MED ESTHETIQUE: 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 ESTHETIQUE
Largest movements
- Cash -€22,163
down €22,163 (-75.3%), from €29,451 to €7,289
mainly Net result for the year (-€74,658) and Debts after one year (-€14,058)
- Tangible fixed assets -€22,074
down €22,074 (-27.7%), from €79,713 to €57,639
of which Plant, machinery and equipment: -€21,227
- Stocks and contracts -€9,945
down €9,945 (-43.8%), from €22,730 to €12,785
- Intangible fixed assets -€4,040
down €4,040 (-40.3%), from €10,027 to €5,988
- Receivables within one year +€2,174
new in 2025: €2,174
- Profit (loss) carried forward -€74,658
down €74,658 (-8,065%), from -€926 to -€75,584
- Trade debts +€40,428
up €40,428 (+141%), from €28,647 to €69,075
- Debts after one year -€14,058
down €14,058 (-23.4%), from €60,153 to €46,095
- Other debts -€7,317
down €7,317 (-44.2%), from €16,565 to €9,248
- Gross operating margin -€62,630
down €62,630, from €30,274 to -€32,355
- Depreciation +€5,092
up €5,092 (+17.1%), from €29,762 to €34,854
- Other operating charges +€3,051
up €3,051 (+341%), from €896 to €3,946
- Financial charges +€483
up €483 (+15.4%), from €3,137 to €3,621
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 | €142,609 | €87,471 | -€55,137 | -38.7% |
| Fixed assets | 21/28 | €89,741 | €63,627 | -€26,114 | -29.1% |
| Intangible fixed assets | 21 | €10,027 | €5,988 | -€4,040 | -40.3% |
| Tangible fixed assets | 22/27 | €79,713 | €57,639 | -€22,074 | -27.7% |
| Plant, machinery and equipment | 23 | €73,958 | €52,730 | -€21,227 | -28.7% |
| Furniture and vehicles | 24 | €341 | €226 | -€116 | -33.9% |
| Other tangible fixed assets | 26 | €5,415 | €4,683 | -€731 | -13.5% |
| Current assets | 29/58 | €52,868 | €23,844 | -€29,024 | -54.9% |
| Stocks and contracts in progress | 3 | €22,730 | €12,785 | -€9,945 | -43.8% |
| Stocks | 30/36 | €22,730 | €12,785 | -€9,945 | -43.8% |
| Amounts receivable within one year | 40/41 | - | €2,174 | +€2,174 | |
| Trade receivables | 40 | - | €2,174 | +€2,174 | |
| Cash at bank and in hand | 54/58 | €29,451 | €7,289 | -€22,163 | -75.3% |
| Deferred charges and accrued income | 490/1 | €687 | €1,597 | +€910 | +133% |
| Total equity and liabilities | 10/49 | €142,609 | €87,471 | -€55,137 | -38.7% |
| Equity | 10/15 | €17,674 | -€56,984 | -€74,658 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€926 | -€75,584 | -€74,658 | -8,065% |
| Amounts payable | 17/49 | €124,934 | €144,455 | +€19,521 | +15.6% |
| Amounts payable after more than one year | 17 | €60,153 | €46,095 | -€14,058 | -23.4% |
| Financial debts | 170/4 | €60,153 | €46,095 | -€14,058 | -23.4% |
| Amounts payable within one year | 42/48 | €64,781 | €98,359 | +€33,579 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | €14,881 | €14,058 | -€823 | -5.5% |
| Trade debts | 44 | €28,647 | €69,075 | +€40,428 | +141% |
| Suppliers | 440/4 | €28,647 | €69,075 | +€40,428 | +141% |
| Taxes, remuneration and social security | 45 | €4,688 | €5,979 | +€1,291 | +27.5% |
| Taxes | 450/3 | €2,188 | €3,479 | +€1,291 | +59.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €16,565 | €9,248 | -€7,317 | -44.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,762 | €34,854 | +€5,092 | +17.1% |
| Other operating charges | 640/8 | €896 | €3,946 | +€3,051 | +341% |
| Gross operating margin | 9900 | €30,274 | -€32,355 | -€62,630 | |
| Operating profit (loss) | 9901 | -€383 | -€71,155 | -€70,772 | -18,455% |
| Financial income | 75/76B | €339 | €126 | -€213 | -62.7% |
| Recurring financial income | 75 | €339 | €126 | -€213 | -62.7% |
| Financial charges | 65/66B | €3,137 | €3,621 | +€483 | +15.4% |
| Recurring financial charges | 65 | €3,137 | €3,621 | +€483 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,182 | -€74,650 | -€71,468 | -2,246% |
| Income taxes | 67/77 | €10 | €8 | -€3 | -24.6% |
| Profit (loss) for the period | 9904 | -€3,193 | -€74,658 | -€71,465 | -2,239% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,193 | -€74,658 | -€71,465 | -2,239% |
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 23 October 2026 via checked.be.