PB 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.
PB MEDIC
Largest movements
- Cash +€69,863
up €69,863 (+57.1%), from €122,260 to €192,123
mainly Other debts (+€196,875) and Net result for the year (+€70,337)
- Receivables within one year +€13,717
up €13,717 (+41.7%), from €32,898 to €46,615
of which Other amounts receivable: +€10,306
- Current investments -€11,999
down €11,999 (-57.1%), from €21,000 to €9,001
- Financial fixed assets -€2,893
down €2,893 (-19.8%), from €14,580 to €11,687
- Other debts +€196,875
new in 2025: €196,875
- Profit (loss) carried forward -€126,538
down €126,538 (-91.7%), from €138,045 to €11,507
- Financial charges +€21,117
up €21,117 (+1,260%), from €1,676 to €22,793
- Taxes -€1,220
down €1,220 (-5.0%), from €24,562 to €23,342
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.
Derived cash bridge
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 | €195,942 | €263,567 | +€67,625 | +34.5% |
| Fixed assets | 21/28 | €18,105 | €14,417 | -€3,688 | -20.4% |
| Tangible fixed assets | 22/27 | €3,525 | €2,730 | -€795 | -22.6% |
| Furniture and vehicles | 24 | €3,525 | €2,730 | -€795 | -22.6% |
| Financial fixed assets | 28 | €14,580 | €11,687 | -€2,893 | -19.8% |
| Current assets | 29/58 | €177,837 | €249,150 | +€71,313 | +40.1% |
| Amounts receivable within one year | 40/41 | €32,898 | €46,615 | +€13,717 | +41.7% |
| Trade receivables | 40 | €2,461 | €5,872 | +€3,411 | +139% |
| Other amounts receivable | 41 | €30,437 | €40,743 | +€10,306 | +33.9% |
| Current investments | 50/53 | €21,000 | €9,001 | -€11,999 | -57.1% |
| Cash at bank and in hand | 54/58 | €122,260 | €192,123 | +€69,863 | +57.1% |
| Deferred charges and accrued income | 490/1 | €1,679 | €1,411 | -€268 | -16.0% |
| Total equity and liabilities | 10/49 | €195,942 | €263,567 | +€67,625 | +34.5% |
| Equity | 10/15 | €193,045 | €66,507 | -€126,538 | -65.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €50,000 | +€50,000 | |
| Reserves not available under the articles | 1311 | - | €50,000 | +€50,000 | |
| Distributable reserves | 133 | €50,000 | - | -€50,000 | |
| Profit (loss) carried forward | 14 | €138,045 | €11,507 | -€126,538 | -91.7% |
| Amounts payable | 17/49 | €2,897 | €197,060 | +€194,163 | +6,702% |
| Amounts payable within one year | 42/48 | €2,897 | €197,060 | +€194,163 | +6,702% |
| Trade debts | 44 | €397 | €185 | -€212 | -53.4% |
| Suppliers | 440/4 | €397 | €185 | -€212 | -53.4% |
| Taxes, remuneration and social security | 45 | €2,500 | - | -€2,500 | |
| Taxes | 450/3 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | - | €196,875 | +€196,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,554 | €1,898 | +€344 | +22.1% |
| Other operating charges | 640/8 | €694 | €1,649 | +€955 | +138% |
| Gross operating margin | 9900 | €119,115 | €119,007 | -€108 | -0.1% |
| Operating profit (loss) | 9901 | €116,867 | €115,460 | -€1,407 | -1.2% |
| Financial income | 75/76B | €212 | €1,012 | +€800 | +377% |
| Recurring financial income | 75 | €212 | €1,012 | +€800 | +377% |
| Financial charges | 65/66B | €1,676 | €22,793 | +€21,117 | +1,260% |
| Recurring financial charges | 65 | €1,676 | €22,793 | +€21,117 | +1,260% |
| Profit (loss) for the period before taxes | 9903 | €115,403 | €93,679 | -€21,724 | -18.8% |
| Income taxes | 67/77 | €24,562 | €23,342 | -€1,220 | -5.0% |
| Profit (loss) for the period | 9904 | €90,841 | €70,337 | -€20,504 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,841 | €70,337 | -€20,504 | -22.6% |
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 14 October 2026 via checked.be.