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MedTec: 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.

What changed

MedTec

BE 0732.512.821
NACE 77.400, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,955
2024 · -€5,820+€12,775
Equity
€6,406
2024 · -€548+€6,955
Cash
€5,448
2024 · €8,083-€2,635
Balance sheet total
€6,406
2024 · €9,680-€3,273

Largest movements

2024 to 2025
Assets
  • Cash -€2,635

    down €2,635 (-32.6%), from €8,083 to €5,448

    mainly Other debts (-€10,228) and Investment in fixed assets (net) (-€346)

  • Intangible fixed assets -€715

    down €715 (-44.7%), from €1,597 to €882

Equity and liabilities
  • Other debts -€10,228

    no longer reported in 2025 (was €10,228)

  • Profit (loss) carried forward +€6,955

    up €6,955 (+22.8%), from -€30,548 to -€23,594

Income statement
  • Gross operating margin +€10,368

    up €10,368, from -€1,479 to €8,888

  • Depreciation -€2,334

    down €2,334 (-68.8%), from €3,395 to €1,061

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€5,820
Gross operating margin +€10,368
Depreciation +€2,334
Other operating charges +€55
Financial charges +€19
Result 2025 €6,955
raises the result

Derived cash bridge

cash 2024 to 2025

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.

From operations -€2,289
Investment -€346
Financing €0
Cash 2024 €8,083
Net result for the year +€6,955
Depreciation +€1,061
Deferred charges and accrued income -€77
Other debts -€10,228
Investment in fixed assets (net) -€346
Cash 2025 €5,448
brings cash intakes cash out
Every line side by side 23 lines
Line Code 2024 2025 Change %
Total assets 20/58 €9,680 €6,406 -€3,273 -33.8%
Fixed assets 21/28 €1,597 €882 -€715 -44.7%
Intangible fixed assets 21 €1,597 €882 -€715 -44.7%
Current assets 29/58 €8,083 €5,524 -€2,559 -31.7%
Cash at bank and in hand 54/58 €8,083 €5,448 -€2,635 -32.6%
Deferred charges and accrued income 490/1 - €77 +€77
Total equity and liabilities 10/49 €9,680 €6,406 -€3,273 -33.8%
Equity 10/15 -€548 €6,406 +€6,955
Contributions 10/11 €30,000 €30,000 = 0.0%
Profit (loss) carried forward 14 -€30,548 -€23,594 +€6,955 +22.8%
Amounts payable 17/49 €10,228 - -€10,228
Amounts payable within one year 42/48 €10,228 - -€10,228
Other amounts payable 47/48 €10,228 - -€10,228
Non-recurring operating income 76A - €10,228 +€10,228
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,395 €1,061 -€2,334 -68.8%
Other operating charges 640/8 €878 €823 -€55 -6.2%
Gross operating margin 9900 -€1,479 €8,888 +€10,368
Operating profit (loss) 9901 -€5,752 €7,005 +€12,756
Financial charges 65/66B €69 €50 -€19 -27.0%
Recurring financial charges 65 €69 €50 -€19 -27.0%
Profit (loss) for the period before taxes 9903 -€5,820 €6,955 +€12,775
Profit (loss) for the period 9904 -€5,820 €6,955 +€12,775
Profit (loss) for the period to be appropriated 9905 -€5,820 €6,955 +€12,775

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 19 October 2026 via checked.be.