MEDAMMAR: 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.
MEDAMMAR
Largest movements
- Stocks and contracts +€56,114
up €56,114 (+185%), from €30,254 to €86,368
- Cash +€8,289
up €8,289 (+403%), from €2,057 to €10,346
mainly Trade debts (+€65,339) and Depreciation (+€2,000)
- Receivables within one year +€3,545
up €3,545 (+22.8%), from €15,530 to €19,075
of which Other amounts receivable: +€9,195
- Intangible fixed assets -€2,000
down €2,000 (-25.0%), from €8,000 to €6,000
- Trade debts +€65,339
up €65,339 (+173%), from €37,845 to €103,184
- Staff costs +€3,878
new in 2024: €3,878
- Other operating charges -€3,090
down €3,090 (-38.8%), from €7,973 to €4,882
- Gross operating margin +€1,298
up €1,298 (+14.1%), from €9,213 to €10,511
- Financial charges -€1,187
down €1,187 (-89.5%), from €1,327 to €140
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,841 | €121,789 | +€65,948 | +118% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Intangible fixed assets | 21 | €8,000 | €6,000 | -€2,000 | -25.0% |
| Current assets | 29/58 | €47,841 | €115,789 | +€67,948 | +142% |
| Stocks and contracts in progress | 3 | €30,254 | €86,368 | +€56,114 | +185% |
| Stocks | 30/36 | €30,254 | €86,368 | +€56,114 | +185% |
| Amounts receivable within one year | 40/41 | €15,530 | €19,075 | +€3,545 | +22.8% |
| Trade receivables | 40 | €11,292 | €5,642 | -€5,650 | -50.0% |
| Other amounts receivable | 41 | €4,238 | €13,433 | +€9,195 | +217% |
| Cash at bank and in hand | 54/58 | €2,057 | €10,346 | +€8,289 | +403% |
| Total equity and liabilities | 10/49 | €55,841 | €121,789 | +€65,948 | +118% |
| Equity | 10/15 | €15,695 | €15,305 | -€390 | -2.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,905 | -€3,295 | -€390 | -13.4% |
| Amounts payable | 17/49 | €40,145 | €106,483 | +€66,338 | +165% |
| Amounts payable within one year | 42/48 | €40,145 | €106,483 | +€66,338 | +165% |
| Trade debts | 44 | €37,845 | €103,184 | +€65,339 | +173% |
| Suppliers | 440/4 | €37,845 | €103,184 | +€65,339 | +173% |
| Taxes, remuneration and social security | 45 | €2,300 | €3,299 | +€999 | +43.4% |
| Taxes | 450/3 | €2,300 | €191 | -€2,109 | -91.7% |
| Remuneration and social security | 454/9 | - | €3,108 | +€3,108 | |
| Remuneration, social security and pensions | 62 | - | €3,878 | +€3,878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €2,000 | = | 0.0% |
| Other operating charges | 640/8 | €7,973 | €4,882 | -€3,090 | -38.8% |
| Gross operating margin | 9900 | €9,213 | €10,511 | +€1,298 | +14.1% |
| Operating profit (loss) | 9901 | -€760 | -€250 | +€510 | +67.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,327 | €140 | -€1,187 | -89.5% |
| Recurring financial charges | 65 | €1,327 | €140 | -€1,187 | -89.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,087 | -€390 | +€1,697 | +81.3% |
| Profit (loss) for the period | 9904 | -€2,087 | -€390 | +€1,697 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,087 | -€390 | +€1,697 | +81.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.