MEDICAL FOCUS: 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 FOCUS
Largest movements
- Cash +€14,202
up €14,202 (+1,180%), from €1,203 to €15,405
mainly Net result for the year (+€11,669) and Trade debts (+€6,930)
- Deferred charges and accrued income -€1,348
down €1,348 (-19.6%), from €6,861 to €5,513
- Reserves +€11,669
up €11,669 (+627%), from €1,860 to €13,529
of which Distributable reserves: +€11,669
- Trade debts +€6,930
up €6,930 (+1,294%), from €536 to €7,465
- Other debts -€6,098
down €6,098 (-29.9%), from €20,395 to €14,297
- Tax, wage and social debts +€353
up €353 (+14.1%), from €2,500 to €2,853
of which Taxes: +€2,853
- Financial charges -€28,223
down €28,223 (-99.0%), from €28,521 to €298
- Gross operating margin -€5,528
down €5,528 (-26.2%), from €21,113 to €15,584
- Other operating charges -€1,400
down €1,400 (-64.7%), from €2,164 to €764
- Taxes +€1,225
up €1,225 (+75.3%), from €1,628 to €2,853
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 | €8,064 | €20,917 | +€12,854 | +159% |
| Current assets | 29/58 | €8,064 | €20,917 | +€12,854 | +159% |
| Cash at bank and in hand | 54/58 | €1,203 | €15,405 | +€14,202 | +1,180% |
| Deferred charges and accrued income | 490/1 | €6,861 | €5,513 | -€1,348 | -19.6% |
| Total equity and liabilities | 10/49 | €8,064 | €20,917 | +€12,854 | +159% |
| Equity | 10/15 | -€15,367 | -€3,698 | +€11,669 | +75.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,529 | +€11,669 | +627% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €11,669 | +€11,669 | |
| Profit (loss) carried forward | 14 | -€29,627 | -€29,627 | = | 0.0% |
| Amounts payable | 17/49 | €23,431 | €24,615 | +€1,184 | +5.1% |
| Amounts payable within one year | 42/48 | €23,431 | €24,615 | +€1,184 | +5.1% |
| Trade debts | 44 | €536 | €7,465 | +€6,930 | +1,294% |
| Suppliers | 440/4 | €536 | €7,465 | +€6,930 | +1,294% |
| Taxes, remuneration and social security | 45 | €2,500 | €2,853 | +€353 | +14.1% |
| Taxes | 450/3 | - | €2,853 | +€2,853 | |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €20,395 | €14,297 | -€6,098 | -29.9% |
| Other operating charges | 640/8 | €2,164 | €764 | -€1,400 | -64.7% |
| Gross operating margin | 9900 | €21,113 | €15,584 | -€5,528 | -26.2% |
| Operating profit (loss) | 9901 | €18,949 | €14,821 | -€4,128 | -21.8% |
| Financial charges | 65/66B | €28,521 | €298 | -€28,223 | -99.0% |
| Recurring financial charges | 65 | €28,521 | €298 | -€28,223 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,572 | €14,522 | +€24,095 | |
| Income taxes | 67/77 | €1,628 | €2,853 | +€1,225 | +75.3% |
| Profit (loss) for the period | 9904 | -€11,200 | €11,669 | +€22,869 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,200 | €11,669 | +€22,869 |
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 23 October 2026 via checked.be.