MEDIM: 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.
MEDIM
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+184.4%), from €566,997 to €1.6m
- Cash +€105,805
up €105,805 (+40.4%), from €262,057 to €367,863
mainly Contributions, distributions and other (+€987,635) and Trade debts (+€91,747)
- Revaluation surpluses +€987,635
new in 2025: €987,635
- Trade debts +€91,747
up €91,747 (+1391.5%), from €6,594 to €98,341
- Profit (loss) carried forward +€81,095
up €81,095 (+27.5%), from €295,020 to €376,115
- Gross operating margin +€15,669
up €15,669 (+11.2%), from €139,942 to €155,610
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 | €834,036 | €1,995,342 | +€1.2m | +139.2% |
| Fixed assets | 21/28 | €566,997 | €1,612,425 | +€1.0m | +184.4% |
| Tangible fixed assets | 22/27 | €566,997 | €1,612,425 | +€1.0m | +184.4% |
| Land and buildings | 22 | €566,997 | €1,612,425 | +€1.0m | +184.4% |
| Current assets | 29/58 | €267,039 | €382,917 | +€115,878 | +43.4% |
| Amounts receivable within one year | 40/41 | €225 | €225 | = | 0.0% |
| Other amounts receivable | 41 | €225 | €225 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €262,057 | €367,863 | +€105,805 | +40.4% |
| Deferred charges and accrued income | 490/1 | €4,757 | €14,830 | +€10,073 | +211.7% |
| Total equity and liabilities | 10/49 | €834,036 | €1,995,342 | +€1.2m | +139.2% |
| Equity | 10/15 | €515,893 | €1,584,623 | +€1.1m | +207.2% |
| Contributions | 10/11 | €200,794 | €200,794 | = | 0.0% |
| Capital | 10 | €200,794 | €200,794 | = | 0.0% |
| Issued capital | 100 | €200,794 | €200,794 | = | 0.0% |
| Revaluation surpluses | 12 | - | €987,635 | +€987,635 | |
| Reserves | 13 | €20,079 | €20,079 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,079 | €20,079 | = | 0.0% |
| Legal reserve | 130 | €20,079 | €20,079 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,020 | €376,115 | +€81,095 | +27.5% |
| Amounts payable | 17/49 | €318,144 | €410,719 | +€92,576 | +29.1% |
| Amounts payable after more than one year | 17 | €310,000 | €310,000 | = | 0.0% |
| Financial debts | 170/4 | €310,000 | €310,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,594 | €99,169 | +€92,576 | +1404.0% |
| Trade debts | 44 | €6,594 | €98,341 | +€91,747 | +1391.5% |
| Suppliers | 440/4 | €6,594 | €98,341 | +€91,747 | +1391.5% |
| Taxes, remuneration and social security | 45 | - | €829 | +€829 | |
| Taxes | 450/3 | - | €829 | +€829 | |
| Accrued charges and deferred income | 492/3 | €1,550 | €1,550 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,360 | €38,298 | -€62 | -0.2% |
| Other operating charges | 640/8 | €9,930 | €10,825 | +€895 | +9.0% |
| Gross operating margin | 9900 | €139,942 | €155,610 | +€15,669 | +11.2% |
| Operating profit (loss) | 9901 | €91,652 | €106,487 | +€14,836 | +16.2% |
| Financial charges | 65/66B | €550 | €1,564 | +€1,014 | +184.3% |
| Recurring financial charges | 65 | €550 | €1,564 | +€1,014 | +184.3% |
| Profit (loss) for the period before taxes | 9903 | €91,102 | €104,924 | +€13,822 | +15.2% |
| Income taxes | 67/77 | €22,775 | €23,829 | +€1,053 | +4.6% |
| Profit (loss) for the period | 9904 | €68,326 | €81,095 | +€12,769 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,326 | €81,095 | +€12,769 | +18.7% |
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 7 October 2026 via checked.be.