GysMed: 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.
GysMed
Largest movements
- Cash -€23,512
down €23,512 (-57.9%), from €40,603 to €17,092
mainly Other debts (-€46,792) and Tax, wage and social debts (-€1,670)
- Intangible fixed assets -€12,000
down €12,000 (-12.4%), from €97,000 to €85,000
- Receivables within one year -€2,438
no longer reported in 2025 (was €2,438)
of which Trade receivables: -€2,002
- Other debts -€46,792
down €46,792 (-40.5%), from €115,450 to €68,658
- Reserves +€10,729
up €10,729 (+62.1%), from €17,278 to €28,008
- Tax, wage and social debts -€1,670
down €1,670 (-22.4%), from €7,459 to €5,789
- Gross operating margin +€4,335
up €4,335 (+16.3%), from €26,649 to €30,984
- Taxes +€1,291
up €1,291 (+31.8%), from €4,063 to €5,354
- Other operating charges +€371
new in 2025: €371
- Financial charges -€331
down €331 (-12.9%), from €2,558 to €2,227
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 | €143,205 | €105,954 | -€37,251 | -26.0% |
| Fixed assets | 21/28 | €97,716 | €85,393 | -€12,323 | -12.6% |
| Intangible fixed assets | 21 | €97,000 | €85,000 | -€12,000 | -12.4% |
| Tangible fixed assets | 22/27 | €716 | €393 | -€323 | -45.1% |
| Furniture and vehicles | 24 | €716 | €393 | -€323 | -45.1% |
| Current assets | 29/58 | €45,489 | €20,561 | -€24,928 | -54.8% |
| Amounts receivable within one year | 40/41 | €2,438 | - | -€2,438 | |
| Trade receivables | 40 | €2,002 | - | -€2,002 | |
| Other amounts receivable | 41 | €437 | - | -€437 | |
| Cash at bank and in hand | 54/58 | €40,603 | €17,092 | -€23,512 | -57.9% |
| Deferred charges and accrued income | 490/1 | €2,447 | €3,469 | +€1,022 | +41.8% |
| Total equity and liabilities | 10/49 | €143,205 | €105,954 | -€37,251 | -26.0% |
| Equity | 10/15 | €19,278 | €30,008 | +€10,729 | +55.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,278 | €28,008 | +€10,729 | +62.1% |
| Distributable reserves | 133 | €17,278 | €28,008 | +€10,729 | +62.1% |
| Amounts payable | 17/49 | €123,926 | €75,946 | -€47,980 | -38.7% |
| Amounts payable within one year | 42/48 | €123,190 | €75,187 | -€48,004 | -39.0% |
| Trade debts | 44 | €282 | €740 | +€458 | +163% |
| Suppliers | 440/4 | €282 | €740 | +€458 | +163% |
| Taxes, remuneration and social security | 45 | €7,459 | €5,789 | -€1,670 | -22.4% |
| Taxes | 450/3 | €7,459 | €5,789 | -€1,670 | -22.4% |
| Other amounts payable | 47/48 | €115,450 | €68,658 | -€46,792 | -40.5% |
| Accrued charges and deferred income | 492/3 | €736 | €759 | +€23 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,253 | €12,323 | +€70 | +0.6% |
| Other operating charges | 640/8 | - | €371 | +€371 | |
| Gross operating margin | 9900 | €26,649 | €30,984 | +€4,335 | +16.3% |
| Operating profit (loss) | 9901 | €14,396 | €18,290 | +€3,894 | +27.0% |
| Financial income | 75/76B | €0 | €20 | +€20 | +10,040% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +10,040% |
| Financial charges | 65/66B | €2,558 | €2,227 | -€331 | -12.9% |
| Recurring financial charges | 65 | €2,558 | €2,227 | -€331 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €11,838 | €16,083 | +€4,245 | +35.9% |
| Income taxes | 67/77 | €4,063 | €5,354 | +€1,291 | +31.8% |
| Profit (loss) for the period | 9904 | €7,775 | €10,729 | +€2,954 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,775 | €10,729 | +€2,954 | +38.0% |
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 15 October 2026 via checked.be.