MEDYS: 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.
MEDYS
Largest movements
- Tangible fixed assets +€108,327
up €108,327 (+1,580%), from €6,856 to €115,183
of which Furniture and vehicles: +€106,712
- Receivables within one year -€57,342
down €57,342 (-13.9%), from €412,633 to €355,291
of which Other amounts receivable: -€67,661
- Cash -€19,231
down €19,231 (-15.8%), from €122,073 to €102,842
mainly Investment in fixed assets (net) (-€115,533) and Other debts (-€105,289)
- Deferred charges and accrued income +€10,063
new in 2025: €10,063
- Reserves +€106,500
up €106,500 (+23.1%), from €460,500 to €567,000
- Other debts -€105,289
down €105,289 (-82.2%), from €128,056 to €22,766
- Debts after one year +€35,592
new in 2025: €35,592
- Trade debts -€25,868
down €25,868 (-29.1%), from €88,764 to €62,896
- Current portion of long-term debt +€19,592
new in 2025: €19,592
- Gross operating margin -€107,531
down €107,531 (-30.5%), from €352,754 to €245,224
- Taxes -€32,038
down €32,038 (-42.3%), from €75,688 to €43,650
- Financial charges -€16,706
down €16,706 (-55.4%), from €30,166 to €13,460
- Staff costs +€7,945
up €7,945 (+12.4%), from €64,194 to €72,139
- Financial income -€6,638
down €6,638 (-64.2%), from €10,345 to €3,707
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.
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 | €734,875 | €774,225 | +€39,351 | +5.4% |
| Fixed assets | 21/28 | €29,776 | €135,583 | +€105,807 | +355% |
| Tangible fixed assets | 22/27 | €6,856 | €115,183 | +€108,327 | +1,580% |
| Plant, machinery and equipment | 23 | - | €1,615 | +€1,615 | |
| Furniture and vehicles | 24 | €6,856 | €113,568 | +€106,712 | +1,556% |
| Financial fixed assets | 28 | €22,920 | €20,400 | -€2,520 | -11.0% |
| Current assets | 29/58 | €705,098 | €638,642 | -€66,456 | -9.4% |
| Stocks and contracts in progress | 3 | €170,392 | €170,446 | +€54 | 0.0% |
| Stocks | 30/36 | €170,392 | €170,446 | +€54 | 0.0% |
| Amounts receivable within one year | 40/41 | €412,633 | €355,291 | -€57,342 | -13.9% |
| Trade receivables | 40 | €154,972 | €165,291 | +€10,319 | +6.7% |
| Other amounts receivable | 41 | €257,661 | €190,000 | -€67,661 | -26.3% |
| Cash at bank and in hand | 54/58 | €122,073 | €102,842 | -€19,231 | -15.8% |
| Deferred charges and accrued income | 490/1 | - | €10,063 | +€10,063 | |
| Total equity and liabilities | 10/49 | €734,875 | €774,225 | +€39,351 | +5.4% |
| Equity | 10/15 | €480,413 | €587,278 | +€106,865 | +22.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €460,500 | €567,000 | +€106,500 | +23.1% |
| Distributable reserves | 133 | €460,500 | €567,000 | +€106,500 | +23.1% |
| Profit (loss) carried forward | 14 | €1,313 | €1,678 | +€365 | +27.8% |
| Amounts payable | 17/49 | €254,462 | €186,947 | -€67,515 | -26.5% |
| Amounts payable after more than one year | 17 | - | €35,592 | +€35,592 | |
| Financial debts | 170/4 | - | €35,592 | +€35,592 | |
| Amounts payable within one year | 42/48 | €240,210 | €142,555 | -€97,655 | -40.7% |
| Current portion of amounts payable after more than one year | 42 | - | €19,592 | +€19,592 | |
| Financial debts | 43 | €10,163 | €10,141 | -€22 | -0.2% |
| Credit institutions | 430/8 | €10,163 | €10,141 | -€22 | -0.2% |
| Trade debts | 44 | €88,764 | €62,896 | -€25,868 | -29.1% |
| Suppliers | 440/4 | €88,764 | €62,896 | -€25,868 | -29.1% |
| Taxes, remuneration and social security | 45 | €13,227 | €27,159 | +€13,932 | +105% |
| Taxes | 450/3 | €5,350 | €19,000 | +€13,650 | +255% |
| Remuneration and social security | 454/9 | €7,877 | €8,159 | +€282 | +3.6% |
| Other amounts payable | 47/48 | €128,056 | €22,766 | -€105,289 | -82.2% |
| Accrued charges and deferred income | 492/3 | €14,252 | €8,800 | -€5,452 | -38.3% |
| Remuneration, social security and pensions | 62 | €64,194 | €72,139 | +€7,945 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,324 | €9,726 | -€6,598 | -40.4% |
| Other operating charges | 640/8 | €3,140 | €3,090 | -€50 | -1.6% |
| Gross operating margin | 9900 | €352,754 | €245,224 | -€107,531 | -30.5% |
| Operating profit (loss) | 9901 | €269,097 | €160,269 | -€108,828 | -40.4% |
| Financial income | 75/76B | €10,345 | €3,707 | -€6,638 | -64.2% |
| Recurring financial income | 75 | €10,345 | €3,707 | -€6,638 | -64.2% |
| Financial charges | 65/66B | €30,166 | €13,460 | -€16,706 | -55.4% |
| Recurring financial charges | 65 | €30,166 | €13,460 | -€16,706 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | €249,276 | €150,515 | -€98,760 | -39.6% |
| Income taxes | 67/77 | €75,688 | €43,650 | -€32,038 | -42.3% |
| Profit (loss) for the period | 9904 | €173,588 | €106,865 | -€66,722 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €173,588 | €106,865 | -€66,722 | -38.4% |
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 14 October 2026 via checked.be.