MEDICUS RANAE: what changed
MEDICUS RANAE
Largest movements
- Cash +€19,574
up €19,574 (+35.7%), from €54,780 to €74,354
mainly Net result for the year (+€29,897) and Deferred charges and accrued income (+€6,347)
- Deferred charges and accrued income -€6,347
down €6,347 (-53.1%), from €11,943 to €5,596
- Tangible fixed assets +€4,443
new in 2025: €4,443
of which Furniture and vehicles: +€3,534
- Receivables within one year +€2,797
new in 2025: €2,797
- Profit (loss) carried forward +€29,897
up €29,897 (+62.0%), from €48,205 to €78,102
- Tax, wage and social debts -€7,514
no longer reported in 2025 (was €7,514)
- Trade debts -€1,143
no longer reported in 2025 (was €1,143)
- Gross operating margin +€6,252
up €6,252 (+18.5%), from €33,714 to €39,966
- Taxes +€540
up €540 (+6.4%), from €8,413 to €8,953
- Other operating charges -€418
down €418 (-33.3%), from €1,254 to €836
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,724 | €87,190 | +€20,467 | +30.7% |
| Fixed assets | 21/28 | - | €4,443 | +€4,443 | |
| Tangible fixed assets | 22/27 | - | €4,443 | +€4,443 | |
| Plant, machinery and equipment | 23 | - | €909 | +€909 | |
| Furniture and vehicles | 24 | - | €3,534 | +€3,534 | |
| Current assets | 29/58 | €66,724 | €82,747 | +€16,024 | +24.0% |
| Amounts receivable within one year | 40/41 | - | €2,797 | +€2,797 | |
| Other amounts receivable | 41 | - | €2,797 | +€2,797 | |
| Cash at bank and in hand | 54/58 | €54,780 | €74,354 | +€19,574 | +35.7% |
| Deferred charges and accrued income | 490/1 | €11,943 | €5,596 | -€6,347 | -53.1% |
| Total equity and liabilities | 10/49 | €66,724 | €87,190 | +€20,467 | +30.7% |
| Equity | 10/15 | €50,205 | €80,102 | +€29,897 | +59.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,205 | €78,102 | +€29,897 | +62.0% |
| Amounts payable | 17/49 | €16,519 | €7,088 | -€9,430 | -57.1% |
| Amounts payable within one year | 42/48 | €16,519 | €7,088 | -€9,430 | -57.1% |
| Trade debts | 44 | €1,143 | - | -€1,143 | |
| Suppliers | 440/4 | €1,143 | - | -€1,143 | |
| Taxes, remuneration and social security | 45 | €7,514 | - | -€7,514 | |
| Taxes | 450/3 | €7,514 | - | -€7,514 | |
| Other amounts payable | 47/48 | €7,862 | €7,088 | -€773 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €183 | +€183 | |
| Other operating charges | 640/8 | €1,254 | €836 | -€418 | -33.3% |
| Gross operating margin | 9900 | €33,714 | €39,966 | +€6,252 | +18.5% |
| Operating profit (loss) | 9901 | €32,460 | €38,947 | +€6,487 | +20.0% |
| Financial charges | 65/66B | €80 | €97 | +€17 | +21.6% |
| Recurring financial charges | 65 | €80 | €97 | +€17 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €32,380 | €38,850 | +€6,470 | +20.0% |
| Income taxes | 67/77 | €8,413 | €8,953 | +€540 | +6.4% |
| Profit (loss) for the period | 9904 | €23,968 | €29,897 | +€5,930 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,968 | €29,897 | +€5,930 | +24.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.