MEDI-MOH: 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-MOH
Largest movements
- Cash -€145,253
down €145,253 (-84.1%), from €172,790 to €27,537
mainly Contributions, distributions and other (-€359,972) and Tax, wage and social debts (-€87,307)
- Receivables within one year +€42,684
up €42,684 (+11.5%), from €371,500 to €414,184
of which Trade receivables: +€23,004
- Tangible fixed assets -€16,836
down €16,836 (-40.5%), from €41,520 to €24,685
- Tax, wage and social debts -€87,307
down €87,307 (-54.0%), from €161,739 to €74,431
- Other debts -€52,689
down €52,689 (-13.4%), from €393,727 to €341,038
- Trade debts +€31,003
up €31,003 (+4564.1%), from €679 to €31,683
- Profit (loss) carried forward -€10,000
down €10,000 (-34.4%), from €29,076 to €19,076
- Gross operating margin +€161,312
up €161,312 (+49.4%), from €326,829 to €488,141
- Taxes +€37,333
up €37,333 (+44.9%), from €83,102 to €120,436
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 | €586,559 | €467,228 | -€119,330 | -20.3% |
| Fixed assets | 21/28 | €41,730 | €24,895 | -€16,836 | -40.3% |
| Tangible fixed assets | 22/27 | €41,520 | €24,685 | -€16,836 | -40.5% |
| Furniture and vehicles | 24 | €41,520 | €24,685 | -€16,836 | -40.5% |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €544,828 | €442,334 | -€102,494 | -18.8% |
| Amounts receivable within one year | 40/41 | €371,500 | €414,184 | +€42,684 | +11.5% |
| Trade receivables | 40 | €0 | €23,004 | +€23,004 | |
| Other amounts receivable | 41 | €371,500 | €391,180 | +€19,680 | +5.3% |
| Cash at bank and in hand | 54/58 | €172,790 | €27,537 | -€145,253 | -84.1% |
| Deferred charges and accrued income | 490/1 | €538 | €613 | +€74 | +13.8% |
| Total equity and liabilities | 10/49 | €586,559 | €467,228 | -€119,330 | -20.3% |
| Equity | 10/15 | €30,076 | €20,076 | -€10,000 | -33.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,076 | €19,076 | -€10,000 | -34.4% |
| Amounts payable | 17/49 | €556,482 | €447,152 | -€109,330 | -19.6% |
| Amounts payable within one year | 42/48 | €556,145 | €447,152 | -€108,993 | -19.6% |
| Trade debts | 44 | €679 | €31,683 | +€31,003 | +4564.1% |
| Suppliers | 440/4 | €679 | €31,683 | +€31,003 | +4564.1% |
| Taxes, remuneration and social security | 45 | €161,739 | €74,431 | -€87,307 | -54.0% |
| Taxes | 450/3 | €161,739 | €74,431 | -€87,307 | -54.0% |
| Other amounts payable | 47/48 | €393,727 | €341,038 | -€52,689 | -13.4% |
| Accrued charges and deferred income | 492/3 | €338 | €0 | -€338 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,836 | €16,836 | = | 0.0% |
| Other operating charges | 640/8 | €1,045 | €0 | -€1,045 | -100.0% |
| Gross operating margin | 9900 | €326,829 | €488,141 | +€161,312 | +49.4% |
| Operating profit (loss) | 9901 | €308,948 | €471,305 | +€162,358 | +52.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +56.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +56.3% |
| Financial charges | 65/66B | €746 | €898 | +€152 | +20.3% |
| Recurring financial charges | 65 | €746 | €898 | +€152 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €308,201 | €470,407 | +€162,206 | +52.6% |
| Income taxes | 67/77 | €83,102 | €120,436 | +€37,333 | +44.9% |
| Profit (loss) for the period | 9904 | €225,099 | €349,972 | +€124,873 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €225,099 | €349,972 | +€124,873 | +55.5% |
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 10 October 2026 via checked.be.