ST MEDITRINA: 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.
ST MEDITRINA
Largest movements
- Receivables within one year -€9,895
down €9,895 (-83.5%), from €11,850 to €1,955
- Intangible fixed assets -€4,600
down €4,600 (-40.0%), from €11,500 to €6,900
- Tangible fixed assets -€2,081
down €2,081 (-13.5%), from €15,374 to €13,293
of which Plant, machinery and equipment: -€1,631
- Cash +€1,647
up €1,647 (+17.6%), from €9,366 to €11,012
mainly Receivables within one year (+€9,895) and Depreciation (+€6,681)
- Other debts -€14,006
down €14,006 (-82.4%), from €17,001 to €2,995
- Profit (loss) carried forward +€5,202
up €5,202 (+164%), from €3,176 to €8,378
- Debts after one year -€4,095
down €4,095 (-98.6%), from €4,153 to €58
- Tax, wage and social debts -€2,003
down €2,003 (-18.7%), from €10,685 to €8,682
- Gross operating margin -€16,095
down €16,095 (-37.7%), from €42,741 to €26,647
- Taxes -€4,188
down €4,188 (-65.1%), from €6,435 to €2,247
- Financial charges +€1,939
up €1,939 (+343%), from €565 to €2,504
- Staff costs +€695
up €695 (+7.6%), from €9,205 to €9,900
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 | €48,090 | €33,161 | -€14,929 | -31.0% |
| Fixed assets | 21/28 | €26,874 | €20,193 | -€6,681 | -24.9% |
| Intangible fixed assets | 21 | €11,500 | €6,900 | -€4,600 | -40.0% |
| Tangible fixed assets | 22/27 | €15,374 | €13,293 | -€2,081 | -13.5% |
| Plant, machinery and equipment | 23 | €14,097 | €12,467 | -€1,631 | -11.6% |
| Furniture and vehicles | 24 | €1,277 | €827 | -€450 | -35.2% |
| Current assets | 29/58 | €21,216 | €12,968 | -€8,248 | -38.9% |
| Amounts receivable within one year | 40/41 | €11,850 | €1,955 | -€9,895 | -83.5% |
| Trade receivables | 40 | €11,850 | €1,955 | -€9,895 | -83.5% |
| Cash at bank and in hand | 54/58 | €9,366 | €11,012 | +€1,647 | +17.6% |
| Total equity and liabilities | 10/49 | €48,090 | €33,161 | -€14,929 | -31.0% |
| Equity | 10/15 | €10,676 | €15,878 | +€5,202 | +48.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,176 | €8,378 | +€5,202 | +164% |
| Amounts payable | 17/49 | €37,414 | €17,283 | -€20,131 | -53.8% |
| Amounts payable after more than one year | 17 | €4,153 | €58 | -€4,095 | -98.6% |
| Financial debts | 170/4 | €4,153 | €58 | -€4,095 | -98.6% |
| Amounts payable within one year | 42/48 | €33,261 | €17,225 | -€16,035 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €3,919 | €4,095 | +€176 | +4.5% |
| Trade debts | 44 | €1,656 | €1,453 | -€202 | -12.2% |
| Suppliers | 440/4 | €1,656 | €1,453 | -€202 | -12.2% |
| Taxes, remuneration and social security | 45 | €10,685 | €8,682 | -€2,003 | -18.7% |
| Taxes | 450/3 | €10,685 | €8,682 | -€2,003 | -18.7% |
| Other amounts payable | 47/48 | €17,001 | €2,995 | -€14,006 | -82.4% |
| Remuneration, social security and pensions | 62 | €9,205 | €9,900 | +€695 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,681 | €6,681 | = | 0.0% |
| Other operating charges | 640/8 | €98 | €113 | +€16 | +16.1% |
| Gross operating margin | 9900 | €42,741 | €26,647 | -€16,095 | -37.7% |
| Operating profit (loss) | 9901 | €26,758 | €9,953 | -€16,805 | -62.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €565 | €2,504 | +€1,939 | +343% |
| Recurring financial charges | 65 | €565 | €2,504 | +€1,939 | +343% |
| Profit (loss) for the period before taxes | 9903 | €26,193 | €7,449 | -€18,744 | -71.6% |
| Income taxes | 67/77 | €6,435 | €2,247 | -€4,188 | -65.1% |
| Profit (loss) for the period | 9904 | €19,758 | €5,202 | -€14,556 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,758 | €5,202 | -€14,556 | -73.7% |
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 17 October 2026 via checked.be.