Medsano: 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.
Medsano
Largest movements
- Cash +€65,365
up €65,365 (+34.1%), from €191,900 to €257,265
mainly Other debts (+€131,279) and Net result for the year (+€77,192)
- Receivables within one year +€3,985
up €3,985 (+6.8%), from €58,519 to €62,504
of which Trade receivables: +€6,810
- Deferred charges and accrued income -€3,256
down €3,256 (-79.2%), from €4,113 to €857
- Other debts +€131,279
up €131,279 (+728%), from €18,033 to €149,312
- Profit (loss) carried forward -€82,808
down €82,808 (-98.1%), from €84,422 to €1,614
- Tax, wage and social debts +€24,170
up €24,170 (+600%), from €4,030 to €28,200
- Trade debts -€4,819
down €4,819 (-89.6%), from €5,381 to €562
- Gross operating margin +€34,764
up €34,764 (+53.0%), from €65,569 to €100,333
- Depreciation -€5,324
down €5,324 (-85.1%), from €6,255 to €931
- Taxes +€2,879
up €2,879 (+17.4%), from €16,578 to €19,457
- Other operating charges +€1,148
up €1,148 (+136%), from €845 to €1,993
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 | €256,426 | €324,134 | +€67,708 | +26.4% |
| Fixed assets | 21/28 | €1,894 | €3,508 | +€1,614 | +85.2% |
| Tangible fixed assets | 22/27 | €1,894 | €3,508 | +€1,614 | +85.2% |
| Plant, machinery and equipment | 23 | - | €2,463 | +€2,463 | |
| Furniture and vehicles | 24 | €1,894 | €1,045 | -€849 | -44.8% |
| Current assets | 29/58 | €254,532 | €320,626 | +€66,094 | +26.0% |
| Amounts receivable within one year | 40/41 | €58,519 | €62,504 | +€3,985 | +6.8% |
| Trade receivables | 40 | €31,729 | €38,539 | +€6,810 | +21.5% |
| Other amounts receivable | 41 | €26,790 | €23,965 | -€2,825 | -10.5% |
| Cash at bank and in hand | 54/58 | €191,900 | €257,265 | +€65,365 | +34.1% |
| Deferred charges and accrued income | 490/1 | €4,113 | €857 | -€3,256 | -79.2% |
| Total equity and liabilities | 10/49 | €256,426 | €324,134 | +€67,708 | +26.4% |
| Equity | 10/15 | €228,353 | €145,545 | -€82,808 | -36.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €138,931 | €138,931 | = | 0.0% |
| Distributable reserves | 133 | €138,931 | €138,931 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,422 | €1,614 | -€82,808 | -98.1% |
| Amounts payable | 17/49 | €28,073 | €178,589 | +€150,516 | +536% |
| Amounts payable within one year | 42/48 | €28,043 | €178,074 | +€150,031 | +535% |
| Current portion of amounts payable after more than one year | 42 | €599 | - | -€599 | |
| Trade debts | 44 | €5,381 | €562 | -€4,819 | -89.6% |
| Suppliers | 440/4 | €5,381 | €562 | -€4,819 | -89.6% |
| Taxes, remuneration and social security | 45 | €4,030 | €28,200 | +€24,170 | +600% |
| Taxes | 450/3 | €4,030 | €28,200 | +€24,170 | +600% |
| Other amounts payable | 47/48 | €18,033 | €149,312 | +€131,279 | +728% |
| Accrued charges and deferred income | 492/3 | €30 | €515 | +€485 | +1,617% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,255 | €931 | -€5,324 | -85.1% |
| Other operating charges | 640/8 | €845 | €1,993 | +€1,148 | +136% |
| Non-recurring operating charges | 66A | €1,009 | €42 | -€967 | -95.8% |
| Gross operating margin | 9900 | €65,569 | €100,333 | +€34,764 | +53.0% |
| Operating profit (loss) | 9901 | €57,460 | €97,367 | +€39,907 | +69.5% |
| Financial charges | 65/66B | €581 | €718 | +€137 | +23.6% |
| Recurring financial charges | 65 | €581 | €718 | +€137 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €56,879 | €96,649 | +€39,770 | +69.9% |
| Income taxes | 67/77 | €16,578 | €19,457 | +€2,879 | +17.4% |
| Profit (loss) for the period | 9904 | €40,301 | €77,192 | +€36,891 | +91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,301 | €77,192 | +€36,891 | +91.5% |
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 18 October 2026 via checked.be.