MEDISC: 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.
MEDISC
Largest movements
- Tangible fixed assets -€28,272
down €28,272 (-14.0%), from €201,256 to €172,983
of which Plant, machinery and equipment: -€20,504
- Cash +€25,657
up €25,657 (+74.8%), from €34,314 to €59,971
mainly Other debts (+€37,737) and Depreciation (+€28,272)
- Other debts +€37,737
new in 2025: €37,737
- Reserves -€31,091
down €31,091 (-52.3%), from €59,395 to €28,304
- Debts after one year -€28,933
down €28,933 (-20.1%), from €144,173 to €115,240
- Profit (loss) carried forward +€12,798
no longer reported in 2025 (was -€12,798)
- Tax, wage and social debts +€4,532
up €4,532 (+474.8%), from €955 to €5,487
of which Taxes: +€4,524
- Taxes +€3,195
up €3,195 (+293121.1%), from €1 to €3,196
- Gross operating margin +€1,472
up €1,472 (+2.0%), from €72,645 to €74,117
- Financial charges -€1,022
down €1,022 (-13.2%), from €7,720 to €6,697
- Depreciation -€817
down €817 (-2.8%), from €29,090 to €28,272
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.
Cash bridge derived
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 | €244,876 | €240,774 | -€4,102 | -1.7% |
| Fixed assets | 21/28 | €201,256 | €172,983 | -€28,272 | -14.0% |
| Tangible fixed assets | 22/27 | €201,256 | €172,983 | -€28,272 | -14.0% |
| Land and buildings | 22 | €156,690 | €149,167 | -€7,523 | -4.8% |
| Plant, machinery and equipment | 23 | €44,321 | €23,817 | -€20,504 | -46.3% |
| Furniture and vehicles | 24 | €245 | - | -€245 | |
| Current assets | 29/58 | €43,620 | €67,791 | +€24,170 | +55.4% |
| Amounts receivable within one year | 40/41 | €8,225 | €7,449 | -€776 | -9.4% |
| Trade receivables | 40 | €64 | - | -€64 | |
| Other amounts receivable | 41 | €8,161 | €7,449 | -€712 | -8.7% |
| Cash at bank and in hand | 54/58 | €34,314 | €59,971 | +€25,657 | +74.8% |
| Deferred charges and accrued income | 490/1 | €1,081 | €371 | -€710 | -65.7% |
| Total equity and liabilities | 10/49 | €244,876 | €240,774 | -€4,102 | -1.7% |
| Equity | 10/15 | €58,996 | €40,704 | -€18,293 | -31.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €59,395 | €28,304 | -€31,091 | -52.3% |
| Distributable reserves | 133 | €59,395 | €28,304 | -€31,091 | -52.3% |
| Profit (loss) carried forward | 14 | -€12,798 | - | +€12,798 | |
| Amounts payable | 17/49 | €185,880 | €200,071 | +€14,191 | +7.6% |
| Amounts payable after more than one year | 17 | €144,173 | €115,240 | -€28,933 | -20.1% |
| Financial debts | 170/4 | €144,173 | €115,240 | -€28,933 | -20.1% |
| Amounts payable within one year | 42/48 | €38,349 | €80,575 | +€42,226 | +110.1% |
| Current portion of amounts payable after more than one year | 42 | €27,797 | €28,933 | +€1,136 | +4.1% |
| Trade debts | 44 | €9,598 | €8,418 | -€1,179 | -12.3% |
| Suppliers | 440/4 | €9,598 | €8,418 | -€1,179 | -12.3% |
| Taxes, remuneration and social security | 45 | €955 | €5,487 | +€4,532 | +474.8% |
| Taxes | 450/3 | - | €4,524 | +€4,524 | |
| Remuneration and social security | 454/9 | €955 | €963 | +€8 | +0.9% |
| Other amounts payable | 47/48 | - | €37,737 | +€37,737 | |
| Accrued charges and deferred income | 492/3 | €3,358 | €4,256 | +€898 | +26.7% |
| Remuneration, social security and pensions | 62 | €11,905 | €12,590 | +€685 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,090 | €28,272 | -€817 | -2.8% |
| Other operating charges | 640/8 | €2,843 | €2,933 | +€90 | +3.2% |
| Gross operating margin | 9900 | €72,645 | €74,117 | +€1,472 | +2.0% |
| Operating profit (loss) | 9901 | €28,807 | €30,321 | +€1,515 | +5.3% |
| Financial income | 75/76B | €4 | €487 | +€483 | +13307.4% |
| Recurring financial income | 75 | €4 | €487 | +€483 | +13307.4% |
| Financial charges | 65/66B | €7,720 | €6,697 | -€1,022 | -13.2% |
| Recurring financial charges | 65 | €7,720 | €6,697 | -€1,022 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €21,091 | €24,111 | +€3,020 | +14.3% |
| Income taxes | 67/77 | €1 | €3,196 | +€3,195 | +293121.1% |
| Profit (loss) for the period | 9904 | €21,089 | €20,914 | -€175 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,089 | €20,914 | -€175 | -0.8% |
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 30 September 2026 via checked.be.