MEDICO FRANS: 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.
MEDICO FRANS
Largest movements
- Current investments +€56,225
up €56,225 (+20.3%), from €277,250 to €333,475
- Cash -€20,526
down €20,526 (-16.9%), from €121,729 to €101,203
mainly Current investments (-€56,225) and Contributions, distributions and other (-€25,128)
- Tangible fixed assets +€17,881
up €17,881 (+751%), from €2,381 to €20,261
of which Furniture and vehicles: +€10,622
- Reserves +€46,494
up €46,494 (+13.9%), from €335,234 to €381,727
of which Distributable reserves: +€46,494
- Financial income +€6,123
up €6,123 (+426%), from €1,437 to €7,560
- Taxes +€2,020
up €2,020 (+7.7%), from €26,290 to €28,311
- Gross operating margin +€1,058
up €1,058 (+1.1%), from €98,319 to €99,377
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 | €403,705 | €454,940 | +€51,234 | +12.7% |
| Fixed assets | 21/28 | €2,381 | €20,261 | +€17,881 | +751% |
| Tangible fixed assets | 22/27 | €2,381 | €20,261 | +€17,881 | +751% |
| Plant, machinery and equipment | 23 | €1,871 | €9,129 | +€7,258 | +388% |
| Furniture and vehicles | 24 | €510 | €11,132 | +€10,622 | +2,083% |
| Current assets | 29/58 | €401,325 | €434,678 | +€33,354 | +8.3% |
| Amounts receivable within one year | 40/41 | €2,346 | €0 | -€2,346 | -100% |
| Trade receivables | 40 | €2,346 | €0 | -€2,346 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €277,250 | €333,475 | +€56,225 | +20.3% |
| Cash at bank and in hand | 54/58 | €121,729 | €101,203 | -€20,526 | -16.9% |
| Total equity and liabilities | 10/49 | €403,705 | €454,940 | +€51,234 | +12.7% |
| Equity | 10/15 | €353,834 | €400,327 | +€46,494 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €335,234 | €381,727 | +€46,494 | +13.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €335,234 | €381,727 | +€46,494 | +13.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,872 | €54,612 | +€4,741 | +9.5% |
| Amounts payable after more than one year | 17 | €47,962 | €50,784 | +€2,822 | +5.9% |
| Other amounts payable | 178/9 | €47,962 | €50,784 | +€2,822 | +5.9% |
| Amounts payable within one year | 42/48 | €1,910 | €3,829 | +€1,919 | +100% |
| Trade debts | 44 | - | €150 | +€150 | |
| Suppliers | 440/4 | - | €150 | +€150 | |
| Taxes, remuneration and social security | 45 | €1,910 | €3,679 | +€1,769 | +92.6% |
| Taxes | 450/3 | €1,910 | €3,679 | +€1,769 | +92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,789 | €2,133 | +€344 | +19.2% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €98,319 | €99,377 | +€1,058 | +1.1% |
| Operating profit (loss) | 9901 | €95,632 | €96,316 | +€684 | +0.7% |
| Financial income | 75/76B | €1,437 | €7,560 | +€6,123 | +426% |
| Recurring financial income | 75 | €1,437 | €7,560 | +€6,123 | +426% |
| Financial charges | 65/66B | €4,163 | €3,944 | -€219 | -5.3% |
| Recurring financial charges | 65 | €4,163 | €3,944 | -€219 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €92,907 | €99,933 | +€7,026 | +7.6% |
| Income taxes | 67/77 | €26,290 | €28,311 | +€2,020 | +7.7% |
| Profit (loss) for the period | 9904 | €66,617 | €71,622 | +€5,005 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,617 | €71,622 | +€5,005 | +7.5% |
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 30 October 2026 via checked.be.