MED@ CONSULTING: 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@ CONSULTING
Largest movements
- Receivables within one year +€203,548
up €203,548 (+33.8%), from €602,493 to €806,041
of which Trade receivables: +€202,600
- Other debts +€265,736
up €265,736 (+182%), from €145,828 to €411,563
- Reserves -€172,739
down €172,739 (-29.3%), from €589,411 to €416,672
of which Distributable reserves: -€172,739
- Tax, wage and social debts +€122,614
up €122,614 (+203%), from €60,529 to €183,143
of which Taxes: +€121,946
- Accrued charges and deferred income +€48,881
up €48,881 (+90.7%), from €53,910 to €102,792
- Trade debts -€46,294
down €46,294 (-29.1%), from €159,217 to €112,923
- Gross operating margin +€224,969
up €224,969 (+128%), from €175,166 to €400,135
- Taxes +€83,305
up €83,305 (+319%), from €26,132 to €109,437
- Other operating charges -€32,816
down €32,816 (-95.8%), from €34,262 to €1,447
- Financial income +€9,567
up €9,567 (+108%), from €8,887 to €18,454
- Write-downs +€4,840
new in 2025: €4,840
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 | €1,035,574 | €1,244,439 | +€208,865 | +20.2% |
| Fixed assets | 21/28 | €39,362 | €33,897 | -€5,465 | -13.9% |
| Intangible fixed assets | 21 | €8,470 | €10,005 | +€1,535 | +18.1% |
| Tangible fixed assets | 22/27 | €30,892 | €23,892 | -€7,000 | -22.7% |
| Furniture and vehicles | 24 | €24,147 | €17,147 | -€7,000 | -29.0% |
| Other tangible fixed assets | 26 | €6,745 | €6,745 | = | 0.0% |
| Current assets | 29/58 | €996,212 | €1,210,542 | +€214,329 | +21.5% |
| Amounts receivable within one year | 40/41 | €602,493 | €806,041 | +€203,548 | +33.8% |
| Trade receivables | 40 | €561,646 | €764,246 | +€202,600 | +36.1% |
| Other amounts receivable | 41 | €40,846 | €41,795 | +€948 | +2.3% |
| Cash at bank and in hand | 54/58 | €388,750 | €394,603 | +€5,853 | +1.5% |
| Deferred charges and accrued income | 490/1 | €4,970 | €9,898 | +€4,928 | +99.2% |
| Total equity and liabilities | 10/49 | €1,035,574 | €1,244,439 | +€208,865 | +20.2% |
| Equity | 10/15 | €595,611 | €422,872 | -€172,739 | -29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €589,411 | €416,672 | -€172,739 | -29.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €587,551 | €414,812 | -€172,739 | -29.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €439,963 | €821,567 | +€381,604 | +86.7% |
| Amounts payable within one year | 42/48 | €386,052 | €718,775 | +€332,723 | +86.2% |
| Financial debts | 43 | €20,479 | €11,146 | -€9,333 | -45.6% |
| Credit institutions | 430/8 | €20,479 | €11,146 | -€9,333 | -45.6% |
| Trade debts | 44 | €159,217 | €112,923 | -€46,294 | -29.1% |
| Suppliers | 440/4 | €159,217 | €112,923 | -€46,294 | -29.1% |
| Taxes, remuneration and social security | 45 | €60,529 | €183,143 | +€122,614 | +203% |
| Taxes | 450/3 | €51,637 | €173,583 | +€121,946 | +236% |
| Remuneration and social security | 454/9 | €8,892 | €9,560 | +€668 | +7.5% |
| Other amounts payable | 47/48 | €145,828 | €411,563 | +€265,736 | +182% |
| Accrued charges and deferred income | 492/3 | €53,910 | €102,792 | +€48,881 | +90.7% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Remuneration, social security and pensions | 62 | €49,880 | €52,636 | +€2,756 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,789 | €9,311 | +€3,522 | +60.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,840 | +€4,840 | |
| Other operating charges | 640/8 | €34,262 | €1,447 | -€32,816 | -95.8% |
| Gross operating margin | 9900 | €175,166 | €400,135 | +€224,969 | +128% |
| Operating profit (loss) | 9901 | €85,234 | €331,901 | +€246,667 | +289% |
| Financial income | 75/76B | €8,887 | €18,454 | +€9,567 | +108% |
| Recurring financial income | 75 | €8,887 | €18,454 | +€9,567 | +108% |
| Financial charges | 65/66B | €1,929 | €2,094 | +€165 | +8.5% |
| Recurring financial charges | 65 | €1,929 | €2,094 | +€165 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €92,192 | €348,261 | +€256,069 | +278% |
| Income taxes | 67/77 | €26,132 | €109,437 | +€83,305 | +319% |
| Profit (loss) for the period | 9904 | €66,059 | €238,824 | +€172,765 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €66,059 | €238,824 | +€172,765 | +262% |
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 21 October 2026 via checked.be.