FULLER MEDICAL: 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.
FULLER MEDICAL
Largest movements
- Cash +€83,937
up €83,937 (+25.0%), from €335,579 to €419,517
mainly Net result for the year (+€123,801) and Other debts (+€68,952)
- Receivables within one year +€42,288
up €42,288 (+64.6%), from €65,447 to €107,735
of which Trade receivables: +€42,099
- Current investments +€30,000
up €30,000 (+32.4%), from €92,500 to €122,500
- Other debts +€68,952
up €68,952 (+304%), from €22,696 to €91,648
- Reserves +€58,801
up €58,801 (+16.1%), from €365,269 to €424,070
of which Distributable reserves: +€58,801
- Tax, wage and social debts +€31,179
up €31,179 (+235%), from €13,261 to €44,440
of which Taxes: +€31,179
- Gross operating margin +€70,809
up €70,809 (+64.1%), from €110,419 to €181,228
- Taxes +€22,929
up €22,929 (+72.2%), from €31,761 to €54,690
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 | €504,617 | €663,614 | +€158,997 | +31.5% |
| Fixed assets | 21/28 | €6,454 | €4,405 | -€2,049 | -31.8% |
| Tangible fixed assets | 22/27 | €6,415 | €4,365 | -€2,049 | -31.9% |
| Plant, machinery and equipment | 23 | €983 | €829 | -€154 | -15.7% |
| Furniture and vehicles | 24 | €5,431 | €3,536 | -€1,895 | -34.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €498,163 | €659,209 | +€161,046 | +32.3% |
| Amounts receivable within one year | 40/41 | €65,447 | €107,735 | +€42,288 | +64.6% |
| Trade receivables | 40 | €41,736 | €83,835 | +€42,099 | +101% |
| Other amounts receivable | 41 | €23,711 | €23,900 | +€189 | +0.8% |
| Current investments | 50/53 | €92,500 | €122,500 | +€30,000 | +32.4% |
| Cash at bank and in hand | 54/58 | €335,579 | €419,517 | +€83,937 | +25.0% |
| Deferred charges and accrued income | 490/1 | €4,637 | €9,457 | +€4,820 | +104% |
| Total equity and liabilities | 10/49 | €504,617 | €663,614 | +€158,997 | +31.5% |
| Equity | 10/15 | €466,760 | €525,561 | +€58,801 | +12.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €365,269 | €424,070 | +€58,801 | +16.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,897 | €2,897 | = | 0.0% |
| Distributable reserves | 133 | €360,512 | €419,313 | +€58,801 | +16.3% |
| Profit (loss) carried forward | 14 | €89,091 | €89,091 | = | 0.0% |
| Amounts payable | 17/49 | €37,857 | €138,053 | +€100,196 | +265% |
| Amounts payable within one year | 42/48 | €37,857 | €138,053 | +€100,196 | +265% |
| Trade debts | 44 | €1,900 | €1,965 | +€65 | +3.4% |
| Suppliers | 440/4 | €1,900 | €1,965 | +€65 | +3.4% |
| Taxes, remuneration and social security | 45 | €13,261 | €44,440 | +€31,179 | +235% |
| Taxes | 450/3 | €9,261 | €40,440 | +€31,179 | +337% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €22,696 | €91,648 | +€68,952 | +304% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €2,049 | +€260 | +14.6% |
| Other operating charges | 640/8 | €247 | €1,231 | +€984 | +398% |
| Gross operating margin | 9900 | €110,419 | €181,228 | +€70,809 | +64.1% |
| Operating profit (loss) | 9901 | €108,383 | €177,948 | +€69,565 | +64.2% |
| Financial income | 75/76B | €1,476 | €1,329 | -€147 | -10.0% |
| Recurring financial income | 75 | €1,476 | €1,329 | -€147 | -10.0% |
| Financial charges | 65/66B | €712 | €786 | +€74 | +10.4% |
| Recurring financial charges | 65 | €712 | €786 | +€74 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €109,147 | €178,491 | +€69,344 | +63.5% |
| Income taxes | 67/77 | €31,761 | €54,690 | +€22,929 | +72.2% |
| Profit (loss) for the period | 9904 | €77,385 | €123,801 | +€46,416 | +60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,385 | €123,801 | +€46,416 | +60.0% |
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 27 October 2026 via checked.be.