C-MEDI-T: what changed
Two fiscal 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.
C-MEDI-T
Largest movements
- Current investments +€39,995
new in 2025: €39,995
- Cash -€25,924
down €25,924 (-18.0%), from €143,850 to €117,925
mainly Current investments (-€39,995) and Deferred charges and accrued income (-€25,734)
- Deferred charges and accrued income +€25,734
up €25,734 (+440.4%), from €5,844 to €31,578
- Receivables within one year -€7,216
down €7,216 (-86.0%), from €8,395 to €1,179
- Tangible fixed assets -€6,169
down €6,169 (-9.6%), from €64,230 to €58,062
of which Land and buildings: -€4,148
- Reserves +€23,019
up €23,019 (+15.7%), from €146,718 to €169,737
of which Distributable reserves: +€23,019
- Tax, wage and social debts +€3,041
up €3,041 (+45.2%), from €6,729 to €9,771
- Gross operating margin +€27,335
up €27,335 (+29.8%), from €91,592 to €118,927
- Staff costs +€19,315
up €19,315 (+72.4%), from €26,667 to €45,981
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 | €222,318 | €248,739 | +€26,420 | +11.9% |
| Fixed assets | 21/28 | €64,230 | €58,062 | -€6,169 | -9.6% |
| Tangible fixed assets | 22/27 | €64,230 | €58,062 | -€6,169 | -9.6% |
| Land and buildings | 22 | €59,839 | €55,691 | -€4,148 | -6.9% |
| Plant, machinery and equipment | 23 | €573 | €369 | -€204 | -35.6% |
| Furniture and vehicles | 24 | €3,818 | €2,002 | -€1,816 | -47.6% |
| Current assets | 29/58 | €158,088 | €190,677 | +€32,589 | +20.6% |
| Amounts receivable within one year | 40/41 | €8,395 | €1,179 | -€7,216 | -86.0% |
| Other amounts receivable | 41 | €8,395 | €1,179 | -€7,216 | -86.0% |
| Current investments | 50/53 | - | €39,995 | +€39,995 | |
| Cash at bank and in hand | 54/58 | €143,850 | €117,925 | -€25,924 | -18.0% |
| Deferred charges and accrued income | 490/1 | €5,844 | €31,578 | +€25,734 | +440.4% |
| Total equity and liabilities | 10/49 | €222,318 | €248,739 | +€26,420 | +11.9% |
| Equity | 10/15 | €165,318 | €188,337 | +€23,019 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,718 | €169,737 | +€23,019 | +15.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €144,858 | €167,877 | +€23,019 | +15.9% |
| Amounts payable | 17/49 | €57,000 | €60,402 | +€3,402 | +6.0% |
| Amounts payable within one year | 42/48 | €57,000 | €60,044 | +€3,044 | +5.3% |
| Trade debts | 44 | €5,036 | €5,214 | +€178 | +3.5% |
| Suppliers | 440/4 | €5,036 | €5,214 | +€178 | +3.5% |
| Taxes, remuneration and social security | 45 | €6,729 | €9,771 | +€3,041 | +45.2% |
| Remuneration and social security | 454/9 | €6,729 | €9,771 | +€3,041 | +45.2% |
| Other amounts payable | 47/48 | €45,234 | €45,059 | -€176 | -0.4% |
| Accrued charges and deferred income | 492/3 | - | €358 | +€358 | |
| Remuneration, social security and pensions | 62 | €26,667 | €45,981 | +€19,315 | +72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,869 | €6,169 | +€300 | +5.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €91,592 | €118,927 | +€27,335 | +29.8% |
| Operating profit (loss) | 9901 | €58,669 | €66,377 | +€7,709 | +13.1% |
| Financial income | 75/76B | €3 | €34 | +€31 | +1041.0% |
| Recurring financial income | 75 | €3 | €34 | +€31 | +1041.0% |
| Financial charges | 65/66B | €201 | €201 | -€0 | -0.2% |
| Recurring financial charges | 65 | €201 | €201 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €58,471 | €66,211 | +€7,740 | +13.2% |
| Income taxes | 67/77 | €19,419 | €19,402 | -€17 | -0.1% |
| Profit (loss) for the period | 9904 | €39,052 | €46,810 | +€7,757 | +19.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,052 | €46,810 | +€7,757 | +19.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.