MEDEEA: 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.
MEDEEA
Largest movements
- Tangible fixed assets -€44,005
down €44,005 (-99.8%), from €44,103 to €99
of which Plant, machinery and equipment: -€43,682
- Receivables within one year +€32,639
up €32,639 (+268.1%), from €12,174 to €44,814
of which Trade receivables: +€30,999
- Financial fixed assets +€7,500
new in 2024: €7,500
- Cash -€4,788
down €4,788 (-91.3%), from €5,243 to €456
mainly Receivables within one year (-€32,639) and Net result for the year (-€28,052)
- Profit (loss) carried forward -€28,052
down €28,052 (-66.0%), from -€42,474 to -€70,525
- Other debts +€27,946
up €27,946 (+80.4%), from €34,738 to €62,684
- Trade debts -€9,560
down €9,560 (-50.1%), from €19,079 to €9,519
- Tax, wage and social debts +€2,075
new in 2024: €2,075
- Current portion of long-term debt -€1,061
down €1,061 (-26.7%), from €3,982 to €2,921
- Gross operating margin +€24,473
up €24,473 (+61.3%), from -€39,912 to -€15,439
- Financial charges -€1,342
down €1,342, from €1,203 to -€139
- Depreciation -€787
down €787 (-70.9%), from €1,109 to €322
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 | €61,521 | €52,868 | -€8,652 | -14.1% |
| Fixed assets | 21/28 | €44,103 | €7,599 | -€36,505 | -82.8% |
| Tangible fixed assets | 22/27 | €44,103 | €99 | -€44,005 | -99.8% |
| Plant, machinery and equipment | 23 | €43,682 | - | -€43,682 | |
| Furniture and vehicles | 24 | €421 | €99 | -€322 | -76.6% |
| Financial fixed assets | 28 | - | €7,500 | +€7,500 | |
| Current assets | 29/58 | €17,417 | €45,270 | +€27,852 | +159.9% |
| Amounts receivable within one year | 40/41 | €12,174 | €44,814 | +€32,639 | +268.1% |
| Trade receivables | 40 | €0 | €31,000 | +€30,999 | +9117444.1% |
| Other amounts receivable | 41 | €12,174 | €13,814 | +€1,640 | +13.5% |
| Current investments | 50/53 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €5,243 | €456 | -€4,788 | -91.3% |
| Total equity and liabilities | 10/49 | €61,521 | €52,868 | -€8,652 | -14.1% |
| Equity | 10/15 | -€41,974 | -€70,025 | -€28,052 | -66.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,474 | -€70,525 | -€28,052 | -66.0% |
| Amounts payable | 17/49 | €103,494 | €122,894 | +€19,399 | +18.7% |
| Amounts payable after more than one year | 17 | €45,695 | €45,695 | = | 0.0% |
| Financial debts | 170/4 | €45,695 | €45,695 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,799 | €77,199 | +€19,399 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €3,982 | €2,921 | -€1,061 | -26.7% |
| Trade debts | 44 | €19,079 | €9,519 | -€9,560 | -50.1% |
| Suppliers | 440/4 | €19,079 | €9,519 | -€9,560 | -50.1% |
| Taxes, remuneration and social security | 45 | - | €2,075 | +€2,075 | |
| Taxes | 450/3 | - | €2,075 | +€2,075 | |
| Other amounts payable | 47/48 | €34,738 | €62,684 | +€27,946 | +80.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,109 | €322 | -€787 | -70.9% |
| Other operating charges | 640/8 | €250 | - | -€250 | |
| Non-recurring operating charges | 66A | - | €12,429 | +€12,429 | |
| Gross operating margin | 9900 | -€39,912 | -€15,439 | +€24,473 | +61.3% |
| Operating profit (loss) | 9901 | -€41,271 | -€28,190 | +€13,080 | +31.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,203 | -€139 | -€1,342 | |
| Recurring financial charges | 65 | €1,203 | -€139 | -€1,342 | |
| Profit (loss) for the period before taxes | 9903 | -€42,474 | -€28,052 | +€14,422 | +34.0% |
| Profit (loss) for the period | 9904 | -€42,474 | -€28,052 | +€14,422 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,474 | -€28,052 | +€14,422 | +34.0% |
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 8 October 2026 via checked.be.