MEDI - FORME: 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 - FORME
Largest movements
- Receivables within one year +€19,479
up €19,479 (+32.7%), from €59,506 to €78,985
of which Other amounts receivable: +€19,479
- Tangible fixed assets -€4,931
down €4,931 (-14.6%), from €33,784 to €28,854
of which Furniture and vehicles: -€4,376
- Cash -€1,980
down €1,980 (-10.1%), from €19,595 to €17,615
mainly Receivables within one year (-€19,479) and Contributions, distributions and other (-€17,000)
- Other debts +€11,900
new in 2025: €11,900
- Tax, wage and social debts +€5,356
up €5,356 (+66.6%), from €8,046 to €13,402
- Debts after one year -€3,841
down €3,841 (-30.7%), from €12,510 to €8,669
of which Financial debts: -€3,841
- Gross operating margin -€17,048
down €17,048 (-29.1%), from €58,582 to €41,534
- Taxes -€4,544
down €4,544 (-35.4%), from €12,846 to €8,302
- Depreciation +€793
up €793 (+6.3%), from €12,640 to €13,433
- Other operating charges -€604
down €604 (-25.7%), from €2,350 to €1,746
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 | €114,074 | €126,772 | +€12,698 | +11.1% |
| Fixed assets | 21/28 | €33,784 | €28,854 | -€4,931 | -14.6% |
| Tangible fixed assets | 22/27 | €33,784 | €28,854 | -€4,931 | -14.6% |
| Land and buildings | 22 | - | €3,197 | +€3,197 | |
| Plant, machinery and equipment | 23 | €10,796 | €7,043 | -€3,752 | -34.8% |
| Furniture and vehicles | 24 | €22,988 | €18,613 | -€4,376 | -19.0% |
| Current assets | 29/58 | €80,290 | €97,918 | +€17,628 | +22.0% |
| Amounts receivable within one year | 40/41 | €59,506 | €78,985 | +€19,479 | +32.7% |
| Trade receivables | 40 | €1,400 | €1,400 | = | 0.0% |
| Other amounts receivable | 41 | €58,106 | €77,585 | +€19,479 | +33.5% |
| Cash at bank and in hand | 54/58 | €19,595 | €17,615 | -€1,980 | -10.1% |
| Deferred charges and accrued income | 490/1 | €1,189 | €1,317 | +€129 | +10.8% |
| Total equity and liabilities | 10/49 | €114,074 | €126,772 | +€12,698 | +11.1% |
| Equity | 10/15 | €84,033 | €84,435 | +€402 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €77,833 | €78,235 | +€402 | +0.5% |
| Tax-exempt reserves | 132 | €1,800 | €1,800 | = | 0.0% |
| Distributable reserves | 133 | €76,033 | €76,435 | +€402 | +0.5% |
| Amounts payable | 17/49 | €30,041 | €42,336 | +€12,296 | +40.9% |
| Amounts payable after more than one year | 17 | €12,510 | €8,669 | -€3,841 | -30.7% |
| Financial debts | 170/4 | €7,510 | €3,669 | -€3,841 | -51.1% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,530 | €33,667 | +€16,137 | +92.1% |
| Current portion of amounts payable after more than one year | 42 | €4,964 | €3,841 | -€1,123 | -22.6% |
| Trade debts | 44 | €4,520 | €4,524 | +€4 | +0.1% |
| Suppliers | 440/4 | €4,520 | €4,524 | +€4 | +0.1% |
| Taxes, remuneration and social security | 45 | €8,046 | €13,402 | +€5,356 | +66.6% |
| Taxes | 450/3 | €8,046 | €13,402 | +€5,356 | +66.6% |
| Other amounts payable | 47/48 | - | €11,900 | +€11,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,640 | €13,433 | +€793 | +6.3% |
| Other operating charges | 640/8 | €2,350 | €1,746 | -€604 | -25.7% |
| Gross operating margin | 9900 | €58,582 | €41,534 | -€17,048 | -29.1% |
| Operating profit (loss) | 9901 | €43,592 | €26,355 | -€17,237 | -39.5% |
| Financial charges | 65/66B | €911 | €651 | -€260 | -28.5% |
| Recurring financial charges | 65 | €911 | €651 | -€260 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €42,681 | €25,704 | -€16,977 | -39.8% |
| Income taxes | 67/77 | €12,846 | €8,302 | -€4,544 | -35.4% |
| Profit (loss) for the period | 9904 | €29,835 | €17,402 | -€12,433 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,835 | €17,402 | -€12,433 | -41.7% |
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.