Médipublishing: 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.
Médipublishing
Largest movements
- Tangible fixed assets -€27,584
down €27,584 (-4.4%), from €623,408 to €595,824
of which Land and buildings: -€22,245
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges +€2,882
up €2,882 (+85.0%), from €3,392 to €6,274
- Financial income -€1,039
down €1,039 (-5.2%), from €20,092 to €19,053
- Gross operating margin +€713
up €713 (+7.2%), from €9,907 to €10,620
- Depreciation -€353
down €353 (-1.3%), from €27,937 to €27,584
- Taxes -€299
down €299 (-100%), from €299 to €0
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 | €1,000,942 | €983,269 | -€17,673 | -1.8% |
| Fixed assets | 21/28 | €623,609 | €596,025 | -€27,584 | -4.4% |
| Tangible fixed assets | 22/27 | €623,408 | €595,824 | -€27,584 | -4.4% |
| Land and buildings | 22 | €612,378 | €590,133 | -€22,245 | -3.6% |
| Furniture and vehicles | 24 | €11,030 | €5,691 | -€5,340 | -48.4% |
| Financial fixed assets | 28 | €201 | €201 | = | 0.0% |
| Current assets | 29/58 | €377,333 | €387,244 | +€9,911 | +2.6% |
| Amounts receivable within one year | 40/41 | €362,642 | €369,160 | +€6,518 | +1.8% |
| Trade receivables | 40 | €14,650 | €6,931 | -€7,719 | -52.7% |
| Other amounts receivable | 41 | €347,992 | €362,229 | +€14,237 | +4.1% |
| Current investments | 50/53 | €2,200 | €2,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,184 | €15,860 | +€3,676 | +30.2% |
| Deferred charges and accrued income | 490/1 | €307 | €25 | -€283 | -92.0% |
| Total equity and liabilities | 10/49 | €1,000,942 | €983,269 | -€17,673 | -1.8% |
| Equity | 10/15 | €529,277 | €524,085 | -€5,192 | -1.0% |
| Contributions | 10/11 | €744,647 | €744,647 | = | 0.0% |
| Capital | 10 | €744,647 | €744,647 | = | 0.0% |
| Issued capital | 100 | €744,647 | €744,647 | = | 0.0% |
| Reserves | 13 | €6,066 | €6,066 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,066 | €6,066 | = | 0.0% |
| Legal reserve | 130 | €6,066 | €6,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,436 | -€226,628 | -€5,192 | -2.3% |
| Amounts payable | 17/49 | €471,665 | €459,183 | -€12,481 | -2.6% |
| Amounts payable after more than one year | 17 | €452,879 | €452,879 | = | 0.0% |
| Other amounts payable | 178/9 | €452,879 | €452,879 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,786 | €6,304 | -€12,481 | -66.4% |
| Trade debts | 44 | €10,391 | €689 | -€9,702 | -93.4% |
| Suppliers | 440/4 | €10,391 | €689 | -€9,702 | -93.4% |
| Taxes, remuneration and social security | 45 | €1,134 | €1,134 | = | 0.0% |
| Taxes | 450/3 | €1,134 | €1,134 | = | 0.0% |
| Other amounts payable | 47/48 | €7,261 | €4,482 | -€2,779 | -38.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,937 | €27,584 | -€353 | -1.3% |
| Other operating charges | 640/8 | €3,392 | €6,274 | +€2,882 | +85.0% |
| Gross operating margin | 9900 | €9,907 | €10,620 | +€713 | +7.2% |
| Operating profit (loss) | 9901 | -€21,421 | -€23,238 | -€1,816 | -8.5% |
| Financial income | 75/76B | €20,092 | €19,053 | -€1,039 | -5.2% |
| Recurring financial income | 75 | €20,092 | €19,053 | -€1,039 | -5.2% |
| Financial charges | 65/66B | €1,048 | €1,007 | -€40 | -3.9% |
| Recurring financial charges | 65 | €1,048 | €1,007 | -€40 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,377 | -€5,192 | -€2,815 | -118% |
| Income taxes | 67/77 | €299 | €0 | -€299 | -100% |
| Profit (loss) for the period | 9904 | -€2,676 | -€5,192 | -€2,516 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,676 | -€5,192 | -€2,516 | -94.0% |
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 17 October 2026 via checked.be.