MEDICEVER: 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.
MEDICEVER
Largest movements
- Receivables within one year +€33,780
up €33,780 (+11.8%), from €286,909 to €320,689
- Cash -€12,686
down €12,686 (-88.4%), from €14,349 to €1,663
mainly Receivables within one year (-€33,780) and Net result for the year (-€12,002)
- Tangible fixed assets -€11,198
down €11,198 (-29.4%), from €38,138 to €26,940
of which Land and buildings: -€8,518
- Tax, wage and social debts +€19,078
up €19,078 (+149%), from €12,807 to €31,884
of which Taxes: +€10,749
- Profit (loss) carried forward -€12,002
down €12,002 (-3.9%), from €304,836 to €292,834
- Trade debts +€4,384
up €4,384 (+1,416%), from €310 to €4,693
- Gross operating margin -€88,825
down €88,825 (-66.2%), from €134,273 to €45,448
- Taxes -€15,316
down €15,316 (-93.1%), from €16,446 to €1,130
- Staff costs +€11,697
up €11,697 (+40.3%), from €29,005 to €40,702
- Financial charges +€1,487
up €1,487 (+129%), from €1,155 to €2,642
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 | €342,534 | €353,408 | +€10,874 | +3.2% |
| Fixed assets | 21/28 | €38,138 | €26,940 | -€11,198 | -29.4% |
| Tangible fixed assets | 22/27 | €38,138 | €26,940 | -€11,198 | -29.4% |
| Land and buildings | 22 | €29,577 | €21,059 | -€8,518 | -28.8% |
| Furniture and vehicles | 24 | €8,561 | €5,881 | -€2,680 | -31.3% |
| Current assets | 29/58 | €304,396 | €326,468 | +€22,072 | +7.3% |
| Amounts receivable within one year | 40/41 | €286,909 | €320,689 | +€33,780 | +11.8% |
| Other amounts receivable | 41 | €286,909 | €320,689 | +€33,780 | +11.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,349 | €1,663 | -€12,686 | -88.4% |
| Deferred charges and accrued income | 490/1 | €3,138 | €4,117 | +€979 | +31.2% |
| Total equity and liabilities | 10/49 | €342,534 | €353,408 | +€10,874 | +3.2% |
| Equity | 10/15 | €323,428 | €311,426 | -€12,002 | -3.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €304,836 | €292,834 | -€12,002 | -3.9% |
| Amounts payable | 17/49 | €19,106 | €41,982 | +€22,876 | +120% |
| Amounts payable within one year | 42/48 | €18,208 | €41,634 | +€23,426 | +129% |
| Current portion of amounts payable after more than one year | 42 | €5,092 | €5,057 | -€35 | -0.7% |
| Trade debts | 44 | €310 | €4,693 | +€4,384 | +1,416% |
| Suppliers | 440/4 | €310 | €4,693 | +€4,384 | +1,416% |
| Taxes, remuneration and social security | 45 | €12,807 | €31,884 | +€19,078 | +149% |
| Taxes | 450/3 | - | €10,749 | +€10,749 | |
| Remuneration and social security | 454/9 | €12,807 | €21,135 | +€8,328 | +65.0% |
| Accrued charges and deferred income | 492/3 | €898 | €348 | -€550 | -61.3% |
| Remuneration, social security and pensions | 62 | €29,005 | €40,702 | +€11,697 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,906 | €11,198 | +€292 | +2.7% |
| Other operating charges | 640/8 | €1,571 | €1,844 | +€272 | +17.3% |
| Non-recurring operating charges | 66A | €27,700 | - | -€27,700 | |
| Gross operating margin | 9900 | €134,273 | €45,448 | -€88,825 | -66.2% |
| Operating profit (loss) | 9901 | €65,090 | -€8,296 | -€73,386 | |
| Financial income | 75/76B | €1,400 | €66 | -€1,334 | -95.3% |
| Recurring financial income | 75 | €1,400 | €66 | -€1,334 | -95.3% |
| Financial charges | 65/66B | €1,155 | €2,642 | +€1,487 | +129% |
| Recurring financial charges | 65 | €1,155 | €2,642 | +€1,487 | +129% |
| Profit (loss) for the period before taxes | 9903 | €65,335 | -€10,873 | -€76,207 | |
| Income taxes | 67/77 | €16,446 | €1,130 | -€15,316 | -93.1% |
| Profit (loss) for the period | 9904 | €48,889 | -€12,002 | -€60,891 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,889 | -€12,002 | -€60,891 |
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 14 October 2026 via checked.be.