MEDIRAD: 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.
MEDIRAD
Largest movements
- Cash +€97,259
up €97,259 (+332.8%), from €29,222 to €126,481
mainly Net result for the year (+€179,688) and Current portion of long-term debt (+€11,774)
- Receivables within one year +€95,940
up €95,940 (+108.3%), from €88,613 to €184,553
of which Other amounts receivable: +€94,343
- Profit (loss) carried forward +€179,688
up €179,688 (+99.7%), from €180,184 to €359,872
- Current portion of long-term debt +€11,774
new in 2025: €11,774
- Accrued charges and deferred income +€8,674
up €8,674 (+665.0%), from €1,304 to €9,978
- Tax, wage and social debts -€4,108
down €4,108 (-27.1%), from €15,148 to €11,041
- Financial income +€5,684
up €5,684 (+304.5%), from €1,866 to €7,550
- Gross operating margin -€4,278
down €4,278 (-1.8%), from €241,117 to €236,839
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 | €205,762 | €400,389 | +€194,627 | +94.6% |
| Fixed assets | 21/28 | €17,105 | €21,312 | +€4,207 | +24.6% |
| Tangible fixed assets | 22/27 | €17,105 | €20,570 | +€3,465 | +20.3% |
| Furniture and vehicles | 24 | €15,378 | €11,610 | -€3,768 | -24.5% |
| Other tangible fixed assets | 26 | €1,727 | €8,960 | +€7,233 | +418.7% |
| Financial fixed assets | 28 | - | €742 | +€742 | |
| Current assets | 29/58 | €188,657 | €379,077 | +€190,420 | +100.9% |
| Amounts receivable within one year | 40/41 | €88,613 | €184,553 | +€95,940 | +108.3% |
| Trade receivables | 40 | €9,444 | €11,041 | +€1,597 | +16.9% |
| Other amounts receivable | 41 | €79,169 | €173,512 | +€94,343 | +119.2% |
| Cash at bank and in hand | 54/58 | €29,222 | €126,481 | +€97,259 | +332.8% |
| Deferred charges and accrued income | 490/1 | €70,822 | €68,043 | -€2,779 | -3.9% |
| Total equity and liabilities | 10/49 | €205,762 | €400,389 | +€194,627 | +94.6% |
| Equity | 10/15 | €182,384 | €362,072 | +€179,688 | +98.5% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,184 | €359,872 | +€179,688 | +99.7% |
| Amounts payable | 17/49 | €23,378 | €38,317 | +€14,939 | +63.9% |
| Amounts payable after more than one year | 17 | - | €742 | +€742 | |
| Other amounts payable | 178/9 | - | €742 | +€742 | |
| Amounts payable within one year | 42/48 | €22,074 | €27,597 | +€5,523 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,774 | +€11,774 | |
| Trade debts | 44 | €6,926 | €4,782 | -€2,143 | -30.9% |
| Suppliers | 440/4 | €6,926 | €4,782 | -€2,143 | -30.9% |
| Taxes, remuneration and social security | 45 | €15,148 | €11,041 | -€4,108 | -27.1% |
| Taxes | 450/3 | €15,148 | €11,041 | -€4,108 | -27.1% |
| Accrued charges and deferred income | 492/3 | €1,304 | €9,978 | +€8,674 | +665.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,443 | €6,083 | +€1,640 | +36.9% |
| Other operating charges | 640/8 | €1,874 | €956 | -€917 | -49.0% |
| Gross operating margin | 9900 | €241,117 | €236,839 | -€4,278 | -1.8% |
| Operating profit (loss) | 9901 | €234,801 | €229,801 | -€5,000 | -2.1% |
| Financial income | 75/76B | €1,866 | €7,550 | +€5,684 | +304.5% |
| Recurring financial income | 75 | €1,866 | €7,550 | +€5,684 | +304.5% |
| Financial charges | 65/66B | €380 | €957 | +€577 | +151.9% |
| Recurring financial charges | 65 | €380 | €957 | +€577 | +151.9% |
| Profit (loss) for the period before taxes | 9903 | €236,287 | €236,393 | +€106 | 0.0% |
| Income taxes | 67/77 | €56,103 | €56,705 | +€602 | +1.1% |
| Profit (loss) for the period | 9904 | €180,184 | €179,688 | -€496 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €180,184 | €179,688 | -€496 | -0.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.