MEDICHECK: 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.
MEDICHECK
Largest movements
- Current investments +€600,736
up €600,736 (+60,074%), from €1,000 to €601,736
- Cash -€242,241
down €242,241 (-36.9%), from €657,112 to €414,871
mainly Current investments (-€600,736) and Investment in fixed assets (net) (-€114,871)
- Receivables within one year -€138,181
down €138,181 (-22.6%), from €610,185 to €472,004
of which Trade receivables: -€104,654
- Intangible fixed assets -€81,356
down €81,356 (-14.1%), from €577,747 to €496,391
- Profit (loss) carried forward +€302,959
up €302,959 (+78.6%), from €385,657 to €688,616
- Accrued charges and deferred income -€114,708
down €114,708 (-17.3%), from €662,502 to €547,794
- Trade debts -€71,971
down €71,971 (-25.7%), from €279,600 to €207,629
- Tax, wage and social debts +€24,087
up €24,087 (+17.7%), from €135,792 to €159,879
of which Remuneration and social security: +€67,472
- Gross operating margin +€343,381
up €343,381 (+35.6%), from €964,668 to €1.3m
- Staff costs +€169,110
up €169,110 (+32.1%), from €527,621 to €696,732
- Write-downs -€70,250
down €70,250 (-98.9%), from €71,000 to €750
- Taxes +€59,203
up €59,203 (+113%), from €52,614 to €111,817
- Depreciation +€32,569
up €32,569 (+20.0%), from €162,707 to €195,276
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 | €1,880,798 | €2,016,962 | +€136,164 | +7.2% |
| Fixed assets | 21/28 | €595,001 | €514,596 | -€80,406 | -13.5% |
| Intangible fixed assets | 21 | €577,747 | €496,391 | -€81,356 | -14.1% |
| Tangible fixed assets | 22/27 | €8,012 | €8,963 | +€951 | +11.9% |
| Furniture and vehicles | 24 | €8,012 | €8,963 | +€951 | +11.9% |
| Financial fixed assets | 28 | €9,242 | €9,242 | = | 0.0% |
| Current assets | 29/58 | €1,285,797 | €1,502,366 | +€216,570 | +16.8% |
| Amounts receivable within one year | 40/41 | €610,185 | €472,004 | -€138,181 | -22.6% |
| Trade receivables | 40 | €544,759 | €440,106 | -€104,654 | -19.2% |
| Other amounts receivable | 41 | €65,426 | €31,898 | -€33,528 | -51.2% |
| Current investments | 50/53 | €1,000 | €601,736 | +€600,736 | +60,074% |
| Cash at bank and in hand | 54/58 | €657,112 | €414,871 | -€242,241 | -36.9% |
| Deferred charges and accrued income | 490/1 | €17,500 | €13,755 | -€3,745 | -21.4% |
| Total equity and liabilities | 10/49 | €1,880,798 | €2,016,962 | +€136,164 | +7.2% |
| Equity | 10/15 | €796,929 | €1,099,888 | +€302,959 | +38.0% |
| Contributions | 10/11 | €411,272 | €411,272 | = | 0.0% |
| Capital | 10 | €280,422 | €280,422 | = | 0.0% |
| Issued capital | 100 | €292,822 | €292,822 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €130,850 | €130,850 | = | 0.0% |
| Share premium | 1100/10 | €130,850 | €130,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €385,657 | €688,616 | +€302,959 | +78.6% |
| Amounts payable | 17/49 | €1,083,869 | €917,074 | -€166,795 | -15.4% |
| Amounts payable within one year | 42/48 | €421,366 | €369,280 | -€52,087 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €5,974 | €1,772 | -€4,202 | -70.3% |
| Credit institutions | 430/8 | €5,974 | €1,772 | -€4,202 | -70.3% |
| Trade debts | 44 | €279,600 | €207,629 | -€71,971 | -25.7% |
| Suppliers | 440/4 | €279,600 | €207,629 | -€71,971 | -25.7% |
| Taxes, remuneration and social security | 45 | €135,792 | €159,879 | +€24,087 | +17.7% |
| Taxes | 450/3 | €76,759 | €33,373 | -€43,385 | -56.5% |
| Remuneration and social security | 454/9 | €59,033 | €126,505 | +€67,472 | +114% |
| Accrued charges and deferred income | 492/3 | €662,502 | €547,794 | -€114,708 | -17.3% |
| Remuneration, social security and pensions | 62 | €527,621 | €696,732 | +€169,110 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,707 | €195,276 | +€32,569 | +20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €71,000 | €750 | -€70,250 | -98.9% |
| Other operating charges | 640/8 | €968 | €940 | -€27 | -2.8% |
| Non-recurring operating charges | 66A | €15,399 | €0 | -€15,399 | -100% |
| Gross operating margin | 9900 | €964,668 | €1,308,049 | +€343,381 | +35.6% |
| Operating profit (loss) | 9901 | €186,973 | €414,351 | +€227,377 | +122% |
| Financial income | 75/76B | €369 | €4,980 | +€4,611 | +1,250% |
| Recurring financial income | 75 | €369 | €4,980 | +€4,611 | +1,250% |
| Financial charges | 65/66B | €6,038 | €4,555 | -€1,483 | -24.6% |
| Recurring financial charges | 65 | €6,038 | €4,555 | -€1,483 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €181,304 | €414,776 | +€233,472 | +129% |
| Income taxes | 67/77 | €52,614 | €111,817 | +€59,203 | +113% |
| Profit (loss) for the period | 9904 | €128,690 | €302,959 | +€174,269 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €128,690 | €302,959 | +€174,269 | +135% |
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 22 October 2026 via checked.be.