Medelux Ventures: 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.
Medelux Ventures
Largest movements
- Receivables within one year -€25,280
down €25,280 (-72.2%), from €35,015 to €9,735
of which Other amounts receivable: -€20,825
- Tangible fixed assets -€1,670
down €1,670 (-20.8%), from €8,009 to €6,340
of which Land and buildings: -€911
- Cash -€498
down €498 (-85.4%), from €583 to €85
mainly Other debts (-€13,500) and Net result for the year (-€8,013)
- Other debts -€13,500
down €13,500 (-16.6%), from €81,459 to €67,959
- Profit (loss) carried forward -€8,013
down €8,013 (-6.7%), from -€119,068 to -€127,081
- Debts after one year -€6,337
down €6,337 (-32.1%), from €19,746 to €13,408
- Current portion of long-term debt +€6,337
up €6,337 (+27.3%), from €23,209 to €29,547
- Accrued charges and deferred income -€4,278
down €4,278 (-82.4%), from €5,190 to €913
- Gross operating margin -€14,571
down €14,571, from €10,651 to -€3,920
- Financial charges +€203
up €203 (+28.0%), from €724 to €927
- Other operating charges -€169
down €169 (-12.7%), from €1,327 to €1,158
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.
Derived cash bridge
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 | €43,977 | €16,160 | -€27,817 | -63.3% |
| Fixed assets | 21/28 | €8,009 | €6,340 | -€1,670 | -20.8% |
| Tangible fixed assets | 22/27 | €8,009 | €6,340 | -€1,670 | -20.8% |
| Land and buildings | 22 | €5,789 | €4,878 | -€911 | -15.7% |
| Plant, machinery and equipment | 23 | €212 | €0 | -€212 | -100% |
| Furniture and vehicles | 24 | €2,008 | €1,462 | -€546 | -27.2% |
| Current assets | 29/58 | €35,968 | €9,820 | -€26,147 | -72.7% |
| Amounts receivable within one year | 40/41 | €35,015 | €9,735 | -€25,280 | -72.2% |
| Trade receivables | 40 | €4,455 | €0 | -€4,455 | -100% |
| Other amounts receivable | 41 | €30,561 | €9,735 | -€20,825 | -68.1% |
| Cash at bank and in hand | 54/58 | €583 | €85 | -€498 | -85.4% |
| Deferred charges and accrued income | 490/1 | €369 | €0 | -€369 | -100% |
| Total equity and liabilities | 10/49 | €43,977 | €16,160 | -€27,817 | -63.3% |
| Equity | 10/15 | -€93,134 | -€101,147 | -€8,013 | -8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,733 | €19,733 | = | 0.0% |
| Distributable reserves | 133 | €19,733 | €19,733 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,068 | -€127,081 | -€8,013 | -6.7% |
| Amounts payable | 17/49 | €137,111 | €117,307 | -€19,804 | -14.4% |
| Amounts payable after more than one year | 17 | €19,746 | €13,408 | -€6,337 | -32.1% |
| Financial debts | 170/4 | €19,746 | €13,408 | -€6,337 | -32.1% |
| Amounts payable within one year | 42/48 | €112,175 | €102,986 | -€9,189 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €23,209 | €29,547 | +€6,337 | +27.3% |
| Trade debts | 44 | €5,991 | €3,090 | -€2,902 | -48.4% |
| Suppliers | 440/4 | €5,991 | €3,090 | -€2,902 | -48.4% |
| Taxes, remuneration and social security | 45 | €1,515 | €2,390 | +€875 | +57.8% |
| Taxes | 450/3 | €1,515 | €2,390 | +€875 | +57.8% |
| Other amounts payable | 47/48 | €81,459 | €67,959 | -€13,500 | -16.6% |
| Accrued charges and deferred income | 492/3 | €5,190 | €913 | -€4,278 | -82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,670 | €1,670 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,327 | €1,158 | -€169 | -12.7% |
| Gross operating margin | 9900 | €10,651 | -€3,920 | -€14,571 | |
| Operating profit (loss) | 9901 | €7,654 | -€6,748 | -€14,402 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €724 | €927 | +€203 | +28.0% |
| Recurring financial charges | 65 | €724 | €927 | +€203 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €6,930 | -€7,674 | -€14,604 | |
| Income taxes | 67/77 | €320 | €339 | +€19 | +6.1% |
| Profit (loss) for the period | 9904 | €6,610 | -€8,013 | -€14,623 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,610 | -€8,013 | -€14,623 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.