Multi Check: 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 Check
Largest movements
- Receivables within one year +€94,629
up €94,629 (+344.3%), from €27,486 to €122,115
of which Other amounts receivable: +€83,723
- Cash +€18,263
up €18,263 (+44.3%), from €41,198 to €59,461
mainly Net result for the year (+€73,900) and Tax, wage and social debts (+€37,200)
- Tangible fixed assets +€6,253
up €6,253 (+572.9%), from €1,091 to €7,344
of which Plant, machinery and equipment: +€3,286
- Profit (loss) carried forward +€73,900
up €73,900 (+180.2%), from €41,021 to €114,921
- Tax, wage and social debts +€37,200
up €37,200 (+167.8%), from €22,164 to €59,364
of which Taxes: +€23,351
- Debts after one year +€7,173
new in 2025: €7,173
- Current portion of long-term debt +€3,881
new in 2025: €3,881
- Trade debts -€3,665
down €3,665 (-71.8%), from €5,107 to €1,442
- Gross operating margin +€72,963
up €72,963 (+104.7%), from €69,698 to €142,661
- Staff costs +€31,958
up €31,958 (+180.0%), from €17,759 to €49,716
- Taxes +€8,437
up €8,437 (+81.9%), from €10,298 to €18,735
- Financial income +€1,450
new in 2025: €1,450
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 | €71,292 | €190,130 | +€118,837 | +166.7% |
| Fixed assets | 21/28 | €2,422 | €8,553 | +€6,131 | +253.1% |
| Intangible fixed assets | 21 | €1,181 | €1,059 | -€122 | -10.3% |
| Tangible fixed assets | 22/27 | €1,091 | €7,344 | +€6,253 | +572.9% |
| Plant, machinery and equipment | 23 | - | €3,286 | +€3,286 | |
| Furniture and vehicles | 24 | €1,091 | €4,059 | +€2,967 | +271.8% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €68,870 | €181,577 | +€112,707 | +163.7% |
| Amounts receivable within one year | 40/41 | €27,486 | €122,115 | +€94,629 | +344.3% |
| Trade receivables | 40 | €27,486 | €38,392 | +€10,906 | +39.7% |
| Other amounts receivable | 41 | - | €83,723 | +€83,723 | |
| Cash at bank and in hand | 54/58 | €41,198 | €59,461 | +€18,263 | +44.3% |
| Deferred charges and accrued income | 490/1 | €185 | - | -€185 | |
| Total equity and liabilities | 10/49 | €71,292 | €190,130 | +€118,837 | +166.7% |
| Equity | 10/15 | €44,021 | €117,921 | +€73,900 | +167.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,021 | €114,921 | +€73,900 | +180.2% |
| Amounts payable | 17/49 | €27,271 | €72,209 | +€44,938 | +164.8% |
| Amounts payable after more than one year | 17 | - | €7,173 | +€7,173 | |
| Financial debts | 170/4 | - | €7,173 | +€7,173 | |
| Amounts payable within one year | 42/48 | €27,271 | €64,686 | +€37,415 | +137.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,881 | +€3,881 | |
| Trade debts | 44 | €5,107 | €1,442 | -€3,665 | -71.8% |
| Suppliers | 440/4 | €5,107 | €1,442 | -€3,665 | -71.8% |
| Taxes, remuneration and social security | 45 | €22,164 | €59,364 | +€37,200 | +167.8% |
| Taxes | 450/3 | €20,057 | €43,408 | +€23,351 | +116.4% |
| Remuneration and social security | 454/9 | €2,107 | €15,956 | +€13,849 | +657.2% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Remuneration, social security and pensions | 62 | €17,759 | €49,716 | +€31,958 | +180.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | €1,300 | +€1,122 | +631.5% |
| Other operating charges | 640/8 | €427 | €120 | -€307 | -71.9% |
| Gross operating margin | 9900 | €69,698 | €142,661 | +€72,963 | +104.7% |
| Operating profit (loss) | 9901 | €51,334 | €91,525 | +€40,191 | +78.3% |
| Financial income | 75/76B | - | €1,450 | +€1,450 | |
| Recurring financial income | 75 | - | €1,450 | +€1,450 | |
| Financial charges | 65/66B | €15 | €340 | +€325 | +2157.0% |
| Recurring financial charges | 65 | €15 | €340 | +€325 | +2157.0% |
| Profit (loss) for the period before taxes | 9903 | €51,319 | €92,635 | +€41,316 | +80.5% |
| Income taxes | 67/77 | €10,298 | €18,735 | +€8,437 | +81.9% |
| Profit (loss) for the period | 9904 | €41,021 | €73,900 | +€32,878 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,021 | €73,900 | +€32,878 | +80.2% |
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.