MEDEQUIP: 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.
MEDEQUIP
Largest movements
- Deferred charges and accrued income +€308,415
up €308,415 (+1318.6%), from €23,390 to €331,806
- Stocks and contracts -€207,763
down €207,763 (-56.2%), from €369,459 to €161,695
- Receivables within one year -€110,595
down €110,595 (-43.8%), from €252,244 to €141,649
of which Trade receivables: -€84,992
- Tangible fixed assets -€54,914
down €54,914 (-7.8%), from €704,998 to €650,084
of which Furniture and vehicles: -€30,230
- Cash +€50,740
up €50,740 (+40.3%), from €126,017 to €176,757
mainly Stocks and contracts (+€207,763) and Net result for the year (+€122,886)
- Debts after one year -€161,667
down €161,667 (-42.9%), from €376,776 to €215,109
- Reserves +€122,886
up €122,886 (+13.7%), from €898,061 to €1.0m
- Current portion of long-term debt -€40,990
down €40,990 (-32.5%), from €126,219 to €85,229
- Trade debts +€37,196
up €37,196 (+395.0%), from €9,418 to €46,613
- Other debts +€27,672
up €27,672 (+65.8%), from €42,026 to €69,697
- Gross operating margin +€105,784
up €105,784 (+57.1%), from €185,188 to €290,971
- Taxes +€31,260
up €31,260 (+130.9%), from €23,884 to €55,144
- Write-downs -€17,222
down €17,222 (-100.0%), from €17,222 to €0
- Other operating charges +€16,193
up €16,193 (+278.1%), from €5,823 to €22,016
- Financial income -€14,822
down €14,822 (-97.1%), from €15,259 to €437
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 | €1,476,108 | €1,477,991 | +€1,883 | +0.1% |
| Fixed assets | 21/28 | €704,998 | €650,084 | -€54,914 | -7.8% |
| Tangible fixed assets | 22/27 | €704,998 | €650,084 | -€54,914 | -7.8% |
| Land and buildings | 22 | €600,549 | €580,314 | -€20,235 | -3.4% |
| Plant, machinery and equipment | 23 | €18,602 | €14,153 | -€4,449 | -23.9% |
| Furniture and vehicles | 24 | €85,846 | €55,616 | -€30,230 | -35.2% |
| Current assets | 29/58 | €771,110 | €827,907 | +€56,797 | +7.4% |
| Amounts receivable after more than one year | 29 | €0 | €16,000 | +€16,000 | |
| Other amounts receivable | 291 | €0 | €16,000 | +€16,000 | |
| Stocks and contracts in progress | 3 | €369,459 | €161,695 | -€207,763 | -56.2% |
| Stocks | 30/36 | €369,459 | €161,695 | -€207,763 | -56.2% |
| Amounts receivable within one year | 40/41 | €252,244 | €141,649 | -€110,595 | -43.8% |
| Trade receivables | 40 | €214,155 | €129,163 | -€84,992 | -39.7% |
| Other amounts receivable | 41 | €38,089 | €12,486 | -€25,603 | -67.2% |
| Cash at bank and in hand | 54/58 | €126,017 | €176,757 | +€50,740 | +40.3% |
| Deferred charges and accrued income | 490/1 | €23,390 | €331,806 | +€308,415 | +1318.6% |
| Total equity and liabilities | 10/49 | €1,476,108 | €1,477,991 | +€1,883 | +0.1% |
| Equity | 10/15 | €916,661 | €1,039,547 | +€122,886 | +13.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €898,061 | €1,020,947 | +€122,886 | +13.7% |
| Distributable reserves | 133 | €898,061 | €1,020,947 | +€122,886 | +13.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €559,447 | €438,444 | -€121,003 | -21.6% |
| Amounts payable after more than one year | 17 | €376,776 | €215,109 | -€161,667 | -42.9% |
| Financial debts | 170/4 | €376,776 | €215,109 | -€161,667 | -42.9% |
| Amounts payable within one year | 42/48 | €182,670 | €214,335 | +€31,665 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €126,219 | €85,229 | -€40,990 | -32.5% |
| Financial debts | 43 | - | €3,111 | +€3,111 | |
| Credit institutions | 430/8 | - | €3,111 | +€3,111 | |
| Trade debts | 44 | €9,418 | €46,613 | +€37,196 | +395.0% |
| Suppliers | 440/4 | €9,418 | €46,613 | +€37,196 | +395.0% |
| Taxes, remuneration and social security | 45 | €5,009 | €9,684 | +€4,676 | +93.4% |
| Taxes | 450/3 | €5,009 | €9,684 | +€4,676 | +93.4% |
| Other amounts payable | 47/48 | €42,026 | €69,697 | +€27,672 | +65.8% |
| Accrued charges and deferred income | 492/3 | - | €9,000 | +€9,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,613 | €56,693 | +€80 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,222 | €0 | -€17,222 | -100.0% |
| Other operating charges | 640/8 | €5,823 | €22,016 | +€16,193 | +278.1% |
| Gross operating margin | 9900 | €185,188 | €290,971 | +€105,784 | +57.1% |
| Operating profit (loss) | 9901 | €105,530 | €212,263 | +€106,733 | +101.1% |
| Financial income | 75/76B | €15,259 | €437 | -€14,822 | -97.1% |
| Recurring financial income | 75 | €15,259 | €437 | -€14,822 | -97.1% |
| Financial charges | 65/66B | €39,443 | €34,671 | -€4,772 | -12.1% |
| Recurring financial charges | 65 | €39,443 | €34,671 | -€4,772 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €81,346 | €178,030 | +€96,684 | +118.9% |
| Income taxes | 67/77 | €23,884 | €55,144 | +€31,260 | +130.9% |
| Profit (loss) for the period | 9904 | €57,463 | €122,886 | +€65,423 | +113.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,463 | €122,886 | +€65,423 | +113.9% |
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 7 October 2026 via checked.be.