MEDICOURT: 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.
MEDICOURT
Largest movements
- Current investments +€116,159
up €116,159 (+33.2%), from €350,379 to €466,538
- Cash +€57,152
up €57,152 (+30.4%), from €188,179 to €245,331
mainly Debts after one year (+€89,379) and Current portion of long-term debt (+€67,361)
- Tangible fixed assets -€32,082
down €32,082 (-11.9%), from €269,531 to €237,449
of which Land and buildings: -€31,522
- Receivables within one year +€27,636
up €27,636 (+207%), from €13,357 to €40,992
of which Other amounts receivable: +€29,584
- Debts after one year +€89,379
up €89,379 (+58.1%), from €153,948 to €243,327
- Reserves -€70,000
down €70,000 (-27.2%), from €257,639 to €187,639
- Current portion of long-term debt +€67,361
up €67,361 (+281%), from €24,007 to €91,368
- Other debts +€66,663
up €66,663 (+8,029%), from €830 to €67,493
- Tax, wage and social debts +€16,510
up €16,510 (+50.0%), from €33,019 to €49,529
of which Taxes: +€11,510
- Gross operating margin -€178,306
down €178,306 (-72.1%), from €247,474 to €69,167
- Taxes -€46,728
down €46,728 (-99.5%), from €46,974 to €245
- Financial income +€25,859
up €25,859 (+2,104%), from €1,229 to €27,088
- Staff costs +€8,629
up €8,629 (+16.8%), from €51,284 to €59,913
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 | €832,864 | €1,000,173 | +€167,309 | +20.1% |
| Fixed assets | 21/28 | €269,531 | €237,449 | -€32,082 | -11.9% |
| Tangible fixed assets | 22/27 | €269,531 | €237,449 | -€32,082 | -11.9% |
| Land and buildings | 22 | €267,294 | €235,772 | -€31,522 | -11.8% |
| Plant, machinery and equipment | 23 | €1,059 | €888 | -€171 | -16.2% |
| Other tangible fixed assets | 26 | €1,178 | €789 | -€389 | -33.0% |
| Current assets | 29/58 | €563,333 | €762,724 | +€199,391 | +35.4% |
| Amounts receivable within one year | 40/41 | €13,357 | €40,992 | +€27,636 | +207% |
| Trade receivables | 40 | €2,101 | €152 | -€1,949 | -92.8% |
| Other amounts receivable | 41 | €11,256 | €40,840 | +€29,584 | +263% |
| Current investments | 50/53 | €350,379 | €466,538 | +€116,159 | +33.2% |
| Cash at bank and in hand | 54/58 | €188,179 | €245,331 | +€57,152 | +30.4% |
| Deferred charges and accrued income | 490/1 | €11,419 | €9,863 | -€1,555 | -13.6% |
| Total equity and liabilities | 10/49 | €832,864 | €1,000,173 | +€167,309 | +20.1% |
| Equity | 10/15 | €615,835 | €541,494 | -€74,341 | -12.1% |
| Contributions | 10/11 | €14,885 | €14,885 | = | 0.0% |
| Reserves | 13 | €257,639 | €187,639 | -€70,000 | -27.2% |
| Distributable reserves | 133 | €257,639 | €187,639 | -€70,000 | -27.2% |
| Profit (loss) carried forward | 14 | €343,311 | €338,970 | -€4,341 | -1.3% |
| Amounts payable | 17/49 | €217,029 | €458,679 | +€241,650 | +111% |
| Amounts payable after more than one year | 17 | €153,948 | €243,327 | +€89,379 | +58.1% |
| Financial debts | 170/4 | €153,948 | €243,327 | +€89,379 | +58.1% |
| Amounts payable within one year | 42/48 | €63,081 | €215,352 | +€152,271 | +241% |
| Current portion of amounts payable after more than one year | 42 | €24,007 | €91,368 | +€67,361 | +281% |
| Trade debts | 44 | €5,225 | €6,962 | +€1,738 | +33.3% |
| Suppliers | 440/4 | €5,225 | €6,962 | +€1,738 | +33.3% |
| Taxes, remuneration and social security | 45 | €33,019 | €49,529 | +€16,510 | +50.0% |
| Taxes | 450/3 | €26,780 | €38,290 | +€11,510 | +43.0% |
| Remuneration and social security | 454/9 | €6,239 | €11,239 | +€5,000 | +80.1% |
| Other amounts payable | 47/48 | €830 | €67,493 | +€66,663 | +8,029% |
| Remuneration, social security and pensions | 62 | €51,284 | €59,913 | +€8,629 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,160 | €32,082 | -€78 | -0.2% |
| Other operating charges | 640/8 | €2,242 | €2,121 | -€122 | -5.4% |
| Gross operating margin | 9900 | €247,474 | €69,167 | -€178,306 | -72.1% |
| Operating profit (loss) | 9901 | €161,787 | -€24,948 | -€186,735 | |
| Financial income | 75/76B | €1,229 | €27,088 | +€25,859 | +2,104% |
| Recurring financial income | 75 | €1,229 | €27,088 | +€25,859 | +2,104% |
| Financial charges | 65/66B | €5,903 | €6,235 | +€332 | +5.6% |
| Recurring financial charges | 65 | €5,903 | €6,235 | +€332 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €157,113 | -€4,095 | -€161,208 | |
| Income taxes | 67/77 | €46,974 | €245 | -€46,728 | -99.5% |
| Profit (loss) for the period | 9904 | €110,139 | -€4,341 | -€114,480 | |
| Profit (loss) for the period to be appropriated | 9905 | €110,139 | -€4,341 | -€114,480 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.