DS MEDIC: 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.
DS MEDIC
Largest movements
- Current investments +€459,020
up €459,020 (+235.4%), from €194,980 to €654,000
- Cash -€336,768
down €336,768 (-62.8%), from €536,451 to €199,683
mainly Current investments (-€459,020) and Tax, wage and social debts (-€12,374)
- Tangible fixed assets -€20,523
down €20,523 (-29.6%), from €69,248 to €48,725
- Reserves +€122,778
up €122,778 (+16.0%), from €769,478 to €892,256
- Tax, wage and social debts -€12,374
down €12,374 (-58.6%), from €21,104 to €8,730
- Gross operating margin -€96,641
down €96,641 (-33.2%), from €291,313 to €194,672
- Taxes -€30,482
down €30,482 (-33.5%), from €90,935 to €60,452
- Financial income +€11,958
up €11,958 (+4058.6%), from €295 to €12,252
- Depreciation +€8,019
up €8,019 (+64.1%), from €12,504 to €20,523
- Financial charges +€5,153
up €5,153, from -€4,808 to €344
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €811,834 | €909,799 | +€97,965 | +12.1% |
| Fixed assets | 21/28 | €69,248 | €48,725 | -€20,523 | -29.6% |
| Tangible fixed assets | 22/27 | €69,248 | €48,725 | -€20,523 | -29.6% |
| Furniture and vehicles | 24 | €69,248 | €48,725 | -€20,523 | -29.6% |
| Current assets | 29/58 | €742,586 | €861,075 | +€118,488 | +16.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Current investments | 50/53 | €194,980 | €654,000 | +€459,020 | +235.4% |
| Cash at bank and in hand | 54/58 | €536,451 | €199,683 | -€336,768 | -62.8% |
| Deferred charges and accrued income | 490/1 | €11,156 | €7,392 | -€3,764 | -33.7% |
| Total equity and liabilities | 10/49 | €811,834 | €909,799 | +€97,965 | +12.1% |
| Equity | 10/15 | €769,479 | €892,257 | +€122,778 | +16.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €769,478 | €892,256 | +€122,778 | +16.0% |
| Distributable reserves | 133 | €769,478 | €892,256 | +€122,778 | +16.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €42,355 | €17,543 | -€24,813 | -58.6% |
| Amounts payable after more than one year | 17 | €7,160 | €257 | -€6,903 | -96.4% |
| Financial debts | 170/4 | €7,095 | - | -€7,095 | |
| Other amounts payable | 178/9 | €65 | €257 | +€193 | +296.6% |
| Amounts payable within one year | 42/48 | €34,807 | €17,285 | -€17,522 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €8,322 | €7,095 | -€1,227 | -14.7% |
| Trade debts | 44 | €3,921 | - | -€3,921 | |
| Suppliers | 440/4 | €3,921 | - | -€3,921 | |
| Taxes, remuneration and social security | 45 | €21,104 | €8,730 | -€12,374 | -58.6% |
| Taxes | 450/3 | €21,104 | €8,730 | -€12,374 | -58.6% |
| Other amounts payable | 47/48 | €1,460 | €1,460 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €388 | - | -€388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,504 | €20,523 | +€8,019 | +64.1% |
| Other operating charges | 640/8 | €1,377 | €1,108 | -€269 | -19.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €291,313 | €194,672 | -€96,641 | -33.2% |
| Operating profit (loss) | 9901 | €277,432 | €173,040 | -€104,391 | -37.6% |
| Financial income | 75/76B | €295 | €12,252 | +€11,958 | +4058.6% |
| Recurring financial income | 75 | €295 | €12,252 | +€11,958 | +4058.6% |
| Financial charges | 65/66B | -€4,808 | €344 | +€5,153 | |
| Recurring financial charges | 65 | -€4,808 | €344 | +€5,153 | |
| Profit (loss) for the period before taxes | 9903 | €282,535 | €184,948 | -€97,587 | -34.5% |
| Income taxes | 67/77 | €90,935 | €60,452 | -€30,482 | -33.5% |
| Profit (loss) for the period | 9904 | €191,600 | €124,496 | -€67,104 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €191,600 | €124,496 | -€67,104 | -35.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.