MEDICBEL: 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.
MEDICBEL
Largest movements
- Cash +€46,484
up €46,484 (+65.6%), from €70,813 to €117,297
mainly Other debts (+€75,938) and Net result for the year (+€50,507)
- Tangible fixed assets +€44,874
up €44,874 (+814%), from €5,514 to €50,388
of which Furniture and vehicles: +€43,702
- Intangible fixed assets -€10,500
down €10,500 (-14.2%), from €73,845 to €63,345
- Other debts +€75,938
up €75,938 (+173%), from €44,015 to €119,953
- Profit (loss) carried forward -€29,493
down €29,493 (-26.6%), from €110,730 to €81,237
- Debts after one year +€25,243
new in 2025: €25,243
- Current portion of long-term debt +€8,385
new in 2025: €8,385
- Tax, wage and social debts +€3,244
up €3,244 (+151%), from €2,151 to €5,395
of which Taxes: +€3,244
- Gross operating margin +€6,993
up €6,993 (+8.9%), from €78,336 to €85,329
- Taxes +€4,354
up €4,354 (+31.4%), from €13,855 to €18,209
- Financial charges +€2,112
up €2,112 (+202%), from €1,047 to €3,158
- Depreciation +€1,812
up €1,812 (+15.9%), from €11,405 to €13,217
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 | €163,238 | €246,239 | +€83,001 | +50.8% |
| Fixed assets | 21/28 | €79,360 | €113,733 | +€34,374 | +43.3% |
| Intangible fixed assets | 21 | €73,845 | €63,345 | -€10,500 | -14.2% |
| Tangible fixed assets | 22/27 | €5,514 | €50,388 | +€44,874 | +814% |
| Plant, machinery and equipment | 23 | €808 | €2,505 | +€1,697 | +210% |
| Furniture and vehicles | 24 | €52 | €43,754 | +€43,702 | +84,058% |
| Other tangible fixed assets | 26 | €4,654 | €4,129 | -€525 | -11.3% |
| Current assets | 29/58 | €83,878 | €132,506 | +€48,628 | +58.0% |
| Amounts receivable within one year | 40/41 | €682 | €1,488 | +€806 | +118% |
| Trade receivables | 40 | - | €1,488 | +€1,488 | |
| Other amounts receivable | 41 | €682 | €0 | -€682 | -100% |
| Cash at bank and in hand | 54/58 | €70,813 | €117,297 | +€46,484 | +65.6% |
| Deferred charges and accrued income | 490/1 | €12,383 | €13,721 | +€1,338 | +10.8% |
| Total equity and liabilities | 10/49 | €163,238 | €246,239 | +€83,001 | +50.8% |
| Equity | 10/15 | €114,730 | €85,237 | -€29,493 | -25.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,730 | €81,237 | -€29,493 | -26.6% |
| Amounts payable | 17/49 | €48,508 | €161,002 | +€112,495 | +232% |
| Amounts payable after more than one year | 17 | - | €25,243 | +€25,243 | |
| Financial debts | 170/4 | - | €25,243 | +€25,243 | |
| Amounts payable within one year | 42/48 | €48,508 | €135,759 | +€87,252 | +180% |
| Current portion of amounts payable after more than one year | 42 | - | €8,385 | +€8,385 | |
| Trade debts | 44 | €2,342 | €2,027 | -€315 | -13.4% |
| Suppliers | 440/4 | €2,342 | €2,027 | -€315 | -13.4% |
| Taxes, remuneration and social security | 45 | €2,151 | €5,395 | +€3,244 | +151% |
| Taxes | 450/3 | €351 | €3,595 | +€3,244 | +925% |
| Remuneration and social security | 454/9 | €1,800 | €1,800 | = | 0.0% |
| Other amounts payable | 47/48 | €44,015 | €119,953 | +€75,938 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,405 | €13,217 | +€1,812 | +15.9% |
| Other operating charges | 640/8 | €822 | €1,056 | +€234 | +28.5% |
| Gross operating margin | 9900 | €78,336 | €85,329 | +€6,993 | +8.9% |
| Operating profit (loss) | 9901 | €66,109 | €71,056 | +€4,947 | +7.5% |
| Financial income | 75/76B | €335 | €818 | +€483 | +144% |
| Recurring financial income | 75 | €335 | €818 | +€483 | +144% |
| Financial charges | 65/66B | €1,047 | €3,158 | +€2,112 | +202% |
| Recurring financial charges | 65 | €1,047 | €3,158 | +€2,112 | +202% |
| Profit (loss) for the period before taxes | 9903 | €65,397 | €68,715 | +€3,318 | +5.1% |
| Income taxes | 67/77 | €13,855 | €18,209 | +€4,354 | +31.4% |
| Profit (loss) for the period | 9904 | €51,542 | €50,507 | -€1,035 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,542 | €50,507 | -€1,035 | -2.0% |
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 17 October 2026 via checked.be.