MEDINVEST: what changed
MEDINVEST
Largest movements
- Tangible fixed assets -€6,982
down €6,982 (-2.3%), from €299,255 to €292,274
of which Land and buildings: -€5,747
- Cash -€5,920
down €5,920 (-39.5%), from €14,981 to €9,061
mainly Debts after one year (-€15,278) and Receivables within one year (-€1,700)
- Debts after one year -€15,278
down €15,278 (-5.2%), from €294,619 to €279,342
- Profit (loss) carried forward +€4,791
up €4,791, from -€4,178 to €613
- Gross operating margin +€13,344
up €13,344 (+427%), from €3,125 to €16,469
- Depreciation -€2,433
down €2,433 (-25.8%), from €9,415 to €6,982
- Financial charges -€627
down €627 (-39.3%), from €1,595 to €968
- Other operating charges +€276
up €276 (+8.0%), from €3,454 to €3,730
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €386,735 | €374,920 | -€11,816 | -3.1% |
| Fixed assets | 21/28 | €299,535 | €292,554 | -€6,982 | -2.3% |
| Tangible fixed assets | 22/27 | €299,255 | €292,274 | -€6,982 | -2.3% |
| Land and buildings | 22 | €295,595 | €289,848 | -€5,747 | -1.9% |
| Plant, machinery and equipment | 23 | €2,872 | €2,426 | -€446 | -15.5% |
| Furniture and vehicles | 24 | €788 | - | -€788 | |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €87,200 | €82,366 | -€4,834 | -5.5% |
| Stocks and contracts in progress | 3 | €16,140 | €15,527 | -€613 | -3.8% |
| Stocks | 30/36 | €16,140 | €15,527 | -€613 | -3.8% |
| Amounts receivable within one year | 40/41 | €56,079 | €57,778 | +€1,700 | +3.0% |
| Trade receivables | 40 | €23,967 | €27,485 | +€3,518 | +14.7% |
| Other amounts receivable | 41 | €32,112 | €30,293 | -€1,818 | -5.7% |
| Cash at bank and in hand | 54/58 | €14,981 | €9,061 | -€5,920 | -39.5% |
| Total equity and liabilities | 10/49 | €386,735 | €374,920 | -€11,816 | -3.1% |
| Equity | 10/15 | €54,422 | €59,213 | +€4,791 | +8.8% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,178 | €613 | +€4,791 | |
| Amounts payable | 17/49 | €332,313 | €315,706 | -€16,607 | -5.0% |
| Amounts payable after more than one year | 17 | €294,619 | €279,342 | -€15,278 | -5.2% |
| Financial debts | 170/4 | €294,619 | €279,342 | -€15,278 | -5.2% |
| Amounts payable within one year | 42/48 | €37,694 | €36,365 | -€1,329 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €15,278 | -€1,389 | -8.3% |
| Trade debts | 44 | €2,418 | €1,662 | -€756 | -31.3% |
| Suppliers | 440/4 | €2,418 | €1,662 | -€756 | -31.3% |
| Other amounts payable | 47/48 | €18,609 | €19,425 | +€816 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,415 | €6,982 | -€2,433 | -25.8% |
| Other operating charges | 640/8 | €3,454 | €3,730 | +€276 | +8.0% |
| Gross operating margin | 9900 | €3,125 | €16,469 | +€13,344 | +427% |
| Operating profit (loss) | 9901 | -€9,744 | €5,758 | +€15,502 | |
| Financial income | 75/76B | €42 | €1 | -€41 | -97.2% |
| Recurring financial income | 75 | €42 | €1 | -€41 | -97.2% |
| Financial charges | 65/66B | €1,595 | €968 | -€627 | -39.3% |
| Recurring financial charges | 65 | €1,595 | €968 | -€627 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,297 | €4,791 | +€16,088 | |
| Profit (loss) for the period | 9904 | -€11,297 | €4,791 | +€16,088 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,297 | €4,791 | +€16,088 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.