MEDSOFT: what changed
Two fiscal 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.
MEDSOFT
Largest movements
- Current investments +€11,000
up €11,000 (+13.7%), from €80,247 to €91,247
- Cash -€5,743
down €5,743 (-32.3%), from €17,779 to €12,036
mainly Current investments (-€11,000) and Trade debts (-€4,658)
- Deferred charges and accrued income -€1,999
down €1,999 (-66.2%), from €3,019 to €1,020
- Trade debts -€4,658
down €4,658 (-96.5%), from €4,829 to €171
- Profit (loss) carried forward +€3,149
no longer reported in 2024 (was -€3,149)
- Tax, wage and social debts +€3,007
up €3,007 (+944.3%), from €318 to €3,326
of which Taxes: +€1,925
- Reserves +€2,312
up €2,312 (+1.6%), from €148,095 to €150,407
of which Distributable reserves: +€2,312
- Other debts -€2,133
no longer reported in 2024 (was €2,133)
- Gross operating margin +€7,472
up €7,472 (+241.1%), from €3,100 to €10,572
- Depreciation -€3,424
down €3,424 (-47.7%), from €7,172 to €3,748
- Taxes +€1,940
up €1,940 (+1277.2%), from €152 to €2,091
- Financial income -€933
down €933 (-32.6%), from €2,865 to €1,932
- Financial charges -€371
down €371 (-31.8%), from €1,168 to €797
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €158,424 | €160,101 | +€1,677 | +1.1% |
| Fixed assets | 21/28 | €28,044 | €27,714 | -€329 | -1.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €18,044 | €17,714 | -€329 | -1.8% |
| Plant, machinery and equipment | 23 | €8,083 | €6,910 | -€1,173 | -14.5% |
| Furniture and vehicles | 24 | €9,960 | €8,517 | -€1,443 | -14.5% |
| Other tangible fixed assets | 26 | - | €2,287 | +€2,287 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €130,380 | €132,387 | +€2,006 | +1.5% |
| Amounts receivable within one year | 40/41 | €29,336 | €28,084 | -€1,252 | -4.3% |
| Trade receivables | 40 | €28,469 | €26,423 | -€2,045 | -7.2% |
| Other amounts receivable | 41 | €868 | €1,661 | +€794 | +91.5% |
| Current investments | 50/53 | €80,247 | €91,247 | +€11,000 | +13.7% |
| Cash at bank and in hand | 54/58 | €17,779 | €12,036 | -€5,743 | -32.3% |
| Deferred charges and accrued income | 490/1 | €3,019 | €1,020 | -€1,999 | -66.2% |
| Total equity and liabilities | 10/49 | €158,424 | €160,101 | +€1,677 | +1.1% |
| Equity | 10/15 | €151,143 | €156,604 | +€5,461 | +3.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €148,095 | €150,407 | +€2,312 | +1.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €146,236 | €148,548 | +€2,312 | +1.6% |
| Profit (loss) carried forward | 14 | -€3,149 | - | +€3,149 | |
| Amounts payable | 17/49 | €7,281 | €3,497 | -€3,784 | -52.0% |
| Amounts payable within one year | 42/48 | €7,281 | €3,497 | -€3,784 | -52.0% |
| Trade debts | 44 | €4,829 | €171 | -€4,658 | -96.5% |
| Suppliers | 440/4 | €4,829 | €171 | -€4,658 | -96.5% |
| Taxes, remuneration and social security | 45 | €318 | €3,326 | +€3,007 | +944.3% |
| Taxes | 450/3 | €318 | €2,243 | +€1,925 | +604.4% |
| Remuneration and social security | 454/9 | - | €1,082 | +€1,082 | |
| Other amounts payable | 47/48 | €2,133 | - | -€2,133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,172 | €3,748 | -€3,424 | -47.7% |
| Other operating charges | 640/8 | €622 | €407 | -€215 | -34.6% |
| Gross operating margin | 9900 | €3,100 | €10,572 | +€7,472 | +241.1% |
| Operating profit (loss) | 9901 | -€4,695 | €6,417 | +€11,112 | |
| Financial income | 75/76B | €2,865 | €1,932 | -€933 | -32.6% |
| Recurring financial income | 75 | €2,865 | €1,932 | -€933 | -32.6% |
| Financial charges | 65/66B | €1,168 | €797 | -€371 | -31.8% |
| Recurring financial charges | 65 | €1,168 | €797 | -€371 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,997 | €7,553 | +€10,550 | |
| Income taxes | 67/77 | €152 | €2,091 | +€1,940 | +1277.2% |
| Profit (loss) for the period | 9904 | -€3,149 | €5,461 | +€8,610 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,149 | €5,461 | +€8,610 |
Source: filed annual accounts (NBB), fiscal years ended 1 January 2023 and 1 January 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.