MEDICOL: 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.
MEDICOL
Largest movements
- Cash +€64,506
up €64,506 (+178.9%), from €36,060 to €100,566
mainly Net result for the year (+€77,374) and Other debts (+€65,463)
- Tangible fixed assets -€12,260
down €12,260 (-12.7%), from €96,346 to €84,086
of which Land and buildings: -€6,559
- Other debts +€65,463
up €65,463 (+545.5%), from €12,000 to €77,463
- Tax, wage and social debts -€7,656
down €7,656 (-49.4%), from €15,486 to €7,830
- Debts after one year -€5,286
down €5,286 (-38.4%), from €13,763 to €8,477
- Gross operating margin +€11,035
up €11,035 (+10.7%), from €103,319 to €114,354
- Taxes -€2,839
down €2,839 (-12.0%), from €23,656 to €20,817
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 | €140,344 | €192,646 | +€52,303 | +37.3% |
| Fixed assets | 21/28 | €96,346 | €84,086 | -€12,260 | -12.7% |
| Tangible fixed assets | 22/27 | €96,346 | €84,086 | -€12,260 | -12.7% |
| Land and buildings | 22 | €73,080 | €66,521 | -€6,559 | -9.0% |
| Plant, machinery and equipment | 23 | €458 | €214 | -€244 | -53.2% |
| Furniture and vehicles | 24 | €22,808 | €17,351 | -€5,457 | -23.9% |
| Current assets | 29/58 | €43,998 | €108,560 | +€64,562 | +146.7% |
| Amounts receivable within one year | 40/41 | €5,811 | €6,183 | +€372 | +6.4% |
| Other amounts receivable | 41 | €5,811 | €6,183 | +€372 | +6.4% |
| Cash at bank and in hand | 54/58 | €36,060 | €100,566 | +€64,506 | +178.9% |
| Deferred charges and accrued income | 490/1 | €2,127 | €1,812 | -€316 | -14.8% |
| Total equity and liabilities | 10/49 | €140,344 | €192,646 | +€52,303 | +37.3% |
| Equity | 10/15 | €93,473 | €93,473 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €91,473 | €91,473 | = | 0.0% |
| Distributable reserves | 133 | €91,473 | €91,473 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €46,871 | €99,173 | +€52,303 | +111.6% |
| Amounts payable after more than one year | 17 | €13,763 | €8,477 | -€5,286 | -38.4% |
| Financial debts | 170/4 | €13,763 | €8,477 | -€5,286 | -38.4% |
| Amounts payable within one year | 42/48 | €33,108 | €90,696 | +€57,588 | +173.9% |
| Current portion of amounts payable after more than one year | 42 | €5,010 | €5,286 | +€275 | +5.5% |
| Trade debts | 44 | €611 | €118 | -€493 | -80.7% |
| Suppliers | 440/4 | €611 | €118 | -€493 | -80.7% |
| Taxes, remuneration and social security | 45 | €15,486 | €7,830 | -€7,656 | -49.4% |
| Taxes | 450/3 | €15,486 | €7,830 | -€7,656 | -49.4% |
| Other amounts payable | 47/48 | €12,000 | €77,463 | +€65,463 | +545.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,459 | €14,210 | +€750 | +5.6% |
| Other operating charges | 640/8 | €1,074 | €1,013 | -€61 | -5.6% |
| Gross operating margin | 9900 | €103,319 | €114,354 | +€11,035 | +10.7% |
| Operating profit (loss) | 9901 | €88,786 | €99,131 | +€10,345 | +11.7% |
| Financial income | 75/76B | €172 | €37 | -€136 | -78.7% |
| Recurring financial income | 75 | €172 | €37 | -€136 | -78.7% |
| Financial charges | 65/66B | €1,263 | €977 | -€286 | -22.7% |
| Recurring financial charges | 65 | €1,263 | €977 | -€286 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €87,696 | €98,191 | +€10,495 | +12.0% |
| Income taxes | 67/77 | €23,656 | €20,817 | -€2,839 | -12.0% |
| Profit (loss) for the period | 9904 | €64,040 | €77,374 | +€13,334 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,040 | €77,374 | +€13,334 | +20.8% |
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 7 October 2026 via checked.be.