Medi-Tech Insights: 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 Insights
Largest movements
- Cash -€61,728
down €61,728 (-46.4%), from €133,045 to €71,317
mainly Contributions, distributions and other (-€230,000) and Deferred charges and accrued income (-€7,839)
- Tangible fixed assets -€10,637
down €10,637 (-49.9%), from €21,296 to €10,659
- Deferred charges and accrued income +€7,839
up €7,839 (+468%), from €1,675 to €9,514
- Profit (loss) carried forward -€68,327
down €68,327 (-46.0%), from €148,555 to €80,228
- Trade debts +€4,953
up €4,953 (+1,533%), from €323 to €5,276
- Gross operating margin +€115,904
up €115,904 (+106%), from €108,933 to €224,837
- Taxes +€29,839
up €29,839 (+162%), from €18,424 to €48,262
- Financial charges +€5,646
up €5,646 (+10,684%), from €53 to €5,699
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 | €171,872 | €108,017 | -€63,855 | -37.2% |
| Fixed assets | 21/28 | €21,296 | €10,659 | -€10,637 | -49.9% |
| Tangible fixed assets | 22/27 | €21,296 | €10,659 | -€10,637 | -49.9% |
| Furniture and vehicles | 24 | €21,296 | €10,659 | -€10,637 | -49.9% |
| Current assets | 29/58 | €150,576 | €97,358 | -€53,218 | -35.3% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,856 | €16,527 | +€671 | +4.2% |
| Trade receivables | 40 | €500 | €7,260 | +€6,760 | +1,352% |
| Other amounts receivable | 41 | €15,356 | €9,267 | -€6,089 | -39.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €133,045 | €71,317 | -€61,728 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,675 | €9,514 | +€7,839 | +468% |
| Total equity and liabilities | 10/49 | €171,872 | €108,017 | -€63,855 | -37.2% |
| Equity | 10/15 | €169,015 | €100,688 | -€68,327 | -40.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,555 | €80,228 | -€68,327 | -46.0% |
| Amounts payable | 17/49 | €2,857 | €7,330 | +€4,472 | +157% |
| Amounts payable within one year | 42/48 | €2,857 | €7,330 | +€4,472 | +157% |
| Trade debts | 44 | €323 | €5,276 | +€4,953 | +1,533% |
| Suppliers | 440/4 | €323 | €5,276 | +€4,953 | +1,533% |
| Taxes, remuneration and social security | 45 | €2,534 | €2,054 | -€480 | -19.0% |
| Taxes | 450/3 | €2,534 | €2,054 | -€480 | -19.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,458 | €10,637 | +€179 | +1.7% |
| Other operating charges | 640/8 | €167 | €1,418 | +€1,251 | +750% |
| Gross operating margin | 9900 | €108,933 | €224,837 | +€115,904 | +106% |
| Operating profit (loss) | 9901 | €98,308 | €212,783 | +€114,474 | +116% |
| Financial income | 75/76B | €3,439 | €2,851 | -€588 | -17.1% |
| Recurring financial income | 75 | €3,439 | €2,851 | -€588 | -17.1% |
| Financial charges | 65/66B | €53 | €5,699 | +€5,646 | +10,684% |
| Recurring financial charges | 65 | €53 | €5,699 | +€5,646 | +10,684% |
| Profit (loss) for the period before taxes | 9903 | €101,694 | €209,935 | +€108,240 | +106% |
| Income taxes | 67/77 | €18,424 | €48,262 | +€29,839 | +162% |
| Profit (loss) for the period | 9904 | €83,271 | €161,673 | +€78,402 | +94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,271 | €161,673 | +€78,402 | +94.2% |
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 31 October 2026 via checked.be.