HONNEUR MEDIC: 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.
HONNEUR MEDIC
Largest movements
- Receivables within one year +€95,774
up €95,774 (+943%), from €10,154 to €105,928
of which Trade receivables: +€95,323
- Cash +€69,114
up €69,114 (+112%), from €61,608 to €130,722
mainly Net result for the year (+€99,382) and Other debts (+€35,000)
- Reserves +€99,382
up €99,382 (+180%), from €55,334 to €154,715
- Other debts +€35,000
new in 2025: €35,000
- Tax, wage and social debts +€27,777
up €27,777 (+266%), from €10,452 to €38,229
- Trade debts +€2,606
up €2,606 (+178%), from €1,466 to €4,073
- Gross operating margin +€83,616
up €83,616 (+188%), from €44,500 to €128,116
- Taxes +€18,875
up €18,875 (+195%), from €9,677 to €28,552
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 | €72,251 | €237,017 | +€164,766 | +228% |
| Current assets | 29/58 | €72,251 | €237,017 | +€164,766 | +228% |
| Amounts receivable within one year | 40/41 | €10,154 | €105,928 | +€95,774 | +943% |
| Trade receivables | 40 | €10,000 | €105,323 | +€95,323 | +953% |
| Other amounts receivable | 41 | €154 | €605 | +€451 | +293% |
| Cash at bank and in hand | 54/58 | €61,608 | €130,722 | +€69,114 | +112% |
| Deferred charges and accrued income | 490/1 | €490 | €367 | -€123 | -25.1% |
| Total equity and liabilities | 10/49 | €72,251 | €237,017 | +€164,766 | +228% |
| Equity | 10/15 | €60,334 | €159,715 | +€99,382 | +165% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,334 | €154,715 | +€99,382 | +180% |
| Distributable reserves | 133 | €55,334 | €154,715 | +€99,382 | +180% |
| Amounts payable | 17/49 | €11,918 | €77,301 | +€65,384 | +549% |
| Amounts payable within one year | 42/48 | €11,918 | €77,301 | +€65,384 | +549% |
| Trade debts | 44 | €1,466 | €4,073 | +€2,606 | +178% |
| Suppliers | 440/4 | €1,466 | €4,073 | +€2,606 | +178% |
| Taxes, remuneration and social security | 45 | €10,452 | €38,229 | +€27,777 | +266% |
| Taxes | 450/3 | €10,452 | €38,229 | +€27,777 | +266% |
| Other amounts payable | 47/48 | - | €35,000 | +€35,000 | |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €44,500 | €128,116 | +€83,616 | +188% |
| Operating profit (loss) | 9901 | €44,374 | €127,988 | +€83,614 | +188% |
| Financial income | 75/76B | €182 | €21 | -€161 | -88.4% |
| Recurring financial income | 75 | €182 | €21 | -€161 | -88.4% |
| Financial charges | 65/66B | €70 | €75 | +€5 | +6.8% |
| Recurring financial charges | 65 | €70 | €75 | +€5 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €44,486 | €127,934 | +€83,448 | +188% |
| Income taxes | 67/77 | €9,677 | €28,552 | +€18,875 | +195% |
| Profit (loss) for the period | 9904 | €34,809 | €99,382 | +€64,573 | +186% |
| Profit (loss) for the period to be appropriated | 9905 | €34,809 | €99,382 | +€64,573 | +186% |
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 22 October 2026 via checked.be.