MEDICECHO: what changed
Two fiscal 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.
MEDICECHO
Largest movements
- Cash +€45,270
up €45,270 (+750.4%), from €6,032 to €51,302
mainly Net result for the year (+€223,182) and Other debts (+€93,968)
- Deferred charges and accrued income -€20,464
down €20,464 (-14.4%), from €141,939 to €121,476
- Tangible fixed assets -€18,057
down €18,057 (-29.0%), from €62,306 to €44,248
of which Furniture and vehicles: -€17,024
- Current investments -€12,806
down €12,806 (-36.7%), from €34,925 to €22,118
- Receivables within one year +€8,404
new in 2025: €8,404
of which Trade receivables: +€4,219
- Other debts +€93,968
up €93,968 (+133.9%), from €70,201 to €164,169
- Profit (loss) carried forward -€78,507
no longer reported in 2025 (was €78,507)
- Debts after one year -€15,351
down €15,351 (-51.7%), from €29,719 to €14,368
- Gross operating margin -€7,829
down €7,829 (-2.4%), from €325,180 to €317,352
- Taxes -€3,363
down €3,363 (-4.5%), from €75,180 to €71,817
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.
Cash bridge derived
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 | €245,245 | €247,548 | +€2,303 | +0.9% |
| Formation expenses | 20 | €42 | - | -€42 | |
| Fixed assets | 21/28 | €62,306 | €44,248 | -€18,057 | -29.0% |
| Tangible fixed assets | 22/27 | €62,306 | €44,248 | -€18,057 | -29.0% |
| Furniture and vehicles | 24 | €53,415 | €36,390 | -€17,024 | -31.9% |
| Other tangible fixed assets | 26 | €8,891 | €7,858 | -€1,033 | -11.6% |
| Current assets | 29/58 | €182,897 | €203,300 | +€20,403 | +11.2% |
| Amounts receivable within one year | 40/41 | - | €8,404 | +€8,404 | |
| Trade receivables | 40 | - | €4,219 | +€4,219 | |
| Other amounts receivable | 41 | - | €4,186 | +€4,186 | |
| Current investments | 50/53 | €34,925 | €22,118 | -€12,806 | -36.7% |
| Cash at bank and in hand | 54/58 | €6,032 | €51,302 | +€45,270 | +750.4% |
| Deferred charges and accrued income | 490/1 | €141,939 | €121,476 | -€20,464 | -14.4% |
| Total equity and liabilities | 10/49 | €245,245 | €247,548 | +€2,303 | +0.9% |
| Equity | 10/15 | €83,507 | €5,000 | -€78,507 | -94.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,507 | - | -€78,507 | |
| Amounts payable | 17/49 | €161,738 | €242,548 | +€80,810 | +50.0% |
| Amounts payable after more than one year | 17 | €29,719 | €14,368 | -€15,351 | -51.7% |
| Financial debts | 170/4 | €29,719 | €14,368 | -€15,351 | -51.7% |
| Amounts payable within one year | 42/48 | €131,879 | €228,180 | +€96,301 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | €15,020 | €15,351 | +€331 | +2.2% |
| Trade debts | 44 | €2,026 | €3,407 | +€1,380 | +68.1% |
| Suppliers | 440/4 | €2,026 | €3,407 | +€1,380 | +68.1% |
| Taxes, remuneration and social security | 45 | €44,631 | €45,253 | +€622 | +1.4% |
| Taxes | 450/3 | €44,631 | €45,253 | +€622 | +1.4% |
| Other amounts payable | 47/48 | €70,201 | €164,169 | +€93,968 | +133.9% |
| Accrued charges and deferred income | 492/3 | €139 | - | -€139 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,905 | €20,248 | +€343 | +1.7% |
| Other operating charges | 640/8 | €471 | €404 | -€67 | -14.2% |
| Gross operating margin | 9900 | €325,180 | €317,352 | -€7,829 | -2.4% |
| Operating profit (loss) | 9901 | €304,804 | €296,699 | -€8,105 | -2.7% |
| Financial income | 75/76B | €2,876 | €9 | -€2,867 | -99.7% |
| Recurring financial income | 75 | €2,876 | €9 | -€2,867 | -99.7% |
| Financial charges | 65/66B | €2,021 | €1,709 | -€312 | -15.4% |
| Recurring financial charges | 65 | €2,021 | €1,709 | -€312 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €305,658 | €294,999 | -€10,659 | -3.5% |
| Income taxes | 67/77 | €75,180 | €71,817 | -€3,363 | -4.5% |
| Profit (loss) for the period | 9904 | €230,479 | €223,182 | -€7,296 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €230,479 | €223,182 | -€7,296 | -3.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.