MEDI-MB: 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-MB
Largest movements
- Cash -€110,128
down €110,128 (-49.7%), from €221,384 to €111,257
mainly Other debts (-€106,084) and Receivables within one year (-€30,001)
- Receivables within one year +€30,001
up €30,001 (+111.6%), from €26,885 to €56,886
of which Other amounts receivable: +€16,790
- Current investments +€25,872
up €25,872 (+6.9%), from €376,199 to €402,071
- Tangible fixed assets +€10,376
up €10,376 (+25.7%), from €40,309 to €50,685
of which Other tangible fixed assets: +€11,469
- Other debts -€106,084
no longer reported in 2024 (was €106,084)
- Reserves +€29,250
up €29,250 (+5.7%), from €510,538 to €539,788
of which Distributable reserves: +€29,250
- Accrued charges and deferred income +€25,872
up €25,872 (+85.7%), from €30,199 to €56,071
- Trade debts +€6,973
up €6,973 (+80.6%), from €8,656 to €15,628
- Gross operating margin -€57,947
down €57,947 (-37.5%), from €154,647 to €96,700
- Staff costs -€17,646
down €17,646 (-29.1%), from €60,626 to €42,980
- Taxes -€10,072
down €10,072 (-47.5%), from €21,196 to €11,124
- Other operating charges -€6,509
down €6,509 (-71.3%), from €9,129 to €2,620
- Depreciation -€2,777
down €2,777 (-22.6%), from €12,270 to €9,493
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €675,038 | €629,347 | -€45,691 | -6.8% |
| Fixed assets | 21/28 | €43,684 | €54,060 | +€10,376 | +23.8% |
| Tangible fixed assets | 22/27 | €40,309 | €50,685 | +€10,376 | +25.7% |
| Plant, machinery and equipment | 23 | €2,981 | €5,901 | +€2,920 | +98.0% |
| Furniture and vehicles | 24 | €16,411 | €12,397 | -€4,014 | -24.5% |
| Other tangible fixed assets | 26 | €20,918 | €32,387 | +€11,469 | +54.8% |
| Financial fixed assets | 28 | €3,375 | €3,375 | = | 0.0% |
| Current assets | 29/58 | €631,354 | €575,287 | -€56,066 | -8.9% |
| Amounts receivable within one year | 40/41 | €26,885 | €56,886 | +€30,001 | +111.6% |
| Trade receivables | 40 | €2,665 | €15,876 | +€13,211 | +495.7% |
| Other amounts receivable | 41 | €24,220 | €41,010 | +€16,790 | +69.3% |
| Current investments | 50/53 | €376,199 | €402,071 | +€25,872 | +6.9% |
| Cash at bank and in hand | 54/58 | €221,384 | €111,257 | -€110,128 | -49.7% |
| Deferred charges and accrued income | 490/1 | €6,885 | €5,074 | -€1,812 | -26.3% |
| Total equity and liabilities | 10/49 | €675,038 | €629,347 | -€45,691 | -6.8% |
| Equity | 10/15 | €516,738 | €545,988 | +€29,250 | +5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €510,538 | €539,788 | +€29,250 | +5.7% |
| Tax-exempt reserves | 132 | €62,518 | €62,518 | = | 0.0% |
| Distributable reserves | 133 | €448,019 | €477,269 | +€29,250 | +6.5% |
| Amounts payable | 17/49 | €158,300 | €83,359 | -€74,941 | -47.3% |
| Amounts payable within one year | 42/48 | €128,102 | €27,288 | -€100,813 | -78.7% |
| Trade debts | 44 | €8,656 | €15,628 | +€6,973 | +80.6% |
| Suppliers | 440/4 | €8,656 | €15,628 | +€6,973 | +80.6% |
| Taxes, remuneration and social security | 45 | €13,362 | €11,660 | -€1,702 | -12.7% |
| Taxes | 450/3 | €3,300 | - | -€3,300 | |
| Remuneration and social security | 454/9 | €10,062 | €11,660 | +€1,598 | +15.9% |
| Other amounts payable | 47/48 | €106,084 | - | -€106,084 | |
| Accrued charges and deferred income | 492/3 | €30,199 | €56,071 | +€25,872 | +85.7% |
| Remuneration, social security and pensions | 62 | €60,626 | €42,980 | -€17,646 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,270 | €9,493 | -€2,777 | -22.6% |
| Other operating charges | 640/8 | €9,129 | €2,620 | -€6,509 | -71.3% |
| Gross operating margin | 9900 | €154,647 | €96,700 | -€57,947 | -37.5% |
| Operating profit (loss) | 9901 | €72,622 | €41,607 | -€31,015 | -42.7% |
| Financial income | 75/76B | €256 | €1,378 | +€1,122 | +438.2% |
| Recurring financial income | 75 | €256 | €1,378 | +€1,122 | +438.2% |
| Financial charges | 65/66B | €4,116 | €2,611 | -€1,506 | -36.6% |
| Recurring financial charges | 65 | €4,116 | €2,611 | -€1,506 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €68,762 | €40,374 | -€28,388 | -41.3% |
| Income taxes | 67/77 | €21,196 | €11,124 | -€10,072 | -47.5% |
| Profit (loss) for the period | 9904 | €47,566 | €29,250 | -€18,315 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,566 | €29,250 | -€18,315 | -38.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.