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MEDIPARS: 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

MEDIPARS

BE 0802.395.777
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€114,243
2023 · €85,959+€28,284
Equity
€203,701
2023 · €89,459+€114,243
Cash
€258,786
2023 · €121,231+€137,555
Balance sheet total
€892,679
2023 · €131,126+€761,553

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€608,786

    up €608,786 (+7882.5%), from €7,723 to €616,509

    of which Land and buildings: +€609,600

  • Cash +€137,555

    up €137,555 (+113.5%), from €121,231 to €258,786

    mainly Debts after one year (+€559,089) and Net result for the year (+€114,243)

  • Receivables within one year +€15,212

    up €15,212 (+700.3%), from €2,172 to €17,384

Equity and liabilities
  • Debts after one year +€559,089

    new in 2024: €559,089

  • Profit (loss) carried forward +€114,243

    up €114,243 (+132.9%), from €85,959 to €200,201

  • Current portion of long-term debt +€54,008

    new in 2024: €54,008

  • Trade debts +€15,885

    up €15,885 (+4138.2%), from €384 to €16,269

  • Tax, wage and social debts +€15,283

    up €15,283 (+50.9%), from €30,000 to €45,283

Income statement
  • Turnover -€207,669

    no longer reported in 2024 (was €207,669)

  • Purchases and services -€90,845

    no longer reported in 2024 (was €90,845)

  • Gross operating margin +€58,909

    up €58,909 (+50.3%), from €117,173 to €176,082

  • Depreciation +€26,332

    up €26,332 (+2748.5%), from €958 to €27,290

  • Financial charges +€15,376

    up €15,376 (+5985.5%), from €257 to €15,633

From the 2023 result to the 2024 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 2023 €85,959
Gross operating margin +€58,909
Depreciation -€26,332
Other operating charges -€3,633
Financial charges -€15,376
Taxes +€14,717
Result 2024 €114,243

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€160,533
Investment -€636,076
Financing +€613,098
Cash 2023 €121,231
Net result for the year +€114,243
Depreciation +€27,290
Receivables within one year -€15,212
Trade debts +€15,885
Tax, wage and social debts +€15,283
Other debts +€3,044
Investment in fixed assets (net) -€636,076
Debts after one year +€559,089
Current portion of long-term debt +€54,008
Cash 2024 €258,786
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €131,126 €892,679 +€761,553 +580.8%
Fixed assets 21/28 €7,723 €616,509 +€608,786 +7882.5%
Tangible fixed assets 22/27 €7,723 €616,509 +€608,786 +7882.5%
Land and buildings 22 - €609,600 +€609,600
Plant, machinery and equipment 23 - €922 +€922
Furniture and vehicles 24 €7,723 €5,987 -€1,736 -22.5%
Current assets 29/58 €123,403 €276,170 +€152,767 +123.8%
Amounts receivable within one year 40/41 €2,172 €17,384 +€15,212 +700.3%
Trade receivables 40 €2,172 €17,384 +€15,212 +700.3%
Cash at bank and in hand 54/58 €121,231 €258,786 +€137,555 +113.5%
Total equity and liabilities 10/49 €131,126 €892,679 +€761,553 +580.8%
Equity 10/15 €89,459 €203,701 +€114,243 +127.7%
Contributions 10/11 €3,500 €3,500 = 0.0%
Profit (loss) carried forward 14 €85,959 €200,201 +€114,243 +132.9%
Amounts payable 17/49 €41,668 €688,978 +€647,310 +1553.5%
Amounts payable after more than one year 17 - €559,089 +€559,089
Financial debts 170/4 - €559,089 +€559,089
Amounts payable within one year 42/48 €41,668 €129,888 +€88,221 +211.7%
Current portion of amounts payable after more than one year 42 - €54,008 +€54,008
Trade debts 44 €384 €16,269 +€15,885 +4138.2%
Suppliers 440/4 €384 €16,269 +€15,885 +4138.2%
Taxes, remuneration and social security 45 €30,000 €45,283 +€15,283 +50.9%
Taxes 450/3 €30,000 €45,283 +€15,283 +50.9%
Other amounts payable 47/48 €11,284 €14,328 +€3,044 +27.0%
Turnover 70 €207,669 - -€207,669
Goods, raw materials, services and sundry goods 60/61 €90,845 - -€90,845
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €958 €27,290 +€26,332 +2748.5%
Other operating charges 640/8 - €3,633 +€3,633
Gross operating margin 9900 €117,173 €176,082 +€58,909 +50.3%
Operating profit (loss) 9901 €116,215 €145,159 +€28,944 +24.9%
Financial charges 65/66B €257 €15,633 +€15,376 +5985.5%
Recurring financial charges 65 €257 €15,633 +€15,376 +5985.5%
Profit (loss) for the period before taxes 9903 €115,959 €129,526 +€13,568 +11.7%
Income taxes 67/77 €30,000 €15,283 -€14,717 -49.1%
Profit (loss) for the period 9904 €85,959 €114,243 +€28,284 +32.9%
Profit (loss) for the period to be appropriated 9905 €85,959 €114,243 +€28,284 +32.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.