MEDIPI: 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.
MEDIPI
Largest movements
- Cash +€22,342
up €22,342 (+30.8%), from €72,528 to €94,870
mainly Net result for the year (+€24,594) and Depreciation (+€2,380)
- Tangible fixed assets -€1,800
down €1,800 (-40.5%), from €4,447 to €2,647
- Profit (loss) carried forward +€24,594
up €24,594 (+38.8%), from €63,464 to €88,057
- Trade debts -€4,400
down €4,400 (-94.3%), from €4,667 to €267
- Other debts +€1,180
up €1,180 (+70.3%), from €1,679 to €2,859
- Gross operating margin -€13,469
down €13,469 (-28.4%), from €47,502 to €34,033
- Taxes -€2,790
down €2,790 (-30.1%), from €9,262 to €6,472
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 | €84,372 | €105,746 | +€21,374 | +25.3% |
| Fixed assets | 21/28 | €4,544 | €2,744 | -€1,800 | -39.6% |
| Tangible fixed assets | 22/27 | €4,447 | €2,647 | -€1,800 | -40.5% |
| Furniture and vehicles | 24 | €4,447 | €2,647 | -€1,800 | -40.5% |
| Financial fixed assets | 28 | €97 | €97 | = | 0.0% |
| Current assets | 29/58 | €79,828 | €103,002 | +€23,174 | +29.0% |
| Amounts receivable within one year | 40/41 | €7,055 | €7,878 | +€823 | +11.7% |
| Trade receivables | 40 | €7,055 | €7,350 | +€295 | +4.2% |
| Other amounts receivable | 41 | - | €528 | +€528 | |
| Cash at bank and in hand | 54/58 | €72,528 | €94,870 | +€22,342 | +30.8% |
| Deferred charges and accrued income | 490/1 | €246 | €255 | +€9 | +3.7% |
| Total equity and liabilities | 10/49 | €84,372 | €105,746 | +€21,374 | +25.3% |
| Equity | 10/15 | €66,464 | €91,057 | +€24,594 | +37.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,464 | €88,057 | +€24,594 | +38.8% |
| Amounts payable | 17/49 | €17,908 | €14,689 | -€3,219 | -18.0% |
| Amounts payable within one year | 42/48 | €17,908 | €14,689 | -€3,219 | -18.0% |
| Trade debts | 44 | €4,667 | €267 | -€4,400 | -94.3% |
| Suppliers | 440/4 | €4,667 | €267 | -€4,400 | -94.3% |
| Taxes, remuneration and social security | 45 | €11,562 | €11,562 | = | 0.0% |
| Taxes | 450/3 | €9,262 | €9,262 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €1,679 | €2,859 | +€1,180 | +70.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,226 | €2,380 | +€153 | +6.9% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €47,502 | €34,033 | -€13,469 | -28.4% |
| Operating profit (loss) | 9901 | €44,504 | €31,254 | -€13,251 | -29.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €154 | €188 | +€34 | +22.1% |
| Recurring financial charges | 65 | €154 | €188 | +€34 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €44,350 | €31,066 | -€13,285 | -30.0% |
| Income taxes | 67/77 | €9,262 | €6,472 | -€2,790 | -30.1% |
| Profit (loss) for the period | 9904 | €35,088 | €24,594 | -€10,495 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,088 | €24,594 | -€10,495 | -29.9% |
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 9 October 2026 via checked.be.