MRCMED: 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.
MRCMED
Largest movements
- Cash +€130,241
up €130,241 (+4660.5%), from €2,795 to €133,036
mainly Net result for the year (+€139,376) and Tax, wage and social debts (+€22,044)
- Deferred charges and accrued income +€3,634
up €3,634 (+5.3%), from €68,111 to €71,745
- Profit (loss) carried forward +€110,804
up €110,804 (+268.4%), from €41,290 to €152,095
- Tax, wage and social debts +€22,044
up €22,044 (+202.1%), from €10,908 to €32,952
- Other debts +€5,297
up €5,297 (+35.8%), from €14,800 to €20,096
- Debts after one year -€5,150
down €5,150 (-35.2%), from €14,630 to €9,480
- Gross operating margin +€133,499
up €133,499 (+248.5%), from €53,731 to €187,230
- Taxes +€31,373
up €31,373 (+287.6%), from €10,908 to €42,280
- Depreciation +€3,722
up €3,722 (+436.6%), from €852 to €4,574
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 | €90,053 | €222,887 | +€132,833 | +147.5% |
| Fixed assets | 21/28 | €19,148 | €18,105 | -€1,042 | -5.4% |
| Tangible fixed assets | 22/27 | €19,148 | €18,105 | -€1,042 | -5.4% |
| Plant, machinery and equipment | 23 | - | €1,428 | +€1,428 | |
| Furniture and vehicles | 24 | €19,148 | €16,677 | -€2,471 | -12.9% |
| Current assets | 29/58 | €70,906 | €204,782 | +€133,876 | +188.8% |
| Cash at bank and in hand | 54/58 | €2,795 | €133,036 | +€130,241 | +4660.5% |
| Deferred charges and accrued income | 490/1 | €68,111 | €71,745 | +€3,634 | +5.3% |
| Total equity and liabilities | 10/49 | €90,053 | €222,887 | +€132,833 | +147.5% |
| Equity | 10/15 | €43,790 | €154,595 | +€110,804 | +253.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,290 | €152,095 | +€110,804 | +268.4% |
| Amounts payable | 17/49 | €46,263 | €68,292 | +€22,029 | +47.6% |
| Amounts payable after more than one year | 17 | €14,630 | €9,480 | -€5,150 | -35.2% |
| Financial debts | 170/4 | €14,630 | €9,480 | -€5,150 | -35.2% |
| Amounts payable within one year | 42/48 | €31,413 | €58,812 | +€27,399 | +87.2% |
| Current portion of amounts payable after more than one year | 42 | €4,965 | €5,150 | +€185 | +3.7% |
| Trade debts | 44 | €741 | €614 | -€126 | -17.1% |
| Suppliers | 440/4 | €741 | €614 | -€126 | -17.1% |
| Taxes, remuneration and social security | 45 | €10,908 | €32,952 | +€22,044 | +202.1% |
| Taxes | 450/3 | €10,908 | €32,952 | +€22,044 | +202.1% |
| Other amounts payable | 47/48 | €14,800 | €20,096 | +€5,297 | +35.8% |
| Accrued charges and deferred income | 492/3 | €220 | - | -€220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €4,574 | +€3,722 | +436.6% |
| Other operating charges | 640/8 | €545 | €296 | -€249 | -45.6% |
| Gross operating margin | 9900 | €53,731 | €187,230 | +€133,499 | +248.5% |
| Operating profit (loss) | 9901 | €52,334 | €182,360 | +€130,025 | +248.5% |
| Financial charges | 65/66B | €136 | €703 | +€567 | +416.5% |
| Recurring financial charges | 65 | €136 | €703 | +€567 | +416.5% |
| Profit (loss) for the period before taxes | 9903 | €52,198 | €181,656 | +€129,458 | +248.0% |
| Income taxes | 67/77 | €10,908 | €42,280 | +€31,373 | +287.6% |
| Profit (loss) for the period | 9904 | €41,290 | €139,376 | +€98,086 | +237.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,290 | €139,376 | +€98,086 | +237.6% |
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 1 October 2026 via checked.be.