MEDIC OFFICE: 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 OFFICE
Largest movements
- Cash -€58,639
down €58,639 (-74.8%), from €78,355 to €19,716
mainly Net result for the year (-€60,692) and Investment in fixed assets (net) (-€35,272)
- Receivables within one year -€28,210
down €28,210 (-64.0%), from €44,044 to €15,834
of which Trade receivables: -€34,910
- Stocks and contracts -€12,885
down €12,885 (-22.3%), from €57,767 to €44,882
- Tangible fixed assets +€12,336
up €12,336 (+16.4%), from €75,175 to €87,511
of which Plant, machinery and equipment: +€16,438
- Reserves -€60,692
down €60,692 (-79.9%), from €75,974 to €15,282
- Tax, wage and social debts -€17,782
down €17,782 (-57.3%), from €31,052 to €13,270
of which Taxes: -€20,426
- Other debts +€15,461
up €15,461 (+25.2%), from €61,341 to €76,803
- Debts after one year -€14,741
down €14,741 (-54.2%), from €27,203 to €12,462
- Current portion of long-term debt -€4,079
down €4,079 (-19.8%), from €20,636 to €16,556
- Turnover -€45,778
down €45,778 (-15.0%), from €305,782 to €260,004
- Services and other goods +€23,425
up €23,425 (+28.2%), from €83,041 to €106,466
- Financial charges +€19,223
up €19,223 (+755%), from €2,548 to €21,771
- Goods and materials -€9,913
down €9,913 (-6.5%), from €151,490 to €141,577
of which Purchases: -€25,911
- Taxes -€7,469
down €7,469, from €7,405 to -€64
of which Taxes: -€7,405
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 | €256,109 | €171,190 | -€84,919 | -33.2% |
| Fixed assets | 21/28 | €75,175 | €87,511 | +€12,336 | +16.4% |
| Tangible fixed assets | 22/27 | €75,175 | €87,511 | +€12,336 | +16.4% |
| Land and buildings | 22 | €12,976 | €17,414 | +€4,438 | +34.2% |
| Plant, machinery and equipment | 23 | €40,827 | €57,265 | +€16,438 | +40.3% |
| Furniture and vehicles | 24 | €21,372 | €12,832 | -€8,540 | -40.0% |
| Current assets | 29/58 | €180,934 | €83,679 | -€97,255 | -53.8% |
| Stocks and contracts in progress | 3 | €57,767 | €44,882 | -€12,885 | -22.3% |
| Stocks | 30/36 | €57,767 | €44,882 | -€12,885 | -22.3% |
| Goods purchased for resale | 34 | €57,767 | €44,882 | -€12,885 | -22.3% |
| Amounts receivable within one year | 40/41 | €44,044 | €15,834 | -€28,210 | -64.0% |
| Trade receivables | 40 | €40,744 | €5,834 | -€34,910 | -85.7% |
| Other amounts receivable | 41 | €3,300 | €10,000 | +€6,700 | +203% |
| Cash at bank and in hand | 54/58 | €78,355 | €19,716 | -€58,639 | -74.8% |
| Deferred charges and accrued income | 490/1 | €769 | €3,247 | +€2,479 | +322% |
| Total equity and liabilities | 10/49 | €256,109 | €171,190 | -€84,919 | -33.2% |
| Equity | 10/15 | €88,374 | €27,682 | -€60,692 | -68.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €75,974 | €15,282 | -€60,692 | -79.9% |
| Distributable reserves | 133 | €75,974 | €15,282 | -€60,692 | -79.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €167,735 | €143,508 | -€24,226 | -14.4% |
| Amounts payable after more than one year | 17 | €27,203 | €12,462 | -€14,741 | -54.2% |
| Financial debts | 170/4 | €27,203 | €12,462 | -€14,741 | -54.2% |
| Credit institutions | 173 | €27,203 | €12,462 | -€14,741 | -54.2% |
| Amounts payable within one year | 42/48 | €140,532 | €131,046 | -€9,485 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €20,636 | €16,556 | -€4,079 | -19.8% |
| Financial debts | 43 | €5,045 | €5,065 | +€20 | +0.4% |
| Credit institutions | 430/8 | €5,045 | €5,065 | +€20 | +0.4% |
| Trade debts | 44 | €22,457 | €19,353 | -€3,104 | -13.8% |
| Suppliers | 440/4 | €22,457 | €19,353 | -€3,104 | -13.8% |
| Taxes, remuneration and social security | 45 | €31,052 | €13,270 | -€17,782 | -57.3% |
| Taxes | 450/3 | €22,576 | €2,150 | -€20,426 | -90.5% |
| Remuneration and social security | 454/9 | €8,476 | €11,120 | +€2,644 | +31.2% |
| Other amounts payable | 47/48 | €61,341 | €76,803 | +€15,461 | +25.2% |
| Operating income | 70/76A | €330,002 | €281,875 | -€48,127 | -14.6% |
| Turnover | 70 | €305,782 | €260,004 | -€45,778 | -15.0% |
| Other operating income | 74 | €24,220 | €21,872 | -€2,348 | -9.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €301,582 | €320,896 | +€19,314 | +6.4% |
| Goods for resale, raw materials and consumables | 60 | €151,490 | €141,577 | -€9,913 | -6.5% |
| Purchases | 600/8 | €154,602 | €128,691 | -€25,911 | -16.8% |
| Change in stocks: decrease (increase) | 609 | -€3,112 | €12,885 | +€15,997 | |
| Services and other goods | 61 | €83,041 | €106,466 | +€23,425 | +28.2% |
| Remuneration, social security and pensions | 62 | €45,605 | €48,994 | +€3,390 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,399 | €22,936 | +€2,537 | +12.4% |
| Other operating charges | 640/8 | €1,048 | €923 | -€125 | -11.9% |
| Operating profit (loss) | 9901 | €28,420 | -€39,021 | -€67,441 | |
| Financial income | 75/76B | €0 | €35 | +€35 | |
| Recurring financial income | 75 | €0 | €35 | +€35 | |
| Other financial income | 752/9 | €0 | €35 | +€35 | |
| Financial charges | 65/66B | €2,548 | €21,771 | +€19,223 | +755% |
| Recurring financial charges | 65 | €2,548 | €21,771 | +€19,223 | +755% |
| Debt charges | 650 | €1,327 | €2,794 | +€1,468 | +111% |
| Other financial charges | 652/9 | €1,221 | €18,976 | +€17,756 | +1,454% |
| Profit (loss) for the period before taxes | 9903 | €25,873 | -€60,756 | -€86,629 | |
| Income taxes | 67/77 | €7,405 | -€64 | -€7,469 | |
| Taxes | 670/3 | €7,405 | €0 | -€7,405 | -100% |
| Tax adjustments and reversals of tax provisions | 77 | - | €64 | +€64 | |
| Profit (loss) for the period | 9904 | €18,467 | -€60,692 | -€79,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,467 | -€60,692 | -€79,160 |
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 15 October 2026 via checked.be.