MEDISALE: 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.
What changed
MEDISALE
NACE 46.180, Agents specialised in the wholesale of other particular products
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€13,369
2023 · €715,628-€728,997
Equity
€1.9m
2023 · €1.9m-€13,369
Cash
€147,903
2023 · €306,146-€158,243
Balance sheet total
€7.2m
2023 · €6.6m+€609,594
Largest movements
Assets
- Receivables within one year +€1.2m
up €1.2m (+49.6%), from €2.4m to €3.6m
of which Trade receivables: +€996,013
- Deferred charges and accrued income -€944,258
down €944,258 (-91.4%), from €1.0m to €88,548
- Stocks and contracts +€573,291
up €573,291 (+152%), from €377,970 to €951,261
- Cash -€158,243
down €158,243 (-51.7%), from €306,146 to €147,903
mainly Receivables within one year (-€1.2m) and Trade debts (-€860,652)
Equity and liabilities
- Short-term financial debts +€1.8m
up €1.8m (+1,074%), from €172,084 to €2.0m
- Trade debts -€860,652
down €860,652 (-23.5%), from €3.7m to €2.8m
- Other debts -€344,262
down €344,262 (-49.9%), from €689,681 to €345,419
- Advances received +€78,704
new in 2024: €78,704
Income statement
- Turnover +€2.3m
up €2.3m (+7.5%), from €31.0m to €33.3m
- Goods and materials +€2.3m
up €2.3m (+8.6%), from €26.6m to €28.9m
of which Purchases: +€2.5m
- Services and other goods +€853,310
up €853,310 (+31.4%), from €2.7m to €3.6m
From the 2023 result to the 2024 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 2023
€715,628
Turnover
+€2.3m
Other operating income
+€73,967
Goods and materials
-€2.3m
Services and other goods
-€853,310
Staff costs
-€47,282
Depreciation
-€19,433
Other operating charges
-€668
Other operating items
+€2,479
Financial income
+€4,437
Financial charges
-€34,779
Taxes
+€131,764
Result 2024
-€13,369
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1.9m
Investment
-€63,769
Financing
+€1.8m
Cash 2023
€306,146
From operations (derived)
-€1.9m
Net result for the year
-€13,369
Depreciation
+€115,386
Receivables after one year
-€10,302
Stocks and contracts
-€573,291
Receivables within one year
-€1.2m
Deferred charges and accrued income
+€944,258
Trade debts
-€860,652
Tax, wage and social debts
-€69,822
Advances received
+€78,704
Other debts
-€344,262
Accrued charges and deferred income
+€6,454
Investment (derived)
-€63,769
Investment in fixed assets (net)
-€63,769
Financing
+€1.8m
Current portion of long-term debt
-€35,292
Short-term financial debts
+€1.8m
Cash 2024
€147,903
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,626,508 | €7,236,102 | +€609,594 | +9.2% |
| Fixed assets | 21/28 | €457,959 | €406,342 | -€51,616 | -11.3% |
| Intangible fixed assets | 21 | €311,391 | €275,586 | -€35,805 | -11.5% |
| Tangible fixed assets | 22/27 | €118,163 | €108,501 | -€9,662 | -8.2% |
| Plant, machinery and equipment | 23 | €27,058 | €33,535 | +€6,477 | +23.9% |
| Furniture and vehicles | 24 | €22,091 | €16,523 | -€5,568 | -25.2% |
| Other tangible fixed assets | 26 | €69,014 | €58,443 | -€10,571 | -15.3% |
| Financial fixed assets | 28 | €28,405 | €22,255 | -€6,150 | -21.7% |
| Other financial fixed assets | 284/8 | €28,405 | €22,255 | -€6,150 | -21.7% |
| Amounts receivable and cash guarantees | 285/8 | €28,405 | €22,255 | -€6,150 | -21.7% |
| Current assets | 29/58 | €6,168,550 | €6,829,760 | +€661,211 | +10.7% |
| Amounts receivable after more than one year | 29 | €2,056,480 | €2,066,782 | +€10,302 | +0.5% |
| Other amounts receivable | 291 | €2,056,480 | €2,066,782 | +€10,302 | +0.5% |
| Stocks and contracts in progress | 3 | €377,970 | €951,261 | +€573,291 | +152% |
| Stocks | 30/36 | €377,970 | €951,261 | +€573,291 | +152% |
| Goods purchased for resale | 34 | €377,970 | €951,261 | +€573,291 | +152% |
| Amounts receivable within one year | 40/41 | €2,379,222 | €3,559,340 | +€1.2m | +49.6% |
| Trade receivables | 40 | €1,786,538 | €2,782,551 | +€996,013 | +55.8% |
| Other amounts receivable | 41 | €592,684 | €776,790 | +€184,105 | +31.1% |
| Current investments | 50/53 | €15,926 | €15,926 | = | 0.0% |
| Other investments | 51/53 | €15,926 | €15,926 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €306,146 | €147,903 | -€158,243 | -51.7% |
| Deferred charges and accrued income | 490/1 | €1,032,806 | €88,548 | -€944,258 | -91.4% |
| Total equity and liabilities | 10/49 | €6,626,508 | €7,236,102 | +€609,594 | +9.2% |
| Equity | 10/15 | €1,908,026 | €1,894,657 | -€13,369 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,889,434 | €1,876,065 | -€13,369 | -0.7% |
| Distributable reserves | 133 | €1,889,434 | €1,876,065 | -€13,369 | -0.7% |
| Amounts payable | 17/49 | €4,718,482 | €5,341,446 | +€622,963 | +13.2% |
| Amounts payable within one year | 42/48 | €4,717,391 | €5,333,901 | +€616,509 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €35,292 | - | -€35,292 | |
| Financial debts | 43 | €172,084 | €2,019,917 | +€1.8m | +1,074% |
| Credit institutions | 430/8 | €172,084 | €2,019,917 | +€1.8m | +1,074% |
| Trade debts | 44 | €3,669,833 | €2,809,182 | -€860,652 | -23.5% |
| Suppliers | 440/4 | €3,669,833 | €2,809,182 | -€860,652 | -23.5% |
| Advances received on contracts in progress | 46 | - | €78,704 | +€78,704 | |
| Taxes, remuneration and social security | 45 | €150,501 | €80,679 | -€69,822 | -46.4% |
| Taxes | 450/3 | €35,591 | €14,526 | -€21,065 | -59.2% |
| Remuneration and social security | 454/9 | €114,910 | €66,153 | -€48,757 | -42.4% |
| Other amounts payable | 47/48 | €689,681 | €345,419 | -€344,262 | -49.9% |
| Accrued charges and deferred income | 492/3 | €1,091 | €7,545 | +€6,454 | +592% |
| Operating income | 70/76A | €31,043,313 | €33,427,367 | +€2.4m | +7.7% |
| Turnover | 70 | €30,963,869 | €33,271,477 | +€2.3m | +7.5% |
| Other operating income | 74 | €79,443 | €153,411 | +€73,967 | +93.1% |
| Non-recurring operating income | 76A | - | €2,479 | +€2,479 | |
| Operating charges | 60/66A | €30,144,050 | €33,358,523 | +€3.2m | +10.7% |
| Goods for resale, raw materials and consumables | 60 | €26,616,509 | €28,910,289 | +€2.3m | +8.6% |
| Purchases | 600/8 | €26,656,441 | €29,180,912 | +€2.5m | +9.5% |
| Change in stocks: decrease (increase) | 609 | -€39,932 | -€270,622 | -€230,691 | -578% |
| Services and other goods | 61 | €2,718,075 | €3,571,385 | +€853,310 | +31.4% |
| Remuneration, social security and pensions | 62 | €706,866 | €754,148 | +€47,282 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,953 | €115,386 | +€19,433 | +20.3% |
| Other operating charges | 640/8 | €6,647 | €7,315 | +€668 | +10.0% |
| Operating profit (loss) | 9901 | €899,262 | €68,844 | -€830,419 | -92.3% |
| Financial income | 75/76B | €12,809 | €17,245 | +€4,437 | +34.6% |
| Recurring financial income | 75 | €12,809 | €17,245 | +€4,437 | +34.6% |
| Income from current assets | 751 | €12,762 | €16,493 | +€3,731 | +29.2% |
| Other financial income | 752/9 | €46 | €752 | +€706 | +1,523% |
| Financial charges | 65/66B | €26,187 | €60,966 | +€34,779 | +133% |
| Recurring financial charges | 65 | €26,187 | €60,966 | +€34,779 | +133% |
| Debt charges | 650 | €20,431 | €46,370 | +€25,939 | +127% |
| Other financial charges | 652/9 | €5,756 | €14,596 | +€8,840 | +154% |
| Profit (loss) for the period before taxes | 9903 | €885,884 | €25,123 | -€860,761 | -97.2% |
| Income taxes | 67/77 | €170,256 | €38,492 | -€131,764 | -77.4% |
| Taxes | 670/3 | €170,256 | €38,492 | -€131,764 | -77.4% |
| Profit (loss) for the period | 9904 | €715,628 | -€13,369 | -€728,997 | |
| Profit (loss) for the period to be appropriated | 9905 | €715,628 | -€13,369 | -€728,997 |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.