MEDISCOPE: 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.
MEDISCOPE
Largest movements
- Receivables within one year +€901,079
up €901,079 (+1,268%), from €71,044 to €972,123
of which Other amounts receivable: +€866,723
- Financial fixed assets -€864,500
down €864,500 (-100.0%), from €864,770 to €270
- Tangible fixed assets +€265,661
up €265,661 (+287%), from €92,599 to €358,261
of which Plant, machinery and equipment: +€358,261
- Cash -€199,928
down €199,928 (-100.0%), from €199,946 to €18
- Other debts +€934,187
new in 2025: €934,187
- Debts after one year -€620,000
down €620,000 (-83.6%), from €741,805 to €121,805
- Profit (loss) carried forward +€286,249
up €286,249 (+69.6%), from -€411,333 to -€125,083
- Accrued charges and deferred income -€225,641
down €225,641 (-99.4%), from €226,994 to €1,353
- Trade debts -€191,290
down €191,290 (-96.5%), from €198,144 to €6,854
- Gross operating margin -€528,600
down €528,600 (-63.4%), from €834,014 to €305,414
- Financial charges -€61,213
down €61,213 (-64.1%), from €95,447 to €34,234
- Depreciation +€28,268
up €28,268 (+1,213%), from €2,331 to €30,599
- Other operating charges -€18,683
down €18,683 (-91.7%), from €20,385 to €1,702
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,231,454 | €1,330,672 | +€99,218 | +8.1% |
| Fixed assets | 21/28 | €957,369 | €358,531 | -€598,839 | -62.6% |
| Tangible fixed assets | 22/27 | €92,599 | €358,261 | +€265,661 | +287% |
| Land and buildings | 22 | €92,599 | - | -€92,599 | |
| Plant, machinery and equipment | 23 | - | €358,261 | +€358,261 | |
| Financial fixed assets | 28 | €864,770 | €270 | -€864,500 | -100.0% |
| Current assets | 29/58 | €274,085 | €972,141 | +€698,056 | +255% |
| Amounts receivable within one year | 40/41 | €71,044 | €972,123 | +€901,079 | +1,268% |
| Trade receivables | 40 | €6,752 | €41,107 | +€34,356 | +509% |
| Other amounts receivable | 41 | €64,292 | €931,016 | +€866,723 | +1,348% |
| Cash at bank and in hand | 54/58 | €199,946 | €18 | -€199,928 | -100.0% |
| Deferred charges and accrued income | 490/1 | €3,095 | - | -€3,095 | |
| Total equity and liabilities | 10/49 | €1,231,454 | €1,330,672 | +€99,218 | +8.1% |
| Equity | 10/15 | -€65,078 | €185,661 | +€250,739 | |
| Contributions | 10/11 | €70,760 | €70,760 | = | 0.0% |
| Capital | 10 | €70,760 | €70,760 | = | 0.0% |
| Issued capital | 100 | €70,760 | €70,760 | = | 0.0% |
| Reserves | 13 | €275,495 | €239,985 | -€35,510 | -12.9% |
| Non-distributable reserves | 130/1 | €1,540 | €1,540 | = | 0.0% |
| Legal reserve | 130 | €1,540 | €1,540 | = | 0.0% |
| Tax-exempt reserves | 132 | €273,955 | €238,445 | -€35,510 | -13.0% |
| Profit (loss) carried forward | 14 | -€411,333 | -€125,083 | +€286,249 | +69.6% |
| Provisions and deferred taxes | 16 | €91,318 | €79,482 | -€11,837 | -13.0% |
| Deferred taxes | 168 | €91,318 | €79,482 | -€11,837 | -13.0% |
| Amounts payable | 17/49 | €1,205,214 | €1,065,529 | -€139,685 | -11.6% |
| Amounts payable after more than one year | 17 | €741,805 | €121,805 | -€620,000 | -83.6% |
| Financial debts | 170/4 | €741,805 | €121,805 | -€620,000 | -83.6% |
| Amounts payable within one year | 42/48 | €236,415 | €942,371 | +€705,956 | +299% |
| Current portion of amounts payable after more than one year | 42 | €37,675 | - | -€37,675 | |
| Trade debts | 44 | €198,144 | €6,854 | -€191,290 | -96.5% |
| Suppliers | 440/4 | €198,144 | €6,854 | -€191,290 | -96.5% |
| Taxes, remuneration and social security | 45 | €597 | €1,330 | +€734 | +123% |
| Taxes | 450/3 | €597 | €1,330 | +€734 | +123% |
| Other amounts payable | 47/48 | - | €934,187 | +€934,187 | |
| Accrued charges and deferred income | 492/3 | €226,994 | €1,353 | -€225,641 | -99.4% |
| Non-recurring operating income | 76A | - | €117,401 | +€117,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,331 | €30,599 | +€28,268 | +1,213% |
| Other operating charges | 640/8 | €20,385 | €1,702 | -€18,683 | -91.7% |
| Non-recurring operating charges | 66A | €667,094 | - | -€667,094 | |
| Gross operating margin | 9900 | €834,014 | €305,414 | -€528,600 | -63.4% |
| Operating profit (loss) | 9901 | €144,204 | €273,113 | +€128,909 | +89.4% |
| Financial income | 75/76B | €628 | €24 | -€605 | -96.2% |
| Recurring financial income | 75 | €628 | €24 | -€605 | -96.2% |
| Financial charges | 65/66B | €95,447 | €34,234 | -€61,213 | -64.1% |
| Recurring financial charges | 65 | €95,447 | €34,234 | -€61,213 | -64.1% |
| Profit (loss) for the period before taxes | 9903 | €49,386 | €238,903 | +€189,517 | +384% |
| Transfer from deferred taxes | 780 | - | €11,837 | +€11,837 | |
| Profit (loss) for the period | 9904 | €49,386 | €250,739 | +€201,354 | +408% |
| Transfer from tax-exempt reserves | 789 | - | €35,510 | +€35,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,386 | €286,249 | +€236,864 | +480% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.