DS MED: 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.
DS MED
Largest movements
- Cash +€37,866
up €37,866 (+285%), from €13,277 to €51,143
mainly Net result for the year (+€48,295) and Depreciation (+€2,440)
- Deferred charges and accrued income +€4,907
up €4,907 (+92.9%), from €5,280 to €10,187
- Tangible fixed assets -€2,440
down €2,440 (-36.4%), from €6,707 to €4,267
- Receivables within one year -€2,381
down €2,381 (-100%), from €2,381 to €0
- Profit (loss) carried forward +€48,295
up €48,295 (+402%), from €12,018 to €60,313
- Other debts -€6,314
down €6,314 (-85.6%), from €7,373 to €1,059
- Tax, wage and social debts -€3,471
down €3,471 (-78.1%), from €4,446 to €975
of which Remuneration and social security: -€2,029
- Gross operating margin +€45,016
up €45,016 (+233%), from €19,283 to €64,299
- Taxes +€9,758
up €9,758 (+303%), from €3,217 to €12,975
- Depreciation -€1,220
down €1,220 (-33.3%), from €3,660 to €2,440
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 | €27,896 | €65,847 | +€37,952 | +136% |
| Fixed assets | 21/28 | €6,957 | €4,517 | -€2,440 | -35.1% |
| Tangible fixed assets | 22/27 | €6,707 | €4,267 | -€2,440 | -36.4% |
| Furniture and vehicles | 24 | €6,707 | €4,267 | -€2,440 | -36.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €20,939 | €61,330 | +€40,391 | +193% |
| Amounts receivable within one year | 40/41 | €2,381 | €0 | -€2,381 | -100% |
| Trade receivables | 40 | €2,381 | €0 | -€2,381 | -100% |
| Cash at bank and in hand | 54/58 | €13,277 | €51,143 | +€37,866 | +285% |
| Deferred charges and accrued income | 490/1 | €5,280 | €10,187 | +€4,907 | +92.9% |
| Total equity and liabilities | 10/49 | €27,896 | €65,847 | +€37,952 | +136% |
| Equity | 10/15 | €15,518 | €63,813 | +€48,295 | +311% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,018 | €60,313 | +€48,295 | +402% |
| Amounts payable | 17/49 | €12,378 | €2,034 | -€10,344 | -83.6% |
| Amounts payable within one year | 42/48 | €12,378 | €2,034 | -€10,344 | -83.6% |
| Trade debts | 44 | €559 | €0 | -€559 | -100% |
| Suppliers | 440/4 | €559 | €0 | -€559 | -100% |
| Taxes, remuneration and social security | 45 | €4,446 | €975 | -€3,471 | -78.1% |
| Taxes | 450/3 | €2,417 | €975 | -€1,442 | -59.7% |
| Remuneration and social security | 454/9 | €2,029 | €0 | -€2,029 | -100% |
| Other amounts payable | 47/48 | €7,373 | €1,059 | -€6,314 | -85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,660 | €2,440 | -€1,220 | -33.3% |
| Other operating charges | 640/8 | €76 | €286 | +€210 | +278% |
| Gross operating margin | 9900 | €19,283 | €64,299 | +€45,016 | +233% |
| Operating profit (loss) | 9901 | €15,547 | €61,574 | +€46,027 | +296% |
| Financial charges | 65/66B | €312 | €303 | -€9 | -3.0% |
| Recurring financial charges | 65 | €312 | €303 | -€9 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €15,235 | €61,270 | +€46,036 | +302% |
| Income taxes | 67/77 | €3,217 | €12,975 | +€9,758 | +303% |
| Profit (loss) for the period | 9904 | €12,018 | €48,295 | +€36,278 | +302% |
| Profit (loss) for the period to be appropriated | 9905 | €12,018 | €48,295 | +€36,278 | +302% |
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 13 October 2026 via checked.be.