MEDIC J.D.: 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.
MEDIC J.D.
Largest movements
- Cash +€75,129
up €75,129 (+99.9%), from €75,197 to €150,326
mainly Net result for the year (+€90,970) and Depreciation (+€19,567)
- Tangible fixed assets -€19,567
down €19,567 (-4.7%), from €415,692 to €396,125
of which Land and buildings: -€14,818
- Receivables within one year -€10,543
down €10,543 (-34.6%), from €30,444 to €19,900
of which Other amounts receivable: -€19,312
- Reserves +€60,970
up €60,970 (+20.8%), from €293,396 to €354,366
of which Distributable reserves: +€60,970
- Debts after one year -€36,780
down €36,780 (-18.4%), from €200,139 to €163,360
- Trade debts +€10,713
up €10,713 (+161%), from €6,668 to €17,381
- Other debts +€7,000
up €7,000 (+30.4%), from €23,000 to €30,000
- Gross operating margin +€23,653
up €23,653 (+19.4%), from €122,072 to €145,725
- Taxes +€5,898
up €5,898 (+33.0%), from €17,885 to €23,783
- Depreciation -€3,434
down €3,434 (-14.9%), from €23,001 to €19,567
- Financial charges -€1,564
down €1,564 (-13.3%), from €11,747 to €10,184
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 | €579,484 | €626,261 | +€46,778 | +8.1% |
| Fixed assets | 21/28 | €415,692 | €396,125 | -€19,567 | -4.7% |
| Tangible fixed assets | 22/27 | €415,692 | €396,125 | -€19,567 | -4.7% |
| Land and buildings | 22 | €159,701 | €144,883 | -€14,818 | -9.3% |
| Furniture and vehicles | 24 | €160 | - | -€160 | |
| Other tangible fixed assets | 26 | €255,831 | €251,242 | -€4,590 | -1.8% |
| Current assets | 29/58 | €163,792 | €230,137 | +€66,345 | +40.5% |
| Amounts receivable within one year | 40/41 | €30,444 | €19,900 | -€10,543 | -34.6% |
| Trade receivables | 40 | €5,081 | €13,849 | +€8,769 | +173% |
| Other amounts receivable | 41 | €25,363 | €6,051 | -€19,312 | -76.1% |
| Current investments | 50/53 | €55,000 | €55,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,197 | €150,326 | +€75,129 | +99.9% |
| Deferred charges and accrued income | 490/1 | €3,151 | €4,910 | +€1,759 | +55.8% |
| Total equity and liabilities | 10/49 | €579,484 | €626,261 | +€46,778 | +8.1% |
| Equity | 10/15 | €311,988 | €372,958 | +€60,970 | +19.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €293,396 | €354,366 | +€60,970 | +20.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €291,536 | €352,507 | +€60,970 | +20.9% |
| Amounts payable | 17/49 | €267,496 | €253,303 | -€14,193 | -5.3% |
| Amounts payable after more than one year | 17 | €200,139 | €163,360 | -€36,780 | -18.4% |
| Financial debts | 170/4 | €200,139 | €163,360 | -€36,780 | -18.4% |
| Amounts payable within one year | 42/48 | €66,665 | €89,944 | +€23,279 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €35,358 | €36,780 | +€1,421 | +4.0% |
| Trade debts | 44 | €6,668 | €17,381 | +€10,713 | +161% |
| Suppliers | 440/4 | €6,668 | €17,381 | +€10,713 | +161% |
| Taxes, remuneration and social security | 45 | €1,638 | €5,783 | +€4,145 | +253% |
| Taxes | 450/3 | €1,638 | €5,783 | +€4,145 | +253% |
| Other amounts payable | 47/48 | €23,000 | €30,000 | +€7,000 | +30.4% |
| Accrued charges and deferred income | 492/3 | €693 | - | -€693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,001 | €19,567 | -€3,434 | -14.9% |
| Other operating charges | 640/8 | €1,720 | €1,827 | +€107 | +6.2% |
| Non-recurring operating charges | 66A | - | €187 | +€187 | |
| Gross operating margin | 9900 | €122,072 | €145,725 | +€23,653 | +19.4% |
| Operating profit (loss) | 9901 | €97,351 | €124,143 | +€26,792 | +27.5% |
| Financial income | 75/76B | €0 | €794 | +€794 | +793,760% |
| Recurring financial income | 75 | €0 | €794 | +€794 | +793,760% |
| Financial charges | 65/66B | €11,747 | €10,184 | -€1,564 | -13.3% |
| Recurring financial charges | 65 | €11,747 | €10,184 | -€1,564 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €85,604 | €114,753 | +€29,150 | +34.1% |
| Income taxes | 67/77 | €17,885 | €23,783 | +€5,898 | +33.0% |
| Profit (loss) for the period | 9904 | €67,719 | €90,970 | +€23,251 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,719 | €90,970 | +€23,251 | +34.3% |
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 14 October 2026 via checked.be.