MEDIK.EL: 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.
MEDIK.EL
Largest movements
- Cash -€92,205
down €92,205 (-96.3%), from €95,733 to €3,528
- Tangible fixed assets -€13,543
down €13,543 (-18.8%), from €71,925 to €58,382
- Receivables within one year +€6,899
up €6,899 (+22.6%), from €30,536 to €37,434
of which Trade receivables: +€20,426
- Other debts -€36,439
down €36,439 (-55.7%), from €65,407 to €28,968
- Debts after one year -€27,618
down €27,618 (-61.8%), from €44,672 to €17,054
- Tax, wage and social debts -€19,110
down €19,110 (-66.0%), from €28,967 to €9,857
of which Taxes: -€11,691
- Current portion of long-term debt -€12,000
down €12,000 (-35.5%), from €33,809 to €21,809
- Accrued charges and deferred income -€4,094
no longer reported in 2025 (was €4,094)
- Gross operating margin -€80,863
down €80,863 (-68.0%), from €118,990 to €38,127
- Taxes -€23,527
down €23,527 (-93.0%), from €25,301 to €1,774
- Depreciation +€21,079
up €21,079 (+141%), from €14,916 to €35,995
- Other operating charges -€1,690
down €1,690 (-67.0%), from €2,521 to €832
- Financial income -€1,208
down €1,208 (-84.9%), from €1,423 to €215
From the 2023 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
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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,362 | €99,344 | -€100,017 | -50.2% |
| Fixed assets | 21/28 | €71,925 | €58,382 | -€13,543 | -18.8% |
| Tangible fixed assets | 22/27 | €71,925 | €58,382 | -€13,543 | -18.8% |
| Furniture and vehicles | 24 | €71,925 | €58,382 | -€13,543 | -18.8% |
| Current assets | 29/58 | €127,437 | €40,962 | -€86,474 | -67.9% |
| Amounts receivable within one year | 40/41 | €30,536 | €37,434 | +€6,899 | +22.6% |
| Trade receivables | 40 | €14,092 | €34,518 | +€20,426 | +145% |
| Other amounts receivable | 41 | €16,443 | €2,916 | -€13,527 | -82.3% |
| Cash at bank and in hand | 54/58 | €95,733 | €3,528 | -€92,205 | -96.3% |
| Deferred charges and accrued income | 490/1 | €1,168 | - | -€1,168 | |
| Total equity and liabilities | 10/49 | €199,362 | €99,344 | -€100,017 | -50.2% |
| Equity | 10/15 | €20,460 | €19,020 | -€1,440 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Own shares acquired | 1312 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | - | -€1,440 | -€1,440 | |
| Amounts payable | 17/49 | €178,902 | €80,324 | -€98,578 | -55.1% |
| Amounts payable after more than one year | 17 | €44,672 | €17,054 | -€27,618 | -61.8% |
| Financial debts | 170/4 | €44,672 | €17,054 | -€27,618 | -61.8% |
| Amounts payable within one year | 42/48 | €130,135 | €63,270 | -€66,865 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | €33,809 | €21,809 | -€12,000 | -35.5% |
| Trade debts | 44 | €1,953 | €2,637 | +€684 | +35.0% |
| Suppliers | 440/4 | €1,953 | €2,637 | +€684 | +35.0% |
| Taxes, remuneration and social security | 45 | €28,967 | €9,857 | -€19,110 | -66.0% |
| Taxes | 450/3 | €21,547 | €9,857 | -€11,691 | -54.3% |
| Remuneration and social security | 454/9 | €7,419 | - | -€7,419 | |
| Other amounts payable | 47/48 | €65,407 | €28,968 | -€36,439 | -55.7% |
| Accrued charges and deferred income | 492/3 | €4,094 | - | -€4,094 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,916 | €35,995 | +€21,079 | +141% |
| Other operating charges | 640/8 | €2,521 | €832 | -€1,690 | -67.0% |
| Gross operating margin | 9900 | €118,990 | €38,127 | -€80,863 | -68.0% |
| Operating profit (loss) | 9901 | €101,553 | €1,300 | -€100,252 | -98.7% |
| Financial income | 75/76B | €1,423 | €215 | -€1,208 | -84.9% |
| Recurring financial income | 75 | €1,423 | €215 | -€1,208 | -84.9% |
| Financial charges | 65/66B | €726 | €1,181 | +€455 | +62.7% |
| Recurring financial charges | 65 | €726 | €1,181 | +€455 | +62.7% |
| Profit (loss) for the period before taxes | 9903 | €102,250 | €335 | -€101,915 | -99.7% |
| Income taxes | 67/77 | €25,301 | €1,774 | -€23,527 | -93.0% |
| Profit (loss) for the period | 9904 | €76,949 | -€1,440 | -€78,389 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,949 | -€1,440 | -€78,389 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.