MEDI SINA: 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 SINA
Largest movements
- Cash +€78,177
up €78,177 (+61.0%), from €128,242 to €206,419
mainly Net result for the year (+€64,382) and Receivables within one year (+€20,697)
- Tangible fixed assets -€30,567
down €30,567 (-47.4%), from €64,540 to €33,973
of which Furniture and vehicles: -€17,106
- Receivables within one year -€20,697
no longer reported in 2025 (was €20,697)
of which Other amounts receivable: -€19,563
- Reserves +€42,482
up €42,482 (+29.0%), from €146,573 to €189,055
- Debts after one year -€15,623
down €15,623 (-74.1%), from €21,082 to €5,459
- Other debts +€3,387
up €3,387 (+56,454%), from €6 to €3,393
- Tax, wage and social debts -€2,941
down €2,941 (-22.9%), from €12,835 to €9,894
- Gross operating margin -€7,319
down €7,319 (-6.1%), from €119,085 to €111,766
- Taxes +€4,079
up €4,079 (+18.9%), from €21,535 to €25,614
- Financial income -€1,465
down €1,465 (-95.7%), from €1,531 to €66
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 | €216,323 | €242,057 | +€25,734 | +11.9% |
| Fixed assets | 21/28 | €64,693 | €34,126 | -€30,567 | -47.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €64,540 | €33,973 | -€30,567 | -47.4% |
| Land and buildings | 22 | €11,427 | €1,439 | -€9,988 | -87.4% |
| Plant, machinery and equipment | 23 | €12,039 | €8,565 | -€3,473 | -28.9% |
| Furniture and vehicles | 24 | €41,075 | €23,968 | -€17,106 | -41.6% |
| Financial fixed assets | 28 | €153 | €153 | = | 0.0% |
| Current assets | 29/58 | €151,630 | €207,931 | +€56,301 | +37.1% |
| Amounts receivable within one year | 40/41 | €20,697 | - | -€20,697 | |
| Trade receivables | 40 | €1,133 | - | -€1,133 | |
| Other amounts receivable | 41 | €19,563 | - | -€19,563 | |
| Cash at bank and in hand | 54/58 | €128,242 | €206,419 | +€78,177 | +61.0% |
| Deferred charges and accrued income | 490/1 | €2,691 | €1,511 | -€1,180 | -43.8% |
| Total equity and liabilities | 10/49 | €216,323 | €242,057 | +€25,734 | +11.9% |
| Equity | 10/15 | €165,123 | €207,605 | +€42,482 | +25.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €146,573 | €189,055 | +€42,482 | +29.0% |
| Distributable reserves | 133 | €146,573 | €189,055 | +€42,482 | +29.0% |
| Amounts payable | 17/49 | €51,200 | €34,452 | -€16,749 | -32.7% |
| Amounts payable after more than one year | 17 | €21,082 | €5,459 | -€15,623 | -74.1% |
| Financial debts | 170/4 | €21,082 | €5,459 | -€15,623 | -74.1% |
| Amounts payable within one year | 42/48 | €30,118 | €28,992 | -€1,126 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €17,132 | €15,623 | -€1,509 | -8.8% |
| Trade debts | 44 | €145 | €83 | -€62 | -43.1% |
| Suppliers | 440/4 | €145 | €83 | -€62 | -43.1% |
| Taxes, remuneration and social security | 45 | €12,835 | €9,894 | -€2,941 | -22.9% |
| Taxes | 450/3 | €12,835 | €9,894 | -€2,941 | -22.9% |
| Other amounts payable | 47/48 | €6 | €3,393 | +€3,387 | +56,454% |
| Non-recurring operating income | 76A | - | €937 | +€937 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,138 | €20,350 | +€212 | +1.1% |
| Other operating charges | 640/8 | €344 | €492 | +€148 | +43.1% |
| Gross operating margin | 9900 | €119,085 | €111,766 | -€7,319 | -6.1% |
| Operating profit (loss) | 9901 | €98,603 | €90,924 | -€7,679 | -7.8% |
| Financial income | 75/76B | €1,531 | €66 | -€1,465 | -95.7% |
| Recurring financial income | 75 | €1,531 | €66 | -€1,465 | -95.7% |
| Financial charges | 65/66B | €1,329 | €994 | -€336 | -25.2% |
| Recurring financial charges | 65 | €1,329 | €994 | -€336 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €98,804 | €89,996 | -€8,808 | -8.9% |
| Income taxes | 67/77 | €21,535 | €25,614 | +€4,079 | +18.9% |
| Profit (loss) for the period | 9904 | €77,269 | €64,382 | -€12,887 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €77,269 | €64,382 | -€12,887 | -16.7% |
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 15 October 2026 via checked.be.