MEDISSEY: 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.
MEDISSEY
Largest movements
- Receivables within one year +€36,302
up €36,302 (+1,668%), from €2,177 to €38,479
of which Other amounts receivable: +€30,156
- Cash -€9,571
down €9,571 (-31.2%), from €30,641 to €21,070
mainly Receivables within one year (-€36,302) and Investment in fixed assets (net) (-€25,178)
- Tangible fixed assets +€2,942
up €2,942 (+4.7%), from €62,319 to €65,261
of which Plant, machinery and equipment: +€10,123
- Profit (loss) carried forward +€34,919
up €34,919 (+93.5%), from €37,346 to €72,265
- Other debts -€20,168
down €20,168 (-96.1%), from €20,978 to €810
- Trade debts +€7,081
up €7,081 (+33.5%), from €21,130 to €28,211
- Tax, wage and social debts +€6,671
up €6,671 (+71.2%), from €9,372 to €16,043
of which Taxes: +€10,687
- Staff costs -€35,163
down €35,163 (-82.1%), from €42,809 to €7,646
- Gross operating margin -€27,989
down €27,989 (-24.5%), from €114,145 to €86,156
- Taxes +€10,170
up €10,170 (+424%), from €2,400 to €12,570
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 | €167,461 | €195,687 | +€28,226 | +16.9% |
| Fixed assets | 21/28 | €63,419 | €66,361 | +€2,942 | +4.6% |
| Tangible fixed assets | 22/27 | €62,319 | €65,261 | +€2,942 | +4.7% |
| Land and buildings | 22 | €5,000 | - | -€5,000 | |
| Plant, machinery and equipment | 23 | €29,287 | €39,410 | +€10,123 | +34.6% |
| Furniture and vehicles | 24 | €28,032 | €25,851 | -€2,181 | -7.8% |
| Financial fixed assets | 28 | €1,100 | €1,100 | = | 0.0% |
| Current assets | 29/58 | €104,042 | €129,326 | +€25,284 | +24.3% |
| Stocks and contracts in progress | 3 | €70,993 | €69,569 | -€1,424 | -2.0% |
| Stocks | 30/36 | €70,993 | €69,569 | -€1,424 | -2.0% |
| Amounts receivable within one year | 40/41 | €2,177 | €38,479 | +€36,302 | +1,668% |
| Trade receivables | 40 | €1,636 | €7,782 | +€6,146 | +376% |
| Other amounts receivable | 41 | €541 | €30,697 | +€30,156 | +5,574% |
| Cash at bank and in hand | 54/58 | €30,641 | €21,070 | -€9,571 | -31.2% |
| Deferred charges and accrued income | 490/1 | €231 | €208 | -€23 | -10.0% |
| Total equity and liabilities | 10/49 | €167,461 | €195,687 | +€28,226 | +16.9% |
| Equity | 10/15 | €115,516 | €150,435 | +€34,919 | +30.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €3,170 | €3,170 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,170 | €3,170 | = | 0.0% |
| Legal reserve | 130 | €3,170 | €3,170 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,346 | €72,265 | +€34,919 | +93.5% |
| Amounts payable | 17/49 | €51,945 | €45,252 | -€6,693 | -12.9% |
| Amounts payable within one year | 42/48 | €51,480 | €45,064 | -€6,416 | -12.5% |
| Trade debts | 44 | €21,130 | €28,211 | +€7,081 | +33.5% |
| Suppliers | 440/4 | €21,130 | €28,211 | +€7,081 | +33.5% |
| Taxes, remuneration and social security | 45 | €9,372 | €16,043 | +€6,671 | +71.2% |
| Taxes | 450/3 | €4,583 | €15,270 | +€10,687 | +233% |
| Remuneration and social security | 454/9 | €4,789 | €773 | -€4,016 | -83.9% |
| Other amounts payable | 47/48 | €20,978 | €810 | -€20,168 | -96.1% |
| Accrued charges and deferred income | 492/3 | €465 | €188 | -€277 | -59.6% |
| Remuneration, social security and pensions | 62 | €42,809 | €7,646 | -€35,163 | -82.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,930 | €22,236 | +€306 | +1.4% |
| Other operating charges | 640/8 | €4,815 | €4,621 | -€194 | -4.0% |
| Non-recurring operating charges | 66A | - | €1,974 | +€1,974 | |
| Gross operating margin | 9900 | €114,145 | €86,156 | -€27,989 | -24.5% |
| Operating profit (loss) | 9901 | €44,591 | €49,679 | +€5,088 | +11.4% |
| Financial income | 75/76B | €11 | €3 | -€8 | -72.7% |
| Recurring financial income | 75 | €11 | €3 | -€8 | -72.7% |
| Financial charges | 65/66B | €2,261 | €2,193 | -€68 | -3.0% |
| Recurring financial charges | 65 | €2,261 | €2,193 | -€68 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €42,341 | €47,489 | +€5,148 | +12.2% |
| Income taxes | 67/77 | €2,400 | €12,570 | +€10,170 | +424% |
| Profit (loss) for the period | 9904 | €39,941 | €34,919 | -€5,022 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,941 | €34,919 | -€5,022 | -12.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.