MED EVENTS: 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 EVENTS
Largest movements
- Cash +€51,241
up €51,241 (+563.7%), from €9,090 to €60,330
mainly Net result for the year (+€79,767) and Trade debts (+€25,000)
- Receivables within one year +€36,849
up €36,849 (+328.9%), from €11,202 to €48,051
of which Trade receivables: +€34,871
- Deferred charges and accrued income +€23,657
new in 2025: €23,657
- Intangible fixed assets -€10,000
down €10,000 (-55.2%), from €18,108 to €8,108
- Tangible fixed assets -€3,375
down €3,375 (-8.5%), from €39,906 to €36,530
of which Plant, machinery and equipment: -€4,414
- Profit (loss) carried forward +€79,767
up €79,767 (+48.0%), from -€166,035 to -€86,268
- Trade debts +€25,000
up €25,000 (+78.5%), from €31,833 to €56,833
- Debts after one year -€8,900
down €8,900 (-9.0%), from €98,853 to €89,953
- Other debts +€2,504
up €2,504 (+4.2%), from €58,913 to €61,417
- Turnover -€66,838
down €66,838 (-25.2%), from €264,850 to €198,012
- Gross operating margin -€54,881
down €54,881 (-35.5%), from €154,503 to €99,622
- Purchases and services -€14,223
down €14,223 (-12.1%), from €117,792 to €103,569
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 | €97,806 | €196,178 | +€98,372 | +100.6% |
| Fixed assets | 21/28 | €77,514 | €64,138 | -€13,375 | -17.3% |
| Intangible fixed assets | 21 | €18,108 | €8,108 | -€10,000 | -55.2% |
| Tangible fixed assets | 22/27 | €39,906 | €36,530 | -€3,375 | -8.5% |
| Land and buildings | 22 | - | €3,714 | +€3,714 | |
| Plant, machinery and equipment | 23 | €27,226 | €22,812 | -€4,414 | -16.2% |
| Furniture and vehicles | 24 | €12,680 | €10,004 | -€2,676 | -21.1% |
| Financial fixed assets | 28 | €19,500 | €19,500 | = | 0.0% |
| Current assets | 29/58 | €20,292 | €132,039 | +€111,747 | +550.7% |
| Amounts receivable within one year | 40/41 | €11,202 | €48,051 | +€36,849 | +328.9% |
| Trade receivables | 40 | €0 | €34,871 | +€34,871 | |
| Other amounts receivable | 41 | €11,202 | €13,180 | +€1,978 | +17.7% |
| Cash at bank and in hand | 54/58 | €9,090 | €60,330 | +€51,241 | +563.7% |
| Deferred charges and accrued income | 490/1 | - | €23,657 | +€23,657 | |
| Total equity and liabilities | 10/49 | €97,806 | €196,178 | +€98,372 | +100.6% |
| Equity | 10/15 | -€157,975 | -€78,208 | +€79,767 | +50.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,035 | -€86,268 | +€79,767 | +48.0% |
| Amounts payable | 17/49 | €255,781 | €274,386 | +€18,604 | +7.3% |
| Amounts payable after more than one year | 17 | €98,853 | €89,953 | -€8,900 | -9.0% |
| Financial debts | 170/4 | €98,853 | €89,953 | -€8,900 | -9.0% |
| Amounts payable within one year | 42/48 | €156,929 | €184,433 | +€27,504 | +17.5% |
| Trade debts | 44 | €31,833 | €56,833 | +€25,000 | +78.5% |
| Suppliers | 440/4 | €31,833 | €56,833 | +€25,000 | +78.5% |
| Advances received on contracts in progress | 46 | €66,183 | €66,183 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €58,913 | €61,417 | +€2,504 | +4.2% |
| Turnover | 70 | €264,850 | €198,012 | -€66,838 | -25.2% |
| Non-recurring operating income | 76A | €7,445 | - | -€7,445 | |
| Goods, raw materials, services and sundry goods | 60/61 | €117,792 | €103,569 | -€14,223 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,457 | €18,190 | -€1,266 | -6.5% |
| Other operating charges | 640/8 | €1,637 | €1,607 | -€30 | -1.8% |
| Gross operating margin | 9900 | €154,503 | €99,622 | -€54,881 | -35.5% |
| Operating profit (loss) | 9901 | €133,409 | €79,824 | -€53,585 | -40.2% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | - | €57 | +€57 | |
| Recurring financial charges | 65 | - | €57 | +€57 | |
| Profit (loss) for the period before taxes | 9903 | €133,411 | €79,767 | -€53,644 | -40.2% |
| Income taxes | 67/77 | €1,272 | - | -€1,272 | |
| Profit (loss) for the period | 9904 | €132,139 | €79,767 | -€52,372 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €132,139 | €79,767 | -€52,372 | -39.6% |
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 11 October 2026 via checked.be.