MED-CNOCK: 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-CNOCK
Largest movements
- Tangible fixed assets -€15,955
down €15,955 (-25.7%), from €62,135 to €46,180
of which Furniture and vehicles: -€15,131
- Cash -€10,317
down €10,317 (-25.0%), from €41,190 to €30,873
mainly Net result for the year (-€25,052) and Contributions, distributions and other (-€17,618)
- Receivables within one year -€10,070
down €10,070 (-60.3%), from €16,703 to €6,633
- Profit (loss) carried forward -€25,052
down €25,052 (-514%), from -€4,873 to -€29,926
- Reserves -€17,618
down €17,618 (-25.7%), from €68,499 to €50,881
of which Distributable reserves: -€17,618
- Other debts +€7,757
up €7,757 (+76.9%), from €10,083 to €17,840
- Trade debts -€2,090
down €2,090 (-90.5%), from €2,309 to €219
- Taxes +€616
up €616, from -€520 to €96
- Depreciation -€488
down €488 (-3.0%), from €16,444 to €15,955
- Gross operating margin -€334
down €334 (-4.7%), from -€7,123 to -€7,457
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 | €121,564 | €85,025 | -€36,539 | -30.1% |
| Fixed assets | 21/28 | €62,135 | €46,180 | -€15,955 | -25.7% |
| Tangible fixed assets | 22/27 | €62,135 | €46,180 | -€15,955 | -25.7% |
| Plant, machinery and equipment | 23 | €1,451 | €704 | -€747 | -51.5% |
| Furniture and vehicles | 24 | €54,503 | €39,372 | -€15,131 | -27.8% |
| Other tangible fixed assets | 26 | €6,180 | €6,104 | -€77 | -1.2% |
| Current assets | 29/58 | €59,429 | €38,845 | -€20,584 | -34.6% |
| Amounts receivable within one year | 40/41 | €16,703 | €6,633 | -€10,070 | -60.3% |
| Other amounts receivable | 41 | €16,703 | €6,633 | -€10,070 | -60.3% |
| Cash at bank and in hand | 54/58 | €41,190 | €30,873 | -€10,317 | -25.0% |
| Deferred charges and accrued income | 490/1 | €1,537 | €1,339 | -€197 | -12.8% |
| Total equity and liabilities | 10/49 | €121,564 | €85,025 | -€36,539 | -30.1% |
| Equity | 10/15 | €74,435 | €31,764 | -€42,670 | -57.3% |
| Contributions | 10/11 | €10,809 | €10,809 | = | 0.0% |
| Reserves | 13 | €68,499 | €50,881 | -€17,618 | -25.7% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €63,499 | €45,881 | -€17,618 | -27.7% |
| Profit (loss) carried forward | 14 | -€4,873 | -€29,926 | -€25,052 | -514% |
| Amounts payable | 17/49 | €47,129 | €53,261 | +€6,131 | +13.0% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,436 | €21,928 | +€6,492 | +42.1% |
| Trade debts | 44 | €2,309 | €219 | -€2,090 | -90.5% |
| Suppliers | 440/4 | €2,309 | €219 | -€2,090 | -90.5% |
| Taxes, remuneration and social security | 45 | €3,044 | €3,869 | +€826 | +27.1% |
| Taxes | 450/3 | €3,044 | €3,869 | +€826 | +27.1% |
| Other amounts payable | 47/48 | €10,083 | €17,840 | +€7,757 | +76.9% |
| Accrued charges and deferred income | 492/3 | €1,694 | €1,333 | -€361 | -21.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,444 | €15,955 | -€488 | -3.0% |
| Other operating charges | 640/8 | €655 | €633 | -€22 | -3.3% |
| Non-recurring operating charges | 66A | €238 | €0 | -€238 | -100% |
| Gross operating margin | 9900 | -€7,123 | -€7,457 | -€334 | -4.7% |
| Operating profit (loss) | 9901 | -€24,459 | -€24,045 | +€414 | +1.7% |
| Financial income | 75/76B | €914 | €928 | +€13 | +1.5% |
| Recurring financial income | 75 | €914 | €928 | +€13 | +1.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,822 | €1,839 | +€17 | +0.9% |
| Recurring financial charges | 65 | €1,822 | €1,839 | +€17 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,366 | -€24,956 | +€410 | +1.6% |
| Income taxes | 67/77 | -€520 | €96 | +€616 | |
| Profit (loss) for the period | 9904 | -€24,847 | -€25,052 | -€205 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,847 | -€25,052 | -€205 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.