MEDIKUTU: 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.
MEDIKUTU
Largest movements
- Receivables after one year -€13,097
down €13,097 (-15.9%), from €82,474 to €69,377
- Tangible fixed assets -€9,204
down €9,204 (-4.2%), from €218,460 to €209,256
of which Land and buildings: -€7,787
- Cash +€6,032
up €6,032 (+10.6%), from €56,720 to €62,752
mainly Receivables after one year (+€13,097) and Depreciation (+€9,204)
- Trade debts -€13,493
down €13,493 (-50.4%), from €26,767 to €13,275
- Debts after one year -€12,257
down €12,257 (-100.0%), from €12,257 to €0
- Reserves +€6,213
up €6,213 (+111.3%), from €5,582 to €11,795
of which Distributable reserves: +€6,213
- Taxes -€17,180
down €17,180 (-84.0%), from €20,447 to €3,267
- Depreciation +€8,536
up €8,536 (+1277.7%), from €668 to €9,204
- Gross operating margin -€4,586
down €4,586 (-18.1%), from €25,331 to €20,745
- Other operating charges +€1,569
up €1,569 (+405.0%), from €387 to €1,956
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 | €360,654 | €344,385 | -€16,269 | -4.5% |
| Fixed assets | 21/28 | €218,460 | €209,256 | -€9,204 | -4.2% |
| Tangible fixed assets | 22/27 | €218,460 | €209,256 | -€9,204 | -4.2% |
| Land and buildings | 22 | €215,080 | €207,293 | -€7,787 | -3.6% |
| Furniture and vehicles | 24 | €3,380 | €1,963 | -€1,418 | -41.9% |
| Current assets | 29/58 | €142,194 | €135,129 | -€7,065 | -5.0% |
| Amounts receivable after more than one year | 29 | €82,474 | €69,377 | -€13,097 | -15.9% |
| Other amounts receivable | 291 | €82,474 | €69,377 | -€13,097 | -15.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56,720 | €62,752 | +€6,032 | +10.6% |
| Total equity and liabilities | 10/49 | €360,654 | €344,385 | -€16,269 | -4.5% |
| Equity | 10/15 | €288,147 | €294,360 | +€6,213 | +2.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,582 | €11,795 | +€6,213 | +111.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €3,722 | €9,935 | +€6,213 | +166.9% |
| Profit (loss) carried forward | 14 | €270,166 | €270,166 | = | 0.0% |
| Provisions and deferred taxes | 16 | €26,490 | €26,490 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €26,490 | €26,490 | = | 0.0% |
| Other liabilities and charges | 164/5 | €26,490 | €26,490 | = | 0.0% |
| Amounts payable | 17/49 | €46,017 | €23,535 | -€22,482 | -48.9% |
| Amounts payable after more than one year | 17 | €12,257 | €0 | -€12,257 | -100.0% |
| Financial debts | 170/4 | €12,257 | €0 | -€12,257 | -100.0% |
| Amounts payable within one year | 42/48 | €33,760 | €23,535 | -€10,225 | -30.3% |
| Trade debts | 44 | €26,767 | €13,275 | -€13,493 | -50.4% |
| Suppliers | 440/4 | €26,767 | €13,275 | -€13,493 | -50.4% |
| Taxes, remuneration and social security | 45 | €6,993 | €10,260 | +€3,267 | +46.7% |
| Taxes | 450/3 | €6,993 | €10,260 | +€3,267 | +46.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €668 | €9,204 | +€8,536 | +1277.7% |
| Other operating charges | 640/8 | €387 | €1,956 | +€1,569 | +405.0% |
| Gross operating margin | 9900 | €25,331 | €20,745 | -€4,586 | -18.1% |
| Operating profit (loss) | 9901 | €24,276 | €9,585 | -€14,691 | -60.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €108 | €104 | -€4 | -3.7% |
| Recurring financial charges | 65 | €108 | €104 | -€4 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €24,169 | €9,480 | -€14,688 | -60.8% |
| Income taxes | 67/77 | €20,447 | €3,267 | -€17,180 | -84.0% |
| Profit (loss) for the period | 9904 | €3,722 | €6,213 | +€2,491 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,722 | €6,213 | +€2,491 | +66.9% |
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 6 October 2026 via checked.be.