VdK Medis: 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.
VdK Medis
Largest movements
- Current investments +€130,000
up €130,000 (+144%), from €89,983 to €219,983
- Tangible fixed assets -€10,852
down €10,852 (-33.7%), from €32,210 to €21,358
of which Furniture and vehicles: -€10,378
- Other debts +€141,563
up €141,563 (+4,762%), from €2,973 to €144,536
- Tax, wage and social debts -€19,726
down €19,726 (-86.2%), from €22,881 to €3,155
of which Taxes: -€19,726
- Debts after one year -€12,919
down €12,919 (-55.5%), from €23,294 to €10,375
- Current portion of long-term debt +€6,586
new in 2025: €6,586
- Profit (loss) carried forward +€6,423
up €6,423 (+3.6%), from €176,945 to €183,368
- Taxes +€5,398
up €5,398 (+9.9%), from €54,751 to €60,149
- Gross operating margin +€5,346
up €5,346 (+2.2%), from €244,298 to €249,644
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 | €248,202 | €369,003 | +€120,801 | +48.7% |
| Fixed assets | 21/28 | €32,210 | €21,358 | -€10,852 | -33.7% |
| Tangible fixed assets | 22/27 | €32,210 | €21,358 | -€10,852 | -33.7% |
| Plant, machinery and equipment | 23 | €1,298 | €823 | -€475 | -36.6% |
| Furniture and vehicles | 24 | €30,913 | €20,535 | -€10,378 | -33.6% |
| Current assets | 29/58 | €215,991 | €347,645 | +€131,653 | +61.0% |
| Amounts receivable within one year | 40/41 | €1,334 | €114 | -€1,220 | -91.5% |
| Trade receivables | 40 | €1,152 | - | -€1,152 | |
| Other amounts receivable | 41 | €182 | €114 | -€68 | -37.5% |
| Current investments | 50/53 | €89,983 | €219,983 | +€130,000 | +144% |
| Cash at bank and in hand | 54/58 | €124,674 | €127,548 | +€2,874 | +2.3% |
| Total equity and liabilities | 10/49 | €248,202 | €369,003 | +€120,801 | +48.7% |
| Equity | 10/15 | €197,648 | €204,071 | +€6,423 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,103 | €2,103 | = | 0.0% |
| Distributable reserves | 133 | €2,103 | €2,103 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,945 | €183,368 | +€6,423 | +3.6% |
| Amounts payable | 17/49 | €50,554 | €164,932 | +€114,378 | +226% |
| Amounts payable after more than one year | 17 | €23,294 | €10,375 | -€12,919 | -55.5% |
| Financial debts | 170/4 | €23,294 | €10,375 | -€12,919 | -55.5% |
| Amounts payable within one year | 42/48 | €27,260 | €154,556 | +€127,296 | +467% |
| Current portion of amounts payable after more than one year | 42 | - | €6,586 | +€6,586 | |
| Trade debts | 44 | €1,406 | €280 | -€1,126 | -80.1% |
| Suppliers | 440/4 | €1,406 | €280 | -€1,126 | -80.1% |
| Taxes, remuneration and social security | 45 | €22,881 | €3,155 | -€19,726 | -86.2% |
| Taxes | 450/3 | €19,726 | - | -€19,726 | |
| Remuneration and social security | 454/9 | €3,155 | €3,155 | = | 0.0% |
| Other amounts payable | 47/48 | €2,973 | €144,536 | +€141,563 | +4,762% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,151 | €10,852 | -€299 | -2.7% |
| Other operating charges | 640/8 | €727 | €757 | +€31 | +4.2% |
| Gross operating margin | 9900 | €244,298 | €249,644 | +€5,346 | +2.2% |
| Operating profit (loss) | 9901 | €232,420 | €238,035 | +€5,614 | +2.4% |
| Financial income | 75/76B | €82 | €875 | +€794 | +973% |
| Recurring financial income | 75 | €82 | €875 | +€794 | +973% |
| Financial charges | 65/66B | €1,140 | €2,338 | +€1,198 | +105% |
| Recurring financial charges | 65 | €1,140 | €2,338 | +€1,198 | +105% |
| Profit (loss) for the period before taxes | 9903 | €231,362 | €236,572 | +€5,210 | +2.3% |
| Income taxes | 67/77 | €54,751 | €60,149 | +€5,398 | +9.9% |
| Profit (loss) for the period | 9904 | €176,611 | €176,423 | -€188 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €176,611 | €176,423 | -€188 | -0.1% |
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.