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MEDIROY: 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.

What changed

MEDIROY

BE 0735.466.767
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€91,444
2024 · €101,098-€9,654
Equity
€39,333
2024 · €65,889-€26,556
Cash
€116,208
2024 · €187,241-€71,033
Balance sheet total
€149,682
2024 · €241,440-€91,757

Largest movements

2024 to 2025
Assets
  • Cash -€71,033

    down €71,033 (-37.9%), from €187,241 to €116,208

    mainly Contributions, distributions and other (-€118,000) and Tax, wage and social debts (-€41,300)

  • Tangible fixed assets -€21,474

    down €21,474 (-41.9%), from €51,199 to €29,725

    of which Furniture and vehicles: -€20,931

Equity and liabilities
  • Tax, wage and social debts -€41,300

    down €41,300 (-87.9%), from €47,000 to €5,700

  • Profit (loss) carried forward -€26,556

    down €26,556 (-41.7%), from €63,689 to €37,133

  • Debts after one year -€10,520

    down €10,520 (-55.2%), from €19,053 to €8,533

  • Current portion of long-term debt -€8,290

    down €8,290 (-44.1%), from €18,811 to €10,520

  • Trade debts -€5,437

    no longer reported in 2025 (was €5,437)

Income statement
  • Gross operating margin -€8,658

    down €8,658 (-5.7%), from €150,746 to €142,088

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €101,098
Gross operating margin -€8,658
Depreciation -€445
Other operating charges -€100
Financial charges +€101
Taxes -€551
Result 2025 €91,444

Cash bridge derived

cash 2024 to 2025

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.

From operations +€65,732
Investment €0
Financing -€136,765
Cash 2024 €187,241
Net result for the year +€91,444
Depreciation +€21,474
Receivables within one year -€750
Trade debts -€5,437
Tax, wage and social debts -€41,300
Other debts +€300
Debts after one year -€10,520
Current portion of long-term debt -€8,290
Short-term financial debts +€46
Contributions, distributions and other -€118,000
Cash 2025 €116,208
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €241,440 €149,682 -€91,757 -38.0%
Fixed assets 21/28 €51,199 €29,725 -€21,474 -41.9%
Tangible fixed assets 22/27 €51,199 €29,725 -€21,474 -41.9%
Plant, machinery and equipment 23 €5,437 €4,893 -€544 -10.0%
Furniture and vehicles 24 €45,762 €24,832 -€20,931 -45.7%
Current assets 29/58 €190,241 €119,958 -€70,283 -36.9%
Amounts receivable within one year 40/41 €3,000 €3,750 +€750 +25.0%
Other amounts receivable 41 €3,000 €3,750 +€750 +25.0%
Cash at bank and in hand 54/58 €187,241 €116,208 -€71,033 -37.9%
Total equity and liabilities 10/49 €241,440 €149,682 -€91,757 -38.0%
Equity 10/15 €65,889 €39,333 -€26,556 -40.3%
Contributions 10/11 €2,000 €2,000 = 0.0%
Capital 10 €2,000 €2,000 = 0.0%
Issued capital 100 €2,000 €2,000 = 0.0%
Reserves 13 €200 €200 = 0.0%
Non-distributable reserves 130/1 €200 €200 = 0.0%
Legal reserve 130 €200 €200 = 0.0%
Profit (loss) carried forward 14 €63,689 €37,133 -€26,556 -41.7%
Amounts payable 17/49 €175,550 €110,349 -€65,201 -37.1%
Amounts payable after more than one year 17 €19,053 €8,533 -€10,520 -55.2%
Financial debts 170/4 €19,053 €8,533 -€10,520 -55.2%
Amounts payable within one year 42/48 €156,497 €101,816 -€54,681 -34.9%
Current portion of amounts payable after more than one year 42 €18,811 €10,520 -€8,290 -44.1%
Financial debts 43 €250 €296 +€46 +18.4%
Credit institutions 430/8 €250 €296 +€46 +18.4%
Trade debts 44 €5,437 - -€5,437
Suppliers 440/4 €5,437 - -€5,437
Taxes, remuneration and social security 45 €47,000 €5,700 -€41,300 -87.9%
Taxes 450/3 €47,000 €5,700 -€41,300 -87.9%
Other amounts payable 47/48 €85,000 €85,300 +€300 +0.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,029 €21,474 +€445 +2.1%
Other operating charges 640/8 €387 €487 +€100 +25.8%
Gross operating margin 9900 €150,746 €142,088 -€8,658 -5.7%
Operating profit (loss) 9901 €129,330 €120,127 -€9,203 -7.1%
Financial charges 65/66B €1,232 €1,132 -€101 -8.2%
Recurring financial charges 65 €1,232 €1,132 -€101 -8.2%
Profit (loss) for the period before taxes 9903 €128,098 €118,995 -€9,102 -7.1%
Income taxes 67/77 €27,000 €27,551 +€551 +2.0%
Profit (loss) for the period 9904 €101,098 €91,444 -€9,654 -9.5%
Profit (loss) for the period to be appropriated 9905 €101,098 €91,444 -€9,654 -9.5%

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 29 September 2026 via checked.be.