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Medico Electrodes: 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.

What changed

Medico Electrodes

BE 0745.452.225
NACE 46.460, Wholesale of pharmaceutical and medical goods
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€221
2024 · €477-€256
Equity
€3,491
2024 · €3,270+€221
Cash
€6,586
2024 · €4,203+€2,383
Balance sheet total
€6,586
2024 · €7,003-€417

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€2,800

    no longer reported in 2025 (was €2,800)

  • Cash +€2,383

    up €2,383 (+56.7%), from €4,203 to €6,586

    mainly Receivables within one year (+€2,800) and Net result for the year (+€221)

Equity and liabilities
  • Trade debts -€547

    down €547 (-15.4%), from €3,559 to €3,012

  • Reserves +€221

    up €221 (+17.4%), from €1,270 to €1,491

  • Tax, wage and social debts -€91

    down €91 (-52.3%), from €174 to €83

Income statement
  • Gross operating margin -€360

    down €360 (-31.1%), from €1,159 to €799

  • Taxes -€91

    down €91 (-52.3%), from €174 to €83

  • Other operating charges -€13

    down €13 (-3.3%), from €400 to €387

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €477
Gross operating margin -€360
Other operating charges +€13
Taxes +€91
Result 2025 €221
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€2,383
Investment €0
Financing €0
Cash 2024 €4,203
Net result for the year +€221
Receivables within one year +€2,800
Trade debts -€547
Tax, wage and social debts -€91
Cash 2025 €6,586
brings cash intakes cash out
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €7,003 €6,586 -€417 -6.0%
Current assets 29/58 €7,003 €6,586 -€417 -6.0%
Amounts receivable within one year 40/41 €2,800 - -€2,800
Trade receivables 40 €2,800 - -€2,800
Cash at bank and in hand 54/58 €4,203 €6,586 +€2,383 +56.7%
Total equity and liabilities 10/49 €7,003 €6,586 -€417 -6.0%
Equity 10/15 €3,270 €3,491 +€221 +6.8%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €1,270 €1,491 +€221 +17.4%
Distributable reserves 133 €1,270 €1,491 +€221 +17.4%
Amounts payable 17/49 €3,733 €3,095 -€638 -17.1%
Amounts payable within one year 42/48 €3,733 €3,095 -€638 -17.1%
Trade debts 44 €3,559 €3,012 -€547 -15.4%
Suppliers 440/4 €3,559 €3,012 -€547 -15.4%
Taxes, remuneration and social security 45 €174 €83 -€91 -52.3%
Taxes 450/3 €174 €83 -€91 -52.3%
Other operating charges 640/8 €400 €387 -€13 -3.3%
Gross operating margin 9900 €1,159 €799 -€360 -31.1%
Operating profit (loss) 9901 €759 €412 -€347 -45.7%
Financial charges 65/66B €108 €108 = 0.0%
Recurring financial charges 65 €108 €108 = 0.0%
Profit (loss) for the period before taxes 9903 €651 €304 -€347 -53.3%
Income taxes 67/77 €174 €83 -€91 -52.3%
Profit (loss) for the period 9904 €477 €221 -€256 -53.7%
Profit (loss) for the period to be appropriated 9905 €477 €221 -€256 -53.7%

Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.