MED GROUP: 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 GROUP
Largest movements
- Current assets +€1,825
up €1,825 (+16.8%), from €10,840 to €12,664
- Profit (loss) carried forward +€1,053
up €1,053 (+38.7%), from €2,721 to €3,774
- Debts +€717
up €717 (+40.4%), from €1,776 to €2,492
- Turnover +€36,925
new in 2020: €36,925
- Taxes -€835
down €835 (-69.3%), from €1,204 to €369
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,840 | €12,664 | +€1,825 | +16.8% |
| Current assets | 29/58 | €10,840 | €12,664 | +€1,825 | +16.8% |
| Cash at bank and in hand | 54/58 | €10,787 | €12,612 | +€1,825 | +16.9% |
| Total equity and liabilities | 10/49 | €10,840 | €12,664 | +€1,825 | +16.8% |
| Equity | 10/15 | €9,064 | €10,172 | +€1,108 | +12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €143 | €199 | +€55 | +38.7% |
| Profit (loss) carried forward | 14 | €2,721 | €3,774 | +€1,053 | +38.7% |
| Amounts payable | 17/49 | €1,776 | €2,492 | +€717 | +40.4% |
| Amounts payable within one year | 42/48 | €1,689 | €2,406 | +€717 | +42.4% |
| Trade debts | 44 | €150 | €150 | = | 0.0% |
| Turnover | 70 | - | €36,925 | +€36,925 | |
| Gross operating margin | 9900 | €1,750 | €1,653 | -€97 | -5.6% |
| Operating profit (loss) | 9901 | €1,750 | €1,653 | -€97 | -5.6% |
| Recurring financial charges | 65 | €19 | €175 | +€156 | +818% |
| Profit (loss) for the period before taxes | 9903 | €4,068 | €1,478 | -€2,590 | -63.7% |
| Income taxes | 67/77 | €1,204 | €369 | -€835 | -69.3% |
| Profit (loss) for the period | 9904 | €2,864 | €1,108 | -€1,755 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,864 | €1,108 | -€1,755 | -61.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.