MEDX: 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.
MEDX
Largest movements
- Cash +€11,320
up €11,320 (+26215.3%), from €43 to €11,363
mainly Debts after one year (+€16,941) and Net result for the year (+€2,684)
- Receivables within one year +€5,205
up €5,205 (+1215.6%), from €428 to €5,633
of which Trade receivables: +€4,046
- Tangible fixed assets +€3,791
new in 2022: €3,791
- Debts after one year +€16,941
up €16,941 (+16.7%), from €101,615 to €118,556
- Profit (loss) carried forward +€2,684
up €2,684 (+1.6%), from -€168,793 to -€166,109
- Trade debts +€690
new in 2022: €690
- Gross operating margin -€12,662
down €12,662 (-72.6%), from €17,451 to €4,789
- Depreciation +€1,551
new in 2022: €1,551
- Other operating charges +€348
new in 2022: €348
- Financial charges +€207
new in 2022: €207
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €471 | €20,787 | +€20,315 | +4309.8% |
| Fixed assets | 21/28 | - | €3,791 | +€3,791 | |
| Tangible fixed assets | 22/27 | - | €3,791 | +€3,791 | |
| Furniture and vehicles | 24 | - | €3,791 | +€3,791 | |
| Current assets | 29/58 | €471 | €16,996 | +€16,525 | +3505.7% |
| Amounts receivable within one year | 40/41 | €428 | €5,633 | +€5,205 | +1215.6% |
| Trade receivables | 40 | - | €4,046 | +€4,046 | |
| Other amounts receivable | 41 | - | €1,587 | +€1,587 | |
| Cash at bank and in hand | 54/58 | €43 | €11,363 | +€11,320 | +26215.3% |
| Total equity and liabilities | 10/49 | €471 | €20,787 | +€20,315 | +4309.8% |
| Equity | 10/15 | -€101,143 | -€98,459 | +€2,684 | +2.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | - | €61,500 | +€61,500 | |
| Issued capital | 100 | - | €61,500 | +€61,500 | |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €6,150 | +€6,150 | |
| Legal reserve | 130 | - | €6,150 | +€6,150 | |
| Profit (loss) carried forward | 14 | -€168,793 | -€166,109 | +€2,684 | +1.6% |
| Amounts payable | 17/49 | €101,615 | €119,246 | +€17,631 | +17.4% |
| Amounts payable after more than one year | 17 | €101,615 | €118,556 | +€16,941 | +16.7% |
| Other amounts payable | 178/9 | - | €118,556 | +€118,556 | |
| Amounts payable within one year | 42/48 | - | €690 | +€690 | |
| Trade debts | 44 | - | €690 | +€690 | |
| Suppliers | 440/4 | - | €690 | +€690 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,551 | +€1,551 | |
| Other operating charges | 640/8 | - | €348 | +€348 | |
| Gross operating margin | 9900 | €17,451 | €4,789 | -€12,662 | -72.6% |
| Operating profit (loss) | 9901 | €17,451 | €2,891 | -€14,560 | -83.4% |
| Financial charges | 65/66B | - | €207 | +€207 | |
| Recurring financial charges | 65 | €198 | €207 | +€9 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €17,253 | €2,684 | -€14,569 | -84.4% |
| Profit (loss) for the period | 9904 | €17,253 | €2,684 | -€14,569 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,253 | €2,684 | -€14,569 | -84.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.