MV MEDECINE: 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.
MV MEDECINE
Largest movements
- Receivables within one year +€14,266
up €14,266 (+23.7%), from €60,186 to €74,452
- Deferred charges and accrued income -€6,029
down €6,029 (-38.1%), from €15,807 to €9,777
- Cash +€2,288
up €2,288 (+6.0%), from €38,399 to €40,687
mainly Net result for the year (+€12,522) and Deferred charges and accrued income (+€6,029)
- Reserves +€12,522
up €12,522 (+8.9%), from €141,240 to €153,762
of which Distributable reserves: +€12,522
- Tax, wage and social debts -€1,867
down €1,867 (-27.8%), from €6,721 to €4,854
of which Taxes: -€1,255
- Staff costs -€1,116
down €1,116 (-5.4%), from €20,620 to €19,504
- Depreciation +€1,081
up €1,081 (+81.1%), from €1,334 to €2,415
- Financial income +€1,066
up €1,066 (+25.6%), from €4,164 to €5,231
- Gross operating margin -€1,049
down €1,049 (-2.2%), from €48,134 to €47,085
- Taxes -€558
down €558 (-5.4%), from €10,292 to €9,734
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,233 | €171,926 | +€10,693 | +6.6% |
| Fixed assets | 21/28 | €4,140 | €4,309 | +€169 | +4.1% |
| Tangible fixed assets | 22/27 | €4,140 | €4,309 | +€169 | +4.1% |
| Plant, machinery and equipment | 23 | €1,999 | €1,104 | -€894 | -44.7% |
| Furniture and vehicles | 24 | €2,142 | €3,205 | +€1,063 | +49.6% |
| Current assets | 29/58 | €157,092 | €167,617 | +€10,524 | +6.7% |
| Amounts receivable after more than one year | 29 | €42,700 | €42,700 | = | 0.0% |
| Other amounts receivable | 291 | €42,700 | €42,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,186 | €74,452 | +€14,266 | +23.7% |
| Other amounts receivable | 41 | €60,186 | €74,452 | +€14,266 | +23.7% |
| Cash at bank and in hand | 54/58 | €38,399 | €40,687 | +€2,288 | +6.0% |
| Deferred charges and accrued income | 490/1 | €15,807 | €9,777 | -€6,029 | -38.1% |
| Total equity and liabilities | 10/49 | €161,233 | €171,926 | +€10,693 | +6.6% |
| Equity | 10/15 | €153,640 | €166,162 | +€12,522 | +8.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €141,240 | €153,762 | +€12,522 | +8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €139,380 | €151,902 | +€12,522 | +9.0% |
| Amounts payable | 17/49 | €7,593 | €5,763 | -€1,829 | -24.1% |
| Amounts payable within one year | 42/48 | €7,593 | €5,763 | -€1,829 | -24.1% |
| Trade debts | 44 | €871 | €909 | +€38 | +4.3% |
| Suppliers | 440/4 | €871 | €909 | +€38 | +4.3% |
| Taxes, remuneration and social security | 45 | €6,721 | €4,854 | -€1,867 | -27.8% |
| Taxes | 450/3 | €3,281 | €2,026 | -€1,255 | -38.2% |
| Remuneration and social security | 454/9 | €3,440 | €2,828 | -€612 | -17.8% |
| Remuneration, social security and pensions | 62 | €20,620 | €19,504 | -€1,116 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,334 | €2,415 | +€1,081 | +81.1% |
| Other operating charges | 640/8 | €542 | - | -€542 | |
| Non-recurring operating charges | 66A | - | €7,785 | +€7,785 | |
| Gross operating margin | 9900 | €48,134 | €47,085 | -€1,049 | -2.2% |
| Operating profit (loss) | 9901 | €25,638 | €17,380 | -€8,258 | -32.2% |
| Financial income | 75/76B | €4,164 | €5,231 | +€1,066 | +25.6% |
| Recurring financial income | 75 | €4,164 | €5,231 | +€1,066 | +25.6% |
| Financial charges | 65/66B | €457 | €354 | -€103 | -22.5% |
| Recurring financial charges | 65 | €457 | €354 | -€103 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €29,345 | €22,256 | -€7,089 | -24.2% |
| Income taxes | 67/77 | €10,292 | €9,734 | -€558 | -5.4% |
| Profit (loss) for the period | 9904 | €19,053 | €12,522 | -€6,531 | -34.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,053 | €12,522 | -€6,531 | -34.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.