MEDIKAN: 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.
MEDIKAN
Largest movements
- Cash +€55,755
up €55,755 (+67.1%), from €83,085 to €138,840
mainly Depreciation (+€24,670) and Net result for the year (+€23,941)
- Tangible fixed assets -€22,676
down €22,676 (-31.5%), from €72,010 to €49,335
of which Furniture and vehicles: -€22,471
- Deferred charges and accrued income +€5,273
up €5,273 (+175%), from €3,014 to €8,287
- Receivables within one year +€4,288
up €4,288 (+65.4%), from €6,558 to €10,846
of which Other amounts receivable: +€6,119
- Profit (loss) carried forward +€23,941
up €23,941 (+109%), from €21,964 to €45,905
- Accrued charges and deferred income +€23,500
up €23,500 (+65.3%), from €36,000 to €59,500
- Tax, wage and social debts -€15,158
down €15,158 (-100%), from €15,158 to €0
- Trade debts +€5,647
new in 2025: €5,647
- Other debts +€4,711
up €4,711 (+5.4%), from €87,543 to €92,254
- Gross operating margin +€10,027
up €10,027 (+19.8%), from €50,614 to €60,642
- Taxes +€3,607
up €3,607 (+68.4%), from €5,274 to €8,881
- Financial charges +€1,336
up €1,336 (+205%), from €652 to €1,988
- Other operating charges +€1,109
up €1,109 (+1,585%), from €70 to €1,179
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 | €164,666 | €207,307 | +€42,640 | +25.9% |
| Fixed assets | 21/28 | €72,010 | €49,335 | -€22,676 | -31.5% |
| Tangible fixed assets | 22/27 | €72,010 | €49,335 | -€22,676 | -31.5% |
| Plant, machinery and equipment | 23 | €902 | €697 | -€205 | -22.7% |
| Furniture and vehicles | 24 | €71,108 | €48,637 | -€22,471 | -31.6% |
| Current assets | 29/58 | €92,656 | €157,972 | +€65,316 | +70.5% |
| Amounts receivable within one year | 40/41 | €6,558 | €10,846 | +€4,288 | +65.4% |
| Trade receivables | 40 | €1,831 | €0 | -€1,831 | -100% |
| Other amounts receivable | 41 | €4,726 | €10,846 | +€6,119 | +129% |
| Cash at bank and in hand | 54/58 | €83,085 | €138,840 | +€55,755 | +67.1% |
| Deferred charges and accrued income | 490/1 | €3,014 | €8,287 | +€5,273 | +175% |
| Total equity and liabilities | 10/49 | €164,666 | €207,307 | +€42,640 | +25.9% |
| Equity | 10/15 | €25,964 | €49,905 | +€23,941 | +92.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,964 | €45,905 | +€23,941 | +109% |
| Amounts payable | 17/49 | €138,702 | €157,401 | +€18,699 | +13.5% |
| Amounts payable within one year | 42/48 | €102,702 | €97,901 | -€4,801 | -4.7% |
| Trade debts | 44 | - | €5,647 | +€5,647 | |
| Suppliers | 440/4 | - | €5,647 | +€5,647 | |
| Taxes, remuneration and social security | 45 | €15,158 | €0 | -€15,158 | -100% |
| Taxes | 450/3 | €15,158 | €0 | -€15,158 | -100% |
| Other amounts payable | 47/48 | €87,543 | €92,254 | +€4,711 | +5.4% |
| Accrued charges and deferred income | 492/3 | €36,000 | €59,500 | +€23,500 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,133 | €24,670 | -€463 | -1.8% |
| Other operating charges | 640/8 | €70 | €1,179 | +€1,109 | +1,585% |
| Gross operating margin | 9900 | €50,614 | €60,642 | +€10,027 | +19.8% |
| Operating profit (loss) | 9901 | €25,411 | €34,792 | +€9,381 | +36.9% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €652 | €1,988 | +€1,336 | +205% |
| Recurring financial charges | 65 | €652 | €1,988 | +€1,336 | +205% |
| Profit (loss) for the period before taxes | 9903 | €24,759 | €32,822 | +€8,063 | +32.6% |
| Income taxes | 67/77 | €5,274 | €8,881 | +€3,607 | +68.4% |
| Profit (loss) for the period | 9904 | €19,486 | €23,941 | +€4,455 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,486 | €23,941 | +€4,455 | +22.9% |
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 19 October 2026 via checked.be.