T.W. MEDIC: 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.
T.W. MEDIC
Largest movements
- Tangible fixed assets -€8,113
down €8,113 (-1.3%), from €626,343 to €618,229
of which Land and buildings: -€32,098
- Profit (loss) carried forward -€37,236
down €37,236 (-7.3%), from €512,601 to €475,365
- Other debts +€28,309
up €28,309 (+24.7%), from €114,432 to €142,741
- Other operating charges +€7,392
up €7,392 (+1,292%), from €572 to €7,964
- Gross operating margin -€2,132
down €2,132, from €189 to -€1,943
- Depreciation -€319
down €319 (-1.2%), from €26,879 to €26,560
- Taxes +€97
up €97 (+25.5%), from €381 to €479
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 | €636,151 | €627,360 | -€8,791 | -1.4% |
| Fixed assets | 21/28 | €626,544 | €618,430 | -€8,113 | -1.3% |
| Tangible fixed assets | 22/27 | €626,343 | €618,229 | -€8,113 | -1.3% |
| Land and buildings | 22 | €626,343 | €594,245 | -€32,098 | -5.1% |
| Furniture and vehicles | 24 | - | €6,378 | +€6,378 | |
| Other tangible fixed assets | 26 | - | €17,606 | +€17,606 | |
| Financial fixed assets | 28 | €201 | €201 | = | 0.0% |
| Current assets | 29/58 | €9,607 | €8,930 | -€677 | -7.1% |
| Amounts receivable within one year | 40/41 | €1,560 | €270 | -€1,290 | -82.7% |
| Other amounts receivable | 41 | €1,560 | €270 | -€1,290 | -82.7% |
| Cash at bank and in hand | 54/58 | €7,530 | €6,841 | -€689 | -9.2% |
| Deferred charges and accrued income | 490/1 | €518 | €1,820 | +€1,302 | +252% |
| Total equity and liabilities | 10/49 | €636,151 | €627,360 | -€8,791 | -1.4% |
| Equity | 10/15 | €520,657 | €483,421 | -€37,236 | -7.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €512,601 | €475,365 | -€37,236 | -7.3% |
| Amounts payable | 17/49 | €115,494 | €143,939 | +€28,446 | +24.6% |
| Amounts payable within one year | 42/48 | €115,494 | €143,939 | +€28,446 | +24.6% |
| Trade debts | 44 | €644 | €302 | -€342 | -53.1% |
| Suppliers | 440/4 | €644 | €302 | -€342 | -53.1% |
| Taxes, remuneration and social security | 45 | €417 | €896 | +€479 | +115% |
| Taxes | 450/3 | €417 | €896 | +€479 | +115% |
| Other amounts payable | 47/48 | €114,432 | €142,741 | +€28,309 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,879 | €26,560 | -€319 | -1.2% |
| Other operating charges | 640/8 | €572 | €7,964 | +€7,392 | +1,292% |
| Gross operating margin | 9900 | €189 | -€1,943 | -€2,132 | |
| Operating profit (loss) | 9901 | -€27,263 | -€36,468 | -€9,205 | -33.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,060% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,060% |
| Financial charges | 65/66B | €289 | €290 | +€1 | +0.5% |
| Recurring financial charges | 65 | €289 | €290 | +€1 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,552 | -€36,758 | -€9,206 | -33.4% |
| Income taxes | 67/77 | €381 | €479 | +€97 | +25.5% |
| Profit (loss) for the period | 9904 | -€27,933 | -€37,236 | -€9,303 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,933 | -€37,236 | -€9,303 | -33.3% |
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 30 October 2026 via checked.be.