MEDIPN: 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.
MEDIPN
Largest movements
- Cash -€13,597
down €13,597 (-25.0%), from €54,495 to €40,898
mainly Tax, wage and social debts (-€16,000) and Accrued charges and deferred income (-€15,000)
- Tangible fixed assets -€11,032
down €11,032 (-47.1%), from €23,446 to €12,415
of which Leasing and similar rights: -€10,024
- Receivables within one year +€3,949
up €3,949 (+9.3%), from €42,591 to €46,540
- Deferred charges and accrued income -€1,666
no longer reported in 2023 (was €1,666)
- Trade debts +€17,525
up €17,525 (+1013.1%), from €1,730 to €19,255
- Tax, wage and social debts -€16,000
no longer reported in 2023 (was €16,000)
- Accrued charges and deferred income -€15,000
no longer reported in 2023 (was €15,000)
- Current portion of long-term debt -€8,918
down €8,918 (-87.2%), from €10,223 to €1,304
- Taxes +€4,441
new in 2023: €4,441
- Gross operating margin +€1,349
up €1,349 (+8.4%), from €16,091 to €17,439
- Depreciation -€537
down €537 (-4.6%), from €11,569 to €11,032
- Other operating charges +€190
up €190 (+11.2%), from €1,695 to €1,885
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,198 | €99,853 | -€22,346 | -18.3% |
| Fixed assets | 21/28 | €23,446 | €12,415 | -€11,032 | -47.1% |
| Tangible fixed assets | 22/27 | €23,446 | €12,415 | -€11,032 | -47.1% |
| Furniture and vehicles | 24 | €5,200 | €5,200 | = | 0.0% |
| Leasing and similar rights | 25 | €10,860 | €835 | -€10,024 | -92.3% |
| Other tangible fixed assets | 26 | €7,386 | €6,379 | -€1,007 | -13.6% |
| Current assets | 29/58 | €98,752 | €87,438 | -€11,314 | -11.5% |
| Amounts receivable within one year | 40/41 | €42,591 | €46,540 | +€3,949 | +9.3% |
| Other amounts receivable | 41 | €42,591 | €46,540 | +€3,949 | +9.3% |
| Cash at bank and in hand | 54/58 | €54,495 | €40,898 | -€13,597 | -25.0% |
| Deferred charges and accrued income | 490/1 | €1,666 | - | -€1,666 | |
| Total equity and liabilities | 10/49 | €122,198 | €99,853 | -€22,346 | -18.3% |
| Equity | 10/15 | €79,246 | €79,294 | +€48 | +0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €55,640 | €55,640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €54,400 | €54,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,206 | €11,254 | +€48 | +0.4% |
| Amounts payable | 17/49 | €42,952 | €20,559 | -€22,393 | -52.1% |
| Amounts payable within one year | 42/48 | €27,952 | €20,559 | -€7,393 | -26.4% |
| Current portion of amounts payable after more than one year | 42 | €10,223 | €1,304 | -€8,918 | -87.2% |
| Trade debts | 44 | €1,730 | €19,255 | +€17,525 | +1013.1% |
| Suppliers | 440/4 | €1,730 | €19,255 | +€17,525 | +1013.1% |
| Taxes, remuneration and social security | 45 | €16,000 | - | -€16,000 | |
| Taxes | 450/3 | €16,000 | - | -€16,000 | |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,569 | €11,032 | -€537 | -4.6% |
| Other operating charges | 640/8 | €1,695 | €1,885 | +€190 | +11.2% |
| Gross operating margin | 9900 | €16,091 | €17,439 | +€1,349 | +8.4% |
| Operating profit (loss) | 9901 | €2,827 | €4,523 | +€1,695 | +60.0% |
| Financial income | 75/76B | - | €95 | +€95 | |
| Recurring financial income | 75 | - | €95 | +€95 | |
| Financial charges | 65/66B | €130 | €129 | -€1 | -0.5% |
| Recurring financial charges | 65 | €130 | €129 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €2,698 | €4,489 | +€1,791 | +66.4% |
| Income taxes | 67/77 | - | €4,441 | +€4,441 | |
| Profit (loss) for the period | 9904 | €2,698 | €48 | -€2,650 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,698 | €48 | -€2,650 | -98.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.