MEDIPHILIS: 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.
MEDIPHILIS
Largest movements
- Current investments -€111,802
down €111,802 (-70.5%), from €158,632 to €46,831
- Cash +€17,124
up €17,124 (+109%), from €15,685 to €32,809
mainly Current investments (+€111,802) and Net result for the year (+€43,653)
- Tangible fixed assets -€16,515
down €16,515 (-6.2%), from €264,404 to €247,889
of which Furniture and vehicles: -€9,598
- Reserves -€70,350
down €70,350 (-23.9%), from €294,420 to €224,070
of which Distributable reserves: -€68,490
- Debts after one year -€29,908
down €29,908 (-43.7%), from €68,461 to €38,553
- Other debts -€11,223
down €11,223 (-42.2%), from €26,578 to €15,355
- Tax, wage and social debts +€8,621
up €8,621 (+125%), from €6,881 to €15,502
- Current portion of long-term debt -€7,004
down €7,004 (-19.0%), from €36,912 to €29,908
- Gross operating margin +€16,663
up €16,663 (+25.3%), from €65,983 to €82,646
- Depreciation -€12,170
down €12,170 (-42.4%), from €28,685 to €16,515
- Taxes +€9,227
up €9,227 (+72.6%), from €12,714 to €21,942
- Financial income -€1,483
down €1,483 (-40.2%), from €3,687 to €2,204
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 | €446,327 | €336,590 | -€109,737 | -24.6% |
| Fixed assets | 21/28 | €265,634 | €249,119 | -€16,515 | -6.2% |
| Tangible fixed assets | 22/27 | €264,404 | €247,889 | -€16,515 | -6.2% |
| Land and buildings | 22 | €243,024 | €236,247 | -€6,776 | -2.8% |
| Plant, machinery and equipment | 23 | €322 | €182 | -€140 | -43.6% |
| Furniture and vehicles | 24 | €21,059 | €11,460 | -€9,598 | -45.6% |
| Financial fixed assets | 28 | €1,230 | €1,230 | = | 0.0% |
| Current assets | 29/58 | €180,693 | €87,471 | -€93,222 | -51.6% |
| Amounts receivable within one year | 40/41 | €5,174 | €6,449 | +€1,275 | +24.6% |
| Trade receivables | 40 | €5,174 | €6,449 | +€1,275 | +24.6% |
| Current investments | 50/53 | €158,632 | €46,831 | -€111,802 | -70.5% |
| Cash at bank and in hand | 54/58 | €15,685 | €32,809 | +€17,124 | +109% |
| Deferred charges and accrued income | 490/1 | €1,201 | €1,382 | +€181 | +15.1% |
| Total equity and liabilities | 10/49 | €446,327 | €336,590 | -€109,737 | -24.6% |
| Equity | 10/15 | €307,495 | €237,148 | -€70,347 | -22.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €294,420 | €224,070 | -€70,350 | -23.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €292,560 | €224,070 | -€68,490 | -23.4% |
| Profit (loss) carried forward | 14 | €675 | €678 | +€3 | +0.5% |
| Amounts payable | 17/49 | €138,833 | €99,442 | -€39,390 | -28.4% |
| Amounts payable after more than one year | 17 | €68,461 | €38,553 | -€29,908 | -43.7% |
| Financial debts | 170/4 | €68,461 | €38,553 | -€29,908 | -43.7% |
| Amounts payable within one year | 42/48 | €70,371 | €60,889 | -€9,482 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €36,912 | €29,908 | -€7,004 | -19.0% |
| Trade debts | 44 | - | €124 | +€124 | |
| Suppliers | 440/4 | - | €124 | +€124 | |
| Taxes, remuneration and social security | 45 | €6,881 | €15,502 | +€8,621 | +125% |
| Taxes | 450/3 | €6,881 | €15,502 | +€8,621 | +125% |
| Other amounts payable | 47/48 | €26,578 | €15,355 | -€11,223 | -42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,685 | €16,515 | -€12,170 | -42.4% |
| Other operating charges | 640/8 | €1,140 | €1,177 | +€37 | +3.2% |
| Gross operating margin | 9900 | €65,983 | €82,646 | +€16,663 | +25.3% |
| Operating profit (loss) | 9901 | €36,158 | €64,954 | +€28,796 | +79.6% |
| Financial income | 75/76B | €3,687 | €2,204 | -€1,483 | -40.2% |
| Recurring financial income | 75 | €3,687 | €2,204 | -€1,483 | -40.2% |
| Financial charges | 65/66B | €2,240 | €1,563 | -€677 | -30.2% |
| Recurring financial charges | 65 | €2,240 | €1,563 | -€677 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €37,604 | €65,595 | +€27,990 | +74.4% |
| Income taxes | 67/77 | €12,714 | €21,942 | +€9,227 | +72.6% |
| Profit (loss) for the period | 9904 | €24,890 | €43,653 | +€18,763 | +75.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,890 | €43,653 | +€18,763 | +75.4% |
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 14 October 2026 via checked.be.