Certimed: 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.
What changed
Certimed
NACE 86.220, Specialist medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€185,229
2024 · -€122,125+€307,354
Equity
€8.5m
2024 · €8.3m+€185,229
Cash
€418,065
2024 · €275,370+€142,694
Balance sheet total
€10.8m
2024 · €11.0m-€232,806
Largest movements
Assets
- Financial fixed assets -€364,866
down €364,866 (-6.4%), from €5.7m to €5.3m
of which Affiliated companies: -€364,866
- Cash +€142,694
up €142,694 (+51.8%), from €275,370 to €418,065
mainly Depreciation (+€312,786) and Net result for the year (+€185,229)
Equity and liabilities
- Debts after one year -€200,000
down €200,000 (-38.0%), from €526,124 to €326,124
of which Financial debts: -€200,000
- Profit (loss) carried forward +€185,229
up €185,229 (+13.5%), from €1.4m to €1.6m
- Debts within one year -€173,428
down €173,428 (-8.4%), from €2.1m to €1.9m
of which Trade debts: -€93,687
Income statement
- Other operating income +€254,480
up €254,480 (+26.9%), from €945,668 to €1.2m
- Staff costs +€224,011
up €224,011 (+6.8%), from €3.3m to €3.5m
- Turnover +€207,136
up €207,136 (+2.1%), from €9.9m to €10.1m
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.
Result 2024
-€122,125
Turnover
+€207,136
Other operating income
+€254,480
Services and other goods
+€6,245
Staff costs
-€224,011
Depreciation
+€84,356
Other operating charges
-€20,509
Other operating items
+€14,512
Financial income
-€5,006
Financial charges
-€9,850
Result 2025
€185,229
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.
From operations
+€256,312
Investment
+€86,383
Financing
-€200,000
Cash 2024
€275,370
From operations (derived)
+€256,312
Net result for the year
+€185,229
Depreciation
+€312,786
Receivables within one year
-€20,087
Deferred charges and accrued income
-€3,582
Provisions
-€43,986
Debts within one year
-€173,428
Accrued charges and deferred income
-€620
Investment (derived)
+€86,383
Investment in fixed assets (net)
+€86,383
Financing
-€200,000
Debts after one year
-€200,000
Cash 2025
€418,065
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,010,718 | €10,777,912 | -€232,806 | -2.1% |
| Fixed assets | 21/28 | €7,483,392 | €7,084,224 | -€399,169 | -5.3% |
| Intangible fixed assets | 21 | €1,814,055 | €1,781,565 | -€32,490 | -1.8% |
| Tangible fixed assets | 22/27 | €1,812 | - | -€1,812 | |
| Other tangible fixed assets | 26 | €1,812 | - | -€1,812 | |
| Financial fixed assets | 28 | €5,667,525 | €5,302,659 | -€364,866 | -6.4% |
| Affiliated companies | 280/1 | €4,394,235 | €4,029,369 | -€364,866 | -8.3% |
| Participating interests | 280 | €3,229,422 | €3,000,491 | -€228,931 | -7.1% |
| Amounts receivable | 281 | €1,164,813 | €1,028,878 | -€135,935 | -11.7% |
| Companies linked by participating interests | 282/3 | €1,229,000 | €1,229,000 | = | 0.0% |
| Participating interests | 282 | €1,222,000 | €1,222,000 | = | 0.0% |
| Amounts receivable | 283 | €7,000 | €7,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €44,290 | €44,290 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €44,290 | €44,290 | = | 0.0% |
| Current assets | 29/58 | €3,527,325 | €3,693,688 | +€166,363 | +4.7% |
| Amounts receivable within one year | 40/41 | €3,241,799 | €3,261,886 | +€20,087 | +0.6% |
| Trade receivables | 40 | €1,910,073 | €1,582,146 | -€327,927 | -17.2% |
| Other amounts receivable | 41 | €1,331,726 | €1,679,740 | +€348,014 | +26.1% |
| Cash at bank and in hand | 54/58 | €275,370 | €418,065 | +€142,694 | +51.8% |
| Deferred charges and accrued income | 490/1 | €10,156 | €13,738 | +€3,582 | +35.3% |
| Total equity and liabilities | 10/49 | €11,010,718 | €10,777,912 | -€232,806 | -2.1% |
| Equity | 10/15 | €8,319,004 | €8,504,233 | +€185,229 | +2.2% |
| Contributions | 10/11 | €6,924,915 | €6,924,915 | = | 0.0% |
| Capital | 10 | €6,924,915 | €6,924,915 | = | 0.0% |
| Reserves | 13 | €17,275 | €17,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,376,814 | €1,562,043 | +€185,229 | +13.5% |
| Provisions and deferred taxes | 16 | €78,854 | €34,868 | -€43,986 | -55.8% |
| Provisions for liabilities and charges | 160/5 | €78,854 | €34,868 | -€43,986 | -55.8% |
| Other liabilities and charges | 164/5 | €78,854 | €34,868 | -€43,986 | -55.8% |
| Amounts payable | 17/49 | €2,612,859 | €2,238,810 | -€374,049 | -14.3% |
| Amounts payable after more than one year | 17 | €526,124 | €326,124 | -€200,000 | -38.0% |
| Financial debts | 170/4 | €500,000 | €300,000 | -€200,000 | -40.0% |
| Credit institutions | 173 | - | €300,000 | +€300,000 | |
| Other loans | 174 | €500,000 | €0 | -€500,000 | -100.0% |
| Other amounts payable | 178/9 | €26,124 | €26,124 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,063,829 | €1,890,401 | -€173,428 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €200,000 | = | 0.0% |
| Trade debts | 44 | €928,164 | €834,477 | -€93,687 | -10.1% |
| Suppliers | 440/4 | €928,164 | €834,477 | -€93,687 | -10.1% |
| Taxes, remuneration and social security | 45 | €426,222 | €466,936 | +€40,715 | +9.6% |
| Taxes | 450/3 | €59,309 | €50,183 | -€9,126 | -15.4% |
| Remuneration and social security | 454/9 | €366,913 | €416,753 | +€49,840 | +13.6% |
| Accrued charges and deferred income | 492/3 | €22,906 | €22,286 | -€620 | -2.7% |
| Operating income | 70/76A | €10,872,166 | €11,359,336 | +€487,171 | +4.5% |
| Turnover | 70 | €9,907,133 | €10,114,269 | +€207,136 | +2.1% |
| Other operating income | 74 | €945,668 | €1,200,148 | +€254,480 | +26.9% |
| Non-recurring operating income | 76A | €19,364 | €44,919 | +€25,555 | +132.0% |
| Operating charges | 60/66A | €10,816,602 | €10,981,563 | +€164,961 | +1.5% |
| Services and other goods | 61 | €7,065,447 | €7,059,201 | -€6,245 | -0.1% |
| Remuneration, social security and pensions | 62 | €3,295,005 | €3,519,015 | +€224,011 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397,142 | €312,786 | -€84,356 | -21.2% |
| Other operating charges | 640/8 | €59,336 | €79,845 | +€20,509 | +34.6% |
| Non-recurring operating charges | 66A | - | €10,716 | +€10,716 | |
| Operating profit (loss) | 9901 | €55,563 | €377,773 | +€322,210 | +579.9% |
| Financial income | 75/76B | €60,476 | €55,471 | -€5,006 | -8.3% |
| Recurring financial income | 75 | €60,476 | €55,471 | -€5,006 | -8.3% |
| Income from financial fixed assets | 750 | €44,803 | €39,973 | -€4,830 | -10.8% |
| Income from current assets | 751 | €15,653 | €15,391 | -€262 | -1.7% |
| Other financial income | 752/9 | €20 | €107 | +€86 | +427.5% |
| Financial charges | 65/66B | €238,165 | €248,015 | +€9,850 | +4.1% |
| Recurring financial charges | 65 | €19,735 | €17,401 | -€2,334 | -11.8% |
| Debt charges | 650 | €15,838 | €12,836 | -€3,002 | -19.0% |
| Other financial charges | 652/9 | €3,897 | €4,565 | +€668 | +17.1% |
| Non-recurring financial charges | 66B | €218,429 | €230,614 | +€12,184 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | -€122,125 | €185,229 | +€307,354 | |
| Profit (loss) for the period | 9904 | -€122,125 | €185,229 | +€307,354 | |
| Profit (loss) for the period to be appropriated | 9905 | -€122,125 | €185,229 | +€307,354 |
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 5 October 2026 via checked.be.