FBMedical: 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.
FBMedical
Largest movements
- Current investments +€70,000
new in 2025: €70,000
- Cash -€27,570
down €27,570 (-20.9%), from €131,945 to €104,374
mainly Contributions, distributions and other (-€338,094) and Current investments (-€70,000)
- Receivables within one year +€19,962
up €19,962 (+14.7%), from €135,554 to €155,517
of which Trade receivables: +€21,162
- Tangible fixed assets +€10,812
up €10,812 (+76.0%), from €14,220 to €25,031
of which Furniture and vehicles: +€11,801
- Other debts +€204,577
up €204,577 (+153%), from €133,547 to €338,124
- Profit (loss) carried forward -€91,020
no longer reported in 2025 (was €91,020)
- Current portion of long-term debt -€50,151
no longer reported in 2025 (was €50,151)
- Tax, wage and social debts +€5,986
up €5,986 (+51.3%), from €11,670 to €17,656
of which Taxes: +€5,986
- Gross operating margin +€51,992
up €51,992 (+18.7%), from €278,701 to €330,693
- Taxes +€11,498
up €11,498 (+17.7%), from €65,003 to €76,501
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 | €288,958 | €359,105 | +€70,147 | +24.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €14,220 | €25,031 | +€10,812 | +76.0% |
| Tangible fixed assets | 22/27 | €14,220 | €25,031 | +€10,812 | +76.0% |
| Furniture and vehicles | 24 | €3,387 | €15,188 | +€11,801 | +348% |
| Other tangible fixed assets | 26 | €10,832 | €9,843 | -€989 | -9.1% |
| Current assets | 29/58 | €274,738 | €334,074 | +€59,336 | +21.6% |
| Amounts receivable within one year | 40/41 | €135,554 | €155,517 | +€19,962 | +14.7% |
| Trade receivables | 40 | €134,354 | €155,517 | +€21,162 | +15.8% |
| Other amounts receivable | 41 | €1,200 | - | -€1,200 | |
| Current investments | 50/53 | - | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €131,945 | €104,374 | -€27,570 | -20.9% |
| Deferred charges and accrued income | 490/1 | €7,239 | €4,183 | -€3,056 | -42.2% |
| Total equity and liabilities | 10/49 | €288,958 | €359,105 | +€70,147 | +24.3% |
| Equity | 10/15 | €93,020 | €2,000 | -€91,020 | -97.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,020 | - | -€91,020 | |
| Amounts payable | 17/49 | €195,938 | €357,105 | +€161,168 | +82.3% |
| Amounts payable within one year | 42/48 | €195,932 | €357,105 | +€161,174 | +82.3% |
| Current portion of amounts payable after more than one year | 42 | €50,151 | - | -€50,151 | |
| Trade debts | 44 | €563 | €1,325 | +€762 | +135% |
| Suppliers | 440/4 | €563 | €1,325 | +€762 | +135% |
| Taxes, remuneration and social security | 45 | €11,670 | €17,656 | +€5,986 | +51.3% |
| Taxes | 450/3 | €8,820 | €14,806 | +€5,986 | +67.9% |
| Remuneration and social security | 454/9 | €2,850 | €2,850 | = | 0.0% |
| Other amounts payable | 47/48 | €133,547 | €338,124 | +€204,577 | +153% |
| Accrued charges and deferred income | 492/3 | €6 | - | -€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,769 | €4,422 | +€1,653 | +59.7% |
| Other operating charges | 640/8 | €517 | €1,022 | +€505 | +97.7% |
| Gross operating margin | 9900 | €278,701 | €330,693 | +€51,992 | +18.7% |
| Operating profit (loss) | 9901 | €275,415 | €325,249 | +€49,834 | +18.1% |
| Financial income | 75/76B | €0 | €526 | +€526 | +5,260,100% |
| Recurring financial income | 75 | €0 | €526 | +€526 | +5,260,100% |
| Financial charges | 65/66B | €1,743 | €2,200 | +€457 | +26.2% |
| Recurring financial charges | 65 | €1,743 | €2,200 | +€457 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | €273,671 | €323,575 | +€49,904 | +18.2% |
| Income taxes | 67/77 | €65,003 | €76,501 | +€11,498 | +17.7% |
| Profit (loss) for the period | 9904 | €208,668 | €247,074 | +€38,406 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €208,668 | €247,074 | +€38,406 | +18.4% |
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 23 October 2026 via checked.be.