What changed?
Two fiscal 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.
ExMediKA
Largest movements
- Current investments +€101,316
up €101,316 (+67.5%), from €150,108 to €251,424
- Receivables within one year +€16,732
up €16,732 (+58.4%), from €28,672 to €45,404
of which Trade receivables: +€12,806
- Cash -€12,669
down €12,669 (-13.2%), from €95,931 to €83,262
mainly Current investments (-€101,316) and Tax, wage and social debts (-€27,893)
- Reserves +€94,786
up €94,786 (+53.9%), from €175,907 to €270,693
- Advances received +€29,937
up €29,937 (+152.1%), from €19,680 to €49,617
- Tax, wage and social debts -€27,893
down €27,893 (-58.8%), from €47,427 to €19,534
- Trade debts +€7,971
up €7,971 (+45.2%), from €17,649 to €25,620
No income-statement line moved by more than 1% of the activity.
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.
Cash bridge derived
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 | €277,409 | €382,568 | +€105,159 | +37.9% |
| Fixed assets | 21/28 | €220 | - | -€220 | |
| Tangible fixed assets | 22/27 | €220 | - | -€220 | |
| Furniture and vehicles | 24 | €220 | - | -€220 | |
| Current assets | 29/58 | €277,189 | €382,568 | +€105,379 | +38.0% |
| Stocks and contracts in progress | 3 | €2,328 | €2,328 | = | 0.0% |
| Stocks | 30/36 | €2,328 | €2,328 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,672 | €45,404 | +€16,732 | +58.4% |
| Trade receivables | 40 | €28,672 | €41,478 | +€12,806 | +44.7% |
| Other amounts receivable | 41 | - | €3,926 | +€3,926 | |
| Current investments | 50/53 | €150,108 | €251,424 | +€101,316 | +67.5% |
| Cash at bank and in hand | 54/58 | €95,931 | €83,262 | -€12,669 | -13.2% |
| Deferred charges and accrued income | 490/1 | €150 | €150 | = | 0.0% |
| Total equity and liabilities | 10/49 | €277,409 | €382,568 | +€105,159 | +37.9% |
| Equity | 10/15 | €180,907 | €275,693 | +€94,786 | +52.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €175,907 | €270,693 | +€94,786 | +53.9% |
| Distributable reserves | 133 | €175,907 | €270,693 | +€94,786 | +53.9% |
| Amounts payable | 17/49 | €96,502 | €106,875 | +€10,373 | +10.7% |
| Amounts payable within one year | 42/48 | €91,048 | €102,035 | +€10,987 | +12.1% |
| Trade debts | 44 | €17,649 | €25,620 | +€7,971 | +45.2% |
| Suppliers | 440/4 | €17,649 | €25,620 | +€7,971 | +45.2% |
| Advances received on contracts in progress | 46 | €19,680 | €49,617 | +€29,937 | +152.1% |
| Taxes, remuneration and social security | 45 | €47,427 | €19,534 | -€27,893 | -58.8% |
| Taxes | 450/3 | €47,427 | €19,534 | -€27,893 | -58.8% |
| Other amounts payable | 47/48 | €6,292 | €7,264 | +€972 | +15.4% |
| Accrued charges and deferred income | 492/3 | €5,454 | €4,840 | -€614 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €750 | €220 | -€530 | -70.7% |
| Other operating charges | 640/8 | €598 | €451 | -€147 | -24.6% |
| Gross operating margin | 9900 | €134,327 | €134,012 | -€315 | -0.2% |
| Operating profit (loss) | 9901 | €132,979 | €133,341 | +€362 | +0.3% |
| Financial income | 75/76B | €759 | €2,066 | +€1,307 | +172.2% |
| Recurring financial income | 75 | €759 | €2,066 | +€1,307 | +172.2% |
| Financial charges | 65/66B | €451 | €1,504 | +€1,053 | +233.5% |
| Recurring financial charges | 65 | €451 | €1,504 | +€1,053 | +233.5% |
| Profit (loss) for the period before taxes | 9903 | €133,287 | €133,903 | +€616 | +0.5% |
| Income taxes | 67/77 | €39,116 | €39,117 | +€1 | 0.0% |
| Profit (loss) for the period | 9904 | €94,171 | €94,786 | +€615 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €94,171 | €94,786 | +€615 | +0.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 September 2026 via checked.be.