MEDIPOEL: 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.
MEDIPOEL
Largest movements
- Receivables within one year -€7,327
down €7,327 (-38.3%), from €19,134 to €11,806
- Tangible fixed assets -€5,413
down €5,413 (-17.8%), from €30,471 to €25,058
of which Furniture and vehicles: -€4,337
- Deferred charges and accrued income +€1,943
up €1,943 (+177%), from €1,096 to €3,038
- Intangible fixed assets -€1,500
down €1,500 (-12.5%), from €12,000 to €10,500
- Other debts -€25,031
down €25,031 (-99.6%), from €25,122 to €91
- Reserves +€10,000
up €10,000 (+68.0%), from €14,700 to €24,700
- Tax, wage and social debts +€8,992
new in 2025: €8,992
- Current portion of long-term debt -€4,072
no longer reported in 2025 (was €4,072)
- Profit (loss) carried forward -€1,189
down €1,189 (-4.7%), from €25,520 to €24,331
- Other operating charges +€570
up €570 (+221%), from €258 to €828
- Depreciation +€479
up €479 (+5.9%), from €8,183 to €8,662
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 | €72,032 | €60,114 | -€11,917 | -16.5% |
| Fixed assets | 21/28 | €42,471 | €35,558 | -€6,913 | -16.3% |
| Intangible fixed assets | 21 | €12,000 | €10,500 | -€1,500 | -12.5% |
| Tangible fixed assets | 22/27 | €30,471 | €25,058 | -€5,413 | -17.8% |
| Land and buildings | 22 | €19,825 | €18,749 | -€1,076 | -5.4% |
| Furniture and vehicles | 24 | €8,347 | €4,010 | -€4,337 | -52.0% |
| Other tangible fixed assets | 26 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €29,560 | €24,556 | -€5,004 | -16.9% |
| Amounts receivable within one year | 40/41 | €19,134 | €11,806 | -€7,327 | -38.3% |
| Other amounts receivable | 41 | €19,134 | €11,806 | -€7,327 | -38.3% |
| Cash at bank and in hand | 54/58 | €9,331 | €9,711 | +€380 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,096 | €3,038 | +€1,943 | +177% |
| Total equity and liabilities | 10/49 | €72,032 | €60,114 | -€11,917 | -16.5% |
| Equity | 10/15 | €42,220 | €51,031 | +€8,811 | +20.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,700 | €24,700 | +€10,000 | +68.0% |
| Distributable reserves | 133 | €14,700 | €24,700 | +€10,000 | +68.0% |
| Profit (loss) carried forward | 14 | €25,520 | €24,331 | -€1,189 | -4.7% |
| Amounts payable | 17/49 | €29,811 | €9,083 | -€20,728 | -69.5% |
| Amounts payable within one year | 42/48 | €29,811 | €9,083 | -€20,728 | -69.5% |
| Current portion of amounts payable after more than one year | 42 | €4,072 | - | -€4,072 | |
| Trade debts | 44 | €617 | - | -€617 | |
| Suppliers | 440/4 | €617 | - | -€617 | |
| Taxes, remuneration and social security | 45 | - | €8,992 | +€8,992 | |
| Taxes | 450/3 | - | €8,992 | +€8,992 | |
| Other amounts payable | 47/48 | €25,122 | €91 | -€25,031 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,183 | €8,662 | +€479 | +5.9% |
| Other operating charges | 640/8 | €258 | €828 | +€570 | +221% |
| Gross operating margin | 9900 | €40,748 | €40,947 | +€199 | +0.5% |
| Operating profit (loss) | 9901 | €32,307 | €31,457 | -€850 | -2.6% |
| Financial charges | 65/66B | €516 | €234 | -€282 | -54.6% |
| Recurring financial charges | 65 | €516 | €234 | -€282 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | €31,791 | €31,223 | -€568 | -1.8% |
| Income taxes | 67/77 | €9,185 | €9,555 | +€371 | +4.0% |
| Profit (loss) for the period | 9904 | €22,607 | €21,668 | -€939 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,607 | €21,668 | -€939 | -4.2% |
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 29 October 2026 via checked.be.