MEDI-BU: 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-BU
Largest movements
- Receivables within one year +€202,068
up €202,068 (+5606.1%), from €3,604 to €205,673
of which Other amounts receivable: +€205,673
- Cash -€196,702
down €196,702 (-16.0%), from €1.2m to €1.0m
mainly Contributions, distributions and other (-€556,000) and Receivables within one year (-€202,068)
- Receivables after one year -€20,000
down €20,000 (-25.0%), from €80,000 to €60,000
- Other debts +€439,986
up €439,986 (+472.8%), from €93,066 to €533,052
- Reserves -€425,000
down €425,000 (-43.3%), from €981,860 to €556,860
of which Distributable reserves: -€425,000
- Tax, wage and social debts -€36,582
down €36,582 (-40.3%), from €90,871 to €54,289
of which Taxes: -€35,826
- Gross operating margin -€39,236
down €39,236 (-15.6%), from €252,064 to €212,827
- Purchases and services -€32,518
down €32,518 (-21.3%), from €152,492 to €119,974
- Taxes -€11,928
down €11,928 (-17.5%), from €67,979 to €56,052
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 | €1,383,813 | €1,361,518 | -€22,295 | -1.6% |
| Fixed assets | 21/28 | €67,537 | €57,069 | -€10,468 | -15.5% |
| Tangible fixed assets | 22/27 | €67,537 | €57,069 | -€10,468 | -15.5% |
| Land and buildings | 22 | €62,775 | €56,187 | -€6,588 | -10.5% |
| Furniture and vehicles | 24 | €4,762 | €882 | -€3,880 | -81.5% |
| Current assets | 29/58 | €1,316,276 | €1,304,449 | -€11,828 | -0.9% |
| Amounts receivable after more than one year | 29 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Other amounts receivable | 291 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €3,604 | €205,673 | +€202,068 | +5606.1% |
| Trade receivables | 40 | €3,604 | - | -€3,604 | |
| Other amounts receivable | 41 | - | €205,673 | +€205,673 | |
| Cash at bank and in hand | 54/58 | €1,232,672 | €1,035,970 | -€196,702 | -16.0% |
| Deferred charges and accrued income | 490/1 | - | €2,806 | +€2,806 | |
| Total equity and liabilities | 10/49 | €1,383,813 | €1,361,518 | -€22,295 | -1.6% |
| Equity | 10/15 | €1,198,872 | €774,177 | -€424,695 | -35.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Other | 1109/19 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €981,860 | €556,860 | -€425,000 | -43.3% |
| 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 | €980,000 | €555,000 | -€425,000 | -43.4% |
| Profit (loss) carried forward | 14 | €204,612 | €204,917 | +€305 | +0.1% |
| Amounts payable | 17/49 | €184,941 | €587,341 | +€402,400 | +217.6% |
| Amounts payable within one year | 42/48 | €184,941 | €587,341 | +€402,400 | +217.6% |
| Trade debts | 44 | €1,004 | - | -€1,004 | |
| Suppliers | 440/4 | €1,004 | - | -€1,004 | |
| Taxes, remuneration and social security | 45 | €90,871 | €54,289 | -€36,582 | -40.3% |
| Taxes | 450/3 | €89,263 | €53,437 | -€35,826 | -40.1% |
| Remuneration and social security | 454/9 | €1,608 | €852 | -€756 | -47.0% |
| Other amounts payable | 47/48 | €93,066 | €533,052 | +€439,986 | +472.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €152,492 | €119,974 | -€32,518 | -21.3% |
| Remuneration, social security and pensions | 62 | €18,339 | €19,111 | +€772 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,145 | €10,468 | -€1,677 | -13.8% |
| Other operating charges | 640/8 | €1,934 | €1,670 | -€264 | -13.6% |
| Gross operating margin | 9900 | €252,064 | €212,827 | -€39,236 | -15.6% |
| Operating profit (loss) | 9901 | €219,647 | €181,579 | -€38,067 | -17.3% |
| Financial income | 75/76B | €6,142 | €6,064 | -€78 | -1.3% |
| Recurring financial income | 75 | €6,142 | €6,064 | -€78 | -1.3% |
| Financial charges | 65/66B | €284 | €287 | +€3 | +1.2% |
| Recurring financial charges | 65 | €284 | €287 | +€3 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €225,504 | €187,356 | -€38,148 | -16.9% |
| Income taxes | 67/77 | €67,979 | €56,052 | -€11,928 | -17.5% |
| Profit (loss) for the period | 9904 | €157,525 | €131,305 | -€26,221 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €157,525 | €131,305 | -€26,221 | -16.6% |
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 6 October 2026 via checked.be.