MEDIM: 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.
MEDIM
Largest movements
- Tangible fixed assets -€11,399
down €11,399 (-1.1%), from €1.1m to €1.1m
of which Land and buildings: -€10,507
- Profit (loss) carried forward -€28,365
down €28,365 (-9.9%), from €287,692 to €259,327
- Other debts +€14,460
up €14,460 (+4.2%), from €348,131 to €362,591
- Trade debts +€11,985
up €11,985 (+86.0%), from €13,934 to €25,919
- Gross operating margin -€18,095
down €18,095 (-31.8%), from €56,880 to €38,785
- Depreciation -€6,892
down €6,892 (-16.8%), from €41,036 to €34,144
- Staff costs -€4,104
down €4,104 (-99.5%), from €4,125 to €21
- Other operating charges +€1,917
up €1,917 (+18.3%), from €10,484 to €12,402
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 | €1,118,287 | €1,111,108 | -€7,179 | -0.6% |
| Fixed assets | 21/28 | €1,076,381 | €1,064,982 | -€11,399 | -1.1% |
| Tangible fixed assets | 22/27 | €1,076,381 | €1,064,982 | -€11,399 | -1.1% |
| Land and buildings | 22 | €1,063,885 | €1,053,378 | -€10,507 | -1.0% |
| Plant, machinery and equipment | 23 | €12,496 | €11,604 | -€892 | -7.1% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €41,906 | €46,126 | +€4,220 | +10.1% |
| Amounts receivable within one year | 40/41 | €30,383 | €25,030 | -€5,354 | -17.6% |
| Trade receivables | 40 | €383 | - | -€383 | |
| Other amounts receivable | 41 | €30,000 | €25,030 | -€4,970 | -16.6% |
| Cash at bank and in hand | 54/58 | €6,922 | €16,535 | +€9,613 | +139% |
| Deferred charges and accrued income | 490/1 | €4,601 | €4,561 | -€40 | -0.9% |
| Total equity and liabilities | 10/49 | €1,118,287 | €1,111,108 | -€7,179 | -0.6% |
| Equity | 10/15 | €728,042 | €696,508 | -€31,534 | -4.3% |
| Contributions | 10/11 | €185,920 | €185,920 | = | 0.0% |
| Reserves | 13 | €254,430 | €251,261 | -€3,169 | -1.2% |
| Tax-exempt reserves | 132 | €23,838 | €20,669 | -€3,169 | -13.3% |
| Distributable reserves | 133 | €230,592 | €230,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €287,692 | €259,327 | -€28,365 | -9.9% |
| Provisions and deferred taxes | 16 | €12,715 | €11,083 | -€1,632 | -12.8% |
| Provisions for liabilities and charges | 160/5 | - | €440 | +€440 | |
| Other liabilities and charges | 164/5 | - | €440 | +€440 | |
| Deferred taxes | 168 | €12,715 | €10,643 | -€2,072 | -16.3% |
| Amounts payable | 17/49 | €377,530 | €403,517 | +€25,986 | +6.9% |
| Amounts payable within one year | 42/48 | €362,066 | €389,010 | +€26,944 | +7.4% |
| Trade debts | 44 | €13,934 | €25,919 | +€11,985 | +86.0% |
| Suppliers | 440/4 | €13,934 | €25,919 | +€11,985 | +86.0% |
| Advances received on contracts in progress | 46 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €348,131 | €362,591 | +€14,460 | +4.2% |
| Accrued charges and deferred income | 492/3 | €15,465 | €14,507 | -€958 | -6.2% |
| Remuneration, social security and pensions | 62 | €4,125 | €21 | -€4,104 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,036 | €34,144 | -€6,892 | -16.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,500 | €11,018 | +€518 | +4.9% |
| Other operating charges | 640/8 | €10,484 | €12,402 | +€1,917 | +18.3% |
| Gross operating margin | 9900 | €56,880 | €38,785 | -€18,095 | -31.8% |
| Operating profit (loss) | 9901 | -€9,265 | -€18,800 | -€9,535 | -103% |
| Financial income | 75/76B | €193 | €99 | -€94 | -48.5% |
| Recurring financial income | 75 | €193 | €99 | -€94 | -48.5% |
| Financial charges | 65/66B | €14,755 | €14,524 | -€231 | -1.6% |
| Recurring financial charges | 65 | €14,755 | €14,524 | -€231 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,826 | -€33,224 | -€9,397 | -39.4% |
| Transfer from deferred taxes | 780 | €1,632 | €1,632 | = | 0.0% |
| Income taxes | 67/77 | €58 | -€58 | -€116 | |
| Profit (loss) for the period | 9904 | -€22,253 | -€31,534 | -€9,281 | -41.7% |
| Transfer from tax-exempt reserves | 789 | €3,169 | €3,169 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,084 | -€28,365 | -€9,281 | -48.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.