MEDI - ANNE: 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 - ANNE
Largest movements
- Cash +€24,198
up €24,198 (+10.6%), from €228,656 to €252,854
mainly Net result for the year (+€130,208) and Other debts (+€102,741)
- Tangible fixed assets -€19,165
down €19,165 (-12.9%), from €148,365 to €129,200
of which Land and buildings: -€12,799
- Current investments +€13,321
up €13,321 (+11.4%), from €117,323 to €130,644
- Receivables within one year -€8,000
no longer reported in 2025 (was €8,000)
- Other debts +€102,741
up €102,741 (+96.8%), from €106,107 to €208,848
- Reserves -€75,000
down €75,000 (-22.2%), from €337,480 to €262,480
- Tax, wage and social debts -€24,357
down €24,357 (-54.5%), from €44,667 to €20,310
- Profit (loss) carried forward +€5,208
up €5,208 (+210.3%), from €2,477 to €7,685
- Taxes +€13,114
up €13,114 (+31.1%), from €42,113 to €55,227
- Gross operating margin +€9,746
up €9,746 (+4.9%), from €198,922 to €208,668
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 | €509,854 | €517,214 | +€7,360 | +1.4% |
| Fixed assets | 21/28 | €148,415 | €129,250 | -€19,165 | -12.9% |
| Tangible fixed assets | 22/27 | €148,365 | €129,200 | -€19,165 | -12.9% |
| Land and buildings | 22 | €95,337 | €82,538 | -€12,799 | -13.4% |
| Furniture and vehicles | 24 | €10,242 | €10,478 | +€236 | +2.3% |
| Other tangible fixed assets | 26 | €42,786 | €36,184 | -€6,602 | -15.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €361,439 | €387,964 | +€26,525 | +7.3% |
| Amounts receivable within one year | 40/41 | €8,000 | - | -€8,000 | |
| Other amounts receivable | 41 | €8,000 | - | -€8,000 | |
| Current investments | 50/53 | €117,323 | €130,644 | +€13,321 | +11.4% |
| Cash at bank and in hand | 54/58 | €228,656 | €252,854 | +€24,198 | +10.6% |
| Deferred charges and accrued income | 490/1 | €7,460 | €4,466 | -€2,994 | -40.1% |
| Total equity and liabilities | 10/49 | €509,854 | €517,214 | +€7,360 | +1.4% |
| Equity | 10/15 | €352,357 | €282,565 | -€69,792 | -19.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €337,480 | €262,480 | -€75,000 | -22.2% |
| Distributable reserves | 133 | €337,480 | €262,480 | -€75,000 | -22.2% |
| Profit (loss) carried forward | 14 | €2,477 | €7,685 | +€5,208 | +210.3% |
| Amounts payable | 17/49 | €157,497 | €234,649 | +€77,152 | +49.0% |
| Amounts payable within one year | 42/48 | €156,297 | €233,449 | +€77,152 | +49.4% |
| Trade debts | 44 | €3,687 | €2,130 | -€1,557 | -42.2% |
| Suppliers | 440/4 | €3,687 | €2,130 | -€1,557 | -42.2% |
| Advances received on contracts in progress | 46 | €1,836 | €2,161 | +€325 | +17.7% |
| Taxes, remuneration and social security | 45 | €44,667 | €20,310 | -€24,357 | -54.5% |
| Taxes | 450/3 | €44,667 | €20,310 | -€24,357 | -54.5% |
| Other amounts payable | 47/48 | €106,107 | €208,848 | +€102,741 | +96.8% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,440 | €22,654 | +€214 | +1.0% |
| Other operating charges | 640/8 | €1,288 | €1,963 | +€675 | +52.4% |
| Gross operating margin | 9900 | €198,922 | €208,668 | +€9,746 | +4.9% |
| Operating profit (loss) | 9901 | €175,194 | €184,051 | +€8,857 | +5.1% |
| Financial income | 75/76B | €1,342 | €1,778 | +€436 | +32.5% |
| Recurring financial income | 75 | €1,342 | €1,778 | +€436 | +32.5% |
| Financial charges | 65/66B | €1,502 | €394 | -€1,108 | -73.8% |
| Recurring financial charges | 65 | €1,502 | €394 | -€1,108 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | €175,034 | €185,435 | +€10,401 | +5.9% |
| Income taxes | 67/77 | €42,113 | €55,227 | +€13,114 | +31.1% |
| Profit (loss) for the period | 9904 | €132,921 | €130,208 | -€2,713 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €132,921 | €130,208 | -€2,713 | -2.0% |
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.