Meditron: 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.
Meditron
Largest movements
- Current investments +€61,620
up €61,620 (+20.1%), from €307,003 to €368,623
- Cash -€30,950
down €30,950 (-42.4%), from €73,000 to €42,050
mainly Current investments (-€61,620) and Other debts (-€14,112)
- Receivables within one year -€12,443
down €12,443 (-23.5%), from €52,854 to €40,411
of which Trade receivables: -€11,455
- Stocks and contracts -€9,508
down €9,508 (-22.4%), from €42,532 to €33,024
- Reserves +€21,384
up €21,384 (+6.1%), from €350,301 to €371,685
of which Distributable reserves: +€21,384
- Other debts -€14,112
down €14,112 (-23.4%), from €60,329 to €46,217
- Tax, wage and social debts -€6,148
no longer reported in 2025 (was €6,148)
- Gross operating margin -€21,591
down €21,591 (-39.0%), from €55,325 to €33,734
- Taxes -€8,546
down €8,546 (-42.7%), from €20,009 to €11,463
- Financial income -€5,698
down €5,698 (-48.1%), from €11,853 to €6,155
of which Non-recurring financial income: -€7,215
- Depreciation -€1,167
down €1,167 (-19.8%), from €5,894 to €4,727
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 | €484,119 | €488,085 | +€3,966 | +0.8% |
| Fixed assets | 21/28 | €8,730 | €3,977 | -€4,753 | -54.4% |
| Tangible fixed assets | 22/27 | €8,704 | €3,977 | -€4,727 | -54.3% |
| Land and buildings | 22 | €3,836 | €3,260 | -€576 | -15.0% |
| Plant, machinery and equipment | 23 | €494 | €355 | -€139 | -28.1% |
| Furniture and vehicles | 24 | €4,374 | €362 | -€4,012 | -91.7% |
| Financial fixed assets | 28 | €26 | - | -€26 | |
| Current assets | 29/58 | €475,389 | €484,108 | +€8,719 | +1.8% |
| Stocks and contracts in progress | 3 | €42,532 | €33,024 | -€9,508 | -22.4% |
| Stocks | 30/36 | €42,532 | €33,024 | -€9,508 | -22.4% |
| Amounts receivable within one year | 40/41 | €52,854 | €40,411 | -€12,443 | -23.5% |
| Trade receivables | 40 | €51,472 | €40,017 | -€11,455 | -22.3% |
| Other amounts receivable | 41 | €1,382 | €394 | -€988 | -71.5% |
| Current investments | 50/53 | €307,003 | €368,623 | +€61,620 | +20.1% |
| Cash at bank and in hand | 54/58 | €73,000 | €42,050 | -€30,950 | -42.4% |
| Total equity and liabilities | 10/49 | €484,119 | €488,085 | +€3,966 | +0.8% |
| Equity | 10/15 | €412,301 | €433,685 | +€21,384 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €350,301 | €371,685 | +€21,384 | +6.1% |
| Non-distributable reserves | 130/1 | €24,839 | €24,839 | = | 0.0% |
| Legal reserve | 130 | €24,839 | €24,839 | = | 0.0% |
| Distributable reserves | 133 | €325,462 | €346,846 | +€21,384 | +6.6% |
| Amounts payable | 17/49 | €71,818 | €54,400 | -€17,418 | -24.3% |
| Amounts payable within one year | 42/48 | €70,458 | €53,010 | -€17,448 | -24.8% |
| Trade debts | 44 | €3,981 | €6,793 | +€2,812 | +70.6% |
| Suppliers | 440/4 | €3,981 | €6,793 | +€2,812 | +70.6% |
| Taxes, remuneration and social security | 45 | €6,148 | - | -€6,148 | |
| Taxes | 450/3 | €6,148 | - | -€6,148 | |
| Other amounts payable | 47/48 | €60,329 | €46,217 | -€14,112 | -23.4% |
| Accrued charges and deferred income | 492/3 | €1,360 | €1,390 | +€30 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,894 | €4,727 | -€1,167 | -19.8% |
| Other operating charges | 640/8 | €775 | €884 | +€109 | +14.1% |
| Gross operating margin | 9900 | €55,325 | €33,734 | -€21,591 | -39.0% |
| Operating profit (loss) | 9901 | €48,656 | €28,123 | -€20,533 | -42.2% |
| Financial income | 75/76B | €11,853 | €6,155 | -€5,698 | -48.1% |
| Recurring financial income | 75 | €4,638 | €6,155 | +€1,517 | +32.7% |
| Non-recurring financial income | 76B | €7,215 | - | -€7,215 | |
| Financial charges | 65/66B | €342 | €432 | +€90 | +26.3% |
| Recurring financial charges | 65 | €342 | €432 | +€90 | +26.3% |
| Profit (loss) for the period before taxes | 9903 | €60,167 | €33,846 | -€26,321 | -43.7% |
| Income taxes | 67/77 | €20,009 | €11,463 | -€8,546 | -42.7% |
| Profit (loss) for the period | 9904 | €40,158 | €22,383 | -€17,775 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,158 | €22,383 | -€17,775 | -44.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.