JP MEDICO: 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.
JP MEDICO
Largest movements
- Receivables after one year -€39,100
down €39,100 (-8.6%), from €455,941 to €416,841
- Cash +€26,240
up €26,240 (+108%), from €24,264 to €50,504
mainly Receivables after one year (+€39,100) and Other debts (+€32,868)
- Tangible fixed assets -€9,499
down €9,499 (-33.9%), from €28,012 to €18,514
of which Furniture and vehicles: -€7,575
- Profit (loss) carried forward -€54,867
down €54,867 (-30.8%), from €178,156 to €123,289
- Other debts +€32,868
up €32,868 (+13.9%), from €236,339 to €269,207
- Short-term financial debts +€13,333
new in 2025: €13,333
- Staff costs +€67,340
up €67,340 (+42.5%), from €158,370 to €225,710
- Gross operating margin -€19,388
down €19,388 (-8.9%), from €218,274 to €198,886
- Taxes -€12,347
down €12,347 (-96.3%), from €12,825 to €477
- Financial charges -€3,503
down €3,503 (-70.1%), from €5,000 to €1,497
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 | €779,487 | €758,055 | -€21,432 | -2.7% |
| Fixed assets | 21/28 | €28,012 | €18,514 | -€9,499 | -33.9% |
| Tangible fixed assets | 22/27 | €28,012 | €18,514 | -€9,499 | -33.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €137 | - | -€137 | |
| Furniture and vehicles | 24 | €19,974 | €12,398 | -€7,575 | -37.9% |
| Other tangible fixed assets | 26 | €7,901 | €6,116 | -€1,786 | -22.6% |
| Current assets | 29/58 | €751,474 | €739,541 | -€11,933 | -1.6% |
| Amounts receivable after more than one year | 29 | €455,941 | €416,841 | -€39,100 | -8.6% |
| Other amounts receivable | 291 | €455,941 | €416,841 | -€39,100 | -8.6% |
| Amounts receivable within one year | 40/41 | €265,496 | €266,051 | +€556 | +0.2% |
| Trade receivables | 40 | €244,200 | €245,510 | +€1,310 | +0.5% |
| Other amounts receivable | 41 | €21,295 | €20,541 | -€754 | -3.5% |
| Cash at bank and in hand | 54/58 | €24,264 | €50,504 | +€26,240 | +108% |
| Deferred charges and accrued income | 490/1 | €5,773 | €6,144 | +€371 | +6.4% |
| Total equity and liabilities | 10/49 | €779,487 | €758,055 | -€21,432 | -2.7% |
| Equity | 10/15 | €273,839 | €218,971 | -€54,867 | -20.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €45,683 | €45,683 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,751 | €20,751 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Other | 1319 | €15,751 | €15,751 | = | 0.0% |
| Distributable reserves | 133 | €24,931 | €24,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €178,156 | €123,289 | -€54,867 | -30.8% |
| Amounts payable | 17/49 | €505,648 | €539,084 | +€33,436 | +6.6% |
| Amounts payable after more than one year | 17 | €4,332 | €371 | -€3,961 | -91.4% |
| Financial debts | 170/4 | €3,961 | - | -€3,961 | |
| Other amounts payable | 178/9 | €371 | €371 | = | 0.0% |
| Amounts payable within one year | 42/48 | €501,316 | €538,713 | +€37,397 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €3,782 | €3,961 | +€179 | +4.7% |
| Financial debts | 43 | - | €13,333 | +€13,333 | |
| Credit institutions | 430/8 | - | €13,333 | +€13,333 | |
| Trade debts | 44 | €229,787 | €224,757 | -€5,029 | -2.2% |
| Suppliers | 440/4 | €229,787 | €224,757 | -€5,029 | -2.2% |
| Taxes, remuneration and social security | 45 | €31,409 | €27,455 | -€3,954 | -12.6% |
| Taxes | 450/3 | €6,825 | €1,324 | -€5,500 | -80.6% |
| Remuneration and social security | 454/9 | €24,584 | €26,130 | +€1,546 | +6.3% |
| Other amounts payable | 47/48 | €236,339 | €269,207 | +€32,868 | +13.9% |
| Remuneration, social security and pensions | 62 | €158,370 | €225,710 | +€67,340 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,339 | €9,499 | +€1,160 | +13.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,915 | €15,000 | +€85 | +0.6% |
| Other operating charges | 640/8 | €1,538 | €1,570 | +€32 | +2.1% |
| Gross operating margin | 9900 | €218,274 | €198,886 | -€19,388 | -8.9% |
| Operating profit (loss) | 9901 | €35,113 | -€52,893 | -€88,006 | |
| Financial income | 75/76B | €170 | €0 | -€170 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -97.8% |
| Non-recurring financial income | 76B | €167 | - | -€167 | |
| Financial charges | 65/66B | €5,000 | €1,497 | -€3,503 | -70.1% |
| Recurring financial charges | 65 | €5,000 | €1,497 | -€3,503 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | €30,283 | -€54,390 | -€84,673 | |
| Income taxes | 67/77 | €12,825 | €477 | -€12,347 | -96.3% |
| Profit (loss) for the period | 9904 | €17,458 | -€54,867 | -€72,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,458 | -€54,867 | -€72,325 |
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 20 October 2026 via checked.be.