FCM 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.
FCM MEDIC
Largest movements
- Tangible fixed assets -€23,391
down €23,391 (-54.1%), from €43,232 to €19,841
- Stocks and contracts -€18,018
no longer reported in 2025 (was €18,018)
- Receivables within one year -€4,285
down €4,285 (-40.7%), from €10,535 to €6,250
of which Trade receivables: -€7,084
- Cash +€1,324
up €1,324 (+93.2%), from €1,421 to €2,745
mainly Other debts (+€39,168) and Tax, wage and social debts (+€23,253)
- Deferred charges and accrued income -€1,252
no longer reported in 2025 (was €1,252)
- Profit (loss) carried forward -€89,541
down €89,541 (-197.8%), from -€45,267 to -€134,809
- Other debts +€39,168
up €39,168 (+155.2%), from €25,233 to €64,401
- Trade debts -€31,998
down €31,998 (-97.4%), from €32,850 to €851
- Tax, wage and social debts +€23,253
up €23,253 (+151.8%), from €15,320 to €38,573
of which Remuneration and social security: +€23,215
- Current portion of long-term debt +€10,627
up €10,627 (+793.5%), from €1,339 to €11,966
- Gross operating margin -€31,452
down €31,452 (-85.6%), from €36,753 to €5,301
- Staff costs +€6,915
up €6,915 (+12.0%), from €57,687 to €64,602
- Depreciation -€3,877
down €3,877 (-41.7%), from €9,302 to €5,425
- Financial charges +€1,930
up €1,930 (+40.6%), from €4,756 to €6,687
of which Financial charges: +€966
- Other operating charges +€1,878
up €1,878 (+89.2%), from €2,106 to €3,984
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 | €74,664 | €29,046 | -€45,618 | -61.1% |
| Fixed assets | 21/28 | €43,437 | €20,051 | -€23,386 | -53.8% |
| Tangible fixed assets | 22/27 | €43,232 | €19,841 | -€23,391 | -54.1% |
| Plant, machinery and equipment | 23 | €43,232 | €19,841 | -€23,391 | -54.1% |
| Financial fixed assets | 28 | €205 | €210 | +€5 | +2.4% |
| Current assets | 29/58 | €31,226 | €8,994 | -€22,232 | -71.2% |
| Stocks and contracts in progress | 3 | €18,018 | - | -€18,018 | |
| Stocks | 30/36 | €18,018 | - | -€18,018 | |
| Amounts receivable within one year | 40/41 | €10,535 | €6,250 | -€4,285 | -40.7% |
| Trade receivables | 40 | €9,989 | €2,905 | -€7,084 | -70.9% |
| Other amounts receivable | 41 | €546 | €3,345 | +€2,799 | +512.7% |
| Cash at bank and in hand | 54/58 | €1,421 | €2,745 | +€1,324 | +93.2% |
| Deferred charges and accrued income | 490/1 | €1,252 | - | -€1,252 | |
| Total equity and liabilities | 10/49 | €74,664 | €29,046 | -€45,618 | -61.1% |
| Equity | 10/15 | -€43,267 | -€132,809 | -€89,541 | -206.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Share premium | 1100/10 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€45,267 | -€134,809 | -€89,541 | -197.8% |
| Amounts payable | 17/49 | €117,931 | €161,854 | +€43,923 | +37.2% |
| Amounts payable after more than one year | 17 | €33,849 | €38,918 | +€5,069 | +15.0% |
| Financial debts | 170/4 | €33,849 | €38,918 | +€5,069 | +15.0% |
| Amounts payable within one year | 42/48 | €84,083 | €122,936 | +€38,854 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €1,339 | €11,966 | +€10,627 | +793.5% |
| Financial debts | 43 | €9,341 | €7,146 | -€2,196 | -23.5% |
| Credit institutions | 430/8 | €9,341 | €7,146 | -€2,196 | -23.5% |
| Trade debts | 44 | €32,850 | €851 | -€31,998 | -97.4% |
| Suppliers | 440/4 | €32,850 | €851 | -€31,998 | -97.4% |
| Taxes, remuneration and social security | 45 | €15,320 | €38,573 | +€23,253 | +151.8% |
| Taxes | 450/3 | €1,712 | €1,749 | +€37 | +2.2% |
| Remuneration and social security | 454/9 | €13,608 | €36,824 | +€23,215 | +170.6% |
| Other amounts payable | 47/48 | €25,233 | €64,401 | +€39,168 | +155.2% |
| Remuneration, social security and pensions | 62 | €57,687 | €64,602 | +€6,915 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,302 | €5,425 | -€3,877 | -41.7% |
| Other operating charges | 640/8 | €2,106 | €3,984 | +€1,878 | +89.2% |
| Non-recurring operating charges | 66A | - | €14,156 | +€14,156 | |
| Gross operating margin | 9900 | €36,753 | €5,301 | -€31,452 | -85.6% |
| Operating profit (loss) | 9901 | -€32,342 | -€82,866 | -€50,524 | -156.2% |
| Financial income | 75/76B | €271 | €11 | -€260 | -95.8% |
| Recurring financial income | 75 | €271 | €11 | -€260 | -95.8% |
| Financial charges | 65/66B | €4,756 | €6,687 | +€1,930 | +40.6% |
| Recurring financial charges | 65 | €4,756 | €5,723 | +€966 | +20.3% |
| Non-recurring financial charges | 66B | - | €964 | +€964 | |
| Profit (loss) for the period before taxes | 9903 | -€36,827 | -€89,541 | -€52,714 | -143.1% |
| Profit (loss) for the period | 9904 | -€36,827 | -€89,541 | -€52,714 | -143.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,827 | -€89,541 | -€52,714 | -143.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.