FH Multi-Services: 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.
FH Multi-Services
Largest movements
- Tangible fixed assets -€28,686
down €28,686 (-6.0%), from €479,404 to €450,718
of which Land and buildings: -€24,085
- Debts after one year -€25,464
down €25,464 (-7.6%), from €333,819 to €308,355
- Trade debts -€9,230
down €9,230 (-100.0%), from €9,230 to €0
- Profit (loss) carried forward +€6,227
up €6,227 (+7.9%), from €78,941 to €85,168
- Gross operating margin -€6,455
down €6,455 (-10.7%), from €60,571 to €54,116
- Taxes -€1,857
down €1,857 (-44.5%), from €4,174 to €2,317
- Financial charges -€1,186
down €1,186 (-14.4%), from €8,239 to €7,053
- Depreciation +€765
up €765 (+2.7%), from €27,921 to €28,686
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 | €492,659 | €459,650 | -€33,009 | -6.7% |
| Fixed assets | 21/28 | €479,404 | €450,718 | -€28,686 | -6.0% |
| Tangible fixed assets | 22/27 | €479,404 | €450,718 | -€28,686 | -6.0% |
| Land and buildings | 22 | €449,387 | €425,302 | -€24,085 | -5.4% |
| Plant, machinery and equipment | 23 | €29,517 | €25,211 | -€4,305 | -14.6% |
| Furniture and vehicles | 24 | €501 | €205 | -€295 | -59.0% |
| Current assets | 29/58 | €13,255 | €8,932 | -€4,323 | -32.6% |
| Amounts receivable within one year | 40/41 | €1,614 | €1,762 | +€148 | +9.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,614 | €1,762 | +€148 | +9.2% |
| Cash at bank and in hand | 54/58 | €10,581 | €6,052 | -€4,529 | -42.8% |
| Deferred charges and accrued income | 490/1 | €1,060 | €1,119 | +€59 | +5.5% |
| Total equity and liabilities | 10/49 | €492,659 | €459,650 | -€33,009 | -6.7% |
| Equity | 10/15 | €93,204 | €99,431 | +€6,227 | +6.7% |
| Contributions | 10/11 | €12,403 | €12,403 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,941 | €85,168 | +€6,227 | +7.9% |
| Amounts payable | 17/49 | €399,456 | €360,220 | -€39,236 | -9.8% |
| Amounts payable after more than one year | 17 | €333,819 | €308,355 | -€25,464 | -7.6% |
| Financial debts | 170/4 | €333,819 | €308,355 | -€25,464 | -7.6% |
| Amounts payable within one year | 42/48 | €64,998 | €51,273 | -€13,725 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €26,989 | €27,427 | +€439 | +1.6% |
| Trade debts | 44 | €9,230 | €0 | -€9,230 | -100.0% |
| Suppliers | 440/4 | €9,230 | €0 | -€9,230 | -100.0% |
| Taxes, remuneration and social security | 45 | €6,574 | €6,517 | -€57 | -0.9% |
| Taxes | 450/3 | €6,574 | €6,517 | -€57 | -0.9% |
| Other amounts payable | 47/48 | €22,205 | €17,329 | -€4,876 | -22.0% |
| Accrued charges and deferred income | 492/3 | €639 | €592 | -€47 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,921 | €28,686 | +€765 | +2.7% |
| Other operating charges | 640/8 | €9,534 | €9,833 | +€299 | +3.1% |
| Gross operating margin | 9900 | €60,571 | €54,116 | -€6,455 | -10.7% |
| Operating profit (loss) | 9901 | €23,116 | €15,597 | -€7,519 | -32.5% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €8,239 | €7,053 | -€1,186 | -14.4% |
| Recurring financial charges | 65 | €8,239 | €7,053 | -€1,186 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €14,883 | €8,544 | -€6,339 | -42.6% |
| Income taxes | 67/77 | €4,174 | €2,317 | -€1,857 | -44.5% |
| Profit (loss) for the period | 9904 | €10,709 | €6,227 | -€4,482 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,709 | €6,227 | -€4,482 | -41.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.