MEDIMANO: 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.
MEDIMANO
Largest movements
- Receivables within one year +€31,818
up €31,818 (+34.0%), from €93,597 to €125,415
of which Other amounts receivable: +€32,687
- Cash +€27,322
up €27,322 (+16.4%), from €166,175 to €193,497
mainly Net result for the year (+€58,246) and Depreciation (+€22,551)
- Tangible fixed assets -€22,551
down €22,551 (-41.9%), from €53,842 to €31,291
- Receivables after one year -€22,500
down €22,500 (-60.0%), from €37,500 to €15,000
- Reserves +€19,532
up €19,532 (+7.0%), from €277,392 to €296,924
- Debts after one year -€10,394
down €10,394 (-70.2%), from €14,802 to €4,408
- Tax, wage and social debts +€4,133
up €4,133 (+10.2%), from €40,682 to €44,815
of which Taxes: +€2,532
- Gross operating margin -€70,678
down €70,678 (-33.2%), from €213,152 to €142,474
- Taxes -€23,767
down €23,767 (-50.5%), from €47,022 to €23,254
- Staff costs +€4,406
up €4,406 (+11.9%), from €36,981 to €41,387
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 | €355,630 | €370,200 | +€14,571 | +4.1% |
| Fixed assets | 21/28 | €55,757 | €33,206 | -€22,551 | -40.4% |
| Tangible fixed assets | 22/27 | €53,842 | €31,291 | -€22,551 | -41.9% |
| Furniture and vehicles | 24 | €53,842 | €31,291 | -€22,551 | -41.9% |
| Financial fixed assets | 28 | €1,915 | €1,915 | = | 0.0% |
| Current assets | 29/58 | €299,873 | €336,994 | +€37,121 | +12.4% |
| Amounts receivable after more than one year | 29 | €37,500 | €15,000 | -€22,500 | -60.0% |
| Other amounts receivable | 291 | €37,500 | €15,000 | -€22,500 | -60.0% |
| Amounts receivable within one year | 40/41 | €93,597 | €125,415 | +€31,818 | +34.0% |
| Trade receivables | 40 | €43,556 | €42,687 | -€869 | -2.0% |
| Other amounts receivable | 41 | €50,041 | €82,728 | +€32,687 | +65.3% |
| Cash at bank and in hand | 54/58 | €166,175 | €193,497 | +€27,322 | +16.4% |
| Deferred charges and accrued income | 490/1 | €2,602 | €3,083 | +€481 | +18.5% |
| Total equity and liabilities | 10/49 | €355,630 | €370,200 | +€14,571 | +4.1% |
| Equity | 10/15 | €289,792 | €309,324 | +€19,532 | +6.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €277,392 | €296,924 | +€19,532 | +7.0% |
| Distributable reserves | 133 | €277,392 | €296,924 | +€19,532 | +7.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,838 | €60,876 | -€4,962 | -7.5% |
| Amounts payable after more than one year | 17 | €14,802 | €4,408 | -€10,394 | -70.2% |
| Financial debts | 170/4 | €14,802 | €4,408 | -€10,394 | -70.2% |
| Amounts payable within one year | 42/48 | €51,036 | €56,468 | +€5,433 | +10.6% |
| Financial debts | 43 | €10,140 | €10,394 | +€255 | +2.5% |
| Credit institutions | 430/8 | €10,140 | €10,394 | +€255 | +2.5% |
| Trade debts | 44 | €214 | €1,259 | +€1,045 | +487.7% |
| Suppliers | 440/4 | €214 | €1,259 | +€1,045 | +487.7% |
| Taxes, remuneration and social security | 45 | €40,682 | €44,815 | +€4,133 | +10.2% |
| Taxes | 450/3 | €34,852 | €37,384 | +€2,532 | +7.3% |
| Remuneration and social security | 454/9 | €5,830 | €7,430 | +€1,600 | +27.5% |
| Remuneration, social security and pensions | 62 | €36,981 | €41,387 | +€4,406 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,157 | €22,551 | -€606 | -2.6% |
| Other operating charges | 640/8 | €387 | €767 | +€380 | +98.1% |
| Gross operating margin | 9900 | €213,152 | €142,474 | -€70,678 | -33.2% |
| Operating profit (loss) | 9901 | €152,627 | €77,769 | -€74,858 | -49.0% |
| Financial income | 75/76B | €3,693 | €4,280 | +€587 | +15.9% |
| Recurring financial income | 75 | €3,693 | €4,280 | +€587 | +15.9% |
| Financial charges | 65/66B | €798 | €550 | -€249 | -31.1% |
| Recurring financial charges | 65 | €798 | €550 | -€249 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €155,522 | €81,500 | -€74,022 | -47.6% |
| Income taxes | 67/77 | €47,022 | €23,254 | -€23,767 | -50.5% |
| Profit (loss) for the period | 9904 | €108,500 | €58,246 | -€50,255 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,500 | €58,246 | -€50,255 | -46.3% |
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 5 October 2026 via checked.be.