MEDINA SERVICES: 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.
MEDINA SERVICES
Largest movements
- Cash -€15,055
down €15,055 (-84.5%), from €17,823 to €2,768
mainly Receivables within one year (-€12,176) and Other debts (-€4,859)
- Receivables within one year +€12,176
up €12,176 (+17.9%), from €68,018 to €80,194
of which Trade receivables: +€14,551
- Other debts -€4,859
down €4,859 (-7.3%), from €66,124 to €61,265
- Trade debts +€3,110
up €3,110 (+44.1%), from €7,059 to €10,169
- Profit (loss) carried forward -€1,216
down €1,216 (-7.8%), from €15,539 to €14,323
- Gross operating margin -€11,491
down €11,491 (-70.2%), from €16,379 to €4,888
- Taxes +€2,953
new in 2025: €2,953
- Depreciation +€975
up €975 (+158%), from €618 to €1,593
- Staff costs +€347
up €347 (+123%), from €282 to €629
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 | €88,916 | €85,950 | -€2,966 | -3.3% |
| Fixed assets | 21/28 | €3,075 | €2,988 | -€87 | -2.8% |
| Tangible fixed assets | 22/27 | €3,075 | €2,988 | -€87 | -2.8% |
| Plant, machinery and equipment | 23 | - | €1,144 | +€1,144 | |
| Furniture and vehicles | 24 | €3,075 | €1,844 | -€1,231 | -40.0% |
| Current assets | 29/58 | €85,841 | €82,962 | -€2,879 | -3.4% |
| Amounts receivable within one year | 40/41 | €68,018 | €80,194 | +€12,176 | +17.9% |
| Trade receivables | 40 | €63,790 | €78,341 | +€14,551 | +22.8% |
| Other amounts receivable | 41 | €4,229 | €1,853 | -€2,376 | -56.2% |
| Cash at bank and in hand | 54/58 | €17,823 | €2,768 | -€15,055 | -84.5% |
| Total equity and liabilities | 10/49 | €88,916 | €85,950 | -€2,966 | -3.3% |
| Equity | 10/15 | €15,539 | €14,323 | -€1,216 | -7.8% |
| Profit (loss) carried forward | 14 | €15,539 | €14,323 | -€1,216 | -7.8% |
| Amounts payable | 17/49 | €73,376 | €71,627 | -€1,749 | -2.4% |
| Amounts payable within one year | 42/48 | €73,376 | €71,627 | -€1,749 | -2.4% |
| Trade debts | 44 | €7,059 | €10,169 | +€3,110 | +44.1% |
| Suppliers | 440/4 | €7,059 | €10,169 | +€3,110 | +44.1% |
| Taxes, remuneration and social security | 45 | €193 | €193 | -€0 | -0.1% |
| Taxes | 450/3 | €193 | €193 | -€0 | -0.1% |
| Other amounts payable | 47/48 | €66,124 | €61,265 | -€4,859 | -7.3% |
| Remuneration, social security and pensions | 62 | €282 | €629 | +€347 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €618 | €1,593 | +€975 | +158% |
| Other operating charges | 640/8 | €645 | €742 | +€97 | +15.1% |
| Gross operating margin | 9900 | €16,379 | €4,888 | -€11,491 | -70.2% |
| Operating profit (loss) | 9901 | €14,835 | €1,924 | -€12,911 | -87.0% |
| Financial charges | 65/66B | €69 | €186 | +€117 | +171% |
| Recurring financial charges | 65 | €69 | €186 | +€117 | +171% |
| Profit (loss) for the period before taxes | 9903 | €14,766 | €1,738 | -€13,028 | -88.2% |
| Income taxes | 67/77 | - | €2,953 | +€2,953 | |
| Profit (loss) for the period | 9904 | €14,766 | -€1,215 | -€15,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,766 | -€1,215 | -€15,981 |
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 31 October 2026 via checked.be.