MEDITREND: 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.
MEDITREND
Largest movements
- Current investments +€510,000
new in 2025: €510,000
- Tangible fixed assets -€114,855
down €114,855 (-99.9%), from €114,926 to €71
of which Land and buildings: -€114,569
- Cash -€14,157
down €14,157 (-70.8%), from €19,993 to €5,836
mainly Current investments (-€510,000) and Smaller working-capital items (-€1,839)
- Reserves +€255,587
up €255,587 (+1570.1%), from €16,278 to €271,865
- Tax, wage and social debts +€127,052
new in 2025: €127,052
- Gross operating margin +€497,277
up €497,277 (+12936.4%), from €3,844 to €501,121
- Taxes +€128,621
up €128,621, from -€516 to €128,105
- Depreciation +€100,789
up €100,789 (+716.5%), from €14,066 to €114,855
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 | €198,964 | €580,545 | +€381,581 | +191.8% |
| Fixed assets | 21/28 | €115,114 | €71 | -€115,043 | -99.9% |
| Tangible fixed assets | 22/27 | €114,926 | €71 | -€114,855 | -99.9% |
| Land and buildings | 22 | €114,569 | - | -€114,569 | |
| Furniture and vehicles | 24 | €357 | €71 | -€286 | -80.1% |
| Financial fixed assets | 28 | €188 | - | -€188 | |
| Current assets | 29/58 | €83,850 | €580,474 | +€496,624 | +592.3% |
| Amounts receivable within one year | 40/41 | €63,857 | €64,638 | +€781 | +1.2% |
| Other amounts receivable | 41 | €63,857 | €64,638 | +€781 | +1.2% |
| Current investments | 50/53 | - | €510,000 | +€510,000 | |
| Cash at bank and in hand | 54/58 | €19,993 | €5,836 | -€14,157 | -70.8% |
| Total equity and liabilities | 10/49 | €198,964 | €580,545 | +€381,581 | +191.8% |
| Equity | 10/15 | €197,814 | €453,401 | +€255,587 | +129.2% |
| Contributions | 10/11 | €151,973 | €151,973 | = | 0.0% |
| Reserves | 13 | €16,278 | €271,865 | +€255,587 | +1570.1% |
| Distributable reserves | 133 | €16,278 | €271,865 | +€255,587 | +1570.1% |
| Profit (loss) carried forward | 14 | €29,563 | €29,563 | = | 0.0% |
| Amounts payable | 17/49 | €1,150 | €127,144 | +€125,994 | +10956.0% |
| Amounts payable within one year | 42/48 | €1,150 | €127,144 | +€125,994 | +10956.0% |
| Trade debts | 44 | €1,150 | €92 | -€1,058 | -92.0% |
| Suppliers | 440/4 | €1,150 | €92 | -€1,058 | -92.0% |
| Taxes, remuneration and social security | 45 | - | €127,052 | +€127,052 | |
| Taxes | 450/3 | - | €127,052 | +€127,052 | |
| Non-recurring operating income | 76A | €3,842 | €3,741 | -€101 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,066 | €114,855 | +€100,789 | +716.5% |
| Other operating charges | 640/8 | €2,495 | €2,503 | +€8 | +0.3% |
| Gross operating margin | 9900 | €3,844 | €501,121 | +€497,277 | +12936.4% |
| Operating profit (loss) | 9901 | -€12,717 | €383,763 | +€396,480 | |
| Financial income | 75/76B | €164 | €199 | +€35 | +21.3% |
| Recurring financial income | 75 | €164 | €199 | +€35 | +21.3% |
| Financial charges | 65/66B | €52 | €270 | +€218 | +419.2% |
| Recurring financial charges | 65 | €52 | €82 | +€30 | +57.7% |
| Non-recurring financial charges | 66B | - | €188 | +€188 | |
| Profit (loss) for the period before taxes | 9903 | -€12,605 | €383,692 | +€396,297 | |
| Income taxes | 67/77 | -€516 | €128,105 | +€128,621 | |
| Profit (loss) for the period | 9904 | -€12,089 | €255,587 | +€267,676 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,089 | €255,587 | +€267,676 |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.