MODULE SANTE: 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.
MODULE SANTE
Largest movements
- Cash +€24,162
up €24,162 (+101.7%), from €23,764 to €47,925
mainly Short-term financial debts (+€53,307) and Tax, wage and social debts (+€1,848)
- Receivables within one year +€15,933
up €15,933 (+36.8%), from €43,317 to €59,249
of which Trade receivables: +€16,993
- Short-term financial debts +€53,307
new in 2025: €53,307
- Other debts -€9,332
down €9,332 (-14.3%), from €65,304 to €55,972
- Profit (loss) carried forward -€8,018
down €8,018 (-90.4%), from -€8,873 to -€16,891
- Tax, wage and social debts +€1,848
up €1,848 (+29.6%), from €6,237 to €8,085
of which Taxes: +€1,702
- Turnover -€16,030
down €16,030 (-7.4%), from €217,769 to €201,739
- Purchases and services -€9,878
down €9,878 (-5.4%), from €182,432 to €172,554
- Gross operating margin -€5,143
down €5,143 (-12.4%), from €41,534 to €36,390
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 | €85,707 | €124,731 | +€39,024 | +45.5% |
| Fixed assets | 21/28 | €1,899 | €1,088 | -€811 | -42.7% |
| Tangible fixed assets | 22/27 | €1,839 | €1,029 | -€811 | -44.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,839 | €1,029 | -€811 | -44.1% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €83,808 | €123,643 | +€39,835 | +47.5% |
| Stocks and contracts in progress | 3 | €15,313 | €14,610 | -€704 | -4.6% |
| Stocks | 30/36 | €15,313 | €14,610 | -€704 | -4.6% |
| Amounts receivable within one year | 40/41 | €43,317 | €59,249 | +€15,933 | +36.8% |
| Trade receivables | 40 | €42,167 | €59,160 | +€16,993 | +40.3% |
| Other amounts receivable | 41 | €1,150 | €90 | -€1,060 | -92.2% |
| Cash at bank and in hand | 54/58 | €23,764 | €47,925 | +€24,162 | +101.7% |
| Deferred charges and accrued income | 490/1 | €1,415 | €1,859 | +€444 | +31.4% |
| Total equity and liabilities | 10/49 | €85,707 | €124,731 | +€39,024 | +45.5% |
| Equity | 10/15 | €11,579 | €3,562 | -€8,018 | -69.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,873 | -€16,891 | -€8,018 | -90.4% |
| Amounts payable | 17/49 | €74,128 | €121,170 | +€47,042 | +63.5% |
| Amounts payable within one year | 42/48 | €74,128 | €121,170 | +€47,042 | +63.5% |
| Financial debts | 43 | - | €53,307 | +€53,307 | |
| Credit institutions | 430/8 | - | €53,307 | +€53,307 | |
| Trade debts | 44 | €2,587 | €3,806 | +€1,219 | +47.1% |
| Suppliers | 440/4 | €2,587 | €3,806 | +€1,219 | +47.1% |
| Taxes, remuneration and social security | 45 | €6,237 | €8,085 | +€1,848 | +29.6% |
| Taxes | 450/3 | €322 | €2,024 | +€1,702 | +528.2% |
| Remuneration and social security | 454/9 | €5,915 | €6,061 | +€146 | +2.5% |
| Other amounts payable | 47/48 | €65,304 | €55,972 | -€9,332 | -14.3% |
| Turnover | 70 | €217,769 | €201,739 | -€16,030 | -7.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €182,432 | €172,554 | -€9,878 | -5.4% |
| Remuneration, social security and pensions | 62 | €41,022 | €42,630 | +€1,608 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €489 | €811 | +€321 | +65.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€135 | - | +€135 | |
| Other operating charges | 640/8 | €899 | €667 | -€232 | -25.8% |
| Gross operating margin | 9900 | €41,534 | €36,390 | -€5,143 | -12.4% |
| Operating profit (loss) | 9901 | -€742 | -€7,717 | -€6,975 | -940.6% |
| Financial income | 75/76B | €352 | €216 | -€136 | -38.6% |
| Recurring financial income | 75 | €352 | €216 | -€136 | -38.6% |
| Financial charges | 65/66B | €1,583 | €517 | -€1,066 | -67.3% |
| Recurring financial charges | 65 | €1,583 | €517 | -€1,066 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,972 | -€8,018 | -€6,045 | -306.5% |
| Profit (loss) for the period | 9904 | -€1,972 | -€8,018 | -€6,045 | -306.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,972 | -€8,018 | -€6,045 | -306.5% |
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 8 October 2026 via checked.be.