MEDEMI: 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.
MEDEMI
Largest movements
- Cash +€10,318
up €10,318 (+44.1%), from €23,394 to €33,712
mainly Deferred charges and accrued income (+€7,980) and Other debts (+€6,164)
- Deferred charges and accrued income -€7,980
down €7,980 (-94.1%), from €8,478 to €498
- Tangible fixed assets -€4,639
down €4,639 (-21.4%), from €21,654 to €17,015
of which Furniture and vehicles: -€5,067
- Debts after one year -€7,786
down €7,786 (-56.0%), from €13,898 to €6,112
- Other debts +€6,164
up €6,164 (+2215.3%), from €278 to €6,442
- Tax, wage and social debts -€2,279
down €2,279 (-36.6%), from €6,236 to €3,957
of which Remuneration and social security: -€1,700
- Profit (loss) carried forward +€1,605
up €1,605, from -€1,595 to €10
- Accrued charges and deferred income -€1,044
down €1,044 (-59.9%), from €1,744 to €700
- Gross operating margin -€30,717
down €30,717 (-71.4%), from €43,039 to €12,322
- Taxes -€7,256
down €7,256 (-76.1%), from €9,536 to €2,280
- Depreciation +€541
up €541 (+9.9%), from €5,485 to €6,026
- Staff costs -€504
down €504 (-33.2%), from €1,520 to €1,016
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 | €53,626 | €51,225 | -€2,401 | -4.5% |
| Fixed assets | 21/28 | €21,654 | €17,015 | -€4,639 | -21.4% |
| Tangible fixed assets | 22/27 | €21,654 | €17,015 | -€4,639 | -21.4% |
| Plant, machinery and equipment | 23 | €1,012 | €1,440 | +€428 | +42.3% |
| Furniture and vehicles | 24 | €20,642 | €15,575 | -€5,067 | -24.5% |
| Current assets | 29/58 | €31,972 | €34,210 | +€2,238 | +7.0% |
| Amounts receivable within one year | 40/41 | €100 | - | -€100 | |
| Trade receivables | 40 | €100 | - | -€100 | |
| Cash at bank and in hand | 54/58 | €23,394 | €33,712 | +€10,318 | +44.1% |
| Deferred charges and accrued income | 490/1 | €8,478 | €498 | -€7,980 | -94.1% |
| Total equity and liabilities | 10/49 | €53,626 | €51,225 | -€2,401 | -4.5% |
| Equity | 10/15 | €23,405 | €25,010 | +€1,605 | +6.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,595 | €10 | +€1,605 | |
| Amounts payable | 17/49 | €30,221 | €26,215 | -€4,006 | -13.3% |
| Amounts payable after more than one year | 17 | €13,898 | €6,112 | -€7,786 | -56.0% |
| Financial debts | 170/4 | €13,898 | €6,112 | -€7,786 | -56.0% |
| Amounts payable within one year | 42/48 | €14,578 | €19,403 | +€4,824 | +33.1% |
| Current portion of amounts payable after more than one year | 42 | €7,390 | €7,786 | +€396 | +5.4% |
| Trade debts | 44 | €674 | €1,218 | +€544 | +80.7% |
| Suppliers | 440/4 | €674 | €1,218 | +€544 | +80.7% |
| Taxes, remuneration and social security | 45 | €6,236 | €3,957 | -€2,279 | -36.6% |
| Taxes | 450/3 | €4,536 | €3,957 | -€579 | -12.8% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | €278 | €6,442 | +€6,164 | +2215.3% |
| Accrued charges and deferred income | 492/3 | €1,744 | €700 | -€1,044 | -59.9% |
| Remuneration, social security and pensions | 62 | €1,520 | €1,016 | -€504 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,485 | €6,026 | +€541 | +9.9% |
| Gross operating margin | 9900 | €43,039 | €12,322 | -€30,717 | -71.4% |
| Operating profit (loss) | 9901 | €36,034 | €5,280 | -€30,753 | -85.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,766 | €1,395 | -€371 | -21.0% |
| Recurring financial charges | 65 | €1,766 | €1,395 | -€371 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €34,267 | €3,885 | -€30,382 | -88.7% |
| Income taxes | 67/77 | €9,536 | €2,280 | -€7,256 | -76.1% |
| Profit (loss) for the period | 9904 | €24,731 | €1,605 | -€23,126 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,731 | €1,605 | -€23,126 | -93.5% |
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 30 September 2026 via checked.be.