MedImprove: 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.
MedImprove
Largest movements
- Receivables within one year +€434,135
up €434,135 (+1450.0%), from €29,940 to €464,075
of which Trade receivables: +€417,018
- Tangible fixed assets +€391,815
up €391,815 (+45.1%), from €869,551 to €1.3m
of which Furniture and vehicles: +€253,496
- Trade debts +€389,097
up €389,097 (+1337.1%), from €29,101 to €418,198
- Debts after one year +€181,581
up €181,581 (+18.4%), from €984,886 to €1.2m
- Other debts +€156,163
up €156,163 (+3013.9%), from €5,182 to €161,345
- Current portion of long-term debt +€30,765
up €30,765 (+29.8%), from €103,334 to €134,099
- Tax, wage and social debts +€27,674
up €27,674 (+51.9%), from €53,344 to €81,017
of which Taxes: +€18,415
- Gross operating margin +€369,979
up €369,979 (+150.1%), from €246,439 to €616,418
- Depreciation +€102,236
up €102,236 (+337.5%), from €30,292 to €132,528
- Staff costs +€55,093
up €55,093 (+39.5%), from €139,572 to €194,665
- Taxes +€34,340
up €34,340 (+217.1%), from €15,820 to €50,160
- Financial charges +€33,740
up €33,740 (+214.4%), from €15,736 to €49,476
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 | €1,450,645 | €2,262,178 | +€811,533 | +55.9% |
| Fixed assets | 21/28 | €1,144,164 | €1,535,978 | +€391,815 | +34.2% |
| Tangible fixed assets | 22/27 | €869,551 | €1,261,366 | +€391,815 | +45.1% |
| Land and buildings | 22 | €518,070 | €519,693 | +€1,623 | +0.3% |
| Plant, machinery and equipment | 23 | €69,582 | €208,755 | +€139,173 | +200.0% |
| Furniture and vehicles | 24 | €265,940 | €519,436 | +€253,496 | +95.3% |
| Other tangible fixed assets | 26 | €15,959 | €13,482 | -€2,478 | -15.5% |
| Financial fixed assets | 28 | €274,612 | €274,612 | = | 0.0% |
| Current assets | 29/58 | €306,481 | €726,199 | +€419,718 | +136.9% |
| Amounts receivable within one year | 40/41 | €29,940 | €464,075 | +€434,135 | +1450.0% |
| Trade receivables | 40 | €21,325 | €438,343 | +€417,018 | +1955.6% |
| Other amounts receivable | 41 | €8,615 | €25,732 | +€17,116 | +198.7% |
| Cash at bank and in hand | 54/58 | €267,356 | €252,371 | -€14,986 | -5.6% |
| Deferred charges and accrued income | 490/1 | €9,185 | €9,754 | +€570 | +6.2% |
| Total equity and liabilities | 10/49 | €1,450,645 | €2,262,178 | +€811,533 | +55.9% |
| Equity | 10/15 | €274,689 | €301,052 | +€26,363 | +9.6% |
| Contributions | 10/11 | €160,000 | €160,000 | = | 0.0% |
| Reserves | 13 | €114,689 | €141,052 | +€26,363 | +23.0% |
| Distributable reserves | 133 | €114,689 | €141,052 | +€26,363 | +23.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,175,956 | €1,961,126 | +€785,170 | +66.8% |
| Amounts payable after more than one year | 17 | €984,886 | €1,166,467 | +€181,581 | +18.4% |
| Financial debts | 170/4 | €984,886 | €1,166,467 | +€181,581 | +18.4% |
| Amounts payable within one year | 42/48 | €190,960 | €794,659 | +€603,699 | +316.1% |
| Current portion of amounts payable after more than one year | 42 | €103,334 | €134,099 | +€30,765 | +29.8% |
| Trade debts | 44 | €29,101 | €418,198 | +€389,097 | +1337.1% |
| Suppliers | 440/4 | €29,101 | €418,198 | +€389,097 | +1337.1% |
| Taxes, remuneration and social security | 45 | €53,344 | €81,017 | +€27,674 | +51.9% |
| Taxes | 450/3 | €38,818 | €57,234 | +€18,415 | +47.4% |
| Remuneration and social security | 454/9 | €14,525 | €23,784 | +€9,258 | +63.7% |
| Other amounts payable | 47/48 | €5,182 | €161,345 | +€156,163 | +3013.9% |
| Accrued charges and deferred income | 492/3 | €110 | €0 | -€110 | -100.0% |
| Remuneration, social security and pensions | 62 | €139,572 | €194,665 | +€55,093 | +39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,292 | €132,528 | +€102,236 | +337.5% |
| Other operating charges | 640/8 | €668 | €13,226 | +€12,557 | +1879.0% |
| Gross operating margin | 9900 | €246,439 | €616,418 | +€369,979 | +150.1% |
| Operating profit (loss) | 9901 | €75,906 | €275,999 | +€200,093 | +263.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,736 | €49,476 | +€33,740 | +214.4% |
| Recurring financial charges | 65 | €15,736 | €49,476 | +€33,740 | +214.4% |
| Profit (loss) for the period before taxes | 9903 | €60,171 | €226,523 | +€166,352 | +276.5% |
| Income taxes | 67/77 | €15,820 | €50,160 | +€34,340 | +217.1% |
| Profit (loss) for the period | 9904 | €44,351 | €176,363 | +€132,012 | +297.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,351 | €176,363 | +€132,012 | +297.7% |
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 10 October 2026 via checked.be.