MEDFAC: 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.
MEDFAC
Largest movements
- Cash +€338,962
up €338,962 (+39.4%), from €860,725 to €1.2m
mainly Receivables within one year (+€321,461) and Net result for the year (+€207,786)
- Receivables within one year -€321,461
down €321,461 (-3.3%), from €9.9m to €9.5m
of which Other amounts receivable: -€315,161
- Reserves +€207,786
up €207,786 (+1.2%), from €17.1m to €17.3m
of which Distributable reserves: +€207,786
- Gross operating margin -€10.0m
down €10.0m, from €10.0m to -€11,357
- Financial income -€3.6m
down €3.6m (-93.2%), from €3.8m to €261,775
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.
Derived cash bridge
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 | €17,551,511 | €17,716,229 | +€164,718 | +0.9% |
| Fixed assets | 21/28 | €6,839,254 | €6,986,471 | +€147,217 | +2.2% |
| Financial fixed assets | 28 | €6,839,254 | €6,986,471 | +€147,217 | +2.2% |
| Current assets | 29/58 | €10,712,256 | €10,729,758 | +€17,501 | +0.2% |
| Amounts receivable within one year | 40/41 | €9,851,532 | €9,530,071 | -€321,461 | -3.3% |
| Trade receivables | 40 | €8,400 | €2,100 | -€6,300 | -75.0% |
| Other amounts receivable | 41 | €9,843,132 | €9,527,971 | -€315,161 | -3.2% |
| Cash at bank and in hand | 54/58 | €860,725 | €1,199,687 | +€338,962 | +39.4% |
| Total equity and liabilities | 10/49 | €17,551,511 | €17,716,229 | +€164,718 | +0.9% |
| Equity | 10/15 | €17,146,567 | €17,354,353 | +€207,786 | +1.2% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €17,126,767 | €17,334,553 | +€207,786 | +1.2% |
| Non-distributable reserves | 130/1 | €1,980 | €1,980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,980 | €1,980 | = | 0.0% |
| Distributable reserves | 133 | €17,124,787 | €17,332,573 | +€207,786 | +1.2% |
| Amounts payable | 17/49 | €404,944 | €361,876 | -€43,067 | -10.6% |
| Amounts payable after more than one year | 17 | €305,472 | €242,893 | -€62,579 | -20.5% |
| Financial debts | 170/4 | €305,472 | €242,893 | -€62,579 | -20.5% |
| Amounts payable within one year | 42/48 | €99,257 | €118,496 | +€19,239 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €59,793 | €62,579 | +€2,786 | +4.7% |
| Trade debts | 44 | €11,994 | €2,993 | -€9,002 | -75.1% |
| Suppliers | 440/4 | €11,994 | €2,993 | -€9,002 | -75.1% |
| Taxes, remuneration and social security | 45 | - | €25,454 | +€25,454 | |
| Taxes | 450/3 | - | €25,454 | +€25,454 | |
| Other amounts payable | 47/48 | €27,470 | €27,470 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €215 | €488 | +€273 | +127% |
| Non-recurring operating income | 76A | €9,998,581 | €0 | -€10.0m | -100% |
| Other operating charges | 640/8 | €1,175 | €1,123 | -€51 | -4.3% |
| Gross operating margin | 9900 | €9,963,187 | -€11,357 | -€10.0m | |
| Operating profit (loss) | 9901 | €9,962,012 | -€12,480 | -€10.0m | |
| Financial income | 75/76B | €3,829,739 | €261,775 | -€3.6m | -93.2% |
| Recurring financial income | 75 | €3,829,739 | €261,775 | -€3.6m | -93.2% |
| Financial charges | 65/66B | €71,634 | €16,055 | -€55,579 | -77.6% |
| Recurring financial charges | 65 | €71,634 | €16,055 | -€55,579 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | €13,720,118 | €233,240 | -€13.5m | -98.3% |
| Income taxes | 67/77 | - | €25,454 | +€25,454 | |
| Profit (loss) for the period | 9904 | €13,720,118 | €207,786 | -€13.5m | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,720,118 | €207,786 | -€13.5m | -98.5% |
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 15 October 2026 via checked.be.