MEDDENTAS: 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.
MEDDENTAS
Largest movements
- Cash -€48,582
down €48,582 (-11.8%), from €411,466 to €362,884
mainly Contributions, distributions and other (-€263,543) and Investment in fixed assets (net) (-€72,410)
- Tangible fixed assets +€45,574
up €45,574 (+105.6%), from €43,149 to €88,723
of which Plant, machinery and equipment: +€53,772
- Other debts +€23,243
up €23,243 (+11.6%), from €200,769 to €224,011
- Tax, wage and social debts -€18,350
down €18,350 (-28.0%), from €65,592 to €47,242
of which Taxes: -€13,304
- Debts after one year -€7,058
no longer reported in 2025 (was €7,058)
- Current portion of long-term debt -€6,578
down €6,578 (-48.2%), from €13,636 to €7,058
- Gross operating margin +€51,171
up €51,171 (+14.1%), from €364,188 to €415,359
- Depreciation +€10,640
up €10,640 (+65.7%), from €16,196 to €26,836
- Taxes +€7,362
up €7,362 (+9.9%), from €74,452 to €81,814
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,634 | €457,932 | -€7,702 | -1.7% |
| Fixed assets | 21/28 | €43,149 | €88,723 | +€45,574 | +105.6% |
| Tangible fixed assets | 22/27 | €43,149 | €88,723 | +€45,574 | +105.6% |
| Plant, machinery and equipment | 23 | €14,849 | €68,621 | +€53,772 | +362.1% |
| Furniture and vehicles | 24 | €28,300 | €20,102 | -€8,198 | -29.0% |
| Current assets | 29/58 | €422,485 | €369,210 | -€53,276 | -12.6% |
| Amounts receivable within one year | 40/41 | €1,488 | - | -€1,488 | |
| Trade receivables | 40 | €68 | - | -€68 | |
| Other amounts receivable | 41 | €1,420 | - | -€1,420 | |
| Cash at bank and in hand | 54/58 | €411,466 | €362,884 | -€48,582 | -11.8% |
| Deferred charges and accrued income | 490/1 | €9,531 | €6,325 | -€3,206 | -33.6% |
| Total equity and liabilities | 10/49 | €465,634 | €457,932 | -€7,702 | -1.7% |
| Equity | 10/15 | €178,580 | €178,580 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €158,120 | €158,120 | = | 0.0% |
| Distributable reserves | 133 | €158,120 | €158,120 | = | 0.0% |
| Amounts payable | 17/49 | €287,054 | €279,352 | -€7,702 | -2.7% |
| Amounts payable after more than one year | 17 | €7,058 | - | -€7,058 | |
| Financial debts | 170/4 | €7,058 | - | -€7,058 | |
| Amounts payable within one year | 42/48 | €279,996 | €279,352 | -€644 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €13,636 | €7,058 | -€6,578 | -48.2% |
| Trade debts | 44 | - | €1,041 | +€1,041 | |
| Suppliers | 440/4 | - | €1,041 | +€1,041 | |
| Taxes, remuneration and social security | 45 | €65,592 | €47,242 | -€18,350 | -28.0% |
| Taxes | 450/3 | €55,125 | €41,821 | -€13,304 | -24.1% |
| Remuneration and social security | 454/9 | €10,467 | €5,421 | -€5,046 | -48.2% |
| Other amounts payable | 47/48 | €200,769 | €224,011 | +€23,243 | +11.6% |
| Remuneration, social security and pensions | 62 | €39,539 | €43,236 | +€3,697 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,196 | €26,836 | +€10,640 | +65.7% |
| Other operating charges | 640/8 | €958 | €1,532 | +€574 | +59.9% |
| Gross operating margin | 9900 | €364,188 | €415,359 | +€51,171 | +14.1% |
| Operating profit (loss) | 9901 | €307,496 | €343,756 | +€36,260 | +11.8% |
| Financial income | 75/76B | €3,356 | €2,583 | -€773 | -23.0% |
| Recurring financial income | 75 | €3,356 | €2,583 | -€773 | -23.0% |
| Financial charges | 65/66B | €1,597 | €982 | -€615 | -38.5% |
| Recurring financial charges | 65 | €1,597 | €982 | -€615 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €309,255 | €345,357 | +€36,102 | +11.7% |
| Income taxes | 67/77 | €74,452 | €81,814 | +€7,362 | +9.9% |
| Profit (loss) for the period | 9904 | €234,803 | €263,543 | +€28,740 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €234,803 | €263,543 | +€28,740 | +12.2% |
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 10 October 2026 via checked.be.