MEDIC 453: 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.
MEDIC 453
Largest movements
- Tangible fixed assets +€18,533
up €18,533 (+445.1%), from €4,164 to €22,697
of which Other tangible fixed assets: +€16,401
- Cash -€8,065
down €8,065 (-50.2%), from €16,070 to €8,005
mainly Investment in fixed assets (net) (-€20,693)
- Profit (loss) carried forward +€7,595
up €7,595 (+56.3%), from €13,496 to €21,091
- Tax, wage and social debts +€2,048
up €2,048 (+55.5%), from €3,687 to €5,735
- Other debts +€825
up €825 (+150.1%), from €550 to €1,375
- Gross operating margin -€5,215
down €5,215 (-30.0%), from €17,368 to €12,153
- Depreciation +€2,131
up €2,131 (+7321.9%), from €29 to €2,160
- Taxes -€1,640
down €1,640 (-44.5%), from €3,687 to €2,048
- Other operating charges +€182
up €182 (+172.7%), from €106 to €288
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 | €20,233 | €30,701 | +€10,468 | +51.7% |
| Fixed assets | 21/28 | €4,164 | €22,697 | +€18,533 | +445.1% |
| Tangible fixed assets | 22/27 | €4,164 | €22,697 | +€18,533 | +445.1% |
| Furniture and vehicles | 24 | - | €2,132 | +€2,132 | |
| Other tangible fixed assets | 26 | €4,164 | €20,565 | +€16,401 | +393.9% |
| Current assets | 29/58 | €16,070 | €8,005 | -€8,065 | -50.2% |
| Cash at bank and in hand | 54/58 | €16,070 | €8,005 | -€8,065 | -50.2% |
| Total equity and liabilities | 10/49 | €20,233 | €30,701 | +€10,468 | +51.7% |
| Equity | 10/15 | €15,996 | €23,591 | +€7,595 | +47.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,496 | €21,091 | +€7,595 | +56.3% |
| Amounts payable | 17/49 | €4,237 | €7,110 | +€2,873 | +67.8% |
| Amounts payable within one year | 42/48 | €4,237 | €7,110 | +€2,873 | +67.8% |
| Taxes, remuneration and social security | 45 | €3,687 | €5,735 | +€2,048 | +55.5% |
| Taxes | 450/3 | €3,687 | €5,735 | +€2,048 | +55.5% |
| Other amounts payable | 47/48 | €550 | €1,375 | +€825 | +150.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €2,160 | +€2,131 | +7321.9% |
| Other operating charges | 640/8 | €106 | €288 | +€182 | +172.7% |
| Gross operating margin | 9900 | €17,368 | €12,153 | -€5,215 | -30.0% |
| Operating profit (loss) | 9901 | €17,233 | €9,705 | -€7,528 | -43.7% |
| Financial charges | 65/66B | €50 | €63 | +€13 | +25.5% |
| Recurring financial charges | 65 | €50 | €63 | +€13 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €17,183 | €9,643 | -€7,541 | -43.9% |
| Income taxes | 67/77 | €3,687 | €2,048 | -€1,640 | -44.5% |
| Profit (loss) for the period | 9904 | €13,496 | €7,595 | -€5,901 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,496 | €7,595 | -€5,901 | -43.7% |
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 2 October 2026 via checked.be.