MEDENI: 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.
MEDENI
Largest movements
- Tangible fixed assets -€5,355
down €5,355 (-70.7%), from €7,575 to €2,219
- Financial fixed assets +€4,200
new in 2025: €4,200
- Cash -€3,144
down €3,144 (-42.1%), from €7,467 to €4,323
mainly Other debts (-€6,471) and Investment in fixed assets (net) (-€4,200)
- Receivables within one year +€2,973
up €2,973 (+14.1%), from €21,018 to €23,991
of which Trade receivables: +€7,173
- Other debts -€6,471
down €6,471 (-97.2%), from €6,659 to €187
- Profit (loss) carried forward +€4,865
up €4,865 (+189.6%), from €2,566 to €7,431
- Turnover +€5,711
up €5,711 (+7.3%), from €78,275 to €83,986
- Purchases and services +€4,867
up €4,867 (+7.3%), from €66,659 to €71,526
- Gross operating margin +€2,494
up €2,494 (+21.5%), from €11,616 to €14,110
- Taxes +€911
up €911 (+86.7%), from €1,051 to €1,962
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 | €36,059 | €34,733 | -€1,326 | -3.7% |
| Fixed assets | 21/28 | €7,575 | €6,419 | -€1,155 | -15.3% |
| Tangible fixed assets | 22/27 | €7,575 | €2,219 | -€5,355 | -70.7% |
| Plant, machinery and equipment | 23 | €7,575 | €2,219 | -€5,355 | -70.7% |
| Financial fixed assets | 28 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €28,485 | €28,314 | -€171 | -0.6% |
| Amounts receivable within one year | 40/41 | €21,018 | €23,991 | +€2,973 | +14.1% |
| Trade receivables | 40 | €16,818 | €23,991 | +€7,173 | +42.7% |
| Other amounts receivable | 41 | €4,200 | - | -€4,200 | |
| Cash at bank and in hand | 54/58 | €7,467 | €4,323 | -€3,144 | -42.1% |
| Total equity and liabilities | 10/49 | €36,059 | €34,733 | -€1,326 | -3.7% |
| Equity | 10/15 | €27,566 | €32,431 | +€4,865 | +17.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,566 | €7,431 | +€4,865 | +189.6% |
| Amounts payable | 17/49 | €8,493 | €2,302 | -€6,191 | -72.9% |
| Amounts payable within one year | 42/48 | €8,493 | €2,302 | -€6,191 | -72.9% |
| Trade debts | 44 | - | €153 | +€153 | |
| Suppliers | 440/4 | - | €153 | +€153 | |
| Taxes, remuneration and social security | 45 | €1,835 | €1,962 | +€128 | +6.9% |
| Taxes | 450/3 | €1,835 | €1,962 | +€128 | +6.9% |
| Other amounts payable | 47/48 | €6,659 | €187 | -€6,471 | -97.2% |
| Turnover | 70 | €78,275 | €83,986 | +€5,711 | +7.3% |
| Non-recurring operating income | 76A | - | €1,650 | +€1,650 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,659 | €71,526 | +€4,867 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,645 | €5,355 | -€289 | -5.1% |
| Other operating charges | 640/8 | €622 | €1,215 | +€593 | +95.5% |
| Gross operating margin | 9900 | €11,616 | €14,110 | +€2,494 | +21.5% |
| Operating profit (loss) | 9901 | €5,349 | €7,539 | +€2,190 | +40.9% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €744 | €712 | -€32 | -4.3% |
| Recurring financial charges | 65 | €744 | €712 | -€32 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €4,634 | €6,827 | +€2,193 | +47.3% |
| Income taxes | 67/77 | €1,051 | €1,962 | +€911 | +86.7% |
| Profit (loss) for the period | 9904 | €3,583 | €4,865 | +€1,282 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,583 | €4,865 | +€1,282 | +35.8% |
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 30 September 2026 via checked.be.