Endomed: 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.
Endomed
Largest movements
- Tangible fixed assets -€3,245
down €3,245 (-24.3%), from €13,342 to €10,096
- Cash -€2,791
down €2,791 (-32.7%), from €8,537 to €5,747
mainly Net result for the year (-€14,495) and Investment in fixed assets (net) (-€5,356)
- Profit (loss) carried forward -€14,495
down €14,495, from €11,682 to -€2,813
- Other debts +€9,647
up €9,647 (+852%), from €1,133 to €10,780
- Trade debts -€1,341
no longer reported in 2025 (was €1,341)
- Gross operating margin -€31,661
down €31,661, from €26,246 to -€5,415
- Taxes -€4,570
down €4,570 (-96.8%), from €4,723 to €153
- Depreciation -€557
down €557 (-6.1%), from €9,158 to €8,601
- Other operating charges -€339
down €339 (-58.1%), from €584 to €244
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 | €21,879 | €15,843 | -€6,036 | -27.6% |
| Fixed assets | 21/28 | €13,342 | €10,096 | -€3,245 | -24.3% |
| Tangible fixed assets | 22/27 | €13,342 | €10,096 | -€3,245 | -24.3% |
| Furniture and vehicles | 24 | €13,342 | €10,096 | -€3,245 | -24.3% |
| Current assets | 29/58 | €8,537 | €5,747 | -€2,791 | -32.7% |
| Cash at bank and in hand | 54/58 | €8,537 | €5,747 | -€2,791 | -32.7% |
| Total equity and liabilities | 10/49 | €21,879 | €15,843 | -€6,036 | -27.6% |
| Equity | 10/15 | €14,682 | €187 | -€14,495 | -98.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,682 | -€2,813 | -€14,495 | |
| Amounts payable | 17/49 | €7,196 | €15,656 | +€8,459 | +118% |
| Amounts payable within one year | 42/48 | €7,196 | €15,656 | +€8,459 | +118% |
| Trade debts | 44 | €1,341 | - | -€1,341 | |
| Suppliers | 440/4 | €1,341 | - | -€1,341 | |
| Taxes, remuneration and social security | 45 | €4,723 | €4,876 | +€153 | +3.2% |
| Taxes | 450/3 | €4,723 | €4,876 | +€153 | +3.2% |
| Other amounts payable | 47/48 | €1,133 | €10,780 | +€9,647 | +852% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,158 | €8,601 | -€557 | -6.1% |
| Other operating charges | 640/8 | €584 | €244 | -€339 | -58.1% |
| Gross operating margin | 9900 | €26,246 | -€5,415 | -€31,661 | |
| Operating profit (loss) | 9901 | €16,504 | -€14,260 | -€30,764 | |
| Financial charges | 65/66B | €98 | €82 | -€16 | -16.7% |
| Recurring financial charges | 65 | €98 | €82 | -€16 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €16,405 | -€14,342 | -€30,747 | |
| Income taxes | 67/77 | €4,723 | €153 | -€4,570 | -96.8% |
| Profit (loss) for the period | 9904 | €11,682 | -€14,495 | -€26,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,682 | -€14,495 | -€26,177 |
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 17 October 2026 via checked.be.