MEDI TECH: 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 TECH
Largest movements
- Receivables within one year -€9,805
down €9,805 (-74.3%), from €13,204 to €3,399
of which Trade receivables: -€8,056
- Cash +€3,747
up €3,747 (+359.9%), from €1,041 to €4,788
mainly Receivables within one year (+€9,805) and Depreciation (+€3,479)
- Intangible fixed assets -€2,900
down €2,900 (-25.3%), from €11,475 to €8,575
- Tangible fixed assets -€579
down €579 (-27.4%), from €2,110 to €1,531
- Trade debts -€7,427
down €7,427 (-94.5%), from €7,857 to €430
- Profit (loss) carried forward -€4,462
down €4,462 (-28.4%), from €15,737 to €11,275
- Other debts +€2,290
up €2,290 (+229.0%), from €1,000 to €3,290
- Gross operating margin -€6,280
down €6,280 (-72.9%), from €8,610 to €2,330
- Other operating charges +€2,148
up €2,148 (+565.3%), from €380 to €2,528
- Taxes -€1,051
no longer reported in 2024 (was €1,051)
- Staff costs +€568
new in 2024: €568
- Depreciation +€439
up €439 (+14.4%), from €3,040 to €3,479
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 | €27,830 | €18,293 | -€9,537 | -34.3% |
| Fixed assets | 21/28 | €13,585 | €10,106 | -€3,479 | -25.6% |
| Intangible fixed assets | 21 | €11,475 | €8,575 | -€2,900 | -25.3% |
| Tangible fixed assets | 22/27 | €2,110 | €1,531 | -€579 | -27.4% |
| Plant, machinery and equipment | 23 | €2,110 | €1,531 | -€579 | -27.4% |
| Current assets | 29/58 | €14,245 | €8,187 | -€6,058 | -42.5% |
| Amounts receivable within one year | 40/41 | €13,204 | €3,399 | -€9,805 | -74.3% |
| Trade receivables | 40 | €11,455 | €3,399 | -€8,056 | -70.3% |
| Other amounts receivable | 41 | €1,749 | - | -€1,749 | |
| Cash at bank and in hand | 54/58 | €1,041 | €4,788 | +€3,747 | +359.9% |
| Total equity and liabilities | 10/49 | €27,830 | €18,293 | -€9,537 | -34.3% |
| Equity | 10/15 | €17,737 | €13,275 | -€4,462 | -25.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,737 | €11,275 | -€4,462 | -28.4% |
| Amounts payable | 17/49 | €10,093 | €5,018 | -€5,075 | -50.3% |
| Amounts payable within one year | 42/48 | €10,093 | €5,018 | -€5,075 | -50.3% |
| Trade debts | 44 | €7,857 | €430 | -€7,427 | -94.5% |
| Suppliers | 440/4 | €7,857 | €430 | -€7,427 | -94.5% |
| Taxes, remuneration and social security | 45 | €1,236 | €1,298 | +€62 | +5.0% |
| Taxes | 450/3 | €1,236 | €1,298 | +€62 | +5.0% |
| Other amounts payable | 47/48 | €1,000 | €3,290 | +€2,290 | +229.0% |
| Remuneration, social security and pensions | 62 | - | €568 | +€568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,040 | €3,479 | +€439 | +14.4% |
| Other operating charges | 640/8 | €380 | €2,528 | +€2,148 | +565.3% |
| Gross operating margin | 9900 | €8,610 | €2,330 | -€6,280 | -72.9% |
| Operating profit (loss) | 9901 | €5,190 | -€4,245 | -€9,435 | |
| Financial charges | 65/66B | €127 | €217 | +€90 | +70.9% |
| Recurring financial charges | 65 | €127 | €217 | +€90 | +70.9% |
| Profit (loss) for the period before taxes | 9903 | €5,063 | -€4,462 | -€9,525 | |
| Income taxes | 67/77 | €1,051 | - | -€1,051 | |
| Profit (loss) for the period | 9904 | €4,012 | -€4,462 | -€8,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,012 | -€4,462 | -€8,474 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.