MEDICOM: 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.
MEDICOM
Largest movements
- Tangible fixed assets -€56,522
down €56,522 (-5.0%), from €1.1m to €1.1m
of which Land and buildings: -€41,927
- Cash +€17,904
up €17,904 (+166.5%), from €10,751 to €28,655
mainly Depreciation (+€67,029) and Debts after one year (+€51,055)
- Other debts -€108,413
down €108,413 (-33.9%), from €319,861 to €211,449
- Debts after one year +€51,055
up €51,055 (+12.1%), from €423,232 to €474,288
- Current portion of long-term debt +€16,786
up €16,786 (+30.4%), from €55,197 to €71,983
- Gross operating margin +€22,440
up €22,440 (+38.0%), from €59,098 to €81,538
- Depreciation +€3,126
up €3,126 (+4.9%), from €63,903 to €67,029
- Financial charges +€2,399
up €2,399 (+24.5%), from €9,785 to €12,184
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,177,547 | €1,127,271 | -€50,276 | -4.3% |
| Fixed assets | 21/28 | €1,137,654 | €1,081,132 | -€56,522 | -5.0% |
| Tangible fixed assets | 22/27 | €1,137,654 | €1,081,132 | -€56,522 | -5.0% |
| Land and buildings | 22 | €1,087,366 | €1,045,439 | -€41,927 | -3.9% |
| Plant, machinery and equipment | 23 | €4,521 | €1,759 | -€2,762 | -61.1% |
| Furniture and vehicles | 24 | €45,767 | €33,935 | -€11,833 | -25.9% |
| Current assets | 29/58 | €39,893 | €46,139 | +€6,246 | +15.7% |
| Amounts receivable within one year | 40/41 | €25,555 | €14,366 | -€11,189 | -43.8% |
| Trade receivables | 40 | €18,245 | €5,818 | -€12,427 | -68.1% |
| Other amounts receivable | 41 | €7,310 | €8,548 | +€1,239 | +16.9% |
| Cash at bank and in hand | 54/58 | €10,751 | €28,655 | +€17,904 | +166.5% |
| Deferred charges and accrued income | 490/1 | €3,587 | €3,118 | -€468 | -13.1% |
| Total equity and liabilities | 10/49 | €1,177,547 | €1,127,271 | -€50,276 | -4.3% |
| Equity | 10/15 | €376,521 | €367,993 | -€8,529 | -2.3% |
| Contributions | 10/11 | €436,414 | €436,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,892 | -€68,421 | -€8,529 | -14.2% |
| Amounts payable | 17/49 | €801,026 | €759,279 | -€41,747 | -5.2% |
| Amounts payable after more than one year | 17 | €423,232 | €474,288 | +€51,055 | +12.1% |
| Financial debts | 170/4 | €423,232 | €474,288 | +€51,055 | +12.1% |
| Amounts payable within one year | 42/48 | €377,793 | €284,335 | -€93,459 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €55,197 | €71,983 | +€16,786 | +30.4% |
| Trade debts | 44 | - | €144 | +€144 | |
| Suppliers | 440/4 | - | €144 | +€144 | |
| Taxes, remuneration and social security | 45 | €2,736 | €759 | -€1,976 | -72.2% |
| Taxes | 450/3 | €2,736 | €759 | -€1,976 | -72.2% |
| Other amounts payable | 47/48 | €319,861 | €211,449 | -€108,413 | -33.9% |
| Accrued charges and deferred income | 492/3 | - | €656 | +€656 | |
| Remuneration, social security and pensions | 62 | - | -€174 | -€174 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,903 | €67,029 | +€3,126 | +4.9% |
| Other operating charges | 640/8 | €9,825 | €10,515 | +€690 | +7.0% |
| Gross operating margin | 9900 | €59,098 | €81,538 | +€22,440 | +38.0% |
| Operating profit (loss) | 9901 | -€14,630 | €4,169 | +€18,798 | |
| Financial income | 75/76B | €86 | €111 | +€25 | +29.6% |
| Recurring financial income | 75 | €86 | €111 | +€25 | +29.6% |
| Financial charges | 65/66B | €9,785 | €12,184 | +€2,399 | +24.5% |
| Recurring financial charges | 65 | €9,785 | €12,184 | +€2,399 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,329 | -€7,904 | +€16,425 | +67.5% |
| Income taxes | 67/77 | -€17 | €624 | +€641 | |
| Profit (loss) for the period | 9904 | -€24,312 | -€8,529 | +€15,783 | +64.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,312 | -€8,529 | +€15,783 | +64.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.