MEDICALE DM: 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.
MEDICALE DM
Largest movements
- Receivables within one year +€10,806
up €10,806 (+12.1%), from €88,973 to €99,779
- Tangible fixed assets -€9,419
down €9,419 (-3.4%), from €273,841 to €264,422
of which Furniture and vehicles: -€11,669
- Reserves +€42,657
up €42,657 (+17.8%), from €240,080 to €282,737
- Debts after one year -€35,573
down €35,573 (-25.2%), from €141,297 to €105,724
- Trade debts +€5,660
up €5,660 (+95.7%), from €5,915 to €11,575
- Depreciation +€7,597
up €7,597 (+49.5%), from €15,339 to €22,936
- Gross operating margin +€3,608
up €3,608 (+4.4%), from €81,105 to €84,712
- Taxes -€1,942
down €1,942 (-9.7%), from €19,973 to €18,031
- Other operating charges +€1,194
up €1,194 (+217%), from €549 to €1,743
- Financial charges +€1,013
up €1,013 (+14.9%), from €6,817 to €7,830
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 | €501,004 | €509,477 | +€8,473 | +1.7% |
| Fixed assets | 21/28 | €273,841 | €264,422 | -€9,419 | -3.4% |
| Tangible fixed assets | 22/27 | €273,841 | €264,422 | -€9,419 | -3.4% |
| Land and buildings | 22 | €206,080 | €200,791 | -€5,289 | -2.6% |
| Furniture and vehicles | 24 | €59,153 | €47,484 | -€11,669 | -19.7% |
| Other tangible fixed assets | 26 | €8,608 | €16,146 | +€7,538 | +87.6% |
| Current assets | 29/58 | €227,163 | €245,055 | +€17,892 | +7.9% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,973 | €99,779 | +€10,806 | +12.1% |
| Other amounts receivable | 41 | €88,973 | €99,779 | +€10,806 | +12.1% |
| Cash at bank and in hand | 54/58 | €3,047 | €7,052 | +€4,005 | +131% |
| Deferred charges and accrued income | 490/1 | €15,143 | €18,224 | +€3,081 | +20.3% |
| Total equity and liabilities | 10/49 | €501,004 | €509,477 | +€8,473 | +1.7% |
| Equity | 10/15 | €290,380 | €333,037 | +€42,657 | +14.7% |
| Contributions | 10/11 | €50,300 | €50,300 | = | 0.0% |
| Reserves | 13 | €240,080 | €282,737 | +€42,657 | +17.8% |
| Distributable reserves | 133 | €240,080 | €282,737 | +€42,657 | +17.8% |
| Amounts payable | 17/49 | €210,624 | €176,440 | -€34,184 | -16.2% |
| Amounts payable after more than one year | 17 | €141,297 | €105,724 | -€35,573 | -25.2% |
| Financial debts | 170/4 | €141,297 | €105,724 | -€35,573 | -25.2% |
| Amounts payable within one year | 42/48 | €69,327 | €70,346 | +€1,019 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €40,266 | €35,573 | -€4,693 | -11.7% |
| Financial debts | 43 | €8,660 | €11,560 | +€2,899 | +33.5% |
| Credit institutions | 430/8 | €8,660 | €11,560 | +€2,899 | +33.5% |
| Trade debts | 44 | €5,915 | €11,575 | +€5,660 | +95.7% |
| Suppliers | 440/4 | €5,915 | €11,575 | +€5,660 | +95.7% |
| Taxes, remuneration and social security | 45 | €14,485 | €11,638 | -€2,847 | -19.7% |
| Taxes | 450/3 | €14,485 | €11,638 | -€2,847 | -19.7% |
| Accrued charges and deferred income | 492/3 | - | €370 | +€370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,339 | €22,936 | +€7,597 | +49.5% |
| Other operating charges | 640/8 | €549 | €1,743 | +€1,194 | +217% |
| Gross operating margin | 9900 | €81,105 | €84,712 | +€3,608 | +4.4% |
| Operating profit (loss) | 9901 | €65,216 | €60,034 | -€5,183 | -7.9% |
| Financial income | 75/76B | €8,208 | €8,484 | +€276 | +3.4% |
| Recurring financial income | 75 | €8,208 | €8,484 | +€276 | +3.4% |
| Financial charges | 65/66B | €6,817 | €7,830 | +€1,013 | +14.9% |
| Recurring financial charges | 65 | €6,817 | €7,830 | +€1,013 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €66,607 | €60,687 | -€5,920 | -8.9% |
| Income taxes | 67/77 | €19,973 | €18,031 | -€1,942 | -9.7% |
| Profit (loss) for the period | 9904 | €46,634 | €42,657 | -€3,977 | -8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,634 | €42,657 | -€3,977 | -8.5% |
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 19 October 2026 via checked.be.