Medana: 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.
Medana
Largest movements
- Cash -€34,070
down €34,070 (-42.2%), from €80,710 to €46,641
mainly Contributions, distributions and other (-€110,258) and Tax, wage and social debts (-€2,739)
- Tangible fixed assets -€11,093
down €11,093 (-28.1%), from €39,470 to €28,378
of which Furniture and vehicles: -€10,466
- Receivables within one year -€2,614
down €2,614 (-14.7%), from €17,726 to €15,112
of which Other amounts receivable: -€4,614
- Reserves -€59,419
down €59,419 (-59.2%), from €100,399 to €40,980
- Other debts +€16,882
up €16,882 (+50.5%), from €33,422 to €50,304
- Tax, wage and social debts -€2,739
down €2,739 (-42.1%), from €6,510 to €3,771
- Gross operating margin +€31,022
up €31,022 (+68.3%), from €45,440 to €76,462
- Taxes +€6,163
up €6,163 (+81.0%), from €7,608 to €13,771
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 | €146,551 | €99,604 | -€46,947 | -32.0% |
| Fixed assets | 21/28 | €39,470 | €28,378 | -€11,093 | -28.1% |
| Tangible fixed assets | 22/27 | €39,470 | €28,378 | -€11,093 | -28.1% |
| Plant, machinery and equipment | 23 | €1,864 | €1,238 | -€627 | -33.6% |
| Furniture and vehicles | 24 | €37,606 | €27,140 | -€10,466 | -27.8% |
| Current assets | 29/58 | €107,081 | €71,227 | -€35,854 | -33.5% |
| Amounts receivable within one year | 40/41 | €17,726 | €15,112 | -€2,614 | -14.7% |
| Trade receivables | 40 | - | €2,000 | +€2,000 | |
| Other amounts receivable | 41 | €17,726 | €13,112 | -€4,614 | -26.0% |
| Cash at bank and in hand | 54/58 | €80,710 | €46,641 | -€34,070 | -42.2% |
| Deferred charges and accrued income | 490/1 | €8,644 | €9,474 | +€829 | +9.6% |
| Total equity and liabilities | 10/49 | €146,551 | €99,604 | -€46,947 | -32.0% |
| Equity | 10/15 | €103,399 | €43,980 | -€59,419 | -57.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €100,399 | €40,980 | -€59,419 | -59.2% |
| Distributable reserves | 133 | €100,399 | €40,980 | -€59,419 | -59.2% |
| Amounts payable | 17/49 | €43,152 | €55,624 | +€12,472 | +28.9% |
| Amounts payable within one year | 42/48 | €42,172 | €55,624 | +€13,452 | +31.9% |
| Trade debts | 44 | €2,239 | €1,548 | -€691 | -30.9% |
| Suppliers | 440/4 | €2,239 | €1,548 | -€691 | -30.9% |
| Taxes, remuneration and social security | 45 | €6,510 | €3,771 | -€2,739 | -42.1% |
| Taxes | 450/3 | €6,510 | €3,771 | -€2,739 | -42.1% |
| Other amounts payable | 47/48 | €33,422 | €50,304 | +€16,882 | +50.5% |
| Accrued charges and deferred income | 492/3 | €980 | - | -€980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,093 | €11,093 | = | 0.0% |
| Other operating charges | 640/8 | €266 | €524 | +€258 | +97.2% |
| Gross operating margin | 9900 | €45,440 | €76,462 | +€31,022 | +68.3% |
| Operating profit (loss) | 9901 | €34,082 | €64,846 | +€30,764 | +90.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | +296% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +296% |
| Financial charges | 65/66B | €169 | €237 | +€68 | +40.4% |
| Recurring financial charges | 65 | €169 | €237 | +€68 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €33,913 | €64,610 | +€30,697 | +90.5% |
| Income taxes | 67/77 | €7,608 | €13,771 | +€6,163 | +81.0% |
| Profit (loss) for the period | 9904 | €26,305 | €50,839 | +€24,534 | +93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,305 | €50,839 | +€24,534 | +93.3% |
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 15 October 2026 via checked.be.