MEDESTIME: what changed
Two financial 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.
MEDESTIME
Largest movements
- Receivables within one year -€11,995
down €11,995 (-22.1%), from €54,300 to €42,305
of which Trade receivables: -€14,535
- Tangible fixed assets -€8,871
down €8,871 (-29.3%), from €30,318 to €21,447
- Intangible fixed assets -€5,141
down €5,141 (-20.0%), from €25,704 to €20,563
- Profit (loss) carried forward -€157,844
down €157,844 (-23.6%), from -€667,608 to -€825,452
- Other debts +€115,102
up €115,102 (+17.6%), from €654,891 to €769,994
- Trade debts +€27,574
up €27,574 (+88.8%), from €31,041 to €58,615
- Tax, wage and social debts -€9,450
down €9,450 (-21.3%), from €44,334 to €34,884
of which Remuneration and social security: -€10,665
- Gross operating margin +€50,901
up €50,901 (+56.7%), from -€89,823 to -€38,922
- Staff costs -€19,294
down €19,294 (-15.8%), from €122,364 to €103,070
- Depreciation +€5,062
up €5,062 (+56.6%), from €8,949 to €14,011
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 | €256,364 | €231,746 | -€24,618 | -9.6% |
| Fixed assets | 21/28 | €57,038 | €43,027 | -€14,011 | -24.6% |
| Intangible fixed assets | 21 | €25,704 | €20,563 | -€5,141 | -20.0% |
| Tangible fixed assets | 22/27 | €30,318 | €21,447 | -€8,871 | -29.3% |
| Land and buildings | 22 | €11,440 | €7,622 | -€3,818 | -33.4% |
| Furniture and vehicles | 24 | €939 | €276 | -€663 | -70.6% |
| Other tangible fixed assets | 26 | €17,939 | €13,549 | -€4,390 | -24.5% |
| Financial fixed assets | 28 | €1,016 | €1,016 | = | 0.0% |
| Current assets | 29/58 | €199,326 | €188,719 | -€10,607 | -5.3% |
| Stocks and contracts in progress | 3 | €144,812 | €144,812 | = | 0.0% |
| Stocks | 30/36 | €144,812 | €144,812 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,300 | €42,305 | -€11,995 | -22.1% |
| Trade receivables | 40 | €51,663 | €37,127 | -€14,535 | -28.1% |
| Other amounts receivable | 41 | €2,637 | €5,178 | +€2,540 | +96.3% |
| Current investments | 50/53 | €124 | €124 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €59 | €1,451 | +€1,392 | +2367.1% |
| Deferred charges and accrued income | 490/1 | €31 | €27 | -€4 | -13.0% |
| Total equity and liabilities | 10/49 | €256,364 | €231,746 | -€24,618 | -9.6% |
| Equity | 10/15 | -€520,818 | -€678,663 | -€157,844 | -30.3% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €22,843 | €22,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €10,448 | €10,448 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€667,608 | -€825,452 | -€157,844 | -23.6% |
| Investment grants | 15 | €0 | €0 | = | |
| Amounts payable | 17/49 | €777,182 | €910,409 | +€133,226 | +17.1% |
| Amounts payable after more than one year | 17 | €46,915 | €46,915 | = | 0.0% |
| Financial debts | 170/4 | €46,915 | €46,915 | = | 0.0% |
| Amounts payable within one year | 42/48 | €730,267 | €863,493 | +€133,226 | +18.2% |
| Trade debts | 44 | €31,041 | €58,615 | +€27,574 | +88.8% |
| Suppliers | 440/4 | €31,041 | €58,615 | +€27,574 | +88.8% |
| Taxes, remuneration and social security | 45 | €44,334 | €34,884 | -€9,450 | -21.3% |
| Taxes | 450/3 | €8,243 | €9,458 | +€1,215 | +14.7% |
| Remuneration and social security | 454/9 | €36,091 | €25,426 | -€10,665 | -29.6% |
| Other amounts payable | 47/48 | €654,891 | €769,994 | +€115,102 | +17.6% |
| Remuneration, social security and pensions | 62 | €122,364 | €103,070 | -€19,294 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,949 | €14,011 | +€5,062 | +56.6% |
| Other operating charges | 640/8 | €651 | €1,492 | +€842 | +129.4% |
| Gross operating margin | 9900 | -€89,823 | -€38,922 | +€50,901 | +56.7% |
| Operating profit (loss) | 9901 | -€221,786 | -€157,495 | +€64,291 | +29.0% |
| Financial income | 75/76B | €75 | €14 | -€61 | -81.1% |
| Recurring financial income | 75 | €75 | €14 | -€61 | -81.1% |
| Financial charges | 65/66B | €945 | €187 | -€757 | -80.2% |
| Recurring financial charges | 65 | €945 | €187 | -€757 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | -€222,656 | -€157,668 | +€64,988 | +29.2% |
| Income taxes | 67/77 | €144 | €176 | +€32 | +22.4% |
| Profit (loss) for the period | 9904 | -€222,800 | -€157,844 | +€64,955 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€222,800 | -€157,844 | +€64,955 | +29.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.