MediPortal: 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.
MediPortal
Largest movements
- Cash +€585,371
up €585,371 (+62.8%), from €931,597 to €1.5m
mainly Net result for the year (+€1.4m) and Other debts (+€734,249)
- Current investments +€336,879
up €336,879 (+74.0%), from €455,135 to €792,013
- Tangible fixed assets +€243,147
up €243,147 (+7.5%), from €3.2m to €3.5m
of which Land and buildings: +€214,136
- Intangible fixed assets -€121,082
down €121,082 (-39.0%), from €310,258 to €189,176
- Other debts +€734,249
up €734,249 (+610%), from €120,332 to €854,581
- Reserves +€575,451
up €575,451 (+25.8%), from €2.2m to €2.8m
- Trade debts -€180,845
down €180,845 (-37.1%), from €487,837 to €306,992
- Debts after one year -€157,267
down €157,267 (-6.3%), from €2.5m to €2.3m
- Tax, wage and social debts +€103,264
up €103,264 (+63.0%), from €163,903 to €267,166
of which Taxes: +€68,804
- Gross operating margin +€1.1m
up €1.1m (+52.1%), from €2.2m to €3.3m
- Taxes +€246,110
up €246,110 (+200%), from €123,006 to €369,116
- Staff costs +€168,932
up €168,932 (+17.8%), from €947,938 to €1.1m
- Depreciation -€59,226
down €59,226 (-20.5%), from €288,880 to €229,654
- Financial income +€36,448
up €36,448 (+410%), from €8,894 to €45,342
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 | €5,666,362 | €6,752,485 | +€1.1m | +19.2% |
| Fixed assets | 21/28 | €3,548,958 | €3,671,024 | +€122,065 | +3.4% |
| Intangible fixed assets | 21 | €310,258 | €189,176 | -€121,082 | -39.0% |
| Tangible fixed assets | 22/27 | €3,238,700 | €3,481,847 | +€243,147 | +7.5% |
| Land and buildings | 22 | €3,212,917 | €3,427,054 | +€214,136 | +6.7% |
| Plant, machinery and equipment | 23 | €4,997 | €25,701 | +€20,704 | +414% |
| Furniture and vehicles | 24 | €12,807 | €6,763 | -€6,044 | -47.2% |
| Other tangible fixed assets | 26 | €7,979 | €22,329 | +€14,350 | +180% |
| Current assets | 29/58 | €2,117,404 | €3,081,461 | +€964,058 | +45.5% |
| Amounts receivable within one year | 40/41 | €689,231 | €702,353 | +€13,122 | +1.9% |
| Trade receivables | 40 | €623,092 | €685,556 | +€62,464 | +10.0% |
| Other amounts receivable | 41 | €66,138 | €16,796 | -€49,342 | -74.6% |
| Current investments | 50/53 | €455,135 | €792,013 | +€336,879 | +74.0% |
| Cash at bank and in hand | 54/58 | €931,597 | €1,516,968 | +€585,371 | +62.8% |
| Deferred charges and accrued income | 490/1 | €41,441 | €70,127 | +€28,686 | +69.2% |
| Total equity and liabilities | 10/49 | €5,666,362 | €6,752,485 | +€1.1m | +19.2% |
| Equity | 10/15 | €2,252,407 | €2,827,858 | +€575,451 | +25.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,232,407 | €2,807,858 | +€575,451 | +25.8% |
| Distributable reserves | 133 | €2,232,407 | €2,807,858 | +€575,451 | +25.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,413,955 | €3,924,627 | +€510,672 | +15.0% |
| Amounts payable after more than one year | 17 | €2,486,798 | €2,329,531 | -€157,267 | -6.3% |
| Financial debts | 170/4 | €2,486,798 | €2,329,531 | -€157,267 | -6.3% |
| Amounts payable within one year | 42/48 | €924,584 | €1,586,006 | +€661,422 | +71.5% |
| Current portion of amounts payable after more than one year | 42 | €152,513 | €157,267 | +€4,754 | +3.1% |
| Trade debts | 44 | €487,837 | €306,992 | -€180,845 | -37.1% |
| Suppliers | 440/4 | €487,837 | €306,992 | -€180,845 | -37.1% |
| Taxes, remuneration and social security | 45 | €163,903 | €267,166 | +€103,264 | +63.0% |
| Taxes | 450/3 | €7,856 | €76,660 | +€68,804 | +876% |
| Remuneration and social security | 454/9 | €156,047 | €190,506 | +€34,459 | +22.1% |
| Other amounts payable | 47/48 | €120,332 | €854,581 | +€734,249 | +610% |
| Accrued charges and deferred income | 492/3 | €2,573 | €9,090 | +€6,517 | +253% |
| Non-recurring operating income | 76A | - | €6,904 | +€6,904 | |
| Remuneration, social security and pensions | 62 | €947,938 | €1,116,870 | +€168,932 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,880 | €229,654 | -€59,226 | -20.5% |
| Other operating charges | 640/8 | €7,282 | €7,817 | +€535 | +7.3% |
| Non-recurring operating charges | 66A | €27,699 | €72,783 | +€45,084 | +163% |
| Gross operating margin | 9900 | €2,162,404 | €3,288,903 | +€1.1m | +52.1% |
| Operating profit (loss) | 9901 | €890,604 | €1,861,779 | +€971,174 | +109% |
| Financial income | 75/76B | €8,894 | €45,342 | +€36,448 | +410% |
| Recurring financial income | 75 | €8,894 | €45,342 | +€36,448 | +410% |
| Financial charges | 65/66B | €81,706 | €89,744 | +€8,038 | +9.8% |
| Recurring financial charges | 65 | €81,706 | €89,744 | +€8,038 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €817,792 | €1,817,376 | +€999,585 | +122% |
| Income taxes | 67/77 | €123,006 | €369,116 | +€246,110 | +200% |
| Profit (loss) for the period | 9904 | €694,785 | €1,448,260 | +€753,475 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €694,785 | €1,448,260 | +€753,475 | +108% |
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 16 October 2026 via checked.be.