MEDNES: what changed
MEDNES
Largest movements
- Tangible fixed assets -€3,524
down €3,524 (-30.1%), from €11,690 to €8,166
- Cash -€209
no longer reported in 2025 (was €209)
mainly Tax, wage and social debts (-€8,000) and Net result for the year (-€5,029)
- Receivables within one year -€191
down €191 (-17.2%), from €1,108 to €917
- Other debts +€9,262
up €9,262 (+61.7%), from €15,004 to €24,266
- Tax, wage and social debts -€8,000
no longer reported in 2025 (was €8,000)
- Profit (loss) carried forward -€5,029
down €5,029 (-35.4%), from -€14,206 to -€19,234
- Trade debts -€177
down €177 (-84.7%), from €209 to €32
- Gross operating margin +€6,316
up €6,316 (+84.9%), from -€7,444 to -€1,127
- Depreciation -€286
down €286 (-7.5%), from €3,810 to €3,524
- Other operating charges -€163
down €163 (-41.3%), from €395 to €232
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,007 | €9,084 | -€3,924 | -30.2% |
| Fixed assets | 21/28 | €11,690 | €8,166 | -€3,524 | -30.1% |
| Tangible fixed assets | 22/27 | €11,690 | €8,166 | -€3,524 | -30.1% |
| Furniture and vehicles | 24 | €11,690 | €8,166 | -€3,524 | -30.1% |
| Current assets | 29/58 | €1,317 | €917 | -€400 | -30.3% |
| Amounts receivable within one year | 40/41 | €1,108 | €917 | -€191 | -17.2% |
| Other amounts receivable | 41 | €1,108 | €917 | -€191 | -17.2% |
| Cash at bank and in hand | 54/58 | €209 | - | -€209 | |
| Total equity and liabilities | 10/49 | €13,007 | €9,084 | -€3,924 | -30.2% |
| Equity | 10/15 | -€10,206 | -€15,234 | -€5,029 | -49.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €4,000 | +€4,000 | |
| Other | 1109/19 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | -€14,206 | -€19,234 | -€5,029 | -35.4% |
| Amounts payable | 17/49 | €23,213 | €24,318 | +€1,105 | +4.8% |
| Amounts payable within one year | 42/48 | €23,213 | €24,318 | +€1,105 | +4.8% |
| Financial debts | 43 | - | €21 | +€21 | |
| Credit institutions | 430/8 | - | €21 | +€21 | |
| Trade debts | 44 | €209 | €32 | -€177 | -84.7% |
| Suppliers | 440/4 | €209 | €32 | -€177 | -84.7% |
| Taxes, remuneration and social security | 45 | €8,000 | - | -€8,000 | |
| Remuneration and social security | 454/9 | €8,000 | - | -€8,000 | |
| Other amounts payable | 47/48 | €15,004 | €24,266 | +€9,262 | +61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,810 | €3,524 | -€286 | -7.5% |
| Other operating charges | 640/8 | €395 | €232 | -€163 | -41.3% |
| Gross operating margin | 9900 | -€7,444 | -€1,127 | +€6,316 | +84.9% |
| Operating profit (loss) | 9901 | -€11,648 | -€4,883 | +€6,765 | +58.1% |
| Financial charges | 65/66B | €126 | €146 | +€20 | +15.6% |
| Recurring financial charges | 65 | €126 | €146 | +€20 | +15.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,774 | -€5,029 | +€6,746 | +57.3% |
| Income taxes | 67/77 | -€29 | - | +€29 | |
| Profit (loss) for the period | 9904 | -€11,745 | -€5,029 | +€6,716 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,745 | -€5,029 | +€6,716 | +57.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.