MEDE BELGIUM: what changed
MEDE BELGIUM
Largest movements
- Receivables after one year -€20,680
no longer reported in 2025 (was €20,680)
- Receivables within one year +€5,241
up €5,241 (+2,803%), from €187 to €5,428
of which Trade receivables: +€4,681
- Stocks and contracts -€5,146
down €5,146 (-94.5%), from €5,446 to €300
of which Contracts in progress: -€3,204
- Tangible fixed assets +€4,299
up €4,299 (+105%), from €4,109 to €8,408
of which Furniture and vehicles: +€5,655
- Profit (loss) carried forward -€28,176
down €28,176 (-92.8%), from -€30,366 to -€58,542
- Other debts +€7,738
up €7,738 (+251%), from €3,089 to €10,827
- Trade debts +€3,926
up €3,926 (+192%), from €2,041 to €5,967
- Gross operating margin -€2,339
down €2,339 (-11.6%), from -€20,130 to -€22,469
- Depreciation +€642
up €642 (+42.0%), from €1,529 to €2,171
- Financial charges +€483
up €483 (+21.3%), from €2,263 to €2,746
- Financial income +€226
new in 2025: €226
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,422 | €14,327 | -€16,095 | -52.9% |
| Fixed assets | 21/28 | €4,109 | €8,408 | +€4,299 | +105% |
| Tangible fixed assets | 22/27 | €4,109 | €8,408 | +€4,299 | +105% |
| Plant, machinery and equipment | 23 | €4,049 | €2,693 | -€1,356 | -33.5% |
| Furniture and vehicles | 24 | €60 | €5,715 | +€5,655 | +9,425% |
| Current assets | 29/58 | €26,313 | €5,919 | -€20,394 | -77.5% |
| Amounts receivable after more than one year | 29 | €20,680 | - | -€20,680 | |
| Other amounts receivable | 291 | €20,680 | - | -€20,680 | |
| Stocks and contracts in progress | 3 | €5,446 | €300 | -€5,146 | -94.5% |
| Stocks | 30/36 | €2,242 | €300 | -€1,942 | -86.6% |
| Contracts in progress | 37 | €3,204 | - | -€3,204 | |
| Amounts receivable within one year | 40/41 | €187 | €5,428 | +€5,241 | +2,803% |
| Trade receivables | 40 | €187 | €4,868 | +€4,681 | +2,503% |
| Other amounts receivable | 41 | - | €560 | +€560 | |
| Deferred charges and accrued income | 490/1 | - | €191 | +€191 | |
| Total equity and liabilities | 10/49 | €30,422 | €14,327 | -€16,095 | -52.9% |
| Equity | 10/15 | €16,989 | -€11,187 | -€28,176 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €40,355 | €40,355 | = | 0.0% |
| Distributable reserves | 133 | €40,355 | €40,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,366 | -€58,542 | -€28,176 | -92.8% |
| Amounts payable | 17/49 | €13,433 | €25,514 | +€12,081 | +89.9% |
| Amounts payable within one year | 42/48 | €13,433 | €25,514 | +€12,081 | +89.9% |
| Financial debts | 43 | €7,952 | €8,184 | +€232 | +2.9% |
| Credit institutions | 430/8 | €7,952 | €8,184 | +€232 | +2.9% |
| Trade debts | 44 | €2,041 | €5,967 | +€3,926 | +192% |
| Suppliers | 440/4 | €2,041 | €5,967 | +€3,926 | +192% |
| Taxes, remuneration and social security | 45 | €351 | €536 | +€185 | +52.7% |
| Taxes | 450/3 | €351 | €536 | +€185 | +52.7% |
| Other amounts payable | 47/48 | €3,089 | €10,827 | +€7,738 | +251% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,529 | €2,171 | +€642 | +42.0% |
| Other operating charges | 640/8 | €464 | €480 | +€16 | +3.4% |
| Gross operating margin | 9900 | -€20,130 | -€22,469 | -€2,339 | -11.6% |
| Operating profit (loss) | 9901 | -€22,123 | -€25,120 | -€2,997 | -13.5% |
| Financial income | 75/76B | - | €226 | +€226 | |
| Recurring financial income | 75 | - | €226 | +€226 | |
| Financial charges | 65/66B | €2,263 | €2,746 | +€483 | +21.3% |
| Recurring financial charges | 65 | €2,263 | €2,746 | +€483 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,386 | -€27,640 | -€3,254 | -13.3% |
| Income taxes | 67/77 | €351 | €536 | +€185 | +52.7% |
| Profit (loss) for the period | 9904 | -€24,737 | -€28,176 | -€3,439 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,737 | -€28,176 | -€3,439 | -13.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.