MEDEBA: 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.
MEDEBA
Largest movements
- Cash -€47,374
down €47,374 (-40.2%), from €117,906 to €70,532
mainly Other debts (-€59,792) and Debts after one year (-€26,385)
- Intangible fixed assets -€25,000
down €25,000 (-16.3%), from €153,415 to €128,415
- Other debts -€59,792
down €59,792 (-77.9%), from €76,763 to €16,971
- Debts after one year -€26,385
down €26,385 (-33.9%), from €77,792 to €51,407
- Reserves +€22,383
new in 2024: €22,383
- Tax, wage and social debts -€7,091
down €7,091 (-41.2%), from €17,199 to €10,108
- Gross operating margin +€10,122
up €10,122 (+19.6%), from €51,608 to €61,730
- Taxes +€3,559
up €3,559 (+59.8%), from €5,949 to €9,508
- Financial charges +€1,796
up €1,796 (+76.6%), from €2,343 to €4,139
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.
Cash bridge derived
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 | €273,241 | €202,673 | -€70,568 | -25.8% |
| Fixed assets | 21/28 | €154,906 | €129,240 | -€25,666 | -16.6% |
| Intangible fixed assets | 21 | €153,415 | €128,415 | -€25,000 | -16.3% |
| Tangible fixed assets | 22/27 | €1,490 | €824 | -€666 | -44.7% |
| Furniture and vehicles | 24 | €1,490 | €824 | -€666 | -44.7% |
| Current assets | 29/58 | €118,336 | €73,433 | -€44,902 | -37.9% |
| Amounts receivable within one year | 40/41 | - | €765 | +€765 | |
| Other amounts receivable | 41 | - | €765 | +€765 | |
| Cash at bank and in hand | 54/58 | €117,906 | €70,532 | -€47,374 | -40.2% |
| Deferred charges and accrued income | 490/1 | €429 | €2,136 | +€1,707 | +397.6% |
| Total equity and liabilities | 10/49 | €273,241 | €202,673 | -€70,568 | -25.8% |
| Equity | 10/15 | €75,401 | €97,784 | +€22,383 | +29.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €22,383 | +€22,383 | |
| Distributable reserves | 133 | - | €22,383 | +€22,383 | |
| Profit (loss) carried forward | 14 | €70,401 | €70,401 | = | 0.0% |
| Amounts payable | 17/49 | €197,840 | €104,889 | -€92,951 | -47.0% |
| Amounts payable after more than one year | 17 | €77,792 | €51,407 | -€26,385 | -33.9% |
| Financial debts | 170/4 | €77,792 | €51,407 | -€26,385 | -33.9% |
| Amounts payable within one year | 42/48 | €120,048 | €53,481 | -€66,567 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €26,086 | €26,385 | +€298 | +1.1% |
| Trade debts | 44 | - | €18 | +€18 | |
| Suppliers | 440/4 | - | €18 | +€18 | |
| Taxes, remuneration and social security | 45 | €17,199 | €10,108 | -€7,091 | -41.2% |
| Taxes | 450/3 | €17,199 | €10,108 | -€7,091 | -41.2% |
| Other amounts payable | 47/48 | €76,763 | €16,971 | -€59,792 | -77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,547 | €25,666 | +€119 | +0.5% |
| Other operating charges | 640/8 | €216 | €34 | -€182 | -84.4% |
| Gross operating margin | 9900 | €51,608 | €61,730 | +€10,122 | +19.6% |
| Operating profit (loss) | 9901 | €25,845 | €36,030 | +€10,185 | +39.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,343 | €4,139 | +€1,796 | +76.6% |
| Recurring financial charges | 65 | €2,343 | €4,139 | +€1,796 | +76.6% |
| Profit (loss) for the period before taxes | 9903 | €23,502 | €31,891 | +€8,389 | +35.7% |
| Income taxes | 67/77 | €5,949 | €9,508 | +€3,559 | +59.8% |
| Profit (loss) for the period | 9904 | €17,553 | €22,383 | +€4,830 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,553 | €22,383 | +€4,830 | +27.5% |
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 4 October 2026 via checked.be.