MED OFFICE: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
MED OFFICE
Largest movements
- Receivables within one year -€11,387
down €11,387 (-7.0%), from €162,954 to €151,566
of which Other amounts receivable: -€33,181
- Tangible fixed assets -€7,848
down €7,848 (-30.1%), from €26,081 to €18,233
of which Plant, machinery and equipment: -€3,980
- Financial fixed assets -€3,278
down €3,278 (-35.1%), from €9,335 to €6,057
- Profit (loss) carried forward -€110,809
down €110,809 (-322%), from -€34,422 to -€145,231
- Other debts +€58,650
up €58,650 (+411%), from €14,270 to €72,920
- Trade debts +€28,691
up €28,691 (+35.2%), from €81,606 to €110,297
- Current portion of long-term debt -€15,297
down €15,297 (-57.4%), from €26,637 to €11,340
- Tax, wage and social debts +€13,079
up €13,079 (+16.4%), from €79,548 to €92,628
of which Remuneration and social security: +€11,290
- Staff costs +€46,218
up €46,218 (+12.7%), from €363,517 to €409,735
- Gross operating margin +€36,725
up €36,725 (+10.9%), from €335,806 to €372,530
- Other operating charges -€8,087
down €8,087 (-99.2%), from €8,149 to €62
- Financial charges +€4,046
up €4,046 (+57.3%), from €7,057 to €11,103
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,952 | €177,997 | -€22,956 | -11.4% |
| Fixed assets | 21/28 | €35,416 | €24,290 | -€11,126 | -31.4% |
| Tangible fixed assets | 22/27 | €26,081 | €18,233 | -€7,848 | -30.1% |
| Plant, machinery and equipment | 23 | €17,889 | €13,909 | -€3,980 | -22.2% |
| Furniture and vehicles | 24 | €8,192 | €4,325 | -€3,868 | -47.2% |
| Financial fixed assets | 28 | €9,335 | €6,057 | -€3,278 | -35.1% |
| Current assets | 29/58 | €165,536 | €153,706 | -€11,830 | -7.1% |
| Amounts receivable within one year | 40/41 | €162,954 | €151,566 | -€11,387 | -7.0% |
| Trade receivables | 40 | €116,954 | €138,747 | +€21,794 | +18.6% |
| Other amounts receivable | 41 | €46,000 | €12,819 | -€33,181 | -72.1% |
| Deferred charges and accrued income | 490/1 | €2,582 | €2,140 | -€442 | -17.1% |
| Total equity and liabilities | 10/49 | €200,952 | €177,997 | -€22,956 | -11.4% |
| Equity | 10/15 | -€13,962 | -€124,771 | -€110,809 | -794% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 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 | -€34,422 | -€145,231 | -€110,809 | -322% |
| Amounts payable | 17/49 | €214,915 | €302,768 | +€87,853 | +40.9% |
| Amounts payable after more than one year | 17 | €6,329 | - | -€6,329 | |
| Financial debts | 170/4 | €6,329 | - | -€6,329 | |
| Amounts payable within one year | 42/48 | €208,586 | €302,768 | +€94,182 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €26,637 | €11,340 | -€15,297 | -57.4% |
| Financial debts | 43 | €6,525 | €15,583 | +€9,058 | +139% |
| Credit institutions | 430/8 | €6,525 | €15,583 | +€9,058 | +139% |
| Trade debts | 44 | €81,606 | €110,297 | +€28,691 | +35.2% |
| Suppliers | 440/4 | €81,606 | €110,297 | +€28,691 | +35.2% |
| Taxes, remuneration and social security | 45 | €79,548 | €92,628 | +€13,079 | +16.4% |
| Taxes | 450/3 | €45,420 | €47,209 | +€1,789 | +3.9% |
| Remuneration and social security | 454/9 | €34,128 | €45,418 | +€11,290 | +33.1% |
| Other amounts payable | 47/48 | €14,270 | €72,920 | +€58,650 | +411% |
| Non-recurring operating income | 76A | €17,566 | - | -€17,566 | |
| Remuneration, social security and pensions | 62 | €363,517 | €409,735 | +€46,218 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,952 | €7,848 | -€1,104 | -12.3% |
| Other operating charges | 640/8 | €8,149 | €62 | -€8,087 | -99.2% |
| Non-recurring operating charges | 66A | €10,231 | €53,626 | +€43,395 | +424% |
| Gross operating margin | 9900 | €335,806 | €372,530 | +€36,725 | +10.9% |
| Operating profit (loss) | 9901 | -€55,043 | -€98,740 | -€43,697 | -79.4% |
| Financial charges | 65/66B | €7,057 | €11,103 | +€4,046 | +57.3% |
| Recurring financial charges | 65 | €7,057 | €11,103 | +€4,046 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | -€62,100 | -€109,843 | -€47,743 | -76.9% |
| Income taxes | 67/77 | - | €966 | +€966 | |
| Profit (loss) for the period | 9904 | -€62,100 | -€110,809 | -€48,709 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,100 | -€110,809 | -€48,709 | -78.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.