MULTI BAZAR: 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
MULTI BAZAR
NACE 47.120, Other non-specialised retail sale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.1m-€8,000
Equity
€13.5m
2024 · €12.2m+€1.2m
Cash
€2.8m
2024 · €1.8m+€1.0m
Balance sheet total
€19.5m
2024 · €19.8m-€334,465
Largest movements
Assets
- Current investments -€1.6m
down €1.6m (-36.1%), from €4.4m to €2.8m
- Cash +€1.0m
up €1.0m (+56.0%), from €1.8m to €2.8m
mainly Current investments (+€1.6m) and Net result for the year (+€1.1m)
- Stocks and contracts +€422,486
up €422,486 (+5.8%), from €7.3m to €7.7m
- Receivables within one year -€270,245
down €270,245 (-13.4%), from €2.0m to €1.7m
of which Other amounts receivable: -€293,885
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+9.1%), from €11.8m to €12.9m
of which Distributable reserves: +€1.1m
- Other debts -€887,378
down €887,378 (-68.1%), from €1.3m to €414,752
- Tax, wage and social debts -€370,546
down €370,546 (-48.3%), from €767,390 to €396,845
of which Taxes: -€391,106
- Debts after one year -€316,690
down €316,690 (-17.4%), from €1.8m to €1.5m
Income statement
- Turnover +€1.7m
up €1.7m (+5.8%), from €28.6m to €30.3m
- Goods and materials +€637,515
up €637,515 (+3.5%), from €18.4m to €19.0m
of which Purchases: +€444,585
- Services and other goods +€610,711
up €610,711 (+8.9%), from €6.9m to €7.5m
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.
Result 2024
€1.1m
Turnover
+€1.7m
Other operating income
-€15,977
Goods and materials
-€637,515
Services and other goods
-€610,711
Staff costs
-€142,694
Depreciation
-€64,064
Write-downs
-€1,200
Other operating charges
+€4,976
Financial income
-€61,331
Financial charges
-€17,416
Taxes
-€113,960
Result 2025
€1.1m
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.
From operations
+€513,908
Investment
+€703,398
Financing
-€203,313
Cash 2024
€1.8m
From operations (derived)
+€513,908
Net result for the year
+€1.1m
Depreciation
+€766,435
Stocks and contracts
-€422,486
Receivables within one year
+€270,245
Deferred charges and accrued income
+€30,866
Provisions
-€3,958
Trade debts
-€25,832
Tax, wage and social debts
-€370,546
Advances received
+€91,036
Other debts
-€887,378
Accrued charges and deferred income
-€7,603
Investment (derived)
+€703,398
Investment in fixed assets (net)
-€889,313
Current investments
+€1.6m
Financing
-€203,313
Debts after one year
-€316,690
Current portion of long-term debt
-€51,317
Short-term financial debts
+€78
Contributions, distributions and other
+€164,616
Cash 2025
€2.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,796,599 | €19,462,134 | -€334,465 | -1.7% |
| Fixed assets | 21/28 | €4,152,447 | €4,275,325 | +€122,878 | +3.0% |
| Intangible fixed assets | 21 | €6,842 | €24,083 | +€17,241 | +252.0% |
| Tangible fixed assets | 22/27 | €4,138,643 | €4,244,280 | +€105,637 | +2.6% |
| Land and buildings | 22 | €2,436,541 | €2,058,582 | -€377,959 | -15.5% |
| Plant, machinery and equipment | 23 | €1,591,866 | €1,992,507 | +€400,641 | +25.2% |
| Furniture and vehicles | 24 | €110,236 | €193,191 | +€82,955 | +75.3% |
| Financial fixed assets | 28 | €6,962 | €6,962 | = | 0.0% |
| Other financial fixed assets | 284/8 | €6,962 | €6,962 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €6,962 | €6,962 | = | 0.0% |
| Current assets | 29/58 | €15,644,152 | €15,186,809 | -€457,343 | -2.9% |
| Stocks and contracts in progress | 3 | €7,276,122 | €7,698,608 | +€422,486 | +5.8% |
| Stocks | 30/36 | €7,276,122 | €7,698,608 | +€422,486 | +5.8% |
| Goods purchased for resale | 34 | €6,994,713 | €7,310,621 | +€315,908 | +4.5% |
| Advance payments | 36 | €281,408 | €387,986 | +€106,578 | +37.9% |
| Amounts receivable within one year | 40/41 | €2,016,103 | €1,745,858 | -€270,245 | -13.4% |
| Trade receivables | 40 | €834,277 | €857,916 | +€23,640 | +2.8% |
| Other amounts receivable | 41 | €1,181,826 | €887,941 | -€293,885 | -24.9% |
| Current investments | 50/53 | €4,408,413 | €2,815,702 | -€1.6m | -36.1% |
| Other investments | 51/53 | €4,408,413 | €2,815,702 | -€1.6m | -36.1% |
| Cash at bank and in hand | 54/58 | €1,811,499 | €2,825,491 | +€1.0m | +56.0% |
| Deferred charges and accrued income | 490/1 | €132,015 | €101,150 | -€30,866 | -23.4% |
| Total equity and liabilities | 10/49 | €19,796,599 | €19,462,134 | -€334,465 | -1.7% |
| Equity | 10/15 | €12,234,276 | €13,472,020 | +€1.2m | +10.1% |
| Contributions | 10/11 | €416,000 | €416,000 | = | 0.0% |
| Capital | 10 | €416,000 | €416,000 | = | 0.0% |
| Issued capital | 100 | €416,000 | €416,000 | = | 0.0% |
| Reserves | 13 | €11,818,276 | €12,891,404 | +€1.1m | +9.1% |
| Non-distributable reserves | 130/1 | €41,600 | €41,600 | = | 0.0% |
| Legal reserve | 130 | €41,600 | €41,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €483,053 | €480,143 | -€2,910 | -0.6% |
| Distributable reserves | 133 | €11,293,623 | €12,369,661 | +€1.1m | +9.5% |
| Investment grants | 15 | - | €164,616 | +€164,616 | |
| Provisions and deferred taxes | 16 | €7,547 | €3,589 | -€3,958 | -52.4% |
| Deferred taxes | 168 | €7,547 | €3,589 | -€3,958 | -52.4% |
| Amounts payable | 17/49 | €7,554,776 | €5,986,525 | -€1.6m | -20.8% |
| Amounts payable after more than one year | 17 | €1,816,749 | €1,500,060 | -€316,690 | -17.4% |
| Financial debts | 170/4 | €1,816,749 | €1,500,060 | -€316,690 | -17.4% |
| Credit institutions | 173 | €1,816,749 | €1,500,060 | -€316,690 | -17.4% |
| Amounts payable within one year | 42/48 | €5,727,922 | €4,483,964 | -€1.2m | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €368,007 | €316,690 | -€51,317 | -13.9% |
| Financial debts | 43 | €134,392 | €134,470 | +€78 | +0.1% |
| Credit institutions | 430/8 | €134,392 | €134,470 | +€78 | +0.1% |
| Trade debts | 44 | €2,472,304 | €2,446,472 | -€25,832 | -1.0% |
| Suppliers | 440/4 | €2,472,304 | €2,446,472 | -€25,832 | -1.0% |
| Advances received on contracts in progress | 46 | €683,699 | €774,736 | +€91,036 | +13.3% |
| Taxes, remuneration and social security | 45 | €767,390 | €396,845 | -€370,546 | -48.3% |
| Taxes | 450/3 | €445,912 | €54,806 | -€391,106 | -87.7% |
| Remuneration and social security | 454/9 | €321,478 | €342,039 | +€20,561 | +6.4% |
| Other amounts payable | 47/48 | €1,302,130 | €414,752 | -€887,378 | -68.1% |
| Accrued charges and deferred income | 492/3 | €10,104 | €2,501 | -€7,603 | -75.2% |
| Operating income | 70/76A | €28,731,603 | €30,367,519 | +€1.6m | +5.7% |
| Turnover | 70 | €28,601,264 | €30,253,156 | +€1.7m | +5.8% |
| Other operating income | 74 | €130,339 | €114,362 | -€15,977 | -12.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €27,681,933 | €29,133,142 | +€1.5m | +5.2% |
| Goods for resale, raw materials and consumables | 60 | €18,394,563 | €19,032,079 | +€637,515 | +3.5% |
| Purchases | 600/8 | €18,903,401 | €19,347,987 | +€444,585 | +2.4% |
| Change in stocks: decrease (increase) | 609 | -€508,838 | -€315,908 | +€192,930 | +37.9% |
| Services and other goods | 61 | €6,886,497 | €7,497,208 | +€610,711 | +8.9% |
| Remuneration, social security and pensions | 62 | €1,560,370 | €1,703,064 | +€142,694 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €702,371 | €766,435 | +€64,064 | +9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €109 | €1,309 | +€1,200 | +1100.5% |
| Other operating charges | 640/8 | €138,023 | €133,047 | -€4,976 | -3.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €1,049,670 | €1,234,377 | +€184,707 | +17.6% |
| Financial income | 75/76B | €360,626 | €299,295 | -€61,331 | -17.0% |
| Recurring financial income | 75 | €360,626 | €299,295 | -€61,331 | -17.0% |
| Income from financial fixed assets | 750 | - | €6,580 | +€6,580 | |
| Income from current assets | 751 | €141,582 | €91,583 | -€49,999 | -35.3% |
| Other financial income | 752/9 | €219,044 | €201,132 | -€17,912 | -8.2% |
| Financial charges | 65/66B | €101,149 | €118,565 | +€17,416 | +17.2% |
| Recurring financial charges | 65 | €101,149 | €118,565 | +€17,416 | +17.2% |
| Debt charges | 650 | €98,219 | €103,266 | +€5,047 | +5.1% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €2,684 | -€2,684 | -€5,369 | |
| Other financial charges | 652/9 | €246 | €17,983 | +€17,737 | +7214.0% |
| Profit (loss) for the period before taxes | 9903 | €1,309,146 | €1,415,107 | +€105,960 | +8.1% |
| Transfer from deferred taxes | 780 | €3,958 | €3,958 | = | 0.0% |
| Income taxes | 67/77 | €231,976 | €345,937 | +€113,960 | +49.1% |
| Taxes | 670/3 | €231,976 | €346,591 | +€114,614 | +49.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €654 | +€654 | |
| Profit (loss) for the period | 9904 | €1,081,128 | €1,073,128 | -€8,000 | -0.7% |
| Transfer from tax-exempt reserves | 789 | €7,686 | €7,686 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €425,776 | €4,776 | -€421,000 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €663,038 | €1,076,038 | +€413,000 | +62.3% |
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 4 October 2026 via checked.be.