MED MANAGEMENT: 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 MANAGEMENT
Largest movements
- Stocks and contracts +€14,368
up €14,368 (+119.9%), from €11,988 to €26,356
- Receivables within one year -€9,661
down €9,661 (-62.8%), from €15,393 to €5,731
of which Trade receivables: -€11,097
- Cash -€6,407
down €6,407 (-18.4%), from €34,798 to €28,391
mainly Stocks and contracts (-€14,368) and Tax, wage and social debts (-€10,656)
- Tangible fixed assets +€2,269
up €2,269 (+21.4%), from €10,625 to €12,895
of which Furniture and vehicles: +€2,830
- Tax, wage and social debts -€10,656
down €10,656 (-55.3%), from €19,254 to €8,598
of which Taxes: -€5,845
- Profit (loss) carried forward +€6,696
up €6,696 (+35.4%), from €18,939 to €25,635
- Trade debts +€4,530
up €4,530 (+15.3%), from €29,611 to €34,141
- Gross operating margin -€12,497
down €12,497 (-15.2%), from €82,235 to €69,738
- Taxes -€5,570
down €5,570 (-95.9%), from €5,810 to €240
- Depreciation +€4,395
up €4,395 (+1719.5%), from €256 to €4,651
- Staff costs +€2,357
up €2,357 (+5.9%), from €39,715 to €42,073
- Other operating charges +€1,885
up €1,885 (+177.3%), from €1,063 to €2,948
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 | €72,804 | €73,373 | +€569 | +0.8% |
| Fixed assets | 21/28 | €10,625 | €12,895 | +€2,269 | +21.4% |
| Tangible fixed assets | 22/27 | €10,625 | €12,895 | +€2,269 | +21.4% |
| Plant, machinery and equipment | 23 | €1,442 | €882 | -€560 | -38.9% |
| Furniture and vehicles | 24 | €9,183 | €12,013 | +€2,830 | +30.8% |
| Current assets | 29/58 | €62,179 | €60,478 | -€1,700 | -2.7% |
| Stocks and contracts in progress | 3 | €11,988 | €26,356 | +€14,368 | +119.9% |
| Stocks | 30/36 | €11,988 | €26,356 | +€14,368 | +119.9% |
| Amounts receivable within one year | 40/41 | €15,393 | €5,731 | -€9,661 | -62.8% |
| Trade receivables | 40 | €15,365 | €4,267 | -€11,097 | -72.2% |
| Other amounts receivable | 41 | €28 | €1,464 | +€1,436 | +5168.1% |
| Cash at bank and in hand | 54/58 | €34,798 | €28,391 | -€6,407 | -18.4% |
| Total equity and liabilities | 10/49 | €72,804 | €73,373 | +€569 | +0.8% |
| Equity | 10/15 | €23,939 | €30,635 | +€6,696 | +28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,939 | €25,635 | +€6,696 | +35.4% |
| Amounts payable | 17/49 | €48,865 | €42,739 | -€6,126 | -12.5% |
| Amounts payable within one year | 42/48 | €48,865 | €42,739 | -€6,126 | -12.5% |
| Trade debts | 44 | €29,611 | €34,141 | +€4,530 | +15.3% |
| Suppliers | 440/4 | €29,611 | €34,141 | +€4,530 | +15.3% |
| Taxes, remuneration and social security | 45 | €19,254 | €8,598 | -€10,656 | -55.3% |
| Taxes | 450/3 | €5,867 | €22 | -€5,845 | -99.6% |
| Remuneration and social security | 454/9 | €13,387 | €8,576 | -€4,811 | -35.9% |
| Non-recurring operating income | 76A | - | €277 | +€277 | |
| Remuneration, social security and pensions | 62 | €39,715 | €42,073 | +€2,357 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256 | €4,651 | +€4,395 | +1719.5% |
| Other operating charges | 640/8 | €1,063 | €2,948 | +€1,885 | +177.3% |
| Non-recurring operating charges | 66A | €14,969 | €12,274 | -€2,695 | -18.0% |
| Gross operating margin | 9900 | €82,235 | €69,738 | -€12,497 | -15.2% |
| Operating profit (loss) | 9901 | €26,231 | €7,792 | -€18,439 | -70.3% |
| Financial charges | 65/66B | €1,482 | €857 | -€626 | -42.2% |
| Recurring financial charges | 65 | €1,482 | €857 | -€626 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €24,749 | €6,936 | -€17,814 | -72.0% |
| Income taxes | 67/77 | €5,810 | €240 | -€5,570 | -95.9% |
| Profit (loss) for the period | 9904 | €18,939 | €6,696 | -€12,244 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,939 | €6,696 | -€12,244 | -64.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.