REB MEDiC: 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.
REB MEDiC
Largest movements
- Formation expenses -€11,000
down €11,000 (-11.5%), from €95,754 to €84,754
- Tangible fixed assets -€4,619
down €4,619 (-31.9%), from €14,485 to €9,866
of which Furniture and vehicles: -€10,269
- Deferred charges and accrued income -€4,051
down €4,051 (-86.4%), from €4,687 to €636
- Receivables within one year +€2,440
new in 2025: €2,440
- Debts after one year -€22,129
down €22,129 (-33.7%), from €65,705 to €43,576
- Other debts -€17,200
no longer reported in 2025 (was €17,200)
- Profit (loss) carried forward +€14,529
up €14,529 (+58.7%), from €24,761 to €39,290
- Tax, wage and social debts +€8,532
up €8,532 (+64.7%), from €13,191 to €21,723
- Trade debts -€2,802
down €2,802 (-74.7%), from €3,751 to €949
- Gross operating margin -€15,622
down €15,622 (-24.8%), from €63,080 to €47,458
- Taxes -€3,159
down €3,159 (-36.3%), from €8,691 to €5,532
- Financial charges -€1,960
down €1,960 (-32.6%), from €6,005 to €4,045
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 | €145,652 | €128,079 | -€17,573 | -12.1% |
| Formation expenses | 20 | €95,754 | €84,754 | -€11,000 | -11.5% |
| Fixed assets | 21/28 | €14,485 | €9,866 | -€4,619 | -31.9% |
| Tangible fixed assets | 22/27 | €14,485 | €9,866 | -€4,619 | -31.9% |
| Furniture and vehicles | 24 | €14,485 | €4,216 | -€10,269 | -70.9% |
| Other tangible fixed assets | 26 | - | €5,650 | +€5,650 | |
| Current assets | 29/58 | €35,413 | €33,459 | -€1,954 | -5.5% |
| Amounts receivable within one year | 40/41 | - | €2,440 | +€2,440 | |
| Other amounts receivable | 41 | - | €2,440 | +€2,440 | |
| Cash at bank and in hand | 54/58 | €30,726 | €30,383 | -€343 | -1.1% |
| Deferred charges and accrued income | 490/1 | €4,687 | €636 | -€4,051 | -86.4% |
| Total equity and liabilities | 10/49 | €145,652 | €128,079 | -€17,573 | -12.1% |
| Equity | 10/15 | €24,761 | €39,290 | +€14,529 | +58.7% |
| Profit (loss) carried forward | 14 | €24,761 | €39,290 | +€14,529 | +58.7% |
| Amounts payable | 17/49 | €120,891 | €88,789 | -€32,102 | -26.6% |
| Amounts payable after more than one year | 17 | €65,705 | €43,576 | -€22,129 | -33.7% |
| Financial debts | 170/4 | €65,705 | €43,576 | -€22,129 | -33.7% |
| Amounts payable within one year | 42/48 | €55,186 | €44,801 | -€10,385 | -18.8% |
| Current portion of amounts payable after more than one year | 42 | €21,044 | €22,129 | +€1,085 | +5.2% |
| Trade debts | 44 | €3,751 | €949 | -€2,802 | -74.7% |
| Suppliers | 440/4 | €3,751 | €949 | -€2,802 | -74.7% |
| Taxes, remuneration and social security | 45 | €13,191 | €21,723 | +€8,532 | +64.7% |
| Taxes | 450/3 | €13,191 | €21,723 | +€8,532 | +64.7% |
| Other amounts payable | 47/48 | €17,200 | - | -€17,200 | |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,761 | €22,877 | +€116 | +0.5% |
| Other operating charges | 640/8 | €862 | €476 | -€386 | -44.8% |
| Gross operating margin | 9900 | €63,080 | €47,458 | -€15,622 | -24.8% |
| Operating profit (loss) | 9901 | €39,457 | €24,105 | -€15,352 | -38.9% |
| Financial charges | 65/66B | €6,005 | €4,045 | -€1,960 | -32.6% |
| Recurring financial charges | 65 | €6,005 | €4,045 | -€1,960 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €33,452 | €20,060 | -€13,392 | -40.0% |
| Income taxes | 67/77 | €8,691 | €5,532 | -€3,159 | -36.3% |
| Profit (loss) for the period | 9904 | €24,761 | €14,528 | -€10,233 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,761 | €14,528 | -€10,233 | -41.3% |
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 7 October 2026 via checked.be.