TOP 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.
TOP MEDIC
Largest movements
- Cash +€296,908
up €296,908 (+28.4%), from €1.0m to €1.3m
mainly Net result for the year (+€323,575) and Receivables within one year (+€191,113)
- Receivables within one year -€191,113
down €191,113 (-36.6%), from €521,494 to €330,381
of which Other amounts receivable: -€210,524
- Tangible fixed assets -€113,420
down €113,420 (-17.6%), from €645,793 to €532,373
of which Furniture and vehicles: -€90,826
No liability line moved by more than 1% of the balance sheet total.
- Staff costs +€82,185
up €82,185 (+18.6%), from €441,339 to €523,524
- Gross operating margin +€61,615
up €61,615 (+6.1%), from €1.0m to €1.1m
- Financial income +€52,987
up €52,987 (+205%), from €25,867 to €78,854
- Taxes +€10,845
up €10,845 (+7.1%), from €151,805 to €162,650
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 | €3,984,937 | €4,001,887 | +€16,950 | +0.4% |
| Fixed assets | 21/28 | €645,893 | €532,473 | -€113,420 | -17.6% |
| Tangible fixed assets | 22/27 | €645,793 | €532,373 | -€113,420 | -17.6% |
| Land and buildings | 22 | €318,634 | €298,140 | -€20,494 | -6.4% |
| Plant, machinery and equipment | 23 | €8,641 | €6,541 | -€2,100 | -24.3% |
| Furniture and vehicles | 24 | €318,518 | €227,692 | -€90,826 | -28.5% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €3,339,044 | €3,469,414 | +€130,370 | +3.9% |
| Amounts receivable after more than one year | 29 | €180,000 | €180,000 | = | 0.0% |
| Other amounts receivable | 291 | €180,000 | €180,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €70,010 | €68,864 | -€1,146 | -1.6% |
| Stocks | 30/36 | €70,010 | €68,864 | -€1,146 | -1.6% |
| Amounts receivable within one year | 40/41 | €521,494 | €330,381 | -€191,113 | -36.6% |
| Trade receivables | 40 | €297,348 | €316,759 | +€19,411 | +6.5% |
| Other amounts receivable | 41 | €224,146 | €13,622 | -€210,524 | -93.9% |
| Current investments | 50/53 | €1,500,000 | €1,500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,045,338 | €1,342,246 | +€296,908 | +28.4% |
| Deferred charges and accrued income | 490/1 | €22,202 | €47,923 | +€25,721 | +116% |
| Total equity and liabilities | 10/49 | €3,984,937 | €4,001,887 | +€16,950 | +0.4% |
| Equity | 10/15 | €3,880,428 | €3,869,505 | -€10,923 | -0.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €3,428,786 | €3,418,786 | -€10,000 | -0.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €71,926 | €71,926 | = | 0.0% |
| Distributable reserves | 133 | €3,355,000 | €3,346,860 | -€8,140 | -0.2% |
| Profit (loss) carried forward | 14 | €439,142 | €438,219 | -€923 | -0.2% |
| Amounts payable | 17/49 | €104,509 | €132,382 | +€27,873 | +26.7% |
| Amounts payable after more than one year | 17 | €150 | €150 | = | 0.0% |
| Other amounts payable | 178/9 | €150 | €150 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,311 | €131,441 | +€27,130 | +26.0% |
| Trade debts | 44 | €30,114 | €33,600 | +€3,486 | +11.6% |
| Suppliers | 440/4 | €30,114 | €33,600 | +€3,486 | +11.6% |
| Taxes, remuneration and social security | 45 | €74,197 | €97,841 | +€23,644 | +31.9% |
| Taxes | 450/3 | €34,825 | €53,332 | +€18,507 | +53.1% |
| Remuneration and social security | 454/9 | €39,372 | €44,509 | +€5,137 | +13.0% |
| Accrued charges and deferred income | 492/3 | €48 | €791 | +€743 | +1,548% |
| Non-recurring operating income | 76A | €10,359 | - | -€10,359 | |
| Remuneration, social security and pensions | 62 | €441,339 | €523,524 | +€82,185 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,999 | €117,014 | +€15 | 0.0% |
| Other operating charges | 640/8 | €9,803 | €15,437 | +€5,634 | +57.5% |
| Gross operating margin | 9900 | €1,002,040 | €1,063,655 | +€61,615 | +6.1% |
| Operating profit (loss) | 9901 | €433,899 | €407,680 | -€26,219 | -6.0% |
| Financial income | 75/76B | €25,867 | €78,854 | +€52,987 | +205% |
| Recurring financial income | 75 | €25,867 | €78,854 | +€52,987 | +205% |
| Financial charges | 65/66B | €782 | €309 | -€473 | -60.5% |
| Recurring financial charges | 65 | €782 | €309 | -€473 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €458,984 | €486,225 | +€27,241 | +5.9% |
| Income taxes | 67/77 | €151,805 | €162,650 | +€10,845 | +7.1% |
| Profit (loss) for the period | 9904 | €307,179 | €323,575 | +€16,396 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €307,179 | €323,575 | +€16,396 | +5.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.