MEDIRIVAGE: 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.
MEDIRIVAGE
Largest movements
- Intangible fixed assets -€32,291
down €32,291 (-30.6%), from €105,405 to €73,114
- Cash -€7,110
down €7,110 (-10.1%), from €70,503 to €63,393
mainly Debts after one year (-€34,879) and Other debts (-€30,000)
- Receivables within one year -€2,697
down €2,697 (-62.9%), from €4,289 to €1,593
of which Trade receivables: -€2,010
- Debts after one year -€34,879
down €34,879 (-41.9%), from €83,145 to €48,266
- Other debts -€30,000
down €30,000 (-75.0%), from €40,000 to €10,000
- Profit (loss) carried forward +€16,194
up €16,194 (+120%), from €13,446 to €29,640
- Tax, wage and social debts +€4,979
up €4,979 (+74.0%), from €6,730 to €11,709
of which Taxes: +€4,979
- Gross operating margin +€24,412
up €24,412 (+53.1%), from €45,973 to €70,385
- Taxes +€5,001
up €5,001 (+204%), from €2,457 to €7,459
- Financial income -€1,056
down €1,056 (-91.0%), from €1,161 to €105
- Financial charges -€868
down €868 (-51.2%), from €1,696 to €827
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 | €187,304 | €144,823 | -€42,481 | -22.7% |
| Fixed assets | 21/28 | €110,672 | €77,924 | -€32,748 | -29.6% |
| Intangible fixed assets | 21 | €105,405 | €73,114 | -€32,291 | -30.6% |
| Tangible fixed assets | 22/27 | €5,267 | €4,809 | -€457 | -8.7% |
| Plant, machinery and equipment | 23 | €3,350 | €3,552 | +€202 | +6.0% |
| Furniture and vehicles | 24 | €1,079 | €540 | -€540 | -50.0% |
| Other tangible fixed assets | 26 | €837 | €718 | -€120 | -14.3% |
| Current assets | 29/58 | €76,632 | €66,899 | -€9,733 | -12.7% |
| Amounts receivable within one year | 40/41 | €4,289 | €1,593 | -€2,697 | -62.9% |
| Trade receivables | 40 | €2,010 | - | -€2,010 | |
| Other amounts receivable | 41 | €2,279 | €1,593 | -€687 | -30.1% |
| Cash at bank and in hand | 54/58 | €70,503 | €63,393 | -€7,110 | -10.1% |
| Deferred charges and accrued income | 490/1 | €1,840 | €1,913 | +€74 | +4.0% |
| Total equity and liabilities | 10/49 | €187,304 | €144,823 | -€42,481 | -22.7% |
| Equity | 10/15 | €23,446 | €39,640 | +€16,194 | +69.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,446 | €29,640 | +€16,194 | +120% |
| Amounts payable | 17/49 | €163,858 | €105,182 | -€58,676 | -35.8% |
| Amounts payable after more than one year | 17 | €83,145 | €48,266 | -€34,879 | -41.9% |
| Financial debts | 170/4 | €83,145 | €48,266 | -€34,879 | -41.9% |
| Amounts payable within one year | 42/48 | €80,712 | €56,901 | -€23,811 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €33,776 | €34,513 | +€737 | +2.2% |
| Trade debts | 44 | €207 | €679 | +€473 | +229% |
| Suppliers | 440/4 | €207 | €679 | +€473 | +229% |
| Taxes, remuneration and social security | 45 | €6,730 | €11,709 | +€4,979 | +74.0% |
| Taxes | 450/3 | €3,938 | €8,917 | +€4,979 | +126% |
| Remuneration and social security | 454/9 | €2,792 | €2,792 | = | 0.0% |
| Other amounts payable | 47/48 | €40,000 | €10,000 | -€30,000 | -75.0% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Remuneration, social security and pensions | 62 | - | €8 | +€8 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,308 | €35,602 | +€293 | +0.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €45,973 | €70,385 | +€24,412 | +53.1% |
| Operating profit (loss) | 9901 | €10,277 | €34,376 | +€24,099 | +234% |
| Financial income | 75/76B | €1,161 | €105 | -€1,056 | -91.0% |
| Recurring financial income | 75 | €1,161 | €105 | -€1,056 | -91.0% |
| Financial charges | 65/66B | €1,696 | €827 | -€868 | -51.2% |
| Recurring financial charges | 65 | €1,696 | €827 | -€868 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €9,742 | €33,653 | +€23,911 | +245% |
| Income taxes | 67/77 | €2,457 | €7,459 | +€5,001 | +204% |
| Profit (loss) for the period | 9904 | €7,285 | €26,194 | +€18,910 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €7,285 | €26,194 | +€18,910 | +260% |
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 1 November 2026 via checked.be.