MEDIKELL: 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.
MEDIKELL
Largest movements
- Cash +€14,983
up €14,983 (+186.6%), from €8,029 to €23,012
mainly Net result for the year (+€14,457) and Tax, wage and social debts (+€1,845)
- Receivables within one year +€1,250
up €1,250 (+53.8%), from €2,324 to €3,574
of which Other amounts receivable: +€1,008
- Deferred charges and accrued income -€1,062
down €1,062 (-25.2%), from €4,214 to €3,153
- Tangible fixed assets -€899
down €899 (-28.2%), from €3,185 to €2,286
- Profit (loss) carried forward +€11,207
up €11,207 (+78.3%), from €14,310 to €25,516
- Tax, wage and social debts +€1,845
up €1,845 (+214.8%), from €859 to €2,704
- Other debts +€1,220
up €1,220 (+60.1%), from €2,030 to €3,250
- Depreciation +€513
up €513 (+133.0%), from €386 to €899
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 | €17,753 | €32,025 | +€14,272 | +80.4% |
| Fixed assets | 21/28 | €3,185 | €2,286 | -€899 | -28.2% |
| Tangible fixed assets | 22/27 | €3,185 | €2,286 | -€899 | -28.2% |
| Furniture and vehicles | 24 | €3,185 | €2,286 | -€899 | -28.2% |
| Current assets | 29/58 | €14,568 | €29,739 | +€15,171 | +104.1% |
| Amounts receivable within one year | 40/41 | €2,324 | €3,574 | +€1,250 | +53.8% |
| Trade receivables | 40 | - | €242 | +€242 | |
| Other amounts receivable | 41 | €2,324 | €3,332 | +€1,008 | +43.4% |
| Cash at bank and in hand | 54/58 | €8,029 | €23,012 | +€14,983 | +186.6% |
| Deferred charges and accrued income | 490/1 | €4,214 | €3,153 | -€1,062 | -25.2% |
| Total equity and liabilities | 10/49 | €17,753 | €32,025 | +€14,272 | +80.4% |
| Equity | 10/15 | €14,810 | €26,016 | +€11,207 | +75.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,310 | €25,516 | +€11,207 | +78.3% |
| Amounts payable | 17/49 | €2,943 | €6,009 | +€3,066 | +104.2% |
| Amounts payable within one year | 42/48 | €2,943 | €6,009 | +€3,066 | +104.2% |
| Trade debts | 44 | €54 | €55 | +€1 | +1.2% |
| Suppliers | 440/4 | €54 | €55 | +€1 | +1.2% |
| Taxes, remuneration and social security | 45 | €859 | €2,704 | +€1,845 | +214.8% |
| Taxes | 450/3 | €859 | €2,704 | +€1,845 | +214.8% |
| Other amounts payable | 47/48 | €2,030 | €3,250 | +€1,220 | +60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | €899 | +€513 | +133.0% |
| Gross operating margin | 9900 | €21,318 | €21,109 | -€209 | -1.0% |
| Operating profit (loss) | 9901 | €20,933 | €20,210 | -€722 | -3.5% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,475 | €1,481 | +€5 | +0.4% |
| Recurring financial charges | 65 | €1,475 | €1,481 | +€5 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €19,457 | €18,738 | -€719 | -3.7% |
| Income taxes | 67/77 | €4,289 | €4,282 | -€7 | -0.2% |
| Profit (loss) for the period | 9904 | €15,169 | €14,457 | -€712 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,169 | €14,457 | -€712 | -4.7% |
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 11 October 2026 via checked.be.