MEDIDEVS: what changed
Two fiscal 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.
MEDIDEVS
Largest movements
- Cash -€38,302
down €38,302 (-61.6%), from €62,195 to €23,893
mainly Contributions, distributions and other (-€59,000) and Current investments (-€19,832)
- Current investments +€19,832
new in 2025: €19,832
- Receivables within one year +€17,165
up €17,165 (+41.9%), from €41,007 to €58,173
of which Trade receivables: +€13,126
- Tangible fixed assets -€2,855
down €2,855 (-15.0%), from €18,996 to €16,140
of which Other tangible fixed assets: -€2,395
- Reserves -€12,560
down €12,560 (-13.2%), from €95,002 to €82,443
- Short-term financial debts +€4,768
up €4,768 (+455.4%), from €1,047 to €5,815
- Other debts +€4,700
up €4,700 (+85.1%), from €5,522 to €10,223
- Current portion of long-term debt -€2,168
no longer reported in 2025 (was €2,168)
- Tax, wage and social debts +€1,239
up €1,239 (+21.8%), from €5,689 to €6,929
of which Remuneration and social security: +€1,239
- Gross operating margin +€31,852
up €31,852 (+43.2%), from €73,810 to €105,663
- Other operating charges +€10,683
up €10,683 (+198.8%), from €5,375 to €16,058
- Staff costs +€6,518
up €6,518 (+39.0%), from €16,706 to €23,224
- Taxes +€3,651
up €3,651 (+29.0%), from €12,586 to €16,236
- Financial income +€2,806
up €2,806 (+4008.8%), from €70 to €2,876
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 | €123,509 | €119,330 | -€4,179 | -3.4% |
| Fixed assets | 21/28 | €18,996 | €16,140 | -€2,855 | -15.0% |
| Tangible fixed assets | 22/27 | €18,996 | €16,140 | -€2,855 | -15.0% |
| Plant, machinery and equipment | 23 | €238 | €39 | -€198 | -83.5% |
| Furniture and vehicles | 24 | €3,506 | €3,244 | -€262 | -7.5% |
| Other tangible fixed assets | 26 | €15,252 | €12,857 | -€2,395 | -15.7% |
| Current assets | 29/58 | €104,514 | €103,190 | -€1,324 | -1.3% |
| Amounts receivable within one year | 40/41 | €41,007 | €58,173 | +€17,165 | +41.9% |
| Trade receivables | 40 | €22,649 | €35,775 | +€13,126 | +58.0% |
| Other amounts receivable | 41 | €18,359 | €22,398 | +€4,039 | +22.0% |
| Current investments | 50/53 | - | €19,832 | +€19,832 | |
| Cash at bank and in hand | 54/58 | €62,195 | €23,893 | -€38,302 | -61.6% |
| Deferred charges and accrued income | 490/1 | €1,312 | €1,292 | -€20 | -1.5% |
| Total equity and liabilities | 10/49 | €123,509 | €119,330 | -€4,179 | -3.4% |
| Equity | 10/15 | €105,002 | €92,443 | -€12,560 | -12.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €95,002 | €82,443 | -€12,560 | -13.2% |
| Distributable reserves | 133 | €95,002 | €82,443 | -€12,560 | -13.2% |
| Amounts payable | 17/49 | €18,507 | €26,887 | +€8,380 | +45.3% |
| Amounts payable within one year | 42/48 | €16,247 | €24,438 | +€8,191 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | €2,168 | - | -€2,168 | |
| Financial debts | 43 | €1,047 | €5,815 | +€4,768 | +455.4% |
| Credit institutions | 430/8 | €1,047 | €5,815 | +€4,768 | +455.4% |
| Trade debts | 44 | €1,821 | €1,472 | -€349 | -19.2% |
| Suppliers | 440/4 | €1,821 | €1,472 | -€349 | -19.2% |
| Taxes, remuneration and social security | 45 | €5,689 | €6,929 | +€1,239 | +21.8% |
| Taxes | 450/3 | €1,313 | €1,313 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,376 | €5,616 | +€1,239 | +28.3% |
| Other amounts payable | 47/48 | €5,522 | €10,223 | +€4,700 | +85.1% |
| Accrued charges and deferred income | 492/3 | €2,260 | €2,449 | +€189 | +8.4% |
| Remuneration, social security and pensions | 62 | €16,706 | €23,224 | +€6,518 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,257 | €3,435 | -€822 | -19.3% |
| Other operating charges | 640/8 | €5,375 | €16,058 | +€10,683 | +198.8% |
| Gross operating margin | 9900 | €73,810 | €105,663 | +€31,852 | +43.2% |
| Operating profit (loss) | 9901 | €47,473 | €62,947 | +€15,474 | +32.6% |
| Financial income | 75/76B | €70 | €2,876 | +€2,806 | +4008.8% |
| Recurring financial income | 75 | €70 | €2,876 | +€2,806 | +4008.8% |
| Financial charges | 65/66B | €3,323 | €3,146 | -€176 | -5.3% |
| Recurring financial charges | 65 | €3,323 | €3,146 | -€176 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €44,220 | €62,677 | +€18,456 | +41.7% |
| Income taxes | 67/77 | €12,586 | €16,236 | +€3,651 | +29.0% |
| Profit (loss) for the period | 9904 | €31,635 | €46,440 | +€14,806 | +46.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,635 | €46,440 | +€14,806 | +46.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.