MULTI - HOME: 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 - HOME
Largest movements
- Receivables within one year -€15,683
down €15,683 (-21.4%), from €73,413 to €57,730
- Cash +€5,222
up €5,222 (+118.1%), from €4,421 to €9,642
mainly Receivables within one year (+€15,683) and Stocks and contracts (+€4,055)
- Intangible fixed assets +€4,901
new in 2025: €4,901
- Stocks and contracts -€4,055
down €4,055 (-3.1%), from €129,852 to €125,797
- Tangible fixed assets +€2,199
up €2,199 (+462.4%), from €475 to €2,674
- Tax, wage and social debts -€5,031
down €5,031 (-40.7%), from €12,375 to €7,344
- Trade debts -€4,173
down €4,173 (-10.9%), from €38,364 to €34,191
- Gross operating margin +€586
up €586 (+33.8%), from €1,731 to €2,317
- Depreciation -€81
down €81 (-17.7%), from €454 to €373
- Financial charges -€78
down €78 (-66.0%), from €119 to €40
- Other operating charges +€51
up €51 (+6.6%), from €780 to €831
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 | €209,328 | €201,946 | -€7,382 | -3.5% |
| Fixed assets | 21/28 | €475 | €7,575 | +€7,099 | +1493.1% |
| Intangible fixed assets | 21 | - | €4,901 | +€4,901 | |
| Tangible fixed assets | 22/27 | €475 | €2,674 | +€2,199 | +462.4% |
| Furniture and vehicles | 24 | €475 | €2,674 | +€2,199 | +462.4% |
| Current assets | 29/58 | €208,852 | €194,371 | -€14,481 | -6.9% |
| Stocks and contracts in progress | 3 | €129,852 | €125,797 | -€4,055 | -3.1% |
| Stocks | 30/36 | €129,852 | €125,797 | -€4,055 | -3.1% |
| Amounts receivable within one year | 40/41 | €73,413 | €57,730 | -€15,683 | -21.4% |
| Trade receivables | 40 | €73,413 | €57,730 | -€15,683 | -21.4% |
| Cash at bank and in hand | 54/58 | €4,421 | €9,642 | +€5,222 | +118.1% |
| Deferred charges and accrued income | 490/1 | €1,167 | €1,202 | +€35 | +3.0% |
| Total equity and liabilities | 10/49 | €209,328 | €201,946 | -€7,382 | -3.5% |
| Equity | 10/15 | €52,446 | €53,518 | +€1,072 | +2.0% |
| Contributions | 10/11 | €19,088 | €19,088 | = | 0.0% |
| Reserves | 13 | €19,542 | €19,542 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,909 | €1,909 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,909 | €1,909 | = | 0.0% |
| Distributable reserves | 133 | €17,633 | €17,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,816 | €14,888 | +€1,072 | +7.8% |
| Amounts payable | 17/49 | €156,882 | €148,428 | -€8,454 | -5.4% |
| Amounts payable after more than one year | 17 | €106,143 | €106,893 | +€750 | +0.7% |
| Other amounts payable | 178/9 | €106,143 | €106,893 | +€750 | +0.7% |
| Amounts payable within one year | 42/48 | €50,739 | €41,535 | -€9,204 | -18.1% |
| Trade debts | 44 | €38,364 | €34,191 | -€4,173 | -10.9% |
| Suppliers | 440/4 | €38,364 | €34,191 | -€4,173 | -10.9% |
| Taxes, remuneration and social security | 45 | €12,375 | €7,344 | -€5,031 | -40.7% |
| Taxes | 450/3 | €12,375 | €7,344 | -€5,031 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €373 | -€81 | -17.7% |
| Other operating charges | 640/8 | €780 | €831 | +€51 | +6.6% |
| Gross operating margin | 9900 | €1,731 | €2,317 | +€586 | +33.8% |
| Operating profit (loss) | 9901 | €497 | €1,112 | +€615 | +123.8% |
| Financial charges | 65/66B | €119 | €40 | -€78 | -66.0% |
| Recurring financial charges | 65 | €119 | €40 | -€78 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €378 | €1,072 | +€694 | +183.4% |
| Profit (loss) for the period | 9904 | €378 | €1,072 | +€694 | +183.4% |
| Profit (loss) for the period to be appropriated | 9905 | €378 | €1,072 | +€694 | +183.4% |
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 29 September 2026 via checked.be.