MEDIHAND: 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.
MEDIHAND
Largest movements
- Tangible fixed assets +€67,555
up €67,555 (+35.9%), from €188,351 to €255,906
of which Plant, machinery and equipment: +€46,113
- Receivables within one year +€9,315
up €9,315 (+176%), from €5,306 to €14,621
of which Other amounts receivable: +€5,705
- Receivables after one year -€5,000
down €5,000 (-38.0%), from €13,160 to €8,160
- Cash -€4,816
down €4,816 (-5.1%), from €94,419 to €89,603
mainly Investment in fixed assets (net) (-€110,207) and Contributions, distributions and other (-€30,492)
- Debts after one year +€32,924
up €32,924 (+28.6%), from €115,190 to €148,115
- Other debts +€30,071
up €30,071 (+273%), from €11,014 to €41,084
- Reserves -€26,011
down €26,011 (-24.1%), from €107,773 to €81,762
of which Distributable reserves: -€26,011
- Current portion of long-term debt +€24,130
up €24,130 (+102%), from €23,626 to €47,756
- Accrued charges and deferred income +€10,102
up €10,102 (+37.3%), from €27,103 to €37,206
- Depreciation +€12,578
up €12,578 (+41.7%), from €30,188 to €42,766
- Other operating charges -€9,261
down €9,261 (-74.9%), from €12,369 to €3,109
- Gross operating margin -€8,545
down €8,545 (-11.7%), from €72,860 to €64,315
- Financial charges +€5,624
up €5,624 (+119%), from €4,734 to €10,357
- Taxes -€5,437
down €5,437 (-60.1%), from €9,044 to €3,607
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 | €306,736 | €374,086 | +€67,350 | +22.0% |
| Fixed assets | 21/28 | €192,613 | €260,053 | +€67,440 | +35.0% |
| Intangible fixed assets | 21 | €511 | €397 | -€114 | -22.4% |
| Tangible fixed assets | 22/27 | €188,351 | €255,906 | +€67,555 | +35.9% |
| Land and buildings | 22 | €99,365 | €90,715 | -€8,650 | -8.7% |
| Plant, machinery and equipment | 23 | €78,329 | €124,441 | +€46,113 | +58.9% |
| Furniture and vehicles | 24 | €10,658 | €40,750 | +€30,092 | +282% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €114,123 | €114,033 | -€90 | -0.1% |
| Amounts receivable after more than one year | 29 | €13,160 | €8,160 | -€5,000 | -38.0% |
| Other amounts receivable | 291 | €13,160 | €8,160 | -€5,000 | -38.0% |
| Amounts receivable within one year | 40/41 | €5,306 | €14,621 | +€9,315 | +176% |
| Trade receivables | 40 | €1,866 | €5,476 | +€3,610 | +193% |
| Other amounts receivable | 41 | €3,440 | €9,145 | +€5,705 | +166% |
| Cash at bank and in hand | 54/58 | €94,419 | €89,603 | -€4,816 | -5.1% |
| Deferred charges and accrued income | 490/1 | €1,238 | €1,649 | +€410 | +33.1% |
| Total equity and liabilities | 10/49 | €306,736 | €374,086 | +€67,350 | +22.0% |
| Equity | 10/15 | €120,173 | €94,162 | -€26,011 | -21.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €107,773 | €81,762 | -€26,011 | -24.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €107,773 | €81,762 | -€26,011 | -24.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €186,562 | €279,923 | +€93,361 | +50.0% |
| Amounts payable after more than one year | 17 | €115,190 | €148,115 | +€32,924 | +28.6% |
| Financial debts | 170/4 | €115,190 | €148,115 | +€32,924 | +28.6% |
| Amounts payable within one year | 42/48 | €44,268 | €94,603 | +€50,335 | +114% |
| Current portion of amounts payable after more than one year | 42 | €23,626 | €47,756 | +€24,130 | +102% |
| Trade debts | 44 | €9,312 | €5,508 | -€3,804 | -40.9% |
| Suppliers | 440/4 | €9,312 | €5,508 | -€3,804 | -40.9% |
| Taxes, remuneration and social security | 45 | €317 | €255 | -€62 | -19.4% |
| Taxes | 450/3 | €317 | €255 | -€62 | -19.4% |
| Other amounts payable | 47/48 | €11,014 | €41,084 | +€30,071 | +273% |
| Accrued charges and deferred income | 492/3 | €27,103 | €37,206 | +€10,102 | +37.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,188 | €42,766 | +€12,578 | +41.7% |
| Other operating charges | 640/8 | €12,369 | €3,109 | -€9,261 | -74.9% |
| Gross operating margin | 9900 | €72,860 | €64,315 | -€8,545 | -11.7% |
| Operating profit (loss) | 9901 | €30,302 | €18,440 | -€11,863 | -39.1% |
| Financial income | 75/76B | €265 | €6 | -€260 | -97.9% |
| Recurring financial income | 75 | €265 | €6 | -€260 | -97.9% |
| Financial charges | 65/66B | €4,734 | €10,357 | +€5,624 | +119% |
| Recurring financial charges | 65 | €4,734 | €10,357 | +€5,624 | +119% |
| Profit (loss) for the period before taxes | 9903 | €25,834 | €8,088 | -€17,746 | -68.7% |
| Income taxes | 67/77 | €9,044 | €3,607 | -€5,437 | -60.1% |
| Profit (loss) for the period | 9904 | €16,790 | €4,481 | -€12,309 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,790 | €4,481 | -€12,309 | -73.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.