MEDIGRI: 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.
MEDIGRI
Largest movements
- Tangible fixed assets -€7,528
down €7,528 (-24.6%), from €30,655 to €23,127
of which Furniture and vehicles: -€6,577
- Receivables within one year +€6,624
up €6,624 (+46.8%), from €14,151 to €20,775
- Cash +€5,958
up €5,958 (+2.4%), from €251,091 to €257,049
mainly Net result for the year (+€74,684) and Depreciation (+€8,653)
- Reserves +€49,881
up €49,881 (+21.9%), from €228,255 to €278,135
of which Distributable reserves: +€49,881
- Trade debts -€20,263
down €20,263 (-94.1%), from €21,537 to €1,274
- Profit (loss) carried forward -€15,197
no longer reported in 2025 (was €15,197)
- Tax, wage and social debts -€13,541
down €13,541 (-73.1%), from €18,529 to €4,988
- Other debts +€4,758
up €4,758 (+691%), from €688 to €5,446
- Taxes -€5,967
down €5,967 (-21.4%), from €27,843 to €21,876
- Gross operating margin +€3,303
up €3,303 (+3.2%), from €102,709 to €106,012
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 | €296,605 | €302,243 | +€5,638 | +1.9% |
| Fixed assets | 21/28 | €30,655 | €23,127 | -€7,528 | -24.6% |
| Tangible fixed assets | 22/27 | €30,655 | €23,127 | -€7,528 | -24.6% |
| Furniture and vehicles | 24 | €28,201 | €21,624 | -€6,577 | -23.3% |
| Other tangible fixed assets | 26 | €2,454 | €1,503 | -€951 | -38.8% |
| Current assets | 29/58 | €265,950 | €279,116 | +€13,166 | +5.0% |
| Amounts receivable within one year | 40/41 | €14,151 | €20,775 | +€6,624 | +46.8% |
| Other amounts receivable | 41 | €14,151 | €20,775 | +€6,624 | +46.8% |
| Cash at bank and in hand | 54/58 | €251,091 | €257,049 | +€5,958 | +2.4% |
| Deferred charges and accrued income | 490/1 | €708 | €1,292 | +€584 | +82.5% |
| Total equity and liabilities | 10/49 | €296,605 | €302,243 | +€5,638 | +1.9% |
| Equity | 10/15 | €255,851 | €290,535 | +€34,684 | +13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €228,255 | €278,135 | +€49,881 | +21.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €226,395 | €276,275 | +€49,881 | +22.0% |
| Profit (loss) carried forward | 14 | €15,197 | - | -€15,197 | |
| Amounts payable | 17/49 | €40,754 | €11,708 | -€29,046 | -71.3% |
| Amounts payable within one year | 42/48 | €40,754 | €11,708 | -€29,046 | -71.3% |
| Trade debts | 44 | €21,537 | €1,274 | -€20,263 | -94.1% |
| Suppliers | 440/4 | €21,537 | €1,274 | -€20,263 | -94.1% |
| Taxes, remuneration and social security | 45 | €18,529 | €4,988 | -€13,541 | -73.1% |
| Taxes | 450/3 | €18,529 | €4,988 | -€13,541 | -73.1% |
| Other amounts payable | 47/48 | €688 | €5,446 | +€4,758 | +691% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,984 | €8,653 | -€330 | -3.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €102,709 | €106,012 | +€3,303 | +3.2% |
| Operating profit (loss) | 9901 | €93,338 | €96,959 | +€3,621 | +3.9% |
| Financial income | 75/76B | - | €137 | +€137 | |
| Recurring financial income | 75 | - | €137 | +€137 | |
| Financial charges | 65/66B | €203 | €536 | +€333 | +164% |
| Recurring financial charges | 65 | €203 | €536 | +€333 | +164% |
| Profit (loss) for the period before taxes | 9903 | €93,136 | €96,560 | +€3,425 | +3.7% |
| Income taxes | 67/77 | €27,843 | €21,876 | -€5,967 | -21.4% |
| Profit (loss) for the period | 9904 | €65,292 | €74,684 | +€9,392 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,292 | €74,684 | +€9,392 | +14.4% |
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 13 October 2026 via checked.be.