MEDIGESVES: 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.
MEDIGESVES
Largest movements
- Cash +€35,683
up €35,683 (+459%), from €7,782 to €43,465
mainly Net result for the year (+€50,641) and Receivables within one year (+€13,225)
- Receivables after one year +€20,285
up €20,285 (+4.7%), from €431,284 to €451,569
- Receivables within one year -€13,225
down €13,225 (-32.4%), from €40,784 to €27,560
- Tangible fixed assets -€5,730
down €5,730 (-42.4%), from €13,500 to €7,770
- Profit (loss) carried forward +€50,641
up €50,641 (+14.2%), from €355,608 to €406,248
- Tax, wage and social debts +€12,409
up €12,409 (+682%), from €1,820 to €14,230
of which Taxes: +€12,670
- Other debts -€11,000
down €11,000 (-100%), from €11,000 to €0
- Current portion of long-term debt -€9,519
down €9,519 (-75.8%), from €12,552 to €3,033
- Gross operating margin +€46,653
up €46,653, from -€768 to €45,885
- Financial income +€23,945
up €23,945 (+836%), from €2,864 to €26,809
- Taxes +€13,983
up €13,983 (+5,669%), from €247 to €14,230
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €497,539 | €537,396 | +€39,857 | +8.0% |
| Fixed assets | 21/28 | €16,549 | €10,820 | -€5,730 | -34.6% |
| Tangible fixed assets | 22/27 | €13,500 | €7,770 | -€5,730 | -42.4% |
| Furniture and vehicles | 24 | €13,500 | €7,770 | -€5,730 | -42.4% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €480,990 | €526,577 | +€45,587 | +9.5% |
| Amounts receivable after more than one year | 29 | €431,284 | €451,569 | +€20,285 | +4.7% |
| Other amounts receivable | 291 | €431,284 | €451,569 | +€20,285 | +4.7% |
| Amounts receivable within one year | 40/41 | €40,784 | €27,560 | -€13,225 | -32.4% |
| Other amounts receivable | 41 | €40,784 | €27,560 | -€13,225 | -32.4% |
| Cash at bank and in hand | 54/58 | €7,782 | €43,465 | +€35,683 | +459% |
| Deferred charges and accrued income | 490/1 | €1,139 | €3,983 | +€2,844 | +250% |
| Total equity and liabilities | 10/49 | €497,539 | €537,396 | +€39,857 | +8.0% |
| Equity | 10/15 | €468,446 | €519,087 | +€50,641 | +10.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €104,779 | €104,779 | = | 0.0% |
| Distributable reserves | 133 | €104,779 | €104,779 | = | 0.0% |
| Profit (loss) carried forward | 14 | €355,608 | €406,248 | +€50,641 | +14.2% |
| Amounts payable | 17/49 | €29,093 | €18,309 | -€10,783 | -37.1% |
| Amounts payable after more than one year | 17 | €3,033 | €0 | -€3,033 | -100% |
| Financial debts | 170/4 | €3,033 | €0 | -€3,033 | -100% |
| Amounts payable within one year | 42/48 | €26,060 | €18,309 | -€7,751 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €12,552 | €3,033 | -€9,519 | -75.8% |
| Trade debts | 44 | €688 | €1,047 | +€359 | +52.2% |
| Suppliers | 440/4 | €688 | €1,047 | +€359 | +52.2% |
| Taxes, remuneration and social security | 45 | €1,820 | €14,230 | +€12,409 | +682% |
| Taxes | 450/3 | €1,560 | €14,230 | +€12,670 | +812% |
| Remuneration and social security | 454/9 | €260 | €0 | -€260 | -100% |
| Other amounts payable | 47/48 | €11,000 | €0 | -€11,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,730 | €5,730 | = | 0.0% |
| Other operating charges | 640/8 | €1,271 | €1,116 | -€155 | -12.2% |
| Gross operating margin | 9900 | -€768 | €45,885 | +€46,653 | |
| Operating profit (loss) | 9901 | -€7,769 | €39,039 | +€46,808 | |
| Financial income | 75/76B | €2,864 | €26,809 | +€23,945 | +836% |
| Recurring financial income | 75 | €2,864 | €26,809 | +€23,945 | +836% |
| Financial charges | 65/66B | €607 | €978 | +€371 | +61.1% |
| Recurring financial charges | 65 | €607 | €978 | +€371 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,512 | €64,871 | +€70,382 | |
| Income taxes | 67/77 | €247 | €14,230 | +€13,983 | +5,669% |
| Profit (loss) for the period | 9904 | -€5,759 | €50,641 | +€56,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,759 | €50,641 | +€56,399 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.