Medivoie: 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.
Medivoie
Largest movements
- Receivables within one year -€43,501
down €43,501 (-98.1%), from €44,327 to €826
of which Trade receivables: -€43,538
- Tangible fixed assets -€19,574
down €19,574 (-3.5%), from €560,466 to €540,893
of which Land and buildings: -€17,109
- Cash +€14,141
up €14,141 (+1,545%), from €915 to €15,056
mainly Receivables within one year (+€43,501) and Depreciation (+€20,573)
- Trade debts -€36,724
down €36,724 (-91.8%), from €39,997 to €3,274
- Debts after one year -€18,902
down €18,902 (-4.2%), from €453,999 to €435,097
- Profit (loss) carried forward +€7,735
up €7,735 (+27.6%), from -€27,980 to -€20,245
- Gross operating margin +€32,528
up €32,528 (+198%), from €16,413 to €48,941
- Other operating charges +€4,095
up €4,095 (+908%), from €451 to €4,547
- Depreciation +€1,971
up €1,971 (+10.6%), from €18,602 to €20,573
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 | €606,512 | €558,198 | -€48,314 | -8.0% |
| Fixed assets | 21/28 | €560,696 | €541,428 | -€19,268 | -3.4% |
| Tangible fixed assets | 22/27 | €560,466 | €540,893 | -€19,574 | -3.5% |
| Land and buildings | 22 | €546,695 | €529,586 | -€17,109 | -3.1% |
| Plant, machinery and equipment | 23 | €5,752 | €4,440 | -€1,312 | -22.8% |
| Furniture and vehicles | 24 | €6,175 | €5,218 | -€957 | -15.5% |
| Other tangible fixed assets | 26 | €1,844 | €1,649 | -€195 | -10.6% |
| Financial fixed assets | 28 | €230 | €536 | +€306 | +133% |
| Current assets | 29/58 | €45,815 | €16,769 | -€29,046 | -63.4% |
| Amounts receivable within one year | 40/41 | €44,327 | €826 | -€43,501 | -98.1% |
| Trade receivables | 40 | €44,327 | €789 | -€43,538 | -98.2% |
| Other amounts receivable | 41 | - | €37 | +€37 | |
| Cash at bank and in hand | 54/58 | €915 | €15,056 | +€14,141 | +1,545% |
| Deferred charges and accrued income | 490/1 | €573 | €887 | +€314 | +54.8% |
| Total equity and liabilities | 10/49 | €606,512 | €558,198 | -€48,314 | -8.0% |
| Equity | 10/15 | -€24,980 | -€17,245 | +€7,735 | +31.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,980 | -€20,245 | +€7,735 | +27.6% |
| Amounts payable | 17/49 | €631,492 | €575,443 | -€56,049 | -8.9% |
| Amounts payable after more than one year | 17 | €453,999 | €435,097 | -€18,902 | -4.2% |
| Financial debts | 170/4 | €453,999 | €435,097 | -€18,902 | -4.2% |
| Amounts payable within one year | 42/48 | €177,292 | €140,346 | -€36,946 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €18,265 | €18,902 | +€638 | +3.5% |
| Financial debts | 43 | €378 | - | -€378 | |
| Credit institutions | 430/8 | €378 | - | -€378 | |
| Trade debts | 44 | €39,997 | €3,274 | -€36,724 | -91.8% |
| Suppliers | 440/4 | €39,997 | €3,274 | -€36,724 | -91.8% |
| Taxes, remuneration and social security | 45 | €482 | - | -€482 | |
| Taxes | 450/3 | €482 | - | -€482 | |
| Other amounts payable | 47/48 | €118,170 | €118,170 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,602 | €20,573 | +€1,971 | +10.6% |
| Other operating charges | 640/8 | €451 | €4,547 | +€4,095 | +908% |
| Gross operating margin | 9900 | €16,413 | €48,941 | +€32,528 | +198% |
| Operating profit (loss) | 9901 | -€2,640 | €23,821 | +€26,461 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €16,367 | €16,087 | -€280 | -1.7% |
| Recurring financial charges | 65 | €16,367 | €16,087 | -€280 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,006 | €7,735 | +€26,741 | |
| Profit (loss) for the period | 9904 | -€19,006 | €7,735 | +€26,741 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,006 | €7,735 | +€26,741 |
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 21 October 2026 via checked.be.