MEDICOR: 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.
MEDICOR
Largest movements
- Cash +€73,878
up €73,878 (+236.7%), from €31,213 to €105,091
mainly Net result for the year (+€60,080) and Depreciation (+€46,221)
- Tangible fixed assets -€43,639
down €43,639 (-12.2%), from €356,842 to €313,203
of which Land and buildings: -€42,374
- Profit (loss) carried forward +€60,080
up €60,080 (+44.3%), from -€135,751 to -€75,671
- Debts after one year -€24,966
down €24,966 (-8.9%), from €279,176 to €254,210
- Current portion of long-term debt -€9,969
down €9,969 (-28.6%), from €34,852 to €24,883
- Other debts +€6,555
up €6,555 (+3.8%), from €173,434 to €179,989
- Gross operating margin +€73,029
up €73,029 (+112.1%), from €65,142 to €138,171
- Turnover +€51,171
up €51,171 (+25.4%), from €201,328 to €252,498
- Purchases and services -€21,758
down €21,758 (-15.0%), from €145,197 to €123,439
- Depreciation +€8,641
up €8,641 (+23.0%), from €37,580 to €46,221
- Staff costs -€7,876
down €7,876 (-62.7%), from €12,559 to €4,683
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 | €402,543 | €433,825 | +€31,282 | +7.8% |
| Fixed assets | 21/28 | €356,842 | €313,203 | -€43,639 | -12.2% |
| Tangible fixed assets | 22/27 | €356,842 | €313,203 | -€43,639 | -12.2% |
| Land and buildings | 22 | €346,022 | €303,648 | -€42,374 | -12.2% |
| Plant, machinery and equipment | 23 | €3,754 | €5,146 | +€1,392 | +37.1% |
| Furniture and vehicles | 24 | €7,067 | €4,409 | -€2,657 | -37.6% |
| Current assets | 29/58 | €45,701 | €120,622 | +€74,921 | +163.9% |
| Amounts receivable within one year | 40/41 | €13,301 | €14,729 | +€1,428 | +10.7% |
| Trade receivables | 40 | €13,301 | €14,729 | +€1,428 | +10.7% |
| Cash at bank and in hand | 54/58 | €31,213 | €105,091 | +€73,878 | +236.7% |
| Deferred charges and accrued income | 490/1 | €1,187 | €802 | -€384 | -32.4% |
| Total equity and liabilities | 10/49 | €402,543 | €433,825 | +€31,282 | +7.8% |
| Equity | 10/15 | -€127,695 | -€67,614 | +€60,080 | +47.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,751 | -€75,671 | +€60,080 | +44.3% |
| Amounts payable | 17/49 | €530,237 | €501,439 | -€28,798 | -5.4% |
| Amounts payable after more than one year | 17 | €279,176 | €254,210 | -€24,966 | -8.9% |
| Financial debts | 170/4 | €279,176 | €254,210 | -€24,966 | -8.9% |
| Amounts payable within one year | 42/48 | €251,061 | €247,229 | -€3,832 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €34,852 | €24,883 | -€9,969 | -28.6% |
| Trade debts | 44 | €6,703 | €6,506 | -€196 | -2.9% |
| Suppliers | 440/4 | €6,703 | €6,506 | -€196 | -2.9% |
| Taxes, remuneration and social security | 45 | €36,072 | €35,851 | -€221 | -0.6% |
| Taxes | 450/3 | €35,989 | €35,768 | -€221 | -0.6% |
| Remuneration and social security | 454/9 | €83 | €83 | = | 0.0% |
| Other amounts payable | 47/48 | €173,434 | €179,989 | +€6,555 | +3.8% |
| Turnover | 70 | €201,328 | €252,498 | +€51,171 | +25.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €145,197 | €123,439 | -€21,758 | -15.0% |
| Remuneration, social security and pensions | 62 | €12,559 | €4,683 | -€7,876 | -62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,580 | €46,221 | +€8,641 | +23.0% |
| Other operating charges | 640/8 | €5,303 | €6,866 | +€1,563 | +29.5% |
| Gross operating margin | 9900 | €65,142 | €138,171 | +€73,029 | +112.1% |
| Operating profit (loss) | 9901 | €9,701 | €80,402 | +€70,701 | +728.8% |
| Financial income | 75/76B | - | €501 | +€501 | |
| Recurring financial income | 75 | - | €501 | +€501 | |
| Financial charges | 65/66B | €21,904 | €20,673 | -€1,231 | -5.6% |
| Recurring financial charges | 65 | €21,904 | €20,673 | -€1,231 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,204 | €60,230 | +€72,434 | |
| Income taxes | 67/77 | -€2,875 | €150 | +€3,025 | |
| Profit (loss) for the period | 9904 | -€9,329 | €60,080 | +€69,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,329 | €60,080 | +€69,409 |
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 3 October 2026 via checked.be.