MEDICOLLIN: 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.
MEDICOLLIN
Largest movements
- Tangible fixed assets -€41,147
down €41,147 (-10.6%), from €388,536 to €347,389
of which Land and buildings: -€32,159
- Receivables within one year -€32,948
down €32,948 (-61.6%), from €53,530 to €20,582
of which Trade receivables: -€34,399
- Current investments +€20,900
up €20,900 (+63.2%), from €33,075 to €53,975
- Cash +€11,215
up €11,215 (+6.8%), from €165,944 to €177,159
mainly Net result for the year (+€184,569) and Depreciation (+€63,304)
- Debts after one year -€70,878
down €70,878 (-33.2%), from €213,209 to €142,331
- Reserves +€49,569
up €49,569 (+29.6%), from €167,583 to €217,152
of which Distributable reserves: +€49,569
- Advances received -€27,120
down €27,120 (-63.0%), from €43,034 to €15,914
- Trade debts -€23,356
down €23,356 (-42.3%), from €55,215 to €31,859
- Current portion of long-term debt +€13,683
up €13,683 (+14.1%), from €97,212 to €110,896
- Gross operating margin +€91,444
up €91,444 (+32.8%), from €278,546 to €369,990
- Taxes +€32,313
up €32,313 (+84.3%), from €38,334 to €70,647
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 | €652,986 | €607,189 | -€45,797 | -7.0% |
| Fixed assets | 21/28 | €397,121 | €353,016 | -€44,104 | -11.1% |
| Intangible fixed assets | 21 | €8,506 | €5,549 | -€2,957 | -34.8% |
| Tangible fixed assets | 22/27 | €388,536 | €347,389 | -€41,147 | -10.6% |
| Land and buildings | 22 | €298,828 | €266,670 | -€32,159 | -10.8% |
| Plant, machinery and equipment | 23 | €5,459 | €4,583 | -€875 | -16.0% |
| Furniture and vehicles | 24 | €70,746 | €64,086 | -€6,661 | -9.4% |
| Other tangible fixed assets | 26 | €13,503 | €12,050 | -€1,452 | -10.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €79 | €79 | = | 0.0% |
| Current assets | 29/58 | €255,865 | €254,173 | -€1,693 | -0.7% |
| Amounts receivable within one year | 40/41 | €53,530 | €20,582 | -€32,948 | -61.6% |
| Trade receivables | 40 | €51,743 | €17,345 | -€34,399 | -66.5% |
| Other amounts receivable | 41 | €1,787 | €3,238 | +€1,451 | +81.2% |
| Current investments | 50/53 | €33,075 | €53,975 | +€20,900 | +63.2% |
| Cash at bank and in hand | 54/58 | €165,944 | €177,159 | +€11,215 | +6.8% |
| Deferred charges and accrued income | 490/1 | €3,316 | €2,457 | -€860 | -25.9% |
| Total equity and liabilities | 10/49 | €652,986 | €607,189 | -€45,797 | -7.0% |
| Equity | 10/15 | €175,643 | €225,212 | +€49,569 | +28.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €167,583 | €217,152 | +€49,569 | +29.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €167,583 | €217,152 | +€49,569 | +29.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €477,343 | €381,977 | -€95,366 | -20.0% |
| Amounts payable after more than one year | 17 | €213,209 | €142,331 | -€70,878 | -33.2% |
| Financial debts | 170/4 | €213,209 | €142,331 | -€70,878 | -33.2% |
| Amounts payable within one year | 42/48 | €263,975 | €239,603 | -€24,372 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €97,212 | €110,896 | +€13,683 | +14.1% |
| Trade debts | 44 | €55,215 | €31,859 | -€23,356 | -42.3% |
| Suppliers | 440/4 | €55,215 | €31,859 | -€23,356 | -42.3% |
| Advances received on contracts in progress | 46 | €43,034 | €15,914 | -€27,120 | -63.0% |
| Taxes, remuneration and social security | 45 | €54,972 | €67,598 | +€12,626 | +23.0% |
| Taxes | 450/3 | €49,968 | €63,061 | +€13,094 | +26.2% |
| Remuneration and social security | 454/9 | €5,005 | €4,537 | -€468 | -9.3% |
| Other amounts payable | 47/48 | €13,541 | €13,336 | -€205 | -1.5% |
| Accrued charges and deferred income | 492/3 | €160 | €43 | -€116 | -72.8% |
| Non-recurring operating income | 76A | €148 | €0 | -€148 | -100% |
| Remuneration, social security and pensions | 62 | €35,930 | €38,541 | +€2,611 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,744 | €63,304 | -€440 | -0.7% |
| Other operating charges | 640/8 | €6,091 | €3,499 | -€2,592 | -42.6% |
| Gross operating margin | 9900 | €278,546 | €369,990 | +€91,444 | +32.8% |
| Operating profit (loss) | 9901 | €172,782 | €264,646 | +€91,865 | +53.2% |
| Financial income | 75/76B | €421 | €813 | +€391 | +92.9% |
| Recurring financial income | 75 | €421 | €813 | +€391 | +92.9% |
| Financial charges | 65/66B | €12,970 | €10,243 | -€2,727 | -21.0% |
| Recurring financial charges | 65 | €12,970 | €10,243 | -€2,727 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €160,233 | €255,216 | +€94,983 | +59.3% |
| Income taxes | 67/77 | €38,334 | €70,647 | +€32,313 | +84.3% |
| Profit (loss) for the period | 9904 | €121,899 | €184,569 | +€62,670 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,899 | €184,569 | +€62,670 | +51.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.