MEDICAF: 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.
MEDICAF
Largest movements
- Receivables within one year +€57,710
up €57,710 (+10.4%), from €553,477 to €611,187
- Reserves +€43,500
up €43,500 (+125%), from €34,859 to €78,359
of which Distributable reserves: +€43,500
- Tax, wage and social debts +€35,442
up €35,442 (+112%), from €31,570 to €67,012
of which Taxes: +€25,682
- Other debts -€13,548
down €13,548 (-3.6%), from €377,088 to €363,539
- Staff costs +€33,851
up €33,851 (+274%), from €12,353 to €46,204
- Gross operating margin +€22,236
up €22,236 (+21.6%), from €102,967 to €125,202
- Financial income +€8,848
up €8,848 (+33.4%), from €26,452 to €35,300
- Financial charges +€3,070
up €3,070 (+5.4%), from €56,948 to €60,018
- Taxes +€2,968
up €2,968 (+19.7%), from €15,093 to €18,061
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,270,898 | €1,319,539 | +€48,641 | +3.8% |
| Fixed assets | 21/28 | €706,510 | €706,510 | = | 0.0% |
| Financial fixed assets | 28 | €706,510 | €706,510 | = | 0.0% |
| Current assets | 29/58 | €564,388 | €613,029 | +€48,641 | +8.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €553,477 | €611,187 | +€57,710 | +10.4% |
| Other amounts receivable | 41 | €553,477 | €611,187 | +€57,710 | +10.4% |
| Cash at bank and in hand | 54/58 | €131 | €33 | -€98 | -75.1% |
| Deferred charges and accrued income | 490/1 | €10,780 | €1,810 | -€8,970 | -83.2% |
| Total equity and liabilities | 10/49 | €1,270,898 | €1,319,539 | +€48,641 | +3.8% |
| Equity | 10/15 | €220,199 | €263,777 | +€43,578 | +19.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,859 | €78,359 | +€43,500 | +125% |
| 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 | €33,000 | €76,500 | +€43,500 | +132% |
| Profit (loss) carried forward | 14 | €166,748 | €166,826 | +€78 | 0.0% |
| Provisions and deferred taxes | 16 | €618,397 | €605,724 | -€12,673 | -2.0% |
| Provisions for liabilities and charges | 160/5 | €618,397 | €605,724 | -€12,673 | -2.0% |
| Other liabilities and charges | 164/5 | €618,397 | €605,724 | -€12,673 | -2.0% |
| Amounts payable | 17/49 | €432,302 | €450,038 | +€17,736 | +4.1% |
| Amounts payable within one year | 42/48 | €432,302 | €450,038 | +€17,736 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Financial debts | 43 | €621 | €630 | +€9 | +1.4% |
| Credit institutions | 430/8 | €621 | €630 | +€9 | +1.4% |
| Trade debts | 44 | €17,024 | €12,858 | -€4,166 | -24.5% |
| Suppliers | 440/4 | €17,024 | €12,858 | -€4,166 | -24.5% |
| Taxes, remuneration and social security | 45 | €31,570 | €67,012 | +€35,442 | +112% |
| Taxes | 450/3 | €24,520 | €50,202 | +€25,682 | +105% |
| Remuneration and social security | 454/9 | €7,051 | €16,810 | +€9,760 | +138% |
| Other amounts payable | 47/48 | €377,088 | €363,539 | -€13,548 | -3.6% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €12,353 | €46,204 | +€33,851 | +274% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€12,111 | -€12,673 | -€562 | -4.6% |
| Other operating charges | 640/8 | €7,199 | €5,314 | -€1,885 | -26.2% |
| Gross operating margin | 9900 | €102,967 | €125,202 | +€22,236 | +21.6% |
| Operating profit (loss) | 9901 | €95,525 | €86,357 | -€9,168 | -9.6% |
| Financial income | 75/76B | €26,452 | €35,300 | +€8,848 | +33.4% |
| Recurring financial income | 75 | €26,452 | €35,300 | +€8,848 | +33.4% |
| Financial charges | 65/66B | €56,948 | €60,018 | +€3,070 | +5.4% |
| Recurring financial charges | 65 | €56,948 | €60,018 | +€3,070 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €65,028 | €61,639 | -€3,390 | -5.2% |
| Income taxes | 67/77 | €15,093 | €18,061 | +€2,968 | +19.7% |
| Profit (loss) for the period | 9904 | €49,935 | €43,578 | -€6,357 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,935 | €43,578 | -€6,357 | -12.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.