MASIMO: what changed
Two fiscal 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.
MASIMO
Largest movements
- Cash -€31,543
down €31,543 (-72.5%), from €43,525 to €11,982
mainly Investment in fixed assets (net) (-€75,402) and Debts after one year (-€49,407)
- Tangible fixed assets +€7,336
up €7,336 (+2.5%), from €289,974 to €297,310
of which Land and buildings: +€24,097
- Financial fixed assets +€6,716
up €6,716 (+237.7%), from €2,825 to €9,541
- Receivables within one year +€6,534
up €6,534 (+2178.0%), from €300 to €6,834
of which Other amounts receivable: +€5,311
- Debts after one year -€49,407
down €49,407 (-22.0%), from €224,875 to €175,469
- Trade debts +€16,954
up €16,954 (+740.4%), from €2,290 to €19,244
- Other debts +€10,000
new in 2025: €10,000
- Reserves +€6,570
up €6,570 (+48.9%), from €13,435 to €20,005
- Current portion of long-term debt +€6,482
up €6,482 (+8.7%), from €74,541 to €81,024
- Depreciation +€1,582
up €1,582 (+2.6%), from €59,769 to €61,350
- Financial charges -€1,497
down €1,497 (-13.2%), from €11,333 to €9,836
- Staff costs +€1,231
up €1,231 (+8.3%), from €14,815 to €16,046
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.
Cash bridge derived
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 | €336,624 | €325,667 | -€10,957 | -3.3% |
| Fixed assets | 21/28 | €292,799 | €306,851 | +€14,051 | +4.8% |
| Tangible fixed assets | 22/27 | €289,974 | €297,310 | +€7,336 | +2.5% |
| Land and buildings | 22 | - | €24,097 | +€24,097 | |
| Plant, machinery and equipment | 23 | €173,703 | €137,621 | -€36,082 | -20.8% |
| Furniture and vehicles | 24 | €2,588 | €5,345 | +€2,758 | +106.6% |
| Leasing and similar rights | 25 | €113,684 | €130,247 | +€16,564 | +14.6% |
| Financial fixed assets | 28 | €2,825 | €9,541 | +€6,716 | +237.7% |
| Current assets | 29/58 | €43,825 | €18,816 | -€25,009 | -57.1% |
| Amounts receivable within one year | 40/41 | €300 | €6,834 | +€6,534 | +2178.0% |
| Trade receivables | 40 | - | €1,223 | +€1,223 | |
| Other amounts receivable | 41 | €300 | €5,611 | +€5,311 | +1770.4% |
| Cash at bank and in hand | 54/58 | €43,525 | €11,982 | -€31,543 | -72.5% |
| Total equity and liabilities | 10/49 | €336,624 | €325,667 | -€10,957 | -3.3% |
| Equity | 10/15 | €32,035 | €38,605 | +€6,570 | +20.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,435 | €20,005 | +€6,570 | +48.9% |
| Distributable reserves | 133 | €13,435 | €20,005 | +€6,570 | +48.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €304,589 | €287,062 | -€17,527 | -5.8% |
| Amounts payable after more than one year | 17 | €224,875 | €175,469 | -€49,407 | -22.0% |
| Financial debts | 170/4 | €224,875 | €175,469 | -€49,407 | -22.0% |
| Amounts payable within one year | 42/48 | €79,714 | €111,491 | +€31,777 | +39.9% |
| Current portion of amounts payable after more than one year | 42 | €74,541 | €81,024 | +€6,482 | +8.7% |
| Trade debts | 44 | €2,290 | €19,244 | +€16,954 | +740.4% |
| Suppliers | 440/4 | €2,290 | €19,244 | +€16,954 | +740.4% |
| Taxes, remuneration and social security | 45 | €2,883 | €1,223 | -€1,660 | -57.6% |
| Taxes | 450/3 | €2,883 | €199 | -€2,684 | -93.1% |
| Remuneration and social security | 454/9 | - | €1,024 | +€1,024 | |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | - | €103 | +€103 | |
| Remuneration, social security and pensions | 62 | €14,815 | €16,046 | +€1,231 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,769 | €61,350 | +€1,582 | +2.6% |
| Other operating charges | 640/8 | €4,797 | €4,802 | +€6 | +0.1% |
| Gross operating margin | 9900 | €99,347 | €98,604 | -€743 | -0.7% |
| Operating profit (loss) | 9901 | €19,967 | €16,405 | -€3,562 | -17.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,333 | €9,836 | -€1,497 | -13.2% |
| Recurring financial charges | 65 | €11,333 | €9,836 | -€1,497 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €8,634 | €6,570 | -€2,064 | -23.9% |
| Profit (loss) for the period | 9904 | €8,634 | €6,570 | -€2,064 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,634 | €6,570 | -€2,064 | -23.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.