PEDIATRIE MARECHAL: 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.
PEDIATRIE MARECHAL
Largest movements
- Receivables within one year +€19,897
up €19,897 (+52.2%), from €38,147 to €58,044
of which Trade receivables: +€15,204
- Current investments -€14,871
down €14,871 (-94.7%), from €15,706 to €836
- Tangible fixed assets -€8,662
down €8,662 (-30.9%), from €28,016 to €19,354
of which Plant, machinery and equipment: -€4,420
- Cash -€3,560
down €3,560 (-100.0%), from €3,561 to €2
mainly Contributions, distributions and other (-€38,450) and Other debts (-€38,185)
- Deferred charges and accrued income +€1,846
up €1,846 (+8.1%), from €22,670 to €24,516
- Other debts -€38,185
down €38,185 (-49.8%), from €76,635 to €38,450
- Profit (loss) carried forward +€31,095
no longer reported in 2025 (was -€31,095)
- Tax, wage and social debts +€15,629
up €15,629 (+282%), from €5,533 to €21,163
of which Taxes: +€10,640
- Reserves -€14,080
down €14,080 (-36.2%), from €38,941 to €24,862
- Short-term financial debts +€1,906
new in 2025: €1,906
- Financial charges -€73,004
down €73,004 (-98.8%), from €73,891 to €888
- Gross operating margin +€32,352
up €32,352 (+33.7%), from €96,085 to €128,436
- Taxes +€19,627
up €19,627 (+1,925%), from €1,019 to €20,646
- Financial income +€3,732
up €3,732 (+470%), from €794 to €4,526
- Depreciation +€1,645
up €1,645 (+21.0%), from €7,831 to €9,476
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 | €108,126 | €102,776 | -€5,350 | -4.9% |
| Fixed assets | 21/28 | €28,041 | €19,379 | -€8,662 | -30.9% |
| Tangible fixed assets | 22/27 | €28,016 | €19,354 | -€8,662 | -30.9% |
| Plant, machinery and equipment | 23 | €11,202 | €6,782 | -€4,420 | -39.5% |
| Furniture and vehicles | 24 | €9,814 | €5,572 | -€4,242 | -43.2% |
| Other tangible fixed assets | 26 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €80,085 | €83,397 | +€3,312 | +4.1% |
| Amounts receivable within one year | 40/41 | €38,147 | €58,044 | +€19,897 | +52.2% |
| Trade receivables | 40 | €26,928 | €42,132 | +€15,204 | +56.5% |
| Other amounts receivable | 41 | €11,219 | €15,912 | +€4,693 | +41.8% |
| Current investments | 50/53 | €15,706 | €836 | -€14,871 | -94.7% |
| Cash at bank and in hand | 54/58 | €3,561 | €2 | -€3,560 | -100.0% |
| Deferred charges and accrued income | 490/1 | €22,670 | €24,516 | +€1,846 | +8.1% |
| Total equity and liabilities | 10/49 | €108,126 | €102,776 | -€5,350 | -4.9% |
| Equity | 10/15 | €20,247 | €37,262 | +€17,015 | +84.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €38,941 | €24,862 | -€14,080 | -36.2% |
| Distributable reserves | 133 | €38,941 | €24,862 | -€14,080 | -36.2% |
| Profit (loss) carried forward | 14 | -€31,095 | - | +€31,095 | |
| Amounts payable | 17/49 | €87,880 | €65,514 | -€22,365 | -25.4% |
| Amounts payable within one year | 42/48 | €87,880 | €65,514 | -€22,365 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €1,358 | €1,124 | -€234 | -17.2% |
| Financial debts | 43 | - | €1,906 | +€1,906 | |
| Credit institutions | 430/8 | - | €1,906 | +€1,906 | |
| Trade debts | 44 | €4,353 | €2,871 | -€1,482 | -34.0% |
| Suppliers | 440/4 | €4,353 | €2,871 | -€1,482 | -34.0% |
| Taxes, remuneration and social security | 45 | €5,533 | €21,163 | +€15,629 | +282% |
| Taxes | 450/3 | - | €10,640 | +€10,640 | |
| Remuneration and social security | 454/9 | €5,533 | €10,523 | +€4,990 | +90.2% |
| Other amounts payable | 47/48 | €76,635 | €38,450 | -€38,185 | -49.8% |
| Non-recurring operating income | 76A | €7,641 | - | -€7,641 | |
| Remuneration, social security and pensions | 62 | €41,966 | €42,792 | +€826 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,831 | €9,476 | +€1,645 | +21.0% |
| Other operating charges | 640/8 | €3,266 | €3,695 | +€430 | +13.2% |
| Gross operating margin | 9900 | €96,085 | €128,436 | +€32,352 | +33.7% |
| Operating profit (loss) | 9901 | €43,022 | €72,473 | +€29,451 | +68.5% |
| Financial income | 75/76B | €794 | €4,526 | +€3,732 | +470% |
| Recurring financial income | 75 | €794 | €4,526 | +€3,732 | +470% |
| Financial charges | 65/66B | €73,891 | €888 | -€73,004 | -98.8% |
| Recurring financial charges | 65 | €73,891 | €888 | -€73,004 | -98.8% |
| Profit (loss) for the period before taxes | 9903 | -€30,075 | €76,111 | +€106,187 | |
| Income taxes | 67/77 | €1,019 | €20,646 | +€19,627 | +1,925% |
| Profit (loss) for the period | 9904 | -€31,095 | €55,465 | +€86,560 | |
| Profit (loss) for the period to be appropriated | 9905 | -€31,095 | €55,465 | +€86,560 |
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 23 October 2026 via checked.be.