MEDIBIERLAIRE: 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.
MEDIBIERLAIRE
Largest movements
- Intangible fixed assets -€13,750
down €13,750 (-13.8%), from €99,875 to €86,125
- Cash +€4,063
up €4,063 (+196%), from €2,078 to €6,141
mainly Depreciation (+€17,225) and Net result for the year (+€7,580)
- Tangible fixed assets -€3,475
down €3,475 (-42.4%), from €8,204 to €4,729
of which Furniture and vehicles: -€3,333
- Other debts -€19,379
down €19,379 (-28.6%), from €67,784 to €48,405
- Profit (loss) carried forward +€6,747
up €6,747 (+108%), from €6,271 to €13,017
- Debts after one year -€4,906
down €4,906 (-17.2%), from €28,539 to €23,632
- Tax, wage and social debts +€3,066
up €3,066 (+102%), from €2,995 to €6,061
- Trade debts +€1,208
up €1,208 (+2,905%), from €42 to €1,250
- Gross operating margin +€5,659
up €5,659 (+23.8%), from €23,732 to €29,390
- Depreciation +€4,595
up €4,595 (+36.4%), from €12,630 to €17,225
- Financial charges +€388
up €388 (+42.3%), from €918 to €1,306
- Taxes +€336
up €336 (+12.3%), from €2,738 to €3,074
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 | €113,348 | €100,273 | -€13,076 | -11.5% |
| Fixed assets | 21/28 | €108,127 | €90,902 | -€17,225 | -15.9% |
| Intangible fixed assets | 21 | €99,875 | €86,125 | -€13,750 | -13.8% |
| Tangible fixed assets | 22/27 | €8,204 | €4,729 | -€3,475 | -42.4% |
| Plant, machinery and equipment | 23 | €704 | €562 | -€142 | -20.2% |
| Furniture and vehicles | 24 | €7,500 | €4,167 | -€3,333 | -44.4% |
| Financial fixed assets | 28 | €48 | €48 | = | 0.0% |
| Current assets | 29/58 | €5,221 | €9,371 | +€4,150 | +79.5% |
| Cash at bank and in hand | 54/58 | €2,078 | €6,141 | +€4,063 | +196% |
| Deferred charges and accrued income | 490/1 | €3,143 | €3,230 | +€87 | +2.8% |
| Total equity and liabilities | 10/49 | €113,348 | €100,273 | -€13,076 | -11.5% |
| Equity | 10/15 | €9,271 | €16,017 | +€6,747 | +72.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,271 | €13,017 | +€6,747 | +108% |
| Amounts payable | 17/49 | €104,077 | €84,255 | -€19,822 | -19.0% |
| Amounts payable after more than one year | 17 | €28,539 | €23,632 | -€4,906 | -17.2% |
| Financial debts | 170/4 | €28,539 | €23,632 | -€4,906 | -17.2% |
| Amounts payable within one year | 42/48 | €75,538 | €60,623 | -€14,916 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €4,718 | €4,906 | +€189 | +4.0% |
| Trade debts | 44 | €42 | €1,250 | +€1,208 | +2,905% |
| Suppliers | 440/4 | €42 | €1,250 | +€1,208 | +2,905% |
| Taxes, remuneration and social security | 45 | €2,995 | €6,061 | +€3,066 | +102% |
| Taxes | 450/3 | €2,995 | €6,061 | +€3,066 | +102% |
| Other amounts payable | 47/48 | €67,784 | €48,405 | -€19,379 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,630 | €17,225 | +€4,595 | +36.4% |
| Other operating charges | 640/8 | €316 | €206 | -€110 | -34.9% |
| Gross operating margin | 9900 | €23,732 | €29,390 | +€5,659 | +23.8% |
| Operating profit (loss) | 9901 | €10,785 | €11,959 | +€1,174 | +10.9% |
| Financial charges | 65/66B | €918 | €1,306 | +€388 | +42.3% |
| Recurring financial charges | 65 | €918 | €1,306 | +€388 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €9,868 | €10,653 | +€786 | +8.0% |
| Income taxes | 67/77 | €2,738 | €3,074 | +€336 | +12.3% |
| Profit (loss) for the period | 9904 | €7,130 | €7,580 | +€450 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,130 | €7,580 | +€450 | +6.3% |
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 26 October 2026 via checked.be.