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PEDIMED: 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.

What changed

PEDIMED

BE 0480.078.635
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€98,851
2024 · €127,258-€28,407
Equity
€339,322
2024 · €285,471+€53,851
Cash
€184,728
2024 · €199,725-€14,997
Balance sheet total
€356,110
2024 · €316,830+€39,280

Largest movements

2024 to 2025
Assets
  • Current investments +€56,322

    up €56,322 (+50.0%), from €112,644 to €168,965

  • Cash -€14,997

    down €14,997 (-7.5%), from €199,725 to €184,728

    mainly Current investments (-€56,322) and Contributions, distributions and other (-€45,000)

Equity and liabilities
  • Reserves +€53,000

    up €53,000 (+19.0%), from €278,860 to €331,860

  • Tax, wage and social debts -€12,894

    down €12,894 (-48.6%), from €26,556 to €13,662

Income statement
  • Gross operating margin -€40,426

    down €40,426 (-21.3%), from €189,854 to €149,429

  • Taxes -€8,966

    down €8,966 (-16.4%), from €54,806 to €45,841

  • Depreciation -€2,049

    down €2,049 (-58.6%), from €3,496 to €1,447

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €127,258
Gross operating margin -€40,426
Depreciation +€2,049
Other operating charges +€275
Financial income +€962
Financial charges -€233
Taxes +€8,966
Result 2025 €98,851

Cash bridge derived

cash 2024 to 2025

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.

From operations +€86,325
Investment -€56,322
Financing -€45,000
Cash 2024 €199,725
Net result for the year +€98,851
Depreciation +€1,447
Deferred charges and accrued income +€598
Trade debts -€2,125
Tax, wage and social debts -€12,894
Other debts +€448
Current investments -€56,322
Contributions, distributions and other -€45,000
Cash 2025 €184,728
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €316,830 €356,110 +€39,280 +12.4%
Fixed assets 21/28 €1,447 - -€1,447
Tangible fixed assets 22/27 €1,447 - -€1,447
Furniture and vehicles 24 €1,447 - -€1,447
Current assets 29/58 €315,383 €356,110 +€40,727 +12.9%
Current investments 50/53 €112,644 €168,965 +€56,322 +50.0%
Cash at bank and in hand 54/58 €199,725 €184,728 -€14,997 -7.5%
Deferred charges and accrued income 490/1 €3,015 €2,417 -€598 -19.8%
Total equity and liabilities 10/49 €316,830 €356,110 +€39,280 +12.4%
Equity 10/15 €285,471 €339,322 +€53,851 +18.9%
Contributions 10/11 €6,250 €6,250 = 0.0%
Reserves 13 €278,860 €331,860 +€53,000 +19.0%
Distributable reserves 133 €278,860 €331,860 +€53,000 +19.0%
Profit (loss) carried forward 14 €361 €1,212 +€851 +235.8%
Amounts payable 17/49 €31,359 €16,788 -€14,572 -46.5%
Amounts payable within one year 42/48 €31,359 €16,788 -€14,572 -46.5%
Trade debts 44 €3,789 €1,663 -€2,125 -56.1%
Suppliers 440/4 €3,789 €1,663 -€2,125 -56.1%
Taxes, remuneration and social security 45 €26,556 €13,662 -€12,894 -48.6%
Taxes 450/3 €26,556 €13,662 -€12,894 -48.6%
Other amounts payable 47/48 €1,014 €1,462 +€448 +44.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,496 €1,447 -€2,049 -58.6%
Other operating charges 640/8 €942 €667 -€275 -29.2%
Gross operating margin 9900 €189,854 €149,429 -€40,426 -21.3%
Operating profit (loss) 9901 €185,416 €147,314 -€38,102 -20.5%
Financial income 75/76B €1,133 €2,096 +€962 +84.9%
Recurring financial income 75 €1,133 €2,096 +€962 +84.9%
Financial charges 65/66B €4,485 €4,718 +€233 +5.2%
Recurring financial charges 65 €4,485 €4,718 +€233 +5.2%
Profit (loss) for the period before taxes 9903 €182,065 €144,692 -€37,373 -20.5%
Income taxes 67/77 €54,806 €45,841 -€8,966 -16.4%
Profit (loss) for the period 9904 €127,258 €98,851 -€28,407 -22.3%
Profit (loss) for the period to be appropriated 9905 €127,258 €98,851 -€28,407 -22.3%

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 29 September 2026 via checked.be.