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MEDIOOST: what changed

Two fiscal 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.

What changed

MEDIOOST

BE 0447.511.280
NACE 46.460, Wholesale of pharmaceutical and medical goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€23,767
2024 · €16,678+€7,089
Equity
€422,516
2024 · €398,749+€23,767
Cash
€221,179
2024 · €158,710+€62,469
Balance sheet total
€434,030
2024 · €406,437+€27,593

Largest movements

2024 to 2025
Assets
  • Cash +€62,469

    up €62,469 (+39.4%), from €158,710 to €221,179

    mainly Depreciation (+€39,848) and Net result for the year (+€23,767)

  • Tangible fixed assets -€34,043

    down €34,043 (-14.8%), from €229,596 to €195,554

    of which Land and buildings: -€33,428

Equity and liabilities
  • Reserves +€23,767

    up €23,767 (+6.2%), from €381,310 to €405,077

Income statement
  • Gross operating margin +€11,460

    up €11,460 (+16.4%), from €69,820 to €81,280

  • Financial income -€6,494

    down €6,494 (-100.0%), from €6,494 to €0

  • Depreciation -€5,095

    down €5,095 (-11.3%), from €44,943 to €39,848

  • Taxes +€3,066

    up €3,066 (+34.3%), from €8,926 to €11,991

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €16,678
Gross operating margin +€11,460
Depreciation +€5,095
Other operating charges +€111
Financial income -€6,494
Financial charges -€17
Taxes -€3,066
Result 2025 €23,767

Cash bridge derived

cash 2024 to 2025

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.

From operations +€68,274
Investment -€5,805
Financing €0
Cash 2024 €158,710
Net result for the year +€23,767
Depreciation +€39,848
Receivables within one year +€649
Deferred charges and accrued income +€184
Trade debts +€4,333
Other debts +€98
Accrued charges and deferred income -€605
Investment in fixed assets (net) -€5,805
Cash 2025 €221,179
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €406,437 €434,030 +€27,593 +6.8%
Fixed assets 21/28 €229,596 €195,554 -€34,043 -14.8%
Tangible fixed assets 22/27 €229,596 €195,554 -€34,043 -14.8%
Land and buildings 22 €221,114 €187,686 -€33,428 -15.1%
Furniture and vehicles 24 €8,483 €7,868 -€615 -7.2%
Current assets 29/58 €176,841 €238,477 +€61,636 +34.9%
Amounts receivable within one year 40/41 €14,975 €14,326 -€649 -4.3%
Trade receivables 40 €8,744 €13,817 +€5,073 +58.0%
Other amounts receivable 41 €6,231 €509 -€5,722 -91.8%
Cash at bank and in hand 54/58 €158,710 €221,179 +€62,469 +39.4%
Deferred charges and accrued income 490/1 €3,156 €2,973 -€184 -5.8%
Total equity and liabilities 10/49 €406,437 €434,030 +€27,593 +6.8%
Equity 10/15 €398,749 €422,516 +€23,767 +6.0%
Contributions 10/11 €17,439 €17,439 = 0.0%
Reserves 13 €381,310 €405,077 +€23,767 +6.2%
Distributable reserves 133 €381,310 €405,077 +€23,767 +6.2%
Amounts payable 17/49 €7,688 €11,514 +€3,826 +49.8%
Amounts payable within one year 42/48 €5,585 €10,016 +€4,431 +79.3%
Trade debts 44 €5,585 €9,918 +€4,333 +77.6%
Suppliers 440/4 €5,585 €9,918 +€4,333 +77.6%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €0 €98 +€98
Accrued charges and deferred income 492/3 €2,103 €1,498 -€605 -28.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,943 €39,848 -€5,095 -11.3%
Other operating charges 640/8 €5,703 €5,592 -€111 -2.0%
Gross operating margin 9900 €69,820 €81,280 +€11,460 +16.4%
Operating profit (loss) 9901 €19,174 €35,840 +€16,666 +86.9%
Financial income 75/76B €6,494 €0 -€6,494 -100.0%
Recurring financial income 75 €6,494 €0 -€6,494 -100.0%
Financial charges 65/66B €64 €81 +€17 +27.3%
Recurring financial charges 65 €64 €81 +€17 +27.3%
Non-recurring financial charges 66B €0 - =
Profit (loss) for the period before taxes 9903 €25,604 €35,759 +€10,155 +39.7%
Income taxes 67/77 €8,926 €11,991 +€3,066 +34.3%
Profit (loss) for the period 9904 €16,678 €23,767 +€7,089 +42.5%
Profit (loss) for the period to be appropriated 9905 €16,678 €23,767 +€7,089 +42.5%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.