MEDIZI: 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.
MEDIZI
Largest movements
- Deferred charges and accrued income +€16,653
up €16,653 (+149%), from €11,157 to €27,810
- Tangible fixed assets -€7,561
down €7,561 (-4.4%), from €170,707 to €163,146
- Trade debts +€32,963
up €32,963 (+73.0%), from €45,160 to €78,123
- Short-term financial debts -€15,847
no longer reported in 2025 (was €15,847)
- Reserves +€14,086
up €14,086 (+10.0%), from €140,797 to €154,882
- Debts after one year -€7,776
down €7,776 (-52.2%), from €14,910 to €7,134
of which Financial debts: -€7,776
- Other debts -€6,400
down €6,400 (-18.3%), from €34,979 to €28,579
- Gross operating margin +€25,509
up €25,509 (+144%), from €17,758 to €43,267
- Taxes +€11,029
up €11,029 (+948%), from €1,163 to €12,192
- Other operating charges -€6,699
down €6,699 (-72.2%), from €9,278 to €2,580
- Financial charges -€3,105
down €3,105 (-37.2%), from €8,358 to €5,253
- Depreciation -€1,055
down €1,055 (-10.3%), from €10,237 to €9,182
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 | €288,788 | €299,975 | +€11,187 | +3.9% |
| Fixed assets | 21/28 | €171,029 | €163,146 | -€7,883 | -4.6% |
| Intangible fixed assets | 21 | €322 | €0 | -€322 | -100.0% |
| Tangible fixed assets | 22/27 | €170,707 | €163,146 | -€7,561 | -4.4% |
| Land and buildings | 22 | €10,183 | €6,823 | -€3,360 | -33.0% |
| Plant, machinery and equipment | 23 | €15,915 | €14,923 | -€992 | -6.2% |
| Furniture and vehicles | 24 | €136,421 | €136,862 | +€441 | +0.3% |
| Other tangible fixed assets | 26 | €8,188 | €4,539 | -€3,649 | -44.6% |
| Current assets | 29/58 | €117,759 | €136,829 | +€19,070 | +16.2% |
| Stocks and contracts in progress | 3 | €79,255 | €82,183 | +€2,928 | +3.7% |
| Stocks | 30/36 | €79,255 | €82,183 | +€2,928 | +3.7% |
| Amounts receivable within one year | 40/41 | €20,573 | €19,509 | -€1,064 | -5.2% |
| Trade receivables | 40 | €2,175 | €11,808 | +€9,632 | +443% |
| Other amounts receivable | 41 | €18,398 | €7,701 | -€10,696 | -58.1% |
| Cash at bank and in hand | 54/58 | €6,775 | €7,327 | +€553 | +8.2% |
| Deferred charges and accrued income | 490/1 | €11,157 | €27,810 | +€16,653 | +149% |
| Total equity and liabilities | 10/49 | €288,788 | €299,975 | +€11,187 | +3.9% |
| Equity | 10/15 | €159,924 | €174,010 | +€14,086 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,797 | €154,882 | +€14,086 | +10.0% |
| Distributable reserves | 133 | €140,797 | €154,882 | +€14,086 | +10.0% |
| Profit (loss) carried forward | 14 | €528 | €528 | = | 0.0% |
| Amounts payable | 17/49 | €128,864 | €125,966 | -€2,898 | -2.2% |
| Amounts payable after more than one year | 17 | €14,910 | €7,134 | -€7,776 | -52.2% |
| Financial debts | 170/4 | €11,010 | €3,234 | -€7,776 | -70.6% |
| Other amounts payable | 178/9 | €3,900 | €3,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €111,160 | €116,669 | +€5,509 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €12,221 | €7,776 | -€4,445 | -36.4% |
| Financial debts | 43 | €15,847 | - | -€15,847 | |
| Credit institutions | 430/8 | €15,847 | - | -€15,847 | |
| Trade debts | 44 | €45,160 | €78,123 | +€32,963 | +73.0% |
| Suppliers | 440/4 | €45,160 | €78,123 | +€32,963 | +73.0% |
| Taxes, remuneration and social security | 45 | €2,954 | €2,192 | -€762 | -25.8% |
| Taxes | 450/3 | €1,954 | €2,192 | +€238 | +12.2% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €34,979 | €28,579 | -€6,400 | -18.3% |
| Accrued charges and deferred income | 492/3 | €2,793 | €2,162 | -€632 | -22.6% |
| Non-recurring operating income | 76A | €4,005 | €12,397 | +€8,392 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,237 | €9,182 | -€1,055 | -10.3% |
| Other operating charges | 640/8 | €9,278 | €2,580 | -€6,699 | -72.2% |
| Gross operating margin | 9900 | €17,758 | €43,267 | +€25,509 | +144% |
| Operating profit (loss) | 9901 | -€1,757 | €31,506 | +€33,263 | |
| Financial income | 75/76B | €233 | €25 | -€208 | -89.3% |
| Recurring financial income | 75 | €233 | €25 | -€208 | -89.3% |
| Financial charges | 65/66B | €8,358 | €5,253 | -€3,105 | -37.2% |
| Recurring financial charges | 65 | €8,358 | €5,253 | -€3,105 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,883 | €26,278 | +€36,160 | |
| Income taxes | 67/77 | €1,163 | €12,192 | +€11,029 | +948% |
| Profit (loss) for the period | 9904 | -€11,045 | €14,086 | +€25,131 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,045 | €14,086 | +€25,131 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.