MARS MEDICA: 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.
MARS MEDICA
Largest movements
- Tangible fixed assets +€25,820
up €25,820 (+20.7%), from €124,624 to €150,444
of which Furniture and vehicles: +€41,799
- Intangible fixed assets -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Cash +€5,381
up €5,381 (+11.9%), from €45,129 to €50,511
mainly Depreciation (+€35,958) and Net result for the year (+€35,851)
- Reserves +€23,888
up €23,888 (+19.4%), from €123,113 to €147,001
of which Distributable reserves: +€23,888
- Gross operating margin +€11,372
up €11,372 (+13.0%), from €87,665 to €99,037
- Other operating charges +€8,691
up €8,691 (+429%), from €2,026 to €10,717
- Depreciation -€1,525
down €1,525 (-4.1%), from €37,483 to €35,958
- Taxes +€1,250
up €1,250 (+10.1%), from €12,426 to €13,676
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 | €226,238 | €248,356 | +€22,117 | +9.8% |
| Fixed assets | 21/28 | €154,649 | €170,469 | +€15,820 | +10.2% |
| Intangible fixed assets | 21 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Tangible fixed assets | 22/27 | €124,624 | €150,444 | +€25,820 | +20.7% |
| Land and buildings | 22 | €105,429 | €90,070 | -€15,359 | -14.6% |
| Plant, machinery and equipment | 23 | €1,330 | €710 | -€620 | -46.6% |
| Furniture and vehicles | 24 | €17,865 | €59,664 | +€41,799 | +234% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €71,589 | €77,886 | +€6,297 | +8.8% |
| Amounts receivable within one year | 40/41 | €25,777 | €25,849 | +€72 | +0.3% |
| Trade receivables | 40 | €18,892 | €25,849 | +€6,957 | +36.8% |
| Other amounts receivable | 41 | €6,885 | - | -€6,885 | |
| Cash at bank and in hand | 54/58 | €45,129 | €50,511 | +€5,381 | +11.9% |
| Deferred charges and accrued income | 490/1 | €683 | €1,527 | +€844 | +123% |
| Total equity and liabilities | 10/49 | €226,238 | €248,356 | +€22,117 | +9.8% |
| Equity | 10/15 | €145,895 | €169,783 | +€23,888 | +16.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €123,113 | €147,001 | +€23,888 | +19.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,766 | €16,766 | = | 0.0% |
| Distributable reserves | 133 | €104,487 | €128,375 | +€23,888 | +22.9% |
| Profit (loss) carried forward | 14 | €10,381 | €10,381 | = | 0.0% |
| Amounts payable | 17/49 | €80,344 | €78,573 | -€1,771 | -2.2% |
| Amounts payable after more than one year | 17 | €38,213 | €36,329 | -€1,884 | -4.9% |
| Financial debts | 170/4 | €38,213 | €36,329 | -€1,884 | -4.9% |
| Amounts payable within one year | 42/48 | €42,131 | €42,244 | +€113 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €21,309 | €19,516 | -€1,792 | -8.4% |
| Trade debts | 44 | €940 | €746 | -€194 | -20.7% |
| Suppliers | 440/4 | €940 | €746 | -€194 | -20.7% |
| Taxes, remuneration and social security | 45 | €8,382 | €9,624 | +€1,242 | +14.8% |
| Taxes | 450/3 | €8,382 | €9,624 | +€1,242 | +14.8% |
| Other amounts payable | 47/48 | €11,500 | €12,358 | +€858 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,483 | €35,958 | -€1,525 | -4.1% |
| Other operating charges | 640/8 | €2,026 | €10,717 | +€8,691 | +429% |
| Gross operating margin | 9900 | €87,665 | €99,037 | +€11,372 | +13.0% |
| Operating profit (loss) | 9901 | €48,156 | €52,362 | +€4,206 | +8.7% |
| Financial income | 75/76B | - | €254 | +€254 | |
| Recurring financial income | 75 | - | €254 | +€254 | |
| Financial charges | 65/66B | €3,565 | €3,089 | -€476 | -13.4% |
| Recurring financial charges | 65 | €3,565 | €3,089 | -€476 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €44,591 | €49,527 | +€4,935 | +11.1% |
| Income taxes | 67/77 | €12,426 | €13,676 | +€1,250 | +10.1% |
| Profit (loss) for the period | 9904 | €32,165 | €35,851 | +€3,686 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,165 | €35,851 | +€3,686 | +11.5% |
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 22 October 2026 via checked.be.