MEDIUS: 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.
MEDIUS
Largest movements
- Tangible fixed assets +€41,515
up €41,515 (+47.7%), from €86,991 to €128,506
of which Furniture and vehicles: +€46,798
- Cash -€12,397
down €12,397 (-63.1%), from €19,639 to €7,242
mainly Investment in fixed assets (net) (-€54,883) and Net result for the year (-€24,875)
- Receivables within one year +€6,989
up €6,989 (+5.1%), from €137,797 to €144,785
of which Other amounts receivable: +€106,383
- Financial fixed assets +€4,000
up €4,000 (+8067.8%), from €50 to €4,050
- Other debts +€61,126
up €61,126 (+842.0%), from €7,260 to €68,386
- Profit (loss) carried forward -€24,875
down €24,875 (-12.7%), from €196,605 to €171,730
- Debts after one year +€21,081
new in 2025: €21,081
- Provisions -€14,874
no longer reported in 2025 (was €14,874)
- Tax, wage and social debts -€10,639
down €10,639 (-96.9%), from €10,979 to €340
- Provisions -€14,874
new in 2025: -€14,874
- Gross operating margin -€12,534
down €12,534 (-23.2%), from €54,017 to €41,483
- Taxes -€10,646
down €10,646, from €7,653 to -€2,993
- Depreciation +€4,085
up €4,085 (+77.3%), from €5,283 to €9,368
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 | €246,479 | €288,469 | +€41,990 | +17.0% |
| Fixed assets | 21/28 | €87,041 | €132,556 | +€45,515 | +52.3% |
| Tangible fixed assets | 22/27 | €86,991 | €128,506 | +€41,515 | +47.7% |
| Land and buildings | 22 | €86,991 | €81,708 | -€5,283 | -6.1% |
| Furniture and vehicles | 24 | - | €46,798 | +€46,798 | |
| Financial fixed assets | 28 | €50 | €4,050 | +€4,000 | +8067.8% |
| Current assets | 29/58 | €159,438 | €155,913 | -€3,525 | -2.2% |
| Amounts receivable within one year | 40/41 | €137,797 | €144,785 | +€6,989 | +5.1% |
| Trade receivables | 40 | €99,394 | - | -€99,394 | |
| Other amounts receivable | 41 | €38,403 | €144,785 | +€106,383 | +277.0% |
| Cash at bank and in hand | 54/58 | €19,639 | €7,242 | -€12,397 | -63.1% |
| Deferred charges and accrued income | 490/1 | €2,002 | €3,885 | +€1,883 | +94.1% |
| Total equity and liabilities | 10/49 | €246,479 | €288,469 | +€41,990 | +17.0% |
| Equity | 10/15 | €204,662 | €179,787 | -€24,875 | -12.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,605 | €171,730 | -€24,875 | -12.7% |
| Provisions and deferred taxes | 16 | €14,874 | - | -€14,874 | |
| Provisions for liabilities and charges | 160/5 | €14,874 | - | -€14,874 | |
| Other liabilities and charges | 164/5 | €14,874 | - | -€14,874 | |
| Amounts payable | 17/49 | €26,943 | €108,682 | +€81,739 | +303.4% |
| Amounts payable after more than one year | 17 | - | €21,081 | +€21,081 | |
| Financial debts | 170/4 | - | €21,081 | +€21,081 | |
| Amounts payable within one year | 42/48 | €26,943 | €87,602 | +€60,658 | +225.1% |
| Current portion of amounts payable after more than one year | 42 | €3,966 | €11,719 | +€7,753 | +195.5% |
| Trade debts | 44 | €4,738 | €7,156 | +€2,419 | +51.1% |
| Suppliers | 440/4 | €4,738 | €7,156 | +€2,419 | +51.1% |
| Taxes, remuneration and social security | 45 | €10,979 | €340 | -€10,639 | -96.9% |
| Taxes | 450/3 | €10,979 | €340 | -€10,639 | -96.9% |
| Other amounts payable | 47/48 | €7,260 | €68,386 | +€61,126 | +842.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,283 | €9,368 | +€4,085 | +77.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€14,874 | -€14,874 | |
| Other operating charges | 640/8 | €4,190 | €4,300 | +€109 | +2.6% |
| Non-recurring operating charges | 66A | - | €69,559 | +€69,559 | |
| Gross operating margin | 9900 | €54,017 | €41,483 | -€12,534 | -23.2% |
| Operating profit (loss) | 9901 | €44,543 | -€26,870 | -€71,413 | |
| Financial charges | 65/66B | €570 | €998 | +€429 | +75.2% |
| Recurring financial charges | 65 | €570 | €998 | +€429 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | €43,973 | -€27,869 | -€71,842 | |
| Income taxes | 67/77 | €7,653 | -€2,993 | -€10,646 | |
| Profit (loss) for the period | 9904 | €36,321 | -€24,875 | -€61,196 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,321 | -€24,875 | -€61,196 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.