MEDIZO: 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.
MEDIZO
Largest movements
- Tangible fixed assets +€40,010
up €40,010 (+713.1%), from €5,611 to €45,620
of which Other tangible fixed assets: +€41,694
- Receivables within one year +€27,075
up €27,075 (+11.2%), from €242,295 to €269,369
of which Other amounts receivable: +€20,441
- Cash -€17,825
down €17,825 (-50.6%), from €35,212 to €17,388
mainly Investment in fixed assets (net) (-€43,823) and Receivables within one year (-€27,075)
- Receivables after one year -€6,667
down €6,667 (-16.7%), from €40,000 to €33,333
- Debts after one year +€33,526
new in 2025: €33,526
- Other debts -€18,068
down €18,068 (-55.8%), from €32,400 to €14,332
- Tax, wage and social debts -€16,633
no longer reported in 2025 (was €16,633)
- Short-term financial debts +€16,315
up €16,315 (+273.8%), from €5,958 to €22,273
of which Other loans: +€16,406
- Reserves +€15,612
up €15,612 (+5.7%), from €273,536 to €289,147
of which Distributable reserves: +€15,612
- Gross operating margin -€46,219
down €46,219 (-55.1%), from €83,851 to €37,632
- Taxes -€9,212
down €9,212 (-38.9%), from €23,656 to €14,444
- Financial income +€3,051
up €3,051 (+22.7%), from €13,470 to €16,521
- Depreciation +€2,191
up €2,191 (+135.0%), from €1,623 to €3,813
- Financial charges +€1,317
up €1,317 (+87.8%), from €1,500 to €2,817
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 | €342,242 | €382,029 | +€39,787 | +11.6% |
| Fixed assets | 21/28 | €5,611 | €45,620 | +€40,010 | +713.1% |
| Tangible fixed assets | 22/27 | €5,611 | €45,620 | +€40,010 | +713.1% |
| Plant, machinery and equipment | 23 | €2,520 | €1,935 | -€585 | -23.2% |
| Furniture and vehicles | 24 | €3,091 | €1,991 | -€1,100 | -35.6% |
| Other tangible fixed assets | 26 | - | €41,694 | +€41,694 | |
| Current assets | 29/58 | €336,632 | €336,409 | -€223 | -0.1% |
| Amounts receivable after more than one year | 29 | €40,000 | €33,333 | -€6,667 | -16.7% |
| Other amounts receivable | 291 | €40,000 | €33,333 | -€6,667 | -16.7% |
| Amounts receivable within one year | 40/41 | €242,295 | €269,369 | +€27,075 | +11.2% |
| Trade receivables | 40 | €1,610 | €8,244 | +€6,634 | +412.0% |
| Other amounts receivable | 41 | €240,685 | €261,126 | +€20,441 | +8.5% |
| Cash at bank and in hand | 54/58 | €35,212 | €17,388 | -€17,825 | -50.6% |
| Deferred charges and accrued income | 490/1 | €19,125 | €16,318 | -€2,806 | -14.7% |
| Total equity and liabilities | 10/49 | €342,242 | €382,029 | +€39,787 | +11.6% |
| Equity | 10/15 | €285,936 | €301,547 | +€15,612 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €273,536 | €289,147 | +€15,612 | +5.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €271,676 | €287,287 | +€15,612 | +5.7% |
| Amounts payable | 17/49 | €56,307 | €80,482 | +€24,175 | +42.9% |
| Amounts payable after more than one year | 17 | - | €33,526 | +€33,526 | |
| Financial debts | 170/4 | - | €33,526 | +€33,526 | |
| Amounts payable within one year | 42/48 | €56,289 | €46,956 | -€9,333 | -16.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,542 | +€9,542 | |
| Financial debts | 43 | €5,958 | €22,273 | +€16,315 | +273.8% |
| Credit institutions | 430/8 | €101 | €9 | -€92 | -90.6% |
| Other loans | 439 | €5,857 | €22,263 | +€16,406 | +280.1% |
| Trade debts | 44 | €1,298 | €809 | -€489 | -37.7% |
| Suppliers | 440/4 | €1,298 | €809 | -€489 | -37.7% |
| Taxes, remuneration and social security | 45 | €16,633 | - | -€16,633 | |
| Taxes | 450/3 | €16,633 | - | -€16,633 | |
| Other amounts payable | 47/48 | €32,400 | €14,332 | -€18,068 | -55.8% |
| Accrued charges and deferred income | 492/3 | €18 | - | -€18 | |
| Non-recurring operating income | 76A | €4,363 | - | -€4,363 | |
| Remuneration, social security and pensions | 62 | -€519 | - | +€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €3,813 | +€2,191 | +135.0% |
| Other operating charges | 640/8 | €2,773 | €3,133 | +€361 | +13.0% |
| Gross operating margin | 9900 | €83,851 | €37,632 | -€46,219 | -55.1% |
| Operating profit (loss) | 9901 | €79,974 | €30,685 | -€49,289 | -61.6% |
| Financial income | 75/76B | €13,470 | €16,521 | +€3,051 | +22.7% |
| Recurring financial income | 75 | €13,470 | €16,521 | +€3,051 | +22.7% |
| Financial charges | 65/66B | €1,500 | €2,817 | +€1,317 | +87.8% |
| Recurring financial charges | 65 | €1,500 | €2,817 | +€1,317 | +87.8% |
| Profit (loss) for the period before taxes | 9903 | €91,943 | €44,388 | -€47,555 | -51.7% |
| Income taxes | 67/77 | €23,656 | €14,444 | -€9,212 | -38.9% |
| Profit (loss) for the period | 9904 | €68,288 | €29,944 | -€38,344 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,288 | €29,944 | -€38,344 | -56.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.