MEDICAMIS: 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.
MEDICAMIS
Largest movements
- Tangible fixed assets -€25,166
down €25,166 (-19.1%), from €131,473 to €106,307
of which Furniture and vehicles: -€23,695
- Cash -€5,970
down €5,970 (-3.7%), from €163,246 to €157,277
mainly Contributions, distributions and other (-€57,558) and Debts after one year (-€20,019)
- Receivables within one year -€3,711
down €3,711 (-8.3%), from €44,745 to €41,034
of which Other amounts receivable: -€2,916
- Reserves -€57,558
down €57,558 (-29.2%), from €196,969 to €139,411
of which Distributable reserves: -€57,558
- Other debts +€46,603
up €46,603 (+88.4%), from €52,740 to €99,343
- Debts after one year -€20,019
down €20,019 (-27.8%), from €72,008 to €51,989
- Current portion of long-term debt -€6,349
down €6,349 (-24.1%), from €26,368 to €20,019
- Gross operating margin +€37,572
up €37,572 (+66.8%), from €56,276 to €93,848
- Staff costs +€4,238
up €4,238 (+11.3%), from €37,455 to €41,694
- Depreciation -€3,047
down €3,047 (-6.4%), from €47,772 to €44,725
- Financial income -€2,142
down €2,142 (-91.7%), from €2,335 to €193
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 | €342,622 | €307,938 | -€34,684 | -10.1% |
| Fixed assets | 21/28 | €131,523 | €106,357 | -€25,166 | -19.1% |
| Tangible fixed assets | 22/27 | €131,473 | €106,307 | -€25,166 | -19.1% |
| Plant, machinery and equipment | 23 | €6,693 | €5,051 | -€1,642 | -24.5% |
| Furniture and vehicles | 24 | €115,564 | €91,869 | -€23,695 | -20.5% |
| Other tangible fixed assets | 26 | €9,215 | €9,387 | +€172 | +1.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €211,099 | €201,581 | -€9,518 | -4.5% |
| Amounts receivable within one year | 40/41 | €44,745 | €41,034 | -€3,711 | -8.3% |
| Trade receivables | 40 | €795 | - | -€795 | |
| Other amounts receivable | 41 | €43,950 | €41,034 | -€2,916 | -6.6% |
| Cash at bank and in hand | 54/58 | €163,246 | €157,277 | -€5,970 | -3.7% |
| Deferred charges and accrued income | 490/1 | €3,108 | €3,270 | +€162 | +5.2% |
| Total equity and liabilities | 10/49 | €342,622 | €307,938 | -€34,684 | -10.1% |
| Equity | 10/15 | €178,421 | €122,641 | -€55,780 | -31.3% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €196,969 | €139,411 | -€57,558 | -29.2% |
| Tax-exempt reserves | 132 | €6,392 | €6,392 | = | 0.0% |
| Distributable reserves | 133 | €190,577 | €133,019 | -€57,558 | -30.2% |
| Profit (loss) carried forward | 14 | -€31,148 | -€29,370 | +€1,778 | +5.7% |
| Amounts payable | 17/49 | €164,201 | €185,297 | +€21,096 | +12.8% |
| Amounts payable after more than one year | 17 | €72,008 | €51,989 | -€20,019 | -27.8% |
| Financial debts | 170/4 | €72,008 | €51,989 | -€20,019 | -27.8% |
| Amounts payable within one year | 42/48 | €90,156 | €131,420 | +€41,264 | +45.8% |
| Current portion of amounts payable after more than one year | 42 | €26,368 | €20,019 | -€6,349 | -24.1% |
| Trade debts | 44 | €1,883 | €1,576 | -€308 | -16.3% |
| Suppliers | 440/4 | €1,883 | €1,576 | -€308 | -16.3% |
| Taxes, remuneration and social security | 45 | €9,164 | €10,482 | +€1,318 | +14.4% |
| Taxes | 450/3 | €5,000 | €5,200 | +€200 | +4.0% |
| Remuneration and social security | 454/9 | €4,164 | €5,282 | +€1,118 | +26.8% |
| Other amounts payable | 47/48 | €52,740 | €99,343 | +€46,603 | +88.4% |
| Accrued charges and deferred income | 492/3 | €2,038 | €1,888 | -€149 | -7.3% |
| Remuneration, social security and pensions | 62 | €37,455 | €41,694 | +€4,238 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,772 | €44,725 | -€3,047 | -6.4% |
| Other operating charges | 640/8 | €865 | €948 | +€84 | +9.7% |
| Gross operating margin | 9900 | €56,276 | €93,848 | +€37,572 | +66.8% |
| Operating profit (loss) | 9901 | -€29,817 | €6,481 | +€36,297 | |
| Financial income | 75/76B | €2,335 | €193 | -€2,142 | -91.7% |
| Recurring financial income | 75 | €2,335 | €193 | -€2,142 | -91.7% |
| Financial charges | 65/66B | €5,517 | €5,160 | -€357 | -6.5% |
| Recurring financial charges | 65 | €5,517 | €5,160 | -€357 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€32,999 | €1,514 | +€34,512 | |
| Income taxes | 67/77 | €362 | -€264 | -€626 | |
| Profit (loss) for the period | 9904 | -€33,360 | €1,778 | +€35,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,360 | €1,778 | +€35,138 |
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 24 October 2026 via checked.be.