Ateliers MULTIBOIS: 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.
Ateliers MULTIBOIS
Largest movements
- Tangible fixed assets -€31,347
down €31,347 (-21.7%), from €144,683 to €113,337
- Stocks and contracts -€5,838
down €5,838 (-21.7%), from €26,962 to €21,124
- Cash +€4,938
up €4,938 (+4.5%), from €110,583 to €115,521
mainly Other debts (+€54,316) and Depreciation (+€31,947)
- Receivables within one year -€4,249
down €4,249 (-10.1%), from €41,953 to €37,704
of which Other amounts receivable: -€8,848
- Reserves -€67,948
down €67,948 (-38.8%), from €175,206 to €107,258
of which Distributable reserves: -€67,948
- Other debts +€54,316
up €54,316 (+256%), from €21,221 to €75,537
- Profit (loss) carried forward -€17,723
down €17,723, from €13,092 to -€4,631
- Current portion of long-term debt -€6,755
down €6,755 (-55.9%), from €12,094 to €5,339
- Debts after one year -€5,339
down €5,339 (-62.4%), from €8,551 to €3,212
- Staff costs +€32,264
up €32,264 (+30.7%), from €105,075 to €137,339
- Gross operating margin -€17,756
down €17,756 (-9.8%), from €181,821 to €164,065
- Taxes -€3,219
down €3,219 (-96.0%), from €3,352 to €133
- Write-downs +€3,127
up €3,127 (+27.9%), from €11,200 to €14,327
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 | €326,545 | €289,413 | -€37,132 | -11.4% |
| Fixed assets | 21/28 | €145,663 | €113,716 | -€31,947 | -21.9% |
| Intangible fixed assets | 21 | €979 | €379 | -€600 | -61.3% |
| Tangible fixed assets | 22/27 | €144,683 | €113,337 | -€31,347 | -21.7% |
| Plant, machinery and equipment | 23 | €62,173 | €48,119 | -€14,054 | -22.6% |
| Furniture and vehicles | 24 | €13,205 | €7,806 | -€5,399 | -40.9% |
| Other tangible fixed assets | 26 | €69,305 | €57,412 | -€11,893 | -17.2% |
| Current assets | 29/58 | €180,882 | €175,697 | -€5,185 | -2.9% |
| Stocks and contracts in progress | 3 | €26,962 | €21,124 | -€5,838 | -21.7% |
| Stocks | 30/36 | €26,962 | €21,124 | -€5,838 | -21.7% |
| Amounts receivable within one year | 40/41 | €41,953 | €37,704 | -€4,249 | -10.1% |
| Trade receivables | 40 | €33,105 | €37,704 | +€4,598 | +13.9% |
| Other amounts receivable | 41 | €8,848 | - | -€8,848 | |
| Cash at bank and in hand | 54/58 | €110,583 | €115,521 | +€4,938 | +4.5% |
| Deferred charges and accrued income | 490/1 | €1,384 | €1,349 | -€35 | -2.5% |
| Total equity and liabilities | 10/49 | €326,545 | €289,413 | -€37,132 | -11.4% |
| Equity | 10/15 | €250,298 | €164,627 | -€85,671 | -34.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | - | -€62,000 | |
| Other | 1109/19 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €175,206 | €107,258 | -€67,948 | -38.8% |
| Tax-exempt reserves | 132 | €122 | €122 | = | 0.0% |
| Distributable reserves | 133 | €175,084 | €107,136 | -€67,948 | -38.8% |
| Profit (loss) carried forward | 14 | €13,092 | -€4,631 | -€17,723 | |
| Amounts payable | 17/49 | €76,247 | €124,787 | +€48,540 | +63.7% |
| Amounts payable after more than one year | 17 | €8,551 | €3,212 | -€5,339 | -62.4% |
| Financial debts | 170/4 | €8,551 | €3,212 | -€5,339 | -62.4% |
| Amounts payable within one year | 42/48 | €67,696 | €121,575 | +€53,879 | +79.6% |
| Current portion of amounts payable after more than one year | 42 | €12,094 | €5,339 | -€6,755 | -55.9% |
| Trade debts | 44 | €16,187 | €18,516 | +€2,329 | +14.4% |
| Suppliers | 440/4 | €16,187 | €18,516 | +€2,329 | +14.4% |
| Taxes, remuneration and social security | 45 | €18,194 | €22,183 | +€3,989 | +21.9% |
| Taxes | 450/3 | €5,855 | €6,268 | +€413 | +7.1% |
| Remuneration and social security | 454/9 | €12,339 | €15,915 | +€3,576 | +29.0% |
| Other amounts payable | 47/48 | €21,221 | €75,537 | +€54,316 | +256% |
| Remuneration, social security and pensions | 62 | €105,075 | €137,339 | +€32,264 | +30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,100 | €31,947 | -€153 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,200 | €14,327 | +€3,127 | +27.9% |
| Other operating charges | 640/8 | €713 | €609 | -€103 | -14.5% |
| Gross operating margin | 9900 | €181,821 | €164,065 | -€17,756 | -9.8% |
| Operating profit (loss) | 9901 | €32,733 | -€20,158 | -€52,891 | |
| Financial income | 75/76B | €3,953 | €3,227 | -€726 | -18.4% |
| Recurring financial income | 75 | €3,953 | €3,227 | -€726 | -18.4% |
| Financial charges | 65/66B | €1,092 | €660 | -€433 | -39.6% |
| Recurring financial charges | 65 | €1,092 | €660 | -€433 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €35,594 | -€17,590 | -€53,184 | |
| Income taxes | 67/77 | €3,352 | €133 | -€3,219 | -96.0% |
| Profit (loss) for the period | 9904 | €32,241 | -€17,723 | -€49,965 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,241 | -€17,723 | -€49,965 |
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 28 October 2026 via checked.be.