MEDITIL: 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.
MEDITIL
Largest movements
- Cash +€63,679
up €63,679 (+39.8%), from €159,809 to €223,487
mainly Other debts (+€179,513) and Net result for the year (+€136,575)
- Intangible fixed assets -€20,720
down €20,720 (-25.3%), from €81,873 to €61,153
- Tangible fixed assets +€3,779
up €3,779 (+49.8%), from €7,583 to €11,361
- Receivables within one year +€3,287
up €3,287 (+927.8%), from €354 to €3,641
of which Trade receivables: +€3,641
- Other debts +€179,513
up €179,513 (+1261.2%), from €14,234 to €193,747
- Reserves -€133,155
no longer reported in 2025 (was €133,155)
- Tax, wage and social debts +€26,513
up €26,513 (+170.2%), from €15,575 to €42,088
of which Taxes: +€26,495
- Debts after one year -€20,936
down €20,936 (-33.0%), from €63,499 to €42,563
- Gross operating margin +€43,358
up €43,358 (+26.6%), from €162,791 to €206,149
- Taxes +€14,739
up €14,739 (+53.3%), from €27,646 to €42,385
- Depreciation -€5,739
down €5,739 (-18.5%), from €30,977 to €25,237
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 | €252,081 | €302,446 | +€50,365 | +20.0% |
| Fixed assets | 21/28 | €89,456 | €72,514 | -€16,942 | -18.9% |
| Intangible fixed assets | 21 | €81,873 | €61,153 | -€20,720 | -25.3% |
| Tangible fixed assets | 22/27 | €7,583 | €11,361 | +€3,779 | +49.8% |
| Furniture and vehicles | 24 | €7,583 | €11,361 | +€3,779 | +49.8% |
| Current assets | 29/58 | €162,625 | €229,931 | +€67,307 | +41.4% |
| Amounts receivable within one year | 40/41 | €354 | €3,641 | +€3,287 | +927.8% |
| Trade receivables | 40 | - | €3,641 | +€3,641 | |
| Other amounts receivable | 41 | €354 | - | -€354 | |
| Cash at bank and in hand | 54/58 | €159,809 | €223,487 | +€63,679 | +39.8% |
| Deferred charges and accrued income | 490/1 | €2,462 | €2,803 | +€341 | +13.9% |
| Total equity and liabilities | 10/49 | €252,081 | €302,446 | +€50,365 | +20.0% |
| Equity | 10/15 | €136,155 | €3,000 | -€133,155 | -97.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €133,155 | - | -€133,155 | |
| Distributable reserves | 133 | €133,155 | - | -€133,155 | |
| Amounts payable | 17/49 | €115,927 | €299,446 | +€183,519 | +158.3% |
| Amounts payable after more than one year | 17 | €63,499 | €42,563 | -€20,936 | -33.0% |
| Financial debts | 170/4 | €63,499 | €42,563 | -€20,936 | -33.0% |
| Amounts payable within one year | 42/48 | €52,427 | €256,883 | +€204,455 | +390.0% |
| Current portion of amounts payable after more than one year | 42 | €22,148 | €20,936 | -€1,212 | -5.5% |
| Trade debts | 44 | €471 | €112 | -€359 | -76.2% |
| Suppliers | 440/4 | €471 | €112 | -€359 | -76.2% |
| Taxes, remuneration and social security | 45 | €15,575 | €42,088 | +€26,513 | +170.2% |
| Taxes | 450/3 | €13,045 | €39,540 | +€26,495 | +203.1% |
| Remuneration and social security | 454/9 | €2,530 | €2,548 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €14,234 | €193,747 | +€179,513 | +1261.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,977 | €25,237 | -€5,739 | -18.5% |
| Other operating charges | 640/8 | €896 | €971 | +€74 | +8.3% |
| Gross operating margin | 9900 | €162,791 | €206,149 | +€43,358 | +26.6% |
| Operating profit (loss) | 9901 | €130,918 | €179,941 | +€49,023 | +37.4% |
| Financial charges | 65/66B | €1,315 | €981 | -€334 | -25.4% |
| Recurring financial charges | 65 | €1,315 | €981 | -€334 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €129,603 | €178,960 | +€49,357 | +38.1% |
| Income taxes | 67/77 | €27,646 | €42,385 | +€14,739 | +53.3% |
| Profit (loss) for the period | 9904 | €101,957 | €136,575 | +€34,618 | +34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,957 | €136,575 | +€34,618 | +34.0% |
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 3 October 2026 via checked.be.