MEDIBAK: what changed
Two fiscal 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.
MEDIBAK
Largest movements
- Receivables within one year +€215,100
up €215,100 (+48.8%), from €440,413 to €655,513
of which Other amounts receivable: +€181,376
- Cash +€23,933
up €23,933 (+171.5%), from €13,956 to €37,889
mainly Net result for the year (+€354,052) and Debts after one year (+€211,393)
- Debts after one year +€211,393
new in 2025: €211,393
- Reserves +€33,592
up €33,592 (+10.5%), from €320,460 to €354,052
- Current portion of long-term debt -€10,815
down €10,815 (-16.0%), from €67,448 to €56,632
- Gross operating margin +€41,738
up €41,738 (+9.5%), from €438,689 to €480,427
- Taxes +€8,861
up €8,861 (+8.2%), from €107,833 to €116,694
- Other operating charges -€4,923
down €4,923 (-82.7%), from €5,957 to €1,033
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 | €474,264 | €716,833 | +€242,569 | +51.1% |
| Fixed assets | 21/28 | €214 | - | -€214 | |
| Tangible fixed assets | 22/27 | €214 | - | -€214 | |
| Furniture and vehicles | 24 | €214 | - | -€214 | |
| Current assets | 29/58 | €474,050 | €716,833 | +€242,783 | +51.2% |
| Amounts receivable within one year | 40/41 | €440,413 | €655,513 | +€215,100 | +48.8% |
| Trade receivables | 40 | €57,414 | €91,139 | +€33,724 | +58.7% |
| Other amounts receivable | 41 | €382,998 | €564,374 | +€181,376 | +47.4% |
| Cash at bank and in hand | 54/58 | €13,956 | €37,889 | +€23,933 | +171.5% |
| Deferred charges and accrued income | 490/1 | €19,681 | €23,431 | +€3,750 | +19.1% |
| Total equity and liabilities | 10/49 | €474,264 | €716,833 | +€242,569 | +51.1% |
| Equity | 10/15 | €321,960 | €355,552 | +€33,592 | +10.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €320,460 | €354,052 | +€33,592 | +10.5% |
| Distributable reserves | 133 | €320,460 | €354,052 | +€33,592 | +10.5% |
| Amounts payable | 17/49 | €152,304 | €361,281 | +€208,977 | +137.2% |
| Amounts payable after more than one year | 17 | - | €211,393 | +€211,393 | |
| Financial debts | 170/4 | - | €211,393 | +€211,393 | |
| Amounts payable within one year | 42/48 | €152,304 | €149,888 | -€2,416 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €67,448 | €56,632 | -€10,815 | -16.0% |
| Financial debts | 43 | €20,285 | €26,921 | +€6,636 | +32.7% |
| Credit institutions | 430/8 | €20,285 | €26,921 | +€6,636 | +32.7% |
| Trade debts | 44 | €374 | €1,808 | +€1,433 | +382.7% |
| Suppliers | 440/4 | €374 | €1,808 | +€1,433 | +382.7% |
| Taxes, remuneration and social security | 45 | €64,196 | €64,527 | +€330 | +0.5% |
| Taxes | 450/3 | €64,196 | €64,527 | +€330 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €512 | €214 | -€297 | -58.1% |
| Other operating charges | 640/8 | €5,957 | €1,033 | -€4,923 | -82.7% |
| Gross operating margin | 9900 | €438,689 | €480,427 | +€41,738 | +9.5% |
| Operating profit (loss) | 9901 | €432,221 | €479,179 | +€46,958 | +10.9% |
| Financial income | 75/76B | €3,750 | €3,750 | = | 0.0% |
| Recurring financial income | 75 | €3,750 | €3,750 | = | 0.0% |
| Financial charges | 65/66B | €7,678 | €12,183 | +€4,505 | +58.7% |
| Recurring financial charges | 65 | €7,678 | €12,183 | +€4,505 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €428,292 | €470,746 | +€42,453 | +9.9% |
| Income taxes | 67/77 | €107,833 | €116,694 | +€8,861 | +8.2% |
| Profit (loss) for the period | 9904 | €320,460 | €354,052 | +€33,592 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €320,460 | €354,052 | +€33,592 | +10.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.