JP MEDIC: what changed
Two fiscal 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.
JP MEDIC
Largest movements
- Current investments -€375,000
down €375,000 (-65.2%), from €575,000 to €200,000
- Cash +€125,631
up €125,631 (+34.1%), from €368,600 to €494,230
mainly Current investments (+€375,000) and Net result for the year (+€74,311)
- Other debts -€216,887
down €216,887 (-76.1%), from €284,901 to €68,014
- Tax, wage and social debts -€12,627
down €12,627 (-38.4%), from €32,926 to €20,299
- Reserves -€10,820
down €10,820 (-1.7%), from €633,224 to €622,404
- Gross operating margin -€11,267
down €11,267 (-9.8%), from €114,546 to €103,280
- Purchases and services -€10,339
down €10,339 (-12.5%), from €82,854 to €72,515
- Taxes -€4,184
down €4,184 (-10.2%), from €40,826 to €36,642
- Financial income +€2,540
up €2,540 (+22.3%), from €11,412 to €13,951
- Depreciation +€2,370
up €2,370 (+73.0%), from €3,247 to €5,616
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.
Cash bridge derived
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 | €985,075 | €744,539 | -€240,536 | -24.4% |
| Fixed assets | 21/28 | €24,367 | €30,626 | +€6,259 | +25.7% |
| Tangible fixed assets | 22/27 | €24,367 | €30,626 | +€6,259 | +25.7% |
| Furniture and vehicles | 24 | - | €4,676 | +€4,676 | |
| Other tangible fixed assets | 26 | €24,367 | €25,950 | +€1,583 | +6.5% |
| Current assets | 29/58 | €960,708 | €713,913 | -€246,795 | -25.7% |
| Amounts receivable within one year | 40/41 | €16,209 | €18,762 | +€2,553 | +15.8% |
| Trade receivables | 40 | €16,209 | €18,762 | +€2,553 | +15.8% |
| Current investments | 50/53 | €575,000 | €200,000 | -€375,000 | -65.2% |
| Cash at bank and in hand | 54/58 | €368,600 | €494,230 | +€125,631 | +34.1% |
| Deferred charges and accrued income | 490/1 | €899 | €920 | +€21 | +2.3% |
| Total equity and liabilities | 10/49 | €985,075 | €744,539 | -€240,536 | -24.4% |
| Equity | 10/15 | €645,624 | €634,804 | -€10,820 | -1.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €633,224 | €622,404 | -€10,820 | -1.7% |
| Distributable reserves | 133 | €633,224 | €622,404 | -€10,820 | -1.7% |
| Amounts payable | 17/49 | €339,451 | €109,735 | -€229,716 | -67.7% |
| Amounts payable within one year | 42/48 | €331,267 | €102,453 | -€228,813 | -69.1% |
| Current portion of amounts payable after more than one year | 42 | €11,667 | €11,667 | = | 0.0% |
| Trade debts | 44 | €1,773 | €2,474 | +€701 | +39.5% |
| Suppliers | 440/4 | €1,773 | €2,474 | +€701 | +39.5% |
| Taxes, remuneration and social security | 45 | €32,926 | €20,299 | -€12,627 | -38.4% |
| Taxes | 450/3 | €32,926 | €20,299 | -€12,627 | -38.4% |
| Other amounts payable | 47/48 | €284,901 | €68,014 | -€216,887 | -76.1% |
| Accrued charges and deferred income | 492/3 | €8,184 | €7,281 | -€903 | -11.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €82,854 | €72,515 | -€10,339 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,247 | €5,616 | +€2,370 | +73.0% |
| Other operating charges | 640/8 | €63 | - | -€63 | |
| Gross operating margin | 9900 | €114,546 | €103,280 | -€11,267 | -9.8% |
| Operating profit (loss) | 9901 | €111,237 | €97,663 | -€13,573 | -12.2% |
| Financial income | 75/76B | €11,412 | €13,951 | +€2,540 | +22.3% |
| Recurring financial income | 75 | €11,412 | €13,951 | +€2,540 | +22.3% |
| Financial charges | 65/66B | €1,695 | €661 | -€1,034 | -61.0% |
| Recurring financial charges | 65 | €731 | €661 | -€70 | -9.5% |
| Non-recurring financial charges | 66B | €965 | - | -€965 | |
| Profit (loss) for the period before taxes | 9903 | €120,953 | €110,954 | -€9,999 | -8.3% |
| Income taxes | 67/77 | €40,826 | €36,642 | -€4,184 | -10.2% |
| Profit (loss) for the period | 9904 | €80,127 | €74,311 | -€5,815 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €80,127 | €74,311 | -€5,815 | -7.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.