MEDIVET: 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.
MEDIVET
Largest movements
- Receivables within one year +€50,231
up €50,231 (+1544.3%), from €3,253 to €53,483
of which Other amounts receivable: +€47,024
- Tangible fixed assets -€22,552
down €22,552 (-25.8%), from €87,417 to €64,865
of which Land and buildings: -€13,595
- Deferred charges and accrued income +€5,806
up €5,806 (+89.8%), from €6,463 to €12,270
- Cash -€5,137
down €5,137 (-7.1%), from €71,875 to €66,738
mainly Receivables within one year (-€50,231) and Debts after one year (-€17,935)
- Intangible fixed assets -€3,840
down €3,840 (-30.8%), from €12,452 to €8,612
- Reserves +€18,534
up €18,534 (+52.4%), from €35,379 to €53,913
- Debts after one year -€17,935
down €17,935 (-21.5%), from €83,277 to €65,342
- Trade debts +€13,873
up €13,873 (+79.0%), from €17,559 to €31,432
- Tax, wage and social debts +€13,175
up €13,175 (+56.4%), from €23,370 to €36,546
of which Taxes: +€17,451
- Other debts -€5,704
down €5,704 (-60.3%), from €9,459 to €3,755
- Gross operating margin -€32,749
down €32,749 (-17.5%), from €187,277 to €154,528
- Staff costs +€10,771
up €10,771 (+12.7%), from €84,678 to €95,449
- Depreciation -€3,925
down €3,925 (-12.9%), from €30,317 to €26,392
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 | €206,601 | €230,942 | +€24,341 | +11.8% |
| Fixed assets | 21/28 | €100,996 | €74,604 | -€26,392 | -26.1% |
| Intangible fixed assets | 21 | €12,452 | €8,612 | -€3,840 | -30.8% |
| Tangible fixed assets | 22/27 | €87,417 | €64,865 | -€22,552 | -25.8% |
| Land and buildings | 22 | €56,626 | €43,031 | -€13,595 | -24.0% |
| Plant, machinery and equipment | 23 | €23,279 | €17,020 | -€6,259 | -26.9% |
| Furniture and vehicles | 24 | €7,512 | €4,814 | -€2,698 | -35.9% |
| Financial fixed assets | 28 | €1,126 | €1,126 | = | 0.0% |
| Current assets | 29/58 | €105,605 | €156,337 | +€50,733 | +48.0% |
| Stocks and contracts in progress | 3 | €24,014 | €23,847 | -€167 | -0.7% |
| Stocks | 30/36 | €24,014 | €23,847 | -€167 | -0.7% |
| Amounts receivable within one year | 40/41 | €3,253 | €53,483 | +€50,231 | +1544.3% |
| Trade receivables | 40 | €3,022 | €6,229 | +€3,207 | +106.1% |
| Other amounts receivable | 41 | €230 | €47,254 | +€47,024 | +20421.3% |
| Cash at bank and in hand | 54/58 | €71,875 | €66,738 | -€5,137 | -7.1% |
| Deferred charges and accrued income | 490/1 | €6,463 | €12,270 | +€5,806 | +89.8% |
| Total equity and liabilities | 10/49 | €206,601 | €230,942 | +€24,341 | +11.8% |
| Equity | 10/15 | €55,379 | €73,913 | +€18,534 | +33.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €35,379 | €53,913 | +€18,534 | +52.4% |
| Distributable reserves | 133 | €35,379 | €53,913 | +€18,534 | +52.4% |
| Amounts payable | 17/49 | €151,222 | €157,028 | +€5,806 | +3.8% |
| Amounts payable after more than one year | 17 | €83,277 | €65,342 | -€17,935 | -21.5% |
| Financial debts | 170/4 | €83,277 | €65,342 | -€17,935 | -21.5% |
| Amounts payable within one year | 42/48 | €67,945 | €91,686 | +€23,741 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €17,556 | €19,953 | +€2,397 | +13.7% |
| Trade debts | 44 | €17,559 | €31,432 | +€13,873 | +79.0% |
| Suppliers | 440/4 | €17,559 | €31,432 | +€13,873 | +79.0% |
| Taxes, remuneration and social security | 45 | €23,370 | €36,546 | +€13,175 | +56.4% |
| Taxes | 450/3 | €7,074 | €24,525 | +€17,451 | +246.7% |
| Remuneration and social security | 454/9 | €16,297 | €12,020 | -€4,276 | -26.2% |
| Other amounts payable | 47/48 | €9,459 | €3,755 | -€5,704 | -60.3% |
| Remuneration, social security and pensions | 62 | €84,678 | €95,449 | +€10,771 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,317 | €26,392 | -€3,925 | -12.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €70 | €70 | = | 0.0% |
| Other operating charges | 640/8 | €990 | €1,008 | +€19 | +1.9% |
| Gross operating margin | 9900 | €187,277 | €154,528 | -€32,749 | -17.5% |
| Operating profit (loss) | 9901 | €71,222 | €31,608 | -€39,614 | -55.6% |
| Financial income | 75/76B | €3 | €3 | +€0 | +7.6% |
| Recurring financial income | 75 | €3 | €3 | +€0 | +7.6% |
| Financial charges | 65/66B | €4,941 | €4,071 | -€871 | -17.6% |
| Recurring financial charges | 65 | €4,941 | €4,071 | -€871 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €66,284 | €27,541 | -€38,743 | -58.4% |
| Income taxes | 67/77 | €10,374 | €9,007 | -€1,368 | -13.2% |
| Profit (loss) for the period | 9904 | €55,909 | €18,534 | -€37,375 | -66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,909 | €18,534 | -€37,375 | -66.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.