MEDI: 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.
MEDI
Largest movements
- Stocks and contracts +€5,781
up €5,781 (+17.8%), from €32,440 to €38,221
- Tangible fixed assets +€3,466
up €3,466 (+18.8%), from €18,463 to €21,929
of which Furniture and vehicles: +€3,500
- Cash -€3,394
down €3,394 (-19.4%), from €17,520 to €14,127
mainly Investment in fixed assets (net) (-€9,131) and Stocks and contracts (-€5,781)
- Receivables within one year +€2,336
up €2,336 (+18.9%), from €12,367 to €14,703
of which Other amounts receivable: +€11,305
- Deferred charges and accrued income +€1,332
up €1,332 (+229.8%), from €580 to €1,912
- Profit (loss) carried forward +€13,582
up €13,582 (+27.0%), from €50,393 to €63,976
- Trade debts -€2,354
no longer reported in 2024 (was €2,354)
- Other debts -€1,680
down €1,680 (-43.5%), from €3,859 to €2,179
- Purchases and services +€66,798
up €66,798 (+18.4%), from €362,803 to €429,601
- Turnover +€53,697
up €53,697 (+12.8%), from €421,090 to €474,787
- Taxes -€15,405
down €15,405, from €2,344 to -€13,061
- Gross operating margin -€13,241
down €13,241 (-22.7%), from €58,427 to €45,187
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,970 | €92,491 | +€9,522 | +11.5% |
| Fixed assets | 21/28 | €20,062 | €23,528 | +€3,466 | +17.3% |
| Tangible fixed assets | 22/27 | €18,463 | €21,929 | +€3,466 | +18.8% |
| Furniture and vehicles | 24 | €9,172 | €12,672 | +€3,500 | +38.2% |
| Other tangible fixed assets | 26 | €9,292 | €9,257 | -€34 | -0.4% |
| Financial fixed assets | 28 | €1,599 | €1,599 | = | 0.0% |
| Current assets | 29/58 | €62,908 | €68,963 | +€6,056 | +9.6% |
| Stocks and contracts in progress | 3 | €32,440 | €38,221 | +€5,781 | +17.8% |
| Stocks | 30/36 | €32,440 | €38,221 | +€5,781 | +17.8% |
| Amounts receivable within one year | 40/41 | €12,367 | €14,703 | +€2,336 | +18.9% |
| Trade receivables | 40 | €11,012 | €2,042 | -€8,969 | -81.5% |
| Other amounts receivable | 41 | €1,356 | €12,661 | +€11,305 | +834.0% |
| Cash at bank and in hand | 54/58 | €17,520 | €14,127 | -€3,394 | -19.4% |
| Deferred charges and accrued income | 490/1 | €580 | €1,912 | +€1,332 | +229.8% |
| Total equity and liabilities | 10/49 | €82,970 | €92,491 | +€9,522 | +11.5% |
| Equity | 10/15 | €70,844 | €84,427 | +€13,582 | +19.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,393 | €63,976 | +€13,582 | +27.0% |
| Amounts payable | 17/49 | €12,125 | €8,064 | -€4,061 | -33.5% |
| Amounts payable within one year | 42/48 | €12,125 | €8,064 | -€4,061 | -33.5% |
| Trade debts | 44 | €2,354 | - | -€2,354 | |
| Suppliers | 440/4 | €2,354 | - | -€2,354 | |
| Advances received on contracts in progress | 46 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €5,813 | €5,885 | +€73 | +1.3% |
| Remuneration and social security | 454/9 | €5,813 | €5,885 | +€73 | +1.3% |
| Other amounts payable | 47/48 | €3,859 | €2,179 | -€1,680 | -43.5% |
| Turnover | 70 | €421,090 | €474,787 | +€53,697 | +12.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €362,803 | €429,601 | +€66,798 | +18.4% |
| Remuneration, social security and pensions | 62 | €34,134 | €35,459 | +€1,325 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,524 | €5,665 | -€1,858 | -24.7% |
| Other operating charges | 640/8 | €1,816 | €3,106 | +€1,290 | +71.1% |
| Non-recurring operating charges | 66A | €9,600 | - | -€9,600 | |
| Gross operating margin | 9900 | €58,427 | €45,187 | -€13,241 | -22.7% |
| Operating profit (loss) | 9901 | €5,355 | €957 | -€4,398 | -82.1% |
| Financial income | 75/76B | €982 | - | -€982 | |
| Recurring financial income | 75 | €982 | - | -€982 | |
| Financial charges | 65/66B | - | €435 | +€435 | |
| Recurring financial charges | 65 | - | €435 | +€435 | |
| Profit (loss) for the period before taxes | 9903 | €6,336 | €522 | -€5,815 | -91.8% |
| Income taxes | 67/77 | €2,344 | -€13,061 | -€15,405 | |
| Profit (loss) for the period | 9904 | €3,993 | €13,582 | +€9,590 | +240.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,993 | €13,582 | +€9,590 | +240.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.