MEDIHEYDEN: what changed
Two fiscal 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.
MEDIHEYDEN
Largest movements
- Current investments +€174,720
new in 2025: €174,720
- Cash -€48,561
down €48,561 (-25.4%), from €191,077 to €142,516
mainly Current investments (-€174,720) and Deferred charges and accrued income (-€2,704)
- Reserves +€78,550
up €78,550 (+54.4%), from €144,419 to €222,969
- Other debts +€29,758
up €29,758 (+76.5%), from €38,920 to €68,678
- Tax, wage and social debts +€18,249
up €18,249 (+187.3%), from €9,741 to €27,990
- Gross operating margin +€45,239
up €45,239 (+31.6%), from €143,285 to €188,524
- Financial charges +€26,196
up €26,196 (+53.9%), from €48,594 to €74,791
- Taxes +€6,570
up €6,570 (+24.1%), from €27,210 to €33,780
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 | €206,105 | €333,087 | +€126,981 | +61.6% |
| Fixed assets | 21/28 | €4,789 | €2,907 | -€1,882 | -39.3% |
| Tangible fixed assets | 22/27 | €4,789 | €2,907 | -€1,882 | -39.3% |
| Furniture and vehicles | 24 | €4,789 | €2,907 | -€1,882 | -39.3% |
| Current assets | 29/58 | €201,316 | €330,180 | +€128,863 | +64.0% |
| Current investments | 50/53 | - | €174,720 | +€174,720 | |
| Cash at bank and in hand | 54/58 | €191,077 | €142,516 | -€48,561 | -25.4% |
| Deferred charges and accrued income | 490/1 | €10,240 | €12,944 | +€2,704 | +26.4% |
| Total equity and liabilities | 10/49 | €206,105 | €333,087 | +€126,981 | +61.6% |
| Equity | 10/15 | €156,819 | €235,369 | +€78,550 | +50.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €144,419 | €222,969 | +€78,550 | +54.4% |
| Distributable reserves | 133 | €144,419 | €222,969 | +€78,550 | +54.4% |
| Amounts payable | 17/49 | €49,286 | €97,717 | +€48,432 | +98.3% |
| Amounts payable within one year | 42/48 | €49,286 | €97,717 | +€48,432 | +98.3% |
| Trade debts | 44 | €625 | €1,050 | +€425 | +68.0% |
| Suppliers | 440/4 | €625 | €1,050 | +€425 | +68.0% |
| Taxes, remuneration and social security | 45 | €9,741 | €27,990 | +€18,249 | +187.3% |
| Taxes | 450/3 | €9,741 | €27,990 | +€18,249 | +187.3% |
| Other amounts payable | 47/48 | €38,920 | €68,678 | +€29,758 | +76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,923 | €1,882 | -€41 | -2.1% |
| Other operating charges | 640/8 | €968 | €573 | -€396 | -40.9% |
| Gross operating margin | 9900 | €143,285 | €188,524 | +€45,239 | +31.6% |
| Operating profit (loss) | 9901 | €140,393 | €186,069 | +€45,676 | +32.5% |
| Financial income | 75/76B | €1,797 | €2,717 | +€920 | +51.2% |
| Recurring financial income | 75 | €1,797 | €2,717 | +€920 | +51.2% |
| Financial charges | 65/66B | €48,594 | €74,791 | +€26,196 | +53.9% |
| Recurring financial charges | 65 | €48,594 | €74,791 | +€26,196 | +53.9% |
| Profit (loss) for the period before taxes | 9903 | €93,595 | €113,995 | +€20,400 | +21.8% |
| Income taxes | 67/77 | €27,210 | €33,780 | +€6,570 | +24.1% |
| Profit (loss) for the period | 9904 | €66,386 | €80,216 | +€13,830 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,386 | €80,216 | +€13,830 | +20.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.