MULTI-CONSULTING: 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-CONSULTING
Largest movements
- Tangible fixed assets -€18,405
down €18,405 (-8.6%), from €213,153 to €194,748
of which Land and buildings: -€13,800
- Cash -€7,030
down €7,030 (-58.3%), from €12,068 to €5,037
mainly Net result for the year (-€14,031) and Debts after one year (-€6,868)
- Receivables within one year +€4,708
up €4,708 (+123.1%), from €3,824 to €8,532
of which Other amounts receivable: +€5,108
- Profit (loss) carried forward -€14,031
down €14,031 (-201.4%), from -€6,967 to -€20,997
- Debts after one year -€6,868
down €6,868 (-6.8%), from €100,819 to €93,951
of which Financial debts: -€6,868
- Gross operating margin +€6,380
up €6,380 (+540.4%), from €1,181 to €7,561
- Financial income +€2,550
up €2,550 (+850130.0%), from €0 to €2,551
- Depreciation -€1,669
down €1,669 (-8.3%), from €20,074 to €18,405
- Other operating charges -€1,202
down €1,202 (-24.4%), from €4,936 to €3,734
- Financial charges -€273
down €273 (-12.0%), from €2,276 to €2,003
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 | €233,937 | €213,326 | -€20,610 | -8.8% |
| Fixed assets | 21/28 | €213,153 | €194,748 | -€18,405 | -8.6% |
| Tangible fixed assets | 22/27 | €213,153 | €194,748 | -€18,405 | -8.6% |
| Land and buildings | 22 | €196,077 | €182,278 | -€13,800 | -7.0% |
| Plant, machinery and equipment | 23 | €14,553 | €11,272 | -€3,280 | -22.5% |
| Furniture and vehicles | 24 | €2,523 | €1,198 | -€1,325 | -52.5% |
| Current assets | 29/58 | €20,784 | €18,579 | -€2,205 | -10.6% |
| Amounts receivable within one year | 40/41 | €3,824 | €8,532 | +€4,708 | +123.1% |
| Trade receivables | 40 | €659 | €260 | -€400 | -60.6% |
| Other amounts receivable | 41 | €3,165 | €8,273 | +€5,108 | +161.4% |
| Cash at bank and in hand | 54/58 | €12,068 | €5,037 | -€7,030 | -58.3% |
| Deferred charges and accrued income | 490/1 | €4,892 | €5,009 | +€117 | +2.4% |
| Total equity and liabilities | 10/49 | €233,937 | €213,326 | -€20,610 | -8.8% |
| Equity | 10/15 | €97,946 | €83,915 | -€14,031 | -14.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €42,912 | €42,912 | = | 0.0% |
| Distributable reserves | 133 | €42,912 | €42,912 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,967 | -€20,997 | -€14,031 | -201.4% |
| Amounts payable | 17/49 | €135,991 | €129,411 | -€6,580 | -4.8% |
| Amounts payable after more than one year | 17 | €100,819 | €93,951 | -€6,868 | -6.8% |
| Financial debts | 170/4 | €99,319 | €92,451 | -€6,868 | -6.9% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,172 | €35,460 | +€288 | +0.8% |
| Trade debts | 44 | €3,764 | €3,299 | -€466 | -12.4% |
| Suppliers | 440/4 | €3,764 | €3,299 | -€466 | -12.4% |
| Taxes, remuneration and social security | 45 | €141 | - | -€141 | |
| Taxes | 450/3 | €141 | - | -€141 | |
| Other amounts payable | 47/48 | €31,267 | €32,162 | +€895 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,074 | €18,405 | -€1,669 | -8.3% |
| Other operating charges | 640/8 | €4,936 | €3,734 | -€1,202 | -24.4% |
| Gross operating margin | 9900 | €1,181 | €7,561 | +€6,380 | +540.4% |
| Operating profit (loss) | 9901 | -€23,829 | -€14,578 | +€9,251 | +38.8% |
| Financial income | 75/76B | €0 | €2,551 | +€2,550 | +850130.0% |
| Recurring financial income | 75 | €0 | €2,551 | +€2,550 | +850130.0% |
| Financial charges | 65/66B | €2,276 | €2,003 | -€273 | -12.0% |
| Recurring financial charges | 65 | €2,276 | €2,003 | -€273 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,105 | -€14,031 | +€12,075 | +46.3% |
| Income taxes | 67/77 | €22 | - | -€22 | |
| Profit (loss) for the period | 9904 | -€26,127 | -€14,031 | +€12,097 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,127 | -€14,031 | +€12,097 | +46.3% |
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 5 October 2026 via checked.be.