MEDIWORDS: 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.
MEDIWORDS
Largest movements
- Tangible fixed assets -€4,417
down €4,417 (-37.1%), from €11,918 to €7,501
- Receivables within one year -€3,501
down €3,501 (-57.3%), from €6,112 to €2,611
of which Trade receivables: -€3,388
- Cash -€1,462
down €1,462 (-9.4%), from €15,613 to €14,151
mainly Trade debts (-€3,573) and Net result for the year (-€3,137)
- Deferred charges and accrued income +€521
up €521 (+116.4%), from €448 to €969
- Trade debts -€3,573
down €3,573 (-70.5%), from €5,064 to €1,492
- Profit (loss) carried forward -€3,137
down €3,137, from €2,172 to -€966
- Debts after one year -€3,116
down €3,116 (-36.2%), from €8,611 to €5,495
- Other debts +€1,026
up €1,026 (+34.1%), from €3,004 to €4,030
- Gross operating margin -€8,219
down €8,219 (-71.2%), from €11,536 to €3,317
- Taxes -€1,808
down €1,808 (-83.4%), from €2,169 to €361
- Depreciation -€185
down €185 (-4.0%), from €4,603 to €4,417
- Other operating charges -€159
down €159 (-18.7%), from €849 to €691
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 | €34,090 | €25,232 | -€8,859 | -26.0% |
| Fixed assets | 21/28 | €11,918 | €7,501 | -€4,417 | -37.1% |
| Tangible fixed assets | 22/27 | €11,918 | €7,501 | -€4,417 | -37.1% |
| Furniture and vehicles | 24 | €11,918 | €7,501 | -€4,417 | -37.1% |
| Current assets | 29/58 | €22,172 | €17,731 | -€4,442 | -20.0% |
| Amounts receivable within one year | 40/41 | €6,112 | €2,611 | -€3,501 | -57.3% |
| Trade receivables | 40 | €5,352 | €1,964 | -€3,388 | -63.3% |
| Other amounts receivable | 41 | €760 | €646 | -€113 | -14.9% |
| Cash at bank and in hand | 54/58 | €15,613 | €14,151 | -€1,462 | -9.4% |
| Deferred charges and accrued income | 490/1 | €448 | €969 | +€521 | +116.4% |
| Total equity and liabilities | 10/49 | €34,090 | €25,232 | -€8,859 | -26.0% |
| Equity | 10/15 | €14,032 | €10,894 | -€3,137 | -22.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,172 | -€966 | -€3,137 | |
| Amounts payable | 17/49 | €20,059 | €14,338 | -€5,721 | -28.5% |
| Amounts payable after more than one year | 17 | €8,611 | €5,495 | -€3,116 | -36.2% |
| Financial debts | 170/4 | €8,611 | €5,495 | -€3,116 | -36.2% |
| Amounts payable within one year | 42/48 | €11,448 | €8,827 | -€2,621 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €3,011 | €3,116 | +€105 | +3.5% |
| Trade debts | 44 | €5,064 | €1,492 | -€3,573 | -70.5% |
| Suppliers | 440/4 | €5,064 | €1,492 | -€3,573 | -70.5% |
| Taxes, remuneration and social security | 45 | €369 | €190 | -€179 | -48.5% |
| Taxes | 450/3 | €369 | €190 | -€179 | -48.5% |
| Other amounts payable | 47/48 | €3,004 | €4,030 | +€1,026 | +34.1% |
| Accrued charges and deferred income | 492/3 | - | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,603 | €4,417 | -€185 | -4.0% |
| Other operating charges | 640/8 | €849 | €691 | -€159 | -18.7% |
| Gross operating margin | 9900 | €11,536 | €3,317 | -€8,219 | -71.2% |
| Operating profit (loss) | 9901 | €6,084 | -€1,791 | -€7,875 | |
| Financial income | 75/76B | €16 | €25 | +€10 | +61.1% |
| Recurring financial income | 75 | €16 | €25 | +€10 | +61.1% |
| Financial charges | 65/66B | €1,041 | €1,011 | -€30 | -2.9% |
| Recurring financial charges | 65 | €1,041 | €1,011 | -€30 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €5,058 | -€2,777 | -€7,835 | |
| Income taxes | 67/77 | €2,169 | €361 | -€1,808 | -83.4% |
| Profit (loss) for the period | 9904 | €2,890 | -€3,137 | -€6,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,890 | -€3,137 | -€6,027 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.