Medimage: 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.
Medimage
Largest movements
- Cash +€72,945
up €72,945 (+16.2%), from €449,086 to €522,031
mainly Debts after one year (+€620,437) and Net result for the year (+€192,056)
- Debts after one year +€620,437
new in 2025: €620,437
- Reserves -€496,642
no longer reported in 2025 (was €496,642)
- Tax, wage and social debts -€53,685
down €53,685 (-82.3%), from €65,256 to €11,571
- Gross operating margin -€10,413
down €10,413 (-4.0%), from €262,565 to €252,152
- Taxes -€2,747
down €2,747 (-4.4%), from €62,556 to €59,809
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 | €565,217 | €632,108 | +€66,890 | +11.8% |
| Fixed assets | 21/28 | €525 | - | -€525 | |
| Tangible fixed assets | 22/27 | €525 | - | -€525 | |
| Furniture and vehicles | 24 | €525 | - | -€525 | |
| Current assets | 29/58 | €564,692 | €632,108 | +€67,416 | +11.9% |
| Cash at bank and in hand | 54/58 | €449,086 | €522,031 | +€72,945 | +16.2% |
| Deferred charges and accrued income | 490/1 | €115,606 | €110,077 | -€5,529 | -4.8% |
| Total equity and liabilities | 10/49 | €565,217 | €632,108 | +€66,890 | +11.8% |
| Equity | 10/15 | €496,742 | €100 | -€496,642 | -100.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €496,642 | - | -€496,642 | |
| Distributable reserves | 133 | €496,642 | - | -€496,642 | |
| Amounts payable | 17/49 | €68,475 | €632,008 | +€563,533 | +823% |
| Amounts payable after more than one year | 17 | - | €620,437 | +€620,437 | |
| Other amounts payable | 178/9 | - | €620,437 | +€620,437 | |
| Amounts payable within one year | 42/48 | €68,475 | €11,571 | -€56,904 | -83.1% |
| Taxes, remuneration and social security | 45 | €65,256 | €11,571 | -€53,685 | -82.3% |
| Taxes | 450/3 | €65,256 | €11,571 | -€53,685 | -82.3% |
| Other amounts payable | 47/48 | €3,219 | - | -€3,219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €616 | €525 | -€91 | -14.8% |
| Other operating charges | 640/8 | €326 | €465 | +€139 | +42.7% |
| Gross operating margin | 9900 | €262,565 | €252,152 | -€10,413 | -4.0% |
| Operating profit (loss) | 9901 | €261,623 | €251,162 | -€10,461 | -4.0% |
| Financial income | 75/76B | - | €793 | +€793 | |
| Recurring financial income | 75 | - | €793 | +€793 | |
| Financial charges | 65/66B | €81 | €91 | +€10 | +12.3% |
| Recurring financial charges | 65 | €81 | €91 | +€10 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €261,542 | €251,864 | -€9,678 | -3.7% |
| Income taxes | 67/77 | €62,556 | €59,809 | -€2,747 | -4.4% |
| Profit (loss) for the period | 9904 | €198,986 | €192,056 | -€6,931 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €198,986 | €192,056 | -€6,931 | -3.5% |
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 15 October 2026 via checked.be.