Medicem: 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.
Medicem
Largest movements
- Intangible fixed assets +€29,205
up €29,205 (+8.5%), from €345,196 to €374,401
- Receivables within one year +€27,952
up €27,952 (+4.8%), from €587,817 to €615,769
of which Other amounts receivable: +€52,783
- Cash +€17,417
up €17,417 (+315.1%), from €5,528 to €22,945
mainly Depreciation (+€83,771) and Net result for the year (+€71,290)
- Profit (loss) carried forward +€71,290
up €71,290 (+15.6%), from €456,471 to €527,760
- Tax, wage and social debts +€20,669
up €20,669 (+148.0%), from €13,962 to €34,631
- Trade debts -€17,385
down €17,385 (-68.1%), from €25,533 to €8,148
- Depreciation +€63,976
up €63,976 (+323.2%), from €19,795 to €83,771
- Taxes -€24,717
down €24,717 (-48.8%), from €50,674 to €25,957
- Services and other goods +€15,214
up €15,214 (+13.3%), from €114,750 to €129,965
- Financial income -€13,120
down €13,120 (-48.8%), from €26,904 to €13,784
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 | €938,541 | €1,013,114 | +€74,573 | +7.9% |
| Fixed assets | 21/28 | €345,196 | €374,401 | +€29,205 | +8.5% |
| Intangible fixed assets | 21 | €345,196 | €374,401 | +€29,205 | +8.5% |
| Current assets | 29/58 | €593,345 | €638,714 | +€45,368 | +7.6% |
| Amounts receivable within one year | 40/41 | €587,817 | €615,769 | +€27,952 | +4.8% |
| Trade receivables | 40 | €71,663 | €46,832 | -€24,832 | -34.7% |
| Other amounts receivable | 41 | €516,154 | €568,937 | +€52,783 | +10.2% |
| Cash at bank and in hand | 54/58 | €5,528 | €22,945 | +€17,417 | +315.1% |
| Total equity and liabilities | 10/49 | €938,541 | €1,013,114 | +€74,573 | +7.9% |
| Equity | 10/15 | €896,471 | €967,760 | +€71,290 | +8.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €456,471 | €527,760 | +€71,290 | +15.6% |
| Amounts payable | 17/49 | €42,071 | €45,354 | +€3,284 | +7.8% |
| Amounts payable within one year | 42/48 | €39,496 | €42,779 | +€3,284 | +8.3% |
| Trade debts | 44 | €25,533 | €8,148 | -€17,385 | -68.1% |
| Suppliers | 440/4 | €25,533 | €8,148 | -€17,385 | -68.1% |
| Taxes, remuneration and social security | 45 | €13,962 | €34,631 | +€20,669 | +148.0% |
| Taxes | 450/3 | €13,962 | €34,631 | +€20,669 | +148.0% |
| Accrued charges and deferred income | 492/3 | €2,575 | €2,575 | = | 0.0% |
| Operating income | 70/76A | €304,228 | €297,821 | -€6,407 | -2.1% |
| Other operating income | 74 | €304,228 | €297,821 | -€6,407 | -2.1% |
| Operating charges | 60/66A | €135,361 | €213,913 | +€78,552 | +58.0% |
| Services and other goods | 61 | €114,750 | €129,965 | +€15,214 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,795 | €83,771 | +€63,976 | +323.2% |
| Other operating charges | 640/8 | €815 | €177 | -€638 | -78.2% |
| Operating profit (loss) | 9901 | €168,867 | €83,908 | -€84,960 | -50.3% |
| Financial income | 75/76B | €26,904 | €13,784 | -€13,120 | -48.8% |
| Recurring financial income | 75 | €26,904 | €13,784 | -€13,120 | -48.8% |
| Income from current assets | 751 | €26,904 | €13,784 | -€13,120 | -48.8% |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €912 | €446 | -€466 | -51.1% |
| Recurring financial charges | 65 | €912 | €446 | -€466 | -51.1% |
| Debt charges | 650 | €120 | €52 | -€69 | -57.0% |
| Other financial charges | 652/9 | €792 | €394 | -€398 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €194,860 | €97,246 | -€97,613 | -50.1% |
| Income taxes | 67/77 | €50,674 | €25,957 | -€24,717 | -48.8% |
| Taxes | 670/3 | €50,674 | €25,957 | -€24,717 | -48.8% |
| Profit (loss) for the period | 9904 | €144,185 | €71,290 | -€72,896 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €144,185 | €71,290 | -€72,896 | -50.6% |
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 10 October 2026 via checked.be.