MEDIWILL: what changed
Two fiscal 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.
What changed
MEDIWILL
NACE 86.220, Specialist medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€433,448
2024 · €448,557-€15,109
Equity
€2.0m
2024 · €1.7m+€318,197
Cash
€1.3m
2024 · €1.3m-€21,994
Balance sheet total
€2.2m
2024 · €2.0m+€244,010
Largest movements
Assets
- Current investments +€375,000
up €375,000 (+300.0%), from €125,000 to €500,000
- Tangible fixed assets -€77,363
down €77,363 (-25.6%), from €302,060 to €224,697
Equity and liabilities
- Reserves +€318,197
up €318,197 (+19.2%), from €1.7m to €2.0m
of which Distributable reserves: +€170,847
- Current portion of long-term debt -€41,221
down €41,221 (-75.2%), from €54,827 to €13,607
Income statement
- Taxes +€7,481
up €7,481 (+4.2%), from €177,850 to €185,331
- Other operating charges +€7,038
up €7,038 (+761.3%), from €925 to €7,963
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.
Result 2024
€448,557
Gross operating margin
-€240
Depreciation
-€167
Other operating charges
-€7,038
Other operating items
-€233
Financial income
-€2,412
Financial charges
+€2,461
Taxes
-€7,481
Result 2025
€433,448
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.
From operations
+€528,346
Investment
-€380,261
Financing
-€170,079
Cash 2024
€1.3m
From operations (derived)
+€528,346
Net result for the year
+€433,448
Depreciation
+€82,624
Receivables within one year
+€15,626
Deferred charges and accrued income
+€16,006
Trade debts
-€361
Tax, wage and social debts
-€4,289
Other debts
-€12,366
Accrued charges and deferred income
-€2,342
Investment (derived)
-€380,261
Investment in fixed assets (net)
-€5,261
Current investments
-€375,000
Financing
-€170,079
Debts after one year
-€13,607
Current portion of long-term debt
-€41,221
Contributions, distributions and other
-€115,252
Cash 2025
€1.3m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,989,967 | €2,233,977 | +€244,010 | +12.3% |
| Fixed assets | 21/28 | €302,060 | €224,697 | -€77,363 | -25.6% |
| Tangible fixed assets | 22/27 | €302,060 | €224,697 | -€77,363 | -25.6% |
| Land and buildings | 22 | €179,375 | €143,500 | -€35,875 | -20.0% |
| Furniture and vehicles | 24 | €78,277 | €43,630 | -€34,647 | -44.3% |
| Other tangible fixed assets | 26 | €44,408 | €37,567 | -€6,841 | -15.4% |
| Current assets | 29/58 | €1,687,907 | €2,009,280 | +€321,373 | +19.0% |
| Amounts receivable within one year | 40/41 | €132,079 | €116,452 | -€15,626 | -11.8% |
| Trade receivables | 40 | €95,017 | €87,159 | -€7,858 | -8.3% |
| Other amounts receivable | 41 | €37,062 | €29,293 | -€7,769 | -21.0% |
| Current investments | 50/53 | €125,000 | €500,000 | +€375,000 | +300.0% |
| Cash at bank and in hand | 54/58 | €1,283,710 | €1,261,716 | -€21,994 | -1.7% |
| Deferred charges and accrued income | 490/1 | €147,118 | €131,112 | -€16,006 | -10.9% |
| Total equity and liabilities | 10/49 | €1,989,967 | €2,233,977 | +€244,010 | +12.3% |
| Equity | 10/15 | €1,684,947 | €2,003,143 | +€318,197 | +18.9% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €1,660,147 | €1,978,343 | +€318,197 | +19.2% |
| Non-distributable reserves | 130/1 | €5,139 | €5,139 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,139 | €5,139 | = | 0.0% |
| Tax-exempt reserves | 132 | €694,200 | €841,550 | +€147,350 | +21.2% |
| Distributable reserves | 133 | €960,808 | €1,131,654 | +€170,847 | +17.8% |
| Amounts payable | 17/49 | €305,020 | €230,834 | -€74,186 | -24.3% |
| Amounts payable after more than one year | 17 | €13,607 | - | -€13,607 | |
| Financial debts | 170/4 | €13,607 | - | -€13,607 | |
| Amounts payable within one year | 42/48 | €288,597 | €230,359 | -€58,238 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €54,827 | €13,607 | -€41,221 | -75.2% |
| Trade debts | 44 | €80,255 | €79,893 | -€361 | -0.5% |
| Suppliers | 440/4 | €80,255 | €79,893 | -€361 | -0.5% |
| Taxes, remuneration and social security | 45 | €29,110 | €24,821 | -€4,289 | -14.7% |
| Taxes | 450/3 | €23,050 | €24,821 | +€1,771 | +7.7% |
| Remuneration and social security | 454/9 | €6,061 | - | -€6,061 | |
| Other amounts payable | 47/48 | €124,404 | €112,038 | -€12,366 | -9.9% |
| Accrued charges and deferred income | 492/3 | €2,817 | €475 | -€2,342 | -83.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,457 | €82,624 | +€167 | +0.2% |
| Other operating charges | 640/8 | €925 | €7,963 | +€7,038 | +761.3% |
| Non-recurring operating charges | 66A | €215 | €448 | +€233 | +108.2% |
| Gross operating margin | 9900 | €702,253 | €702,013 | -€240 | 0.0% |
| Operating profit (loss) | 9901 | €618,657 | €610,979 | -€7,678 | -1.2% |
| Financial income | 75/76B | €11,303 | €8,891 | -€2,412 | -21.3% |
| Recurring financial income | 75 | €11,303 | €8,891 | -€2,412 | -21.3% |
| Financial charges | 65/66B | €3,552 | €1,091 | -€2,461 | -69.3% |
| Recurring financial charges | 65 | €3,552 | €1,091 | -€2,461 | -69.3% |
| Profit (loss) for the period before taxes | 9903 | €626,408 | €618,779 | -€7,628 | -1.2% |
| Income taxes | 67/77 | €177,850 | €185,331 | +€7,481 | +4.2% |
| Profit (loss) for the period | 9904 | €448,557 | €433,448 | -€15,109 | -3.4% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €147,350 | -€63,150 | -30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €238,057 | €286,098 | +€48,041 | +20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.