MEDICALGAT: what changed
What changed
MEDICALGAT
NACE 86.210, General medical practice
filed annual accounts (NBB)
Net result for the year
€237,847
2024 · €198,271+€39,576
Equity
€945,039
2024 · €874,513+€70,527
Cash
€797,901
2024 · €652,785+€145,116
Balance sheet total
€1.5m
2024 · €1.3m+€121,129
Largest movements
Assets
- Cash +€145,116
up €145,116 (+22.2%), from €652,785 to €797,901
mainly Net result for the year (+€237,847) and Other debts (+€59,168)
- Tangible fixed assets -€29,159
down €29,159 (-6.7%), from €438,366 to €409,207
of which Land and buildings: -€29,246
Equity and liabilities
- Reserves +€70,527
up €70,527 (+8.3%), from €854,053 to €924,579
- Other debts +€59,168
up €59,168 (+45.8%), from €129,308 to €188,476
- Current portion of long-term debt +€39,267
up €39,267 (+222%), from €17,717 to €56,984
- Tax, wage and social debts -€24,663
down €24,663 (-24.8%), from €99,570 to €74,907
- Debts after one year -€19,609
down €19,609 (-10.2%), from €191,327 to €171,718
Income statement
- Gross operating margin +€61,135
up €61,135 (+17.7%), from €345,961 to €407,096
- Taxes +€12,585
up €12,585 (+12.0%), from €104,844 to €117,429
- Depreciation +€9,152
up €9,152 (+24.3%), from €37,670 to €46,822
- Financial income -€6,258
down €6,258 (-99.2%), from €6,309 to €52
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.
Result 2024
€198,271
Gross operating margin
+€61,135
Depreciation
-€9,152
Other operating charges
+€3,243
Other operating items
+€2,000
Financial income
-€6,258
Financial charges
+€1,192
Taxes
-€12,585
Result 2025
€237,847
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€310,291
Investment
-€17,513
Financing
-€147,663
Cash 2024
€652,785
From operations (derived)
+€310,291
Net result for the year
+€237,847
Depreciation
+€46,822
Receivables within one year
-€2,887
Deferred charges and accrued income
-€2,435
Trade debts
-€3,560
Tax, wage and social debts
-€24,663
Other debts
+€59,168
Investment (derived)
-€17,513
Investment in fixed assets (net)
-€17,513
Financing
-€147,663
Debts after one year
-€19,609
Current portion of long-term debt
+€39,267
Contributions, distributions and other
-€167,320
Cash 2025
€797,901
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,348,100 | €1,469,229 | +€121,129 | +9.0% |
| Fixed assets | 21/28 | €439,779 | €410,470 | -€29,309 | -6.7% |
| Intangible fixed assets | 21 | €1,413 | €1,263 | -€150 | -10.6% |
| Tangible fixed assets | 22/27 | €438,366 | €409,207 | -€29,159 | -6.7% |
| Land and buildings | 22 | €432,474 | €403,228 | -€29,246 | -6.8% |
| Furniture and vehicles | 24 | €5,892 | €5,979 | +€87 | +1.5% |
| Current assets | 29/58 | €908,321 | €1,058,759 | +€150,438 | +16.6% |
| Amounts receivable within one year | 40/41 | €255,536 | €258,423 | +€2,887 | +1.1% |
| Trade receivables | 40 | €15,536 | €18,423 | +€2,887 | +18.6% |
| Other amounts receivable | 41 | €240,000 | €240,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €652,785 | €797,901 | +€145,116 | +22.2% |
| Deferred charges and accrued income | 490/1 | - | €2,435 | +€2,435 | |
| Total equity and liabilities | 10/49 | €1,348,100 | €1,469,229 | +€121,129 | +9.0% |
| Equity | 10/15 | €874,513 | €945,039 | +€70,527 | +8.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €854,053 | €924,579 | +€70,527 | +8.3% |
| Distributable reserves | 133 | €854,053 | €924,579 | +€70,527 | +8.3% |
| Amounts payable | 17/49 | €473,587 | €524,189 | +€50,602 | +10.7% |
| Amounts payable after more than one year | 17 | €191,327 | €171,718 | -€19,609 | -10.2% |
| Financial debts | 170/4 | €191,327 | €171,718 | -€19,609 | -10.2% |
| Amounts payable within one year | 42/48 | €251,116 | €321,327 | +€70,211 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €17,717 | €56,984 | +€39,267 | +222% |
| Trade debts | 44 | €4,521 | €961 | -€3,560 | -78.8% |
| Suppliers | 440/4 | €4,521 | €961 | -€3,560 | -78.8% |
| Taxes, remuneration and social security | 45 | €99,570 | €74,907 | -€24,663 | -24.8% |
| Taxes | 450/3 | €99,570 | €74,907 | -€24,663 | -24.8% |
| Other amounts payable | 47/48 | €129,308 | €188,476 | +€59,168 | +45.8% |
| Accrued charges and deferred income | 492/3 | €31,145 | €31,145 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,670 | €46,822 | +€9,152 | +24.3% |
| Other operating charges | 640/8 | €4,958 | €1,715 | -€3,243 | -65.4% |
| Non-recurring operating charges | 66A | €2,000 | - | -€2,000 | |
| Gross operating margin | 9900 | €345,961 | €407,096 | +€61,135 | +17.7% |
| Operating profit (loss) | 9901 | €301,333 | €358,559 | +€57,226 | +19.0% |
| Financial income | 75/76B | €6,309 | €52 | -€6,258 | -99.2% |
| Recurring financial income | 75 | €6,309 | €52 | -€6,258 | -99.2% |
| Financial charges | 65/66B | €4,528 | €3,335 | -€1,192 | -26.3% |
| Recurring financial charges | 65 | €4,528 | €3,335 | -€1,192 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €303,115 | €355,276 | +€52,161 | +17.2% |
| Income taxes | 67/77 | €104,844 | €117,429 | +€12,585 | +12.0% |
| Profit (loss) for the period | 9904 | €198,271 | €237,847 | +€39,576 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €198,271 | €237,847 | +€39,576 | +20.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.