MEDI IMMO: 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 IMMO
Largest movements
- Receivables within one year +€380,566
up €380,566 (+214%), from €177,944 to €558,510
of which Other amounts receivable: +€348,646
- Tangible fixed assets +€345,817
up €345,817 (+56.6%), from €610,591 to €956,408
of which Land and buildings: +€316,026
- Short-term financial debts +€270,000
new in 2025: €270,000
- Other debts +€200,000
up €200,000 (+200%), from €100,000 to €300,000
- Debts after one year +€123,901
new in 2025: €123,901
- Profit (loss) carried forward +€81,276
up €81,276 (+16.3%), from €497,514 to €578,790
- Current portion of long-term debt +€38,672
new in 2025: €38,672
- Gross operating margin -€178,315
down €178,315 (-33.3%), from €535,638 to €357,323
- Other operating charges -€141,293
down €141,293 (-62.7%), from €225,242 to €83,949
- Taxes +€42,869
up €42,869 (+77.7%), from €55,158 to €98,027
- Staff costs +€28,103
new in 2025: €28,103
- Depreciation +€22,707
up €22,707 (+99.2%), from €22,894 to €45,601
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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,160,104 | €1,895,307 | +€735,203 | +63.4% |
| Fixed assets | 21/28 | €690,629 | €1,036,483 | +€345,854 | +50.1% |
| Tangible fixed assets | 22/27 | €610,591 | €956,408 | +€345,817 | +56.6% |
| Land and buildings | 22 | €605,411 | €921,437 | +€316,026 | +52.2% |
| Plant, machinery and equipment | 23 | - | €20,264 | +€20,264 | |
| Furniture and vehicles | 24 | €5,180 | €14,707 | +€9,527 | +184% |
| Financial fixed assets | 28 | €80,038 | €80,075 | +€37 | 0.0% |
| Current assets | 29/58 | €469,475 | €858,824 | +€389,349 | +82.9% |
| Amounts receivable within one year | 40/41 | €177,944 | €558,510 | +€380,566 | +214% |
| Trade receivables | 40 | €93,215 | €125,135 | +€31,920 | +34.2% |
| Other amounts receivable | 41 | €84,729 | €433,375 | +€348,646 | +411% |
| Cash at bank and in hand | 54/58 | €288,302 | €295,164 | +€6,862 | +2.4% |
| Deferred charges and accrued income | 490/1 | €3,229 | €5,150 | +€1,921 | +59.5% |
| Total equity and liabilities | 10/49 | €1,160,104 | €1,895,307 | +€735,203 | +63.4% |
| Equity | 10/15 | €542,514 | €623,790 | +€81,276 | +15.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €497,514 | €578,790 | +€81,276 | +16.3% |
| Amounts payable | 17/49 | €617,590 | €1,271,517 | +€653,927 | +106% |
| Amounts payable after more than one year | 17 | - | €123,901 | +€123,901 | |
| Financial debts | 170/4 | - | €123,901 | +€123,901 | |
| Amounts payable within one year | 42/48 | €532,590 | €1,062,616 | +€530,026 | +99.5% |
| Current portion of amounts payable after more than one year | 42 | - | €38,672 | +€38,672 | |
| Financial debts | 43 | - | €270,000 | +€270,000 | |
| Credit institutions | 430/8 | - | €270,000 | +€270,000 | |
| Trade debts | 44 | €415,459 | €416,813 | +€1,354 | +0.3% |
| Suppliers | 440/4 | €415,459 | €416,813 | +€1,354 | +0.3% |
| Taxes, remuneration and social security | 45 | €17,131 | €37,131 | +€20,000 | +117% |
| Taxes | 450/3 | €6,578 | €26,579 | +€20,001 | +304% |
| Remuneration and social security | 454/9 | €10,553 | €10,552 | -€1 | 0.0% |
| Other amounts payable | 47/48 | €100,000 | €300,000 | +€200,000 | +200% |
| Accrued charges and deferred income | 492/3 | €85,000 | €85,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €28,103 | +€28,103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,894 | €45,601 | +€22,707 | +99.2% |
| Other operating charges | 640/8 | €225,242 | €83,949 | -€141,293 | -62.7% |
| Non-recurring operating charges | 66A | €238 | €53 | -€185 | -77.7% |
| Gross operating margin | 9900 | €535,638 | €357,323 | -€178,315 | -33.3% |
| Operating profit (loss) | 9901 | €287,264 | €199,617 | -€87,647 | -30.5% |
| Financial income | 75/76B | €1 | €6 | +€5 | +500% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +500% |
| Financial charges | 65/66B | €4,027 | €20,320 | +€16,293 | +405% |
| Recurring financial charges | 65 | €4,027 | €20,320 | +€16,293 | +405% |
| Profit (loss) for the period before taxes | 9903 | €283,238 | €179,303 | -€103,935 | -36.7% |
| Income taxes | 67/77 | €55,158 | €98,027 | +€42,869 | +77.7% |
| Profit (loss) for the period | 9904 | €228,080 | €81,276 | -€146,804 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €228,080 | €81,276 | -€146,804 | -64.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.