FRANCO-MEDICAL: what changed
What changed
FRANCO-MEDICAL
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€36,578
2024 · €41,061-€4,483
Equity
€427,455
2024 · €475,877-€48,422
Cash
€196,610
2024 · €30,713+€165,897
Balance sheet total
€645,958
2024 · €558,004+€87,954
Largest movements
Assets
- Cash +€165,897
up €165,897 (+540%), from €30,713 to €196,610
mainly Receivables within one year (+€95,442) and Other debts (+€79,475)
- Receivables within one year -€95,442
down €95,442 (-45.5%), from €209,953 to €114,511
- Tangible fixed assets +€16,335
up €16,335 (+6.9%), from €236,521 to €252,856
of which Furniture and vehicles: +€27,624
Equity and liabilities
- Other debts +€79,475
new in 2025: €79,475
- Reserves -€49,000
down €49,000 (-14.6%), from €336,213 to €287,213
of which Distributable reserves: -€49,000
- Tax, wage and social debts +€28,062
up €28,062 (+150%), from €18,701 to €46,763
of which Taxes: +€33,254
- Debts after one year +€22,765
up €22,765 (+46.3%), from €49,130 to €71,895
Income statement
- Taxes +€20,024
up €20,024 (+57.8%), from €34,637 to €54,661
- Staff costs -€15,092
down €15,092 (-32.7%), from €46,131 to €31,039
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€41,061
Gross operating margin
+€1,459
Staff costs
+€15,092
Depreciation
+€997
Other operating charges
+€379
Other operating items
-€226
Financial income
-€888
Financial charges
-€1,272
Taxes
-€20,024
Result 2025
€36,578
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€289,482
Investment
-€65,013
Financing
-€58,572
Cash 2024
€30,713
From operations (derived)
+€289,482
Net result for the year
+€36,578
Depreciation
+€48,678
Receivables within one year
+€95,442
Deferred charges and accrued income
-€1,164
Trade debts
-€289
Tax, wage and social debts
+€28,062
Other debts
+€79,475
Accrued charges and deferred income
+€2,700
Investment (derived)
-€65,013
Investment in fixed assets (net)
-€65,013
Financing
-€58,572
Debts after one year
+€22,765
Current portion of long-term debt
+€3,663
Contributions, distributions and other
-€85,000
Cash 2025
€196,610
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €558,004 | €645,958 | +€87,954 | +15.8% |
| Fixed assets | 21/28 | €236,521 | €252,856 | +€16,335 | +6.9% |
| Tangible fixed assets | 22/27 | €236,521 | €252,856 | +€16,335 | +6.9% |
| Plant, machinery and equipment | 23 | €220,577 | €209,288 | -€11,289 | -5.1% |
| Furniture and vehicles | 24 | €15,944 | €43,568 | +€27,624 | +173% |
| Current assets | 29/58 | €321,483 | €393,102 | +€71,619 | +22.3% |
| Amounts receivable after more than one year | 29 | €80,000 | €80,000 | = | 0.0% |
| Other amounts receivable | 291 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €209,953 | €114,511 | -€95,442 | -45.5% |
| Other amounts receivable | 41 | €209,953 | €114,511 | -€95,442 | -45.5% |
| Cash at bank and in hand | 54/58 | €30,713 | €196,610 | +€165,897 | +540% |
| Deferred charges and accrued income | 490/1 | €817 | €1,981 | +€1,164 | +142% |
| Total equity and liabilities | 10/49 | €558,004 | €645,958 | +€87,954 | +15.8% |
| Equity | 10/15 | €475,877 | €427,455 | -€48,422 | -10.2% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €336,213 | €287,213 | -€49,000 | -14.6% |
| Tax-exempt reserves | 132 | €8,413 | €8,413 | = | 0.0% |
| Distributable reserves | 133 | €327,800 | €278,800 | -€49,000 | -14.9% |
| Profit (loss) carried forward | 14 | €125,404 | €125,982 | +€578 | +0.5% |
| Amounts payable | 17/49 | €82,127 | €218,503 | +€136,376 | +166% |
| Amounts payable after more than one year | 17 | €49,130 | €71,895 | +€22,765 | +46.3% |
| Financial debts | 170/4 | €49,130 | €71,895 | +€22,765 | +46.3% |
| Amounts payable within one year | 42/48 | €32,997 | €143,908 | +€110,911 | +336% |
| Current portion of amounts payable after more than one year | 42 | €12,272 | €15,935 | +€3,663 | +29.8% |
| Trade debts | 44 | €2,024 | €1,735 | -€289 | -14.3% |
| Suppliers | 440/4 | €2,024 | €1,735 | -€289 | -14.3% |
| Taxes, remuneration and social security | 45 | €18,701 | €46,763 | +€28,062 | +150% |
| Taxes | 450/3 | €4,371 | €37,625 | +€33,254 | +761% |
| Remuneration and social security | 454/9 | €14,330 | €9,138 | -€5,192 | -36.2% |
| Other amounts payable | 47/48 | - | €79,475 | +€79,475 | |
| Accrued charges and deferred income | 492/3 | - | €2,700 | +€2,700 | |
| Remuneration, social security and pensions | 62 | €46,131 | €31,039 | -€15,092 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,675 | €48,678 | -€997 | -2.0% |
| Other operating charges | 640/8 | €1,013 | €634 | -€379 | -37.4% |
| Non-recurring operating charges | 66A | €489 | €715 | +€226 | +46.2% |
| Gross operating margin | 9900 | €168,019 | €169,478 | +€1,459 | +0.9% |
| Operating profit (loss) | 9901 | €70,711 | €88,412 | +€17,701 | +25.0% |
| Financial income | 75/76B | €7,043 | €6,155 | -€888 | -12.6% |
| Recurring financial income | 75 | €7,043 | €6,155 | -€888 | -12.6% |
| Financial charges | 65/66B | €2,056 | €3,328 | +€1,272 | +61.9% |
| Recurring financial charges | 65 | €2,056 | €3,328 | +€1,272 | +61.9% |
| Profit (loss) for the period before taxes | 9903 | €75,698 | €91,239 | +€15,541 | +20.5% |
| Income taxes | 67/77 | €34,637 | €54,661 | +€20,024 | +57.8% |
| Profit (loss) for the period | 9904 | €41,061 | €36,578 | -€4,483 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,061 | €36,578 | -€4,483 | -10.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.