MR MEDNUC: what changed
MR MEDNUC
Largest movements
- Receivables after one year -€119,000
down €119,000 (-88.1%), from €135,000 to €16,000
- Deferred charges and accrued income +€63,647
up €63,647 (+199%), from €32,013 to €95,660
- Current investments +€36,000
up €36,000 (+92.3%), from €39,000 to €75,000
- Cash +€15,607
up €15,607 (+12.5%), from €124,434 to €140,041
mainly Net result for the year (+€149,390) and Receivables after one year (+€119,000)
- Receivables within one year -€10,264
down €10,264 (-19.2%), from €53,508 to €43,244
of which Trade receivables: -€6,595
- Profit (loss) carried forward -€68,610
down €68,610 (-23.2%), from €295,662 to €227,051
- Other debts +€54,008
up €54,008 (+32.9%), from €163,992 to €218,000
- Tax, wage and social debts +€7,369
up €7,369 (+30.6%), from €24,094 to €31,463
of which Taxes: +€4,569
- Trade debts +€7,033
up €7,033 (+293%), from €2,401 to €9,434
- Gross operating margin +€63,749
up €63,749 (+53.0%), from €120,287 to €184,036
- Financial income +€37,431
up €37,431 (+855%), from €4,375 to €41,806
of which Non-recurring financial income: +€39,500
- Taxes +€20,475
up €20,475 (+85.0%), from €24,094 to €44,569
- Depreciation +€13,400
up €13,400 (+76.8%), from €17,450 to €30,851
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €496,148 | €495,948 | -€200 | 0.0% |
| Fixed assets | 21/28 | €112,193 | €126,003 | +€13,810 | +12.3% |
| Intangible fixed assets | 21 | - | €9,780 | +€9,780 | |
| Tangible fixed assets | 22/27 | €112,193 | €116,223 | +€4,030 | +3.6% |
| Plant, machinery and equipment | 23 | €70,620 | €88,991 | +€18,371 | +26.0% |
| Furniture and vehicles | 24 | €41,573 | €27,231 | -€14,342 | -34.5% |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €383,955 | €369,945 | -€14,010 | -3.6% |
| Amounts receivable after more than one year | 29 | €135,000 | €16,000 | -€119,000 | -88.1% |
| Other amounts receivable | 291 | €135,000 | €16,000 | -€119,000 | -88.1% |
| Amounts receivable within one year | 40/41 | €53,508 | €43,244 | -€10,264 | -19.2% |
| Trade receivables | 40 | €6,595 | €0 | -€6,595 | -100% |
| Other amounts receivable | 41 | €46,913 | €43,244 | -€3,669 | -7.8% |
| Current investments | 50/53 | €39,000 | €75,000 | +€36,000 | +92.3% |
| Cash at bank and in hand | 54/58 | €124,434 | €140,041 | +€15,607 | +12.5% |
| Deferred charges and accrued income | 490/1 | €32,013 | €95,660 | +€63,647 | +199% |
| Total equity and liabilities | 10/49 | €496,148 | €495,948 | -€200 | 0.0% |
| Equity | 10/15 | €305,662 | €237,051 | -€68,610 | -22.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,662 | €227,051 | -€68,610 | -23.2% |
| Amounts payable | 17/49 | €190,487 | €258,897 | +€68,410 | +35.9% |
| Amounts payable within one year | 42/48 | €190,487 | €258,897 | +€68,410 | +35.9% |
| Trade debts | 44 | €2,401 | €9,434 | +€7,033 | +293% |
| Suppliers | 440/4 | €2,401 | €9,434 | +€7,033 | +293% |
| Taxes, remuneration and social security | 45 | €24,094 | €31,463 | +€7,369 | +30.6% |
| Taxes | 450/3 | €24,094 | €28,663 | +€4,569 | +19.0% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €163,992 | €218,000 | +€54,008 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,450 | €30,851 | +€13,400 | +76.8% |
| Other operating charges | 640/8 | €1,040 | €944 | -€96 | -9.2% |
| Gross operating margin | 9900 | €120,287 | €184,036 | +€63,749 | +53.0% |
| Operating profit (loss) | 9901 | €101,797 | €152,242 | +€50,444 | +49.6% |
| Financial income | 75/76B | €4,375 | €41,806 | +€37,431 | +855% |
| Recurring financial income | 75 | €4,375 | €2,306 | -€2,069 | -47.3% |
| Non-recurring financial income | 76B | - | €39,500 | +€39,500 | |
| Financial charges | 65/66B | €60 | €89 | +€29 | +48.7% |
| Recurring financial charges | 65 | €60 | €89 | +€29 | +48.7% |
| Profit (loss) for the period before taxes | 9903 | €106,113 | €193,959 | +€87,846 | +82.8% |
| Income taxes | 67/77 | €24,094 | €44,569 | +€20,475 | +85.0% |
| Profit (loss) for the period | 9904 | €82,019 | €149,390 | +€67,371 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €82,019 | €149,390 | +€67,371 | +82.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.