JS MEDICOM: 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.
JS MEDICOM
Largest movements
- Tangible fixed assets -€348,086
down €348,086 (-40.6%), from €858,121 to €510,035
of which Land and buildings: -€335,751
- Cash -€86,078
down €86,078 (-26.3%), from €327,415 to €241,337
mainly Debts after one year (-€356,189) and Receivables within one year (-€49,281)
- Receivables within one year +€49,281
up €49,281 (+72.9%), from €67,566 to €116,847
of which Trade receivables: +€35,909
- Debts after one year -€356,189
down €356,189 (-41.7%), from €853,386 to €497,197
- Current portion of long-term debt -€47,927
down €47,927 (-49.3%), from €97,260 to €49,332
- Trade debts +€24,368
up €24,368 (+319%), from €7,630 to €31,997
- Reserves +€21,854
up €21,854 (+12.8%), from €170,336 to €192,189
- Tax, wage and social debts -€20,082
down €20,082 (-88.9%), from €22,582 to €2,500
- Financial charges +€92,978
up €92,978 (+130%), from €71,430 to €164,408
- Provisions -€50,065
down €50,065, from €49,472 to -€594
- Depreciation -€26,388
down €26,388 (-49.7%), from €53,077 to €26,689
- Gross operating margin -€20,654
down €20,654 (-8.1%), from €256,151 to €235,497
- Taxes -€7,882
down €7,882 (-38.9%), from €20,237 to €12,355
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 | €1,265,320 | €881,141 | -€384,179 | -30.4% |
| Fixed assets | 21/28 | €858,516 | €510,430 | -€348,086 | -40.5% |
| Tangible fixed assets | 22/27 | €858,121 | €510,035 | -€348,086 | -40.6% |
| Land and buildings | 22 | €717,085 | €381,334 | -€335,751 | -46.8% |
| Plant, machinery and equipment | 23 | €133,531 | €113,592 | -€19,939 | -14.9% |
| Furniture and vehicles | 24 | €7,505 | €15,109 | +€7,604 | +101% |
| Financial fixed assets | 28 | €395 | €395 | = | 0.0% |
| Current assets | 29/58 | €406,804 | €370,712 | -€36,093 | -8.9% |
| Amounts receivable within one year | 40/41 | €67,566 | €116,847 | +€49,281 | +72.9% |
| Trade receivables | 40 | €32,255 | €68,163 | +€35,909 | +111% |
| Other amounts receivable | 41 | €35,311 | €48,684 | +€13,373 | +37.9% |
| Cash at bank and in hand | 54/58 | €327,415 | €241,337 | -€86,078 | -26.3% |
| Deferred charges and accrued income | 490/1 | €11,824 | €12,527 | +€703 | +5.9% |
| Total equity and liabilities | 10/49 | €1,265,320 | €881,141 | -€384,179 | -30.4% |
| Equity | 10/15 | €194,883 | €216,737 | +€21,854 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,336 | €192,189 | +€21,854 | +12.8% |
| Distributable reserves | 133 | €170,336 | €192,189 | +€21,854 | +12.8% |
| Profit (loss) carried forward | 14 | €5,947 | €5,947 | = | 0.0% |
| Provisions and deferred taxes | 16 | €83,972 | €83,378 | -€594 | -0.7% |
| Provisions for liabilities and charges | 160/5 | €83,972 | €83,378 | -€594 | -0.7% |
| Other liabilities and charges | 164/5 | €83,972 | €83,378 | -€594 | -0.7% |
| Amounts payable | 17/49 | €986,465 | €581,027 | -€405,439 | -41.1% |
| Amounts payable after more than one year | 17 | €853,386 | €497,197 | -€356,189 | -41.7% |
| Financial debts | 170/4 | €853,386 | €497,197 | -€356,189 | -41.7% |
| Amounts payable within one year | 42/48 | €127,472 | €83,830 | -€43,642 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €97,260 | €49,332 | -€47,927 | -49.3% |
| Trade debts | 44 | €7,630 | €31,997 | +€24,368 | +319% |
| Suppliers | 440/4 | €7,630 | €31,997 | +€24,368 | +319% |
| Taxes, remuneration and social security | 45 | €22,582 | €2,500 | -€20,082 | -88.9% |
| Taxes | 450/3 | €22,582 | €2,500 | -€20,082 | -88.9% |
| Accrued charges and deferred income | 492/3 | €5,608 | - | -€5,608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,077 | €26,689 | -€26,388 | -49.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €49,472 | -€594 | -€50,065 | |
| Other operating charges | 640/8 | €12,268 | €14,953 | +€2,685 | +21.9% |
| Gross operating margin | 9900 | €256,151 | €235,497 | -€20,654 | -8.1% |
| Operating profit (loss) | 9901 | €141,334 | €194,448 | +€53,114 | +37.6% |
| Financial income | 75/76B | €607 | €4,168 | +€3,561 | +586% |
| Recurring financial income | 75 | €607 | €4,168 | +€3,561 | +586% |
| Financial charges | 65/66B | €71,430 | €164,408 | +€92,978 | +130% |
| Recurring financial charges | 65 | €71,430 | €164,408 | +€92,978 | +130% |
| Profit (loss) for the period before taxes | 9903 | €70,511 | €34,209 | -€36,303 | -51.5% |
| Income taxes | 67/77 | €20,237 | €12,355 | -€7,882 | -38.9% |
| Profit (loss) for the period | 9904 | €50,274 | €21,854 | -€28,420 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,274 | €21,854 | -€28,420 | -56.5% |
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 19 October 2026 via checked.be.