MEDI BLASE: 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 BLASE
Largest movements
- Current investments +€130,766
up €130,766 (+33.1%), from €395,360 to €526,127
- Cash -€30,123
down €30,123 (-13.6%), from €221,929 to €191,807
mainly Current investments (-€130,766) and Contributions, distributions and other (-€82,000)
- Tangible fixed assets -€16,997
down €16,997 (-23.5%), from €72,317 to €55,320
of which Furniture and vehicles: -€13,698
- Reserves +€82,900
up €82,900 (+12.2%), from €681,860 to €764,760
of which Distributable reserves: +€82,900
- Financial income +€41,212
up €41,212 (+435.5%), from €9,464 to €50,676
- Taxes +€5,022
up €5,022 (+9.2%), from €54,474 to €59,496
- Gross operating margin -€4,023
down €4,023 (-1.8%), from €220,981 to €216,958
- Other operating charges -€2,784
down €2,784 (-61.5%), from €4,523 to €1,739
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 | €712,168 | €794,644 | +€82,475 | +11.6% |
| Fixed assets | 21/28 | €72,462 | €55,465 | -€16,997 | -23.5% |
| Tangible fixed assets | 22/27 | €72,317 | €55,320 | -€16,997 | -23.5% |
| Plant, machinery and equipment | 23 | €1,791 | €2,366 | +€575 | +32.1% |
| Furniture and vehicles | 24 | €49,263 | €35,566 | -€13,698 | -27.8% |
| Other tangible fixed assets | 26 | €21,263 | €17,388 | -€3,875 | -18.2% |
| Financial fixed assets | 28 | €145 | €145 | = | 0.0% |
| Current assets | 29/58 | €639,706 | €739,179 | +€99,473 | +15.5% |
| Amounts receivable within one year | 40/41 | €17,617 | €16,244 | -€1,373 | -7.8% |
| Other amounts receivable | 41 | €17,617 | €16,244 | -€1,373 | -7.8% |
| Current investments | 50/53 | €395,360 | €526,127 | +€130,766 | +33.1% |
| Cash at bank and in hand | 54/58 | €221,929 | €191,807 | -€30,123 | -13.6% |
| Deferred charges and accrued income | 490/1 | €4,799 | €5,001 | +€202 | +4.2% |
| Total equity and liabilities | 10/49 | €712,168 | €794,644 | +€82,475 | +11.6% |
| Equity | 10/15 | €705,029 | €787,931 | +€82,902 | +11.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €681,860 | €764,760 | +€82,900 | +12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €680,000 | €762,900 | +€82,900 | +12.2% |
| Profit (loss) carried forward | 14 | €10,769 | €10,771 | +€2 | 0.0% |
| Amounts payable | 17/49 | €7,139 | €6,712 | -€426 | -6.0% |
| Amounts payable within one year | 42/48 | €7,139 | €6,712 | -€426 | -6.0% |
| Trade debts | 44 | €3,825 | €3,255 | -€570 | -14.9% |
| Suppliers | 440/4 | €3,825 | €3,255 | -€570 | -14.9% |
| Taxes, remuneration and social security | 45 | €3,314 | €3,457 | +€144 | +4.3% |
| Taxes | 450/3 | €703 | €919 | +€215 | +30.6% |
| Remuneration and social security | 454/9 | €2,610 | €2,539 | -€72 | -2.7% |
| Remuneration, social security and pensions | 62 | €21,331 | €19,926 | -€1,405 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,536 | €19,256 | +€720 | +3.9% |
| Other operating charges | 640/8 | €4,523 | €1,739 | -€2,784 | -61.5% |
| Gross operating margin | 9900 | €220,981 | €216,958 | -€4,023 | -1.8% |
| Operating profit (loss) | 9901 | €176,591 | €176,037 | -€554 | -0.3% |
| Financial income | 75/76B | €9,464 | €50,676 | +€41,212 | +435.5% |
| Recurring financial income | 75 | €9,464 | €50,676 | +€41,212 | +435.5% |
| Financial charges | 65/66B | €4,459 | €2,315 | -€2,144 | -48.1% |
| Recurring financial charges | 65 | €4,459 | €2,315 | -€2,144 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €181,596 | €224,398 | +€42,802 | +23.6% |
| Income taxes | 67/77 | €54,474 | €59,496 | +€5,022 | +9.2% |
| Profit (loss) for the period | 9904 | €127,122 | €164,902 | +€37,780 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,122 | €164,902 | +€37,780 | +29.7% |
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 5 October 2026 via checked.be.