MEDICOS: 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.
MEDICOS
Largest movements
- Receivables within one year +€28,803
up €28,803 (+461.2%), from €6,244 to €35,047
- Current investments +€22,016
up €22,016 (+42.7%), from €51,571 to €73,588
- Tangible fixed assets +€19,524
up €19,524 (+168.2%), from €11,608 to €31,132
of which Other tangible fixed assets: +€15,573
- Cash +€3,802
up €3,802 (+154.8%), from €2,457 to €6,259
mainly Net result for the year (+€50,848) and Tax, wage and social debts (+€12,912)
- Deferred charges and accrued income +€3,519
up €3,519 (+26.5%), from €13,287 to €16,806
- Reserves +€50,848
up €50,848 (+77.4%), from €65,713 to €116,561
- Tax, wage and social debts +€12,912
up €12,912 (+118.9%), from €10,863 to €23,775
of which Taxes: +€12,786
- Accrued charges and deferred income +€6,838
up €6,838 (+7890.2%), from €87 to €6,924
- Debts after one year +€5,000
new in 2025: €5,000
- Trade debts +€4,546
up €4,546 (+443.5%), from €1,025 to €5,571
- Depreciation +€2,096
up €2,096 (+103.1%), from €2,033 to €4,130
- Gross operating margin -€1,819
down €1,819 (-2.6%), from €70,632 to €68,813
- Staff costs +€1,074
new in 2025: €1,074
- Taxes -€1,064
down €1,064 (-7.6%), from €13,930 to €12,866
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 | €85,168 | €162,831 | +€77,664 | +91.2% |
| Fixed assets | 21/28 | €11,608 | €31,132 | +€19,524 | +168.2% |
| Tangible fixed assets | 22/27 | €11,608 | €31,132 | +€19,524 | +168.2% |
| Plant, machinery and equipment | 23 | €4,897 | €8,192 | +€3,295 | +67.3% |
| Furniture and vehicles | 24 | €6,711 | €7,367 | +€656 | +9.8% |
| Other tangible fixed assets | 26 | - | €15,573 | +€15,573 | |
| Current assets | 29/58 | €73,560 | €131,700 | +€58,140 | +79.0% |
| Amounts receivable within one year | 40/41 | €6,244 | €35,047 | +€28,803 | +461.2% |
| Other amounts receivable | 41 | €6,244 | €35,047 | +€28,803 | +461.2% |
| Current investments | 50/53 | €51,571 | €73,588 | +€22,016 | +42.7% |
| Cash at bank and in hand | 54/58 | €2,457 | €6,259 | +€3,802 | +154.8% |
| Deferred charges and accrued income | 490/1 | €13,287 | €16,806 | +€3,519 | +26.5% |
| Total equity and liabilities | 10/49 | €85,168 | €162,831 | +€77,664 | +91.2% |
| Equity | 10/15 | €70,713 | €121,561 | +€50,848 | +71.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €65,713 | €116,561 | +€50,848 | +77.4% |
| Distributable reserves | 133 | €65,713 | €116,561 | +€50,848 | +77.4% |
| Amounts payable | 17/49 | €14,454 | €41,270 | +€26,816 | +185.5% |
| Amounts payable after more than one year | 17 | - | €5,000 | +€5,000 | |
| Other amounts payable | 178/9 | - | €5,000 | +€5,000 | |
| Amounts payable within one year | 42/48 | €14,367 | €29,346 | +€14,978 | +104.3% |
| Trade debts | 44 | €1,025 | €5,571 | +€4,546 | +443.5% |
| Suppliers | 440/4 | €1,025 | €5,571 | +€4,546 | +443.5% |
| Taxes, remuneration and social security | 45 | €10,863 | €23,775 | +€12,912 | +118.9% |
| Taxes | 450/3 | €10,863 | €23,649 | +€12,786 | +117.7% |
| Remuneration and social security | 454/9 | - | €126 | +€126 | |
| Other amounts payable | 47/48 | €2,480 | - | -€2,480 | |
| Accrued charges and deferred income | 492/3 | €87 | €6,924 | +€6,838 | +7890.2% |
| Remuneration, social security and pensions | 62 | - | €1,074 | +€1,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,033 | €4,130 | +€2,096 | +103.1% |
| Other operating charges | 640/8 | €118 | €383 | +€265 | +224.2% |
| Gross operating margin | 9900 | €70,632 | €68,813 | -€1,819 | -2.6% |
| Operating profit (loss) | 9901 | €68,481 | €63,227 | -€5,254 | -7.7% |
| Financial income | 75/76B | €366 | €665 | +€300 | +81.9% |
| Recurring financial income | 75 | €366 | €665 | +€300 | +81.9% |
| Financial charges | 65/66B | €47 | €179 | +€132 | +283.6% |
| Recurring financial charges | 65 | €47 | €179 | +€132 | +283.6% |
| Profit (loss) for the period before taxes | 9903 | €68,800 | €63,714 | -€5,086 | -7.4% |
| Income taxes | 67/77 | €13,930 | €12,866 | -€1,064 | -7.6% |
| Profit (loss) for the period | 9904 | €54,870 | €50,848 | -€4,022 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €54,870 | €50,848 | -€4,022 | -7.3% |
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 6 October 2026 via checked.be.