Multi: what changed
What changed
Multi
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€158,717
2024 · -€4,476+€163,193
Equity
€1.4m
2024 · €1.2m+€158,717
Cash
€10,655
2024 · €16,723-€6,068
Balance sheet total
€7.1m
2024 · €6.6m+€453,834
Largest movements
Assets
- Receivables within one year +€589,309
up €589,309 (+33.5%), from €1.8m to €2.3m
of which Other amounts receivable: +€498,248
Equity and liabilities
- Short-term financial debts +€924,670
up €924,670 (+52.0%), from €1.8m to €2.7m
- Other debts -€429,374
down €429,374 (-41.9%), from €1.0m to €596,037
- Debts after one year -€298,684
down €298,684 (-16.1%), from €1.9m to €1.6m
- Profit (loss) carried forward +€170,142
up €170,142 (+124%), from €137,293 to €307,435
- Tax, wage and social debts +€71,241
up €71,241 (+53.2%), from €133,889 to €205,130
of which Taxes: +€65,621
Income statement
- Gross operating margin +€252,454
up €252,454 (+63.7%), from €396,121 to €648,575
- Taxes +€67,711
up €67,711 (+1,178%), from €5,747 to €73,457
- Depreciation -€38,238
down €38,238 (-22.6%), from €168,965 to €130,727
- Financial charges +€37,681
up €37,681 (+30.4%), from €123,825 to €161,505
- Other operating charges +€15,406
up €15,406 (+23.0%), from €67,012 to €82,418
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€4,476
Gross operating margin
+€252,454
Staff costs
-€5,154
Depreciation
+€38,238
Other operating charges
-€15,406
Financial income
-€1,548
Financial charges
-€37,681
Taxes
-€67,711
Result 2025
€158,717
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€561,530
Investment
-€67,397
Financing
+€622,859
Cash 2024
€16,723
From operations (derived)
-€561,530
Net result for the year
+€158,717
Depreciation
+€130,727
Receivables after one year
+€68,769
Receivables within one year
-€589,309
Deferred charges and accrued income
-€2,693
Provisions
-€3,808
Trade debts
+€10,410
Tax, wage and social debts
+€71,241
Other debts
-€429,374
Accrued charges and deferred income
+€23,788
Investment (derived)
-€67,397
Investment in fixed assets (net)
-€67,397
Financing
+€622,859
Debts after one year
-€298,684
Current portion of long-term debt
-€3,127
Short-term financial debts
+€924,670
Cash 2025
€10,655
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,631,329 | €7,085,164 | +€453,834 | +6.8% |
| Fixed assets | 21/28 | €4,272,638 | €4,209,308 | -€63,330 | -1.5% |
| Tangible fixed assets | 22/27 | €4,262,638 | €4,199,308 | -€63,330 | -1.5% |
| Land and buildings | 22 | €4,229,635 | €4,172,816 | -€56,819 | -1.3% |
| Plant, machinery and equipment | 23 | €32,064 | €25,861 | -€6,203 | -19.3% |
| Furniture and vehicles | 24 | €939 | €632 | -€308 | -32.8% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €2,358,691 | €2,875,855 | +€517,165 | +21.9% |
| Amounts receivable after more than one year | 29 | €548,574 | €479,805 | -€68,769 | -12.5% |
| Other amounts receivable | 291 | €548,574 | €479,805 | -€68,769 | -12.5% |
| Amounts receivable within one year | 40/41 | €1,758,521 | €2,347,830 | +€589,309 | +33.5% |
| Trade receivables | 40 | €346,493 | €437,554 | +€91,061 | +26.3% |
| Other amounts receivable | 41 | €1,412,027 | €1,910,276 | +€498,248 | +35.3% |
| Current investments | 50/53 | €494 | €494 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,723 | €10,655 | -€6,068 | -36.3% |
| Deferred charges and accrued income | 490/1 | €34,379 | €37,072 | +€2,693 | +7.8% |
| Total equity and liabilities | 10/49 | €6,631,329 | €7,085,164 | +€453,834 | +6.8% |
| Equity | 10/15 | €1,235,410 | €1,394,128 | +€158,717 | +12.8% |
| Contributions | 10/11 | €550,752 | €550,752 | = | 0.0% |
| Capital | 10 | - | €550,752 | +€550,752 | |
| Issued capital | 100 | - | €550,752 | +€550,752 | |
| Reserves | 13 | €547,366 | €535,941 | -€11,425 | -2.1% |
| Tax-exempt reserves | 132 | €273,791 | €262,367 | -€11,425 | -4.2% |
| Distributable reserves | 133 | €273,574 | €273,574 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,293 | €307,435 | +€170,142 | +124% |
| Provisions and deferred taxes | 16 | €91,264 | €87,456 | -€3,808 | -4.2% |
| Provisions for liabilities and charges | 160/5 | - | €87,456 | +€87,456 | |
| Major repairs and maintenance | 162 | - | €87,456 | +€87,456 | |
| Deferred taxes | 168 | €91,264 | - | -€91,264 | |
| Amounts payable | 17/49 | €5,304,655 | €5,603,580 | +€298,925 | +5.6% |
| Amounts payable after more than one year | 17 | €1,857,528 | €1,558,844 | -€298,684 | -16.1% |
| Financial debts | 170/4 | €1,857,528 | €1,558,844 | -€298,684 | -16.1% |
| Amounts payable within one year | 42/48 | €3,347,161 | €3,920,982 | +€573,821 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €301,811 | €298,684 | -€3,127 | -1.0% |
| Financial debts | 43 | €1,777,828 | €2,702,499 | +€924,670 | +52.0% |
| Credit institutions | 430/8 | €1,777,828 | €2,702,499 | +€924,670 | +52.0% |
| Trade debts | 44 | €108,222 | €118,632 | +€10,410 | +9.6% |
| Suppliers | 440/4 | €108,222 | €118,632 | +€10,410 | +9.6% |
| Taxes, remuneration and social security | 45 | €133,889 | €205,130 | +€71,241 | +53.2% |
| Taxes | 450/3 | €113,732 | €179,353 | +€65,621 | +57.7% |
| Remuneration and social security | 454/9 | €20,157 | €25,777 | +€5,620 | +27.9% |
| Other amounts payable | 47/48 | €1,025,411 | €596,037 | -€429,374 | -41.9% |
| Accrued charges and deferred income | 492/3 | €99,967 | €123,755 | +€23,788 | +23.8% |
| Non-recurring operating income | 76A | - | €1,224 | +€1,224 | |
| Remuneration, social security and pensions | 62 | €58,372 | €63,526 | +€5,154 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,965 | €130,727 | -€38,238 | -22.6% |
| Other operating charges | 640/8 | €67,012 | €82,418 | +€15,406 | +23.0% |
| Gross operating margin | 9900 | €396,121 | €648,575 | +€252,454 | +63.7% |
| Operating profit (loss) | 9901 | €101,771 | €371,903 | +€270,132 | +265% |
| Financial income | 75/76B | €19,517 | €17,969 | -€1,548 | -7.9% |
| Recurring financial income | 75 | €19,517 | €17,969 | -€1,548 | -7.9% |
| Financial charges | 65/66B | €123,825 | €161,505 | +€37,681 | +30.4% |
| Recurring financial charges | 65 | €123,825 | €161,505 | +€37,681 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,537 | €228,367 | +€230,904 | |
| Transfer from deferred taxes | 780 | €3,808 | €3,808 | = | 0.0% |
| Income taxes | 67/77 | €5,747 | €73,457 | +€67,711 | +1,178% |
| Profit (loss) for the period | 9904 | -€4,476 | €158,717 | +€163,193 | |
| Transfer from tax-exempt reserves | 789 | €11,425 | €11,425 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,949 | €170,142 | +€163,193 | +2,348% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.