MEDSINAA: 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.
MEDSINAA
Largest movements
- Tangible fixed assets +€12,621
up €12,621 (+7.1%), from €178,415 to €191,036
- Cash +€8,492
up €8,492 (+5,478%), from €155 to €8,647
mainly Net result for the year (+€33,130) and Tax, wage and social debts (+€13,472)
- Profit (loss) carried forward +€33,130
up €33,130 (+48.7%), from €68,002 to €101,132
- Tax, wage and social debts +€13,472
up €13,472 (+2,423%), from €556 to €14,028
- Trade debts -€12,973
down €12,973 (-97.5%), from €13,305 to €332
- Debts after one year -€11,670
down €11,670 (-9.0%), from €130,288 to €118,618
- Gross operating margin +€43,229
up €43,229 (+288%), from €14,992 to €58,221
- Taxes +€12,916
up €12,916 (+2,323%), from €556 to €13,472
- Depreciation +€1,081
up €1,081 (+12.4%), from €8,717 to €9,798
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 | €237,583 | €260,040 | +€22,457 | +9.5% |
| Fixed assets | 21/28 | €178,715 | €191,336 | +€12,621 | +7.1% |
| Tangible fixed assets | 22/27 | €178,415 | €191,036 | +€12,621 | +7.1% |
| Land and buildings | 22 | €178,415 | €191,036 | +€12,621 | +7.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €58,867 | €68,703 | +€9,836 | +16.7% |
| Amounts receivable within one year | 40/41 | €58,305 | €60,056 | +€1,751 | +3.0% |
| Trade receivables | 40 | €2,263 | €300 | -€1,963 | -86.7% |
| Other amounts receivable | 41 | €56,042 | €59,756 | +€3,714 | +6.6% |
| Cash at bank and in hand | 54/58 | €155 | €8,647 | +€8,492 | +5,478% |
| Deferred charges and accrued income | 490/1 | €407 | - | -€407 | |
| Total equity and liabilities | 10/49 | €237,583 | €260,040 | +€22,457 | +9.5% |
| Equity | 10/15 | €82,262 | €115,392 | +€33,130 | +40.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,002 | €101,132 | +€33,130 | +48.7% |
| Amounts payable | 17/49 | €155,321 | €144,648 | -€10,673 | -6.9% |
| Amounts payable after more than one year | 17 | €130,288 | €118,618 | -€11,670 | -9.0% |
| Financial debts | 170/4 | €130,288 | €118,618 | -€11,670 | -9.0% |
| Amounts payable within one year | 42/48 | €25,032 | €26,030 | +€997 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €11,172 | €11,670 | +€498 | +4.5% |
| Trade debts | 44 | €13,305 | €332 | -€12,973 | -97.5% |
| Suppliers | 440/4 | €13,305 | €332 | -€12,973 | -97.5% |
| Taxes, remuneration and social security | 45 | €556 | €14,028 | +€13,472 | +2,423% |
| Taxes | 450/3 | €556 | €14,028 | +€13,472 | +2,423% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,717 | €9,798 | +€1,081 | +12.4% |
| Other operating charges | 640/8 | €3,014 | €2,934 | -€80 | -2.6% |
| Gross operating margin | 9900 | €14,992 | €58,221 | +€43,229 | +288% |
| Operating profit (loss) | 9901 | €3,261 | €45,489 | +€42,228 | +1,295% |
| Financial income | 75/76B | €3,039 | €3,509 | +€470 | +15.5% |
| Recurring financial income | 75 | €3,039 | €3,509 | +€470 | +15.5% |
| Financial charges | 65/66B | €2,374 | €2,396 | +€22 | +0.9% |
| Recurring financial charges | 65 | €2,374 | €2,396 | +€22 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €3,927 | €46,602 | +€42,675 | +1,087% |
| Income taxes | 67/77 | €556 | €13,472 | +€12,916 | +2,323% |
| Profit (loss) for the period | 9904 | €3,371 | €33,130 | +€29,759 | +883% |
| Profit (loss) for the period to be appropriated | 9905 | €3,371 | €33,130 | +€29,759 | +883% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.