MEDICX: 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.
MEDICX
Largest movements
- Current investments +€171,435
up €171,435 (+20.2%), from €846,612 to €1.0m
- Tangible fixed assets -€21,533
down €21,533 (-24.7%), from €87,314 to €65,781
of which Furniture and vehicles: -€21,752
- Receivables within one year -€17,795
down €17,795 (-66.3%), from €26,834 to €9,039
- Cash -€15,879
down €15,879 (-52.3%), from €30,343 to €14,464
mainly Contributions, distributions and other (-€261,380) and Current investments (-€171,435)
- Other debts +€111,279
up €111,279 (+74.1%), from €150,101 to €261,380
- Reserves +€24,522
up €24,522 (+2.5%), from €980,316 to €1.0m
of which Tax-exempt reserves: +€126,300
- Tax, wage and social debts -€16,439
down €16,439 (-57.2%), from €28,729 to €12,291
- Gross operating margin +€42,095
up €42,095 (+11.8%), from €356,173 to €398,268
- Financial income -€7,426
down €7,426 (-24.1%), from €30,775 to €23,350
of which Non-recurring financial income: -€10,485
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 | €1,160,359 | €1,282,799 | +€122,441 | +10.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €87,314 | €65,781 | -€21,533 | -24.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €87,314 | €65,781 | -€21,533 | -24.7% |
| Plant, machinery and equipment | 23 | €3,280 | €3,498 | +€219 | +6.7% |
| Furniture and vehicles | 24 | €84,035 | €62,283 | -€21,752 | -25.9% |
| Current assets | 29/58 | €1,073,044 | €1,217,018 | +€143,974 | +13.4% |
| Amounts receivable within one year | 40/41 | €26,834 | €9,039 | -€17,795 | -66.3% |
| Other amounts receivable | 41 | €26,834 | €9,039 | -€17,795 | -66.3% |
| Current investments | 50/53 | €846,612 | €1,018,047 | +€171,435 | +20.2% |
| Cash at bank and in hand | 54/58 | €30,343 | €14,464 | -€15,879 | -52.3% |
| Deferred charges and accrued income | 490/1 | €169,256 | €175,468 | +€6,212 | +3.7% |
| Total equity and liabilities | 10/49 | €1,160,359 | €1,282,799 | +€122,441 | +10.6% |
| Equity | 10/15 | €980,316 | €1,004,839 | +€24,522 | +2.5% |
| Reserves | 13 | €980,316 | €1,004,839 | +€24,522 | +2.5% |
| Tax-exempt reserves | 132 | €313,645 | €439,945 | +€126,300 | +40.3% |
| Distributable reserves | 133 | €666,671 | €564,894 | -€101,778 | -15.3% |
| Amounts payable | 17/49 | €180,043 | €277,961 | +€97,918 | +54.4% |
| Amounts payable within one year | 42/48 | €179,305 | €277,200 | +€97,895 | +54.6% |
| Trade debts | 44 | €475 | €3,530 | +€3,055 | +643.3% |
| Suppliers | 440/4 | €475 | €3,530 | +€3,055 | +643.3% |
| Taxes, remuneration and social security | 45 | €28,729 | €12,291 | -€16,439 | -57.2% |
| Taxes | 450/3 | €28,729 | €12,291 | -€16,439 | -57.2% |
| Other amounts payable | 47/48 | €150,101 | €261,380 | +€111,279 | +74.1% |
| Accrued charges and deferred income | 492/3 | €738 | €760 | +€23 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,873 | €22,782 | +€909 | +4.2% |
| Other operating charges | 640/8 | €29,722 | €32,417 | +€2,695 | +9.1% |
| Gross operating margin | 9900 | €356,173 | €398,268 | +€42,095 | +11.8% |
| Operating profit (loss) | 9901 | €304,577 | €343,069 | +€38,491 | +12.6% |
| Financial income | 75/76B | €30,775 | €23,350 | -€7,426 | -24.1% |
| Recurring financial income | 75 | €20,290 | €23,350 | +€3,059 | +15.1% |
| Non-recurring financial income | 76B | €10,485 | - | -€10,485 | |
| Financial charges | 65/66B | €676 | €309 | -€366 | -54.2% |
| Recurring financial charges | 65 | €676 | €309 | -€366 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | €334,677 | €366,109 | +€31,432 | +9.4% |
| Income taxes | 67/77 | €76,606 | €80,207 | +€3,602 | +4.7% |
| Profit (loss) for the period | 9904 | €258,072 | €285,902 | +€27,830 | +10.8% |
| Transfer to tax-exempt reserves | 689 | €98,935 | €126,300 | +€27,365 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €159,137 | €159,602 | +€465 | +0.3% |
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 12 October 2026 via checked.be.