MEDANIMA: 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.
MEDANIMA
Largest movements
- Tangible fixed assets -€20,604
down €20,604 (-8.6%), from €240,631 to €220,027
of which Land and buildings: -€19,839
- Receivables within one year +€8,857
up €8,857 (+113.7%), from €7,789 to €16,646
- Tax, wage and social debts +€31,965
up €31,965 (+199.9%), from €15,987 to €47,952
of which Remuneration and social security: +€27,500
- Profit (loss) carried forward -€26,168
down €26,168 (-93.0%), from -€28,135 to -€54,302
- Debts after one year -€12,832
down €12,832 (-7.6%), from €167,800 to €154,968
- Short-term financial debts -€9,209
down €9,209 (-99.9%), from €9,222 to €14
- Other debts +€8,563
up €8,563 (+16.3%), from €52,571 to €61,135
- Gross operating margin +€10,333
up €10,333, from -€409 to €9,924
- Other operating charges -€4,243
down €4,243 (-77.8%), from €5,457 to €1,214
- Financial charges +€1,204
up €1,204 (+18.9%), from €6,364 to €7,568
- Depreciation +€930
up €930 (+3.6%), from €25,875 to €26,805
- Taxes +€188
up €188 (+59.5%), from €317 to €505
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 | €275,648 | €265,641 | -€10,008 | -3.6% |
| Fixed assets | 21/28 | €240,781 | €220,177 | -€20,604 | -8.6% |
| Tangible fixed assets | 22/27 | €240,631 | €220,027 | -€20,604 | -8.6% |
| Land and buildings | 22 | €196,736 | €176,897 | -€19,839 | -10.1% |
| Plant, machinery and equipment | 23 | €19,730 | €17,077 | -€2,653 | -13.4% |
| Furniture and vehicles | 24 | €1,919 | €1,292 | -€627 | -32.7% |
| Leasing and similar rights | 25 | - | €5,271 | +€5,271 | |
| Other tangible fixed assets | 26 | €22,246 | €19,490 | -€2,756 | -12.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €34,867 | €45,464 | +€10,597 | +30.4% |
| Stocks and contracts in progress | 3 | €26,250 | €26,000 | -€250 | -1.0% |
| Stocks | 30/36 | €26,250 | €26,000 | -€250 | -1.0% |
| Amounts receivable within one year | 40/41 | €7,789 | €16,646 | +€8,857 | +113.7% |
| Trade receivables | 40 | €7,789 | €16,646 | +€8,857 | +113.7% |
| Cash at bank and in hand | 54/58 | €829 | €2,819 | +€1,990 | +240.1% |
| Total equity and liabilities | 10/49 | €275,648 | €265,641 | -€10,008 | -3.6% |
| Equity | 10/15 | -€24,135 | -€50,302 | -€26,168 | -108.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,135 | -€54,302 | -€26,168 | -93.0% |
| Amounts payable | 17/49 | €299,783 | €315,943 | +€16,160 | +5.4% |
| Amounts payable after more than one year | 17 | €167,800 | €154,968 | -€12,832 | -7.6% |
| Financial debts | 170/4 | €167,800 | €154,968 | -€12,832 | -7.6% |
| Amounts payable within one year | 42/48 | €131,983 | €160,975 | +€28,992 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €13,560 | €14,235 | +€675 | +5.0% |
| Financial debts | 43 | €9,222 | €14 | -€9,209 | -99.9% |
| Credit institutions | 430/8 | €9,222 | €14 | -€9,209 | -99.9% |
| Trade debts | 44 | €40,642 | €37,640 | -€3,003 | -7.4% |
| Suppliers | 440/4 | €40,642 | €37,640 | -€3,003 | -7.4% |
| Taxes, remuneration and social security | 45 | €15,987 | €47,952 | +€31,965 | +199.9% |
| Taxes | 450/3 | €5,987 | €10,452 | +€4,465 | +74.6% |
| Remuneration and social security | 454/9 | €10,000 | €37,500 | +€27,500 | +275.0% |
| Other amounts payable | 47/48 | €52,571 | €61,135 | +€8,563 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,875 | €26,805 | +€930 | +3.6% |
| Other operating charges | 640/8 | €5,457 | €1,214 | -€4,243 | -77.8% |
| Gross operating margin | 9900 | -€409 | €9,924 | +€10,333 | |
| Operating profit (loss) | 9901 | -€31,740 | -€18,095 | +€13,646 | +43.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €6,364 | €7,568 | +€1,204 | +18.9% |
| Recurring financial charges | 65 | €6,364 | €7,568 | +€1,204 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | -€38,105 | -€25,663 | +€12,442 | +32.7% |
| Income taxes | 67/77 | €317 | €505 | +€188 | +59.5% |
| Profit (loss) for the period | 9904 | -€38,421 | -€26,168 | +€12,254 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,421 | -€26,168 | +€12,254 | +31.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.