MEDAXAL: 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.
MEDAXAL
Largest movements
- Receivables within one year +€5,017
up €5,017 (+3.7%), from €134,757 to €139,773
of which Other amounts receivable: +€5,017
- Tax, wage and social debts +€2,871
up €2,871 (+1,315%), from €218 to €3,089
- Profit (loss) carried forward +€2,463
up €2,463 (+2.1%), from €118,961 to €121,424
- Taxes +€3,154
up €3,154 (+1,444%), from €218 to €3,372
- Financial income +€1,482
up €1,482 (+21.3%), from €6,940 to €8,422
of which Financial income: +€1,482
- Depreciation -€1,465
no longer reported in 2024 (was €1,465)
- Other operating charges -€1,400
no longer reported in 2024 (was €1,400)
- Gross operating margin +€604
up €604 (+18.9%), from -€3,191 to -€2,587
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 | €134,757 | €139,773 | +€5,017 | +3.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €134,757 | €139,773 | +€5,017 | +3.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €134,757 | €139,773 | +€5,017 | +3.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €134,757 | €139,773 | +€5,017 | +3.7% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €134,757 | €139,773 | +€5,017 | +3.7% |
| Equity | 10/15 | €133,221 | €135,684 | +€2,463 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,961 | €121,424 | +€2,463 | +2.1% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Amounts payable | 17/49 | €1,536 | €4,089 | +€2,553 | +166% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,536 | €4,089 | +€2,553 | +166% |
| Financial debts | 43 | €0 | - | = | |
| Trade debts | 44 | €1,318 | €1,000 | -€318 | -24.1% |
| Suppliers | 440/4 | €1,318 | €1,000 | -€318 | -24.1% |
| Taxes, remuneration and social security | 45 | €218 | €3,089 | +€2,871 | +1,315% |
| Taxes | 450/3 | €218 | €3,089 | +€2,871 | +1,315% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,465 | - | -€1,465 | |
| Other operating charges | 640/8 | €1,400 | - | -€1,400 | |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€3,191 | -€2,587 | +€604 | +18.9% |
| Operating profit (loss) | 9901 | -€6,056 | -€2,587 | +€3,469 | +57.3% |
| Financial income | 75/76B | €6,940 | €8,422 | +€1,482 | +21.3% |
| Recurring financial income | 75 | €6,940 | €8,422 | +€1,482 | +21.3% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €66 | - | -€66 | |
| Recurring financial charges | 65 | €66 | - | -€66 | |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €818 | €5,835 | +€5,017 | +613% |
| Income taxes | 67/77 | €218 | €3,372 | +€3,154 | +1,444% |
| Profit (loss) for the period | 9904 | €600 | €2,463 | +€1,863 | +311% |
| Profit (loss) for the period to be appropriated | 9905 | €600 | €2,463 | +€1,863 | +311% |
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 17 October 2026 via checked.be.