MEDIPACK IMMO: 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.
MEDIPACK IMMO
Largest movements
- Receivables within one year +€342,684
up €342,684 (+10,019%), from €3,420 to €346,104
- Tangible fixed assets +€325,987
up €325,987 (+22.2%), from €1.5m to €1.8m
of which Land and buildings: +€325,987
- Cash -€260,928
down €260,928 (-96.5%), from €270,405 to €9,477
mainly Receivables within one year (-€342,684) and Investment in fixed assets (net) (-€325,987)
- Deferred charges and accrued income +€24,453
new in 2025: €24,453
- Current portion of long-term debt +€254,252
up €254,252 (+63.6%), from €400,000 to €654,252
- Contributions +€214,898
up €214,898 (+16.8%), from €1.3m to €1.5m
- Trade debts +€45,469
up €45,469 (+111%), from €40,891 to €86,360
- Other debts -€36,000
down €36,000 (-100%), from €36,000 to €0
- Accrued charges and deferred income -€26,771
down €26,771 (-98.5%), from €27,171 to €400
- Financial income +€20,794
new in 2025: €20,794
- Gross operating margin +€4,350
up €4,350 (+10.8%), from -€40,162 to -€35,813
- Financial charges +€730
up €730 (+62.6%), from €1,166 to €1,896
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 | €1,741,508 | €2,173,704 | +€432,196 | +24.8% |
| Fixed assets | 21/28 | €1,467,682 | €1,793,669 | +€325,987 | +22.2% |
| Tangible fixed assets | 22/27 | €1,467,682 | €1,793,669 | +€325,987 | +22.2% |
| Land and buildings | 22 | €637,813 | €963,800 | +€325,987 | +51.1% |
| Other tangible fixed assets | 26 | €829,869 | €829,869 | = | 0.0% |
| Current assets | 29/58 | €273,826 | €380,034 | +€106,209 | +38.8% |
| Amounts receivable within one year | 40/41 | €3,420 | €346,104 | +€342,684 | +10,019% |
| Other amounts receivable | 41 | €3,420 | €346,104 | +€342,684 | +10,019% |
| Cash at bank and in hand | 54/58 | €270,405 | €9,477 | -€260,928 | -96.5% |
| Deferred charges and accrued income | 490/1 | - | €24,453 | +€24,453 | |
| Total equity and liabilities | 10/49 | €1,741,508 | €2,173,704 | +€432,196 | +24.8% |
| Equity | 10/15 | €1,237,445 | €1,430,597 | +€193,151 | +15.6% |
| Contributions | 10/11 | €1,280,001 | €1,494,899 | +€214,898 | +16.8% |
| Profit (loss) carried forward | 14 | -€42,556 | -€64,302 | -€21,747 | -51.1% |
| Amounts payable | 17/49 | €504,062 | €743,107 | +€239,045 | +47.4% |
| Amounts payable within one year | 42/48 | €476,891 | €742,707 | +€265,816 | +55.7% |
| Current portion of amounts payable after more than one year | 42 | €400,000 | €654,252 | +€254,252 | +63.6% |
| Trade debts | 44 | €40,891 | €86,360 | +€45,469 | +111% |
| Suppliers | 440/4 | €40,891 | €86,360 | +€45,469 | +111% |
| Taxes, remuneration and social security | 45 | - | €2,095 | +€2,095 | |
| Taxes | 450/3 | - | €2,095 | +€2,095 | |
| Other amounts payable | 47/48 | €36,000 | €0 | -€36,000 | -100% |
| Accrued charges and deferred income | 492/3 | €27,171 | €400 | -€26,771 | -98.5% |
| Other operating charges | 640/8 | €1,227 | €1,477 | +€250 | +20.4% |
| Non-recurring operating charges | 66A | - | €3,354 | +€3,354 | |
| Gross operating margin | 9900 | -€40,162 | -€35,813 | +€4,350 | +10.8% |
| Operating profit (loss) | 9901 | -€41,389 | -€40,644 | +€745 | +1.8% |
| Financial income | 75/76B | - | €20,794 | +€20,794 | |
| Recurring financial income | 75 | - | €20,794 | +€20,794 | |
| Financial charges | 65/66B | €1,166 | €1,896 | +€730 | +62.6% |
| Recurring financial charges | 65 | €1,166 | €1,896 | +€730 | +62.6% |
| Profit (loss) for the period before taxes | 9903 | -€42,556 | -€21,747 | +€20,809 | +48.9% |
| Profit (loss) for the period | 9904 | -€42,556 | -€21,747 | +€20,809 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,556 | -€21,747 | +€20,809 | +48.9% |
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 23 October 2026 via checked.be.