WARIN MEDICAL: what changed
WARIN MEDICAL
Largest movements
- Receivables within one year +€41,640
new in 2025: €41,640
of which Trade receivables: +€36,300
- Current investments +€20,047
new in 2025: €20,047
- Cash -€3,085
down €3,085 (-14.6%), from €21,172 to €18,087
mainly Receivables within one year (-€41,640) and Current investments (-€20,047)
- Tangible fixed assets +€2,375
new in 2025: €2,375
- Deferred charges and accrued income +€1,318
new in 2025: €1,318
- Profit (loss) carried forward +€47,114
new in 2025: €47,114
- Tax, wage and social debts +€14,906
up €14,906 (+10,684%), from €140 to €15,045
of which Taxes: +€12,621
- Trade debts +€2,169
up €2,169 (+468%), from €463 to €2,632
- Other debts -€1,893
down €1,893 (-25.6%), from €7,399 to €5,506
- Gross operating margin +€51,105
up €51,105 (+417%), from €12,259 to €63,364
- Taxes +€12,651
up €12,651 (+9,067%), from €140 to €12,790
- Financial charges +€2,582
up €2,582 (+1,682%), from €154 to €2,736
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,172 | €83,467 | +€62,296 | +294% |
| Fixed assets | 21/28 | - | €2,375 | +€2,375 | |
| Tangible fixed assets | 22/27 | - | €2,375 | +€2,375 | |
| Furniture and vehicles | 24 | - | €2,375 | +€2,375 | |
| Current assets | 29/58 | €21,172 | €81,092 | +€59,921 | +283% |
| Amounts receivable within one year | 40/41 | - | €41,640 | +€41,640 | |
| Trade receivables | 40 | - | €36,300 | +€36,300 | |
| Other amounts receivable | 41 | - | €5,340 | +€5,340 | |
| Current investments | 50/53 | - | €20,047 | +€20,047 | |
| Cash at bank and in hand | 54/58 | €21,172 | €18,087 | -€3,085 | -14.6% |
| Deferred charges and accrued income | 490/1 | - | €1,318 | +€1,318 | |
| Total equity and liabilities | 10/49 | €21,172 | €83,467 | +€62,296 | +294% |
| Equity | 10/15 | €13,171 | €60,284 | +€47,114 | +358% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €771 | €771 | = | 0.0% |
| Distributable reserves | 133 | €771 | €771 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €47,114 | +€47,114 | |
| Amounts payable | 17/49 | €8,001 | €23,183 | +€15,182 | +190% |
| Amounts payable within one year | 42/48 | €8,001 | €23,183 | +€15,182 | +190% |
| Trade debts | 44 | €463 | €2,632 | +€2,169 | +468% |
| Suppliers | 440/4 | €463 | €2,632 | +€2,169 | +468% |
| Taxes, remuneration and social security | 45 | €140 | €15,045 | +€14,906 | +10,684% |
| Taxes | 450/3 | €140 | €12,761 | +€12,621 | +9,046% |
| Remuneration and social security | 454/9 | - | €2,284 | +€2,284 | |
| Other amounts payable | 47/48 | €7,399 | €5,506 | -€1,893 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €354 | +€354 | |
| Other operating charges | 640/8 | €673 | €598 | -€75 | -11.1% |
| Gross operating margin | 9900 | €12,259 | €63,364 | +€51,105 | +417% |
| Operating profit (loss) | 9901 | €11,586 | €62,412 | +€50,826 | +439% |
| Financial income | 75/76B | - | €228 | +€228 | |
| Recurring financial income | 75 | - | €228 | +€228 | |
| Financial charges | 65/66B | €154 | €2,736 | +€2,582 | +1,682% |
| Recurring financial charges | 65 | €154 | €2,736 | +€2,582 | +1,682% |
| Profit (loss) for the period before taxes | 9903 | €11,432 | €59,904 | +€48,471 | +424% |
| Income taxes | 67/77 | €140 | €12,790 | +€12,651 | +9,067% |
| Profit (loss) for the period | 9904 | €11,293 | €47,114 | +€35,821 | +317% |
| Profit (loss) for the period to be appropriated | 9905 | €11,293 | €47,114 | +€35,821 | +317% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.