Mednin: 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.
Mednin
Largest movements
- Receivables within one year +€10,670
up €10,670 (+178.0%), from €5,995 to €16,666
of which Other amounts receivable: +€16,666
- Tangible fixed assets -€5,513
down €5,513 (-32.2%), from €17,144 to €11,631
of which Furniture and vehicles: -€11,963
- Cash -€4,394
down €4,394 (-36.2%), from €12,129 to €7,735
mainly Receivables within one year (-€10,670) and Tax, wage and social debts (-€2,811)
- Deferred charges and accrued income -€1,386
no longer reported in 2025 (was €1,386)
- Reserves +€3,274
up €3,274 (+11.5%), from €28,496 to €31,770
- Tax, wage and social debts -€2,811
down €2,811 (-67.2%), from €4,183 to €1,372
- Trade debts -€788
down €788 (-46.9%), from €1,678 to €891
- Gross operating margin -€15,118
down €15,118 (-53.1%), from €28,465 to €13,347
- Depreciation -€4,375
down €4,375 (-43.7%), from €10,009 to €5,635
- Taxes -€2,811
down €2,811 (-67.2%), from €4,183 to €1,372
- Other operating charges -€426
down €426 (-14.9%), from €2,861 to €2,436
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 | €36,655 | €36,032 | -€623 | -1.7% |
| Fixed assets | 21/28 | €17,144 | €11,631 | -€5,513 | -32.2% |
| Tangible fixed assets | 22/27 | €17,144 | €11,631 | -€5,513 | -32.2% |
| Land and buildings | 22 | - | €6,906 | +€6,906 | |
| Plant, machinery and equipment | 23 | €776 | €321 | -€456 | -58.7% |
| Furniture and vehicles | 24 | €16,368 | €4,405 | -€11,963 | -73.1% |
| Current assets | 29/58 | €19,511 | €24,401 | +€4,890 | +25.1% |
| Amounts receivable within one year | 40/41 | €5,995 | €16,666 | +€10,670 | +178.0% |
| Trade receivables | 40 | €5,995 | - | -€5,995 | |
| Other amounts receivable | 41 | - | €16,666 | +€16,666 | |
| Cash at bank and in hand | 54/58 | €12,129 | €7,735 | -€4,394 | -36.2% |
| Deferred charges and accrued income | 490/1 | €1,386 | - | -€1,386 | |
| Total equity and liabilities | 10/49 | €36,655 | €36,032 | -€623 | -1.7% |
| Equity | 10/15 | €30,496 | €33,770 | +€3,274 | +10.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €28,496 | €31,770 | +€3,274 | +11.5% |
| Distributable reserves | 133 | €28,496 | €31,770 | +€3,274 | +11.5% |
| Amounts payable | 17/49 | €6,159 | €2,262 | -€3,897 | -63.3% |
| Amounts payable within one year | 42/48 | €6,159 | €2,262 | -€3,897 | -63.3% |
| Trade debts | 44 | €1,678 | €891 | -€788 | -46.9% |
| Suppliers | 440/4 | €1,678 | €891 | -€788 | -46.9% |
| Taxes, remuneration and social security | 45 | €4,183 | €1,372 | -€2,811 | -67.2% |
| Taxes | 450/3 | €4,183 | €1,372 | -€2,811 | -67.2% |
| Other amounts payable | 47/48 | €298 | - | -€298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,009 | €5,635 | -€4,375 | -43.7% |
| Other operating charges | 640/8 | €2,861 | €2,436 | -€426 | -14.9% |
| Gross operating margin | 9900 | €28,465 | €13,347 | -€15,118 | -53.1% |
| Operating profit (loss) | 9901 | €15,594 | €5,277 | -€10,317 | -66.2% |
| Financial charges | 65/66B | €632 | €631 | -€1 | -0.1% |
| Recurring financial charges | 65 | €632 | €631 | -€1 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €14,962 | €4,646 | -€10,317 | -69.0% |
| Income taxes | 67/77 | €4,183 | €1,372 | -€2,811 | -67.2% |
| Profit (loss) for the period | 9904 | €10,779 | €3,274 | -€7,505 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,779 | €3,274 | -€7,505 | -69.6% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.