medispi: 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.
medispi
Largest movements
- Cash +€100,007
up €100,007 (+242.1%), from €41,308 to €141,315
mainly Net result for the year (+€81,600) and Tax, wage and social debts (+€22,430)
- Receivables within one year +€5,500
up €5,500, from €0 to €5,500
- Tangible fixed assets +€3,391
up €3,391 (+188.9%), from €1,796 to €5,187
of which Furniture and vehicles: +€3,391
- Deferred charges and accrued income -€2,214
down €2,214 (-5.4%), from €41,072 to €38,859
- Reserves +€81,600
up €81,600 (+126.1%), from €64,720 to €146,320
of which Distributable reserves: +€81,600
- Tax, wage and social debts +€22,430
up €22,430 (+205.9%), from €10,894 to €33,325
of which Taxes: +€22,430
- Trade debts +€2,654
up €2,654, from €0 to €2,654
- Turnover +€66,484
up €66,484 (+30.0%), from €221,248 to €287,732
- Gross operating margin +€60,057
up €60,057 (+107.3%), from €55,969 to €116,026
- Taxes +€19,526
up €19,526 (+145.7%), from €13,405 to €32,930
- Purchases and services +€6,683
up €6,683 (+4.0%), from €166,879 to €173,562
- Depreciation -€5,172
down €5,172 (-87.4%), from €5,920 to €748
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 | €84,176 | €190,860 | +€106,685 | +126.7% |
| Fixed assets | 21/28 | €1,796 | €5,187 | +€3,391 | +188.9% |
| Tangible fixed assets | 22/27 | €1,796 | €5,187 | +€3,391 | +188.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,796 | €5,187 | +€3,391 | +188.9% |
| Current assets | 29/58 | €82,380 | €185,673 | +€103,293 | +125.4% |
| Amounts receivable within one year | 40/41 | €0 | €5,500 | +€5,500 | |
| Other amounts receivable | 41 | €0 | €5,500 | +€5,500 | |
| Cash at bank and in hand | 54/58 | €41,308 | €141,315 | +€100,007 | +242.1% |
| Deferred charges and accrued income | 490/1 | €41,072 | €38,859 | -€2,214 | -5.4% |
| Total equity and liabilities | 10/49 | €84,176 | €190,860 | +€106,685 | +126.7% |
| Equity | 10/15 | €70,923 | €152,524 | +€81,600 | +115.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,720 | €146,320 | +€81,600 | +126.1% |
| Non-distributable reserves | 130/1 | €7,940 | €7,940 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,080 | €6,080 | = | 0.0% |
| Distributable reserves | 133 | €56,780 | €138,380 | +€81,600 | +143.7% |
| Profit (loss) carried forward | 14 | €3 | €3 | = | 0.0% |
| Amounts payable | 17/49 | €13,252 | €38,337 | +€25,084 | +189.3% |
| Amounts payable within one year | 42/48 | €13,252 | €38,337 | +€25,084 | +189.3% |
| Trade debts | 44 | €0 | €2,654 | +€2,654 | |
| Suppliers | 440/4 | €0 | €2,654 | +€2,654 | |
| Taxes, remuneration and social security | 45 | €10,894 | €33,325 | +€22,430 | +205.9% |
| Taxes | 450/3 | €10,894 | €33,325 | +€22,430 | +205.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €2,358 | €2,358 | = | 0.0% |
| Turnover | 70 | €221,248 | €287,732 | +€66,484 | +30.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €166,879 | €173,562 | +€6,683 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,920 | €748 | -€5,172 | -87.4% |
| Other operating charges | 640/8 | €825 | €701 | -€124 | -15.1% |
| Gross operating margin | 9900 | €55,969 | €116,026 | +€60,057 | +107.3% |
| Operating profit (loss) | 9901 | €49,224 | €114,577 | +€65,354 | +132.8% |
| Financial charges | 65/66B | €77 | €47 | -€30 | -39.2% |
| Recurring financial charges | 65 | €77 | €47 | -€30 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €49,147 | €114,531 | +€65,384 | +133.0% |
| Income taxes | 67/77 | €13,405 | €32,930 | +€19,526 | +145.7% |
| Profit (loss) for the period | 9904 | €35,742 | €81,600 | +€45,858 | +128.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,742 | €81,600 | +€45,858 | +128.3% |
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 8 October 2026 via checked.be.