MULTI CONCEPT: 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 CONCEPT
Largest movements
- Tangible fixed assets -€13,792
down €13,792 (-35.2%), from €39,131 to €25,339
- Receivables within one year -€6,047
down €6,047 (-45.3%), from €13,350 to €7,303
of which Other amounts receivable: -€8,186
- Cash +€4,441
up €4,441 (+64.1%), from €6,927 to €11,368
mainly Depreciation (+€13,792) and Receivables within one year (+€6,047)
- Deferred charges and accrued income +€1,992
up €1,992 (+57.6%), from €3,459 to €5,451
- Trade debts -€18,558
down €18,558 (-34.6%), from €53,564 to €35,006
- Tax, wage and social debts +€5,240
up €5,240 (+347.2%), from €1,509 to €6,749
of which Remuneration and social security: +€5,249
- Gross operating margin +€47,128
up €47,128 (+330.7%), from €14,249 to €61,377
- Staff costs +€47,070
up €47,070, from -€571 to €46,499
- Depreciation +€11,543
up €11,543 (+513.3%), from €2,249 to €13,792
- Taxes -€1,439
down €1,439 (-95.3%), from €1,509 to €70
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 | €62,868 | €49,462 | -€13,406 | -21.3% |
| Fixed assets | 21/28 | €39,131 | €25,339 | -€13,792 | -35.2% |
| Tangible fixed assets | 22/27 | €39,131 | €25,339 | -€13,792 | -35.2% |
| Furniture and vehicles | 24 | €39,131 | €25,339 | -€13,792 | -35.2% |
| Current assets | 29/58 | €23,736 | €24,123 | +€386 | +1.6% |
| Amounts receivable within one year | 40/41 | €13,350 | €7,303 | -€6,047 | -45.3% |
| Trade receivables | 40 | €5,164 | €7,303 | +€2,139 | +41.4% |
| Other amounts receivable | 41 | €8,186 | - | -€8,186 | |
| Cash at bank and in hand | 54/58 | €6,927 | €11,368 | +€4,441 | +64.1% |
| Deferred charges and accrued income | 490/1 | €3,459 | €5,451 | +€1,992 | +57.6% |
| Total equity and liabilities | 10/49 | €62,868 | €49,462 | -€13,406 | -21.3% |
| Equity | 10/15 | €7,606 | €7,518 | -€88 | -1.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,606 | €5,518 | -€88 | -1.6% |
| Amounts payable | 17/49 | €55,261 | €41,944 | -€13,318 | -24.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €55,261 | €41,901 | -€13,360 | -24.2% |
| Trade debts | 44 | €53,564 | €35,006 | -€18,558 | -34.6% |
| Suppliers | 440/4 | €53,564 | €35,006 | -€18,558 | -34.6% |
| Taxes, remuneration and social security | 45 | €1,509 | €6,749 | +€5,240 | +347.2% |
| Taxes | 450/3 | €1,509 | €1,500 | -€9 | -0.6% |
| Remuneration and social security | 454/9 | - | €5,249 | +€5,249 | |
| Other amounts payable | 47/48 | €188 | €146 | -€42 | -22.4% |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Remuneration, social security and pensions | 62 | -€571 | €46,499 | +€47,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,249 | €13,792 | +€11,543 | +513.3% |
| Other operating charges | 640/8 | €738 | €880 | +€141 | +19.2% |
| Gross operating margin | 9900 | €14,249 | €61,377 | +€47,128 | +330.7% |
| Operating profit (loss) | 9901 | €11,834 | €207 | -€11,627 | -98.3% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Non-recurring financial income | 76B | - | €9 | +€9 | |
| Financial charges | 65/66B | €615 | €233 | -€382 | -62.1% |
| Recurring financial charges | 65 | €615 | €233 | -€382 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €11,218 | -€18 | -€11,236 | |
| Income taxes | 67/77 | €1,509 | €70 | -€1,439 | -95.3% |
| Profit (loss) for the period | 9904 | €9,709 | -€88 | -€9,797 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,709 | -€88 | -€9,797 |
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 6 October 2026 via checked.be.