MEDIGENERIQUE: 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.
MEDIGENERIQUE
Largest movements
- Current assets -€92,171
down €92,171 (-11.2%), from €826,382 to €734,210
of which Cash: -€202,693
- Tangible fixed assets +€25,673
up €25,673 (+3.9%), from €666,572 to €692,244
of which Leasing and similar rights: +€536,507
- Debts within one year -€32,208
down €32,208 (-22.0%), from €146,307 to €114,099
- Equity -€25,418
down €25,418 (-4.4%), from €580,717 to €555,299
of which Profit (loss) carried forward: -€31,340
- Gross operating margin -€100,672
down €100,672 (-57.3%), from €175,640 to €74,968
- Financial charges +€58,699
new in 2022: €58,699
- Taxes +€19,077
up €19,077 (+322%), from €5,923 to €25,000
- Depreciation +€11,869
up €11,869 (+29.2%), from €40,654 to €52,523
- Provisions -€8,262
new in 2022: -€8,262
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,492,953 | €1,426,454 | -€66,499 | -4.5% |
| Fixed assets | 21/28 | €666,572 | €692,244 | +€25,673 | +3.9% |
| Tangible fixed assets | 22/27 | €666,572 | €692,244 | +€25,673 | +3.9% |
| Plant, machinery and equipment | 23 | - | €27,337 | +€27,337 | |
| Furniture and vehicles | 24 | - | €120 | +€120 | |
| Leasing and similar rights | 25 | - | €536,507 | +€536,507 | |
| Other tangible fixed assets | 26 | - | €128,280 | +€128,280 | |
| Current assets | 29/58 | €826,382 | €734,210 | -€92,171 | -11.2% |
| Amounts receivable within one year | 40/41 | €17,658 | €23,581 | +€5,923 | +33.5% |
| Trade receivables | 40 | - | €8,542 | +€8,542 | |
| Other amounts receivable | 41 | - | €15,039 | +€15,039 | |
| Current investments | 50/53 | €601,222 | €705,821 | +€104,598 | +17.4% |
| Cash at bank and in hand | 54/58 | €205,387 | €2,694 | -€202,693 | -98.7% |
| Deferred charges and accrued income | 490/1 | - | €2,114 | +€2,114 | |
| Total equity and liabilities | 10/49 | €1,492,953 | €1,426,454 | -€66,499 | -4.5% |
| Equity | 10/15 | €580,717 | €555,299 | -€25,418 | -4.4% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Capital | 10 | - | €12,400 | +€12,400 | |
| Issued capital | 100 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €88,618 | €94,540 | +€5,922 | +6.7% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €92,680 | +€92,680 | |
| Profit (loss) carried forward | 14 | €479,699 | €448,359 | -€31,340 | -6.5% |
| Provisions and deferred taxes | 16 | €698,773 | €690,511 | -€8,262 | -1.2% |
| Provisions for liabilities and charges | 160/5 | - | €690,511 | +€690,511 | |
| Pensions and similar obligations | 160 | - | €29,000 | +€29,000 | |
| Other liabilities and charges | 164/5 | - | €661,511 | +€661,511 | |
| Amounts payable | 17/49 | €213,463 | €180,645 | -€32,819 | -15.4% |
| Amounts payable after more than one year | 17 | €67,157 | €66,546 | -€611 | -0.9% |
| Financial debts | 170/4 | - | €66,546 | +€66,546 | |
| Amounts payable within one year | 42/48 | €146,307 | €114,099 | -€32,208 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | - | €12,745 | +€12,745 | |
| Trade debts | 44 | €16,921 | €47,283 | +€30,362 | +179% |
| Suppliers | 440/4 | - | €47,283 | +€47,283 | |
| Other amounts payable | 47/48 | - | €54,071 | +€54,071 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,654 | €52,523 | +€11,869 | +29.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€8,262 | -€8,262 | |
| Other operating charges | 640/8 | - | €4,001 | +€4,001 | |
| Gross operating margin | 9900 | €175,640 | €74,968 | -€100,672 | -57.3% |
| Operating profit (loss) | 9901 | €137,398 | €26,706 | -€110,692 | -80.6% |
| Recurring financial income | 75 | €41,829 | - | -€41,829 | |
| Financial charges | 65/66B | - | €58,699 | +€58,699 | |
| Recurring financial charges | 65 | €64,734 | €58,699 | -€6,035 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €114,492 | -€31,994 | -€146,486 | |
| Income taxes | 67/77 | €5,923 | €25,000 | +€19,077 | +322% |
| Profit (loss) for the period | 9904 | €108,570 | -€56,994 | -€165,563 | |
| Profit (loss) for the period to be appropriated | 9905 | €108,570 | -€56,994 | -€165,563 |
Source: filed annual accounts (NBB), financial years ended 30 September 2020 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.