sds 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.
sds medic
Largest movements
- Cash +€17,501
up €17,501 (+20.9%), from €83,874 to €101,375
mainly Depreciation (+€23,797) and Net result for the year (+€12,017)
- Intangible fixed assets -€11,900
down €11,900 (-14.3%), from €83,300 to €71,400
- Tangible fixed assets -€10,738
down €10,738 (-30.6%), from €35,128 to €24,390
- Deferred charges and accrued income +€6,020
up €6,020 (+203.8%), from €2,953 to €8,973
- Profit (loss) carried forward +€10,355
up €10,355 (+14.3%), from €72,175 to €82,531
- Debts after one year -€7,796
down €7,796 (-85.5%), from €9,118 to €1,322
- Accrued charges and deferred income -€3,387
down €3,387 (-38.3%), from €8,851 to €5,464
- Gross operating margin -€10,404
down €10,404 (-17.8%), from €58,437 to €48,034
- Financial charges -€3,642
down €3,642 (-37.7%), from €9,661 to €6,020
- Taxes -€1,918
down €1,918 (-24.2%), from €7,925 to €6,007
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 | €207,730 | €207,631 | -€99 | 0.0% |
| Fixed assets | 21/28 | €118,428 | €95,790 | -€22,638 | -19.1% |
| Intangible fixed assets | 21 | €83,300 | €71,400 | -€11,900 | -14.3% |
| Tangible fixed assets | 22/27 | €35,128 | €24,390 | -€10,738 | -30.6% |
| Furniture and vehicles | 24 | €35,128 | €24,390 | -€10,738 | -30.6% |
| Current assets | 29/58 | €89,302 | €111,841 | +€22,539 | +25.2% |
| Amounts receivable within one year | 40/41 | €2,475 | €1,493 | -€982 | -39.7% |
| Other amounts receivable | 41 | €2,475 | €1,493 | -€982 | -39.7% |
| Cash at bank and in hand | 54/58 | €83,874 | €101,375 | +€17,501 | +20.9% |
| Deferred charges and accrued income | 490/1 | €2,953 | €8,973 | +€6,020 | +203.8% |
| Total equity and liabilities | 10/49 | €207,730 | €207,631 | -€99 | 0.0% |
| Equity | 10/15 | €77,175 | €87,531 | +€10,355 | +13.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,175 | €82,531 | +€10,355 | +14.3% |
| Amounts payable | 17/49 | €130,555 | €120,100 | -€10,455 | -8.0% |
| Amounts payable after more than one year | 17 | €9,118 | €1,322 | -€7,796 | -85.5% |
| Financial debts | 170/4 | €9,118 | €1,322 | -€7,796 | -85.5% |
| Amounts payable within one year | 42/48 | €112,586 | €113,314 | +€729 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | €7,570 | €7,796 | +€226 | +3.0% |
| Financial debts | 43 | - | €793 | +€793 | |
| Other loans | 439 | - | €793 | +€793 | |
| Trade debts | 44 | €2,301 | €860 | -€1,442 | -62.6% |
| Suppliers | 440/4 | €2,301 | €860 | -€1,442 | -62.6% |
| Taxes, remuneration and social security | 45 | €1,400 | €1,400 | = | 0.0% |
| Taxes | 450/3 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €101,314 | €102,465 | +€1,151 | +1.1% |
| Accrued charges and deferred income | 492/3 | €8,851 | €5,464 | -€3,387 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,804 | €23,797 | -€7 | 0.0% |
| Other operating charges | 640/8 | - | €193 | +€193 | |
| Gross operating margin | 9900 | €58,437 | €48,034 | -€10,404 | -17.8% |
| Operating profit (loss) | 9901 | €34,633 | €24,043 | -€10,590 | -30.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9,661 | €6,020 | -€3,642 | -37.7% |
| Recurring financial charges | 65 | €9,661 | €6,020 | -€3,642 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €24,972 | €18,024 | -€6,948 | -27.8% |
| Income taxes | 67/77 | €7,925 | €6,007 | -€1,918 | -24.2% |
| Profit (loss) for the period | 9904 | €17,046 | €12,017 | -€5,030 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,046 | €12,017 | -€5,030 | -29.5% |
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 6 October 2026 via checked.be.