MED-I-MART: 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-I-MART
Largest movements
- Tangible fixed assets -€90,620
down €90,620 (-17.7%), from €512,898 to €422,277
of which Land and buildings: -€68,404
- Cash +€77,291
up €77,291 (+509%), from €15,192 to €92,484
mainly Net result for the year (+€167,118) and Other debts (+€77,491)
- Receivables after one year -€42,517
down €42,517 (-100%), from €42,517 to €0
- Debts after one year -€92,888
down €92,888 (-46.0%), from €201,831 to €108,943
- Other debts +€77,491
new in 2025: €77,491
- Reserves -€22,232
down €22,232 (-5.2%), from €428,559 to €406,327
- Trade debts -€13,693
down €13,693 (-89.5%), from €15,295 to €1,601
- Current portion of long-term debt -€12,345
down €12,345 (-36.5%), from €33,792 to €21,447
- Gross operating margin +€144,518
up €144,518 (+97.3%), from €148,455 to €292,974
- Taxes +€50,244
up €50,244 (+222%), from €22,610 to €72,854
- Depreciation -€4,491
down €4,491 (-10.3%), from €43,461 to €38,970
- Other operating charges -€3,475
down €3,475 (-58.3%), from €5,963 to €2,489
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 | €711,421 | €654,982 | -€56,438 | -7.9% |
| Fixed assets | 21/28 | €513,823 | €423,202 | -€90,620 | -17.6% |
| Tangible fixed assets | 22/27 | €512,898 | €422,277 | -€90,620 | -17.7% |
| Land and buildings | 22 | €475,986 | €407,582 | -€68,404 | -14.4% |
| Furniture and vehicles | 24 | €36,912 | €14,695 | -€22,217 | -60.2% |
| Financial fixed assets | 28 | €925 | €925 | = | 0.0% |
| Current assets | 29/58 | €197,598 | €231,780 | +€34,182 | +17.3% |
| Amounts receivable after more than one year | 29 | €42,517 | €0 | -€42,517 | -100% |
| Other amounts receivable | 291 | €42,517 | €0 | -€42,517 | -100% |
| Amounts receivable within one year | 40/41 | €137,886 | €136,854 | -€1,032 | -0.7% |
| Trade receivables | 40 | €119,051 | €112,547 | -€6,504 | -5.5% |
| Other amounts receivable | 41 | €18,835 | €24,307 | +€5,472 | +29.1% |
| Cash at bank and in hand | 54/58 | €15,192 | €92,484 | +€77,291 | +509% |
| Deferred charges and accrued income | 490/1 | €2,003 | €2,442 | +€440 | +21.9% |
| Total equity and liabilities | 10/49 | €711,421 | €654,982 | -€56,438 | -7.9% |
| Equity | 10/15 | €434,759 | €412,527 | -€22,232 | -5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €428,559 | €406,327 | -€22,232 | -5.2% |
| Distributable reserves | 133 | €428,559 | €406,327 | -€22,232 | -5.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €276,662 | €242,456 | -€34,206 | -12.4% |
| Amounts payable after more than one year | 17 | €201,831 | €108,943 | -€92,888 | -46.0% |
| Financial debts | 170/4 | €201,831 | €108,943 | -€92,888 | -46.0% |
| Amounts payable within one year | 42/48 | €74,438 | €133,513 | +€59,075 | +79.4% |
| Current portion of amounts payable after more than one year | 42 | €33,792 | €21,447 | -€12,345 | -36.5% |
| Financial debts | 43 | €6,035 | €7,317 | +€1,282 | +21.2% |
| Credit institutions | 430/8 | €6,035 | €7,317 | +€1,282 | +21.2% |
| Trade debts | 44 | €15,295 | €1,601 | -€13,693 | -89.5% |
| Suppliers | 440/4 | €15,295 | €1,601 | -€13,693 | -89.5% |
| Taxes, remuneration and social security | 45 | €19,317 | €25,657 | +€6,340 | +32.8% |
| Taxes | 450/3 | €19,317 | €25,657 | +€6,340 | +32.8% |
| Other amounts payable | 47/48 | - | €77,491 | +€77,491 | |
| Accrued charges and deferred income | 492/3 | €393 | €0 | -€393 | -100% |
| Non-recurring operating income | 76A | €24,330 | €34,902 | +€10,572 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,461 | €38,970 | -€4,491 | -10.3% |
| Other operating charges | 640/8 | €5,963 | €2,489 | -€3,475 | -58.3% |
| Gross operating margin | 9900 | €148,455 | €292,974 | +€144,518 | +97.3% |
| Operating profit (loss) | 9901 | €99,031 | €251,515 | +€152,484 | +154% |
| Financial income | 75/76B | €2 | €2 | -€0 | -13.9% |
| Recurring financial income | 75 | €2 | €2 | -€0 | -13.9% |
| Financial charges | 65/66B | €11,939 | €11,545 | -€394 | -3.3% |
| Recurring financial charges | 65 | €11,939 | €11,545 | -€394 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €87,094 | €239,972 | +€152,877 | +176% |
| Income taxes | 67/77 | €22,610 | €72,854 | +€50,244 | +222% |
| Profit (loss) for the period | 9904 | €64,485 | €167,118 | +€102,633 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €64,485 | €167,118 | +€102,633 | +159% |
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 22 October 2026 via checked.be.