BOUDA 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.
BOUDA MEDIC
Largest movements
- Cash +€96,687
up €96,687 (+79.9%), from €120,952 to €217,639
mainly Net result for the year (+€148,467) and Other debts (+€126,493)
- Receivables within one year +€17,784
up €17,784 (+59.9%), from €29,671 to €47,454
of which Trade receivables: +€16,806
- Other debts +€126,493
up €126,493 (+366.3%), from €34,532 to €161,025
- Profit (loss) carried forward -€40,974
no longer reported in 2025 (was €40,974)
- Tax, wage and social debts +€26,037
up €26,037 (+77.1%), from €33,758 to €59,795
- Current portion of long-term debt +€4,260
up €4,260 (+55.8%), from €7,632 to €11,892
- Debts after one year -€3,855
down €3,855 (-79.9%), from €4,824 to €969
- Gross operating margin +€83,378
up €83,378 (+65.7%), from €126,909 to €210,287
- Taxes +€20,717
up €20,717 (+63.3%), from €32,722 to €53,439
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.
Cash bridge derived
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 | €160,821 | €273,968 | +€113,146 | +70.4% |
| Fixed assets | 21/28 | €10,198 | €8,874 | -€1,324 | -13.0% |
| Tangible fixed assets | 22/27 | €10,198 | €8,874 | -€1,324 | -13.0% |
| Furniture and vehicles | 24 | €10,198 | €8,874 | -€1,324 | -13.0% |
| Current assets | 29/58 | €150,623 | €265,094 | +€114,471 | +76.0% |
| Amounts receivable within one year | 40/41 | €29,671 | €47,454 | +€17,784 | +59.9% |
| Trade receivables | 40 | €27,392 | €44,198 | +€16,806 | +61.4% |
| Other amounts receivable | 41 | €2,278 | €3,256 | +€978 | +42.9% |
| Cash at bank and in hand | 54/58 | €120,952 | €217,639 | +€96,687 | +79.9% |
| Total equity and liabilities | 10/49 | €160,821 | €273,968 | +€113,146 | +70.4% |
| Equity | 10/15 | €78,467 | €37,493 | -€40,974 | -52.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,893 | €18,893 | = | 0.0% |
| Distributable reserves | 133 | €18,893 | €18,893 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,974 | - | -€40,974 | |
| Amounts payable | 17/49 | €82,354 | €236,475 | +€154,121 | +187.1% |
| Amounts payable after more than one year | 17 | €4,824 | €969 | -€3,855 | -79.9% |
| Financial debts | 170/4 | €4,824 | €969 | -€3,855 | -79.9% |
| Amounts payable within one year | 42/48 | €77,531 | €235,506 | +€157,975 | +203.8% |
| Current portion of amounts payable after more than one year | 42 | €7,632 | €11,892 | +€4,260 | +55.8% |
| Trade debts | 44 | €1,609 | €2,795 | +€1,185 | +73.7% |
| Suppliers | 440/4 | €1,609 | €2,795 | +€1,185 | +73.7% |
| Taxes, remuneration and social security | 45 | €33,758 | €59,795 | +€26,037 | +77.1% |
| Taxes | 450/3 | €33,758 | €59,795 | +€26,037 | +77.1% |
| Other amounts payable | 47/48 | €34,532 | €161,025 | +€126,493 | +366.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,816 | €5,022 | +€205 | +4.3% |
| Other operating charges | 640/8 | €2,512 | €3,532 | +€1,021 | +40.6% |
| Gross operating margin | 9900 | €126,909 | €210,287 | +€83,378 | +65.7% |
| Operating profit (loss) | 9901 | €119,581 | €201,732 | +€82,152 | +68.7% |
| Financial income | 75/76B | €348 | €702 | +€354 | +101.7% |
| Recurring financial income | 75 | €348 | €702 | +€354 | +101.7% |
| Financial charges | 65/66B | €251 | €528 | +€278 | +110.7% |
| Recurring financial charges | 65 | €251 | €528 | +€278 | +110.7% |
| Profit (loss) for the period before taxes | 9903 | €119,678 | €201,906 | +€82,228 | +68.7% |
| Income taxes | 67/77 | €32,722 | €53,439 | +€20,717 | +63.3% |
| Profit (loss) for the period | 9904 | €86,956 | €148,467 | +€61,511 | +70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,956 | €148,467 | +€61,511 | +70.7% |
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 9 October 2026 via checked.be.