MEDICAL SERVAES: 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 SERVAES
Largest movements
- Tangible fixed assets +€292,183
up €292,183 (+30.5%), from €959,419 to €1.3m
of which Land and buildings: +€266,122
- Receivables after one year -€64,600
down €64,600 (-75.1%), from €85,968 to €21,368
- Receivables within one year +€55,030
up €55,030 (+23.7%), from €232,202 to €287,232
- Cash +€26,553
up €26,553 (+108%), from €24,680 to €51,234
mainly Debts after one year (+€220,646) and Net result for the year (+€103,830)
- Debts after one year +€220,646
up €220,646 (+39.7%), from €555,162 to €775,808
- Reserves +€65,830
up €65,830 (+16.2%), from €405,771 to €471,601
of which Distributable reserves: +€65,830
- Trade debts +€42,164
up €42,164 (+356%), from €11,840 to €54,004
- Other debts -€30,000
down €30,000 (-44.1%), from €68,000 to €38,000
- Current portion of long-term debt +€21,700
up €21,700 (+15.1%), from €143,635 to €165,335
- Taxes -€8,957
down €8,957 (-19.7%), from €45,532 to €36,575
- Gross operating margin +€8,767
up €8,767 (+3.8%), from €232,812 to €241,579
- Depreciation +€8,606
up €8,606 (+13.4%), from €64,169 to €72,775
- Financial income -€3,078
down €3,078 (-52.7%), from €5,839 to €2,761
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 | €1,334,961 | €1,638,262 | +€303,300 | +22.7% |
| Fixed assets | 21/28 | €984,419 | €1,276,603 | +€292,183 | +29.7% |
| Tangible fixed assets | 22/27 | €959,419 | €1,251,603 | +€292,183 | +30.5% |
| Land and buildings | 22 | €829,593 | €1,095,715 | +€266,122 | +32.1% |
| Plant, machinery and equipment | 23 | €712 | €475 | -€237 | -33.3% |
| Furniture and vehicles | 24 | €85,550 | €89,437 | +€3,886 | +4.5% |
| Leasing and similar rights | 25 | €43,564 | €65,976 | +€22,412 | +51.4% |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €350,542 | €361,659 | +€11,117 | +3.2% |
| Amounts receivable after more than one year | 29 | €85,968 | €21,368 | -€64,600 | -75.1% |
| Other amounts receivable | 291 | €85,968 | €21,368 | -€64,600 | -75.1% |
| Stocks and contracts in progress | 3 | €4,251 | - | -€4,251 | |
| Stocks | 30/36 | €4,251 | - | -€4,251 | |
| Amounts receivable within one year | 40/41 | €232,202 | €287,232 | +€55,030 | +23.7% |
| Other amounts receivable | 41 | €232,202 | €287,232 | +€55,030 | +23.7% |
| Cash at bank and in hand | 54/58 | €24,680 | €51,234 | +€26,553 | +108% |
| Deferred charges and accrued income | 490/1 | €3,440 | €1,825 | -€1,615 | -46.9% |
| Total equity and liabilities | 10/49 | €1,334,961 | €1,638,262 | +€303,300 | +22.7% |
| Equity | 10/15 | €532,513 | €598,343 | +€65,830 | +12.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Share premium | 1100/10 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €405,771 | €471,601 | +€65,830 | +16.2% |
| 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 | €403,911 | €469,741 | +€65,830 | +16.3% |
| Profit (loss) carried forward | 14 | €114,342 | €114,342 | = | 0.0% |
| Amounts payable | 17/49 | €802,448 | €1,039,919 | +€237,471 | +29.6% |
| Amounts payable after more than one year | 17 | €555,162 | €775,808 | +€220,646 | +39.7% |
| Financial debts | 170/4 | €555,162 | €775,808 | +€220,646 | +39.7% |
| Amounts payable within one year | 42/48 | €244,809 | €261,595 | +€16,786 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €143,635 | €165,335 | +€21,700 | +15.1% |
| Trade debts | 44 | €11,840 | €54,004 | +€42,164 | +356% |
| Suppliers | 440/4 | €11,840 | €54,004 | +€42,164 | +356% |
| Taxes, remuneration and social security | 45 | €21,334 | €4,256 | -€17,078 | -80.1% |
| Taxes | 450/3 | €21,334 | €3,008 | -€18,325 | -85.9% |
| Remuneration and social security | 454/9 | - | €1,247 | +€1,247 | |
| Other amounts payable | 47/48 | €68,000 | €38,000 | -€30,000 | -44.1% |
| Accrued charges and deferred income | 492/3 | €2,477 | €2,515 | +€39 | +1.6% |
| Non-recurring operating income | 76A | - | €29,698 | +€29,698 | |
| Remuneration, social security and pensions | 62 | - | €1,220 | +€1,220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,169 | €72,775 | +€8,606 | +13.4% |
| Other operating charges | 640/8 | €6,536 | €5,964 | -€572 | -8.8% |
| Gross operating margin | 9900 | €232,812 | €241,579 | +€8,767 | +3.8% |
| Operating profit (loss) | 9901 | €162,108 | €161,620 | -€488 | -0.3% |
| Financial income | 75/76B | €5,839 | €2,761 | -€3,078 | -52.7% |
| Recurring financial income | 75 | €5,839 | €2,761 | -€3,078 | -52.7% |
| Financial charges | 65/66B | €22,404 | €23,976 | +€1,572 | +7.0% |
| Recurring financial charges | 65 | €22,404 | €23,976 | +€1,572 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €145,543 | €140,405 | -€5,138 | -3.5% |
| Income taxes | 67/77 | €45,532 | €36,575 | -€8,957 | -19.7% |
| Profit (loss) for the period | 9904 | €100,011 | €103,830 | +€3,819 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €100,011 | €103,830 | +€3,819 | +3.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.