Immo Medic Merchtem: 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.
Immo Medic Merchtem
Largest movements
- Cash +€52,332
up €52,332 (+290%), from €18,065 to €70,396
mainly Other debts (+€108,040) and Depreciation (+€47,030)
- Tangible fixed assets -€27,730
down €27,730 (-1.5%), from €1.9m to €1.8m
- Other debts +€108,040
up €108,040 (+248,026%), from €44 to €108,084
- Debts after one year -€99,726
down €99,726 (-7.5%), from €1.3m to €1.2m
- Gross operating margin -€20,363
down €20,363 (-18.1%), from €112,548 to €92,185
- Taxes -€7,364
down €7,364 (-43.4%), from €16,983 to €9,619
- Financial charges +€4,319
up €4,319 (+33.6%), from €12,862 to €17,181
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 | €1,896,745 | €1,921,063 | +€24,318 | +1.3% |
| Fixed assets | 21/28 | €1,874,202 | €1,846,472 | -€27,730 | -1.5% |
| Tangible fixed assets | 22/27 | €1,874,202 | €1,846,472 | -€27,730 | -1.5% |
| Land and buildings | 22 | €1,874,202 | €1,846,472 | -€27,730 | -1.5% |
| Current assets | 29/58 | €22,543 | €74,591 | +€52,048 | +231% |
| Amounts receivable within one year | 40/41 | €4,430 | €4,147 | -€283 | -6.4% |
| Trade receivables | 40 | €231 | - | -€231 | |
| Other amounts receivable | 41 | €4,199 | €4,147 | -€52 | -1.2% |
| Cash at bank and in hand | 54/58 | €18,065 | €70,396 | +€52,332 | +290% |
| Deferred charges and accrued income | 490/1 | €48 | €48 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,896,745 | €1,921,063 | +€24,318 | +1.3% |
| Equity | 10/15 | €468,834 | €486,191 | +€17,356 | +3.7% |
| Contributions | 10/11 | €200,500 | €200,500 | = | 0.0% |
| Reserves | 13 | €35,508 | €52,864 | +€17,356 | +48.9% |
| Distributable reserves | 133 | €35,508 | €52,864 | +€17,356 | +48.9% |
| Profit (loss) carried forward | 14 | €232,827 | €232,827 | = | 0.0% |
| Amounts payable | 17/49 | €1,427,911 | €1,434,872 | +€6,962 | +0.5% |
| Amounts payable after more than one year | 17 | €1,321,701 | €1,221,975 | -€99,726 | -7.5% |
| Financial debts | 170/4 | €1,321,701 | €1,221,975 | -€99,726 | -7.5% |
| Amounts payable within one year | 42/48 | €106,210 | €212,897 | +€106,688 | +100% |
| Current portion of amounts payable after more than one year | 42 | €102,285 | €99,726 | -€2,559 | -2.5% |
| Trade debts | 44 | €200 | €460 | +€260 | +130% |
| Suppliers | 440/4 | €200 | €460 | +€260 | +130% |
| Taxes, remuneration and social security | 45 | €3,681 | €4,628 | +€947 | +25.7% |
| Taxes | 450/3 | €3,681 | €4,628 | +€947 | +25.7% |
| Other amounts payable | 47/48 | €44 | €108,084 | +€108,040 | +248,026% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,228 | €47,030 | +€802 | +1.7% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €112,548 | €92,185 | -€20,363 | -18.1% |
| Operating profit (loss) | 9901 | €65,352 | €44,156 | -€21,196 | -32.4% |
| Financial charges | 65/66B | €12,862 | €17,181 | +€4,319 | +33.6% |
| Recurring financial charges | 65 | €12,862 | €17,181 | +€4,319 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €52,490 | €26,975 | -€25,515 | -48.6% |
| Income taxes | 67/77 | €16,983 | €9,619 | -€7,364 | -43.4% |
| Profit (loss) for the period | 9904 | €35,508 | €17,356 | -€18,151 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,508 | €17,356 | -€18,151 | -51.1% |
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 23 October 2026 via checked.be.