MEDOPHTA: 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.
MEDOPHTA
Largest movements
- Tangible fixed assets +€49,134
up €49,134 (+2,110%), from €2,329 to €51,463
- Receivables within one year +€21,006
up €21,006 (+68.0%), from €30,907 to €51,913
of which Trade receivables: +€14,551
- Deferred charges and accrued income -€1,729
down €1,729 (-77.4%), from €2,235 to €506
- Cash +€1,723
up €1,723 (+3.6%), from €47,345 to €49,068
mainly Net result for the year (+€61,224) and Debts after one year (+€36,987)
- Debts after one year +€36,987
new in 2025: €36,987
- Tax, wage and social debts +€19,832
up €19,832 (+153%), from €12,926 to €32,758
of which Remuneration and social security: +€20,132
- Current portion of long-term debt +€14,586
new in 2025: €14,586
- Other debts +€10,880
up €10,880 (+24.0%), from €45,278 to €56,158
- Trade debts -€8,377
down €8,377 (-83.5%), from €10,039 to €1,661
- Depreciation +€9,719
up €9,719 (+937%), from €1,037 to €10,756
- Gross operating margin +€4,597
up €4,597 (+5.4%), from €85,904 to €90,501
- Taxes -€954
down €954 (-5.6%), from €17,169 to €16,215
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.
Derived cash bridge
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 | €82,891 | €153,024 | +€70,133 | +84.6% |
| Fixed assets | 21/28 | €2,404 | €51,538 | +€49,134 | +2,044% |
| Tangible fixed assets | 22/27 | €2,329 | €51,463 | +€49,134 | +2,110% |
| Furniture and vehicles | 24 | €2,329 | €51,463 | +€49,134 | +2,110% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €80,487 | €101,486 | +€20,999 | +26.1% |
| Amounts receivable within one year | 40/41 | €30,907 | €51,913 | +€21,006 | +68.0% |
| Trade receivables | 40 | €26,576 | €41,128 | +€14,551 | +54.8% |
| Other amounts receivable | 41 | €4,331 | €10,785 | +€6,454 | +149% |
| Cash at bank and in hand | 54/58 | €47,345 | €49,068 | +€1,723 | +3.6% |
| Deferred charges and accrued income | 490/1 | €2,235 | €506 | -€1,729 | -77.4% |
| Total equity and liabilities | 10/49 | €82,891 | €153,024 | +€70,133 | +84.6% |
| Equity | 10/15 | €14,648 | €10,872 | -€3,776 | -25.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,648 | €5,872 | -€3,776 | -39.1% |
| Amounts payable | 17/49 | €68,243 | €142,151 | +€73,909 | +108% |
| Amounts payable after more than one year | 17 | - | €36,987 | +€36,987 | |
| Financial debts | 170/4 | - | €36,987 | +€36,987 | |
| Amounts payable within one year | 42/48 | €68,243 | €105,164 | +€36,921 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | - | €14,586 | +€14,586 | |
| Trade debts | 44 | €10,039 | €1,661 | -€8,377 | -83.5% |
| Suppliers | 440/4 | €10,039 | €1,661 | -€8,377 | -83.5% |
| Taxes, remuneration and social security | 45 | €12,926 | €32,758 | +€19,832 | +153% |
| Taxes | 450/3 | €10,050 | €9,750 | -€300 | -3.0% |
| Remuneration and social security | 454/9 | €2,876 | €23,008 | +€20,132 | +700% |
| Other amounts payable | 47/48 | €45,278 | €56,158 | +€10,880 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,037 | €10,756 | +€9,719 | +937% |
| Other operating charges | 640/8 | €0 | €451 | +€451 | |
| Gross operating margin | 9900 | €85,904 | €90,501 | +€4,597 | +5.4% |
| Operating profit (loss) | 9901 | €84,866 | €79,294 | -€5,572 | -6.6% |
| Financial income | 75/76B | €354 | €11 | -€343 | -96.9% |
| Recurring financial income | 75 | €354 | €11 | -€343 | -96.9% |
| Financial charges | 65/66B | €1,644 | €1,866 | +€222 | +13.5% |
| Recurring financial charges | 65 | €1,644 | €1,866 | +€222 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €83,576 | €77,439 | -€6,136 | -7.3% |
| Income taxes | 67/77 | €17,169 | €16,215 | -€954 | -5.6% |
| Profit (loss) for the period | 9904 | €66,407 | €61,224 | -€5,182 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,407 | €61,224 | -€5,182 | -7.8% |
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 19 October 2026 via checked.be.