MediCore: 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.
MediCore
Largest movements
- Receivables within one year +€142,160
up €142,160 (+350.6%), from €40,551 to €182,711
of which Other amounts receivable: +€142,160
- Current investments -€35,865
down €35,865 (-100.0%), from €35,865 to €0
- Cash +€4,181
up €4,181 (+9.9%), from €42,178 to €46,359
mainly Net result for the year (+€93,228) and Current investments (+€35,865)
- Reserves +€93,228
up €93,228 (+103.1%), from €90,406 to €183,634
- Tax, wage and social debts +€17,011
up €17,011 (+74.7%), from €22,775 to €39,786
- Gross operating margin +€35,563
up €35,563 (+46.3%), from €76,828 to €112,391
- Taxes +€9,024
up €9,024 (+58.7%), from €15,381 to €24,405
- Financial income +€5,044
up €5,044 (+455.1%), from €1,108 to €6,152
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 | €119,981 | €229,546 | +€109,565 | +91.3% |
| Fixed assets | 21/28 | €968 | €475 | -€493 | -50.9% |
| Tangible fixed assets | 22/27 | €968 | €475 | -€493 | -50.9% |
| Furniture and vehicles | 24 | €968 | €475 | -€493 | -50.9% |
| Current assets | 29/58 | €119,013 | €229,070 | +€110,058 | +92.5% |
| Amounts receivable within one year | 40/41 | €40,551 | €182,711 | +€142,160 | +350.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €40,551 | €182,711 | +€142,160 | +350.6% |
| Current investments | 50/53 | €35,865 | €0 | -€35,865 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,178 | €46,359 | +€4,181 | +9.9% |
| Deferred charges and accrued income | 490/1 | €419 | €0 | -€419 | -100.0% |
| Total equity and liabilities | 10/49 | €119,981 | €229,546 | +€109,565 | +91.3% |
| Equity | 10/15 | €95,406 | €188,634 | +€93,228 | +97.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €90,406 | €183,634 | +€93,228 | +103.1% |
| Distributable reserves | 133 | €90,406 | €183,634 | +€93,228 | +103.1% |
| Amounts payable | 17/49 | €24,575 | €40,912 | +€16,337 | +66.5% |
| Amounts payable within one year | 42/48 | €24,575 | €40,912 | +€16,337 | +66.5% |
| Financial debts | 43 | €1,244 | €997 | -€246 | -19.8% |
| Other loans | 439 | €1,244 | €997 | -€246 | -19.8% |
| Trade debts | 44 | €557 | €129 | -€428 | -76.9% |
| Suppliers | 440/4 | €557 | €129 | -€428 | -76.9% |
| Taxes, remuneration and social security | 45 | €22,775 | €39,786 | +€17,011 | +74.7% |
| Taxes | 450/3 | €22,775 | €39,786 | +€17,011 | +74.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €493 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €164 | +€46 | +39.0% |
| Gross operating margin | 9900 | €76,828 | €112,391 | +€35,563 | +46.3% |
| Operating profit (loss) | 9901 | €76,217 | €111,734 | +€35,517 | +46.6% |
| Financial income | 75/76B | €1,108 | €6,152 | +€5,044 | +455.1% |
| Recurring financial income | 75 | €1,108 | €6,152 | +€5,044 | +455.1% |
| Financial charges | 65/66B | €492 | €253 | -€239 | -48.6% |
| Recurring financial charges | 65 | €492 | €253 | -€239 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €76,833 | €117,633 | +€40,800 | +53.1% |
| Income taxes | 67/77 | €15,381 | €24,405 | +€9,024 | +58.7% |
| Profit (loss) for the period | 9904 | €61,453 | €93,228 | +€31,775 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,453 | €93,228 | +€31,775 | +51.7% |
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 2 October 2026 via checked.be.