MEDIPEL: 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.
MEDIPEL
Largest movements
- Cash +€174,195
up €174,195 (+232.3%), from €75,001 to €249,196
mainly Net result for the year (+€157,646) and Other debts (+€21,326)
- Tangible fixed assets +€23,055
up €23,055 (+435.1%), from €5,299 to €28,354
of which Furniture and vehicles: +€23,893
- Reserves +€156,786
up €156,786 (+252.9%), from €61,996 to €218,782
- Other debts +€21,326
up €21,326 (+201.5%), from €10,581 to €31,907
- Tax, wage and social debts +€17,243
up €17,243 (+103.8%), from €16,614 to €33,857
- Gross operating margin +€133,249
up €133,249 (+165.8%), from €80,367 to €213,616
- Taxes +€31,728
up €31,728 (+197.6%), from €16,057 to €47,785
- Depreciation +€4,876
up €4,876 (+337.2%), from €1,446 to €6,322
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.
Cash bridge derived
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 | €91,736 | €287,610 | +€195,874 | +213.5% |
| Formation expenses | 20 | €3,021 | €2,333 | -€688 | -22.8% |
| Fixed assets | 21/28 | €5,299 | €28,354 | +€23,055 | +435.1% |
| Tangible fixed assets | 22/27 | €5,299 | €28,354 | +€23,055 | +435.1% |
| Plant, machinery and equipment | 23 | €3,624 | €2,786 | -€838 | -23.1% |
| Furniture and vehicles | 24 | €1,675 | €25,568 | +€23,893 | +1426.3% |
| Current assets | 29/58 | €83,416 | €256,923 | +€173,507 | +208.0% |
| Cash at bank and in hand | 54/58 | €75,001 | €249,196 | +€174,195 | +232.3% |
| Deferred charges and accrued income | 490/1 | €8,415 | €7,727 | -€688 | -8.2% |
| Total equity and liabilities | 10/49 | €91,736 | €287,610 | +€195,874 | +213.5% |
| Equity | 10/15 | €63,996 | €220,782 | +€156,786 | +245.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €61,996 | €218,782 | +€156,786 | +252.9% |
| Distributable reserves | 133 | €61,996 | €218,782 | +€156,786 | +252.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,740 | €66,828 | +€39,088 | +140.9% |
| Amounts payable within one year | 42/48 | €27,603 | €66,499 | +€38,896 | +140.9% |
| Trade debts | 44 | €408 | €735 | +€327 | +80.2% |
| Suppliers | 440/4 | €408 | €735 | +€327 | +80.2% |
| Taxes, remuneration and social security | 45 | €16,614 | €33,857 | +€17,243 | +103.8% |
| Taxes | 450/3 | €16,614 | €33,857 | +€17,243 | +103.8% |
| Other amounts payable | 47/48 | €10,581 | €31,907 | +€21,326 | +201.5% |
| Accrued charges and deferred income | 492/3 | €137 | €329 | +€192 | +139.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,446 | €6,322 | +€4,876 | +337.2% |
| Other operating charges | 640/8 | - | €58 | +€58 | |
| Gross operating margin | 9900 | €80,367 | €213,616 | +€133,249 | +165.8% |
| Operating profit (loss) | 9901 | €78,921 | €207,236 | +€128,315 | +162.6% |
| Financial income | 75/76B | - | €129 | +€129 | |
| Recurring financial income | 75 | - | €129 | +€129 | |
| Financial charges | 65/66B | €38 | €1,934 | +€1,896 | +5033.9% |
| Recurring financial charges | 65 | €38 | €1,934 | +€1,896 | +5033.9% |
| Profit (loss) for the period before taxes | 9903 | €78,883 | €205,431 | +€126,548 | +160.4% |
| Income taxes | 67/77 | €16,057 | €47,785 | +€31,728 | +197.6% |
| Profit (loss) for the period | 9904 | €62,826 | €157,646 | +€94,820 | +150.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,826 | €157,646 | +€94,820 | +150.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.