MEDI-BAYT: 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.
MEDI-BAYT
Largest movements
- Stocks and contracts -€37,550
no longer reported in 2024 (was €37,550)
- Cash -€2,698
no longer reported in 2024 (was €2,698)
mainly Net result for the year (-€22,410) and Other debts (-€13,659)
- Receivables within one year -€1,927
down €1,927 (-54.8%), from €3,515 to €1,589
- Tangible fixed assets -€814
down €814 (-27.1%), from €3,003 to €2,189
- Profit (loss) carried forward -€22,410
down €22,410, from €13,690 to -€8,721
- Other debts -€13,659
down €13,659 (-63.7%), from €21,452 to €7,793
- Tax, wage and social debts -€4,527
no longer reported in 2024 (was €4,527)
- Trade debts -€2,610
down €2,610 (-49.1%), from €5,316 to €2,706
- Turnover -€71,374
down €71,374 (-53.3%), from €133,984 to €62,610
- Gross operating margin -€48,360
down €48,360, from €28,378 to -€19,982
- Purchases and services -€23,014
down €23,014 (-21.8%), from €105,606 to €82,592
- Staff costs -€6,306
down €6,306 (-96.6%), from €6,525 to €219
- Taxes -€3,709
down €3,709, from €3,700 to -€9
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.
Derived cash bridge
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 | €46,985 | €3,778 | -€43,207 | -92.0% |
| Fixed assets | 21/28 | €3,003 | €2,189 | -€814 | -27.1% |
| Tangible fixed assets | 22/27 | €3,003 | €2,189 | -€814 | -27.1% |
| Furniture and vehicles | 24 | €3,003 | €2,189 | -€814 | -27.1% |
| Current assets | 29/58 | €43,982 | €1,589 | -€42,393 | -96.4% |
| Stocks and contracts in progress | 3 | €37,550 | - | -€37,550 | |
| Stocks | 30/36 | €37,550 | - | -€37,550 | |
| Amounts receivable within one year | 40/41 | €3,515 | €1,589 | -€1,927 | -54.8% |
| Trade receivables | 40 | €3,515 | €1,589 | -€1,927 | -54.8% |
| Cash at bank and in hand | 54/58 | €2,698 | - | -€2,698 | |
| Deferred charges and accrued income | 490/1 | €219 | - | -€219 | |
| Total equity and liabilities | 10/49 | €46,985 | €3,778 | -€43,207 | -92.0% |
| Equity | 10/15 | €15,690 | -€6,721 | -€22,410 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,690 | -€8,721 | -€22,410 | |
| Amounts payable | 17/49 | €31,296 | €10,499 | -€20,797 | -66.5% |
| Amounts payable within one year | 42/48 | €31,296 | €10,499 | -€20,797 | -66.5% |
| Trade debts | 44 | €5,316 | €2,706 | -€2,610 | -49.1% |
| Suppliers | 440/4 | €5,316 | €2,706 | -€2,610 | -49.1% |
| Taxes, remuneration and social security | 45 | €4,527 | - | -€4,527 | |
| Taxes | 450/3 | €4,527 | - | -€4,527 | |
| Other amounts payable | 47/48 | €21,452 | €7,793 | -€13,659 | -63.7% |
| Turnover | 70 | €133,984 | €62,610 | -€71,374 | -53.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,606 | €82,592 | -€23,014 | -21.8% |
| Remuneration, social security and pensions | 62 | €6,525 | €219 | -€6,306 | -96.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €814 | +€415 | +104% |
| Other operating charges | 640/8 | - | €414 | +€414 | |
| Gross operating margin | 9900 | €28,378 | -€19,982 | -€48,360 | |
| Operating profit (loss) | 9901 | €21,455 | -€21,428 | -€42,883 | |
| Financial charges | 65/66B | €2,850 | €991 | -€1,859 | -65.2% |
| Recurring financial charges | 65 | €2,850 | €991 | -€1,859 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €18,605 | -€22,419 | -€41,024 | |
| Income taxes | 67/77 | €3,700 | -€9 | -€3,709 | |
| Profit (loss) for the period | 9904 | €14,905 | -€22,410 | -€37,316 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,905 | -€22,410 | -€37,316 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.