Medacars: 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.
Medacars
Largest movements
- Receivables within one year +€312,150
up €312,150 (+34.0%), from €917,032 to €1.2m
of which Trade receivables: +€298,955
- Cash -€134,997
down €134,997 (-51.8%), from €260,805 to €125,808
mainly Receivables within one year (-€312,150) and Debts after one year (-€306,484)
- Tangible fixed assets -€27,404
down €27,404 (-11.2%), from €245,377 to €217,973
of which Furniture and vehicles: -€38,960
- Debts after one year -€306,484
down €306,484 (-75.3%), from €406,921 to €100,437
- Trade debts +€223,483
up €223,483 (+31.7%), from €705,614 to €929,097
- Short-term financial debts +€98,756
up €98,756 (+200.8%), from €49,170 to €147,926
- Reserves +€83,985
up €83,985 (+146.8%), from €57,217 to €141,202
of which Distributable reserves: +€83,985
- Tax, wage and social debts +€47,324
up €47,324 (+801.8%), from €5,902 to €53,226
- Gross operating margin +€559,515
up €559,515 (+21.6%), from €2.6m to €3.2m
- Staff costs +€186,647
up €186,647 (+7.3%), from €2.5m to €2.7m
- Taxes +€84,647
up €84,647 (+282.2%), from €29,995 to €114,641
- Other operating charges +€63,120
up €63,120 (+353.0%), from €17,879 to €80,999
- Depreciation +€50,004
up €50,004 (+111.9%), from €44,678 to €94,682
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 | €1,460,975 | €1,611,702 | +€150,727 | +10.3% |
| Fixed assets | 21/28 | €245,877 | €218,473 | -€27,404 | -11.1% |
| Tangible fixed assets | 22/27 | €245,377 | €217,973 | -€27,404 | -11.2% |
| Land and buildings | 22 | €0 | €12,914 | +€12,914 | |
| Plant, machinery and equipment | 23 | €27,623 | €26,265 | -€1,358 | -4.9% |
| Furniture and vehicles | 24 | €217,754 | €178,794 | -€38,960 | -17.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,215,098 | €1,393,229 | +€178,131 | +14.7% |
| Amounts receivable within one year | 40/41 | €917,032 | €1,229,182 | +€312,150 | +34.0% |
| Trade receivables | 40 | €910,266 | €1,209,221 | +€298,955 | +32.8% |
| Other amounts receivable | 41 | €6,766 | €19,960 | +€13,194 | +195.0% |
| Cash at bank and in hand | 54/58 | €260,805 | €125,808 | -€134,997 | -51.8% |
| Deferred charges and accrued income | 490/1 | €37,261 | €38,239 | +€979 | +2.6% |
| Total equity and liabilities | 10/49 | €1,460,975 | €1,611,702 | +€150,727 | +10.3% |
| Equity | 10/15 | €110,817 | €194,802 | +€83,985 | +75.8% |
| Contributions | 10/11 | €53,600 | €53,600 | = | 0.0% |
| Reserves | 13 | €57,217 | €141,202 | +€83,985 | +146.8% |
| Non-distributable reserves | 130/1 | €5,360 | €5,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,360 | €5,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,101 | €19,101 | = | 0.0% |
| Distributable reserves | 133 | €32,755 | €116,741 | +€83,985 | +256.4% |
| Amounts payable | 17/49 | €1,350,159 | €1,416,900 | +€66,742 | +4.9% |
| Amounts payable after more than one year | 17 | €406,921 | €100,437 | -€306,484 | -75.3% |
| Financial debts | 170/4 | €406,921 | €100,437 | -€306,484 | -75.3% |
| Amounts payable within one year | 42/48 | €943,238 | €1,316,463 | +€373,225 | +39.6% |
| Current portion of amounts payable after more than one year | 42 | €181,551 | €186,214 | +€4,662 | +2.6% |
| Financial debts | 43 | €49,170 | €147,926 | +€98,756 | +200.8% |
| Credit institutions | 430/8 | €49,170 | €147,926 | +€98,756 | +200.8% |
| Trade debts | 44 | €705,614 | €929,097 | +€223,483 | +31.7% |
| Suppliers | 440/4 | €705,614 | €929,097 | +€223,483 | +31.7% |
| Taxes, remuneration and social security | 45 | €5,902 | €53,226 | +€47,324 | +801.8% |
| Taxes | 450/3 | €5,902 | €53,226 | +€47,324 | +801.8% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Non-recurring operating income | 76A | - | €23,435 | +€23,435 | |
| Remuneration, social security and pensions | 62 | €2,546,819 | €2,733,466 | +€186,647 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,678 | €94,682 | +€50,004 | +111.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,910 | €800 | -€13,110 | -94.2% |
| Other operating charges | 640/8 | €17,879 | €80,999 | +€63,120 | +353.0% |
| Gross operating margin | 9900 | €2,591,577 | €3,151,092 | +€559,515 | +21.6% |
| Operating profit (loss) | 9901 | -€31,709 | €241,145 | +€272,854 | |
| Financial income | 75/76B | €1,167 | €1,886 | +€719 | +61.6% |
| Recurring financial income | 75 | €1,167 | €1,886 | +€719 | +61.6% |
| Financial charges | 65/66B | €35,150 | €44,404 | +€9,254 | +26.3% |
| Recurring financial charges | 65 | €35,150 | €44,404 | +€9,254 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | -€65,692 | €198,627 | +€264,318 | |
| Income taxes | 67/77 | €29,995 | €114,641 | +€84,647 | +282.2% |
| Profit (loss) for the period | 9904 | -€95,687 | €83,985 | +€179,672 | |
| Profit (loss) for the period to be appropriated | 9905 | -€95,687 | €83,985 | +€179,672 |
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.