MEDSTRATEGIX: 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.
MEDSTRATEGIX
Largest movements
- Tangible fixed assets +€965
up €965 (+43.7%), from €2,211 to €3,176
- Cash -€509
down €509 (-1.6%), from €31,765 to €31,256
mainly Investment in fixed assets (net) (-€1,776) and Other debts (-€1,377)
- Reserves +€1,410
up €1,410 (+7.4%), from €18,982 to €20,392
- Other debts -€1,377
down €1,377 (-30.8%), from €4,465 to €3,089
- Tax, wage and social debts +€915
up €915 (+10.2%), from €8,963 to €9,879
- Trade debts -€690
no longer reported in 2025 (was €690)
- Gross operating margin -€24,837
down €24,837 (-88.6%), from €28,018 to €3,181
- Taxes -€8,048
down €8,048 (-89.8%), from €8,963 to €915
- Depreciation +€780
up €780 (+2,564%), from €30 to €811
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 | €35,101 | €35,359 | +€259 | +0.7% |
| Fixed assets | 21/28 | €2,211 | €3,176 | +€965 | +43.7% |
| Tangible fixed assets | 22/27 | €2,211 | €3,176 | +€965 | +43.7% |
| Furniture and vehicles | 24 | €2,211 | €3,176 | +€965 | +43.7% |
| Current assets | 29/58 | €32,890 | €32,183 | -€707 | -2.1% |
| Amounts receivable within one year | 40/41 | €1,125 | €927 | -€198 | -17.6% |
| Other amounts receivable | 41 | €1,125 | €927 | -€198 | -17.6% |
| Cash at bank and in hand | 54/58 | €31,765 | €31,256 | -€509 | -1.6% |
| Total equity and liabilities | 10/49 | €35,101 | €35,359 | +€259 | +0.7% |
| Equity | 10/15 | €20,982 | €22,392 | +€1,410 | +6.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,982 | €20,392 | +€1,410 | +7.4% |
| Distributable reserves | 133 | €18,982 | €20,392 | +€1,410 | +7.4% |
| Amounts payable | 17/49 | €14,118 | €12,967 | -€1,151 | -8.2% |
| Amounts payable within one year | 42/48 | €14,118 | €12,967 | -€1,151 | -8.2% |
| Trade debts | 44 | €690 | - | -€690 | |
| Suppliers | 440/4 | €690 | - | -€690 | |
| Taxes, remuneration and social security | 45 | €8,963 | €9,879 | +€915 | +10.2% |
| Taxes | 450/3 | €8,963 | €9,879 | +€915 | +10.2% |
| Other amounts payable | 47/48 | €4,465 | €3,089 | -€1,377 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30 | €811 | +€780 | +2,564% |
| Gross operating margin | 9900 | €28,018 | €3,181 | -€24,837 | -88.6% |
| Operating profit (loss) | 9901 | €27,987 | €2,370 | -€25,617 | -91.5% |
| Financial charges | 65/66B | €41 | €45 | +€4 | +9.1% |
| Recurring financial charges | 65 | €41 | €45 | +€4 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €27,946 | €2,325 | -€25,621 | -91.7% |
| Income taxes | 67/77 | €8,963 | €915 | -€8,048 | -89.8% |
| Profit (loss) for the period | 9904 | €18,982 | €1,410 | -€17,573 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,982 | €1,410 | -€17,573 | -92.6% |
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 25 October 2026 via checked.be.