MULTI BOUW CONCEPTS: 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.
MULTI BOUW CONCEPTS
Largest movements
- Receivables within one year +€111,881
up €111,881 (+80.0%), from €139,921 to €251,802
of which Trade receivables: +€86,245
- Stocks and contracts -€54,070
down €54,070 (-72.0%), from €75,120 to €21,050
- Tangible fixed assets +€45,159
up €45,159 (+805.3%), from €5,608 to €50,767
of which Furniture and vehicles: +€46,064
- Cash -€9,448
down €9,448 (-47.9%), from €19,743 to €10,296
mainly Receivables within one year (-€111,881) and Investment in fixed assets (net) (-€53,655)
- Debts after one year +€46,286
up €46,286, from €0 to €46,286
- Reserves +€37,789
up €37,789 (+41.4%), from €91,377 to €129,166
of which Distributable reserves: +€37,789
- Trade debts +€20,000
up €20,000, from €0 to €20,000
- Tax, wage and social debts +€19,293
up €19,293 (+98.9%), from €19,512 to €38,805
- Other debts -€16,391
down €16,391 (-62.1%), from €26,391 to €10,000
- Gross operating margin +€31,509
up €31,509 (+140.8%), from €22,381 to €53,891
- Financial income +€8,463
up €8,463 (+12090571.4%), from €0 to €8,463
- Depreciation +€7,216
up €7,216 (+563.8%), from €1,280 to €8,496
- Taxes -€2,791
down €2,791 (-38.1%), from €7,325 to €4,534
- Other operating charges +€2,426
up €2,426 (+119.2%), from €2,034 to €4,460
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 | €240,892 | €334,414 | +€93,523 | +38.8% |
| Fixed assets | 21/28 | €6,108 | €51,267 | +€45,159 | +739.4% |
| Tangible fixed assets | 22/27 | €5,608 | €50,767 | +€45,159 | +805.3% |
| Plant, machinery and equipment | 23 | €900 | €600 | -€300 | -33.3% |
| Furniture and vehicles | 24 | €839 | €46,903 | +€46,064 | +5492.4% |
| Other tangible fixed assets | 26 | €3,869 | €3,264 | -€605 | -15.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €234,784 | €283,148 | +€48,364 | +20.6% |
| Stocks and contracts in progress | 3 | €75,120 | €21,050 | -€54,070 | -72.0% |
| Stocks | 30/36 | €75,120 | €21,050 | -€54,070 | -72.0% |
| Amounts receivable within one year | 40/41 | €139,921 | €251,802 | +€111,881 | +80.0% |
| Trade receivables | 40 | €139,921 | €226,165 | +€86,245 | +61.6% |
| Other amounts receivable | 41 | - | €25,636 | +€25,636 | |
| Cash at bank and in hand | 54/58 | €19,743 | €10,296 | -€9,448 | -47.9% |
| Total equity and liabilities | 10/49 | €240,892 | €334,414 | +€93,523 | +38.8% |
| Equity | 10/15 | €109,977 | €147,766 | +€37,789 | +34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,377 | €129,166 | +€37,789 | +41.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,517 | €127,306 | +€37,789 | +42.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €130,915 | €186,648 | +€55,733 | +42.6% |
| Amounts payable after more than one year | 17 | €0 | €46,286 | +€46,286 | |
| Financial debts | 170/4 | €0 | €46,286 | +€46,286 | |
| Amounts payable within one year | 42/48 | €130,915 | €140,362 | +€9,447 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €85,013 | €71,558 | -€13,455 | -15.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €0 | €20,000 | +€20,000 | |
| Suppliers | 440/4 | €0 | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | €19,512 | €38,805 | +€19,293 | +98.9% |
| Taxes | 450/3 | €19,512 | €38,805 | +€19,293 | +98.9% |
| Other amounts payable | 47/48 | €26,391 | €10,000 | -€16,391 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,280 | €8,496 | +€7,216 | +563.8% |
| Other operating charges | 640/8 | €2,034 | €4,460 | +€2,426 | +119.2% |
| Gross operating margin | 9900 | €22,381 | €53,891 | +€31,509 | +140.8% |
| Operating profit (loss) | 9901 | €19,067 | €40,934 | +€21,868 | +114.7% |
| Financial income | 75/76B | €0 | €8,463 | +€8,463 | +12090571.4% |
| Recurring financial income | 75 | €0 | €8,463 | +€8,463 | +12090571.4% |
| Financial charges | 65/66B | €6,734 | €7,075 | +€341 | +5.1% |
| Recurring financial charges | 65 | €6,734 | €7,075 | +€341 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | €12,333 | €42,323 | +€29,990 | +243.2% |
| Income taxes | 67/77 | €7,325 | €4,534 | -€2,791 | -38.1% |
| Profit (loss) for the period | 9904 | €5,008 | €37,789 | +€32,782 | +654.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,008 | €37,789 | +€32,782 | +654.6% |
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 10 October 2026 via checked.be.