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DB Multitravaux: 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.

What changed

DB Multitravaux

BE 0803.728.439
NACE 43.910, Bricklaying and masonry work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€24,649
2023 · €9,864+€14,785
Equity
€35,496
2023 · €10,864+€24,632
Cash
€10,201
2023 · €8,375+€1,826
Balance sheet total
€158,520
2023 · €36,051+€122,469

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€118,799

    up €118,799 (+932.4%), from €12,741 to €131,540

    of which Other amounts receivable: +€71,298

  • Tangible fixed assets +€1,974

    up €1,974 (+13.9%), from €14,202 to €16,175

    of which Plant, machinery and equipment: +€2,236

  • Cash +€1,826

    up €1,826 (+21.8%), from €8,375 to €10,201

    mainly Trade debts (+€83,864) and Net result for the year (+€24,649)

Equity and liabilities
  • Trade debts +€83,864

    up €83,864 (+1141.8%), from €7,345 to €91,209

  • Profit (loss) carried forward +€24,632

    up €24,632 (+249.7%), from €9,864 to €34,496

  • Tax, wage and social debts +€11,205

    up €11,205 (+339.6%), from €3,299 to €14,505

    of which Taxes: +€8,912

  • Accrued charges and deferred income +€8,149

    up €8,149 (+1629.9%), from €500 to €8,649

  • Debts after one year -€5,094

    down €5,094 (-58.8%), from €8,661 to €3,567

Income statement
  • Gross operating margin +€57,469

    up €57,469 (+366.3%), from €15,689 to €73,158

  • Staff costs +€34,607

    new in 2024: €34,607

  • Taxes +€5,515

    up €5,515 (+167.2%), from €3,299 to €8,814

  • Depreciation +€3,030

    up €3,030 (+182.1%), from €1,665 to €4,695

  • Financial income +€1,332

    up €1,332 (+34160.0%), from €4 to €1,336

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €9,864
Gross operating margin +€57,469
Staff costs -€34,607
Depreciation -€3,030
Other operating charges -€358
Financial income +€1,332
Financial charges -€505
Taxes -€5,515
Result 2024 €24,649

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€13,313
Investment -€6,669
Financing -€4,818
Cash 2023 €8,375
Net result for the year +€24,649
Depreciation +€4,695
Receivables within one year -€118,799
Deferred charges and accrued income +€129
Trade debts +€83,864
Tax, wage and social debts +€11,205
Other debts -€581
Accrued charges and deferred income +€8,149
Investment in fixed assets (net) -€6,669
Debts after one year -€5,094
Current portion of long-term debt +€294
Contributions, distributions and other -€18
Cash 2024 €10,201
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €36,051 €158,520 +€122,469 +339.7%
Fixed assets 21/28 €14,202 €16,175 +€1,974 +13.9%
Tangible fixed assets 22/27 €14,202 €16,175 +€1,974 +13.9%
Plant, machinery and equipment 23 - €2,236 +€2,236
Furniture and vehicles 24 €14,202 €13,940 -€262 -1.8%
Current assets 29/58 €21,849 €142,344 +€120,495 +551.5%
Amounts receivable within one year 40/41 €12,741 €131,540 +€118,799 +932.4%
Trade receivables 40 €7,809 €55,310 +€47,501 +608.3%
Other amounts receivable 41 €4,932 €76,230 +€71,298 +1445.6%
Cash at bank and in hand 54/58 €8,375 €10,201 +€1,826 +21.8%
Deferred charges and accrued income 490/1 €733 €603 -€129 -17.7%
Total equity and liabilities 10/49 €36,051 €158,520 +€122,469 +339.7%
Equity 10/15 €10,864 €35,496 +€24,632 +226.7%
Contributions 10/11 €1,000 €1,000 = 0.0%
Profit (loss) carried forward 14 €9,864 €34,496 +€24,632 +249.7%
Amounts payable 17/49 €25,187 €123,024 +€97,837 +388.4%
Amounts payable after more than one year 17 €8,661 €3,567 -€5,094 -58.8%
Financial debts 170/4 €8,661 €3,567 -€5,094 -58.8%
Amounts payable within one year 42/48 €16,026 €110,808 +€94,782 +591.4%
Current portion of amounts payable after more than one year 42 €4,801 €5,094 +€294 +6.1%
Trade debts 44 €7,345 €91,209 +€83,864 +1141.8%
Suppliers 440/4 €7,345 €91,209 +€83,864 +1141.8%
Taxes, remuneration and social security 45 €3,299 €14,505 +€11,205 +339.6%
Taxes 450/3 €3,299 €12,211 +€8,912 +270.1%
Remuneration and social security 454/9 - €2,294 +€2,294
Other amounts payable 47/48 €581 - -€581
Accrued charges and deferred income 492/3 €500 €8,649 +€8,149 +1629.9%
Remuneration, social security and pensions 62 - €34,607 +€34,607
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,665 €4,695 +€3,030 +182.1%
Other operating charges 640/8 €347 €706 +€358 +103.2%
Gross operating margin 9900 €15,689 €73,158 +€57,469 +366.3%
Operating profit (loss) 9901 €13,677 €33,151 +€19,473 +142.4%
Financial income 75/76B €4 €1,336 +€1,332 +34160.0%
Recurring financial income 75 €4 €1,336 +€1,332 +34160.0%
Financial charges 65/66B €518 €1,023 +€505 +97.5%
Recurring financial charges 65 €518 €1,023 +€505 +97.5%
Profit (loss) for the period before taxes 9903 €13,163 €33,464 +€20,301 +154.2%
Income taxes 67/77 €3,299 €8,814 +€5,515 +167.2%
Profit (loss) for the period 9904 €9,864 €24,649 +€14,785 +149.9%
Profit (loss) for the period to be appropriated 9905 €9,864 €24,649 +€14,785 +149.9%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.