CHIRURGICAL MAINTENANCE: 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.
What changed
CHIRURGICAL MAINTENANCE
NACE 32.500, Manufacture of medical and dental instruments and supplies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€291,999
2024 · €304,826-€12,826
Equity
€778,402
2024 · €739,275+€39,127
Cash
€52,649
2024 · €45,424+€7,225
Balance sheet total
€2.7m
2024 · €2.6m+€93,230
Largest movements
Assets
- Receivables within one year +€145,900
up €145,900 (+8.8%), from €1.7m to €1.8m
of which Trade receivables: +€92,993
- Stocks and contracts -€76,531
down €76,531 (-15.3%), from €501,701 to €425,170
Equity and liabilities
- Short-term financial debts +€60,542
up €60,542 (+8.1%), from €750,493 to €811,035
- Profit (loss) carried forward +€41,999
up €41,999 (+7.3%), from €575,473 to €617,472
- Other debts -€30,000
down €30,000 (-10.7%), from €280,000 to €250,000
Income statement
- Staff costs +€56,460
up €56,460 (+4.4%), from €1.3m to €1.3m
- Gross operating margin +€33,358
up €33,358 (+1.9%), from €1.7m to €1.8m
- Financial charges -€17,776
down €17,776 (-21.4%), from €83,106 to €65,330
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
€304,826
Gross operating margin
+€33,358
Staff costs
-€56,460
Depreciation
-€10,942
Other operating charges
-€3,914
Financial income
+€8,753
Financial charges
+€17,776
Taxes
-€1,396
Result 2025
€291,999
raises the resultlowers the result
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.
From operations
+€287,850
Investment
-€70,043
Financing
-€210,582
Cash 2024
€45,424
From operations (derived)
+€287,850
Net result for the year
+€291,999
Depreciation
+€55,566
Stocks and contracts
+€76,531
Receivables within one year
-€145,900
Deferred charges and accrued income
-€2,160
Trade debts
+€23,430
Tax, wage and social debts
+€18,383
Other debts
-€30,000
Investment (derived)
-€70,043
Investment in fixed assets (net)
-€70,043
Financing
-€210,582
Debts after one year
-€19,794
Current portion of long-term debt
+€1,543
Short-term financial debts
+€60,542
Contributions, distributions and other
-€252,873
Cash 2025
€52,649
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,569,378 | €2,662,608 | +€93,230 | +3.6% |
| Fixed assets | 21/28 | €354,762 | €369,238 | +€14,477 | +4.1% |
| Tangible fixed assets | 22/27 | €354,725 | €366,701 | +€11,977 | +3.4% |
| Land and buildings | 22 | €61,830 | €50,373 | -€11,457 | -18.5% |
| Plant, machinery and equipment | 23 | €12,133 | €9,533 | -€2,600 | -21.4% |
| Furniture and vehicles | 24 | €39,762 | €84,295 | +€44,533 | +112% |
| Other tangible fixed assets | 26 | €241,000 | €222,500 | -€18,500 | -7.7% |
| Financial fixed assets | 28 | €37 | €2,537 | +€2,500 | +6,724% |
| Current assets | 29/58 | €2,214,616 | €2,293,370 | +€78,754 | +3.6% |
| Stocks and contracts in progress | 3 | €501,701 | €425,170 | -€76,531 | -15.3% |
| Stocks | 30/36 | €501,701 | €425,170 | -€76,531 | -15.3% |
| Amounts receivable within one year | 40/41 | €1,655,134 | €1,801,033 | +€145,900 | +8.8% |
| Trade receivables | 40 | €955,319 | €1,048,311 | +€92,993 | +9.7% |
| Other amounts receivable | 41 | €699,815 | €752,722 | +€52,907 | +7.6% |
| Cash at bank and in hand | 54/58 | €45,424 | €52,649 | +€7,225 | +15.9% |
| Deferred charges and accrued income | 490/1 | €12,357 | €14,517 | +€2,160 | +17.5% |
| Total equity and liabilities | 10/49 | €2,569,378 | €2,662,608 | +€93,230 | +3.6% |
| Equity | 10/15 | €739,275 | €778,402 | +€39,127 | +5.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €107,788 | €107,788 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €49,678 | €49,678 | = | 0.0% |
| Profit (loss) carried forward | 14 | €575,473 | €617,472 | +€41,999 | +7.3% |
| Investment grants | 15 | €37,423 | €34,550 | -€2,873 | -7.7% |
| Amounts payable | 17/49 | €1,830,102 | €1,884,206 | +€54,104 | +3.0% |
| Amounts payable after more than one year | 17 | €122,007 | €102,214 | -€19,794 | -16.2% |
| Financial debts | 170/4 | €122,007 | €102,214 | -€19,794 | -16.2% |
| Amounts payable within one year | 42/48 | €1,708,095 | €1,781,993 | +€73,897 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €53,784 | €55,327 | +€1,543 | +2.9% |
| Financial debts | 43 | €750,493 | €811,035 | +€60,542 | +8.1% |
| Credit institutions | 430/8 | €750,493 | €811,035 | +€60,542 | +8.1% |
| Trade debts | 44 | €327,462 | €350,892 | +€23,430 | +7.2% |
| Suppliers | 440/4 | €327,462 | €350,892 | +€23,430 | +7.2% |
| Taxes, remuneration and social security | 45 | €296,356 | €314,738 | +€18,383 | +6.2% |
| Taxes | 450/3 | €83,352 | €107,350 | +€23,997 | +28.8% |
| Remuneration and social security | 454/9 | €213,003 | €207,389 | -€5,615 | -2.6% |
| Other amounts payable | 47/48 | €280,000 | €250,000 | -€30,000 | -10.7% |
| Remuneration, social security and pensions | 62 | €1,279,147 | €1,335,607 | +€56,460 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,624 | €55,566 | +€10,942 | +24.5% |
| Other operating charges | 640/8 | €16,917 | €20,830 | +€3,914 | +23.1% |
| Gross operating margin | 9900 | €1,741,916 | €1,775,274 | +€33,358 | +1.9% |
| Operating profit (loss) | 9901 | €401,229 | €363,270 | -€37,958 | -9.5% |
| Financial income | 75/76B | €4,761 | €13,513 | +€8,753 | +184% |
| Recurring financial income | 75 | €4,761 | €5,715 | +€954 | +20.0% |
| Non-recurring financial income | 76B | €0 | €7,798 | +€7,798 | |
| Financial charges | 65/66B | €83,106 | €65,330 | -€17,776 | -21.4% |
| Recurring financial charges | 65 | €83,106 | €65,330 | -€17,776 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €322,883 | €311,454 | -€11,430 | -3.5% |
| Income taxes | 67/77 | €18,058 | €19,454 | +€1,396 | +7.7% |
| Profit (loss) for the period | 9904 | €304,826 | €291,999 | -€12,826 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €304,826 | €291,999 | -€12,826 | -4.2% |
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 31 October 2026 via checked.be.