MB-Multibouw: 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.
MB-Multibouw
Largest movements
- Cash -€12,801
down €12,801 (-89.8%), from €14,261 to €1,460
mainly Net result for the year (-€10,548) and Current portion of long-term debt (-€8,110)
- Receivables within one year -€3,046
down €3,046 (-24.9%), from €12,218 to €9,172
of which Trade receivables: -€2,177
- Tangible fixed assets -€2,646
down €2,646 (-34.3%), from €7,723 to €5,077
of which Furniture and vehicles: -€3,096
- Reserves -€12,051
down €12,051 (-94.8%), from €12,713 to €662
- Other debts +€8,744
new in 2025: €8,744
- Current portion of long-term debt -€8,110
no longer reported in 2025 (was €8,110)
- Trade debts -€7,871
down €7,871 (-84.7%), from €9,288 to €1,417
- Profit (loss) carried forward +€1,502
no longer reported in 2025 (was -€1,502)
- Gross operating margin -€29,505
down €29,505, from €25,947 to -€3,558
- Financial charges -€2,395
down €2,395 (-77.8%), from €3,079 to €684
- Depreciation +€626
up €626 (+13.0%), from €4,825 to €5,451
- Taxes -€362
no longer reported in 2025 (was €362)
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 | €40,122 | €21,231 | -€18,890 | -47.1% |
| Fixed assets | 21/28 | €7,723 | €5,077 | -€2,646 | -34.3% |
| Tangible fixed assets | 22/27 | €7,723 | €5,077 | -€2,646 | -34.3% |
| Plant, machinery and equipment | 23 | €3,378 | €3,828 | +€450 | +13.3% |
| Furniture and vehicles | 24 | €4,345 | €1,249 | -€3,096 | -71.2% |
| Current assets | 29/58 | €32,398 | €16,154 | -€16,244 | -50.1% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,218 | €9,172 | -€3,046 | -24.9% |
| Trade receivables | 40 | €11,077 | €8,900 | -€2,177 | -19.7% |
| Other amounts receivable | 41 | €1,141 | €272 | -€869 | -76.1% |
| Cash at bank and in hand | 54/58 | €14,261 | €1,460 | -€12,801 | -89.8% |
| Deferred charges and accrued income | 490/1 | €919 | €521 | -€397 | -43.3% |
| Total equity and liabilities | 10/49 | €40,122 | €21,231 | -€18,890 | -47.1% |
| Equity | 10/15 | €14,211 | €3,662 | -€10,548 | -74.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,713 | €662 | -€12,051 | -94.8% |
| Distributable reserves | 133 | €12,713 | €662 | -€12,051 | -94.8% |
| Profit (loss) carried forward | 14 | -€1,502 | - | +€1,502 | |
| Amounts payable | 17/49 | €25,911 | €17,569 | -€8,342 | -32.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €25,703 | €17,507 | -€8,197 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €8,110 | - | -€8,110 | |
| Trade debts | 44 | €9,288 | €1,417 | -€7,871 | -84.7% |
| Suppliers | 440/4 | €9,288 | €1,417 | -€7,871 | -84.7% |
| Taxes, remuneration and social security | 45 | €8,305 | €7,346 | -€959 | -11.5% |
| Taxes | 450/3 | €8,305 | €7,346 | -€959 | -11.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €8,744 | +€8,744 | |
| Accrued charges and deferred income | 492/3 | €207 | €62 | -€145 | -70.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,825 | €5,451 | +€626 | +13.0% |
| Other operating charges | 640/8 | €950 | €968 | +€19 | +2.0% |
| Non-recurring operating charges | 66A | €18,350 | - | -€18,350 | |
| Gross operating margin | 9900 | €25,947 | -€3,558 | -€29,505 | |
| Operating profit (loss) | 9901 | €1,823 | -€9,977 | -€11,800 | |
| Financial income | 75/76B | €117 | €113 | -€4 | -3.1% |
| Recurring financial income | 75 | €117 | €113 | -€4 | -3.1% |
| Financial charges | 65/66B | €3,079 | €684 | -€2,395 | -77.8% |
| Recurring financial charges | 65 | €3,079 | €684 | -€2,395 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,140 | -€10,548 | -€9,408 | -825% |
| Income taxes | 67/77 | €362 | - | -€362 | |
| Profit (loss) for the period | 9904 | -€1,502 | -€10,548 | -€9,046 | -602% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,502 | -€10,548 | -€9,046 | -602% |
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 15 October 2026 via checked.be.