MED ELEVATEURS: 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 ELEVATEURS
Largest movements
- Receivables within one year +€127,870
up €127,870 (+63.3%), from €201,853 to €329,723
of which Trade receivables: +€156,180
- Tangible fixed assets -€8,637
down €8,637 (-24.6%), from €35,171 to €26,533
of which Leasing and similar rights: -€10,062
- Trade debts +€50,582
up €50,582 (+37.8%), from €133,747 to €184,329
of which Suppliers: +€59,831
- Profit (loss) carried forward +€34,782
up €34,782 (+93.0%), from €37,416 to €72,197
- Tax, wage and social debts +€31,918
up €31,918 (+137.9%), from €23,154 to €55,071
of which Remuneration and social security: +€22,029
- Other debts +€10,745
new in 2025: €10,745
- Current portion of long-term debt -€4,339
down €4,339 (-83.4%), from €5,204 to €865
- Purchases and services -€101,580
down €101,580 (-12.3%), from €824,992 to €723,412
- Turnover -€95,206
down €95,206 (-10.8%), from €883,766 to €788,560
- Gross operating margin +€13,346
up €13,346 (+22.7%), from €58,774 to €72,120
- Other operating charges +€10,883
up €10,883 (+805.2%), from €1,352 to €12,235
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 | €241,734 | €365,421 | +€123,687 | +51.2% |
| Fixed assets | 21/28 | €35,171 | €29,033 | -€6,137 | -17.5% |
| Tangible fixed assets | 22/27 | €35,171 | €26,533 | -€8,637 | -24.6% |
| Plant, machinery and equipment | 23 | - | €3,696 | +€3,696 | |
| Furniture and vehicles | 24 | €4,984 | €2,713 | -€2,271 | -45.6% |
| Leasing and similar rights | 25 | €30,186 | €20,124 | -€10,062 | -33.3% |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €206,564 | €336,388 | +€129,825 | +62.8% |
| Amounts receivable within one year | 40/41 | €201,853 | €329,723 | +€127,870 | +63.3% |
| Trade receivables | 40 | €160,029 | €316,208 | +€156,180 | +97.6% |
| Other amounts receivable | 41 | €41,824 | €13,515 | -€28,309 | -67.7% |
| Cash at bank and in hand | 54/58 | €4,711 | €3,094 | -€1,617 | -34.3% |
| Deferred charges and accrued income | 490/1 | - | €3,571 | +€3,571 | |
| Total equity and liabilities | 10/49 | €241,734 | €365,421 | +€123,687 | +51.2% |
| Equity | 10/15 | €53,916 | €88,697 | +€34,782 | +64.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,500 | €1,500 | = | 0.0% |
| Distributable reserves | 133 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,416 | €72,197 | +€34,782 | +93.0% |
| Amounts payable | 17/49 | €187,819 | €276,724 | +€88,905 | +47.3% |
| Amounts payable after more than one year | 17 | €25,714 | €25,714 | = | 0.0% |
| Financial debts | 170/4 | €25,714 | €25,714 | = | 0.0% |
| Amounts payable within one year | 42/48 | €162,104 | €251,010 | +€88,905 | +54.8% |
| Current portion of amounts payable after more than one year | 42 | €5,204 | €865 | -€4,339 | -83.4% |
| Trade debts | 44 | €133,747 | €184,329 | +€50,582 | +37.8% |
| Suppliers | 440/4 | €124,498 | €184,329 | +€59,831 | +48.1% |
| Bills of exchange payable | 441 | €9,249 | - | -€9,249 | |
| Taxes, remuneration and social security | 45 | €23,154 | €55,071 | +€31,918 | +137.9% |
| Taxes | 450/3 | €11,400 | €21,289 | +€9,889 | +86.7% |
| Remuneration and social security | 454/9 | €11,754 | €33,782 | +€22,029 | +187.4% |
| Other amounts payable | 47/48 | - | €10,745 | +€10,745 | |
| Turnover | 70 | €883,766 | €788,560 | -€95,206 | -10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €824,992 | €723,412 | -€101,580 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,441 | €13,571 | +€8,130 | +149.4% |
| Other operating charges | 640/8 | €1,352 | €12,235 | +€10,883 | +805.2% |
| Gross operating margin | 9900 | €58,774 | €72,120 | +€13,346 | +22.7% |
| Operating profit (loss) | 9901 | €51,981 | €46,313 | -€5,668 | -10.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,665 | €1,644 | -€21 | -1.3% |
| Recurring financial charges | 65 | €1,665 | €1,644 | -€21 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €50,316 | €44,671 | -€5,645 | -11.2% |
| Income taxes | 67/77 | €11,400 | €9,889 | -€1,511 | -13.3% |
| Profit (loss) for the period | 9904 | €38,916 | €34,782 | -€4,134 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,916 | €34,782 | -€4,134 | -10.6% |
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 12 October 2026 via checked.be.