Medec Consult: 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.
Medec Consult
Largest movements
- Tangible fixed assets +€62,823
up €62,823 (+4.2%), from €1.5m to €1.5m
of which Land and buildings: +€72,738
- Current investments -€35,404
down €35,404 (-63.0%), from €56,241 to €20,836
- Cash +€30,549
up €30,549 (+229.7%), from €13,298 to €43,846
mainly Depreciation (+€73,609) and Current investments (+€35,404)
- Reserves +€27,866
up €27,866 (+9.5%), from €292,617 to €320,482
of which Distributable reserves: +€32,852
- Current portion of long-term debt +€25,602
up €25,602 (+51.6%), from €49,617 to €75,219
- Depreciation +€4,921
up €4,921 (+7.2%), from €68,688 to €73,609
- Staff costs -€2,871
down €2,871 (-10.9%), from €26,402 to €23,531
- Gross operating margin +€2,151
up €2,151 (+1.3%), from €163,519 to €165,670
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 | €1,563,822 | €1,625,333 | +€61,510 | +3.9% |
| Fixed assets | 21/28 | €1,481,473 | €1,544,296 | +€62,823 | +4.2% |
| Tangible fixed assets | 22/27 | €1,481,473 | €1,544,296 | +€62,823 | +4.2% |
| Land and buildings | 22 | €1,321,389 | €1,394,127 | +€72,738 | +5.5% |
| Plant, machinery and equipment | 23 | €43,975 | €40,085 | -€3,889 | -8.8% |
| Furniture and vehicles | 24 | €4,052 | €19,594 | +€15,542 | +383.5% |
| Other tangible fixed assets | 26 | €112,058 | €90,490 | -€21,568 | -19.2% |
| Current assets | 29/58 | €82,349 | €81,036 | -€1,313 | -1.6% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,488 | €5,346 | +€1,858 | +53.3% |
| Other amounts receivable | 41 | €3,488 | €5,346 | +€1,858 | +53.3% |
| Current investments | 50/53 | €56,241 | €20,836 | -€35,404 | -63.0% |
| Cash at bank and in hand | 54/58 | €13,298 | €43,846 | +€30,549 | +229.7% |
| Deferred charges and accrued income | 490/1 | €6,323 | €8,008 | +€1,685 | +26.7% |
| Total equity and liabilities | 10/49 | €1,563,822 | €1,625,333 | +€61,510 | +3.9% |
| Equity | 10/15 | €311,209 | €339,075 | +€27,866 | +9.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €292,617 | €320,482 | +€27,866 | +9.5% |
| Tax-exempt reserves | 132 | €92,975 | €87,989 | -€4,986 | -5.4% |
| Distributable reserves | 133 | €199,641 | €232,493 | +€32,852 | +16.5% |
| Provisions and deferred taxes | 16 | €30,992 | €29,330 | -€1,662 | -5.4% |
| Deferred taxes | 168 | €30,992 | €29,330 | -€1,662 | -5.4% |
| Amounts payable | 17/49 | €1,221,622 | €1,256,929 | +€35,307 | +2.9% |
| Amounts payable after more than one year | 17 | €352,287 | €365,483 | +€13,197 | +3.7% |
| Financial debts | 170/4 | €352,287 | €365,483 | +€13,197 | +3.7% |
| Amounts payable within one year | 42/48 | €869,240 | €890,695 | +€21,456 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €49,617 | €75,219 | +€25,602 | +51.6% |
| Trade debts | 44 | €12,079 | €17,731 | +€5,652 | +46.8% |
| Suppliers | 440/4 | €12,079 | €17,731 | +€5,652 | +46.8% |
| Taxes, remuneration and social security | 45 | €4,568 | €5,422 | +€854 | +18.7% |
| Taxes | 450/3 | - | €744 | +€744 | |
| Remuneration and social security | 454/9 | €4,568 | €4,678 | +€109 | +2.4% |
| Other amounts payable | 47/48 | €802,976 | €792,324 | -€10,652 | -1.3% |
| Accrued charges and deferred income | 492/3 | €96 | €750 | +€654 | +684.7% |
| Remuneration, social security and pensions | 62 | €26,402 | €23,531 | -€2,871 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,688 | €73,609 | +€4,921 | +7.2% |
| Other operating charges | 640/8 | €7,649 | €6,583 | -€1,066 | -13.9% |
| Gross operating margin | 9900 | €163,519 | €165,670 | +€2,151 | +1.3% |
| Operating profit (loss) | 9901 | €60,780 | €61,948 | +€1,168 | +1.9% |
| Financial income | 75/76B | €663 | €927 | +€264 | +39.8% |
| Recurring financial income | 75 | €663 | €927 | +€264 | +39.8% |
| Financial charges | 65/66B | €25,603 | €23,986 | -€1,617 | -6.3% |
| Recurring financial charges | 65 | €25,603 | €23,986 | -€1,617 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €35,840 | €38,889 | +€3,049 | +8.5% |
| Transfer from deferred taxes | 780 | €1,662 | €1,662 | = | 0.0% |
| Income taxes | 67/77 | €13,309 | €12,686 | -€623 | -4.7% |
| Profit (loss) for the period | 9904 | €24,194 | €27,866 | +€3,672 | +15.2% |
| Transfer from tax-exempt reserves | 789 | €4,986 | €4,986 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,180 | €32,852 | +€3,672 | +12.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.