MEDINSAF: 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.
MEDINSAF
Largest movements
- Stocks and contracts -€2,400
down €2,400 (-22.2%), from €10,800 to €8,400
- Cash +€610
up €610 (+116%), from €524 to €1,135
mainly Tax, wage and social debts (+€3,197) and Stocks and contracts (+€2,400)
- Tangible fixed assets -€511
no longer reported in 2025 (was €511)
- Receivables within one year +€446
up €446 (+10.1%), from €4,422 to €4,868
- Trade debts -€7,057
down €7,057 (-51.5%), from €13,695 to €6,639
- Tax, wage and social debts +€3,197
up €3,197 (+44.2%), from €7,234 to €10,431
of which Remuneration and social security: +€1,900
- Profit (loss) carried forward +€2,005
up €2,005 (+23.1%), from -€8,673 to -€6,667
- Purchases and services -€453,138
no longer reported in 2025 (was €453,138)
- Turnover -€449,897
no longer reported in 2025 (was €449,897)
- Gross operating margin +€6,984
up €6,984, from -€3,241 to €3,744
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 | €16,257 | €14,403 | -€1,854 | -11.4% |
| Fixed assets | 21/28 | €511 | - | -€511 | |
| Tangible fixed assets | 22/27 | €511 | - | -€511 | |
| Plant, machinery and equipment | 23 | €511 | - | -€511 | |
| Current assets | 29/58 | €15,746 | €14,403 | -€1,343 | -8.5% |
| Stocks and contracts in progress | 3 | €10,800 | €8,400 | -€2,400 | -22.2% |
| Stocks | 30/36 | €10,800 | €8,400 | -€2,400 | -22.2% |
| Amounts receivable within one year | 40/41 | €4,422 | €4,868 | +€446 | +10.1% |
| Other amounts receivable | 41 | €4,422 | €4,868 | +€446 | +10.1% |
| Cash at bank and in hand | 54/58 | €524 | €1,135 | +€610 | +116% |
| Total equity and liabilities | 10/49 | €16,257 | €14,403 | -€1,854 | -11.4% |
| Equity | 10/15 | -€4,673 | -€2,667 | +€2,005 | +42.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,673 | -€6,667 | +€2,005 | +23.1% |
| Amounts payable | 17/49 | €20,930 | €17,070 | -€3,860 | -18.4% |
| Amounts payable within one year | 42/48 | €20,930 | €17,070 | -€3,860 | -18.4% |
| Trade debts | 44 | €13,695 | €6,639 | -€7,057 | -51.5% |
| Suppliers | 440/4 | €13,695 | €6,639 | -€7,057 | -51.5% |
| Taxes, remuneration and social security | 45 | €7,234 | €10,431 | +€3,197 | +44.2% |
| Taxes | 450/3 | €334 | €1,631 | +€1,297 | +388% |
| Remuneration and social security | 454/9 | €6,900 | €8,800 | +€1,900 | +27.5% |
| Turnover | 70 | €449,897 | - | -€449,897 | |
| Goods, raw materials, services and sundry goods | 60/61 | €453,138 | - | -€453,138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €511 | €511 | = | 0.0% |
| Other operating charges | 640/8 | €1,686 | €833 | -€852 | -50.6% |
| Gross operating margin | 9900 | -€3,241 | €3,744 | +€6,984 | |
| Operating profit (loss) | 9901 | -€5,438 | €2,399 | +€7,837 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €205 | €394 | +€189 | +92.4% |
| Recurring financial charges | 65 | €205 | €394 | +€189 | +92.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,642 | €2,005 | +€7,647 | |
| Profit (loss) for the period | 9904 | -€5,642 | €2,005 | +€7,647 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,642 | €2,005 | +€7,647 |
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 29 October 2026 via checked.be.