MEDI-MINE: 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-MINE
Largest movements
- Tangible fixed assets +€393,288
up €393,288 (+101%), from €388,795 to €782,082
of which Land and buildings: +€409,942
- Receivables within one year -€47,208
down €47,208 (-85.3%), from €55,325 to €8,117
of which Other amounts receivable: -€26,708
- Cash +€32,830
up €32,830 (+8.6%), from €381,702 to €414,533
mainly Debts after one year (+€397,637) and Depreciation (+€51,712)
- Debts after one year +€397,637
up €397,637 (+248%), from €160,066 to €557,703
- Trade debts -€78,731
down €78,731 (-80.1%), from €98,289 to €19,559
- Reserves +€51,092
up €51,092 (+10.2%), from €498,900 to €549,991
of which Distributable reserves: +€51,092
- Other debts -€14,928
down €14,928 (-79.6%), from €18,763 to €3,835
- Staff costs +€47,344
up €47,344 (+23.8%), from €198,598 to €245,943
- Gross operating margin +€28,691
up €28,691 (+8.0%), from €358,985 to €387,675
- Financial charges +€11,465
up €11,465 (+486%), from €2,361 to €13,826
- Taxes -€8,049
down €8,049 (-26.7%), from €30,157 to €22,107
- Depreciation +€4,657
up €4,657 (+9.9%), from €47,056 to €51,712
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
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 | €826,017 | €1,204,927 | +€378,910 | +45.9% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €388,990 | €782,277 | +€393,288 | +101% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €388,795 | €782,082 | +€393,288 | +101% |
| Land and buildings | 22 | €296,980 | €706,922 | +€409,942 | +138% |
| Plant, machinery and equipment | 23 | €24,172 | €18,223 | -€5,949 | -24.6% |
| Furniture and vehicles | 24 | €63,402 | €52,698 | -€10,705 | -16.9% |
| Other tangible fixed assets | 26 | €4,240 | €4,240 | = | 0.0% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €437,028 | €422,650 | -€14,378 | -3.3% |
| Amounts receivable within one year | 40/41 | €55,325 | €8,117 | -€47,208 | -85.3% |
| Trade receivables | 40 | €20,500 | - | -€20,500 | |
| Other amounts receivable | 41 | €34,825 | €8,117 | -€26,708 | -76.7% |
| Cash at bank and in hand | 54/58 | €381,702 | €414,533 | +€32,830 | +8.6% |
| Total equity and liabilities | 10/49 | €826,017 | €1,204,927 | +€378,910 | +45.9% |
| Equity | 10/15 | €505,100 | €556,191 | +€51,092 | +10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €498,900 | €549,991 | +€51,092 | +10.2% |
| 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 | €497,040 | €548,131 | +€51,092 | +10.3% |
| Amounts payable | 17/49 | €320,918 | €648,736 | +€327,818 | +102% |
| Amounts payable after more than one year | 17 | €160,066 | €557,703 | +€397,637 | +248% |
| Financial debts | 170/4 | €160,066 | €557,703 | +€397,637 | +248% |
| Amounts payable within one year | 42/48 | €158,009 | €88,190 | -€69,819 | -44.2% |
| Current portion of amounts payable after more than one year | 42 | €29,687 | €38,955 | +€9,267 | +31.2% |
| Financial debts | 43 | €2 | €7,500 | +€7,498 | +486,913% |
| Credit institutions | 430/8 | €2 | €7,500 | +€7,498 | +486,913% |
| Trade debts | 44 | €98,289 | €19,559 | -€78,731 | -80.1% |
| Suppliers | 440/4 | €98,289 | €19,559 | -€78,731 | -80.1% |
| Advances received on contracts in progress | 46 | €520 | - | -€520 | |
| Taxes, remuneration and social security | 45 | €10,748 | €18,342 | +€7,594 | +70.7% |
| Taxes | 450/3 | - | €0 | = | |
| Remuneration and social security | 454/9 | €10,748 | €18,342 | +€7,594 | +70.7% |
| Other amounts payable | 47/48 | €18,763 | €3,835 | -€14,928 | -79.6% |
| Accrued charges and deferred income | 492/3 | €2,842 | €2,842 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €198,598 | €245,943 | +€47,344 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,056 | €51,712 | +€4,657 | +9.9% |
| Other operating charges | 640/8 | €3,572 | €3,744 | +€172 | +4.8% |
| Gross operating margin | 9900 | €358,985 | €387,675 | +€28,691 | +8.0% |
| Operating profit (loss) | 9901 | €109,759 | €86,276 | -€23,483 | -21.4% |
| Financial income | 75/76B | €1,255 | €749 | -€506 | -40.3% |
| Recurring financial income | 75 | €1,255 | €749 | -€506 | -40.3% |
| Financial charges | 65/66B | €2,361 | €13,826 | +€11,465 | +486% |
| Recurring financial charges | 65 | €2,361 | €13,826 | +€11,465 | +486% |
| Profit (loss) for the period before taxes | 9903 | €108,653 | €73,199 | -€35,454 | -32.6% |
| Income taxes | 67/77 | €30,157 | €22,107 | -€8,049 | -26.7% |
| Profit (loss) for the period | 9904 | €78,496 | €51,092 | -€27,404 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €78,496 | €51,092 | -€27,404 | -34.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.