MEDIMAJO: 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.
MEDIMAJO
Largest movements
- Cash +€218,686
up €218,686 (+2,569%), from €8,513 to €227,199
mainly Net result for the year (+€143,902) and Tax, wage and social debts (+€52,936)
- Receivables within one year -€30,659
no longer reported in 2024 (was €30,659)
- Tangible fixed assets -€4,350
down €4,350 (-11.1%), from €39,148 to €34,798
- Reserves +€143,902
up €143,902 (+1,008%), from €14,283 to €158,185
- Tax, wage and social debts +€52,936
up €52,936 (+644%), from €8,223 to €61,159
of which Taxes: +€55,936
- Other debts -€13,662
down €13,662 (-67.1%), from €20,374 to €6,712
- Trade debts +€5,471
up €5,471 (+722%), from €758 to €6,229
- Debts after one year -€4,567
down €4,567 (-17.4%), from €26,174 to €21,607
- Gross operating margin +€180,066
up €180,066 (+706%), from €25,521 to €205,587
- Taxes +€49,777
up €49,777 (+953%), from €5,223 to €55,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,320 | €261,997 | +€183,677 | +235% |
| Fixed assets | 21/28 | €39,148 | €34,798 | -€4,350 | -11.1% |
| Tangible fixed assets | 22/27 | €39,148 | €34,798 | -€4,350 | -11.1% |
| Leasing and similar rights | 25 | €39,148 | €34,798 | -€4,350 | -11.1% |
| Current assets | 29/58 | €39,172 | €227,199 | +€188,027 | +480% |
| Amounts receivable within one year | 40/41 | €30,659 | - | -€30,659 | |
| Trade receivables | 40 | €30,659 | - | -€30,659 | |
| Cash at bank and in hand | 54/58 | €8,513 | €227,199 | +€218,686 | +2,569% |
| Total equity and liabilities | 10/49 | €78,320 | €261,997 | +€183,677 | +235% |
| Equity | 10/15 | €17,283 | €161,185 | +€143,902 | +833% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,283 | €158,185 | +€143,902 | +1,008% |
| Distributable reserves | 133 | €14,283 | €158,185 | +€143,902 | +1,008% |
| Amounts payable | 17/49 | €61,037 | €100,812 | +€39,775 | +65.2% |
| Amounts payable after more than one year | 17 | €26,174 | €21,607 | -€4,567 | -17.4% |
| Financial debts | 170/4 | €26,174 | €21,607 | -€4,567 | -17.4% |
| Amounts payable within one year | 42/48 | €34,863 | €79,205 | +€44,342 | +127% |
| Current portion of amounts payable after more than one year | 42 | €5,508 | €5,105 | -€403 | -7.3% |
| Trade debts | 44 | €758 | €6,229 | +€5,471 | +722% |
| Suppliers | 440/4 | €758 | €6,229 | +€5,471 | +722% |
| Taxes, remuneration and social security | 45 | €8,223 | €61,159 | +€52,936 | +644% |
| Taxes | 450/3 | €5,223 | €61,159 | +€55,936 | +1,071% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €20,374 | €6,712 | -€13,662 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,350 | €4,350 | = | 0.0% |
| Other operating charges | 640/8 | €564 | €528 | -€36 | -6.4% |
| Gross operating margin | 9900 | €25,521 | €205,587 | +€180,066 | +706% |
| Operating profit (loss) | 9901 | €20,607 | €200,709 | +€180,102 | +874% |
| Financial charges | 65/66B | €1,101 | €1,807 | +€706 | +64.1% |
| Recurring financial charges | 65 | €1,101 | €1,807 | +€706 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €19,506 | €198,902 | +€179,396 | +920% |
| Income taxes | 67/77 | €5,223 | €55,000 | +€49,777 | +953% |
| Profit (loss) for the period | 9904 | €14,283 | €143,902 | +€129,619 | +908% |
| Profit (loss) for the period to be appropriated | 9905 | €14,283 | €143,902 | +€129,619 | +908% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.