €11,511 to €12,907
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 | €173,052 | €170,216 | -€2,836 | -1.6% |
| Fixed assets | 21/28 | €48,980 | €39,150 | -€9,830 | -20.1% |
| Tangible fixed assets | 22/27 | €48,980 | €39,150 | -€9,830 | -20.1% |
| Plant, machinery and equipment | 23 | €270 | €0 | -€270 | -100% |
| Furniture and vehicles | 24 | €48,710 | €38,306 | -€10,404 | -21.4% |
| Other tangible fixed assets | 26 | - | €844 | +€844 | |
| Current assets | 29/58 | €124,072 | €131,066 | +€6,994 | +5.6% |
| Amounts receivable within one year | 40/41 | €13,874 | €17,603 | +€3,730 | +26.9% |
| Trade receivables | 40 | - | €569 | +€569 | |
| Other amounts receivable | 41 | €13,874 | €17,035 | +€3,161 | +22.8% |
| Current investments | 50/53 | €7,007 | €13,059 | +€6,052 | +86.4% |
| Cash at bank and in hand | 54/58 | €96,786 | €99,970 | +€3,184 | +3.3% |
| Deferred charges and accrued income | 490/1 | €6,405 | €433 | -€5,972 | -93.2% |
| Total equity and liabilities | 10/49 | €173,052 | €170,216 | -€2,836 | -1.6% |
| Equity | 10/15 | €98,244 | €45,070 | -€53,173 | -54.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,000 | €42,000 | = | 0.0% |
| Distributable reserves | 133 | €42,000 | €42,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,244 | €70 | -€53,173 | -99.9% |
| Amounts payable | 17/49 | €74,808 | €125,146 | +€50,337 | +67.3% |
| Amounts payable after more than one year | 17 | €32,722 | €22,796 | -€9,926 | -30.3% |
| Financial debts | 170/4 | €32,722 | €22,796 | -€9,926 | -30.3% |
| Amounts payable within one year | 42/48 | €42,075 | €101,375 | +€59,300 | +141% |
| Current portion of amounts payable after more than one year | 42 | €9,568 | €9,926 | +€358 | +3.7% |
| Trade debts | 44 | €815 | €549 | -€266 | -32.6% |
| Suppliers | 440/4 | €815 | €549 | -€266 | -32.6% |
| Advances received on contracts in progress | 46 | €442 | €0 | -€442 | -100% |
| Taxes, remuneration and social security | 45 | - | €3,300 | +€3,300 | |
| Taxes | 450/3 | - | €3,300 | +€3,300 | |
| Other amounts payable | 47/48 | €31,250 | €87,600 | +€56,350 | +180% |
| Accrued charges and deferred income | 492/3 | €12 | €974 | +€962 | +8,034% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,511 | €12,907 | +€1,396 | +12.1% |
| Other operating charges | 640/8 | €49 | €400 | +€351 | +720% |
| Gross operating margin | 9900 | €50,562 | €60,161 | +€9,600 | +19.0% |
| Operating profit (loss) | 9901 | €39,002 | €46,855 | +€7,853 | +20.1% |
| Financial income | 75/76B | €758 | €220 | -€538 | -70.9% |
| Recurring financial income | 75 | €758 | €220 | -€538 | -70.9% |
| Financial charges | 65/66B | €3,685 | €1,636 | -€2,049 | -55.6% |
| Recurring financial charges | 65 | €3,685 | €1,636 | -€2,049 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | €36,075 | €45,439 | +€9,364 | +26.0% |
| Income taxes | 67/77 | €8,156 | €11,012 | +€2,856 | +35.0% |
| Profit (loss) for the period | 9904 | €27,919 | €34,427 | +€6,508 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,919 | €34,427 | +€6,508 | +23.3% |
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 13 October 2026 via checked.be.