Medivive: 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.
Medivive
Largest movements
- Cash +€164,504
up €164,504 (+43.7%), from €376,080 to €540,584
mainly Net result for the year (+€395,158) and Other debts (+€226,219)
- Current investments -€99,024
down €99,024 (-99.0%), from €100,000 to €976
- Tangible fixed assets -€64,900
down €64,900 (-4.8%), from €1.3m to €1.3m
of which Land and buildings: -€41,863
- Receivables within one year -€22,987
down €22,987 (-8.5%), from €270,212 to €247,226
of which Trade receivables: -€32,382
- Other debts +€226,219
up €226,219 (+29.9%), from €755,435 to €981,654
- Reserves -€182,998
down €182,998 (-42.7%), from €428,156 to €245,158
- Debts after one year -€117,698
down €117,698 (-16.9%), from €694,814 to €577,116
- Tax, wage and social debts +€49,338
up €49,338 (+117%), from €42,185 to €91,523
- Current portion of long-term debt +€41,211
up €41,211 (+35.3%), from €116,898 to €158,109
- Gross operating margin -€43,684
down €43,684 (-6.7%), from €653,307 to €609,623
- Taxes -€9,632
down €9,632 (-6.9%), from €140,237 to €130,605
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 | €2,099,890 | €2,076,192 | -€23,698 | -1.1% |
| Fixed assets | 21/28 | €1,349,258 | €1,284,358 | -€64,900 | -4.8% |
| Tangible fixed assets | 22/27 | €1,349,013 | €1,284,113 | -€64,900 | -4.8% |
| Land and buildings | 22 | €1,188,840 | €1,146,977 | -€41,863 | -3.5% |
| Plant, machinery and equipment | 23 | €14,021 | €12,233 | -€1,788 | -12.8% |
| Furniture and vehicles | 24 | €146,152 | €124,904 | -€21,249 | -14.5% |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €750,632 | €791,834 | +€41,202 | +5.5% |
| Amounts receivable within one year | 40/41 | €270,212 | €247,226 | -€22,987 | -8.5% |
| Trade receivables | 40 | €270,212 | €237,830 | -€32,382 | -12.0% |
| Other amounts receivable | 41 | €0 | €9,395 | +€9,395 | |
| Current investments | 50/53 | €100,000 | €976 | -€99,024 | -99.0% |
| Cash at bank and in hand | 54/58 | €376,080 | €540,584 | +€164,504 | +43.7% |
| Deferred charges and accrued income | 490/1 | €4,340 | €3,048 | -€1,292 | -29.8% |
| Total equity and liabilities | 10/49 | €2,099,890 | €2,076,192 | -€23,698 | -1.1% |
| Equity | 10/15 | €446,756 | €263,758 | -€182,998 | -41.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €428,156 | €245,158 | -€182,998 | -42.7% |
| Distributable reserves | 133 | €428,156 | €245,158 | -€182,998 | -42.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,653,134 | €1,812,434 | +€159,300 | +9.6% |
| Amounts payable after more than one year | 17 | €694,814 | €577,116 | -€117,698 | -16.9% |
| Financial debts | 170/4 | €694,814 | €577,116 | -€117,698 | -16.9% |
| Amounts payable within one year | 42/48 | €958,320 | €1,235,318 | +€276,998 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €116,898 | €158,109 | +€41,211 | +35.3% |
| Financial debts | 43 | €33,871 | €0 | -€33,871 | -100% |
| Credit institutions | 430/8 | €33,871 | €0 | -€33,871 | -100% |
| Trade debts | 44 | €9,931 | €4,031 | -€5,899 | -59.4% |
| Suppliers | 440/4 | €9,931 | €4,031 | -€5,899 | -59.4% |
| Taxes, remuneration and social security | 45 | €42,185 | €91,523 | +€49,338 | +117% |
| Taxes | 450/3 | €42,185 | €91,523 | +€49,338 | +117% |
| Other amounts payable | 47/48 | €755,435 | €981,654 | +€226,219 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,428 | €64,900 | +€1,472 | +2.3% |
| Other operating charges | 640/8 | €5,290 | €4,398 | -€891 | -16.9% |
| Gross operating margin | 9900 | €653,307 | €609,623 | -€43,684 | -6.7% |
| Operating profit (loss) | 9901 | €584,589 | €540,325 | -€44,265 | -7.6% |
| Financial income | 75/76B | €1,218 | €1,878 | +€660 | +54.2% |
| Recurring financial income | 75 | €1,218 | €1,878 | +€660 | +54.2% |
| Financial charges | 65/66B | €19,275 | €16,440 | -€2,834 | -14.7% |
| Recurring financial charges | 65 | €19,275 | €16,440 | -€2,834 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €566,533 | €525,763 | -€40,770 | -7.2% |
| Income taxes | 67/77 | €140,237 | €130,605 | -€9,632 | -6.9% |
| Profit (loss) for the period | 9904 | €426,296 | €395,158 | -€31,138 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €426,296 | €395,158 | -€31,138 | -7.3% |
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.