MEDICAL: 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.
MEDICAL
Largest movements
- Tangible fixed assets -€11,656
down €11,656 (-71.8%), from €16,243 to €4,588
of which Furniture and vehicles: -€13,147
- Cash -€8,728
down €8,728 (-10.4%), from €83,978 to €75,250
mainly Trade debts (-€15,656) and Other debts (-€7,746)
- Receivables within one year +€3,614
up €3,614 (+11.0%), from €33,001 to €36,615
- Trade debts -€15,656
down €15,656 (-97.0%), from €16,140 to €484
- Other debts -€7,746
down €7,746 (-37.4%), from €20,695 to €12,949
- Reserves +€6,961
up €6,961 (+7.7%), from €90,744 to €97,705
of which Distributable reserves: +€6,961
- Profit (loss) carried forward +€5,728
up €5,728, from -€5,728 to €0
- Tax, wage and social debts -€3,015
down €3,015 (-100.0%), from €3,015 to €0
- Depreciation -€4,521
down €4,521 (-21.3%), from €21,256 to €16,736
- Taxes +€1,731
up €1,731 (+57.4%), from €3,015 to €4,747
- Gross operating margin -€1,695
down €1,695 (-4.5%), from €37,964 to €36,269
- Other operating charges -€987
down €987 (-70.8%), from €1,394 to €407
- Financial charges -€943
down €943 (-52.4%), from €1,801 to €858
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 | €140,800 | €124,245 | -€16,555 | -11.8% |
| Fixed assets | 21/28 | €16,568 | €4,912 | -€11,656 | -70.4% |
| Tangible fixed assets | 22/27 | €16,243 | €4,588 | -€11,656 | -71.8% |
| Plant, machinery and equipment | 23 | €3,097 | €4,588 | +€1,491 | +48.2% |
| Furniture and vehicles | 24 | €13,147 | €0 | -€13,147 | -100.0% |
| Financial fixed assets | 28 | €324 | €324 | = | 0.0% |
| Current assets | 29/58 | €124,232 | €119,333 | -€4,899 | -3.9% |
| Amounts receivable within one year | 40/41 | €33,001 | €36,615 | +€3,614 | +11.0% |
| Other amounts receivable | 41 | €33,001 | €36,615 | +€3,614 | +11.0% |
| Cash at bank and in hand | 54/58 | €83,978 | €75,250 | -€8,728 | -10.4% |
| Deferred charges and accrued income | 490/1 | €7,253 | €7,468 | +€215 | +3.0% |
| Total equity and liabilities | 10/49 | €140,800 | €124,245 | -€16,555 | -11.8% |
| Equity | 10/15 | €97,416 | €110,105 | +€12,689 | +13.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €90,744 | €97,705 | +€6,961 | +7.7% |
| Tax-exempt reserves | 132 | €9,420 | €9,420 | = | 0.0% |
| Distributable reserves | 133 | €81,324 | €88,285 | +€6,961 | +8.6% |
| Profit (loss) carried forward | 14 | -€5,728 | €0 | +€5,728 | |
| Amounts payable | 17/49 | €43,384 | €14,140 | -€29,244 | -67.4% |
| Amounts payable within one year | 42/48 | €39,851 | €13,433 | -€26,418 | -66.3% |
| Trade debts | 44 | €16,140 | €484 | -€15,656 | -97.0% |
| Suppliers | 440/4 | €16,140 | €484 | -€15,656 | -97.0% |
| Taxes, remuneration and social security | 45 | €3,015 | €0 | -€3,015 | -100.0% |
| Taxes | 450/3 | €3,015 | €0 | -€3,015 | -100.0% |
| Other amounts payable | 47/48 | €20,695 | €12,949 | -€7,746 | -37.4% |
| Accrued charges and deferred income | 492/3 | €3,533 | €707 | -€2,826 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,256 | €16,736 | -€4,521 | -21.3% |
| Other operating charges | 640/8 | €1,394 | €407 | -€987 | -70.8% |
| Gross operating margin | 9900 | €37,964 | €36,269 | -€1,695 | -4.5% |
| Operating profit (loss) | 9901 | €15,313 | €19,127 | +€3,813 | +24.9% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100.0% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100.0% |
| Financial charges | 65/66B | €1,801 | €858 | -€943 | -52.4% |
| Recurring financial charges | 65 | €1,801 | €858 | -€943 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €13,521 | €18,269 | +€4,748 | +35.1% |
| Income taxes | 67/77 | €3,015 | €4,747 | +€1,731 | +57.4% |
| Profit (loss) for the period | 9904 | €10,506 | €13,522 | +€3,016 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,506 | €13,522 | +€3,016 | +28.7% |
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 9 October 2026 via checked.be.