MedLEx: 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.
MedLEx
Largest movements
- Cash -€23,219
down €23,219 (-17.0%), from €136,459 to €113,240
mainly Contributions, distributions and other (-€148,784) and Tax, wage and social debts (-€16,205)
- Reserves -€103,161
no longer reported in 2025 (was €103,161)
- Trade debts +€68,160
up €68,160 (+39.8%), from €171,124 to €239,284
- Other debts +€35,183
up €35,183 (+214.1%), from €16,431 to €51,614
- Tax, wage and social debts -€16,205
down €16,205 (-47.8%), from €33,911 to €17,706
of which Taxes: -€14,234
- Debts after one year -€9,064
down €9,064 (-36.2%), from €25,028 to €15,965
- Gross operating margin +€23,599
up €23,599 (+27.3%), from €86,485 to €110,083
- Taxes +€5,448
up €5,448 (+81.6%), from €6,677 to €12,125
- Financial income +€3,073
up €3,073 (+3817.4%), from €80 to €3,153
- Other operating charges +€1,419
up €1,419 (+183.5%), from €773 to €2,192
- Staff costs -€1,334
down €1,334 (-3.3%), from €40,584 to €39,249
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 | €367,399 | €340,219 | -€27,180 | -7.4% |
| Fixed assets | 21/28 | €46,446 | €43,402 | -€3,044 | -6.6% |
| Tangible fixed assets | 22/27 | €46,446 | €43,402 | -€3,044 | -6.6% |
| Land and buildings | 22 | €930 | €520 | -€410 | -44.1% |
| Plant, machinery and equipment | 23 | €9,465 | €14,646 | +€5,181 | +54.7% |
| Furniture and vehicles | 24 | €36,052 | €28,236 | -€7,815 | -21.7% |
| Current assets | 29/58 | €320,952 | €296,816 | -€24,136 | -7.5% |
| Amounts receivable within one year | 40/41 | €84,493 | €83,577 | -€917 | -1.1% |
| Trade receivables | 40 | €84,493 | €76,772 | -€7,721 | -9.1% |
| Other amounts receivable | 41 | - | €6,805 | +€6,805 | |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €136,459 | €113,240 | -€23,219 | -17.0% |
| Total equity and liabilities | 10/49 | €367,399 | €340,219 | -€27,180 | -7.4% |
| Equity | 10/15 | €105,661 | €2,500 | -€103,161 | -97.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €103,161 | - | -€103,161 | |
| Distributable reserves | 133 | €103,161 | - | -€103,161 | |
| Amounts payable | 17/49 | €261,738 | €337,719 | +€75,981 | +29.0% |
| Amounts payable after more than one year | 17 | €25,028 | €15,965 | -€9,064 | -36.2% |
| Financial debts | 170/4 | €25,028 | €15,965 | -€9,064 | -36.2% |
| Amounts payable within one year | 42/48 | €230,162 | €317,668 | +€87,506 | +38.0% |
| Current portion of amounts payable after more than one year | 42 | €8,697 | €9,064 | +€367 | +4.2% |
| Trade debts | 44 | €171,124 | €239,284 | +€68,160 | +39.8% |
| Suppliers | 440/4 | €171,124 | €239,284 | +€68,160 | +39.8% |
| Taxes, remuneration and social security | 45 | €33,911 | €17,706 | -€16,205 | -47.8% |
| Taxes | 450/3 | €28,880 | €14,646 | -€14,234 | -49.3% |
| Remuneration and social security | 454/9 | €5,031 | €3,060 | -€1,971 | -39.2% |
| Other amounts payable | 47/48 | €16,431 | €51,614 | +€35,183 | +214.1% |
| Accrued charges and deferred income | 492/3 | €6,547 | €4,087 | -€2,461 | -37.6% |
| Remuneration, social security and pensions | 62 | €40,584 | €39,249 | -€1,334 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,527 | €12,648 | +€120 | +1.0% |
| Other operating charges | 640/8 | €773 | €2,192 | +€1,419 | +183.5% |
| Gross operating margin | 9900 | €86,485 | €110,083 | +€23,599 | +27.3% |
| Operating profit (loss) | 9901 | €32,600 | €55,994 | +€23,394 | +71.8% |
| Financial income | 75/76B | €80 | €3,153 | +€3,073 | +3817.4% |
| Recurring financial income | 75 | €80 | €3,153 | +€3,073 | +3817.4% |
| Financial charges | 65/66B | €1,757 | €1,399 | -€358 | -20.4% |
| Recurring financial charges | 65 | €1,757 | €1,399 | -€358 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €30,923 | €57,748 | +€26,825 | +86.7% |
| Income taxes | 67/77 | €6,677 | €12,125 | +€5,448 | +81.6% |
| Profit (loss) for the period | 9904 | €24,246 | €45,623 | +€21,377 | +88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,246 | €45,623 | +€21,377 | +88.2% |
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 6 October 2026 via checked.be.