MEDIPED - DR. VARGA: 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.
MEDIPED - DR. VARGA
Largest movements
- Tangible fixed assets -€10,934
down €10,934 (-24.4%), from €44,844 to €33,910
- Cash -€9,162
down €9,162 (-9.2%), from €99,424 to €90,262
mainly Contributions, distributions and other (-€27,114) and Debts after one year (-€7,923)
- Profit (loss) carried forward -€17,074
down €17,074 (-20.4%), from €83,546 to €66,472
- Debts after one year -€7,923
down €7,923 (-30.0%), from €26,379 to €18,456
- Other debts +€2,829
up €2,829 (+76.9%), from €3,680 to €6,509
- Tax, wage and social debts +€2,600
up €2,600 (+289%), from €900 to €3,500
- Turnover -€5,134
down €5,134 (-4.2%), from €121,315 to €116,181
- Purchases and services -€3,360
down €3,360 (-3.6%), from €93,394 to €90,034
- Gross operating margin -€1,808
down €1,808 (-5.7%), from €31,698 to €29,890
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 | €144,359 | €124,262 | -€20,096 | -13.9% |
| Fixed assets | 21/28 | €44,844 | €33,910 | -€10,934 | -24.4% |
| Tangible fixed assets | 22/27 | €44,844 | €33,910 | -€10,934 | -24.4% |
| Furniture and vehicles | 24 | €44,844 | €33,910 | -€10,934 | -24.4% |
| Current assets | 29/58 | €99,514 | €90,352 | -€9,162 | -9.2% |
| Amounts receivable within one year | 40/41 | €90 | €90 | = | 0.0% |
| Other amounts receivable | 41 | €90 | €90 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €99,424 | €90,262 | -€9,162 | -9.2% |
| Total equity and liabilities | 10/49 | €144,359 | €124,262 | -€20,096 | -13.9% |
| Equity | 10/15 | €104,006 | €86,932 | -€17,074 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €83,546 | €66,472 | -€17,074 | -20.4% |
| Amounts payable | 17/49 | €40,352 | €37,331 | -€3,022 | -7.5% |
| Amounts payable after more than one year | 17 | €26,379 | €18,456 | -€7,923 | -30.0% |
| Financial debts | 170/4 | €26,379 | €18,456 | -€7,923 | -30.0% |
| Amounts payable within one year | 42/48 | €13,974 | €18,875 | +€4,901 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €7,571 | €7,923 | +€353 | +4.7% |
| Trade debts | 44 | €1,823 | €943 | -€880 | -48.3% |
| Suppliers | 440/4 | €1,823 | €943 | -€880 | -48.3% |
| Taxes, remuneration and social security | 45 | €900 | €3,500 | +€2,600 | +289% |
| Taxes | 450/3 | €900 | €3,500 | +€2,600 | +289% |
| Other amounts payable | 47/48 | €3,680 | €6,509 | +€2,829 | +76.9% |
| Turnover | 70 | €121,315 | €116,181 | -€5,134 | -4.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,394 | €90,034 | -€3,360 | -3.6% |
| Remuneration, social security and pensions | 62 | €399 | - | -€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,826 | €10,934 | +€1,108 | +11.3% |
| Other operating charges | 640/8 | €1,365 | €1,307 | -€58 | -4.3% |
| Gross operating margin | 9900 | €31,698 | €29,890 | -€1,808 | -5.7% |
| Operating profit (loss) | 9901 | €20,108 | €17,649 | -€2,460 | -12.2% |
| Financial charges | 65/66B | €4,182 | €3,907 | -€275 | -6.6% |
| Recurring financial charges | 65 | €4,182 | €3,907 | -€275 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €15,926 | €13,742 | -€2,184 | -13.7% |
| Income taxes | 67/77 | €4,110 | €3,702 | -€408 | -9.9% |
| Profit (loss) for the period | 9904 | €11,816 | €10,040 | -€1,776 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,816 | €10,040 | -€1,776 | -15.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.