MEDICO-PSY-EXPERTISES: 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-PSY-EXPERTISES
Largest movements
- Receivables within one year -€13,432
down €13,432 (-17.8%), from €75,280 to €61,848
of which Trade receivables: -€19,152
- Tangible fixed assets +€12,541
up €12,541 (+2.8%), from €445,130 to €457,671
of which Plant, machinery and equipment: +€10,806
- Cash -€9,663
down €9,663 (-5.4%), from €180,367 to €170,704
mainly Contributions, distributions and other (-€193,552) and Investment in fixed assets (net) (-€38,408)
- Debts after one year -€26,814
down €26,814 (-10.2%), from €263,617 to €236,804
- Tax, wage and social debts +€13,811
up €13,811 (+21.8%), from €63,249 to €77,060
- Gross operating margin +€128,752
up €128,752 (+71.7%), from €179,554 to €308,306
- Taxes +€41,110
up €41,110 (+124%), from €33,082 to €74,192
- Depreciation +€16,232
up €16,232 (+153%), from €10,643 to €26,875
- Financial charges +€5,514
up €5,514 (+88.8%), from €6,210 to €11,724
- Other operating charges -€4,595
down €4,595 (-63.0%), from €7,290 to €2,695
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €707,893 | €697,036 | -€10,857 | -1.5% |
| Fixed assets | 21/28 | €446,362 | €457,895 | +€11,533 | +2.6% |
| Intangible fixed assets | 21 | €1,232 | €224 | -€1,008 | -81.8% |
| Tangible fixed assets | 22/27 | €445,130 | €457,671 | +€12,541 | +2.8% |
| Land and buildings | 22 | €356,472 | €351,872 | -€4,600 | -1.3% |
| Plant, machinery and equipment | 23 | €62,510 | €73,316 | +€10,806 | +17.3% |
| Furniture and vehicles | 24 | €26,148 | €32,483 | +€6,335 | +24.2% |
| Current assets | 29/58 | €261,531 | €239,141 | -€22,390 | -8.6% |
| Amounts receivable within one year | 40/41 | €75,280 | €61,848 | -€13,432 | -17.8% |
| Trade receivables | 40 | €54,613 | €35,461 | -€19,152 | -35.1% |
| Other amounts receivable | 41 | €20,667 | €26,387 | +€5,720 | +27.7% |
| Cash at bank and in hand | 54/58 | €180,367 | €170,704 | -€9,663 | -5.4% |
| Deferred charges and accrued income | 490/1 | €5,885 | €6,589 | +€705 | +12.0% |
| Total equity and liabilities | 10/49 | €707,893 | €697,036 | -€10,857 | -1.5% |
| Equity | 10/15 | €29,931 | €29,931 | = | 0.0% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | €29,381 | €29,381 | = | 0.0% |
| Non-distributable reserves | 130/1 | €55 | €55 | = | 0.0% |
| Reserves not available under the articles | 1311 | €55 | €55 | = | 0.0% |
| Distributable reserves | 133 | €29,326 | €29,326 | = | 0.0% |
| Amounts payable | 17/49 | €677,962 | €667,105 | -€10,857 | -1.6% |
| Amounts payable after more than one year | 17 | €263,617 | €236,804 | -€26,814 | -10.2% |
| Financial debts | 170/4 | €263,617 | €236,804 | -€26,814 | -10.2% |
| Amounts payable within one year | 42/48 | €414,215 | €430,301 | +€16,086 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €25,887 | €26,799 | +€912 | +3.5% |
| Financial debts | 43 | - | €1,924 | +€1,924 | |
| Credit institutions | 430/8 | - | €1,924 | +€1,924 | |
| Trade debts | 44 | €6,732 | €699 | -€6,033 | -89.6% |
| Suppliers | 440/4 | €6,732 | €699 | -€6,033 | -89.6% |
| Taxes, remuneration and social security | 45 | €63,249 | €77,060 | +€13,811 | +21.8% |
| Taxes | 450/3 | €63,249 | €77,060 | +€13,811 | +21.8% |
| Other amounts payable | 47/48 | €318,347 | €323,819 | +€5,472 | +1.7% |
| Accrued charges and deferred income | 492/3 | €129 | - | -€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,643 | €26,875 | +€16,232 | +153% |
| Other operating charges | 640/8 | €7,290 | €2,695 | -€4,595 | -63.0% |
| Gross operating margin | 9900 | €179,554 | €308,306 | +€128,752 | +71.7% |
| Operating profit (loss) | 9901 | €161,621 | €278,736 | +€117,115 | +72.5% |
| Financial income | 75/76B | €506 | €732 | +€226 | +44.7% |
| Recurring financial income | 75 | €506 | €732 | +€226 | +44.7% |
| Financial charges | 65/66B | €6,210 | €11,724 | +€5,514 | +88.8% |
| Recurring financial charges | 65 | €6,210 | €11,724 | +€5,514 | +88.8% |
| Profit (loss) for the period before taxes | 9903 | €155,916 | €267,744 | +€111,827 | +71.7% |
| Income taxes | 67/77 | €33,082 | €74,192 | +€41,110 | +124% |
| Profit (loss) for the period | 9904 | €122,834 | €193,552 | +€70,718 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,834 | €193,552 | +€70,718 | +57.6% |
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 28 October 2026 via checked.be.