MEDILOC: 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.
MEDILOC
Largest movements
- Cash -€17,840
down €17,840 (-15.3%), from €116,920 to €99,080
mainly Other debts (-€61,716) and Receivables within one year (-€11,424)
- Receivables within one year +€11,424
up €11,424 (+33.8%), from €33,770 to €45,195
of which Other amounts receivable: +€8,312
- Tangible fixed assets -€9,400
down €9,400 (-7.6%), from €123,977 to €114,577
of which Other tangible fixed assets: -€5,963
- Other debts -€61,716
down €61,716 (-55.4%), from €111,414 to €49,698
- Reserves +€49,000
up €49,000 (+51.6%), from €95,000 to €144,000
- Debts after one year -€6,667
down €6,667 (-56.3%), from €11,844 to €5,178
- Accrued charges and deferred income +€5,964
new in 2025: €5,964
- Current portion of long-term debt -€4,499
down €4,499 (-40.3%), from €11,166 to €6,667
- Gross operating margin -€12,165
down €12,165 (-12.3%), from €98,516 to €86,351
- Financial charges -€5,099
down €5,099 (-41.5%), from €12,273 to €7,175
- Taxes -€2,074
down €2,074 (-10.1%), from €20,469 to €18,396
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 | €278,545 | €261,361 | -€17,184 | -6.2% |
| Fixed assets | 21/28 | €123,977 | €114,577 | -€9,400 | -7.6% |
| Tangible fixed assets | 22/27 | €123,977 | €114,577 | -€9,400 | -7.6% |
| Land and buildings | 22 | €111,247 | €107,810 | -€3,437 | -3.1% |
| Other tangible fixed assets | 26 | €12,730 | €6,767 | -€5,963 | -46.8% |
| Current assets | 29/58 | €154,568 | €146,784 | -€7,784 | -5.0% |
| Amounts receivable within one year | 40/41 | €33,770 | €45,195 | +€11,424 | +33.8% |
| Trade receivables | 40 | €18,447 | €21,559 | +€3,112 | +16.9% |
| Other amounts receivable | 41 | €15,323 | €23,635 | +€8,312 | +54.2% |
| Current investments | 50/53 | €47 | - | -€47 | |
| Cash at bank and in hand | 54/58 | €116,920 | €99,080 | -€17,840 | -15.3% |
| Deferred charges and accrued income | 490/1 | €3,831 | €2,509 | -€1,322 | -34.5% |
| Total equity and liabilities | 10/49 | €278,545 | €261,361 | -€17,184 | -6.2% |
| Equity | 10/15 | €140,374 | €189,387 | +€49,012 | +34.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €95,000 | €144,000 | +€49,000 | +51.6% |
| Distributable reserves | 133 | €95,000 | €144,000 | +€49,000 | +51.6% |
| Profit (loss) carried forward | 14 | €40,374 | €40,387 | +€12 | 0.0% |
| Amounts payable | 17/49 | €138,170 | €71,974 | -€66,197 | -47.9% |
| Amounts payable after more than one year | 17 | €11,844 | €5,178 | -€6,667 | -56.3% |
| Financial debts | 170/4 | €11,844 | €5,178 | -€6,667 | -56.3% |
| Amounts payable within one year | 42/48 | €126,326 | €60,832 | -€65,494 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €11,166 | €6,667 | -€4,499 | -40.3% |
| Trade debts | 44 | €1,826 | €4,468 | +€2,641 | +144.6% |
| Suppliers | 440/4 | €1,826 | €4,468 | +€2,641 | +144.6% |
| Taxes, remuneration and social security | 45 | €1,920 | - | -€1,920 | |
| Remuneration and social security | 454/9 | €1,920 | - | -€1,920 | |
| Other amounts payable | 47/48 | €111,414 | €49,698 | -€61,716 | -55.4% |
| Accrued charges and deferred income | 492/3 | - | €5,964 | +€5,964 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,016 | €9,400 | -€616 | -6.1% |
| Other operating charges | 640/8 | €2,769 | €2,369 | -€401 | -14.5% |
| Gross operating margin | 9900 | €98,516 | €86,351 | -€12,165 | -12.3% |
| Operating profit (loss) | 9901 | €85,731 | €74,582 | -€11,149 | -13.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +191.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +191.7% |
| Financial charges | 65/66B | €12,273 | €7,175 | -€5,099 | -41.5% |
| Recurring financial charges | 65 | €12,273 | €7,175 | -€5,099 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €73,458 | €67,408 | -€6,050 | -8.2% |
| Income taxes | 67/77 | €20,469 | €18,396 | -€2,074 | -10.1% |
| Profit (loss) for the period | 9904 | €52,988 | €49,012 | -€3,976 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,988 | €49,012 | -€3,976 | -7.5% |
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 9 October 2026 via checked.be.