MEDISCA: 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.
MEDISCA
Largest movements
- Cash +€12,341
up €12,341 (+3.7%), from €330,908 to €343,249
mainly Net result for the year (+€82,636) and Depreciation (+€11,931)
- Tangible fixed assets -€11,931
down €11,931 (-55.5%), from €21,509 to €9,578
- Reserves +€82,636
up €82,636 (+27.7%), from €298,080 to €380,717
- Tax, wage and social debts -€69,639
down €69,639 (-85.7%), from €81,304 to €11,665
of which Taxes: -€69,829
- Debts after one year -€11,210
no longer reported in 2025 (was €11,210)
- Trade debts +€8,391
up €8,391 (+109.0%), from €7,702 to €16,093
- Other debts -€6,442
no longer reported in 2025 (was €6,442)
- Taxes +€11,482
up €11,482 (+52.1%), from €22,059 to €33,541
- Gross operating margin +€9,631
up €9,631 (+7.9%), from €121,206 to €130,837
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 | €436,845 | €440,097 | +€3,252 | +0.7% |
| Fixed assets | 21/28 | €21,509 | €9,578 | -€11,931 | -55.5% |
| Tangible fixed assets | 22/27 | €21,509 | €9,578 | -€11,931 | -55.5% |
| Furniture and vehicles | 24 | €21,509 | €9,578 | -€11,931 | -55.5% |
| Current assets | 29/58 | €415,336 | €430,519 | +€15,184 | +3.7% |
| Amounts receivable after more than one year | 29 | €82,000 | €82,000 | = | 0.0% |
| Other amounts receivable | 291 | €82,000 | €82,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €471 | €2,745 | +€2,274 | +482.9% |
| Trade receivables | 40 | €471 | €2,374 | +€1,903 | +404.2% |
| Other amounts receivable | 41 | - | €371 | +€371 | |
| Cash at bank and in hand | 54/58 | €330,908 | €343,249 | +€12,341 | +3.7% |
| Deferred charges and accrued income | 490/1 | €1,956 | €2,525 | +€569 | +29.1% |
| Total equity and liabilities | 10/49 | €436,845 | €440,097 | +€3,252 | +0.7% |
| Equity | 10/15 | €318,080 | €400,717 | +€82,636 | +26.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €298,080 | €380,717 | +€82,636 | +27.7% |
| Distributable reserves | 133 | €298,080 | €380,717 | +€82,636 | +27.7% |
| Amounts payable | 17/49 | €118,764 | €39,380 | -€79,384 | -66.8% |
| Amounts payable after more than one year | 17 | €11,210 | - | -€11,210 | |
| Financial debts | 170/4 | €11,210 | - | -€11,210 | |
| Amounts payable within one year | 42/48 | €107,554 | €39,380 | -€68,174 | -63.4% |
| Current portion of amounts payable after more than one year | 42 | €12,088 | €11,210 | -€877 | -7.3% |
| Financial debts | 43 | €18 | €412 | +€394 | +2188.5% |
| Other loans | 439 | €18 | €412 | +€394 | +2188.5% |
| Trade debts | 44 | €7,702 | €16,093 | +€8,391 | +109.0% |
| Suppliers | 440/4 | €7,702 | €16,093 | +€8,391 | +109.0% |
| Taxes, remuneration and social security | 45 | €81,304 | €11,665 | -€69,639 | -85.7% |
| Taxes | 450/3 | €81,304 | €11,475 | -€69,829 | -85.9% |
| Remuneration and social security | 454/9 | - | €190 | +€190 | |
| Other amounts payable | 47/48 | €6,442 | - | -€6,442 | |
| Remuneration, social security and pensions | 62 | €65 | - | -€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,931 | €11,931 | = | 0.0% |
| Other operating charges | 640/8 | €1,548 | €1,938 | +€390 | +25.2% |
| Gross operating margin | 9900 | €121,206 | €130,837 | +€9,631 | +7.9% |
| Operating profit (loss) | 9901 | €107,663 | €116,968 | +€9,305 | +8.6% |
| Financial income | 75/76B | €6 | €25 | +€18 | +296.0% |
| Recurring financial income | 75 | €6 | €25 | +€18 | +296.0% |
| Financial charges | 65/66B | €853 | €815 | -€38 | -4.5% |
| Recurring financial charges | 65 | €853 | €815 | -€38 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €106,816 | €116,178 | +€9,362 | +8.8% |
| Income taxes | 67/77 | €22,059 | €33,541 | +€11,482 | +52.1% |
| Profit (loss) for the period | 9904 | €84,756 | €82,636 | -€2,120 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €84,756 | €82,636 | -€2,120 | -2.5% |
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 3 October 2026 via checked.be.