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MULTENS: 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

MULTENS

BE 0441.195.887
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€952
2023 · €280,837-€281,789
Equity
€642,412
2023 · €643,363-€952
Cash
€545,765
2023 · €592,240-€46,476
Balance sheet total
€950,129
2023 · €949,592+€537

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€52,567

    up €52,567 (+35.7%), from €147,334 to €199,900

    of which Trade receivables: +€54,900

  • Cash -€46,476

    down €46,476 (-7.8%), from €592,240 to €545,765

    mainly Receivables within one year (-€52,567) and Net result for the year (-€952)

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€398,593

      down €398,593 (-98.7%), from €403,864 to €5,271

    • Other operating charges -€12,737

      down €12,737 (-96.2%), from €13,242 to €505

    • Purchases and services +€5,229

      new in 2024: €5,229

    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 €280,837
    Gross operating margin -€398,593
    Other operating charges +€12,737
    Financial income -€18
    Financial charges +€783
    Deferred taxes and other +€103,302
    Result 2024 -€952

    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 -€46,476
    Investment €0
    Financing €0
    Cash 2023 €592,240
    Net result for the year -€952
    Depreciation +€5,554
    Receivables within one year -€52,567
    Trade debts +€1,150
    Other debts +€340
    Cash 2024 €545,765
    Every line side by side 42 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €949,592 €950,129 +€537 +0.1%
    Fixed assets 21/28 €210,018 €204,464 -€5,554 -2.6%
    Tangible fixed assets 22/27 €210,018 €204,464 -€5,554 -2.6%
    Land and buildings 22 €210,018 €204,464 -€5,554 -2.6%
    Current assets 29/58 €739,574 €745,665 +€6,091 +0.8%
    Amounts receivable within one year 40/41 €147,334 €199,900 +€52,567 +35.7%
    Trade receivables 40 - €54,900 +€54,900
    Other amounts receivable 41 €147,334 €145,000 -€2,333 -1.6%
    Cash at bank and in hand 54/58 €592,240 €545,765 -€46,476 -7.8%
    Total equity and liabilities 10/49 €949,592 €950,129 +€537 +0.1%
    Equity 10/15 €643,363 €642,412 -€952 -0.1%
    Contributions 10/11 €62,000 €62,000 = 0.0%
    Capital 10 €62,000 €62,000 = 0.0%
    Issued capital 100 €62,000 €62,000 = 0.0%
    Reserves 13 €492,487 €492,487 = 0.0%
    Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
    Legal reserve 130 €6,200 €6,200 = 0.0%
    Tax-exempt reserves 132 €476,287 €476,287 = 0.0%
    Distributable reserves 133 €10,000 €10,000 = 0.0%
    Profit (loss) carried forward 14 €88,877 €87,925 -€952 -1.1%
    Provisions and deferred taxes 16 €158,762 €158,762 = 0.0%
    Deferred taxes 168 €158,762 €158,762 = 0.0%
    Amounts payable 17/49 €147,466 €148,955 +€1,489 +1.0%
    Amounts payable within one year 42/48 €147,466 €148,955 +€1,489 +1.0%
    Trade debts 44 €3,404 €4,554 +€1,150 +33.8%
    Suppliers 440/4 €3,404 €4,554 +€1,150 +33.8%
    Other amounts payable 47/48 €144,062 €144,401 +€340 +0.2%
    Non-recurring operating income 76A - €10,500 +€10,500
    Goods, raw materials, services and sundry goods 60/61 - €5,229 +€5,229
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,554 €5,554 = 0.0%
    Other operating charges 640/8 €13,242 €505 -€12,737 -96.2%
    Gross operating margin 9900 €403,864 €5,271 -€398,593 -98.7%
    Operating profit (loss) 9901 €385,068 -€788 -€385,856
    Financial income 75/76B €18 - -€18
    Recurring financial income 75 €18 - -€18
    Financial charges 65/66B €947 €164 -€783 -82.7%
    Recurring financial charges 65 €947 €164 -€783 -82.7%
    Profit (loss) for the period before taxes 9903 €384,139 -€952 -€385,091
    Transfer to deferred taxes 680 €103,302 - -€103,302
    Profit (loss) for the period 9904 €280,837 -€952 -€281,789
    Transfer to tax-exempt reserves 689 €309,907 - -€309,907
    Profit (loss) for the period to be appropriated 9905 -€29,070 -€952 +€28,118 +96.7%

    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 30 September 2026 via checked.be.