MEDI-M: 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-M
Largest movements
- Receivables after one year +€11,000
up €11,000 (+72.1%), from €15,252 to €26,252
- Cash +€2,903
up €2,903 (+13.2%), from €21,956 to €24,858
mainly Net result for the year (+€17,371) and Other debts (+€3)
- Deferred charges and accrued income +€1,145
up €1,145 (+42.4%), from €2,697 to €3,841
- Reserves +€17,371
up €17,371 (+57.1%), from €30,419 to €47,790
- Accrued charges and deferred income -€986
no longer reported in 2025 (was €986)
- Trade debts -€770
down €770 (-39.0%), from €1,974 to €1,204
- Gross operating margin -€6,173
down €6,173 (-19.4%), from €31,865 to €25,692
- Taxes -€1,406
down €1,406 (-15.6%), from €9,004 to €7,598
- Financial charges +€584
up €584 (+173.3%), from €337 to €922
- Financial income +€527
up €527 (+298.7%), from €176 to €703
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 | €41,255 | €56,389 | +€15,134 | +36.7% |
| Current assets | 29/58 | €41,255 | €56,389 | +€15,134 | +36.7% |
| Amounts receivable after more than one year | 29 | €15,252 | €26,252 | +€11,000 | +72.1% |
| Other amounts receivable | 291 | €15,252 | €26,252 | +€11,000 | +72.1% |
| Amounts receivable within one year | 40/41 | €1,350 | €1,437 | +€87 | +6.4% |
| Trade receivables | 40 | €634 | €298 | -€336 | -53.0% |
| Other amounts receivable | 41 | €716 | €1,139 | +€423 | +59.0% |
| Cash at bank and in hand | 54/58 | €21,956 | €24,858 | +€2,903 | +13.2% |
| Deferred charges and accrued income | 490/1 | €2,697 | €3,841 | +€1,145 | +42.4% |
| Total equity and liabilities | 10/49 | €41,255 | €56,389 | +€15,134 | +36.7% |
| Equity | 10/15 | €33,419 | €50,790 | +€17,371 | +52.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,419 | €47,790 | +€17,371 | +57.1% |
| Distributable reserves | 133 | €30,419 | €47,790 | +€17,371 | +57.1% |
| Amounts payable | 17/49 | €7,835 | €5,598 | -€2,237 | -28.5% |
| Amounts payable within one year | 42/48 | €6,849 | €5,598 | -€1,251 | -18.3% |
| Trade debts | 44 | €1,974 | €1,204 | -€770 | -39.0% |
| Suppliers | 440/4 | €1,974 | €1,204 | -€770 | -39.0% |
| Taxes, remuneration and social security | 45 | €4,875 | €4,392 | -€483 | -9.9% |
| Taxes | 450/3 | €4,875 | €4,392 | -€483 | -9.9% |
| Other amounts payable | 47/48 | - | €3 | +€3 | |
| Accrued charges and deferred income | 492/3 | €986 | - | -€986 | |
| Other operating charges | 640/8 | €498 | €504 | +€7 | +1.3% |
| Gross operating margin | 9900 | €31,865 | €25,692 | -€6,173 | -19.4% |
| Operating profit (loss) | 9901 | €31,367 | €25,188 | -€6,180 | -19.7% |
| Financial income | 75/76B | €176 | €703 | +€527 | +298.7% |
| Recurring financial income | 75 | €176 | €703 | +€527 | +298.7% |
| Financial charges | 65/66B | €337 | €922 | +€584 | +173.3% |
| Recurring financial charges | 65 | €337 | €922 | +€584 | +173.3% |
| Profit (loss) for the period before taxes | 9903 | €31,206 | €24,969 | -€6,237 | -20.0% |
| Income taxes | 67/77 | €9,004 | €7,598 | -€1,406 | -15.6% |
| Profit (loss) for the period | 9904 | €22,203 | €17,371 | -€4,832 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,203 | €17,371 | -€4,832 | -21.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.