MEDIRAD CV: 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.
MEDIRAD CV
Largest movements
- Cash -€245,785
down €245,785 (-87.7%), from €280,128 to €34,343
mainly Contributions, distributions and other (-€1.1m) and Deferred charges and accrued income (-€40,003)
- Deferred charges and accrued income +€40,003
up €40,003 (+29.8%), from €134,039 to €174,042
- Current investments -€30,000
down €30,000 (-10.7%), from €280,000 to €250,000
- Receivables within one year -€22,351
down €22,351 (-100%), from €22,351 to €0
- Tangible fixed assets -€9,391
down €9,391 (-26.8%), from €35,063 to €25,671
of which Furniture and vehicles: -€10,442
- Reserves -€646,407
down €646,407 (-100%), from €646,407 to €0
- Other debts +€413,781
up €413,781, from €0 to €413,781
- Tax, wage and social debts -€35,169
down €35,169 (-34.6%), from €101,790 to €66,621
- Gross operating margin +€113,720
up €113,720 (+26.0%), from €438,001 to €551,721
- Taxes +€27,595
up €27,595 (+26.5%), from €104,272 to €131,867
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 | €751,581 | €484,056 | -€267,525 | -35.6% |
| Fixed assets | 21/28 | €35,063 | €25,671 | -€9,391 | -26.8% |
| Tangible fixed assets | 22/27 | €35,063 | €25,671 | -€9,391 | -26.8% |
| Plant, machinery and equipment | 23 | €588 | €1,640 | +€1,051 | +179% |
| Furniture and vehicles | 24 | €34,474 | €24,032 | -€10,442 | -30.3% |
| Current assets | 29/58 | €716,518 | €458,385 | -€258,134 | -36.0% |
| Amounts receivable within one year | 40/41 | €22,351 | €0 | -€22,351 | -100% |
| Other amounts receivable | 41 | €22,351 | €0 | -€22,351 | -100% |
| Current investments | 50/53 | €280,000 | €250,000 | -€30,000 | -10.7% |
| Cash at bank and in hand | 54/58 | €280,128 | €34,343 | -€245,785 | -87.7% |
| Deferred charges and accrued income | 490/1 | €134,039 | €174,042 | +€40,003 | +29.8% |
| Total equity and liabilities | 10/49 | €751,581 | €484,056 | -€267,525 | -35.6% |
| Equity | 10/15 | €649,407 | €3,000 | -€646,407 | -99.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €646,407 | €0 | -€646,407 | -100% |
| Distributable reserves | 133 | €646,407 | €0 | -€646,407 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €102,174 | €481,056 | +€378,883 | +371% |
| Amounts payable within one year | 42/48 | €102,174 | €481,056 | +€378,883 | +371% |
| Trade debts | 44 | €383 | €654 | +€271 | +70.6% |
| Suppliers | 440/4 | €383 | €654 | +€271 | +70.6% |
| Taxes, remuneration and social security | 45 | €101,790 | €66,621 | -€35,169 | -34.6% |
| Taxes | 450/3 | €101,790 | €66,621 | -€35,169 | -34.6% |
| Other amounts payable | 47/48 | €0 | €413,781 | +€413,781 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,975 | €11,340 | +€365 | +3.3% |
| Other operating charges | 640/8 | €700 | €1,187 | +€487 | +69.6% |
| Gross operating margin | 9900 | €438,001 | €551,721 | +€113,720 | +26.0% |
| Operating profit (loss) | 9901 | €426,326 | €539,194 | +€112,868 | +26.5% |
| Financial income | 75/76B | €8,365 | €5,076 | -€3,289 | -39.3% |
| Recurring financial income | 75 | €8,365 | €5,076 | -€3,289 | -39.3% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €434,647 | €544,224 | +€109,577 | +25.2% |
| Income taxes | 67/77 | €104,272 | €131,867 | +€27,595 | +26.5% |
| Profit (loss) for the period | 9904 | €330,375 | €412,357 | +€81,982 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €330,375 | €412,357 | +€81,982 | +24.8% |
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.