MEDICENNA EJ-H: 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.
MEDICENNA EJ-H
Largest movements
- Deferred charges and accrued income +€227,756
up €227,756 (+9,484%), from €2,401 to €230,158
- Cash +€120,256
up €120,256 (+371%), from €32,407 to €152,663
mainly Net result for the year (+€302,439) and Tax, wage and social debts (+€97,047)
- Receivables within one year +€29,047
new in 2025: €29,047
of which Other amounts receivable: +€28,698
- Profit (loss) carried forward +€302,439
up €302,439, from -€4,755 to €297,684
- Tax, wage and social debts +€97,047
up €97,047 (+10,653%), from €911 to €97,958
- Debts after one year -€37,500
no longer reported in 2025 (was €37,500)
- Trade debts +€9,718
up €9,718 (+115%), from €8,421 to €18,139
- Other debts +€8,403
new in 2025: €8,403
- Gross operating margin +€404,283
up €404,283, from -€526 to €403,757
- Taxes +€97,047
up €97,047 (+10,653%), from €911 to €97,958
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 | €44,578 | €424,684 | +€380,106 | +853% |
| Fixed assets | 21/28 | €9,770 | €12,817 | +€3,047 | +31.2% |
| Intangible fixed assets | 21 | €8,831 | €7,831 | -€1,000 | -11.3% |
| Tangible fixed assets | 22/27 | €939 | €4,986 | +€4,047 | +431% |
| Furniture and vehicles | 24 | €939 | €4,986 | +€4,047 | +431% |
| Current assets | 29/58 | €34,808 | €411,867 | +€377,059 | +1,083% |
| Amounts receivable within one year | 40/41 | - | €29,047 | +€29,047 | |
| Trade receivables | 40 | - | €349 | +€349 | |
| Other amounts receivable | 41 | - | €28,698 | +€28,698 | |
| Cash at bank and in hand | 54/58 | €32,407 | €152,663 | +€120,256 | +371% |
| Deferred charges and accrued income | 490/1 | €2,401 | €230,158 | +€227,756 | +9,484% |
| Total equity and liabilities | 10/49 | €44,578 | €424,684 | +€380,106 | +853% |
| Equity | 10/15 | -€2,255 | €300,184 | +€302,439 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,755 | €297,684 | +€302,439 | |
| Amounts payable | 17/49 | €46,832 | €124,500 | +€77,668 | +166% |
| Amounts payable after more than one year | 17 | €37,500 | - | -€37,500 | |
| Financial debts | 170/4 | €37,500 | - | -€37,500 | |
| Amounts payable within one year | 42/48 | €9,332 | €124,500 | +€115,168 | +1,234% |
| Trade debts | 44 | €8,421 | €18,139 | +€9,718 | +115% |
| Suppliers | 440/4 | €8,421 | €18,139 | +€9,718 | +115% |
| Taxes, remuneration and social security | 45 | €911 | €97,958 | +€97,047 | +10,653% |
| Taxes | 450/3 | €911 | €97,958 | +€97,047 | +10,653% |
| Other amounts payable | 47/48 | - | €8,403 | +€8,403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,344 | €2,017 | +€673 | +50.1% |
| Other operating charges | 640/8 | €1,887 | €1,295 | -€592 | -31.4% |
| Gross operating margin | 9900 | -€526 | €403,757 | +€404,283 | |
| Operating profit (loss) | 9901 | -€3,757 | €400,445 | +€404,202 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €87 | €49 | -€38 | -43.3% |
| Recurring financial charges | 65 | €87 | €49 | -€38 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,844 | €400,397 | +€404,241 | |
| Income taxes | 67/77 | €911 | €97,958 | +€97,047 | +10,653% |
| Profit (loss) for the period | 9904 | -€4,755 | €302,439 | +€307,193 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,755 | €302,439 | +€307,193 |
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 21 October 2026 via checked.be.