MULTI COLOR: 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 COLOR
Largest movements
- Cash +€40,711
up €40,711 (+88.1%), from €46,191 to €86,903
mainly Net result for the year (+€42,754) and Other debts (+€35,556)
- Receivables within one year -€21,704
down €21,704 (-60.2%), from €36,027 to €14,323
of which Trade receivables: -€11,125
- Current investments -€9,084
down €9,084 (-5.1%), from €179,670 to €170,586
- Other debts +€35,556
up €35,556 (+113.9%), from €31,208 to €66,764
- Reserves -€22,380
down €22,380 (-8.2%), from €272,494 to €250,114
- Financial income +€3,186
up €3,186 (+91.1%), from €3,497 to €6,683
- Gross operating margin -€1,943
down €1,943 (-3.1%), from €62,005 to €60,062
- Financial charges +€1,048
up €1,048 (+108.8%), from €963 to €2,011
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 | €333,335 | €342,568 | +€9,234 | +2.8% |
| Fixed assets | 21/28 | €70,652 | €70,240 | -€412 | -0.6% |
| Tangible fixed assets | 22/27 | €652 | €240 | -€412 | -63.2% |
| Plant, machinery and equipment | 23 | €652 | €240 | -€412 | -63.2% |
| Financial fixed assets | 28 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €262,683 | €272,328 | +€9,645 | +3.7% |
| Amounts receivable within one year | 40/41 | €36,027 | €14,323 | -€21,704 | -60.2% |
| Trade receivables | 40 | €25,449 | €14,323 | -€11,125 | -43.7% |
| Other amounts receivable | 41 | €10,578 | €0 | -€10,578 | -100.0% |
| Current investments | 50/53 | €179,670 | €170,586 | -€9,084 | -5.1% |
| Cash at bank and in hand | 54/58 | €46,191 | €86,903 | +€40,711 | +88.1% |
| Deferred charges and accrued income | 490/1 | €795 | €516 | -€279 | -35.1% |
| Total equity and liabilities | 10/49 | €333,335 | €342,568 | +€9,234 | +2.8% |
| Equity | 10/15 | €291,094 | €268,714 | -€22,380 | -7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €272,494 | €250,114 | -€22,380 | -8.2% |
| Distributable reserves | 133 | €272,494 | €250,114 | -€22,380 | -8.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,241 | €73,854 | +€31,613 | +74.8% |
| Amounts payable within one year | 42/48 | €41,181 | €73,854 | +€32,673 | +79.3% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €3,055 | €1,384 | -€1,671 | -54.7% |
| Suppliers | 440/4 | €3,055 | €1,384 | -€1,671 | -54.7% |
| Taxes, remuneration and social security | 45 | €6,915 | €5,703 | -€1,212 | -17.5% |
| Taxes | 450/3 | €6,915 | €5,703 | -€1,212 | -17.5% |
| Other amounts payable | 47/48 | €31,208 | €66,764 | +€35,556 | +113.9% |
| Accrued charges and deferred income | 492/3 | €1,060 | €0 | -€1,060 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €412 | = | 0.0% |
| Other operating charges | 640/8 | €871 | €706 | -€166 | -19.0% |
| Gross operating margin | 9900 | €62,005 | €60,062 | -€1,943 | -3.1% |
| Operating profit (loss) | 9901 | €60,722 | €58,945 | -€1,777 | -2.9% |
| Financial income | 75/76B | €3,497 | €6,683 | +€3,186 | +91.1% |
| Recurring financial income | 75 | €3,497 | €6,683 | +€3,186 | +91.1% |
| Financial charges | 65/66B | €963 | €2,011 | +€1,048 | +108.8% |
| Recurring financial charges | 65 | €963 | €2,011 | +€1,048 | +108.8% |
| Profit (loss) for the period before taxes | 9903 | €63,256 | €63,617 | +€361 | +0.6% |
| Income taxes | 67/77 | €20,556 | €20,863 | +€308 | +1.5% |
| Profit (loss) for the period | 9904 | €42,700 | €42,754 | +€53 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,700 | €42,754 | +€53 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.