MEDITAC: 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.
MEDITAC
Largest movements
- Tangible fixed assets -€12,342
down €12,342 (-41.0%), from €30,099 to €17,757
- Receivables within one year +€7,714
up €7,714 (+107%), from €7,237 to €14,951
- Cash +€3,402
up €3,402 (+22.7%), from €14,956 to €18,358
mainly Other debts (+€12,802) and Depreciation (+€9,558)
- Deferred charges and accrued income -€1,799
no longer reported in 2025 (was €1,799)
- Trade debts -€17,973
down €17,973 (-91.3%), from €19,696 to €1,723
- Other debts +€12,802
up €12,802 (+219%), from €5,846 to €18,649
- Debts after one year -€2,500
down €2,500 (-80.0%), from €3,125 to €625
- Tax, wage and social debts +€2,378
up €2,378 (+34.3%), from €6,930 to €9,308
of which Taxes: +€2,005
- Reserves +€2,100
up €2,100 (+15.0%), from €14,000 to €16,100
- Gross operating margin -€21,206
down €21,206 (-51.0%), from €41,577 to €20,371
- Staff costs -€9,808
down €9,808 (-68.9%), from €14,240 to €4,432
- Taxes -€2,716
down €2,716 (-67.0%), from €4,051 to €1,336
- Financial charges +€2,271
up €2,271 (+5,930%), from €38 to €2,309
of which Non-recurring financial charges: +€2,262
- Depreciation +€1,256
up €1,256 (+15.1%), from €8,303 to €9,558
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 | €55,311 | €52,149 | -€3,161 | -5.7% |
| Formation expenses | 20 | €1,221 | €1,084 | -€137 | -11.2% |
| Fixed assets | 21/28 | €30,099 | €17,757 | -€12,342 | -41.0% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €30,099 | €17,757 | -€12,342 | -41.0% |
| Furniture and vehicles | 24 | €30,099 | €17,757 | -€12,342 | -41.0% |
| Current assets | 29/58 | €23,992 | €33,309 | +€9,317 | +38.8% |
| Amounts receivable within one year | 40/41 | €7,237 | €14,951 | +€7,714 | +107% |
| Trade receivables | 40 | €7,237 | €14,951 | +€7,714 | +107% |
| Cash at bank and in hand | 54/58 | €14,956 | €18,358 | +€3,402 | +22.7% |
| Deferred charges and accrued income | 490/1 | €1,799 | - | -€1,799 | |
| Total equity and liabilities | 10/49 | €55,311 | €52,149 | -€3,161 | -5.7% |
| Equity | 10/15 | €17,214 | €19,345 | +€2,131 | +12.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,000 | €16,100 | +€2,100 | +15.0% |
| Distributable reserves | 133 | €14,000 | €16,100 | +€2,100 | +15.0% |
| Profit (loss) carried forward | 14 | €214 | €245 | +€31 | +14.4% |
| Amounts payable | 17/49 | €38,097 | €32,805 | -€5,292 | -13.9% |
| Amounts payable after more than one year | 17 | €3,125 | €625 | -€2,500 | -80.0% |
| Financial debts | 170/4 | €3,125 | €625 | -€2,500 | -80.0% |
| Amounts payable within one year | 42/48 | €34,972 | €32,180 | -€2,792 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €2,500 | €2,500 | = | 0.0% |
| Trade debts | 44 | €19,696 | €1,723 | -€17,973 | -91.3% |
| Suppliers | 440/4 | €19,696 | €1,723 | -€17,973 | -91.3% |
| Taxes, remuneration and social security | 45 | €6,930 | €9,308 | +€2,378 | +34.3% |
| Taxes | 450/3 | €4,962 | €6,967 | +€2,005 | +40.4% |
| Remuneration and social security | 454/9 | €1,967 | €2,341 | +€373 | +19.0% |
| Other amounts payable | 47/48 | €5,846 | €18,649 | +€12,802 | +219% |
| Remuneration, social security and pensions | 62 | €14,240 | €4,432 | -€9,808 | -68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,303 | €9,558 | +€1,256 | +15.1% |
| Other operating charges | 640/8 | €731 | €604 | -€126 | -17.3% |
| Gross operating margin | 9900 | €41,577 | €20,371 | -€21,206 | -51.0% |
| Operating profit (loss) | 9901 | €18,304 | €5,776 | -€12,527 | -68.4% |
| Financial charges | 65/66B | €38 | €2,309 | +€2,271 | +5,930% |
| Recurring financial charges | 65 | €38 | €48 | +€10 | +24.8% |
| Non-recurring financial charges | 66B | - | €2,262 | +€2,262 | |
| Profit (loss) for the period before taxes | 9903 | €18,265 | €3,467 | -€14,799 | -81.0% |
| Income taxes | 67/77 | €4,051 | €1,336 | -€2,716 | -67.0% |
| Profit (loss) for the period | 9904 | €14,214 | €2,131 | -€12,083 | -85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,214 | €2,131 | -€12,083 | -85.0% |
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 17 October 2026 via checked.be.