MEDEMPTI: 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.
MEDEMPTI
Largest movements
- Cash +€93,156
up €93,156 (+23.6%), from €394,576 to €487,732
mainly Net result for the year (+€88,784) and Depreciation (+€13,748)
- Tangible fixed assets -€12,129
down €12,129 (-4.5%), from €269,054 to €256,925
of which Land and buildings: -€9,987
- Reserves +€88,784
up €88,784 (+32.8%), from €270,578 to €359,361
of which Distributable reserves: +€88,784
- Debts after one year -€14,179
down €14,179 (-13.4%), from €105,442 to €91,263
- Gross operating margin +€39,911
up €39,911 (+38.8%), from €102,804 to €142,715
- Taxes +€15,474
up €15,474 (+74.4%), from €20,804 to €36,278
- Depreciation -€9,878
down €9,878 (-41.8%), from €23,627 to €13,748
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 | €670,911 | €749,386 | +€78,475 | +11.7% |
| Fixed assets | 21/28 | €269,169 | €257,040 | -€12,129 | -4.5% |
| Tangible fixed assets | 22/27 | €269,054 | €256,925 | -€12,129 | -4.5% |
| Land and buildings | 22 | €265,335 | €255,348 | -€9,987 | -3.8% |
| Plant, machinery and equipment | 23 | €149 | €1,576 | +€1,427 | +959.7% |
| Furniture and vehicles | 24 | €3,570 | - | -€3,570 | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €401,742 | €492,347 | +€90,604 | +22.6% |
| Amounts receivable within one year | 40/41 | €4,608 | €2,794 | -€1,814 | -39.4% |
| Other amounts receivable | 41 | €4,608 | €2,794 | -€1,814 | -39.4% |
| Cash at bank and in hand | 54/58 | €394,576 | €487,732 | +€93,156 | +23.6% |
| Deferred charges and accrued income | 490/1 | €2,558 | €1,821 | -€737 | -28.8% |
| Total equity and liabilities | 10/49 | €670,911 | €749,386 | +€78,475 | +11.7% |
| Equity | 10/15 | €497,524 | €586,308 | +€88,784 | +17.8% |
| Contributions | 10/11 | €172,000 | €172,000 | = | 0.0% |
| Reserves | 13 | €270,578 | €359,361 | +€88,784 | +32.8% |
| Non-distributable reserves | 130/1 | €17,200 | €17,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,200 | €17,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,271 | €6,271 | = | 0.0% |
| Distributable reserves | 133 | €247,107 | €335,891 | +€88,784 | +35.9% |
| Profit (loss) carried forward | 14 | €54,946 | €54,946 | = | 0.0% |
| Amounts payable | 17/49 | €173,387 | €163,079 | -€10,309 | -5.9% |
| Amounts payable after more than one year | 17 | €105,442 | €91,263 | -€14,179 | -13.4% |
| Financial debts | 170/4 | €105,442 | €91,263 | -€14,179 | -13.4% |
| Amounts payable within one year | 42/48 | €67,945 | €71,816 | +€3,870 | +5.7% |
| Taxes, remuneration and social security | 45 | €5,322 | €8,878 | +€3,556 | +66.8% |
| Taxes | 450/3 | €5,322 | €8,878 | +€3,556 | +66.8% |
| Other amounts payable | 47/48 | €62,623 | €62,937 | +€314 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,627 | €13,748 | -€9,878 | -41.8% |
| Gross operating margin | 9900 | €102,804 | €142,715 | +€39,911 | +38.8% |
| Operating profit (loss) | 9901 | €79,178 | €128,967 | +€49,789 | +62.9% |
| Financial charges | 65/66B | €5,151 | €3,905 | -€1,247 | -24.2% |
| Recurring financial charges | 65 | €5,151 | €3,905 | -€1,247 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €74,026 | €125,062 | +€51,036 | +68.9% |
| Income taxes | 67/77 | €20,804 | €36,278 | +€15,474 | +74.4% |
| Profit (loss) for the period | 9904 | €53,222 | €88,784 | +€35,562 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,222 | €88,784 | +€35,562 | +66.8% |
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 4 October 2026 via checked.be.