Medicinet: what changed
Two fiscal 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.
Medicinet
Largest movements
- Cash -€8,114
down €8,114 (-35.9%), from €22,581 to €14,467
mainly Contributions, distributions and other (-€85,000) and Tax, wage and social debts (-€7,039)
- Receivables within one year -€5,247
no longer reported in 2025 (was €5,247)
- Deferred charges and accrued income +€4,446
up €4,446 (+25.5%), from €17,435 to €21,881
- Tax, wage and social debts -€7,039
down €7,039 (-50.7%), from €13,875 to €6,836
- Other debts -€3,004
down €3,004 (-4.8%), from €62,235 to €59,231
- Gross operating margin +€18,857
up €18,857 (+17.4%), from €108,369 to €127,226
- Staff costs +€6,132
new in 2025: €6,132
- Taxes +€4,104
up €4,104 (+17.9%), from €22,892 to €26,996
- Depreciation +€2,081
up €2,081 (+62.5%), from €3,329 to €5,410
- Other operating charges -€1,926
down €1,926 (-60.5%), from €3,184 to €1,258
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 | €79,116 | €69,728 | -€9,388 | -11.9% |
| Fixed assets | 21/28 | €33,853 | €33,381 | -€473 | -1.4% |
| Tangible fixed assets | 22/27 | €33,853 | €33,381 | -€473 | -1.4% |
| Plant, machinery and equipment | 23 | €2,518 | €1,042 | -€1,476 | -58.6% |
| Furniture and vehicles | 24 | €235 | €63 | -€172 | -73.3% |
| Other tangible fixed assets | 26 | €31,100 | €32,275 | +€1,175 | +3.8% |
| Current assets | 29/58 | €45,263 | €36,347 | -€8,915 | -19.7% |
| Amounts receivable within one year | 40/41 | €5,247 | - | -€5,247 | |
| Other amounts receivable | 41 | €5,247 | - | -€5,247 | |
| Cash at bank and in hand | 54/58 | €22,581 | €14,467 | -€8,114 | -35.9% |
| Deferred charges and accrued income | 490/1 | €17,435 | €21,881 | +€4,446 | +25.5% |
| Total equity and liabilities | 10/49 | €79,116 | €69,728 | -€9,388 | -11.9% |
| Equity | 10/15 | €2,000 | €2,243 | +€243 | +12.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €243 | +€243 | |
| Distributable reserves | 133 | - | €243 | +€243 | |
| Amounts payable | 17/49 | €77,116 | €67,485 | -€9,631 | -12.5% |
| Amounts payable within one year | 42/48 | €77,116 | €67,085 | -€10,031 | -13.0% |
| Trade debts | 44 | €1,007 | €1,018 | +€11 | +1.1% |
| Suppliers | 440/4 | €1,007 | €1,018 | +€11 | +1.1% |
| Taxes, remuneration and social security | 45 | €13,875 | €6,836 | -€7,039 | -50.7% |
| Taxes | 450/3 | €13,875 | €6,836 | -€7,039 | -50.7% |
| Other amounts payable | 47/48 | €62,235 | €59,231 | -€3,004 | -4.8% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | - | €6,132 | +€6,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,329 | €5,410 | +€2,081 | +62.5% |
| Other operating charges | 640/8 | €3,184 | €1,258 | -€1,926 | -60.5% |
| Non-recurring operating charges | 66A | €3,100 | - | -€3,100 | |
| Gross operating margin | 9900 | €108,369 | €127,226 | +€18,857 | +17.4% |
| Operating profit (loss) | 9901 | €98,756 | €114,426 | +€15,670 | +15.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,646 | €2,186 | -€460 | -17.4% |
| Recurring financial charges | 65 | €2,646 | €2,186 | -€460 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €96,109 | €112,239 | +€16,130 | +16.8% |
| Income taxes | 67/77 | €22,892 | €26,996 | +€4,104 | +17.9% |
| Profit (loss) for the period | 9904 | €73,217 | €85,243 | +€12,026 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,217 | €85,243 | +€12,026 | +16.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.