F.R.S. Multi Services: 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.
F.R.S. Multi Services
Largest movements
- Receivables within one year -€115,832
down €115,832 (-60.6%), from €191,165 to €75,333
- Tangible fixed assets -€10,480
down €10,480 (-11.6%), from €90,685 to €80,205
- Trade debts -€83,430
down €83,430 (-90.8%), from €91,869 to €8,439
- Profit (loss) carried forward -€40,701
down €40,701 (-22.9%), from €177,653 to €136,952
- Gross operating margin -€184,524
down €184,524 (-97.7%), from €188,819 to €4,295
- Depreciation +€38,915
up €38,915 (+2,959%), from €1,315 to €40,230
- Other operating charges +€3,291
up €3,291 (+378%), from €871 to €4,162
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 | €291,477 | €164,806 | -€126,671 | -43.5% |
| Fixed assets | 21/28 | €99,685 | €89,205 | -€10,480 | -10.5% |
| Tangible fixed assets | 22/27 | €90,685 | €80,205 | -€10,480 | -11.6% |
| Furniture and vehicles | 24 | €90,685 | €80,205 | -€10,480 | -11.6% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €191,792 | €75,601 | -€116,191 | -60.6% |
| Amounts receivable within one year | 40/41 | €191,165 | €75,333 | -€115,832 | -60.6% |
| Trade receivables | 40 | €191,165 | €75,333 | -€115,832 | -60.6% |
| Cash at bank and in hand | 54/58 | €627 | €268 | -€359 | -57.3% |
| Total equity and liabilities | 10/49 | €291,477 | €164,806 | -€126,671 | -43.5% |
| Equity | 10/15 | €181,653 | €140,952 | -€40,701 | -22.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €177,653 | €136,952 | -€40,701 | -22.9% |
| Amounts payable | 17/49 | €109,824 | €23,854 | -€85,970 | -78.3% |
| Amounts payable within one year | 42/48 | €109,824 | €23,854 | -€85,970 | -78.3% |
| Trade debts | 44 | €91,869 | €8,439 | -€83,430 | -90.8% |
| Suppliers | 440/4 | €91,869 | €8,439 | -€83,430 | -90.8% |
| Taxes, remuneration and social security | 45 | €17,955 | €15,415 | -€2,540 | -14.1% |
| Taxes | 450/3 | €17,955 | €15,415 | -€2,540 | -14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,315 | €40,230 | +€38,915 | +2,959% |
| Other operating charges | 640/8 | €871 | €4,162 | +€3,291 | +378% |
| Gross operating margin | 9900 | €188,819 | €4,295 | -€184,524 | -97.7% |
| Operating profit (loss) | 9901 | €186,633 | -€40,097 | -€226,730 | |
| Financial charges | 65/66B | €344 | €604 | +€260 | +75.6% |
| Recurring financial charges | 65 | €344 | €604 | +€260 | +75.6% |
| Profit (loss) for the period before taxes | 9903 | €186,289 | -€40,701 | -€226,990 | |
| Profit (loss) for the period | 9904 | €186,289 | -€40,701 | -€226,990 | |
| Profit (loss) for the period to be appropriated | 9905 | €186,289 | -€40,701 | -€226,990 |
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 24 October 2026 via checked.be.