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
- Receivables within one year -€272,551
down €272,551 (-83.0%), from €328,495 to €55,944
of which Trade receivables: -€268,548
- Tangible fixed assets -€24,586
down €24,586 (-1.4%), from €1.8m to €1.8m
- Other debts -€421,051
down €421,051 (-54.0%), from €779,540 to €358,490
- Reserves +€167,431
up €167,431 (+44.2%), from €378,728 to €546,160
- Debts after one year -€63,698
down €63,698 (-8.7%), from €731,510 to €667,812
- Taxes +€45,080
up €45,080 (+350%), from €12,890 to €57,970
- Financial charges -€11,498
down €11,498 (-26.1%), from €44,072 to €32,575
- Other operating charges +€7,197
up €7,197 (+81.9%), from €8,790 to €15,987
- Gross operating margin -€5,174
down €5,174 (-1.5%), from €355,110 to €349,936
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 | €2,200,868 | €1,893,011 | -€307,857 | -14.0% |
| Fixed assets | 21/28 | €1,819,526 | €1,794,940 | -€24,586 | -1.4% |
| Tangible fixed assets | 22/27 | €1,819,526 | €1,794,940 | -€24,586 | -1.4% |
| Land and buildings | 22 | €1,819,526 | €1,794,940 | -€24,586 | -1.4% |
| Current assets | 29/58 | €381,342 | €98,071 | -€283,271 | -74.3% |
| Amounts receivable within one year | 40/41 | €328,495 | €55,944 | -€272,551 | -83.0% |
| Trade receivables | 40 | €317,137 | €48,589 | -€268,548 | -84.7% |
| Other amounts receivable | 41 | €11,358 | €7,355 | -€4,003 | -35.2% |
| Cash at bank and in hand | 54/58 | €52,847 | €40,206 | -€12,641 | -23.9% |
| Deferred charges and accrued income | 490/1 | - | €1,921 | +€1,921 | |
| Total equity and liabilities | 10/49 | €2,200,868 | €1,893,011 | -€307,857 | -14.0% |
| Equity | 10/15 | €598,728 | €766,160 | +€167,431 | +28.0% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €378,728 | €546,160 | +€167,431 | +44.2% |
| Distributable reserves | 133 | €378,728 | €546,160 | +€167,431 | +44.2% |
| Amounts payable | 17/49 | €1,602,139 | €1,126,851 | -€475,288 | -29.7% |
| Amounts payable after more than one year | 17 | €731,510 | €667,812 | -€63,698 | -8.7% |
| Financial debts | 170/4 | €731,510 | €667,812 | -€63,698 | -8.7% |
| Amounts payable within one year | 42/48 | €863,229 | €451,640 | -€411,590 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €63,254 | €63,698 | +€444 | +0.7% |
| Financial debts | 43 | - | €12,542 | +€12,542 | |
| Credit institutions | 430/8 | - | €12,542 | +€12,542 | |
| Trade debts | 44 | €4,239 | €3,321 | -€919 | -21.7% |
| Suppliers | 440/4 | €4,239 | €3,321 | -€919 | -21.7% |
| Taxes, remuneration and social security | 45 | €16,195 | €13,589 | -€2,607 | -16.1% |
| Taxes | 450/3 | €13,995 | €13,589 | -€407 | -2.9% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €779,540 | €358,490 | -€421,051 | -54.0% |
| Accrued charges and deferred income | 492/3 | €7,400 | €7,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,498 | €75,973 | +€1,475 | +2.0% |
| Other operating charges | 640/8 | €8,790 | €15,987 | +€7,197 | +81.9% |
| Gross operating margin | 9900 | €355,110 | €349,936 | -€5,174 | -1.5% |
| Operating profit (loss) | 9901 | €271,822 | €257,976 | -€13,846 | -5.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €44,072 | €32,575 | -€11,498 | -26.1% |
| Recurring financial charges | 65 | €44,072 | €32,575 | -€11,498 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €227,750 | €225,401 | -€2,349 | -1.0% |
| Income taxes | 67/77 | €12,890 | €57,970 | +€45,080 | +350% |
| Profit (loss) for the period | 9904 | €214,860 | €167,431 | -€47,429 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €214,860 | €167,431 | -€47,429 | -22.1% |
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 13 October 2026 via checked.be.