Medida: 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.
Medida
Largest movements
- Stocks and contracts -€57,545
down €57,545 (-81.2%), from €70,910 to €13,365
- Receivables within one year +€23,364
up €23,364 (+17.3%), from €135,320 to €158,684
of which Other amounts receivable: +€24,363
- Deferred charges and accrued income +€22,211
up €22,211 (+221.2%), from €10,039 to €32,250
- Cash +€8,419
up €8,419 (+121.4%), from €6,934 to €15,353
mainly Tax, wage and social debts (+€128,708) and Stocks and contracts (+€57,545)
- Financial fixed assets +€4,200
up €4,200, from €0 to €4,200
- Tax, wage and social debts +€128,708
up €128,708 (+157.3%), from €81,799 to €210,507
of which Taxes: +€78,163
- Profit (loss) carried forward -€90,257
down €90,257, from €30,775 to -€59,483
- Trade debts -€36,589
down €36,589 (-57.9%), from €63,241 to €26,651
- Advances received -€29,587
down €29,587 (-100.0%), from €29,587 to €0
- Other debts +€23,662
up €23,662 (+120.6%), from €19,616 to €43,278
- Gross operating margin -€231,108
down €231,108 (-82.3%), from €280,901 to €49,793
- Staff costs -€142,213
down €142,213 (-64.6%), from €220,108 to €77,895
- Financial charges +€12,575
up €12,575 (+175.8%), from €7,155 to €19,730
- Taxes -€11,797
down €11,797 (-94.2%), from €12,521 to €724
- Other operating charges +€5,547
up €5,547 (+94.6%), from €5,866 to €11,413
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 | €233,294 | €230,334 | -€2,960 | -1.3% |
| Fixed assets | 21/28 | €10,092 | €10,682 | +€591 | +5.9% |
| Tangible fixed assets | 22/27 | €10,092 | €6,482 | -€3,609 | -35.8% |
| Plant, machinery and equipment | 23 | €4,675 | €3,500 | -€1,175 | -25.1% |
| Furniture and vehicles | 24 | €2,912 | €1,636 | -€1,276 | -43.8% |
| Other tangible fixed assets | 26 | €2,504 | €1,346 | -€1,159 | -46.3% |
| Financial fixed assets | 28 | €0 | €4,200 | +€4,200 | |
| Current assets | 29/58 | €223,202 | €219,652 | -€3,551 | -1.6% |
| Stocks and contracts in progress | 3 | €70,910 | €13,365 | -€57,545 | -81.2% |
| Stocks | 30/36 | €70,910 | €13,365 | -€57,545 | -81.2% |
| Amounts receivable within one year | 40/41 | €135,320 | €158,684 | +€23,364 | +17.3% |
| Trade receivables | 40 | €33,351 | €32,353 | -€998 | -3.0% |
| Other amounts receivable | 41 | €101,969 | €126,331 | +€24,363 | +23.9% |
| Cash at bank and in hand | 54/58 | €6,934 | €15,353 | +€8,419 | +121.4% |
| Deferred charges and accrued income | 490/1 | €10,039 | €32,250 | +€22,211 | +221.2% |
| Total equity and liabilities | 10/49 | €233,294 | €230,334 | -€2,960 | -1.3% |
| Equity | 10/15 | €33,775 | -€56,483 | -€90,257 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,775 | -€59,483 | -€90,257 | |
| Amounts payable | 17/49 | €199,520 | €286,817 | +€87,297 | +43.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €199,454 | €286,533 | +€87,080 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €552 | €0 | -€552 | -100.0% |
| Financial debts | 43 | €4,659 | €6,097 | +€1,438 | +30.9% |
| Credit institutions | 430/8 | €4,659 | €6,097 | +€1,438 | +30.9% |
| Trade debts | 44 | €63,241 | €26,651 | -€36,589 | -57.9% |
| Suppliers | 440/4 | €63,241 | €26,651 | -€36,589 | -57.9% |
| Advances received on contracts in progress | 46 | €29,587 | €0 | -€29,587 | -100.0% |
| Taxes, remuneration and social security | 45 | €81,799 | €210,507 | +€128,708 | +157.3% |
| Taxes | 450/3 | €54,812 | €132,975 | +€78,163 | +142.6% |
| Remuneration and social security | 454/9 | €26,987 | €77,532 | +€50,545 | +187.3% |
| Other amounts payable | 47/48 | €19,616 | €43,278 | +€23,662 | +120.6% |
| Accrued charges and deferred income | 492/3 | €66 | €283 | +€217 | +331.0% |
| Non-recurring operating income | 76A | €8,132 | €0 | -€8,132 | -100.0% |
| Remuneration, social security and pensions | 62 | €220,108 | €77,895 | -€142,213 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,011 | €3,609 | -€401 | -10.0% |
| Other operating charges | 640/8 | €5,866 | €11,413 | +€5,547 | +94.6% |
| Non-recurring operating charges | 66A | - | €32,501 | +€32,501 | |
| Gross operating margin | 9900 | €280,901 | €49,793 | -€231,108 | -82.3% |
| Operating profit (loss) | 9901 | €50,917 | -€75,625 | -€126,542 | |
| Financial income | 75/76B | €2,371 | €5,823 | +€3,451 | +145.5% |
| Recurring financial income | 75 | €2,371 | €5,823 | +€3,451 | +145.5% |
| Financial charges | 65/66B | €7,155 | €19,730 | +€12,575 | +175.8% |
| Recurring financial charges | 65 | €7,155 | €19,730 | +€12,575 | +175.8% |
| Profit (loss) for the period before taxes | 9903 | €46,133 | -€89,533 | -€135,666 | |
| Income taxes | 67/77 | €12,521 | €724 | -€11,797 | -94.2% |
| Profit (loss) for the period | 9904 | €33,612 | -€90,257 | -€123,869 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,612 | -€90,257 | -€123,869 |
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 9 October 2026 via checked.be.