CDMedGen: 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.
CDMedGen
Largest movements
- Tangible fixed assets +€47,171
up €47,171 (+18922.0%), from €249 to €47,420
- Cash +€36,686
up €36,686 (+29.5%), from €124,426 to €161,112
mainly Net result for the year (+€67,472) and Debts after one year (+€28,852)
- Deferred charges and accrued income +€26,963
up €26,963 (+53.4%), from €50,493 to €77,455
- Profit (loss) carried forward +€67,472
up €67,472 (+37.0%), from €182,258 to €249,730
- Debts after one year +€28,852
new in 2025: €28,852
- Current portion of long-term debt +€9,581
new in 2025: €9,581
- Tax, wage and social debts +€7,814
up €7,814 (+189.7%), from €4,119 to €11,934
- Gross operating margin +€17,526
up €17,526 (+23.4%), from €74,842 to €92,368
- Taxes +€7,759
up €7,759 (+49.7%), from €15,597 to €23,357
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 | €191,838 | €304,978 | +€113,140 | +59.0% |
| Fixed assets | 21/28 | €249 | €47,420 | +€47,171 | +18922.0% |
| Tangible fixed assets | 22/27 | €249 | €47,420 | +€47,171 | +18922.0% |
| Furniture and vehicles | 24 | €249 | €47,420 | +€47,171 | +18922.0% |
| Current assets | 29/58 | €191,588 | €257,558 | +€65,970 | +34.4% |
| Amounts receivable within one year | 40/41 | €16,670 | €18,991 | +€2,321 | +13.9% |
| Trade receivables | 40 | €2,600 | - | -€2,600 | |
| Other amounts receivable | 41 | €14,070 | €18,991 | +€4,921 | +35.0% |
| Cash at bank and in hand | 54/58 | €124,426 | €161,112 | +€36,686 | +29.5% |
| Deferred charges and accrued income | 490/1 | €50,493 | €77,455 | +€26,963 | +53.4% |
| Total equity and liabilities | 10/49 | €191,838 | €304,978 | +€113,140 | +59.0% |
| Equity | 10/15 | €185,258 | €252,730 | +€67,472 | +36.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,258 | €249,730 | +€67,472 | +37.0% |
| Amounts payable | 17/49 | €6,579 | €52,248 | +€45,669 | +694.1% |
| Amounts payable after more than one year | 17 | - | €28,852 | +€28,852 | |
| Financial debts | 170/4 | - | €28,852 | +€28,852 | |
| Amounts payable within one year | 42/48 | €6,579 | €23,396 | +€16,817 | +255.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,581 | +€9,581 | |
| Trade debts | 44 | €2,460 | €1,882 | -€578 | -23.5% |
| Suppliers | 440/4 | €2,460 | €1,882 | -€578 | -23.5% |
| Taxes, remuneration and social security | 45 | €4,119 | €11,934 | +€7,814 | +189.7% |
| Taxes | 450/3 | €4,119 | €11,934 | +€7,814 | +189.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,474 | €1,231 | -€244 | -16.5% |
| Other operating charges | 640/8 | €564 | €582 | +€18 | +3.3% |
| Gross operating margin | 9900 | €74,842 | €92,368 | +€17,526 | +23.4% |
| Operating profit (loss) | 9901 | €72,804 | €90,555 | +€17,751 | +24.4% |
| Financial income | 75/76B | €560 | €859 | +€299 | +53.3% |
| Recurring financial income | 75 | €560 | €859 | +€299 | +53.3% |
| Financial charges | 65/66B | €135 | €585 | +€451 | +334.6% |
| Recurring financial charges | 65 | €135 | €585 | +€451 | +334.6% |
| Profit (loss) for the period before taxes | 9903 | €73,229 | €90,828 | +€17,599 | +24.0% |
| Income taxes | 67/77 | €15,597 | €23,357 | +€7,759 | +49.7% |
| Profit (loss) for the period | 9904 | €57,632 | €67,472 | +€9,840 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,632 | €67,472 | +€9,840 | +17.1% |
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.