Multi ActVise: 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.
Multi ActVise
Largest movements
- Cash +€25,293
up €25,293 (+24.7%), from €102,283 to €127,576
mainly Net result for the year (+€29,567) and Tax, wage and social debts (+€6,776)
- Receivables within one year +€4,164
up €4,164 (+20.0%), from €20,784 to €24,948
of which Other amounts receivable: +€4,647
- Stocks and contracts +€3,075
up €3,075 (+58.9%), from €5,224 to €8,299
- Reserves +€29,567
up €29,567 (+32.8%), from €90,085 to €119,652
- Tax, wage and social debts +€6,776
up €6,776 (+41.7%), from €16,252 to €23,029
- Debts after one year -€4,356
down €4,356 (-49.8%), from €8,755 to €4,399
- Other debts -€1,859
down €1,859 (-100.0%), from €1,859 to €0
- Gross operating margin +€22,261
up €22,261 (+98.3%), from €22,653 to €44,914
- Taxes +€5,405
up €5,405 (+69.6%), from €7,765 to €13,170
- Other operating charges +€462
up €462 (+46.9%), from €985 to €1,448
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 | €130,153 | €162,144 | +€31,990 | +24.6% |
| Fixed assets | 21/28 | €1,863 | €1,191 | -€671 | -36.0% |
| Tangible fixed assets | 22/27 | €1,863 | €1,191 | -€671 | -36.0% |
| Furniture and vehicles | 24 | €1,863 | €1,191 | -€671 | -36.0% |
| Current assets | 29/58 | €128,290 | €160,952 | +€32,662 | +25.5% |
| Stocks and contracts in progress | 3 | €5,224 | €8,299 | +€3,075 | +58.9% |
| Stocks | 30/36 | €5,224 | €8,299 | +€3,075 | +58.9% |
| Amounts receivable within one year | 40/41 | €20,784 | €24,948 | +€4,164 | +20.0% |
| Trade receivables | 40 | €20,497 | €20,014 | -€483 | -2.4% |
| Other amounts receivable | 41 | €287 | €4,934 | +€4,647 | +1620.4% |
| Cash at bank and in hand | 54/58 | €102,283 | €127,576 | +€25,293 | +24.7% |
| Deferred charges and accrued income | 490/1 | - | €129 | +€129 | |
| Total equity and liabilities | 10/49 | €130,153 | €162,144 | +€31,990 | +24.6% |
| Equity | 10/15 | €91,085 | €120,652 | +€29,567 | +32.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €90,085 | €119,652 | +€29,567 | +32.8% |
| Distributable reserves | 133 | €90,085 | €119,652 | +€29,567 | +32.8% |
| Amounts payable | 17/49 | €39,068 | €41,492 | +€2,424 | +6.2% |
| Amounts payable after more than one year | 17 | €8,755 | €4,399 | -€4,356 | -49.8% |
| Financial debts | 170/4 | €8,755 | €4,399 | -€4,356 | -49.8% |
| Amounts payable within one year | 42/48 | €30,313 | €35,742 | +€5,430 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €4,313 | €4,356 | +€43 | +1.0% |
| Trade debts | 44 | €7,889 | €8,358 | +€469 | +5.9% |
| Suppliers | 440/4 | €7,889 | €8,358 | +€469 | +5.9% |
| Taxes, remuneration and social security | 45 | €16,252 | €23,029 | +€6,776 | +41.7% |
| Taxes | 450/3 | €16,252 | €23,029 | +€6,776 | +41.7% |
| Other amounts payable | 47/48 | €1,859 | €0 | -€1,859 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,350 | +€1,350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | €671 | -€1 | -0.2% |
| Other operating charges | 640/8 | €985 | €1,448 | +€462 | +46.9% |
| Gross operating margin | 9900 | €22,653 | €44,914 | +€22,261 | +98.3% |
| Operating profit (loss) | 9901 | €20,995 | €42,795 | +€21,800 | +103.8% |
| Financial income | 75/76B | €0 | €147 | +€147 | +209985.7% |
| Recurring financial income | 75 | €0 | €147 | +€147 | +209985.7% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €222 | €206 | -€16 | -7.2% |
| Recurring financial charges | 65 | €222 | €206 | -€16 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €20,774 | €42,736 | +€21,963 | +105.7% |
| Income taxes | 67/77 | €7,765 | €13,170 | +€5,405 | +69.6% |
| Profit (loss) for the period | 9904 | €13,008 | €29,567 | +€16,558 | +127.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,008 | €29,567 | +€16,558 | +127.3% |
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 29 September 2026 via checked.be.