MEDIVIC: 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.
MEDIVIC
Largest movements
- Cash +€62,907
up €62,907 (+92.0%), from €68,412 to €131,319
mainly Net result for the year (+€61,553) and Depreciation (+€36,309)
- Intangible fixed assets -€30,000
down €30,000 (-33.3%), from €90,000 to €60,000
- Deferred charges and accrued income +€18,168
up €18,168 (+90.3%), from €20,129 to €38,297
- Tangible fixed assets -€3,526
down €3,526 (-55.0%), from €6,412 to €2,886
- Reserves +€61,000
up €61,000 (+79.7%), from €76,500 to €137,500
- Other debts -€15,208
down €15,208 (-32.0%), from €47,504 to €32,296
- Tax, wage and social debts +€12,190
up €12,190 (+1,457%), from €837 to €13,026
- Debts after one year -€10,988
down €10,988 (-29.3%), from €37,543 to €26,555
- Turnover +€43,862
up €43,862 (+27.7%), from €158,338 to €202,201
- Gross operating margin +€39,029
up €39,029 (+45.8%), from €85,159 to €124,188
- Taxes +€12,190
up €12,190 (+112%), from €10,837 to €23,026
- Purchases and services +€4,833
up €4,833 (+6.6%), from €73,179 to €78,012
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,953 | €232,502 | +€47,549 | +25.7% |
| Fixed assets | 21/28 | €96,412 | €62,886 | -€33,526 | -34.8% |
| Intangible fixed assets | 21 | €90,000 | €60,000 | -€30,000 | -33.3% |
| Tangible fixed assets | 22/27 | €6,412 | €2,886 | -€3,526 | -55.0% |
| Furniture and vehicles | 24 | €6,412 | €2,886 | -€3,526 | -55.0% |
| Current assets | 29/58 | €88,541 | €169,616 | +€81,075 | +91.6% |
| Cash at bank and in hand | 54/58 | €68,412 | €131,319 | +€62,907 | +92.0% |
| Deferred charges and accrued income | 490/1 | €20,129 | €38,297 | +€18,168 | +90.3% |
| Total equity and liabilities | 10/49 | €184,953 | €232,502 | +€47,549 | +25.7% |
| Equity | 10/15 | €81,918 | €143,471 | +€61,553 | +75.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €76,500 | €137,500 | +€61,000 | +79.7% |
| Distributable reserves | 133 | €76,500 | €137,500 | +€61,000 | +79.7% |
| Profit (loss) carried forward | 14 | €418 | €971 | +€553 | +132% |
| Amounts payable | 17/49 | €103,035 | €89,031 | -€14,004 | -13.6% |
| Amounts payable after more than one year | 17 | €37,543 | €26,555 | -€10,988 | -29.3% |
| Financial debts | 170/4 | €37,543 | €26,555 | -€10,988 | -29.3% |
| Amounts payable within one year | 42/48 | €64,585 | €62,476 | -€2,108 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €10,988 | €10,988 | = | 0.0% |
| Financial debts | 43 | €5,188 | €5,195 | +€6 | +0.1% |
| Credit institutions | 430/8 | €5,188 | €5,195 | +€6 | +0.1% |
| Trade debts | 44 | €68 | €971 | +€903 | +1,335% |
| Suppliers | 440/4 | €68 | €971 | +€903 | +1,335% |
| Taxes, remuneration and social security | 45 | €837 | €13,026 | +€12,190 | +1,457% |
| Taxes | 450/3 | €837 | €13,026 | +€12,190 | +1,457% |
| Other amounts payable | 47/48 | €47,504 | €32,296 | -€15,208 | -32.0% |
| Accrued charges and deferred income | 492/3 | €908 | €0 | -€908 | -100% |
| Turnover | 70 | €158,338 | €202,201 | +€43,862 | +27.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,179 | €78,012 | +€4,833 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,825 | €36,309 | +€484 | +1.4% |
| Other operating charges | 640/8 | €1,302 | €641 | -€661 | -50.8% |
| Gross operating margin | 9900 | €85,159 | €124,188 | +€39,029 | +45.8% |
| Operating profit (loss) | 9901 | €48,032 | €87,239 | +€39,206 | +81.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,018 | €2,659 | +€641 | +31.8% |
| Recurring financial charges | 65 | €2,018 | €2,659 | +€641 | +31.8% |
| Profit (loss) for the period before taxes | 9903 | €46,014 | €84,579 | +€38,565 | +83.8% |
| Income taxes | 67/77 | €10,837 | €23,026 | +€12,190 | +112% |
| Profit (loss) for the period | 9904 | €35,178 | €61,553 | +€26,375 | +75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,178 | €61,553 | +€26,375 | +75.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.