MVDK MEDIC: 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.
MVDK MEDIC
Largest movements
- Cash -€182,368
down €182,368 (-47.1%), from €387,337 to €204,969
mainly Contributions, distributions and other (-€389,845) and Investment in fixed assets (net) (-€146,876)
- Tangible fixed assets +€129,077
up €129,077 (+13026.2%), from €991 to €130,068
of which Furniture and vehicles: +€119,866
- Receivables after one year -€92,000
no longer reported in 2025 (was €92,000)
- Tax, wage and social debts -€109,320
down €109,320 (-92.2%), from €118,614 to €9,294
- Reserves -€102,295
down €102,295 (-26.2%), from €389,845 to €287,550
- Debts after one year +€51,008
new in 2025: €51,008
- Current portion of long-term debt +€19,464
new in 2025: €19,464
- Other debts -€9,201
down €9,201 (-34.6%), from €26,585 to €17,384
- Gross operating margin +€120,745
up €120,745 (+42.7%), from €282,471 to €403,215
- Taxes +€24,638
up €24,638 (+35.5%), from €69,497 to €94,136
- Depreciation +€17,562
up €17,562 (+1455.5%), from €1,207 to €18,768
- Financial income -€4,124
down €4,124 (-80.1%), from €5,152 to €1,028
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 | €540,266 | €397,536 | -€142,730 | -26.4% |
| Formation expenses | 20 | €2,641 | €1,672 | -€969 | -36.7% |
| Fixed assets | 21/28 | €52,729 | €181,806 | +€129,077 | +244.8% |
| Tangible fixed assets | 22/27 | €991 | €130,068 | +€129,077 | +13026.2% |
| Plant, machinery and equipment | 23 | €991 | €2,158 | +€1,168 | +117.8% |
| Furniture and vehicles | 24 | - | €119,866 | +€119,866 | |
| Other tangible fixed assets | 26 | - | €8,043 | +€8,043 | |
| Financial fixed assets | 28 | €51,738 | €51,738 | = | 0.0% |
| Current assets | 29/58 | €484,896 | €214,059 | -€270,837 | -55.9% |
| Amounts receivable after more than one year | 29 | €92,000 | - | -€92,000 | |
| Other amounts receivable | 291 | €92,000 | - | -€92,000 | |
| Cash at bank and in hand | 54/58 | €387,337 | €204,969 | -€182,368 | -47.1% |
| Deferred charges and accrued income | 490/1 | €5,559 | €9,089 | +€3,530 | +63.5% |
| Total equity and liabilities | 10/49 | €540,266 | €397,536 | -€142,730 | -26.4% |
| Equity | 10/15 | €394,845 | €292,550 | -€102,295 | -25.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €389,845 | €287,550 | -€102,295 | -26.2% |
| Distributable reserves | 133 | €389,845 | €287,550 | -€102,295 | -26.2% |
| Amounts payable | 17/49 | €145,421 | €104,986 | -€40,434 | -27.8% |
| Amounts payable after more than one year | 17 | - | €51,008 | +€51,008 | |
| Financial debts | 170/4 | - | €51,008 | +€51,008 | |
| Amounts payable within one year | 42/48 | €145,368 | €52,836 | -€92,532 | -63.7% |
| Current portion of amounts payable after more than one year | 42 | - | €19,464 | +€19,464 | |
| Trade debts | 44 | €170 | €6,694 | +€6,524 | +3845.3% |
| Suppliers | 440/4 | €170 | €6,694 | +€6,524 | +3845.3% |
| Taxes, remuneration and social security | 45 | €118,614 | €9,294 | -€109,320 | -92.2% |
| Taxes | 450/3 | €118,614 | €9,294 | -€109,320 | -92.2% |
| Other amounts payable | 47/48 | €26,585 | €17,384 | -€9,201 | -34.6% |
| Accrued charges and deferred income | 492/3 | €53 | €1,142 | +€1,090 | +2073.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,207 | €18,768 | +€17,562 | +1455.5% |
| Other operating charges | 640/8 | - | €967 | +€967 | |
| Gross operating margin | 9900 | €282,471 | €403,215 | +€120,745 | +42.7% |
| Operating profit (loss) | 9901 | €281,264 | €383,480 | +€102,216 | +36.3% |
| Financial income | 75/76B | €5,152 | €1,028 | -€4,124 | -80.1% |
| Recurring financial income | 75 | €5,152 | €1,028 | -€4,124 | -80.1% |
| Financial charges | 65/66B | €44 | €2,822 | +€2,779 | +6386.7% |
| Recurring financial charges | 65 | €44 | €2,822 | +€2,779 | +6386.7% |
| Profit (loss) for the period before taxes | 9903 | €286,372 | €381,685 | +€95,313 | +33.3% |
| Income taxes | 67/77 | €69,497 | €94,136 | +€24,638 | +35.5% |
| Profit (loss) for the period | 9904 | €216,875 | €287,550 | +€70,675 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €216,875 | €287,550 | +€70,675 | +32.6% |
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 12 October 2026 via checked.be.