Medebox: 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.
Medebox
Largest movements
- Receivables within one year -€21,178
down €21,178 (-19.3%), from €109,816 to €88,638
of which Other amounts receivable: -€50,041
- Current investments +€9,434
up €9,434 (+38.7%), from €24,357 to €33,790
- Cash +€4,611
up €4,611 (+14.1%), from €32,812 to €37,423
mainly Net result for the year (+€80,651) and Receivables within one year (+€21,178)
- Other debts -€12,405
down €12,405 (-17.5%), from €70,996 to €58,591
- Reserves +€3,513
up €3,513 (+4.6%), from €77,139 to €80,651
- Financial charges -€4,282
down €4,282 (-57.1%), from €7,501 to €3,219
- Gross operating margin +€2,680
up €2,680 (+2.6%), from €104,396 to €107,077
- Financial income -€2,301
down €2,301 (-54.7%), from €4,206 to €1,905
From the 2024 result to the 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,699 | €162,971 | -€7,728 | -4.5% |
| Fixed assets | 21/28 | €3,714 | €3,120 | -€594 | -16.0% |
| Tangible fixed assets | 22/27 | €3,714 | €3,120 | -€594 | -16.0% |
| Furniture and vehicles | 24 | €3,714 | €3,120 | -€594 | -16.0% |
| Current assets | 29/58 | €166,985 | €159,851 | -€7,134 | -4.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €109,816 | €88,638 | -€21,178 | -19.3% |
| Trade receivables | 40 | €59,693 | €88,556 | +€28,863 | +48.4% |
| Other amounts receivable | 41 | €50,124 | €82 | -€50,041 | -99.8% |
| Current investments | 50/53 | €24,357 | €33,790 | +€9,434 | +38.7% |
| Cash at bank and in hand | 54/58 | €32,812 | €37,423 | +€4,611 | +14.1% |
| Total equity and liabilities | 10/49 | €170,699 | €162,971 | -€7,728 | -4.5% |
| Equity | 10/15 | €83,139 | €86,651 | +€3,513 | +4.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €77,139 | €80,651 | +€3,513 | +4.6% |
| Distributable reserves | 133 | €77,139 | €80,651 | +€3,513 | +4.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €87,560 | €76,320 | -€11,240 | -12.8% |
| Amounts payable within one year | 42/48 | €87,560 | €76,320 | -€11,240 | -12.8% |
| Trade debts | 44 | €14,931 | €15,400 | +€469 | +3.1% |
| Suppliers | 440/4 | €14,931 | €15,400 | +€469 | +3.1% |
| Taxes, remuneration and social security | 45 | €1,633 | €2,328 | +€695 | +42.5% |
| Taxes | 450/3 | €1,633 | €2,328 | +€695 | +42.5% |
| Other amounts payable | 47/48 | €70,996 | €58,591 | -€12,405 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,759 | €1,833 | +€74 | +4.2% |
| Other operating charges | 640/8 | €236 | €1,282 | +€1,046 | +443.3% |
| Gross operating margin | 9900 | €104,396 | €107,077 | +€2,680 | +2.6% |
| Operating profit (loss) | 9901 | €102,401 | €103,962 | +€1,560 | +1.5% |
| Financial income | 75/76B | €4,206 | €1,905 | -€2,301 | -54.7% |
| Recurring financial income | 75 | €4,206 | €1,905 | -€2,301 | -54.7% |
| Financial charges | 65/66B | €7,501 | €3,219 | -€4,282 | -57.1% |
| Recurring financial charges | 65 | €7,501 | €3,219 | -€4,282 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €99,106 | €102,648 | +€3,542 | +3.6% |
| Income taxes | 67/77 | €21,968 | €21,997 | +€29 | +0.1% |
| Profit (loss) for the period | 9904 | €77,139 | €80,651 | +€3,513 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €77,139 | €80,651 | +€3,513 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.