LPA - MEDIC: 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.
LPA - MEDIC
Largest movements
- Receivables within one year -€152,151
down €152,151 (-95.5%), from €159,351 to €7,200
of which Other amounts receivable: -€152,502
- Receivables after one year +€101,000
up €101,000 (+20.8%), from €485,000 to €586,000
- Deferred charges and accrued income +€17,212
new in 2025: €17,212
- Reserves -€42,077
down €42,077 (-9.0%), from €466,181 to €424,104
of which Distributable reserves: -€42,077
- Other debts +€24,099
up €24,099 (+24.5%), from €98,435 to €122,534
- Provisions -€10,000
down €10,000 (-38.5%), from €26,000 to €16,000
- Tax, wage and social debts -€9,070
down €9,070 (-42.6%), from €21,303 to €12,233
- Short-term financial debts +€8,431
new in 2025: €8,431
- Provisions -€31,000
down €31,000, from €21,000 to -€10,000
- Gross operating margin -€12,277
down €12,277 (-12.5%), from €98,081 to €85,804
- Taxes +€6,375
up €6,375 (+26.2%), from €24,289 to €30,664
- Financial income +€3,277
up €3,277 (+23.5%), from €13,935 to €17,212
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 | €667,796 | €632,599 | -€35,197 | -5.3% |
| Fixed assets | 21/28 | €5,664 | €3,889 | -€1,775 | -31.3% |
| Tangible fixed assets | 22/27 | €5,639 | €3,864 | -€1,775 | -31.5% |
| Plant, machinery and equipment | 23 | €1,955 | €1,712 | -€243 | -12.4% |
| Furniture and vehicles | 24 | €3,685 | €2,152 | -€1,533 | -41.6% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €662,131 | €628,710 | -€33,421 | -5.0% |
| Amounts receivable after more than one year | 29 | €485,000 | €586,000 | +€101,000 | +20.8% |
| Other amounts receivable | 291 | €485,000 | €586,000 | +€101,000 | +20.8% |
| Amounts receivable within one year | 40/41 | €159,351 | €7,200 | -€152,151 | -95.5% |
| Trade receivables | 40 | €6,849 | €7,200 | +€351 | +5.1% |
| Other amounts receivable | 41 | €152,502 | - | -€152,502 | |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €17,780 | €18,297 | +€518 | +2.9% |
| Deferred charges and accrued income | 490/1 | - | €17,212 | +€17,212 | |
| Total equity and liabilities | 10/49 | €667,796 | €632,599 | -€35,197 | -5.3% |
| Equity | 10/15 | €515,269 | €473,192 | -€42,077 | -8.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €466,181 | €424,104 | -€42,077 | -9.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €466,181 | €424,104 | -€42,077 | -9.0% |
| Profit (loss) carried forward | 14 | €41,029 | €41,029 | = | 0.0% |
| Provisions and deferred taxes | 16 | €26,000 | €16,000 | -€10,000 | -38.5% |
| Provisions for liabilities and charges | 160/5 | €26,000 | €16,000 | -€10,000 | -38.5% |
| Pensions and similar obligations | 160 | €26,000 | €16,000 | -€10,000 | -38.5% |
| Amounts payable | 17/49 | €126,526 | €143,406 | +€16,880 | +13.3% |
| Amounts payable within one year | 42/48 | €126,526 | €143,339 | +€16,813 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €6,789 | - | -€6,789 | |
| Financial debts | 43 | - | €8,431 | +€8,431 | |
| Credit institutions | 430/8 | - | €8,431 | +€8,431 | |
| Trade debts | 44 | €0 | €143 | +€143 | |
| Suppliers | 440/4 | €0 | €143 | +€143 | |
| Taxes, remuneration and social security | 45 | €21,303 | €12,233 | -€9,070 | -42.6% |
| Taxes | 450/3 | €21,303 | €12,233 | -€9,070 | -42.6% |
| Other amounts payable | 47/48 | €98,435 | €122,534 | +€24,099 | +24.5% |
| Accrued charges and deferred income | 492/3 | - | €67 | +€67 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,194 | €1,775 | +€581 | +48.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €21,000 | -€10,000 | -€31,000 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €98,081 | €85,804 | -€12,277 | -12.5% |
| Operating profit (loss) | 9901 | €75,499 | €93,629 | +€18,130 | +24.0% |
| Financial income | 75/76B | €13,935 | €17,212 | +€3,277 | +23.5% |
| Recurring financial income | 75 | €13,935 | €17,212 | +€3,277 | +23.5% |
| Financial charges | 65/66B | €701 | €655 | -€46 | -6.5% |
| Recurring financial charges | 65 | €701 | €655 | -€46 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €88,733 | €110,186 | +€21,453 | +24.2% |
| Income taxes | 67/77 | €24,289 | €30,664 | +€6,375 | +26.2% |
| Profit (loss) for the period | 9904 | €64,444 | €79,522 | +€15,078 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,444 | €79,522 | +€15,078 | +23.4% |
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 18 October 2026 via checked.be.