MEDICAL-IS: what changed
MEDICAL-IS
Largest movements
- Cash +€11,580
up €11,580 (+57.7%), from €20,072 to €31,653
mainly Tax, wage and social debts (+€16,114) and Net result for the year (+€8,936)
- Receivables within one year +€4,823
up €4,823 (+32.9%), from €14,678 to €19,501
of which Other amounts receivable: +€5,527
- Tangible fixed assets -€589
down €589 (-38.8%), from €1,519 to €930
- Profit (loss) carried forward -€33,587
no longer reported in 2025 (was €33,587)
- Reserves +€32,974
new in 2025: €32,974
- Tax, wage and social debts +€16,114
new in 2025: €16,114
of which Taxes: +€16,085
- Gross operating margin -€16,542
down €16,542 (-48.7%), from €33,981 to €17,439
- Taxes +€6,620
new in 2025: €6,620
- Financial charges +€970
up €970 (+12,933%), from €8 to €978
- Depreciation +€506
new in 2025: €506
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,350 | €52,165 | +€15,814 | +43.5% |
| Fixed assets | 21/28 | €1,519 | €930 | -€589 | -38.8% |
| Tangible fixed assets | 22/27 | €1,519 | €930 | -€589 | -38.8% |
| Furniture and vehicles | 24 | €1,519 | €930 | -€589 | -38.8% |
| Current assets | 29/58 | €34,831 | €51,235 | +€16,404 | +47.1% |
| Amounts receivable within one year | 40/41 | €14,678 | €19,501 | +€4,823 | +32.9% |
| Trade receivables | 40 | €13,635 | €12,931 | -€704 | -5.2% |
| Other amounts receivable | 41 | €1,043 | €6,570 | +€5,527 | +530% |
| Cash at bank and in hand | 54/58 | €20,072 | €31,653 | +€11,580 | +57.7% |
| Deferred charges and accrued income | 490/1 | €81 | €81 | = | 0.0% |
| Total equity and liabilities | 10/49 | €36,350 | €52,165 | +€15,814 | +43.5% |
| Equity | 10/15 | €36,087 | €35,474 | -€612 | -1.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €32,974 | +€32,974 | |
| Distributable reserves | 133 | - | €32,974 | +€32,974 | |
| Profit (loss) carried forward | 14 | €33,587 | - | -€33,587 | |
| Amounts payable | 17/49 | €264 | €16,690 | +€16,427 | +6,231% |
| Amounts payable within one year | 42/48 | €264 | €16,690 | +€16,427 | +6,231% |
| Trade debts | 44 | €264 | €577 | +€313 | +119% |
| Suppliers | 440/4 | €264 | €577 | +€313 | +119% |
| Taxes, remuneration and social security | 45 | - | €16,114 | +€16,114 | |
| Taxes | 450/3 | - | €16,085 | +€16,085 | |
| Remuneration and social security | 454/9 | - | €28 | +€28 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €506 | +€506 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €33,981 | €17,439 | -€16,542 | -48.7% |
| Operating profit (loss) | 9901 | €33,594 | €16,533 | -€17,061 | -50.8% |
| Financial charges | 65/66B | €8 | €978 | +€970 | +12,933% |
| Recurring financial charges | 65 | €8 | €978 | +€970 | +12,933% |
| Profit (loss) for the period before taxes | 9903 | €33,587 | €15,556 | -€18,031 | -53.7% |
| Income taxes | 67/77 | - | €6,620 | +€6,620 | |
| Profit (loss) for the period | 9904 | €33,587 | €8,936 | -€24,651 | -73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,587 | €8,936 | -€24,651 | -73.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.