Medwaz: 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.
Medwaz
Largest movements
- Receivables within one year -€372,490
down €372,490 (-92.9%), from €401,005 to €28,515
- Tangible fixed assets +€66,099
new in 2025: €66,099
- Cash -€60,461
down €60,461 (-17.4%), from €347,438 to €286,977
mainly Contributions, distributions and other (-€620,485) and Tax, wage and social debts (-€83,290)
- Profit (loss) carried forward -€479,317
no longer reported in 2025 (was €479,317)
- Other debts +€195,756
up €195,756 (+107.7%), from €181,836 to €377,592
- Tax, wage and social debts -€83,290
no longer reported in 2025 (was €83,290)
- Financial income -€19,999
no longer reported in 2025 (was €19,999)
- Taxes -€13,955
down €13,955 (-24.9%), from €55,982 to €42,028
- Depreciation +€9,345
new in 2025: €9,345
- Gross operating margin +€7,505
up €7,505 (+4.1%), from €185,202 to €192,707
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.
Cash bridge derived
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 | €748,444 | €381,592 | -€366,852 | -49.0% |
| Fixed assets | 21/28 | - | €66,099 | +€66,099 | |
| Tangible fixed assets | 22/27 | - | €66,099 | +€66,099 | |
| Furniture and vehicles | 24 | - | €66,099 | +€66,099 | |
| Current assets | 29/58 | €748,444 | €315,493 | -€432,951 | -57.8% |
| Amounts receivable within one year | 40/41 | €401,005 | €28,515 | -€372,490 | -92.9% |
| Other amounts receivable | 41 | €401,005 | €28,515 | -€372,490 | -92.9% |
| Cash at bank and in hand | 54/58 | €347,438 | €286,977 | -€60,461 | -17.4% |
| Total equity and liabilities | 10/49 | €748,444 | €381,592 | -€366,852 | -49.0% |
| Equity | 10/15 | €483,317 | €4,000 | -€479,317 | -99.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Capital | 10 | €4,000 | €4,000 | = | 0.0% |
| Issued capital | 100 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €479,317 | - | -€479,317 | |
| Amounts payable | 17/49 | €265,127 | €377,592 | +€112,466 | +42.4% |
| Amounts payable within one year | 42/48 | €265,127 | €377,592 | +€112,466 | +42.4% |
| Taxes, remuneration and social security | 45 | €83,290 | - | -€83,290 | |
| Taxes | 450/3 | €83,290 | - | -€83,290 | |
| Other amounts payable | 47/48 | €181,836 | €377,592 | +€195,756 | +107.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,345 | +€9,345 | |
| Other operating charges | 640/8 | €184 | - | -€184 | |
| Gross operating margin | 9900 | €185,202 | €192,707 | +€7,505 | +4.1% |
| Operating profit (loss) | 9901 | €185,018 | €183,362 | -€1,657 | -0.9% |
| Financial income | 75/76B | €19,999 | - | -€19,999 | |
| Recurring financial income | 75 | €19,999 | - | -€19,999 | |
| Financial charges | 65/66B | €144 | €167 | +€23 | +15.7% |
| Recurring financial charges | 65 | €144 | €167 | +€23 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €204,874 | €183,195 | -€21,679 | -10.6% |
| Income taxes | 67/77 | €55,982 | €42,028 | -€13,955 | -24.9% |
| Profit (loss) for the period | 9904 | €148,891 | €141,167 | -€7,724 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €148,891 | €141,167 | -€7,724 | -5.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.