Skip to content

MEDCON: what changed

Two fiscal 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.

What changed

MEDCON

BE 0474.412.944
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,049
2023 · -€1,358-€691
Equity
€68,719
2023 · €70,768-€2,049
Cash
€74
2023 · €24,115-€24,042
Balance sheet total
€93,686
2023 · €92,517+€1,169

Largest movements

2023 to 2024
Assets
  • Cash -€24,042

    down €24,042 (-99.7%), from €24,115 to €74

    mainly Receivables within one year (-€22,988) and Tax, wage and social debts (-€4,936)

  • Receivables within one year +€22,988

    up €22,988 (+41.4%), from €55,566 to €78,555

    of which Other amounts receivable: +€22,988

  • Deferred charges and accrued income +€3,874

    up €3,874 (+39.9%), from €9,713 to €13,587

  • Tangible fixed assets -€1,652

    down €1,652 (-52.9%), from €3,122 to €1,470

    of which Land and buildings: -€1,470

Equity and liabilities
  • Short-term financial debts +€8,087

    up €8,087 (+123.1%), from €6,570 to €14,657

  • Tax, wage and social debts -€4,936

    down €4,936 (-55.6%), from €8,877 to €3,940

    of which Taxes: -€4,936

  • Profit (loss) carried forward -€2,049

    down €2,049 (-150.8%), from -€1,358 to -€3,407

Income statement
  • Gross operating margin -€1,831

    down €1,831 (-161.3%), from -€1,135 to -€2,966

  • Taxes -€1,289

    down €1,289 (-64.2%), from €2,007 to €718

  • Financial charges +€955

    up €955 (+135.0%), from €708 to €1,663

  • Other operating charges -€563

    down €563 (-49.6%), from €1,135 to €572

  • Financial income +€224

    up €224 (+5.8%), from €3,829 to €4,052

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€1,358
Gross operating margin -€1,831
Depreciation +€20
Other operating charges +€563
Financial income +€224
Financial charges -€955
Taxes +€1,289
Result 2024 -€2,049

Cash bridge derived

cash 2023 to 2024

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.

From operations -€33,598
Investment +€1,470
Financing +€8,087
Cash 2023 €24,115
Net result for the year -€2,049
Depreciation +€182
Receivables within one year -€22,988
Deferred charges and accrued income -€3,874
Trade debts +€350
Tax, wage and social debts -€4,936
Accrued charges and deferred income -€283
Investment in fixed assets (net) +€1,470
Short-term financial debts +€8,087
Cash 2024 €74
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €92,517 €93,686 +€1,169 +1.3%
Fixed assets 21/28 €3,122 €1,470 -€1,652 -52.9%
Tangible fixed assets 22/27 €3,122 €1,470 -€1,652 -52.9%
Land and buildings 22 €1,470 €0 -€1,470 -100.0%
Furniture and vehicles 24 €1,652 €1,470 -€182 -11.0%
Current assets 29/58 €89,395 €92,216 +€2,821 +3.2%
Amounts receivable within one year 40/41 €55,566 €78,555 +€22,988 +41.4%
Trade receivables 40 €0 - =
Other amounts receivable 41 €55,566 €78,555 +€22,988 +41.4%
Cash at bank and in hand 54/58 €24,115 €74 -€24,042 -99.7%
Deferred charges and accrued income 490/1 €9,713 €13,587 +€3,874 +39.9%
Total equity and liabilities 10/49 €92,517 €93,686 +€1,169 +1.3%
Equity 10/15 €70,768 €68,719 -€2,049 -2.9%
Contributions 10/11 €10,200 €10,200 = 0.0%
Reserves 13 €61,927 €61,927 = 0.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €60,067 €60,067 = 0.0%
Profit (loss) carried forward 14 -€1,358 -€3,407 -€2,049 -150.8%
Amounts payable 17/49 €21,749 €24,967 +€3,218 +14.8%
Amounts payable within one year 42/48 €21,079 €24,579 +€3,500 +16.6%
Financial debts 43 €6,570 €14,657 +€8,087 +123.1%
Credit institutions 430/8 €6,570 €14,657 +€8,087 +123.1%
Trade debts 44 €5,632 €5,982 +€350 +6.2%
Suppliers 440/4 €5,632 €5,982 +€350 +6.2%
Taxes, remuneration and social security 45 €8,877 €3,940 -€4,936 -55.6%
Taxes 450/3 €8,877 €3,940 -€4,936 -55.6%
Remuneration and social security 454/9 €0 - =
Accrued charges and deferred income 492/3 €670 €387 -€283 -42.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €202 €182 -€20 -9.9%
Other operating charges 640/8 €1,135 €572 -€563 -49.6%
Gross operating margin 9900 -€1,135 -€2,966 -€1,831 -161.3%
Operating profit (loss) 9901 -€2,472 -€3,721 -€1,248 -50.5%
Financial income 75/76B €3,829 €4,052 +€224 +5.8%
Recurring financial income 75 €3,829 €4,052 +€224 +5.8%
Financial charges 65/66B €708 €1,663 +€955 +135.0%
Recurring financial charges 65 €708 €1,663 +€955 +135.0%
Profit (loss) for the period before taxes 9903 €649 -€1,331 -€1,980
Income taxes 67/77 €2,007 €718 -€1,289 -64.2%
Profit (loss) for the period 9904 -€1,358 -€2,049 -€691 -50.8%
Profit (loss) for the period to be appropriated 9905 -€1,358 -€2,049 -€691 -50.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.