MEDRIM: 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.
MEDRIM
Largest movements
- Tangible fixed assets -€46,538
down €46,538 (-10.3%), from €449,849 to €403,310
of which Plant, machinery and equipment: -€30,229
- Receivables within one year +€8,732
new in 2025: €8,732
- Other debts -€40,320
down €40,320 (-22.5%), from €179,304 to €138,984
- Profit (loss) carried forward +€16,073
up €16,073 (+24.3%), from €66,222 to €82,295
- Debts after one year +€8,515
up €8,515 (+6.9%), from €122,953 to €131,468
- Current portion of long-term debt -€6,005
down €6,005 (-14.2%), from €42,254 to €36,249
- Trade debts -€5,419
down €5,419 (-53.4%), from €10,143 to €4,724
- Gross operating margin +€28,068
up €28,068 (+57.7%), from €48,662 to €76,731
- Other operating charges -€4,986
down €4,986 (-42.5%), from €11,742 to €6,756
- Depreciation -€1,802
down €1,802 (-3.4%), from €52,950 to €51,148
- Taxes +€956
new in 2025: €956
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 | €455,538 | €426,172 | -€29,365 | -6.4% |
| Fixed assets | 21/28 | €449,849 | €403,310 | -€46,538 | -10.3% |
| Tangible fixed assets | 22/27 | €449,849 | €403,310 | -€46,538 | -10.3% |
| Land and buildings | 22 | €190,347 | €174,038 | -€16,309 | -8.6% |
| Plant, machinery and equipment | 23 | €259,502 | €229,273 | -€30,229 | -11.6% |
| Current assets | 29/58 | €5,689 | €22,862 | +€17,173 | +302% |
| Amounts receivable within one year | 40/41 | - | €8,732 | +€8,732 | |
| Trade receivables | 40 | - | €8,732 | +€8,732 | |
| Cash at bank and in hand | 54/58 | €5,689 | €10,130 | +€4,441 | +78.1% |
| Deferred charges and accrued income | 490/1 | - | €4,000 | +€4,000 | |
| Total equity and liabilities | 10/49 | €455,538 | €426,172 | -€29,365 | -6.4% |
| Equity | 10/15 | €88,478 | €103,511 | +€15,033 | +17.0% |
| Contributions | 10/11 | €16,148 | €16,148 | = | 0.0% |
| Reserves | 13 | €6,109 | €5,068 | -€1,041 | -17.0% |
| Tax-exempt reserves | 132 | €3,197 | €2,156 | -€1,041 | -32.6% |
| Distributable reserves | 133 | €2,912 | €2,912 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,222 | €82,295 | +€16,073 | +24.3% |
| Provisions and deferred taxes | 16 | €10,253 | €8,331 | -€1,922 | -18.7% |
| Deferred taxes | 168 | €10,253 | €8,331 | -€1,922 | -18.7% |
| Amounts payable | 17/49 | €356,806 | €314,330 | -€42,476 | -11.9% |
| Amounts payable after more than one year | 17 | €122,953 | €131,468 | +€8,515 | +6.9% |
| Financial debts | 170/4 | €122,953 | €131,468 | +€8,515 | +6.9% |
| Amounts payable within one year | 42/48 | €231,903 | €180,912 | -€50,990 | -22.0% |
| Current portion of amounts payable after more than one year | 42 | €42,254 | €36,249 | -€6,005 | -14.2% |
| Trade debts | 44 | €10,143 | €4,724 | -€5,419 | -53.4% |
| Suppliers | 440/4 | €10,143 | €4,724 | -€5,419 | -53.4% |
| Taxes, remuneration and social security | 45 | €202 | €956 | +€754 | +373% |
| Taxes | 450/3 | €202 | €956 | +€754 | +373% |
| Other amounts payable | 47/48 | €179,304 | €138,984 | -€40,320 | -22.5% |
| Accrued charges and deferred income | 492/3 | €1,950 | €1,950 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,950 | €51,148 | -€1,802 | -3.4% |
| Other operating charges | 640/8 | €11,742 | €6,756 | -€4,986 | -42.5% |
| Gross operating margin | 9900 | €48,662 | €76,731 | +€28,068 | +57.7% |
| Operating profit (loss) | 9901 | -€16,030 | €18,827 | +€34,857 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,665 | €4,760 | +€95 | +2.0% |
| Recurring financial charges | 65 | €4,665 | €4,760 | +€95 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,696 | €14,067 | +€34,762 | |
| Transfer from deferred taxes | 780 | €1,922 | €1,922 | = | 0.0% |
| Income taxes | 67/77 | - | €956 | +€956 | |
| Profit (loss) for the period | 9904 | -€18,774 | €15,033 | +€33,806 | |
| Transfer from tax-exempt reserves | 789 | €1,041 | €1,041 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,733 | €16,073 | +€33,806 |
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 13 October 2026 via checked.be.