Medista: 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.
What changed
Medista
NACE 47.741, Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3.1m
2024 · -€3.3m+€110,727
Equity
€2.8m
2024 · €5.9m-€3.1m
Cash
€124,930
2024 · €550,904-€425,974
Balance sheet total
€6.3m
2024 · €7.7m-€1.4m
Largest movements
Assets
- Tangible fixed assets -€617,022
down €617,022 (-44.8%), from €1.4m to €758,958
of which Other tangible fixed assets: -€335,722
- Cash -€425,974
down €425,974 (-77.3%), from €550,904 to €124,930
mainly Net result for the year (-€3.1m) and Investment in fixed assets (net) (-€260,087)
- Current investments -€306,770
down €306,770 (-100%), from €306,770 to €0
- Intangible fixed assets +€250,411
up €250,411 (+70.7%), from €354,023 to €604,433
- Receivables within one year -€205,103
down €205,103 (-4.3%), from €4.8m to €4.6m
of which Other amounts receivable: -€178,833
Equity and liabilities
- Profit (loss) carried forward -€2.9m
down €2.9m (-68.6%), from €4.2m to €1.3m
- Short-term financial debts +€750,000
new in 2025: €750,000
- Other debts +€745,911
up €745,911 (+402%), from €185,485 to €931,396
- Debts after one year +€294,215
up €294,215 (+149%), from €198,050 to €492,265
- Reserves -€276,604
down €276,604 (-25.2%), from €1.1m to €819,800
of which Tax-exempt reserves: -€276,604
Income statement
- Services and other goods -€1.9m
no longer reported in 2025 (was €1.9m)
- Turnover -€1.4m
no longer reported in 2025 (was €1.4m)
- Gross operating margin -€877,174
new in 2025: -€877,174
- Goods and materials -€552,455
no longer reported in 2025 (was €552,455)
of which Purchases: -€551,014
- Depreciation -€186,772
down €186,772 (-22.9%), from €816,451 to €629,678
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.
Result 2024
-€3.3m
Turnover
-€1.4m
Other operating income
-€72,563
Goods and materials
+€552,455
Services and other goods
+€1.9m
Staff costs
+€147,759
Depreciation
+€186,772
Other operating charges
-€89,320
Other operating items
-€1.2m
Financial income
+€63,656
Financial charges
-€43,214
Taxes
+€6,688
Result 2025
-€3.1m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1.4m
Investment
+€46,683
Financing
+€972,070
Cash 2024
€550,904
From operations (derived)
-€1.4m
Net result for the year
-€3.1m
Depreciation
+€629,678
Stocks and contracts
+€40,064
Receivables within one year
+€205,103
Deferred charges and accrued income
+€80,040
Trade debts
-€46,144
Tax, wage and social debts
+€22,707
Other debts
+€745,911
Accrued charges and deferred income
+€25,422
Investment (derived)
+€46,683
Investment in fixed assets (net)
-€260,087
Current investments
+€306,770
Financing
+€972,070
Debts after one year
+€294,215
Current portion of long-term debt
-€72,145
Short-term financial debts
+€750,000
Cash 2025
€124,930
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,699,695 | €6,272,152 | -€1.4m | -18.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,739,410 | €1,369,819 | -€369,592 | -21.2% |
| Intangible fixed assets | 21 | €354,023 | €604,433 | +€250,411 | +70.7% |
| Tangible fixed assets | 22/27 | €1,375,979 | €758,958 | -€617,022 | -44.8% |
| Land and buildings | 22 | €30,104 | €43,637 | +€13,533 | +45.0% |
| Plant, machinery and equipment | 23 | €113,110 | €50,601 | -€62,509 | -55.3% |
| Furniture and vehicles | 24 | €568,140 | €237,546 | -€330,594 | -58.2% |
| Other tangible fixed assets | 26 | €664,625 | €328,903 | -€335,722 | -50.5% |
| Assets under construction and advance payments | 27 | - | €98,270 | +€98,270 | |
| Financial fixed assets | 28 | €9,409 | €6,428 | -€2,981 | -31.7% |
| Affiliated companies | 280/1 | €0 | - | = | |
| Participating interests | 280 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €9,409 | - | -€9,409 | |
| Amounts receivable and cash guarantees | 285/8 | €9,409 | - | -€9,409 | |
| Current assets | 29/58 | €5,960,284 | €4,902,333 | -€1.1m | -17.8% |
| Stocks and contracts in progress | 3 | €225,037 | €184,974 | -€40,064 | -17.8% |
| Stocks | 30/36 | €225,037 | €184,974 | -€40,064 | -17.8% |
| Goods purchased for resale | 34 | €225,037 | - | -€225,037 | |
| Amounts receivable within one year | 40/41 | €4,772,547 | €4,567,444 | -€205,103 | -4.3% |
| Trade receivables | 40 | €4,564,006 | €4,537,735 | -€26,271 | -0.6% |
| Other amounts receivable | 41 | €208,541 | €29,709 | -€178,833 | -85.8% |
| Current investments | 50/53 | €306,770 | €0 | -€306,770 | -100% |
| Other investments | 51/53 | €306,770 | - | -€306,770 | |
| Cash at bank and in hand | 54/58 | €550,904 | €124,930 | -€425,974 | -77.3% |
| Deferred charges and accrued income | 490/1 | €105,026 | €24,986 | -€80,040 | -76.2% |
| Total equity and liabilities | 10/49 | €7,699,695 | €6,272,152 | -€1.4m | -18.5% |
| Equity | 10/15 | €5,931,253 | €2,783,745 | -€3.1m | -53.1% |
| Contributions | 10/11 | €650,000 | €650,000 | = | 0.0% |
| Capital | 10 | €650,000 | €650,000 | = | 0.0% |
| Issued capital | 100 | €650,000 | €650,000 | = | 0.0% |
| Reserves | 13 | €1,096,403 | €819,800 | -€276,604 | -25.2% |
| Non-distributable reserves | 130/1 | €65,000 | €65,000 | = | 0.0% |
| Legal reserve | 130 | €65,000 | €65,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,031,403 | €754,800 | -€276,604 | -26.8% |
| Profit (loss) carried forward | 14 | €4,184,850 | €1,313,946 | -€2.9m | -68.6% |
| Amounts payable | 17/49 | €1,768,441 | €3,488,406 | +€1.7m | +97.3% |
| Amounts payable after more than one year | 17 | €198,050 | €492,265 | +€294,215 | +149% |
| Financial debts | 170/4 | €198,050 | €492,265 | +€294,215 | +149% |
| Credit institutions | 173 | €198,050 | - | -€198,050 | |
| Amounts payable within one year | 42/48 | €1,519,264 | €2,919,593 | +€1.4m | +92.2% |
| Current portion of amounts payable after more than one year | 42 | €372,904 | €300,759 | -€72,145 | -19.3% |
| Financial debts | 43 | - | €750,000 | +€750,000 | |
| Credit institutions | 430/8 | - | €750,000 | +€750,000 | |
| Trade debts | 44 | €924,814 | €878,670 | -€46,144 | -5.0% |
| Suppliers | 440/4 | €924,814 | €878,670 | -€46,144 | -5.0% |
| Taxes, remuneration and social security | 45 | €36,061 | €58,767 | +€22,707 | +63.0% |
| Taxes | 450/3 | €1,149 | €2,882 | +€1,733 | +151% |
| Remuneration and social security | 454/9 | €34,912 | €55,885 | +€20,973 | +60.1% |
| Other amounts payable | 47/48 | €185,485 | €931,396 | +€745,911 | +402% |
| Accrued charges and deferred income | 492/3 | €51,127 | €76,549 | +€25,422 | +49.7% |
| Operating income | 70/76A | €1,522,329 | - | -€1.5m | |
| Turnover | 70 | €1,372,675 | - | -€1.4m | |
| Own construction capitalised | 72 | €72,939 | - | -€72,939 | |
| Other operating income | 74 | €72,563 | - | -€72,563 | |
| Non-recurring operating income | 76A | €4,153 | €5,666 | +€1,514 | +36.5% |
| Operating charges | 60/66A | €4,793,723 | - | -€4.8m | |
| Goods for resale, raw materials and consumables | 60 | €552,455 | - | -€552,455 | |
| Purchases | 600/8 | €551,014 | - | -€551,014 | |
| Change in stocks: decrease (increase) | 609 | €1,441 | - | -€1,441 | |
| Services and other goods | 61 | €1,946,623 | - | -€1.9m | |
| Remuneration, social security and pensions | 62 | €687,362 | €539,603 | -€147,759 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €816,451 | €629,678 | -€186,772 | -22.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €30,690 | €120,010 | +€89,320 | +291% |
| Non-recurring operating charges | 66A | €760,144 | €1,021,332 | +€261,189 | +34.4% |
| Gross operating margin | 9900 | - | -€877,174 | -€877,174 | |
| Operating profit (loss) | 9901 | -€3,271,395 | -€3,187,797 | +€83,597 | +2.6% |
| Financial income | 75/76B | €63,375 | €127,030 | +€63,656 | +100% |
| Recurring financial income | 75 | €63,375 | €19,080 | -€44,295 | -69.9% |
| Income from current assets | 751 | €29,448 | - | -€29,448 | |
| Other financial income | 752/9 | €33,926 | - | -€33,926 | |
| Non-recurring financial income | 76B | - | €107,951 | +€107,951 | |
| Financial charges | 65/66B | €42,127 | €85,341 | +€43,214 | +103% |
| Recurring financial charges | 65 | €42,127 | €85,341 | +€43,214 | +103% |
| Debt charges | 650 | €38,980 | - | -€38,980 | |
| Other financial charges | 652/9 | €3,147 | - | -€3,147 | |
| Profit (loss) for the period before taxes | 9903 | -€3,250,147 | -€3,146,108 | +€104,039 | +3.2% |
| Income taxes | 67/77 | €8,089 | €1,400 | -€6,688 | -82.7% |
| Taxes | 670/3 | €8,089 | - | -€8,089 | |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,258,235 | -€3,147,508 | +€110,727 | +3.4% |
| Transfer from tax-exempt reserves | 789 | €21,097 | €276,604 | +€255,507 | +1,211% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,237,138 | -€2,870,904 | +€366,234 | +11.3% |
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 14 October 2026 via checked.be.