MEDIX: 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.
MEDIX
Largest movements
- Cash +€223,835
up €223,835 (+86.1%), from €259,834 to €483,669
mainly Net result for the year (+€185,152) and Receivables within one year (+€44,916)
- Receivables within one year -€44,916
down €44,916 (-97.4%), from €46,107 to €1,191
of which Trade receivables: -€43,280
- Deferred charges and accrued income +€21,664
up €21,664 (+407.9%), from €5,311 to €26,974
- Reserves +€184,319
up €184,319 (+70.4%), from €261,923 to €446,242
of which Distributable reserves: +€185,152
- Tax, wage and social debts +€17,710
up €17,710 (+163.1%), from €10,857 to €28,567
- Gross operating margin +€64,372
up €64,372 (+30.7%), from €209,608 to €273,981
- Financial charges -€53,657
down €53,657 (-96.5%), from €55,606 to €1,949
- Taxes +€37,493
up €37,493 (+75.5%), from €49,671 to €87,164
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 | €311,252 | €511,835 | +€200,583 | +64.4% |
| Current assets | 29/58 | €311,252 | €511,835 | +€200,583 | +64.4% |
| Amounts receivable within one year | 40/41 | €46,107 | €1,191 | -€44,916 | -97.4% |
| Trade receivables | 40 | €44,471 | €1,191 | -€43,280 | -97.3% |
| Other amounts receivable | 41 | €1,636 | €0 | -€1,636 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €259,834 | €483,669 | +€223,835 | +86.1% |
| Deferred charges and accrued income | 490/1 | €5,311 | €26,974 | +€21,664 | +407.9% |
| Total equity and liabilities | 10/49 | €311,252 | €511,835 | +€200,583 | +64.4% |
| Equity | 10/15 | €274,323 | €458,642 | +€184,319 | +67.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €261,923 | €446,242 | +€184,319 | +70.4% |
| Non-distributable reserves | 130/1 | €1,027 | €194 | -€833 | -81.1% |
| Own shares acquired | 1312 | €1,027 | €194 | -€833 | -81.1% |
| Distributable reserves | 133 | €260,896 | €446,048 | +€185,152 | +71.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,928 | €53,193 | +€16,264 | +44.0% |
| Amounts payable within one year | 42/48 | €36,928 | €53,193 | +€16,264 | +44.0% |
| Trade debts | 44 | - | €1,507 | +€1,507 | |
| Suppliers | 440/4 | - | €1,507 | +€1,507 | |
| Taxes, remuneration and social security | 45 | €10,857 | €28,567 | +€17,710 | +163.1% |
| Taxes | 450/3 | €10,857 | €28,567 | +€17,710 | +163.1% |
| Other amounts payable | 47/48 | €26,071 | €23,119 | -€2,952 | -11.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,269 | €607 | -€663 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €212 | €350 | +€138 | +65.0% |
| Gross operating margin | 9900 | €209,608 | €273,981 | +€64,372 | +30.7% |
| Operating profit (loss) | 9901 | €208,127 | €273,024 | +€64,897 | +31.2% |
| Financial income | 75/76B | €227 | €1,241 | +€1,013 | +445.6% |
| Recurring financial income | 75 | €227 | €1,241 | +€1,013 | +445.6% |
| Financial charges | 65/66B | €55,606 | €1,949 | -€53,657 | -96.5% |
| Recurring financial charges | 65 | €55,606 | €1,949 | -€53,657 | -96.5% |
| Profit (loss) for the period before taxes | 9903 | €152,748 | €272,316 | +€119,568 | +78.3% |
| Income taxes | 67/77 | €49,671 | €87,164 | +€37,493 | +75.5% |
| Profit (loss) for the period | 9904 | €103,076 | €185,152 | +€82,075 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €103,076 | €185,152 | +€82,075 | +79.6% |
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 3 October 2026 via checked.be.