MEDICHER: 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.
MEDICHER
Largest movements
- Current investments +€850,000
up €850,000 (+169%), from €501,500 to €1.4m
- Cash -€720,316
down €720,316 (-55.5%), from €1.3m to €577,022
mainly Current investments (-€850,000) and Contributions, distributions and other (-€67,500)
- Profit (loss) carried forward +€151,237
up €151,237 (+9.8%), from €1.5m to €1.7m
- Other debts -€25,220
down €25,220 (-98.0%), from €25,728 to €508
- Taxes -€38,073
down €38,073 (-30.9%), from €123,060 to €84,988
- Gross operating margin -€22,229
down €22,229 (-6.4%), from €350,002 to €327,774
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 | €1,871,032 | €2,015,064 | +€144,032 | +7.7% |
| Fixed assets | 21/28 | €72,194 | €77,633 | +€5,439 | +7.5% |
| Tangible fixed assets | 22/27 | €71,194 | €76,633 | +€5,439 | +7.6% |
| Plant, machinery and equipment | 23 | €914 | €457 | -€457 | -50.0% |
| Furniture and vehicles | 24 | €51,452 | €58,281 | +€6,829 | +13.3% |
| Other tangible fixed assets | 26 | €18,828 | €17,895 | -€933 | -5.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,798,838 | €1,937,431 | +€138,593 | +7.7% |
| Amounts receivable within one year | 40/41 | - | €8,909 | +€8,909 | |
| Other amounts receivable | 41 | - | €8,909 | +€8,909 | |
| Current investments | 50/53 | €501,500 | €1,351,500 | +€850,000 | +169% |
| Cash at bank and in hand | 54/58 | €1,297,338 | €577,022 | -€720,316 | -55.5% |
| Total equity and liabilities | 10/49 | €1,871,032 | €2,015,064 | +€144,032 | +7.7% |
| Equity | 10/15 | €1,567,493 | €1,718,730 | +€151,237 | +9.6% |
| Contributions | 10/11 | €18,889 | €18,889 | = | 0.0% |
| Capital | 10 | €18,889 | €18,889 | = | 0.0% |
| Issued capital | 100 | €18,889 | €18,889 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,546,743 | €1,697,981 | +€151,237 | +9.8% |
| Amounts payable | 17/49 | €303,539 | €296,334 | -€7,205 | -2.4% |
| Amounts payable within one year | 42/48 | €303,539 | €296,334 | -€7,205 | -2.4% |
| Taxes, remuneration and social security | 45 | €277,811 | €295,826 | +€18,015 | +6.5% |
| Taxes | 450/3 | €43,091 | €60,693 | +€17,602 | +40.8% |
| Remuneration and social security | 454/9 | €234,720 | €235,133 | +€413 | +0.2% |
| Other amounts payable | 47/48 | €25,728 | €508 | -€25,220 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,323 | €22,557 | -€1,766 | -7.3% |
| Other operating charges | 640/8 | €199 | €209 | +€10 | +5.0% |
| Gross operating margin | 9900 | €350,002 | €327,774 | -€22,229 | -6.4% |
| Operating profit (loss) | 9901 | €325,480 | €305,007 | -€20,473 | -6.3% |
| Financial charges | 65/66B | €1,291 | €1,282 | -€9 | -0.7% |
| Recurring financial charges | 65 | €1,291 | €1,282 | -€9 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €324,188 | €303,725 | -€20,464 | -6.3% |
| Income taxes | 67/77 | €123,060 | €84,988 | -€38,073 | -30.9% |
| Profit (loss) for the period | 9904 | €201,128 | €218,737 | +€17,609 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €201,128 | €218,737 | +€17,609 | +8.8% |
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 15 October 2026 via checked.be.