CINEY - 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.
CINEY - MEDIC
Largest movements
- Tangible fixed assets -€7,930
down €7,930 (-59.3%), from €13,375 to €5,445
of which Land and buildings: -€12,648
- Cash -€2,494
down €2,494 (-26.2%), from €9,513 to €7,019
mainly Net result for the year (-€5,787) and Current portion of long-term debt (-€5,254)
- Profit (loss) carried forward -€5,787
down €5,787 (-46.9%), from -€12,338 to -€18,124
- Current portion of long-term debt -€5,254
no longer reported in 2025 (was €5,254)
- Trade debts +€623
up €623 (+594%), from €105 to €727
- Gross operating margin -€2,656
down €2,656 (-41.4%), from €6,415 to €3,759
- Depreciation -€849
down €849 (-9.7%), from €8,779 to €7,930
- Other operating charges +€781
up €781 (+428%), from €183 to €964
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,978 | €14,558 | -€10,420 | -41.7% |
| Fixed assets | 21/28 | €13,375 | €5,445 | -€7,930 | -59.3% |
| Tangible fixed assets | 22/27 | €13,375 | €5,445 | -€7,930 | -59.3% |
| Land and buildings | 22 | €13,375 | €727 | -€12,648 | -94.6% |
| Furniture and vehicles | 24 | - | €4,718 | +€4,718 | |
| Current assets | 29/58 | €11,603 | €9,113 | -€2,490 | -21.5% |
| Cash at bank and in hand | 54/58 | €9,513 | €7,019 | -€2,494 | -26.2% |
| Deferred charges and accrued income | 490/1 | €2,090 | €2,094 | +€3 | +0.2% |
| Total equity and liabilities | 10/49 | €24,978 | €14,558 | -€10,420 | -41.7% |
| Equity | 10/15 | €19,468 | €13,681 | -€5,787 | -29.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €11,346 | €11,346 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,814 | €10,814 | = | 0.0% |
| Distributable reserves | 133 | €532 | €532 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,338 | -€18,124 | -€5,787 | -46.9% |
| Amounts payable | 17/49 | €5,510 | €877 | -€4,634 | -84.1% |
| Amounts payable within one year | 42/48 | €5,510 | €877 | -€4,634 | -84.1% |
| Current portion of amounts payable after more than one year | 42 | €5,254 | - | -€5,254 | |
| Trade debts | 44 | €105 | €727 | +€623 | +594% |
| Suppliers | 440/4 | €105 | €727 | +€623 | +594% |
| Taxes, remuneration and social security | 45 | €152 | €149 | -€3 | -1.8% |
| Taxes | 450/3 | €152 | €149 | -€3 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,779 | €7,930 | -€849 | -9.7% |
| Other operating charges | 640/8 | €183 | €964 | +€781 | +428% |
| Gross operating margin | 9900 | €6,415 | €3,759 | -€2,656 | -41.4% |
| Operating profit (loss) | 9901 | -€2,547 | -€5,135 | -€2,588 | -102% |
| Financial charges | 65/66B | €552 | €502 | -€50 | -9.0% |
| Recurring financial charges | 65 | €552 | €502 | -€50 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,099 | -€5,637 | -€2,538 | -81.9% |
| Income taxes | 67/77 | €152 | €149 | -€3 | -1.8% |
| Profit (loss) for the period | 9904 | -€3,251 | -€5,787 | -€2,535 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,251 | -€5,787 | -€2,535 | -78.0% |
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 21 October 2026 via checked.be.