MEDIFONCTION: 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.
MEDIFONCTION
Largest movements
- Cash +€95,787
up €95,787 (+183.2%), from €52,285 to €148,072
mainly Net result for the year (+€146,771) and Depreciation (+€41,969)
- Tangible fixed assets -€18,068
down €18,068 (-4.0%), from €453,681 to €435,613
of which Furniture and vehicles: -€15,843
- Profit (loss) carried forward +€146,770
up €146,770 (+67.7%), from €216,944 to €363,714
- Trade debts -€40,235
down €40,235 (-90.8%), from €44,336 to €4,101
- Other debts -€21,000
no longer reported in 2025 (was €21,000)
- Debts after one year -€14,485
down €14,485 (-5.9%), from €245,801 to €231,316
- Gross operating margin +€26,951
up €26,951 (+12.4%), from €216,719 to €243,670
- Depreciation -€22,521
down €22,521 (-34.9%), from €64,490 to €41,969
- Taxes +€14,312
up €14,312 (+49.4%), from €28,997 to €43,309
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 | €542,046 | €614,450 | +€72,404 | +13.4% |
| Fixed assets | 21/28 | €453,681 | €435,613 | -€18,068 | -4.0% |
| Tangible fixed assets | 22/27 | €453,681 | €435,613 | -€18,068 | -4.0% |
| Land and buildings | 22 | €264,145 | €257,631 | -€6,514 | -2.5% |
| Plant, machinery and equipment | 23 | €162,538 | €166,827 | +€4,289 | +2.6% |
| Furniture and vehicles | 24 | €26,998 | €11,155 | -€15,843 | -58.7% |
| Current assets | 29/58 | €88,365 | €178,837 | +€90,472 | +102.4% |
| Amounts receivable within one year | 40/41 | €23,958 | €22,950 | -€1,008 | -4.2% |
| Other amounts receivable | 41 | €23,958 | €22,950 | -€1,008 | -4.2% |
| Cash at bank and in hand | 54/58 | €52,285 | €148,072 | +€95,787 | +183.2% |
| Deferred charges and accrued income | 490/1 | €12,122 | €7,815 | -€4,307 | -35.5% |
| Total equity and liabilities | 10/49 | €542,046 | €614,450 | +€72,404 | +13.4% |
| Equity | 10/15 | €216,945 | €363,715 | +€146,770 | +67.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,944 | €363,714 | +€146,770 | +67.7% |
| Amounts payable | 17/49 | €325,101 | €250,735 | -€74,366 | -22.9% |
| Amounts payable after more than one year | 17 | €245,801 | €231,316 | -€14,485 | -5.9% |
| Financial debts | 170/4 | €245,801 | €231,316 | -€14,485 | -5.9% |
| Amounts payable within one year | 42/48 | €79,288 | €18,586 | -€60,702 | -76.6% |
| Current portion of amounts payable after more than one year | 42 | €13,952 | €14,485 | +€533 | +3.8% |
| Trade debts | 44 | €44,336 | €4,101 | -€40,235 | -90.8% |
| Suppliers | 440/4 | €44,336 | €4,101 | -€40,235 | -90.8% |
| Other amounts payable | 47/48 | €21,000 | - | -€21,000 | |
| Accrued charges and deferred income | 492/3 | €12 | €833 | +€821 | +6841.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,490 | €41,969 | -€22,521 | -34.9% |
| Other operating charges | 640/8 | €2,644 | €2,621 | -€23 | -0.9% |
| Gross operating margin | 9900 | €216,719 | €243,670 | +€26,951 | +12.4% |
| Operating profit (loss) | 9901 | €149,585 | €199,080 | +€49,495 | +33.1% |
| Financial income | 75/76B | €827 | €742 | -€85 | -10.3% |
| Recurring financial income | 75 | €827 | €742 | -€85 | -10.3% |
| Financial charges | 65/66B | €7,525 | €9,742 | +€2,217 | +29.5% |
| Recurring financial charges | 65 | €7,525 | €9,742 | +€2,217 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €142,887 | €190,080 | +€47,193 | +33.0% |
| Income taxes | 67/77 | €28,997 | €43,309 | +€14,312 | +49.4% |
| Profit (loss) for the period | 9904 | €113,890 | €146,771 | +€32,881 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €113,890 | €146,771 | +€32,881 | +28.9% |
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 10 October 2026 via checked.be.