MED-IMMO: what changed
Two fiscal 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-IMMO
Largest movements
- Current investments +€19,906
up €19,906 (+49.6%), from €40,129 to €60,035
- Tangible fixed assets -€6,000
down €6,000 (-9.3%), from €64,500 to €58,500
- Cash -€5,549
down €5,549 (-54.7%), from €10,140 to €4,591
mainly Current investments (-€19,906)
- Reserves +€6,200
up €6,200 (+10.9%), from €57,133 to €63,333
- Tax, wage and social debts +€2,150
up €2,150 (+95.6%), from €2,250 to €4,400
- Gross operating margin +€4,458
up €4,458 (+38.2%), from €11,683 to €16,141
- Taxes +€1,758
up €1,758 (+129.8%), from €1,354 to €3,112
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 | €114,769 | €123,126 | +€8,357 | +7.3% |
| Fixed assets | 21/28 | €64,500 | €58,500 | -€6,000 | -9.3% |
| Tangible fixed assets | 22/27 | €64,500 | €58,500 | -€6,000 | -9.3% |
| Land and buildings | 22 | €64,500 | €58,500 | -€6,000 | -9.3% |
| Current assets | 29/58 | €50,269 | €64,626 | +€14,357 | +28.6% |
| Current investments | 50/53 | €40,129 | €60,035 | +€19,906 | +49.6% |
| Cash at bank and in hand | 54/58 | €10,140 | €4,591 | -€5,549 | -54.7% |
| Total equity and liabilities | 10/49 | €114,769 | €123,126 | +€8,357 | +7.3% |
| Equity | 10/15 | €92,519 | €98,726 | +€6,207 | +6.7% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €57,133 | €63,333 | +€6,200 | +10.9% |
| Distributable reserves | 133 | €57,133 | €63,333 | +€6,200 | +10.9% |
| Profit (loss) carried forward | 14 | €15,555 | €15,562 | +€7 | 0.0% |
| Amounts payable | 17/49 | €22,250 | €24,400 | +€2,150 | +9.7% |
| Amounts payable within one year | 42/48 | €22,250 | €24,400 | +€2,150 | +9.7% |
| Trade debts | 44 | €20,000 | €20,000 | = | 0.0% |
| Suppliers | 440/4 | €20,000 | €20,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,250 | €4,400 | +€2,150 | +95.6% |
| Taxes | 450/3 | €2,250 | €4,400 | +€2,150 | +95.6% |
| Non-recurring operating income | 76A | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,000 | €6,000 | = | 0.0% |
| Other operating charges | 640/8 | €852 | €877 | +€25 | +2.9% |
| Gross operating margin | 9900 | €11,683 | €16,141 | +€4,458 | +38.2% |
| Operating profit (loss) | 9901 | €4,831 | €9,264 | +€4,433 | +91.8% |
| Financial income | 75/76B | €183 | €100 | -€83 | -45.4% |
| Recurring financial income | 75 | €183 | €100 | -€83 | -45.4% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,969 | €9,319 | +€4,350 | +87.5% |
| Income taxes | 67/77 | €1,354 | €3,112 | +€1,758 | +129.8% |
| Profit (loss) for the period | 9904 | €3,615 | €6,207 | +€2,592 | +71.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,615 | €6,207 | +€2,592 | +71.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.