J.M.O. Medic: what changed
J.M.O. Medic
Largest movements
- Receivables within one year +€193,311
up €193,311 (+1,375%), from €14,063 to €207,374
of which Other amounts receivable: +€193,028
- Cash -€79,026
down €79,026 (-79.8%), from €99,073 to €20,047
mainly Receivables within one year (-€193,311) and Debts after one year (-€17,751)
- Tangible fixed assets -€51,213
down €51,213 (-11.0%), from €467,385 to €416,172
of which Other tangible fixed assets: -€32,018
- Reserves +€104,912
up €104,912 (+41.4%), from €253,271 to €358,182
of which Distributable reserves: +€104,912
- Debts after one year -€17,751
down €17,751 (-8.7%), from €204,457 to €186,706
- Other debts -€16,746
down €16,746 (-28.5%), from €58,824 to €42,077
- Current portion of long-term debt +€14,772
up €14,772 (+84.1%), from €17,562 to €32,334
- Trade debts -€14,009
down €14,009 (-79.0%), from €17,725 to €3,716
- Gross operating margin -€39,325
down €39,325 (-17.1%), from €230,248 to €190,923
- Taxes -€8,478
down €8,478 (-22.2%), from €38,188 to €29,709
- Financial income +€4,497
up €4,497 (+31,623%), from €14 to €4,511
- Depreciation +€2,367
up €2,367 (+4.7%), from €50,458 to €52,825
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €582,261 | €644,615 | +€62,354 | +10.7% |
| Fixed assets | 21/28 | €467,385 | €416,172 | -€51,213 | -11.0% |
| Tangible fixed assets | 22/27 | €467,385 | €416,172 | -€51,213 | -11.0% |
| Furniture and vehicles | 24 | €41,275 | €22,081 | -€19,195 | -46.5% |
| Other tangible fixed assets | 26 | €426,109 | €394,091 | -€32,018 | -7.5% |
| Current assets | 29/58 | €114,877 | €228,443 | +€113,567 | +98.9% |
| Amounts receivable within one year | 40/41 | €14,063 | €207,374 | +€193,311 | +1,375% |
| Trade receivables | 40 | €1,707 | €1,990 | +€283 | +16.6% |
| Other amounts receivable | 41 | €12,356 | €205,384 | +€193,028 | +1,562% |
| Cash at bank and in hand | 54/58 | €99,073 | €20,047 | -€79,026 | -79.8% |
| Deferred charges and accrued income | 490/1 | €1,741 | €1,023 | -€718 | -41.3% |
| Total equity and liabilities | 10/49 | €582,261 | €644,615 | +€62,354 | +10.7% |
| Equity | 10/15 | €271,871 | €376,782 | +€104,912 | +38.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253,271 | €358,182 | +€104,912 | +41.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €251,411 | €356,322 | +€104,912 | +41.7% |
| Amounts payable | 17/49 | €310,391 | €267,833 | -€42,558 | -13.7% |
| Amounts payable after more than one year | 17 | €204,457 | €186,706 | -€17,751 | -8.7% |
| Financial debts | 170/4 | €204,457 | €186,706 | -€17,751 | -8.7% |
| Amounts payable within one year | 42/48 | €105,934 | €81,127 | -€24,807 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €17,562 | €32,334 | +€14,772 | +84.1% |
| Trade debts | 44 | €17,725 | €3,716 | -€14,009 | -79.0% |
| Suppliers | 440/4 | €17,725 | €3,716 | -€14,009 | -79.0% |
| Taxes, remuneration and social security | 45 | €11,824 | €3,000 | -€8,824 | -74.6% |
| Taxes | 450/3 | €11,824 | €3,000 | -€8,824 | -74.6% |
| Other amounts payable | 47/48 | €58,824 | €42,077 | -€16,746 | -28.5% |
| Non-recurring operating income | 76A | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,458 | €52,825 | +€2,367 | +4.7% |
| Other operating charges | 640/8 | €5,948 | €4,856 | -€1,092 | -18.4% |
| Gross operating margin | 9900 | €230,248 | €190,923 | -€39,325 | -17.1% |
| Operating profit (loss) | 9901 | €173,842 | €133,243 | -€40,600 | -23.4% |
| Financial income | 75/76B | €14 | €4,511 | +€4,497 | +31,623% |
| Recurring financial income | 75 | €14 | €4,511 | +€4,497 | +31,623% |
| Financial charges | 65/66B | €3,443 | €3,133 | -€309 | -9.0% |
| Recurring financial charges | 65 | €3,443 | €3,133 | -€309 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €170,414 | €134,621 | -€35,793 | -21.0% |
| Income taxes | 67/77 | €38,188 | €29,709 | -€8,478 | -22.2% |
| Profit (loss) for the period | 9904 | €132,226 | €104,912 | -€27,315 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,226 | €104,912 | -€27,315 | -20.7% |
Next steps
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 5 November 2026 via checked.be.