Medivin: 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.
Medivin
Largest movements
- Receivables within one year -€131,696
down €131,696 (-83.7%), from €157,265 to €25,569
of which Other amounts receivable: -€131,896
- Cash +€26,079
up €26,079 (+19.1%), from €136,393 to €162,472
mainly Net result for the year (+€149,199) and Receivables within one year (+€131,696)
- Intangible fixed assets -€7,700
down €7,700 (-13.6%), from €56,642 to €48,942
- Profit (loss) carried forward -€239,416
down €239,416 (-100%), from €239,416 to €0
- Other debts +€126,819
new in 2025: €126,819
- Gross operating margin +€11,076
up €11,076 (+6.0%), from €184,671 to €195,747
- Taxes +€3,095
up €3,095 (+7.5%), from €41,342 to €44,437
- Financial income +€2,756
up €2,756 (+43.9%), from €6,273 to €9,029
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 | €373,515 | €258,763 | -€114,752 | -30.7% |
| Fixed assets | 21/28 | €57,633 | €50,247 | -€7,386 | -12.8% |
| Intangible fixed assets | 21 | €56,642 | €48,942 | -€7,700 | -13.6% |
| Tangible fixed assets | 22/27 | €990 | €1,304 | +€314 | +31.7% |
| Furniture and vehicles | 24 | €990 | €1,304 | +€314 | +31.7% |
| Current assets | 29/58 | €315,882 | €208,516 | -€107,366 | -34.0% |
| Amounts receivable within one year | 40/41 | €157,265 | €25,569 | -€131,696 | -83.7% |
| Trade receivables | 40 | - | €200 | +€200 | |
| Other amounts receivable | 41 | €157,265 | €25,369 | -€131,896 | -83.9% |
| Cash at bank and in hand | 54/58 | €136,393 | €162,472 | +€26,079 | +19.1% |
| Deferred charges and accrued income | 490/1 | €22,225 | €20,476 | -€1,749 | -7.9% |
| Total equity and liabilities | 10/49 | €373,515 | €258,763 | -€114,752 | -30.7% |
| Equity | 10/15 | €303,119 | €63,704 | -€239,416 | -79.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,704 | €58,704 | = | 0.0% |
| Distributable reserves | 133 | €58,704 | €58,704 | = | 0.0% |
| Profit (loss) carried forward | 14 | €239,416 | €0 | -€239,416 | -100% |
| Amounts payable | 17/49 | €70,396 | €195,059 | +€124,664 | +177% |
| Amounts payable within one year | 42/48 | €70,396 | €195,059 | +€124,664 | +177% |
| Trade debts | 44 | €668 | €1,369 | +€700 | +105% |
| Suppliers | 440/4 | €668 | €1,369 | +€700 | +105% |
| Taxes, remuneration and social security | 45 | €69,727 | €66,872 | -€2,855 | -4.1% |
| Taxes | 450/3 | €69,727 | €66,872 | -€2,855 | -4.1% |
| Other amounts payable | 47/48 | - | €126,819 | +€126,819 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,441 | €8,629 | +€188 | +2.2% |
| Other operating charges | 640/8 | €1,156 | €1,130 | -€26 | -2.2% |
| Gross operating margin | 9900 | €184,671 | €195,747 | +€11,076 | +6.0% |
| Operating profit (loss) | 9901 | €175,075 | €185,988 | +€10,914 | +6.2% |
| Financial income | 75/76B | €6,273 | €9,029 | +€2,756 | +43.9% |
| Recurring financial income | 75 | €6,273 | €9,029 | +€2,756 | +43.9% |
| Financial charges | 65/66B | €1,398 | €1,381 | -€17 | -1.2% |
| Recurring financial charges | 65 | €1,398 | €1,381 | -€17 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €179,950 | €193,636 | +€13,686 | +7.6% |
| Income taxes | 67/77 | €41,342 | €44,437 | +€3,095 | +7.5% |
| Profit (loss) for the period | 9904 | €138,608 | €149,199 | +€10,591 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €138,608 | €149,199 | +€10,591 | +7.6% |
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 22 October 2026 via checked.be.