MEDIDEN: 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.
MEDIDEN
Largest movements
- Current investments +€107,472
up €107,472 (+19.7%), from €544,867 to €652,339
- Cash -€51,704
down €51,704 (-47.9%), from €107,973 to €56,269
mainly Current investments (-€107,472) and Receivables within one year (-€5,903)
- Tangible fixed assets -€15,179
down €15,179 (-30.8%), from €49,234 to €34,055
of which Furniture and vehicles: -€14,494
- Reserves +€41,364
up €41,364 (+5.7%), from €726,968 to €768,332
- Gross operating margin +€6,619
up €6,619 (+9.2%), from €72,276 to €78,895
- Taxes +€1,980
up €1,980 (+11.1%), from €17,776 to €19,756
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 | €749,092 | €797,277 | +€48,185 | +6.4% |
| Fixed assets | 21/28 | €49,259 | €34,080 | -€15,179 | -30.8% |
| Tangible fixed assets | 22/27 | €49,234 | €34,055 | -€15,179 | -30.8% |
| Plant, machinery and equipment | 23 | €2,397 | €1,712 | -€685 | -28.6% |
| Furniture and vehicles | 24 | €46,837 | €32,343 | -€14,494 | -30.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €699,833 | €763,197 | +€63,364 | +9.1% |
| Amounts receivable within one year | 40/41 | €46,550 | €52,453 | +€5,903 | +12.7% |
| Trade receivables | 40 | €567 | - | -€567 | |
| Other amounts receivable | 41 | €45,983 | €52,453 | +€6,470 | +14.1% |
| Current investments | 50/53 | €544,867 | €652,339 | +€107,472 | +19.7% |
| Cash at bank and in hand | 54/58 | €107,973 | €56,269 | -€51,704 | -47.9% |
| Deferred charges and accrued income | 490/1 | €443 | €2,136 | +€1,693 | +382% |
| Total equity and liabilities | 10/49 | €749,092 | €797,277 | +€48,185 | +6.4% |
| Equity | 10/15 | €740,328 | €781,833 | +€41,505 | +5.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €726,968 | €768,332 | +€41,364 | +5.7% |
| Distributable reserves | 133 | €726,968 | €768,332 | +€41,364 | +5.7% |
| Profit (loss) carried forward | 14 | €860 | €1,001 | +€141 | +16.4% |
| Amounts payable | 17/49 | €8,764 | €15,444 | +€6,680 | +76.2% |
| Amounts payable within one year | 42/48 | €8,764 | €15,444 | +€6,680 | +76.2% |
| Trade debts | 44 | €38 | €778 | +€740 | +1,947% |
| Suppliers | 440/4 | €38 | €778 | +€740 | +1,947% |
| Taxes, remuneration and social security | 45 | €61 | €52 | -€9 | -14.8% |
| Taxes | 450/3 | €61 | €52 | -€9 | -14.8% |
| Other amounts payable | 47/48 | €8,665 | €14,614 | +€5,949 | +68.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,472 | €16,938 | +€466 | +2.8% |
| Other operating charges | 640/8 | €552 | €571 | +€19 | +3.4% |
| Non-recurring operating charges | 66A | - | €125 | +€125 | |
| Gross operating margin | 9900 | €72,276 | €78,895 | +€6,619 | +9.2% |
| Operating profit (loss) | 9901 | €55,252 | €61,261 | +€6,009 | +10.9% |
| Financial charges | 65/66B | €178 | - | -€178 | |
| Recurring financial charges | 65 | €178 | - | -€178 | |
| Profit (loss) for the period before taxes | 9903 | €55,074 | €61,261 | +€6,187 | +11.2% |
| Income taxes | 67/77 | €17,776 | €19,756 | +€1,980 | +11.1% |
| Profit (loss) for the period | 9904 | €37,298 | €41,505 | +€4,207 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,298 | €41,505 | +€4,207 | +11.3% |
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 22 October 2026 via checked.be.