MEDILEV: 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.
MEDILEV
Largest movements
- Tangible fixed assets +€25,328
up €25,328 (+215.1%), from €11,776 to €37,104
of which Plant, machinery and equipment: +€23,545
- Cash -€16,665
down €16,665 (-50.0%), from €33,298 to €16,633
mainly Contributions, distributions and other (-€134,681) and Investment in fixed assets (net) (-€32,521)
- Receivables within one year -€9,272
down €9,272 (-6.2%), from €150,025 to €140,753
- Reserves -€94,672
down €94,672 (-36.8%), from €257,353 to €162,681
- Other debts +€76,726
up €76,726 (+153.8%), from €49,901 to €126,627
- Current portion of long-term debt +€25,649
up €25,649 (+304.3%), from €8,429 to €34,078
- Tax, wage and social debts -€9,292
down €9,292 (-43.5%), from €21,347 to €12,055
- Gross operating margin -€16,633
down €16,633 (-22.5%), from €73,925 to €57,292
- Taxes -€6,615
down €6,615 (-25.6%), from €25,875 to €19,260
- Financial charges +€1,048
up €1,048 (+68.2%), from €1,537 to €2,586
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 | €366,951 | €367,554 | +€603 | +0.2% |
| Fixed assets | 21/28 | €11,776 | €37,104 | +€25,328 | +215.1% |
| Tangible fixed assets | 22/27 | €11,776 | €37,104 | +€25,328 | +215.1% |
| Plant, machinery and equipment | 23 | €3,300 | €26,845 | +€23,545 | +713.4% |
| Furniture and vehicles | 24 | €669 | - | -€669 | |
| Other tangible fixed assets | 26 | €7,806 | €10,259 | +€2,453 | +31.4% |
| Current assets | 29/58 | €355,175 | €330,450 | -€24,725 | -7.0% |
| Amounts receivable after more than one year | 29 | €141,000 | €141,000 | = | 0.0% |
| Other amounts receivable | 291 | €141,000 | €141,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150,025 | €140,753 | -€9,272 | -6.2% |
| Other amounts receivable | 41 | €150,025 | €140,753 | -€9,272 | -6.2% |
| Current investments | 50/53 | €21,504 | €21,504 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,298 | €16,633 | -€16,665 | -50.0% |
| Deferred charges and accrued income | 490/1 | €9,348 | €10,560 | +€1,212 | +13.0% |
| Total equity and liabilities | 10/49 | €366,951 | €367,554 | +€603 | +0.2% |
| Equity | 10/15 | €284,633 | €189,961 | -€94,672 | -33.3% |
| Contributions | 10/11 | €27,280 | €27,280 | = | 0.0% |
| Reserves | 13 | €257,353 | €162,681 | -€94,672 | -36.8% |
| Distributable reserves | 133 | €257,353 | €162,681 | -€94,672 | -36.8% |
| Amounts payable | 17/49 | €82,318 | €177,593 | +€95,275 | +115.7% |
| Amounts payable within one year | 42/48 | €82,318 | €177,593 | +€95,275 | +115.7% |
| Current portion of amounts payable after more than one year | 42 | €8,429 | €34,078 | +€25,649 | +304.3% |
| Trade debts | 44 | €2,641 | €4,833 | +€2,192 | +83.0% |
| Suppliers | 440/4 | €2,641 | €4,833 | +€2,192 | +83.0% |
| Taxes, remuneration and social security | 45 | €21,347 | €12,055 | -€9,292 | -43.5% |
| Taxes | 450/3 | €21,347 | €12,055 | -€9,292 | -43.5% |
| Other amounts payable | 47/48 | €49,901 | €126,627 | +€76,726 | +153.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,246 | €7,193 | -€53 | -0.7% |
| Other operating charges | 640/8 | €108 | €288 | +€180 | +166.9% |
| Gross operating margin | 9900 | €73,925 | €57,292 | -€16,633 | -22.5% |
| Operating profit (loss) | 9901 | €66,571 | €49,811 | -€16,760 | -25.2% |
| Financial income | 75/76B | €11,401 | €12,044 | +€643 | +5.6% |
| Recurring financial income | 75 | €11,401 | €12,044 | +€643 | +5.6% |
| Financial charges | 65/66B | €1,537 | €2,586 | +€1,048 | +68.2% |
| Recurring financial charges | 65 | €1,537 | €2,586 | +€1,048 | +68.2% |
| Profit (loss) for the period before taxes | 9903 | €76,434 | €59,269 | -€17,165 | -22.5% |
| Income taxes | 67/77 | €25,875 | €19,260 | -€6,615 | -25.6% |
| Profit (loss) for the period | 9904 | €50,559 | €40,008 | -€10,550 | -20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,559 | €40,008 | -€10,550 | -20.9% |
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 3 October 2026 via checked.be.