MEDIUMPAKT: 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.
MEDIUMPAKT
Largest movements
- Current investments +€196,380
up €196,380 (+50.3%), from €390,461 to €586,841
- Cash +€160,529
up €160,529 (+1,697%), from €9,458 to €169,988
mainly Net result for the year (+€180,039) and Tax, wage and social debts (+€103,533)
- Receivables within one year -€74,718
down €74,718 (-93.8%), from €79,619 to €4,901
of which Trade receivables: -€74,312
- Tangible fixed assets -€66,904
down €66,904 (-14.0%), from €478,724 to €411,821
of which Land and buildings: -€66,904
- Reserves +€180,039
up €180,039 (+48.4%), from €371,781 to €551,820
of which Distributable reserves: +€180,039
- Tax, wage and social debts +€103,533
up €103,533 (+42,928%), from €241 to €103,774
of which Taxes: +€103,774
- Other debts -€54,567
down €54,567 (-22.6%), from €241,721 to €187,154
- Advances received -€12,342
down €12,342 (-100%), from €12,342 to €0
- Gross operating margin +€334,290
up €334,290, from -€35,277 to €299,013
- Taxes +€105,550
up €105,550 (+27,282%), from €387 to €105,937
- Financial income +€15,434
up €15,434 (+531%), from €2,904 to €18,338
- Depreciation -€9,542
down €9,542 (-30.4%), from €31,407 to €21,865
- Staff costs -€4,324
down €4,324, from €4,083 to -€241
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 | €959,799 | €1,176,407 | +€216,608 | +22.6% |
| Fixed assets | 21/28 | €479,710 | €412,806 | -€66,904 | -13.9% |
| Tangible fixed assets | 22/27 | €478,724 | €411,821 | -€66,904 | -14.0% |
| Land and buildings | 22 | €478,424 | €411,521 | -€66,904 | -14.0% |
| Other tangible fixed assets | 26 | €300 | €300 | = | 0.0% |
| Financial fixed assets | 28 | €986 | €986 | = | 0.0% |
| Current assets | 29/58 | €480,089 | €763,601 | +€283,511 | +59.1% |
| Amounts receivable within one year | 40/41 | €79,619 | €4,901 | -€74,718 | -93.8% |
| Trade receivables | 40 | €79,213 | €4,901 | -€74,312 | -93.8% |
| Other amounts receivable | 41 | €406 | €0 | -€406 | -100% |
| Current investments | 50/53 | €390,461 | €586,841 | +€196,380 | +50.3% |
| Cash at bank and in hand | 54/58 | €9,458 | €169,988 | +€160,529 | +1,697% |
| Deferred charges and accrued income | 490/1 | €551 | €1,871 | +€1,320 | +240% |
| Total equity and liabilities | 10/49 | €959,799 | €1,176,407 | +€216,608 | +22.6% |
| Equity | 10/15 | €704,932 | €884,971 | +€180,039 | +25.5% |
| Contributions | 10/11 | €62,593 | €62,593 | = | 0.0% |
| Capital | 10 | €62,593 | €62,593 | = | 0.0% |
| Issued capital | 100 | €74,988 | €74,988 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €371,781 | €551,820 | +€180,039 | +48.4% |
| Non-distributable reserves | 130/1 | €16,800 | €16,800 | = | 0.0% |
| Legal reserve | 130 | €16,800 | €16,800 | = | 0.0% |
| Distributable reserves | 133 | €354,981 | €535,020 | +€180,039 | +50.7% |
| Profit (loss) carried forward | 14 | €270,558 | €270,558 | = | 0.0% |
| Amounts payable | 17/49 | €254,867 | €291,436 | +€36,569 | +14.3% |
| Amounts payable within one year | 42/48 | €254,867 | €291,436 | +€36,569 | +14.3% |
| Trade debts | 44 | €563 | €508 | -€55 | -9.8% |
| Suppliers | 440/4 | €563 | €508 | -€55 | -9.8% |
| Advances received on contracts in progress | 46 | €12,342 | €0 | -€12,342 | -100% |
| Taxes, remuneration and social security | 45 | €241 | €103,774 | +€103,533 | +42,928% |
| Taxes | 450/3 | €0 | €103,774 | +€103,774 | |
| Remuneration and social security | 454/9 | €241 | €0 | -€241 | -100% |
| Other amounts payable | 47/48 | €241,721 | €187,154 | -€54,567 | -22.6% |
| Non-recurring operating income | 76A | €0 | €384,961 | +€384,961 | |
| Remuneration, social security and pensions | 62 | €4,083 | -€241 | -€4,324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,407 | €21,865 | -€9,542 | -30.4% |
| Other operating charges | 640/8 | €5,165 | €4,833 | -€331 | -6.4% |
| Gross operating margin | 9900 | -€35,277 | €299,013 | +€334,290 | |
| Operating profit (loss) | 9901 | -€75,932 | €272,556 | +€348,488 | |
| Financial income | 75/76B | €2,904 | €18,338 | +€15,434 | +531% |
| Recurring financial income | 75 | €2,904 | €18,338 | +€15,434 | +531% |
| Financial charges | 65/66B | €3,471 | €4,918 | +€1,448 | +41.7% |
| Recurring financial charges | 65 | €3,471 | €4,918 | +€1,448 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | -€76,498 | €285,976 | +€362,474 | |
| Income taxes | 67/77 | €387 | €105,937 | +€105,550 | +27,282% |
| Profit (loss) for the period | 9904 | -€76,885 | €180,039 | +€256,924 | |
| Profit (loss) for the period to be appropriated | 9905 | -€76,885 | €180,039 | +€256,924 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.