LA MEDINA: 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.
LA MEDINA
Largest movements
- Cash -€2,997
down €2,997 (-90.6%), from €3,309 to €312
mainly Debts after one year (-€30,500) and Trade debts (-€10,236)
- Debts after one year -€30,500
down €30,500 (-25.0%), from €122,107 to €91,607
- Other debts +€15,310
up €15,310 (+29.7%), from €51,516 to €66,826
- Current portion of long-term debt +€14,900
new in 2023: €14,900
- Trade debts -€10,236
down €10,236 (-9.2%), from €111,175 to €100,939
- Tax, wage and social debts +€5,207
up €5,207 (+90.8%), from €5,735 to €10,941
- Gross operating margin +€8,693
up €8,693 (+243%), from €3,583 to €12,276
- Financial charges +€4,895
up €4,895 (+187%), from €2,624 to €7,520
- Other operating charges -€643
down €643 (-22.6%), from €2,844 to €2,202
- Financial income +€149
new in 2023: €149
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,045 | €267,430 | -€2,616 | -1.0% |
| Fixed assets | 21/28 | €266,112 | €266,112 | = | 0.0% |
| Tangible fixed assets | 22/27 | €260,000 | €260,000 | = | 0.0% |
| Land and buildings | 22 | €260,000 | €260,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,112 | €6,112 | = | 0.0% |
| Current assets | 29/58 | €3,933 | €1,318 | -€2,616 | -66.5% |
| Amounts receivable within one year | 40/41 | €549 | €847 | +€298 | +54.3% |
| Trade receivables | 40 | €549 | €281 | -€268 | -48.9% |
| Other amounts receivable | 41 | - | €566 | +€566 | |
| Cash at bank and in hand | 54/58 | €3,309 | €312 | -€2,997 | -90.6% |
| Deferred charges and accrued income | 490/1 | €76 | €159 | +€83 | +110% |
| Total equity and liabilities | 10/49 | €270,045 | €267,430 | -€2,616 | -1.0% |
| Equity | 10/15 | -€20,487 | -€17,783 | +€2,704 | +13.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €690 | €690 | = | 0.0% |
| Distributable reserves | 133 | €690 | €690 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,777 | -€37,074 | +€2,704 | +6.8% |
| Amounts payable | 17/49 | €290,532 | €285,213 | -€5,319 | -1.8% |
| Amounts payable after more than one year | 17 | €122,107 | €91,607 | -€30,500 | -25.0% |
| Financial debts | 170/4 | €122,107 | €91,607 | -€30,500 | -25.0% |
| Amounts payable within one year | 42/48 | €168,426 | €193,606 | +€25,181 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | - | €14,900 | +€14,900 | |
| Trade debts | 44 | €111,175 | €100,939 | -€10,236 | -9.2% |
| Suppliers | 440/4 | €111,175 | €100,939 | -€10,236 | -9.2% |
| Taxes, remuneration and social security | 45 | €5,735 | €10,941 | +€5,207 | +90.8% |
| Taxes | 450/3 | €5,735 | €10,941 | +€5,207 | +90.8% |
| Other amounts payable | 47/48 | €51,516 | €66,826 | +€15,310 | +29.7% |
| Other operating charges | 640/8 | €2,844 | €2,202 | -€643 | -22.6% |
| Gross operating margin | 9900 | €3,583 | €12,276 | +€8,693 | +243% |
| Operating profit (loss) | 9901 | €739 | €10,074 | +€9,336 | +1,264% |
| Financial income | 75/76B | - | €149 | +€149 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Financial charges | 65/66B | €2,624 | €7,520 | +€4,895 | +187% |
| Recurring financial charges | 65 | €2,624 | €7,520 | +€4,895 | +187% |
| Profit (loss) for the period before taxes | 9903 | -€1,885 | €2,704 | +€4,589 | |
| Profit (loss) for the period | 9904 | -€1,885 | €2,704 | +€4,589 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,885 | €2,704 | +€4,589 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.