Multi-Fish Frozen: 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-Fish Frozen
Largest movements
- Receivables within one year -€420,275
down €420,275 (-42.2%), from €996,124 to €575,848
of which Trade receivables: -€389,620
- Cash +€18,635
up €18,635 (+60.5%), from €30,781 to €49,416
mainly Receivables within one year (+€420,275) and Other debts (+€330,000)
- Reserves -€406,755
down €406,755 (-85.5%), from €475,894 to €69,139
of which Distributable reserves: -€406,755
- Other debts +€330,000
up €330,000 (+1,650%), from €20,000 to €350,000
- Trade debts -€266,652
down €266,652 (-93.0%), from €286,749 to €20,097
- Tax, wage and social debts -€70,228
down €70,228 (-41.4%), from €169,485 to €99,257
of which Taxes: -€65,118
- Provisions +€12,372
new in 2024: €12,372
- Staff costs +€64,195
up €64,195 (+7.9%), from €810,358 to €874,553
- Provisions +€12,372
new in 2024: €12,372
- Gross operating margin -€11,654
down €11,654 (-1.4%), from €814,461 to €802,807
From the 31-12-2023 result to the 31-12-2024 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.
Derived cash bridge
Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,026,905 | €625,265 | -€401,640 | -39.1% |
| Current assets | 29/58 | €1,026,905 | €625,265 | -€401,640 | -39.1% |
| Amounts receivable within one year | 40/41 | €996,124 | €575,848 | -€420,275 | -42.2% |
| Trade receivables | 40 | €499,606 | €109,985 | -€389,620 | -78.0% |
| Other amounts receivable | 41 | €496,518 | €465,863 | -€30,655 | -6.2% |
| Cash at bank and in hand | 54/58 | €30,781 | €49,416 | +€18,635 | +60.5% |
| Total equity and liabilities | 10/49 | €1,026,905 | €625,265 | -€401,640 | -39.1% |
| Equity | 10/15 | €550,294 | €143,539 | -€406,755 | -73.9% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Capital | 10 | €74,400 | €74,400 | = | 0.0% |
| Issued capital | 100 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €475,894 | €69,139 | -€406,755 | -85.5% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €468,454 | €61,699 | -€406,755 | -86.8% |
| Provisions and deferred taxes | 16 | - | €12,372 | +€12,372 | |
| Provisions for liabilities and charges | 160/5 | - | €12,372 | +€12,372 | |
| Other liabilities and charges | 164/5 | - | €12,372 | +€12,372 | |
| Amounts payable | 17/49 | €476,610 | €469,353 | -€7,257 | -1.5% |
| Amounts payable within one year | 42/48 | €476,610 | €469,353 | -€7,257 | -1.5% |
| Financial debts | 43 | €377 | - | -€377 | |
| Credit institutions | 430/8 | €377 | - | -€377 | |
| Trade debts | 44 | €286,749 | €20,097 | -€266,652 | -93.0% |
| Suppliers | 440/4 | €286,749 | €20,097 | -€266,652 | -93.0% |
| Taxes, remuneration and social security | 45 | €169,485 | €99,257 | -€70,228 | -41.4% |
| Taxes | 450/3 | €90,255 | €25,137 | -€65,118 | -72.1% |
| Remuneration and social security | 454/9 | €79,230 | €74,120 | -€5,110 | -6.4% |
| Other amounts payable | 47/48 | €20,000 | €350,000 | +€330,000 | +1,650% |
| Non-recurring operating income | 76A | - | €1,267 | +€1,267 | |
| Remuneration, social security and pensions | 62 | €810,358 | €874,553 | +€64,195 | +7.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €12,372 | +€12,372 | |
| Other operating charges | 640/8 | €1,885 | €2,078 | +€194 | +10.3% |
| Gross operating margin | 9900 | €814,461 | €802,807 | -€11,654 | -1.4% |
| Operating profit (loss) | 9901 | €2,218 | -€86,197 | -€88,415 | |
| Financial income | 75/76B | €25,509 | €31,495 | +€5,986 | +23.5% |
| Recurring financial income | 75 | €25,509 | €31,495 | +€5,986 | +23.5% |
| Financial charges | 65/66B | €8,342 | €1,879 | -€6,463 | -77.5% |
| Recurring financial charges | 65 | €8,342 | €1,879 | -€6,463 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €19,384 | -€56,581 | -€75,965 | |
| Income taxes | 67/77 | €180 | €174 | -€5 | -3.0% |
| Profit (loss) for the period | 9904 | €19,205 | -€56,755 | -€75,960 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,205 | -€56,755 | -€75,960 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.