MEDCHIBEL: 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.
MEDCHIBEL
Largest movements
- Receivables within one year +€66,407
up €66,407 (+42.0%), from €157,959 to €224,366
of which Other amounts receivable: +€58,054
- Intangible fixed assets -€36,600
down €36,600 (-41.1%), from €88,943 to €52,343
- Tangible fixed assets -€8,371
down €8,371 (-46.1%), from €18,153 to €9,782
of which Furniture and vehicles: -€4,295
- Cash +€5,577
up €5,577 (+500%), from €1,116 to €6,693
mainly Depreciation (+€44,971) and Net result for the year (+€40,841)
- Deferred charges and accrued income +€4,012
up €4,012 (+44.3%), from €9,057 to €13,069
- Reserves +€40,841
up €40,841 (+770%), from €5,306 to €46,147
- Tax, wage and social debts +€22,360
up €22,360 (+726%), from €3,079 to €25,439
of which Remuneration and social security: +€25,439
- Debts after one year -€21,212
down €21,212 (-16.6%), from €128,023 to €106,812
- Short-term financial debts -€6,137
no longer reported in 2024 (was €6,137)
- Trade debts -€5,247
down €5,247 (-62.6%), from €8,377 to €3,130
- Gross operating margin +€54,326
up €54,326 (+93.4%), from €58,144 to €112,470
- Taxes +€19,281
up €19,281 (+626%), from €3,079 to €22,360
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 | €275,272 | €306,297 | +€31,025 | +11.3% |
| Fixed assets | 21/28 | €107,141 | €62,170 | -€44,971 | -42.0% |
| Intangible fixed assets | 21 | €88,943 | €52,343 | -€36,600 | -41.1% |
| Tangible fixed assets | 22/27 | €18,153 | €9,782 | -€8,371 | -46.1% |
| Plant, machinery and equipment | 23 | €11,785 | €7,710 | -€4,076 | -34.6% |
| Furniture and vehicles | 24 | €6,367 | €2,072 | -€4,295 | -67.5% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €168,132 | €244,127 | +€75,996 | +45.2% |
| Amounts receivable within one year | 40/41 | €157,959 | €224,366 | +€66,407 | +42.0% |
| Trade receivables | 40 | €12,246 | €20,599 | +€8,353 | +68.2% |
| Other amounts receivable | 41 | €145,713 | €203,767 | +€58,054 | +39.8% |
| Cash at bank and in hand | 54/58 | €1,116 | €6,693 | +€5,577 | +500% |
| Deferred charges and accrued income | 490/1 | €9,057 | €13,069 | +€4,012 | +44.3% |
| Total equity and liabilities | 10/49 | €275,272 | €306,297 | +€31,025 | +11.3% |
| Equity | 10/15 | €107,174 | €148,015 | +€40,841 | +38.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €5,306 | €46,147 | +€40,841 | +770% |
| Distributable reserves | 133 | €5,306 | €46,147 | +€40,841 | +770% |
| Profit (loss) carried forward | 14 | €100,368 | €100,368 | = | 0.0% |
| Amounts payable | 17/49 | €168,098 | €158,282 | -€9,816 | -5.8% |
| Amounts payable after more than one year | 17 | €128,023 | €106,812 | -€21,212 | -16.6% |
| Financial debts | 170/4 | €128,023 | €106,812 | -€21,212 | -16.6% |
| Amounts payable within one year | 42/48 | €40,075 | €51,471 | +€11,396 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €22,481 | €22,902 | +€421 | +1.9% |
| Financial debts | 43 | €6,137 | - | -€6,137 | |
| Credit institutions | 430/8 | €6,137 | - | -€6,137 | |
| Trade debts | 44 | €8,377 | €3,130 | -€5,247 | -62.6% |
| Suppliers | 440/4 | €8,377 | €3,130 | -€5,247 | -62.6% |
| Taxes, remuneration and social security | 45 | €3,079 | €25,439 | +€22,360 | +726% |
| Taxes | 450/3 | €3,079 | - | -€3,079 | |
| Remuneration and social security | 454/9 | - | €25,439 | +€25,439 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,252 | €44,971 | -€281 | -0.6% |
| Other operating charges | 640/8 | €682 | €603 | -€78 | -11.5% |
| Gross operating margin | 9900 | €58,144 | €112,470 | +€54,326 | +93.4% |
| Operating profit (loss) | 9901 | €12,211 | €66,896 | +€54,685 | +448% |
| Financial income | 75/76B | €6 | €3 | -€3 | -50.7% |
| Recurring financial income | 75 | €6 | €3 | -€3 | -50.7% |
| Financial charges | 65/66B | €3,832 | €3,698 | -€134 | -3.5% |
| Recurring financial charges | 65 | €3,832 | €3,698 | -€134 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €8,385 | €63,201 | +€54,816 | +654% |
| Income taxes | 67/77 | €3,079 | €22,360 | +€19,281 | +626% |
| Profit (loss) for the period | 9904 | €5,306 | €40,841 | +€35,535 | +670% |
| Profit (loss) for the period to be appropriated | 9905 | €5,306 | €40,841 | +€35,535 | +670% |
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 20 October 2026 via checked.be.