MEDITAX: 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.
MEDITAX
Largest movements
- Receivables within one year +€89,761
up €89,761 (+12.1%), from €739,833 to €829,594
of which Other amounts receivable: +€70,330
- Intangible fixed assets -€70,000
down €70,000 (-80.4%), from €87,068 to €17,068
- Tangible fixed assets -€55,770
down €55,770 (-24.8%), from €224,813 to €169,044
- Debts after one year -€40,567
down €40,567 (-53.9%), from €75,272 to €34,706
- Trade debts -€38,302
down €38,302 (-51.0%), from €75,104 to €36,803
- Tax, wage and social debts +€35,929
up €35,929 (+7.0%), from €510,725 to €546,654
of which Remuneration and social security: +€98,823
- Profit (loss) carried forward -€12,462
down €12,462, from €721 to -€11,742
- Staff costs +€198,027
up €198,027 (+11.8%), from €1.7m to €1.9m
- Gross operating margin +€190,525
up €190,525 (+9.9%), from €1.9m to €2.1m
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 | €1,224,033 | €1,186,494 | -€37,539 | -3.1% |
| Fixed assets | 21/28 | €311,882 | €186,112 | -€125,770 | -40.3% |
| Intangible fixed assets | 21 | €87,068 | €17,068 | -€70,000 | -80.4% |
| Tangible fixed assets | 22/27 | €224,813 | €169,044 | -€55,770 | -24.8% |
| Land and buildings | 22 | €7,694 | €2,394 | -€5,301 | -68.9% |
| Plant, machinery and equipment | 23 | €54,450 | €35,548 | -€18,903 | -34.7% |
| Furniture and vehicles | 24 | €96,397 | €90,513 | -€5,883 | -6.1% |
| Leasing and similar rights | 25 | €66,272 | €40,589 | -€25,683 | -38.8% |
| Current assets | 29/58 | €912,152 | €1,000,382 | +€88,230 | +9.7% |
| Amounts receivable after more than one year | 29 | €155,156 | €163,798 | +€8,642 | +5.6% |
| Other amounts receivable | 291 | €155,156 | €163,798 | +€8,642 | +5.6% |
| Amounts receivable within one year | 40/41 | €739,833 | €829,594 | +€89,761 | +12.1% |
| Trade receivables | 40 | €499,091 | €518,522 | +€19,431 | +3.9% |
| Other amounts receivable | 41 | €240,742 | €311,072 | +€70,330 | +29.2% |
| Cash at bank and in hand | 54/58 | €17,162 | €6,990 | -€10,173 | -59.3% |
| Total equity and liabilities | 10/49 | €1,224,033 | €1,186,494 | -€37,539 | -3.1% |
| Equity | 10/15 | €471,645 | €459,182 | -€12,462 | -2.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €450,924 | €450,924 | = | 0.0% |
| Distributable reserves | 133 | €450,924 | €450,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | €721 | -€11,742 | -€12,462 | |
| Amounts payable | 17/49 | €752,389 | €727,312 | -€25,077 | -3.3% |
| Amounts payable after more than one year | 17 | €75,272 | €34,706 | -€40,567 | -53.9% |
| Financial debts | 170/4 | €75,272 | €34,706 | -€40,567 | -53.9% |
| Amounts payable within one year | 42/48 | €677,116 | €692,606 | +€15,490 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €59,601 | €67,502 | +€7,901 | +13.3% |
| Financial debts | 43 | €31,686 | €41,647 | +€9,961 | +31.4% |
| Credit institutions | 430/8 | €31,686 | €41,647 | +€9,961 | +31.4% |
| Trade debts | 44 | €75,104 | €36,803 | -€38,302 | -51.0% |
| Suppliers | 440/4 | €75,104 | €36,803 | -€38,302 | -51.0% |
| Taxes, remuneration and social security | 45 | €510,725 | €546,654 | +€35,929 | +7.0% |
| Taxes | 450/3 | €117,417 | €54,524 | -€62,893 | -53.6% |
| Remuneration and social security | 454/9 | €393,308 | €492,131 | +€98,823 | +25.1% |
| Non-recurring operating income | 76A | €55,894 | €6,000 | -€49,894 | -89.3% |
| Remuneration, social security and pensions | 62 | €1,680,005 | €1,878,031 | +€198,027 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,184 | €151,702 | +€7,518 | +5.2% |
| Other operating charges | 640/8 | €20,526 | €37,849 | +€17,323 | +84.4% |
| Non-recurring operating charges | 66A | €12,140 | €8,642 | -€3,498 | -28.8% |
| Gross operating margin | 9900 | €1,917,470 | €2,107,995 | +€190,525 | +9.9% |
| Operating profit (loss) | 9901 | €60,616 | €31,771 | -€28,845 | -47.6% |
| Financial income | 75/76B | €64 | €21,084 | +€21,020 | +32798.1% |
| Recurring financial income | 75 | €64 | €21,084 | +€21,020 | +32798.1% |
| Financial charges | 65/66B | €38,335 | €39,559 | +€1,223 | +3.2% |
| Recurring financial charges | 65 | €38,335 | €39,559 | +€1,223 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €22,345 | €13,297 | -€9,048 | -40.5% |
| Income taxes | 67/77 | €18,071 | €25,760 | +€7,689 | +42.6% |
| Profit (loss) for the period | 9904 | €4,274 | -€12,462 | -€16,737 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,274 | -€12,462 | -€16,737 |
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 12 October 2026 via checked.be.