MEDINUT: 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.
MEDINUT
Largest movements
- Cash +€23,026
up €23,026 (+46.5%), from €49,528 to €72,554
mainly Provisions (+€64,897) and Depreciation (+€457)
- Receivables within one year +€1,999
up €1,999 (+21.2%), from €9,436 to €11,435
of which Other amounts receivable: +€1,792
- Provisions +€64,897
new in 2025: €64,897
- Profit (loss) carried forward -€33,703
down €33,703 (-242%), from -€13,908 to -€47,611
- Other debts -€4,426
down €4,426 (-61.2%), from €7,237 to €2,811
- Tax, wage and social debts -€1,840
down €1,840 (-12.4%), from €14,844 to €13,004
of which Taxes: -€1,840
- Provisions +€64,897
new in 2025: €64,897
- Gross operating margin -€1,210
down €1,210 (-2.9%), from €41,638 to €40,429
- Taxes -€1,068
down €1,068 (-11.5%), from €9,276 to €8,208
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 | €60,071 | €84,640 | +€24,569 | +40.9% |
| Fixed assets | 21/28 | €1,108 | €651 | -€457 | -41.2% |
| Tangible fixed assets | 22/27 | €1,108 | €651 | -€457 | -41.2% |
| Furniture and vehicles | 24 | €1,108 | €651 | -€457 | -41.2% |
| Current assets | 29/58 | €58,963 | €83,988 | +€25,025 | +42.4% |
| Amounts receivable within one year | 40/41 | €9,436 | €11,435 | +€1,999 | +21.2% |
| Trade receivables | 40 | €9,436 | €9,643 | +€207 | +2.2% |
| Other amounts receivable | 41 | €0 | €1,792 | +€1,792 | |
| Cash at bank and in hand | 54/58 | €49,528 | €72,554 | +€23,026 | +46.5% |
| Total equity and liabilities | 10/49 | €60,071 | €84,640 | +€24,569 | +40.9% |
| Equity | 10/15 | €35,867 | €2,164 | -€33,703 | -94.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,175 | €31,175 | = | 0.0% |
| Distributable reserves | 133 | €31,175 | €31,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,908 | -€47,611 | -€33,703 | -242% |
| Provisions and deferred taxes | 16 | - | €64,897 | +€64,897 | |
| Provisions for liabilities and charges | 160/5 | - | €64,897 | +€64,897 | |
| Other liabilities and charges | 164/5 | - | €64,897 | +€64,897 | |
| Amounts payable | 17/49 | €24,204 | €17,579 | -€6,625 | -27.4% |
| Amounts payable within one year | 42/48 | €24,204 | €17,579 | -€6,625 | -27.4% |
| Trade debts | 44 | €2,123 | €1,764 | -€359 | -16.9% |
| Suppliers | 440/4 | €2,123 | €1,764 | -€359 | -16.9% |
| Taxes, remuneration and social security | 45 | €14,844 | €13,004 | -€1,840 | -12.4% |
| Taxes | 450/3 | €12,036 | €10,196 | -€1,840 | -15.3% |
| Remuneration and social security | 454/9 | €2,808 | €2,809 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €7,237 | €2,811 | -€4,426 | -61.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262 | €457 | +€195 | +74.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €64,897 | +€64,897 | |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €41,638 | €40,429 | -€1,210 | -2.9% |
| Operating profit (loss) | 9901 | €40,604 | -€25,324 | -€65,929 | |
| Financial charges | 65/66B | €153 | €171 | +€17 | +11.4% |
| Recurring financial charges | 65 | €153 | €171 | +€17 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | €40,451 | -€25,495 | -€65,946 | |
| Income taxes | 67/77 | €9,276 | €8,208 | -€1,068 | -11.5% |
| Profit (loss) for the period | 9904 | €31,175 | -€33,703 | -€64,878 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,175 | -€33,703 | -€64,878 |
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 19 October 2026 via checked.be.