MEDISOL: 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.
MEDISOL
Largest movements
- Tangible fixed assets +€56,423
up €56,423 (+44.1%), from €127,805 to €184,227
of which Land and buildings: +€55,674
- Cash +€21,227
up €21,227 (+15.8%), from €134,387 to €155,614
mainly Debts after one year (+€55,538) and Net result for the year (+€43,000)
- Receivables within one year -€8,186
down €8,186 (-95.4%), from €8,584 to €398
of which Other amounts receivable: -€8,186
- Debts after one year +€55,538
up €55,538 (+925.8%), from €5,999 to €61,537
of which Financial debts: +€55,538
- Reserves +€42,999
up €42,999 (+30.7%), from €140,197 to €183,196
- Current portion of long-term debt -€16,813
down €16,813 (-44.2%), from €38,044 to €21,231
- Other debts -€5,671
down €5,671 (-7.8%), from €73,115 to €67,444
- Trade debts -€3,686
down €3,686 (-64.0%), from €5,756 to €2,070
- Depreciation -€17,142
down €17,142 (-47.3%), from €36,274 to €19,132
- Gross operating margin +€16,556
up €16,556 (+24.3%), from €68,109 to €84,665
- Taxes +€9,044
up €9,044 (+113.5%), from €7,969 to €17,013
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 | €285,149 | €355,151 | +€70,002 | +24.5% |
| Fixed assets | 21/28 | €128,055 | €184,477 | +€56,423 | +44.1% |
| Tangible fixed assets | 22/27 | €127,805 | €184,227 | +€56,423 | +44.1% |
| Land and buildings | 22 | €127,007 | €182,681 | +€55,674 | +43.8% |
| Plant, machinery and equipment | 23 | €798 | €532 | -€266 | -33.4% |
| Furniture and vehicles | 24 | - | €1,015 | +€1,015 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €157,094 | €170,674 | +€13,580 | +8.6% |
| Amounts receivable within one year | 40/41 | €8,584 | €398 | -€8,186 | -95.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €8,584 | €398 | -€8,186 | -95.4% |
| Cash at bank and in hand | 54/58 | €134,387 | €155,614 | +€21,227 | +15.8% |
| Deferred charges and accrued income | 490/1 | €14,123 | €14,662 | +€539 | +3.8% |
| Total equity and liabilities | 10/49 | €285,149 | €355,151 | +€70,002 | +24.5% |
| Equity | 10/15 | €159,869 | €202,868 | +€43,000 | +26.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,197 | €183,196 | +€42,999 | +30.7% |
| Distributable reserves | 133 | €140,197 | €183,196 | +€42,999 | +30.7% |
| Profit (loss) carried forward | 14 | €1,072 | €1,072 | +€1 | +0.1% |
| Amounts payable | 17/49 | €125,280 | €152,283 | +€27,003 | +21.6% |
| Amounts payable after more than one year | 17 | €5,999 | €61,537 | +€55,538 | +925.8% |
| Financial debts | 170/4 | €2,999 | €58,537 | +€55,538 | +1851.9% |
| Other amounts payable | 178/9 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €119,281 | €90,746 | -€28,535 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €38,044 | €21,231 | -€16,813 | -44.2% |
| Trade debts | 44 | €5,756 | €2,070 | -€3,686 | -64.0% |
| Suppliers | 440/4 | €5,756 | €2,070 | -€3,686 | -64.0% |
| Taxes, remuneration and social security | 45 | €2,366 | €0 | -€2,366 | -100.0% |
| Taxes | 450/3 | €2,366 | €0 | -€2,366 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €73,115 | €67,444 | -€5,671 | -7.8% |
| Non-recurring operating income | 76A | €12,000 | €0 | -€12,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,274 | €19,132 | -€17,142 | -47.3% |
| Other operating charges | 640/8 | €2,449 | €2,539 | +€90 | +3.7% |
| Gross operating margin | 9900 | €68,109 | €84,665 | +€16,556 | +24.3% |
| Operating profit (loss) | 9901 | €29,386 | €62,995 | +€33,609 | +114.4% |
| Financial income | 75/76B | €724 | €855 | +€131 | +18.1% |
| Recurring financial income | 75 | €724 | €855 | +€131 | +18.1% |
| Financial charges | 65/66B | €3,250 | €3,837 | +€587 | +18.0% |
| Recurring financial charges | 65 | €3,250 | €3,837 | +€587 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €26,859 | €60,013 | +€33,153 | +123.4% |
| Income taxes | 67/77 | €7,969 | €17,013 | +€9,044 | +113.5% |
| Profit (loss) for the period | 9904 | €18,891 | €43,000 | +€24,109 | +127.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,891 | €43,000 | +€24,109 | +127.6% |
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 29 September 2026 via checked.be.