MEDIMA: 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.
MEDIMA
Largest movements
- Tangible fixed assets +€92,728
up €92,728 (+12.4%), from €750,109 to €842,837
- Receivables within one year -€35,000
no longer reported in 2025 (was €35,000)
- Debts after one year +€99,984
up €99,984 (+23.4%), from €427,897 to €527,881
- Profit (loss) carried forward -€41,812
down €41,812 (-13.8%), from €302,836 to €261,025
- Depreciation +€32,055
up €32,055 (+64.7%), from €49,544 to €81,599
- Gross operating margin -€30,479
down €30,479 (-35.3%), from €86,295 to €55,816
- Financial charges -€9,387
down €9,387 (-48.4%), from €19,376 to €9,989
- Staff costs +€3,583
up €3,583, from €0 to €3,583
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 | €952,965 | €1,007,280 | +€54,316 | +5.7% |
| Fixed assets | 21/28 | €750,109 | €842,837 | +€92,728 | +12.4% |
| Tangible fixed assets | 22/27 | €750,109 | €842,837 | +€92,728 | +12.4% |
| Land and buildings | 22 | €750,109 | €842,837 | +€92,728 | +12.4% |
| Current assets | 29/58 | €202,855 | €164,443 | -€38,412 | -18.9% |
| Amounts receivable after more than one year | 29 | €160,110 | €160,110 | = | 0.0% |
| Other amounts receivable | 291 | €160,110 | €160,110 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,000 | - | -€35,000 | |
| Other amounts receivable | 41 | €35,000 | - | -€35,000 | |
| Cash at bank and in hand | 54/58 | €6,170 | €2,758 | -€3,412 | -55.3% |
| Deferred charges and accrued income | 490/1 | €1,575 | €1,575 | = | 0.0% |
| Total equity and liabilities | 10/49 | €952,965 | €1,007,280 | +€54,316 | +5.7% |
| Equity | 10/15 | €323,736 | €281,925 | -€41,812 | -12.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €302,836 | €261,025 | -€41,812 | -13.8% |
| Amounts payable | 17/49 | €629,228 | €725,355 | +€96,127 | +15.3% |
| Amounts payable after more than one year | 17 | €427,897 | €527,881 | +€99,984 | +23.4% |
| Financial debts | 170/4 | €427,897 | €527,881 | +€99,984 | +23.4% |
| Amounts payable within one year | 42/48 | €201,331 | €197,474 | -€3,857 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €74,679 | €76,172 | +€1,493 | +2.0% |
| Financial debts | 43 | €59,799 | €59,135 | -€664 | -1.1% |
| Credit institutions | 430/8 | €59,799 | €59,135 | -€664 | -1.1% |
| Trade debts | 44 | €9,950 | €5,264 | -€4,686 | -47.1% |
| Suppliers | 440/4 | €9,950 | €5,264 | -€4,686 | -47.1% |
| Other amounts payable | 47/48 | €56,903 | €56,903 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | €3,583 | +€3,583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,544 | €81,599 | +€32,055 | +64.7% |
| Other operating charges | 640/8 | €2,177 | €2,516 | +€339 | +15.6% |
| Gross operating margin | 9900 | €86,295 | €55,816 | -€30,479 | -35.3% |
| Operating profit (loss) | 9901 | €34,574 | -€31,882 | -€66,456 | |
| Financial income | 75/76B | - | €59 | +€59 | |
| Recurring financial income | 75 | - | €59 | +€59 | |
| Non-recurring financial income | 76B | - | €59 | +€59 | |
| Financial charges | 65/66B | €19,376 | €9,989 | -€9,387 | -48.4% |
| Recurring financial charges | 65 | €19,376 | €9,989 | -€9,387 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €15,199 | -€41,812 | -€57,010 | |
| Profit (loss) for the period | 9904 | €15,199 | -€41,812 | -€57,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,199 | -€41,812 | -€57,010 |
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 28 September 2026 via checked.be.