MEDECINFORMATIC: 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.
MEDECINFORMATIC
Largest movements
- Receivables within one year -€2,310
down €2,310 (-27.3%), from €8,458 to €6,148
- Cash -€775
down €775 (-100.0%), from €775 to €0
mainly Net result for the year (-€7,060)
- Equity -€7,060
down €7,060, from €5,856 to -€1,203
of which Profit (loss) carried forward: -€7,060
- Provisions +€3,200
new in 2020: €3,200
- Debts within one year +€774
up €774 (+22.1%), from €3,502 to €4,277
- Turnover -€16,380
down €16,380 (-95.6%), from €17,132 to €752
- Gross operating margin -€11,802
down €11,802, from €10,702 to -€1,100
From the 2019 result to the 2020 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 2019 and 2020 balance sheets and the 2020 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,358 | €6,273 | -€3,085 | -33.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €125 | €125 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €9,233 | €6,148 | -€3,085 | -33.4% |
| Amounts receivable within one year | 40/41 | €8,458 | €6,148 | -€2,310 | -27.3% |
| Cash at bank and in hand | 54/58 | €775 | €0 | -€775 | -100.0% |
| Total equity and liabilities | 10/49 | €9,358 | €6,273 | -€3,085 | -33.0% |
| Equity | 10/15 | €5,856 | -€1,203 | -€7,060 | |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €257 | €257 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€601 | -€7,661 | -€7,060 | -1174.3% |
| Provisions and deferred taxes | 16 | - | €3,200 | +€3,200 | |
| Amounts payable | 17/49 | €3,502 | €4,277 | +€774 | +22.1% |
| Amounts payable within one year | 42/48 | €3,502 | €4,277 | +€774 | +22.1% |
| Trade debts | 44 | €972 | €0 | -€972 | -100.0% |
| Turnover | 70 | €17,132 | €752 | -€16,380 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Gross operating margin | 9900 | €10,702 | -€1,100 | -€11,802 | |
| Operating profit (loss) | 9901 | €5,116 | -€6,505 | -€11,621 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Recurring financial charges | 65 | €323 | €555 | +€232 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | €4,805 | -€7,060 | -€11,865 | |
| Profit (loss) for the period | 9904 | €4,805 | -€7,060 | -€11,865 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,805 | -€7,060 | -€11,865 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.