MEDISEC CONSULTING: 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.
MEDISEC CONSULTING
Largest movements
- Cash +€226,878
up €226,878 (+2,006%), from €11,312 to €238,191
mainly Net result for the year (+€176,745) and Receivables within one year (+€95,893)
- Receivables within one year -€95,893
down €95,893 (-20.7%), from €463,793 to €367,900
of which Trade receivables: -€99,452
- Current investments -€41,030
down €41,030 (-83.3%), from €49,258 to €8,228
- Financial fixed assets -€18,750
down €18,750 (-4.2%), from €448,750 to €430,000
- Tangible fixed assets -€16,131
down €16,131 (-3.7%), from €434,639 to €418,508
of which Land and buildings: -€39,895
- Debts after one year -€46,773
down €46,773 (-14.8%), from €316,156 to €269,382
- Reserves +€40,319
up €40,319 (+5.3%), from €758,771 to €799,090
of which Distributable reserves: +€61,819
- Tax, wage and social debts +€39,754
up €39,754 (+72.7%), from €54,668 to €94,422
of which Taxes: +€34,954
- Other debts +€23,097
up €23,097 (+640%), from €3,607 to €26,704
- Financial income +€332,205
up €332,205 (+213,061%), from €156 to €332,360
of which Non-recurring financial income: +€308,942
- Gross operating margin -€273,445
down €273,445, from €183,093 to -€90,352
- Taxes -€51,347
down €51,347, from €44,166 to -€7,180
- Financial charges +€3,228
up €3,228 (+23.0%), from €14,045 to €17,273
- Depreciation -€2,909
down €2,909 (-6.5%), from €44,590 to €41,681
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 | €1,411,781 | €1,464,135 | +€52,354 | +3.7% |
| Fixed assets | 21/28 | €883,389 | €848,508 | -€34,881 | -3.9% |
| Tangible fixed assets | 22/27 | €434,639 | €418,508 | -€16,131 | -3.7% |
| Land and buildings | 22 | €431,250 | €391,355 | -€39,895 | -9.3% |
| Furniture and vehicles | 24 | €3,388 | €27,153 | +€23,764 | +701% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €448,750 | €430,000 | -€18,750 | -4.2% |
| Current assets | 29/58 | €528,392 | €615,627 | +€87,235 | +16.5% |
| Amounts receivable within one year | 40/41 | €463,793 | €367,900 | -€95,893 | -20.7% |
| Trade receivables | 40 | €128,789 | €29,337 | -€99,452 | -77.2% |
| Other amounts receivable | 41 | €335,004 | €338,563 | +€3,559 | +1.1% |
| Current investments | 50/53 | €49,258 | €8,228 | -€41,030 | -83.3% |
| Cash at bank and in hand | 54/58 | €11,312 | €238,191 | +€226,878 | +2,006% |
| Deferred charges and accrued income | 490/1 | €4,028 | €1,308 | -€2,720 | -67.5% |
| Total equity and liabilities | 10/49 | €1,411,781 | €1,464,135 | +€52,354 | +3.7% |
| Equity | 10/15 | €973,771 | €1,014,090 | +€40,319 | +4.1% |
| Contributions | 10/11 | €215,000 | €215,000 | = | 0.0% |
| Reserves | 13 | €758,771 | €799,090 | +€40,319 | +5.3% |
| Non-distributable reserves | 130/1 | €21,500 | €0 | -€21,500 | -100% |
| Reserves not available under the articles | 1311 | €21,500 | €0 | -€21,500 | -100% |
| Distributable reserves | 133 | €737,271 | €799,090 | +€61,819 | +8.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €438,010 | €450,045 | +€12,035 | +2.7% |
| Amounts payable after more than one year | 17 | €316,156 | €269,382 | -€46,773 | -14.8% |
| Financial debts | 170/4 | €316,156 | €269,382 | -€46,773 | -14.8% |
| Amounts payable within one year | 42/48 | €121,831 | €174,814 | +€52,983 | +43.5% |
| Current portion of amounts payable after more than one year | 42 | €44,807 | €46,773 | +€1,966 | +4.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €18,749 | €6,915 | -€11,834 | -63.1% |
| Suppliers | 440/4 | €18,749 | €6,915 | -€11,834 | -63.1% |
| Taxes, remuneration and social security | 45 | €54,668 | €94,422 | +€39,754 | +72.7% |
| Taxes | 450/3 | €54,668 | €89,622 | +€34,954 | +63.9% |
| Remuneration and social security | 454/9 | - | €4,800 | +€4,800 | |
| Other amounts payable | 47/48 | €3,607 | €26,704 | +€23,097 | +640% |
| Accrued charges and deferred income | 492/3 | €23 | €5,848 | +€5,825 | +25,326% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,590 | €41,681 | -€2,909 | -6.5% |
| Other operating charges | 640/8 | €11,994 | €12,557 | +€563 | +4.7% |
| Non-recurring operating charges | 66A | - | €933 | +€933 | |
| Gross operating margin | 9900 | €183,093 | -€90,352 | -€273,445 | |
| Operating profit (loss) | 9901 | €126,509 | -€145,523 | -€272,032 | |
| Financial income | 75/76B | €156 | €332,360 | +€332,205 | +213,061% |
| Recurring financial income | 75 | €156 | €23,418 | +€23,262 | +14,919% |
| Non-recurring financial income | 76B | - | €308,942 | +€308,942 | |
| Financial charges | 65/66B | €14,045 | €17,273 | +€3,228 | +23.0% |
| Recurring financial charges | 65 | €14,045 | €17,273 | +€3,228 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €112,620 | €169,565 | +€56,945 | +50.6% |
| Income taxes | 67/77 | €44,166 | -€7,180 | -€51,347 | |
| Profit (loss) for the period | 9904 | €68,454 | €176,745 | +€108,291 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €68,454 | €176,745 | +€108,291 | +158% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.