MED ASSIST: 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.
MED ASSIST
Largest movements
- Intangible fixed assets -€3,535
down €3,535 (-100%), from €3,535 to €0
- Receivables within one year +€3,120
up €3,120 (+50.0%), from €6,240 to €9,360
of which Trade receivables: +€9,360
- Cash -€666
down €666 (-89.5%), from €744 to €78
mainly Other debts (-€249,392) and Current portion of long-term debt (-€8,683)
- Debts after one year +€250,000
up €250,000 (+1,029%), from €24,287 to €274,287
- Other debts -€249,392
down €249,392 (-93.4%), from €267,022 to €17,630
- Current portion of long-term debt -€8,683
down €8,683 (-61.6%), from €14,104 to €5,421
- Trade debts +€4,097
up €4,097 (+86.8%), from €4,720 to €8,818
- Profit (loss) carried forward +€2,274
up €2,274 (+0.5%), from -€435,131 to -€432,857
- Gross operating margin -€7,021
down €7,021 (-48.6%), from €14,446 to €7,425
- Depreciation -€1,209
down €1,209 (-25.5%), from €4,744 to €3,535
- Financial charges -€1,192
down €1,192 (-59.0%), from €2,021 to €830
- Other operating charges -€263
no longer reported in 2024 (was €263)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,519 | €9,438 | -€1,081 | -10.3% |
| Fixed assets | 21/28 | €3,535 | €0 | -€3,535 | -100% |
| Intangible fixed assets | 21 | €3,535 | €0 | -€3,535 | -100% |
| Current assets | 29/58 | €6,984 | €9,438 | +€2,454 | +35.1% |
| Amounts receivable within one year | 40/41 | €6,240 | €9,360 | +€3,120 | +50.0% |
| Trade receivables | 40 | - | €9,360 | +€9,360 | |
| Other amounts receivable | 41 | €6,240 | - | -€6,240 | |
| Cash at bank and in hand | 54/58 | €744 | €78 | -€666 | -89.5% |
| Total equity and liabilities | 10/49 | €10,519 | €9,438 | -€1,081 | -10.3% |
| Equity | 10/15 | -€322,009 | -€319,735 | +€2,274 | +0.7% |
| Contributions | 10/11 | €112,198 | €112,198 | = | 0.0% |
| Reserves | 13 | €924 | €924 | = | 0.0% |
| Distributable reserves | 133 | €924 | €924 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€435,131 | -€432,857 | +€2,274 | +0.5% |
| Amounts payable | 17/49 | €332,528 | €329,173 | -€3,355 | -1.0% |
| Amounts payable after more than one year | 17 | €24,287 | €274,287 | +€250,000 | +1,029% |
| Financial debts | 170/4 | €24,287 | €274,287 | +€250,000 | +1,029% |
| Amounts payable within one year | 42/48 | €308,077 | €54,886 | -€253,191 | -82.2% |
| Current portion of amounts payable after more than one year | 42 | €14,104 | €5,421 | -€8,683 | -61.6% |
| Financial debts | 43 | €10,153 | €10,153 | = | 0.0% |
| Credit institutions | 430/8 | €10,153 | €10,153 | = | 0.0% |
| Trade debts | 44 | €4,720 | €8,818 | +€4,097 | +86.8% |
| Suppliers | 440/4 | €4,720 | €8,818 | +€4,097 | +86.8% |
| Taxes, remuneration and social security | 45 | €12,077 | €12,863 | +€786 | +6.5% |
| Taxes | 450/3 | €12,077 | €12,863 | +€786 | +6.5% |
| Other amounts payable | 47/48 | €267,022 | €17,630 | -€249,392 | -93.4% |
| Accrued charges and deferred income | 492/3 | €164 | - | -€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,744 | €3,535 | -€1,209 | -25.5% |
| Other operating charges | 640/8 | €263 | - | -€263 | |
| Gross operating margin | 9900 | €14,446 | €7,425 | -€7,021 | -48.6% |
| Operating profit (loss) | 9901 | €9,439 | €3,890 | -€5,549 | -58.8% |
| Financial charges | 65/66B | €2,021 | €830 | -€1,192 | -59.0% |
| Recurring financial charges | 65 | €2,021 | €830 | -€1,192 | -59.0% |
| Profit (loss) for the period before taxes | 9903 | €7,418 | €3,061 | -€4,357 | -58.7% |
| Income taxes | 67/77 | €863 | €786 | -€76 | -8.8% |
| Profit (loss) for the period | 9904 | €6,556 | €2,274 | -€4,281 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,556 | €2,274 | -€4,281 | -65.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.