MEDIMAY: 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.
MEDIMAY
Largest movements
- Cash +€243,336
up €243,336 (+66.1%), from €368,182 to €611,518
mainly Net result for the year (+€259,747) and Depreciation (+€12,310)
- Receivables within one year +€27,936
up €27,936 (+442.5%), from €6,313 to €34,249
of which Other amounts receivable: +€27,186
- Tangible fixed assets -€12,310
down €12,310 (-23.7%), from €51,835 to €39,525
- Profit (loss) carried forward +€259,747
up €259,747 (+63.3%), from €410,544 to €670,292
- Taxes -€12,289
down €12,289 (-12.0%), from €102,289 to €90,000
- Gross operating margin -€9,433
down €9,433 (-2.5%), from €373,028 to €363,596
- Other operating charges -€5,119
down €5,119 (-66.6%), from €7,683 to €2,565
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 | €426,330 | €685,292 | +€258,962 | +60.7% |
| Fixed assets | 21/28 | €51,835 | €39,525 | -€12,310 | -23.7% |
| Tangible fixed assets | 22/27 | €51,835 | €39,525 | -€12,310 | -23.7% |
| Furniture and vehicles | 24 | €51,835 | €39,525 | -€12,310 | -23.7% |
| Current assets | 29/58 | €374,495 | €645,766 | +€271,271 | +72.4% |
| Amounts receivable within one year | 40/41 | €6,313 | €34,249 | +€27,936 | +442.5% |
| Trade receivables | 40 | - | €750 | +€750 | |
| Other amounts receivable | 41 | €6,313 | €33,499 | +€27,186 | +430.6% |
| Cash at bank and in hand | 54/58 | €368,182 | €611,518 | +€243,336 | +66.1% |
| Total equity and liabilities | 10/49 | €426,330 | €685,292 | +€258,962 | +60.7% |
| Equity | 10/15 | €425,544 | €685,292 | +€259,747 | +61.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €410,544 | €670,292 | +€259,747 | +63.3% |
| Amounts payable | 17/49 | €786 | - | -€786 | |
| Amounts payable within one year | 42/48 | €786 | - | -€786 | |
| Trade debts | 44 | €786 | - | -€786 | |
| Suppliers | 440/4 | €786 | - | -€786 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,713 | €12,310 | +€2,597 | +26.7% |
| Other operating charges | 640/8 | €7,683 | €2,565 | -€5,119 | -66.6% |
| Gross operating margin | 9900 | €373,028 | €363,596 | -€9,433 | -2.5% |
| Operating profit (loss) | 9901 | €355,633 | €348,721 | -€6,911 | -1.9% |
| Financial income | 75/76B | €191 | €1,080 | +€888 | +464.4% |
| Recurring financial income | 75 | €191 | €1,080 | +€888 | +464.4% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.7% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €355,773 | €349,747 | -€6,026 | -1.7% |
| Income taxes | 67/77 | €102,289 | €90,000 | -€12,289 | -12.0% |
| Profit (loss) for the period | 9904 | €253,484 | €259,747 | +€6,264 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €253,484 | €259,747 | +€6,264 | +2.5% |
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 8 October 2026 via checked.be.