MEDACH: 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.
MEDACH
Largest movements
- Cash +€73,418
up €73,418 (+96.5%), from €76,086 to €149,504
mainly Other debts (+€203,452) and Net result for the year (+€77,385)
- Receivables within one year +€50,599
up €50,599 (+19590.2%), from €258 to €50,858
- Receivables after one year -€49,482
down €49,482 (-100.0%), from €49,482 to €0
- Tangible fixed assets +€5,288
up €5,288 (+18.1%), from €29,265 to €34,553
of which Plant, machinery and equipment: +€6,257
- Other debts +€203,452
new in 2025: €203,452
- Profit (loss) carried forward -€126,067
down €126,067 (-100.0%), from €126,067 to €0
- Tax, wage and social debts +€6,266
up €6,266 (+202.9%), from €3,088 to €9,353
- Debts after one year -€5,097
down €5,097 (-26.2%), from €19,427 to €14,329
- Gross operating margin +€42,948
up €42,948 (+74.8%), from €57,424 to €100,372
- Taxes +€10,119
up €10,119 (+90.8%), from €11,147 to €21,266
- Depreciation -€2,471
down €2,471 (-60.6%), from €4,079 to €1,608
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 | €157,073 | €237,096 | +€80,022 | +50.9% |
| Fixed assets | 21/28 | €29,315 | €34,603 | +€5,288 | +18.0% |
| Tangible fixed assets | 22/27 | €29,265 | €34,553 | +€5,288 | +18.1% |
| Land and buildings | 22 | €4,106 | €3,992 | -€114 | -2.8% |
| Plant, machinery and equipment | 23 | €165 | €6,422 | +€6,257 | +3790.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €24,994 | €24,139 | -€855 | -3.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €127,758 | €202,493 | +€74,735 | +58.5% |
| Amounts receivable after more than one year | 29 | €49,482 | €0 | -€49,482 | -100.0% |
| Other amounts receivable | 291 | €49,482 | €0 | -€49,482 | -100.0% |
| Amounts receivable within one year | 40/41 | €258 | €50,858 | +€50,599 | +19590.2% |
| Other amounts receivable | 41 | €258 | €50,858 | +€50,599 | +19590.2% |
| Cash at bank and in hand | 54/58 | €76,086 | €149,504 | +€73,418 | +96.5% |
| Deferred charges and accrued income | 490/1 | €1,932 | €2,131 | +€199 | +10.3% |
| Total equity and liabilities | 10/49 | €157,073 | €237,096 | +€80,022 | +50.9% |
| Equity | 10/15 | €128,567 | €2,500 | -€126,067 | -98.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,067 | €0 | -€126,067 | -100.0% |
| Amounts payable | 17/49 | €28,507 | €234,596 | +€206,089 | +723.0% |
| Amounts payable after more than one year | 17 | €19,427 | €14,329 | -€5,097 | -26.2% |
| Financial debts | 170/4 | €19,427 | €14,329 | -€5,097 | -26.2% |
| Amounts payable within one year | 42/48 | €9,080 | €218,766 | +€209,686 | +2309.4% |
| Current portion of amounts payable after more than one year | 42 | €4,953 | €5,097 | +€144 | +2.9% |
| Trade debts | 44 | €1,039 | €864 | -€175 | -16.8% |
| Suppliers | 440/4 | €1,039 | €864 | -€175 | -16.8% |
| Taxes, remuneration and social security | 45 | €3,088 | €9,353 | +€6,266 | +202.9% |
| Taxes | 450/3 | €3,088 | €9,353 | +€6,266 | +202.9% |
| Other amounts payable | 47/48 | - | €203,452 | +€203,452 | |
| Accrued charges and deferred income | 492/3 | €0 | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,079 | €1,608 | -€2,471 | -60.6% |
| Other operating charges | 640/8 | €942 | €761 | -€181 | -19.2% |
| Gross operating margin | 9900 | €57,424 | €100,372 | +€42,948 | +74.8% |
| Operating profit (loss) | 9901 | €52,403 | €98,003 | +€45,601 | +87.0% |
| Financial income | 75/76B | €1,267 | €1,392 | +€125 | +9.8% |
| Recurring financial income | 75 | €1,267 | €1,392 | +€125 | +9.8% |
| Financial charges | 65/66B | €1,308 | €745 | -€564 | -43.1% |
| Recurring financial charges | 65 | €1,308 | €745 | -€564 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €52,362 | €98,651 | +€46,289 | +88.4% |
| Income taxes | 67/77 | €11,147 | €21,266 | +€10,119 | +90.8% |
| Profit (loss) for the period | 9904 | €41,215 | €77,385 | +€36,170 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,215 | €77,385 | +€36,170 | +87.8% |
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 12 October 2026 via checked.be.