MEDLOC: 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.
MEDLOC
Largest movements
- Cash +€37,316
up €37,316 (+15.7%), from €238,062 to €275,378
mainly Other debts (+€118,555) and Net result for the year (+€67,568)
- Receivables within one year -€6,866
down €6,866 (-45.1%), from €15,219 to €8,353
- Other debts +€118,555
up €118,555 (+176.7%), from €67,093 to €185,649
- Profit (loss) carried forward -€82,432
down €82,432 (-48.5%), from €169,947 to €87,515
- Current portion of long-term debt -€7,477
no longer reported in 2025 (was €7,477)
- Gross operating margin +€12,802
up €12,802 (+16.7%), from €76,704 to €89,505
- Depreciation -€9,330
down €9,330 (-85.5%), from €10,907 to €1,577
- Taxes +€3,606
up €3,606 (+23.2%), from €15,553 to €19,159
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 | €265,197 | €294,391 | +€29,194 | +11.0% |
| Fixed assets | 21/28 | €10,189 | €8,613 | -€1,577 | -15.5% |
| Intangible fixed assets | 21 | €9,725 | €8,613 | -€1,112 | -11.4% |
| Tangible fixed assets | 22/27 | €465 | - | -€465 | |
| Furniture and vehicles | 24 | €465 | - | -€465 | |
| Current assets | 29/58 | €255,008 | €285,778 | +€30,770 | +12.1% |
| Amounts receivable within one year | 40/41 | €15,219 | €8,353 | -€6,866 | -45.1% |
| Other amounts receivable | 41 | €15,219 | €8,353 | -€6,866 | -45.1% |
| Cash at bank and in hand | 54/58 | €238,062 | €275,378 | +€37,316 | +15.7% |
| Deferred charges and accrued income | 490/1 | €1,727 | €2,047 | +€320 | +18.5% |
| Total equity and liabilities | 10/49 | €265,197 | €294,391 | +€29,194 | +11.0% |
| Equity | 10/15 | €171,947 | €89,515 | -€82,432 | -47.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,947 | €87,515 | -€82,432 | -48.5% |
| Amounts payable | 17/49 | €93,250 | €204,876 | +€111,626 | +119.7% |
| Amounts payable within one year | 42/48 | €89,101 | €199,753 | +€110,652 | +124.2% |
| Current portion of amounts payable after more than one year | 42 | €7,477 | - | -€7,477 | |
| Trade debts | 44 | €2,336 | €1,980 | -€356 | -15.2% |
| Suppliers | 440/4 | €2,336 | €1,980 | -€356 | -15.2% |
| Taxes, remuneration and social security | 45 | €12,195 | €12,125 | -€71 | -0.6% |
| Taxes | 450/3 | €12,195 | €12,125 | -€71 | -0.6% |
| Other amounts payable | 47/48 | €67,093 | €185,649 | +€118,555 | +176.7% |
| Accrued charges and deferred income | 492/3 | €4,149 | €5,123 | +€974 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,907 | €1,577 | -€9,330 | -85.5% |
| Other operating charges | 640/8 | €959 | €990 | +€31 | +3.3% |
| Gross operating margin | 9900 | €76,704 | €89,505 | +€12,802 | +16.7% |
| Operating profit (loss) | 9901 | €64,838 | €86,938 | +€22,101 | +34.1% |
| Financial income | 75/76B | €79 | €358 | +€279 | +355.2% |
| Recurring financial income | 75 | €79 | €358 | +€279 | +355.2% |
| Financial charges | 65/66B | €623 | €569 | -€54 | -8.6% |
| Recurring financial charges | 65 | €623 | €569 | -€54 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €64,293 | €86,727 | +€22,434 | +34.9% |
| Income taxes | 67/77 | €15,553 | €19,159 | +€3,606 | +23.2% |
| Profit (loss) for the period | 9904 | €48,740 | €67,568 | +€18,828 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,740 | €67,568 | +€18,828 | +38.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.