MEDIPSY: 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.
MEDIPSY
Largest movements
- Cash -€99,482
down €99,482 (-59.1%), from €168,412 to €68,930
mainly Net result for the year (-€43,769) and Tax, wage and social debts (-€32,857)
- Receivables within one year +€32,479
up €32,479 (+47.1%), from €68,968 to €101,447
- Profit (loss) carried forward -€43,769
down €43,769 (-21.2%), from €206,843 to €163,074
- Tax, wage and social debts -€32,857
down €32,857 (-95.8%), from €34,288 to €1,431
- Trade debts +€5,852
up €5,852 (+439.8%), from €1,330 to €7,182
- Gross operating margin -€34,224
down €34,224, from €20,362 to -€13,861
- Other operating charges -€8,102
down €8,102 (-42.7%), from €18,973 to €10,872
- Depreciation +€3,240
up €3,240 (+17.9%), from €18,091 to €21,331
- Financial income +€2,145
up €2,145 (+70.5%), from €3,044 to €5,190
- Financial charges +€1,769
up €1,769 (+215.2%), from €822 to €2,591
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 | €321,274 | €251,803 | -€69,471 | -21.6% |
| Fixed assets | 21/28 | €68,746 | €68,650 | -€96 | -0.1% |
| Tangible fixed assets | 22/27 | €66,216 | €66,121 | -€96 | -0.1% |
| Land and buildings | 22 | €21,130 | €18,490 | -€2,641 | -12.5% |
| Plant, machinery and equipment | 23 | €1,912 | €956 | -€956 | -50.0% |
| Furniture and vehicles | 24 | €40,598 | €44,693 | +€4,095 | +10.1% |
| Other tangible fixed assets | 26 | €2,576 | €1,982 | -€595 | -23.1% |
| Financial fixed assets | 28 | €2,530 | €2,530 | = | 0.0% |
| Current assets | 29/58 | €252,527 | €183,152 | -€69,375 | -27.5% |
| Amounts receivable within one year | 40/41 | €68,968 | €101,447 | +€32,479 | +47.1% |
| Other amounts receivable | 41 | €68,968 | €101,447 | +€32,479 | +47.1% |
| Current investments | 50/53 | €2,486 | €2,934 | +€448 | +18.0% |
| Cash at bank and in hand | 54/58 | €168,412 | €68,930 | -€99,482 | -59.1% |
| Deferred charges and accrued income | 490/1 | €12,662 | €9,842 | -€2,820 | -22.3% |
| Total equity and liabilities | 10/49 | €321,274 | €251,803 | -€69,471 | -21.6% |
| Equity | 10/15 | €282,300 | €238,530 | -€43,769 | -15.5% |
| Contributions | 10/11 | €55,800 | €55,800 | = | 0.0% |
| Reserves | 13 | €19,656 | €19,656 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,580 | €5,580 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,580 | €5,580 | = | 0.0% |
| Distributable reserves | 133 | €14,076 | €14,076 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,843 | €163,074 | -€43,769 | -21.2% |
| Amounts payable | 17/49 | €38,974 | €13,272 | -€25,702 | -65.9% |
| Amounts payable after more than one year | 17 | €823 | €823 | = | 0.0% |
| Other amounts payable | 178/9 | €823 | €823 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,618 | €8,614 | -€27,005 | -75.8% |
| Trade debts | 44 | €1,330 | €7,182 | +€5,852 | +439.8% |
| Suppliers | 440/4 | €1,330 | €7,182 | +€5,852 | +439.8% |
| Taxes, remuneration and social security | 45 | €34,288 | €1,431 | -€32,857 | -95.8% |
| Taxes | 450/3 | €34,288 | €1,431 | -€32,857 | -95.8% |
| Accrued charges and deferred income | 492/3 | €2,532 | €3,836 | +€1,303 | +51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,091 | €21,331 | +€3,240 | +17.9% |
| Other operating charges | 640/8 | €18,973 | €10,872 | -€8,102 | -42.7% |
| Gross operating margin | 9900 | €20,362 | -€13,861 | -€34,224 | |
| Operating profit (loss) | 9901 | -€16,702 | -€46,064 | -€29,362 | -175.8% |
| Financial income | 75/76B | €3,044 | €5,190 | +€2,145 | +70.5% |
| Recurring financial income | 75 | €3,044 | €5,190 | +€2,145 | +70.5% |
| Financial charges | 65/66B | €822 | €2,591 | +€1,769 | +215.2% |
| Recurring financial charges | 65 | €822 | €2,591 | +€1,769 | +215.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,480 | -€43,465 | -€28,985 | -200.2% |
| Income taxes | 67/77 | €288 | €305 | +€17 | +5.9% |
| Profit (loss) for the period | 9904 | -€14,767 | -€43,769 | -€29,002 | -196.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,767 | -€43,769 | -€29,002 | -196.4% |
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 12 October 2026 via checked.be.