MED TRANS: 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 TRANS
Largest movements
- Receivables within one year +€52,882
up €52,882 (+77.1%), from €68,554 to €121,437
of which Trade receivables: +€31,512
- Cash +€11,944
up €11,944 (+66.3%), from €18,013 to €29,957
mainly Trade debts (+€61,345) and Short-term financial debts (+€19,000)
- Tangible fixed assets +€7,000
up €7,000 (+259%), from €2,700 to €9,700
- Financial fixed assets +€2,000
up €2,000 (+12.7%), from €15,800 to €17,800
- Trade debts +€61,345
up €61,345 (+365%), from €16,825 to €78,170
- Profit (loss) carried forward -€24,751
down €24,751 (-54.9%), from €45,080 to €20,329
- Short-term financial debts +€19,000
new in 2025: €19,000
- Tax, wage and social debts +€18,829
up €18,829 (+62.4%), from €30,166 to €48,995
of which Taxes: +€9,698
- Turnover -€477,297
no longer reported in 2025 (was €477,297)
- Purchases and services -€325,169
no longer reported in 2025 (was €325,169)
- Staff costs +€52,807
up €52,807 (+46.3%), from €113,955 to €166,762
- Other operating charges -€6,972
down €6,972 (-75.1%), from €9,284 to €2,312
- Taxes -€6,355
no longer reported in 2025 (was €6,355)
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 | €105,067 | €178,894 | +€73,827 | +70.3% |
| Fixed assets | 21/28 | €18,500 | €27,500 | +€9,000 | +48.6% |
| Tangible fixed assets | 22/27 | €2,700 | €9,700 | +€7,000 | +259% |
| Furniture and vehicles | 24 | €2,700 | €9,700 | +€7,000 | +259% |
| Financial fixed assets | 28 | €15,800 | €17,800 | +€2,000 | +12.7% |
| Current assets | 29/58 | €86,567 | €151,394 | +€64,827 | +74.9% |
| Amounts receivable within one year | 40/41 | €68,554 | €121,437 | +€52,882 | +77.1% |
| Trade receivables | 40 | €64,529 | €96,041 | +€31,512 | +48.8% |
| Other amounts receivable | 41 | €4,025 | €25,396 | +€21,370 | +531% |
| Cash at bank and in hand | 54/58 | €18,013 | €29,957 | +€11,944 | +66.3% |
| Total equity and liabilities | 10/49 | €105,067 | €178,894 | +€73,827 | +70.3% |
| Equity | 10/15 | €57,480 | €32,729 | -€24,751 | -43.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,080 | €20,329 | -€24,751 | -54.9% |
| Amounts payable | 17/49 | €47,587 | €146,165 | +€98,578 | +207% |
| Amounts payable within one year | 42/48 | €47,587 | €146,165 | +€98,578 | +207% |
| Financial debts | 43 | - | €19,000 | +€19,000 | |
| Credit institutions | 430/8 | - | €19,000 | +€19,000 | |
| Trade debts | 44 | €16,825 | €78,170 | +€61,345 | +365% |
| Suppliers | 440/4 | €16,825 | €78,170 | +€61,345 | +365% |
| Taxes, remuneration and social security | 45 | €30,166 | €48,995 | +€18,829 | +62.4% |
| Taxes | 450/3 | €30,166 | €39,864 | +€9,698 | +32.1% |
| Remuneration and social security | 454/9 | - | €9,131 | +€9,131 | |
| Other amounts payable | 47/48 | €596 | - | -€596 | |
| Turnover | 70 | €477,297 | - | -€477,297 | |
| Goods, raw materials, services and sundry goods | 60/61 | €325,169 | - | -€325,169 | |
| Remuneration, social security and pensions | 62 | €113,955 | €166,762 | +€52,807 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | - | -€300 | |
| Other operating charges | 640/8 | €9,284 | €2,312 | -€6,972 | -75.1% |
| Gross operating margin | 9900 | €152,128 | €147,069 | -€5,059 | -3.3% |
| Operating profit (loss) | 9901 | €28,589 | -€22,005 | -€50,594 | |
| Financial charges | 65/66B | €921 | €2,746 | +€1,825 | +198% |
| Recurring financial charges | 65 | €921 | €2,746 | +€1,825 | +198% |
| Profit (loss) for the period before taxes | 9903 | €27,668 | -€24,751 | -€52,419 | |
| Income taxes | 67/77 | €6,355 | - | -€6,355 | |
| Profit (loss) for the period | 9904 | €21,313 | -€24,751 | -€46,064 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,313 | -€24,751 | -€46,064 |
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 19 October 2026 via checked.be.