MEDI TWAGI: 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 TWAGI
Largest movements
- Cash +€20,400
up €20,400 (+51.0%), from €39,970 to €60,370
mainly Net result for the year (+€70,759) and Other debts (+€19,756)
- Tangible fixed assets -€12,086
down €12,086 (-81.3%), from €14,867 to €2,781
of which Furniture and vehicles: -€13,593
- Receivables within one year -€3,546
down €3,546 (-4.6%), from €77,247 to €73,701
- Other debts +€19,756
up €19,756 (+46.9%), from €42,153 to €61,908
- Current portion of long-term debt -€9,861
down €9,861 (-59.1%), from €16,677 to €6,816
- Reserves -€5,580
no longer reported in 2025 (was €5,580)
- Tax, wage and social debts +€2,996
up €2,996 (+22.7%), from €13,201 to €16,197
- Debts after one year -€1,927
no longer reported in 2025 (was €1,927)
- Gross operating margin +€23,131
up €23,131 (+27.0%), from €85,737 to €108,869
- Taxes +€6,181
up €6,181 (+29.9%), from €20,662 to €26,843
- Financial income +€1,166
up €1,166 (+43.1%), from €2,706 to €3,872
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 | €135,337 | €140,721 | +€5,384 | +4.0% |
| Fixed assets | 21/28 | €14,867 | €2,781 | -€12,086 | -81.3% |
| Tangible fixed assets | 22/27 | €14,867 | €2,781 | -€12,086 | -81.3% |
| Plant, machinery and equipment | 23 | - | €1,507 | +€1,507 | |
| Furniture and vehicles | 24 | €14,867 | €1,274 | -€13,593 | -91.4% |
| Current assets | 29/58 | €120,470 | €137,940 | +€17,470 | +14.5% |
| Amounts receivable within one year | 40/41 | €77,247 | €73,701 | -€3,546 | -4.6% |
| Other amounts receivable | 41 | €77,247 | €73,701 | -€3,546 | -4.6% |
| Cash at bank and in hand | 54/58 | €39,970 | €60,370 | +€20,400 | +51.0% |
| Deferred charges and accrued income | 490/1 | €3,254 | €3,869 | +€616 | +18.9% |
| Total equity and liabilities | 10/49 | €135,337 | €140,721 | +€5,384 | +4.0% |
| Equity | 10/15 | €61,380 | €55,800 | -€5,580 | -9.1% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €5,580 | - | -€5,580 | |
| Distributable reserves | 133 | €5,580 | - | -€5,580 | |
| Amounts payable | 17/49 | €73,957 | €84,921 | +€10,964 | +14.8% |
| Amounts payable after more than one year | 17 | €1,927 | - | -€1,927 | |
| Financial debts | 170/4 | €1,927 | - | -€1,927 | |
| Amounts payable within one year | 42/48 | €72,030 | €84,921 | +€12,891 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €16,677 | €6,816 | -€9,861 | -59.1% |
| Taxes, remuneration and social security | 45 | €13,201 | €16,197 | +€2,996 | +22.7% |
| Taxes | 450/3 | €13,201 | €16,197 | +€2,996 | +22.7% |
| Other amounts payable | 47/48 | €42,153 | €61,908 | +€19,756 | +46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,600 | €13,644 | +€44 | +0.3% |
| Other operating charges | 640/8 | - | €372 | +€372 | |
| Gross operating margin | 9900 | €85,737 | €108,869 | +€23,131 | +27.0% |
| Operating profit (loss) | 9901 | €72,137 | €94,852 | +€22,715 | +31.5% |
| Financial income | 75/76B | €2,706 | €3,872 | +€1,166 | +43.1% |
| Recurring financial income | 75 | €2,706 | €3,872 | +€1,166 | +43.1% |
| Financial charges | 65/66B | €1,490 | €1,122 | -€368 | -24.7% |
| Recurring financial charges | 65 | €1,490 | €1,122 | -€368 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €73,353 | €97,603 | +€24,249 | +33.1% |
| Income taxes | 67/77 | €20,662 | €26,843 | +€6,181 | +29.9% |
| Profit (loss) for the period | 9904 | €52,691 | €70,759 | +€18,068 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,691 | €70,759 | +€18,068 | +34.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.