DE MEDTS GROUP: 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
DE MEDTS GROUP
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€163,754
2024 · €169,765-€6,011
Equity
€4.6m
2024 · €4.4m+€163,754
Cash
€74,729
2024 · €57,459+€17,270
Balance sheet total
€7.4m
2024 · €7.6m-€128,518
Largest movements
Assets
- Tangible fixed assets -€145,691
down €145,691 (-3.1%), from €4.7m to €4.6m
of which Land and buildings: -€149,762
Equity and liabilities
- Debts after one year -€342,687
down €342,687 (-13.9%), from €2.5m to €2.1m
- Reserves +€163,985
up €163,985 (+10.2%), from €1.6m to €1.8m
of which Tax-exempt reserves: +€119,985
- Tax, wage and social debts +€90,036
up €90,036 (+38.1%), from €236,162 to €326,198
Income statement
- Financial charges +€21,593
up €21,593 (+34.4%), from €62,701 to €84,295
- Services and other goods -€15,604
down €15,604 (-15.6%), from €99,916 to €84,313
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
€169,765
Other operating income
+€1,049
Services and other goods
+€15,604
Depreciation
-€1,443
Other operating charges
-€2,057
Financial income
+€495
Financial charges
-€21,593
Taxes
+€1,934
Result 2025
€163,754
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
+€411,689
Investment
-€15,131
Financing
-€379,287
Cash 2024
€57,459
From operations (derived)
+€411,689
Net result for the year
+€163,754
Depreciation
+€160,818
Receivables within one year
+€9,560
Deferred charges and accrued income
-€9,458
Trade debts
-€31,525
Tax, wage and social debts
+€90,036
Other debts
+€28,504
Investment (derived)
-€15,131
Investment in fixed assets (net)
-€15,131
Financing
-€379,287
Debts after one year
-€342,687
Current portion of long-term debt
-€36,530
Short-term financial debts
-€70
Cash 2025
€74,729
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,571,294 | €7,442,776 | -€128,518 | -1.7% |
| Fixed assets | 21/28 | €7,488,771 | €7,343,084 | -€145,687 | -1.9% |
| Tangible fixed assets | 22/27 | €4,711,013 | €4,565,322 | -€145,691 | -3.1% |
| Land and buildings | 22 | €4,691,827 | €4,542,065 | -€149,762 | -3.2% |
| Plant, machinery and equipment | 23 | €19,186 | €23,257 | +€4,071 | +21.2% |
| Financial fixed assets | 28 | €2,777,758 | €2,777,762 | +€4 | 0.0% |
| Affiliated companies | 280/1 | €2,777,758 | €2,777,762 | +€4 | 0.0% |
| Participating interests | 280 | €2,777,758 | €2,777,762 | +€4 | 0.0% |
| Current assets | 29/58 | €82,523 | €99,692 | +€17,169 | +20.8% |
| Amounts receivable within one year | 40/41 | €20,308 | €10,748 | -€9,560 | -47.1% |
| Trade receivables | 40 | €10,500 | - | -€10,500 | |
| Other amounts receivable | 41 | €9,808 | €10,748 | +€940 | +9.6% |
| Cash at bank and in hand | 54/58 | €57,459 | €74,729 | +€17,270 | +30.1% |
| Deferred charges and accrued income | 490/1 | €4,756 | €14,215 | +€9,458 | +199% |
| Total equity and liabilities | 10/49 | €7,571,294 | €7,442,776 | -€128,518 | -1.7% |
| Equity | 10/15 | €4,405,369 | €4,569,123 | +€163,754 | +3.7% |
| Contributions | 10/11 | €2,790,500 | €2,790,500 | = | 0.0% |
| Capital | 10 | €2,790,500 | €2,790,500 | = | 0.0% |
| Issued capital | 100 | €2,790,500 | €2,790,500 | = | 0.0% |
| Reserves | 13 | €1,613,890 | €1,777,875 | +€163,985 | +10.2% |
| Non-distributable reserves | 130/1 | €85,905 | €88,405 | +€2,500 | +2.9% |
| Legal reserve | 130 | €85,905 | €88,405 | +€2,500 | +2.9% |
| Tax-exempt reserves | 132 | €119,985 | €239,970 | +€119,985 | +100% |
| Distributable reserves | 133 | €1,408,000 | €1,449,500 | +€41,500 | +2.9% |
| Profit (loss) carried forward | 14 | €979 | €748 | -€231 | -23.6% |
| Amounts payable | 17/49 | €3,165,925 | €2,873,653 | -€292,272 | -9.2% |
| Amounts payable after more than one year | 17 | €2,462,908 | €2,120,221 | -€342,687 | -13.9% |
| Financial debts | 170/4 | €2,462,908 | €2,120,221 | -€342,687 | -13.9% |
| Credit institutions | 173 | €2,462,908 | €2,120,221 | -€342,687 | -13.9% |
| Amounts payable within one year | 42/48 | €703,017 | €753,432 | +€50,415 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €370,000 | €333,470 | -€36,530 | -9.9% |
| Financial debts | 43 | €15,213 | €15,143 | -€70 | -0.5% |
| Credit institutions | 430/8 | €15,213 | €15,143 | -€70 | -0.5% |
| Trade debts | 44 | €81,642 | €50,117 | -€31,525 | -38.6% |
| Suppliers | 440/4 | €81,642 | €50,117 | -€31,525 | -38.6% |
| Taxes, remuneration and social security | 45 | €236,162 | €326,198 | +€90,036 | +38.1% |
| Taxes | 450/3 | €236,162 | €326,198 | +€90,036 | +38.1% |
| Other amounts payable | 47/48 | - | €28,504 | +€28,504 | |
| Operating income | 70/76A | €578,840 | €579,889 | +€1,049 | +0.2% |
| Turnover | 70 | €545,400 | €545,400 | = | 0.0% |
| Other operating income | 74 | €33,440 | €34,489 | +€1,049 | +3.1% |
| Operating charges | 60/66A | €293,234 | €281,130 | -€12,104 | -4.1% |
| Services and other goods | 61 | €99,916 | €84,313 | -€15,604 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,375 | €160,818 | +€1,443 | +0.9% |
| Other operating charges | 640/8 | €33,943 | €35,999 | +€2,057 | +6.1% |
| Operating profit (loss) | 9901 | €285,605 | €298,759 | +€13,153 | +4.6% |
| Financial income | 75/76B | €2,049 | €2,544 | +€495 | +24.2% |
| Recurring financial income | 75 | €2,049 | €2,544 | +€495 | +24.2% |
| Income from current assets | 751 | €2,049 | €2,544 | +€495 | +24.2% |
| Financial charges | 65/66B | €62,701 | €84,295 | +€21,593 | +34.4% |
| Recurring financial charges | 65 | €62,701 | €84,295 | +€21,593 | +34.4% |
| Debt charges | 650 | €62,343 | €83,908 | +€21,564 | +34.6% |
| Other financial charges | 652/9 | €358 | €387 | +€29 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €224,953 | €217,008 | -€7,945 | -3.5% |
| Income taxes | 67/77 | €55,188 | €53,254 | -€1,934 | -3.5% |
| Taxes | 670/3 | €55,188 | €53,254 | -€1,934 | -3.5% |
| Profit (loss) for the period | 9904 | €169,765 | €163,754 | -€6,011 | -3.5% |
| Transfer to tax-exempt reserves | 689 | €35,785 | €119,985 | +€84,200 | +235% |
| Profit (loss) for the period to be appropriated | 9905 | €133,980 | €43,769 | -€90,211 | -67.3% |
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 30 October 2026 via checked.be.