Mediwire: 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.
Mediwire
Largest movements
- Cash -€309,936
down €309,936 (-69.7%), from €444,924 to €134,988
mainly Debts after one year (-€275,594) and Contributions, distributions and other (-€236,589)
- Financial fixed assets +€190,000
up €190,000 (+82.5%), from €230,250 to €420,250
- Receivables within one year +€51,649
up €51,649 (+174.3%), from €29,626 to €81,275
of which Trade receivables: +€39,149
- Debts after one year -€275,594
down €275,594 (-34.3%), from €802,938 to €527,344
- Other debts +€166,816
up €166,816 (+537.8%), from €31,016 to €197,832
- Tax, wage and social debts +€56,572
up €56,572 (+192.8%), from €29,347 to €85,919
of which Taxes: +€57,072
- Financial charges -€16,028
down €16,028 (-56.1%), from €28,586 to €12,558
- Financial income +€14,002
up €14,002 (+28.8%), from €48,646 to €62,648
- Gross operating margin +€10,991
up €10,991 (+4.1%), from €271,310 to €282,301
- Taxes +€7,715
up €7,715 (+16.1%), from €47,811 to €55,526
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,526,905 | €1,454,130 | -€72,775 | -4.8% |
| Fixed assets | 21/28 | €1,047,775 | €1,233,074 | +€185,300 | +17.7% |
| Tangible fixed assets | 22/27 | €817,525 | €812,824 | -€4,700 | -0.6% |
| Land and buildings | 22 | €787,490 | €779,301 | -€8,189 | -1.0% |
| Plant, machinery and equipment | 23 | €16,858 | €14,463 | -€2,395 | -14.2% |
| Furniture and vehicles | 24 | €13,177 | €19,060 | +€5,883 | +44.6% |
| Financial fixed assets | 28 | €230,250 | €420,250 | +€190,000 | +82.5% |
| Current assets | 29/58 | €479,130 | €221,055 | -€258,075 | -53.9% |
| Amounts receivable within one year | 40/41 | €29,626 | €81,275 | +€51,649 | +174.3% |
| Trade receivables | 40 | €29,626 | €68,775 | +€39,149 | +132.1% |
| Other amounts receivable | 41 | €0 | €12,500 | +€12,500 | |
| Cash at bank and in hand | 54/58 | €444,924 | €134,988 | -€309,936 | -69.7% |
| Deferred charges and accrued income | 490/1 | €4,580 | €4,793 | +€213 | +4.6% |
| Total equity and liabilities | 10/49 | €1,526,905 | €1,454,130 | -€72,775 | -4.8% |
| Equity | 10/15 | €583,418 | €580,572 | -€2,846 | -0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €564,818 | €561,972 | -€2,846 | -0.5% |
| Distributable reserves | 133 | €564,818 | €561,972 | -€2,846 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €943,487 | €873,558 | -€69,929 | -7.4% |
| Amounts payable after more than one year | 17 | €802,938 | €527,344 | -€275,594 | -34.3% |
| Financial debts | 170/4 | €802,938 | €527,344 | -€275,594 | -34.3% |
| Amounts payable within one year | 42/48 | €125,430 | €344,504 | +€219,075 | +174.7% |
| Current portion of amounts payable after more than one year | 42 | €61,448 | €57,685 | -€3,763 | -6.1% |
| Trade debts | 44 | €3,618 | €3,068 | -€550 | -15.2% |
| Suppliers | 440/4 | €3,618 | €3,068 | -€550 | -15.2% |
| Taxes, remuneration and social security | 45 | €29,347 | €85,919 | +€56,572 | +192.8% |
| Taxes | 450/3 | €26,447 | €83,519 | +€57,072 | +215.8% |
| Remuneration and social security | 454/9 | €2,900 | €2,400 | -€500 | -17.2% |
| Other amounts payable | 47/48 | €31,016 | €197,832 | +€166,816 | +537.8% |
| Accrued charges and deferred income | 492/3 | €15,119 | €1,709 | -€13,410 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,504 | €38,496 | -€1,009 | -2.6% |
| Other operating charges | 640/8 | €2,634 | €4,627 | +€1,993 | +75.7% |
| Non-recurring operating charges | 66A | €542 | €0 | -€542 | -100.0% |
| Gross operating margin | 9900 | €271,310 | €282,301 | +€10,991 | +4.1% |
| Operating profit (loss) | 9901 | €228,630 | €239,179 | +€10,549 | +4.6% |
| Financial income | 75/76B | €48,646 | €62,648 | +€14,002 | +28.8% |
| Recurring financial income | 75 | €48,646 | €62,648 | +€14,002 | +28.8% |
| Financial charges | 65/66B | €28,586 | €12,558 | -€16,028 | -56.1% |
| Recurring financial charges | 65 | €28,586 | €12,558 | -€16,028 | -56.1% |
| Profit (loss) for the period before taxes | 9903 | €248,690 | €289,269 | +€40,579 | +16.3% |
| Income taxes | 67/77 | €47,811 | €55,526 | +€7,715 | +16.1% |
| Profit (loss) for the period | 9904 | €200,879 | €233,743 | +€32,864 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €200,879 | €233,743 | +€32,864 | +16.4% |
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 10 October 2026 via checked.be.