MEDISARTS: 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.
MEDISARTS
Largest movements
- Cash +€356,105
up €356,105 (+105%), from €340,001 to €696,105
mainly Current investments (+€301,852) and Net result for the year (+€92,499)
- Current investments -€301,852
down €301,852 (-43.4%), from €695,021 to €393,168
- Tangible fixed assets +€38,107
up €38,107 (+2,268%), from €1,680 to €39,788
of which Furniture and vehicles: +€36,440
- Reserves +€92,400
up €92,400 (+9.4%), from €981,927 to €1.1m
- Gross operating margin -€46,102
down €46,102 (-25.6%), from €179,957 to €133,855
- Purchases and services -€45,858
no longer reported in 2025 (was €45,858)
- Taxes -€16,498
down €16,498 (-27.5%), from €59,973 to €43,474
- Depreciation +€3,640
up €3,640 (+147%), from €2,471 to €6,110
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 | €1,057,098 | €1,150,198 | +€93,099 | +8.8% |
| Fixed assets | 21/28 | €1,718 | €39,825 | +€38,107 | +2,218% |
| Tangible fixed assets | 22/27 | €1,680 | €39,788 | +€38,107 | +2,268% |
| Furniture and vehicles | 24 | €1,680 | €38,121 | +€36,440 | +2,169% |
| Other tangible fixed assets | 26 | - | €1,667 | +€1,667 | |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €1,055,381 | €1,110,372 | +€54,992 | +5.2% |
| Amounts receivable within one year | 40/41 | €4,193 | €10,632 | +€6,439 | +154% |
| Trade receivables | 40 | €4,193 | €6,098 | +€1,906 | +45.5% |
| Other amounts receivable | 41 | - | €4,533 | +€4,533 | |
| Current investments | 50/53 | €695,021 | €393,168 | -€301,852 | -43.4% |
| Cash at bank and in hand | 54/58 | €340,001 | €696,105 | +€356,105 | +105% |
| Deferred charges and accrued income | 490/1 | €16,167 | €10,467 | -€5,700 | -35.3% |
| Total equity and liabilities | 10/49 | €1,057,098 | €1,150,198 | +€93,099 | +8.8% |
| Equity | 10/15 | €1,049,914 | €1,142,412 | +€92,499 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €981,927 | €1,074,327 | +€92,400 | +9.4% |
| Distributable reserves | 133 | €981,927 | €1,074,327 | +€92,400 | +9.4% |
| Profit (loss) carried forward | 14 | €61,787 | €61,885 | +€99 | +0.2% |
| Amounts payable | 17/49 | €7,185 | €7,785 | +€601 | +8.4% |
| Amounts payable within one year | 42/48 | €7,185 | €7,785 | +€601 | +8.4% |
| Trade debts | 44 | €754 | €183 | -€571 | -75.7% |
| Suppliers | 440/4 | €754 | €183 | -€571 | -75.7% |
| Taxes, remuneration and social security | 45 | €5,357 | €4,328 | -€1,028 | -19.2% |
| Taxes | 450/3 | €5,357 | €4,328 | -€1,028 | -19.2% |
| Other amounts payable | 47/48 | €1,074 | €3,274 | +€2,200 | +205% |
| Non-recurring operating income | 76A | - | €6,336 | +€6,336 | |
| Goods, raw materials, services and sundry goods | 60/61 | €45,858 | - | -€45,858 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,471 | €6,110 | +€3,640 | +147% |
| Other operating charges | 640/8 | €528 | €1,521 | +€992 | +188% |
| Gross operating margin | 9900 | €179,957 | €133,855 | -€46,102 | -25.6% |
| Operating profit (loss) | 9901 | €176,958 | €126,224 | -€50,734 | -28.7% |
| Financial income | 75/76B | €8,496 | €10,025 | +€1,530 | +18.0% |
| Recurring financial income | 75 | €8,496 | €10,025 | +€1,530 | +18.0% |
| Financial charges | 65/66B | €190 | €277 | +€87 | +45.7% |
| Recurring financial charges | 65 | €190 | €277 | +€87 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €185,264 | €135,973 | -€49,291 | -26.6% |
| Income taxes | 67/77 | €59,973 | €43,474 | -€16,498 | -27.5% |
| Profit (loss) for the period | 9904 | €125,291 | €92,499 | -€32,793 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €125,291 | €92,499 | -€32,793 | -26.2% |
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 18 October 2026 via checked.be.