Medeor: 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.
Medeor
Largest movements
- Receivables within one year -€4,151
down €4,151 (-37.6%), from €11,025 to €6,874
- Cash +€807
up €807 (+283.2%), from €285 to €1,092
mainly Receivables within one year (+€4,151) and Net result for the year (+€2,516)
- Current portion of long-term debt -€5,185
down €5,185 (-100.0%), from €5,185 to €0
- Profit (loss) carried forward +€2,516
up €2,516 (+185.9%), from €1,353 to €3,870
- Other debts -€581
down €581 (-100.0%), from €581 to €0
- Financial charges -€580
down €580 (-74.5%), from €779 to €199
- Depreciation -€271
down €271 (-100.0%), from €271 to €0
- Other operating charges +€156
up €156 (+85.6%), from €183 to €339
- Taxes -€108
down €108 (-44.7%), from €242 to €134
- Gross operating margin +€78
up €78 (+2.6%), from €2,979 to €3,057
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 | €11,310 | €7,967 | -€3,343 | -29.6% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €11,310 | €7,967 | -€3,343 | -29.6% |
| Amounts receivable within one year | 40/41 | €11,025 | €6,874 | -€4,151 | -37.6% |
| Other amounts receivable | 41 | €11,025 | €6,874 | -€4,151 | -37.6% |
| Cash at bank and in hand | 54/58 | €285 | €1,092 | +€807 | +283.2% |
| Total equity and liabilities | 10/49 | €11,310 | €7,967 | -€3,343 | -29.6% |
| Equity | 10/15 | €4,353 | €6,870 | +€2,516 | +57.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,353 | €3,870 | +€2,516 | +185.9% |
| Amounts payable | 17/49 | €6,957 | €1,097 | -€5,860 | -84.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €6,572 | €697 | -€5,875 | -89.4% |
| Current portion of amounts payable after more than one year | 42 | €5,185 | €0 | -€5,185 | -100.0% |
| Trade debts | 44 | €564 | €563 | -€1 | -0.2% |
| Suppliers | 440/4 | €564 | €563 | -€1 | -0.2% |
| Taxes, remuneration and social security | 45 | €242 | €134 | -€108 | -44.7% |
| Taxes | 450/3 | €242 | €134 | -€108 | -44.7% |
| Other amounts payable | 47/48 | €581 | €0 | -€581 | -100.0% |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€15 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271 | €0 | -€271 | -100.0% |
| Other operating charges | 640/8 | €183 | €339 | +€156 | +85.6% |
| Gross operating margin | 9900 | €2,979 | €3,057 | +€78 | +2.6% |
| Operating profit (loss) | 9901 | €2,525 | €2,719 | +€193 | +7.7% |
| Financial income | 75/76B | €175 | €130 | -€45 | -25.7% |
| Recurring financial income | 75 | €175 | €130 | -€45 | -25.7% |
| Financial charges | 65/66B | €779 | €199 | -€580 | -74.5% |
| Recurring financial charges | 65 | €779 | €199 | -€580 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €1,922 | €2,650 | +€728 | +37.9% |
| Income taxes | 67/77 | €242 | €134 | -€108 | -44.7% |
| Profit (loss) for the period | 9904 | €1,680 | €2,516 | +€837 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,680 | €2,516 | +€837 | +49.8% |
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 29 September 2026 via checked.be.