Multi - Invest: 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 - Invest
Largest movements
- Receivables within one year -€7,398
down €7,398 (-12.0%), from €61,545 to €54,148
- Cash -€3,177
down €3,177 (-86.4%), from €3,679 to €502
mainly Net result for the year (-€11,045)
- Profit (loss) carried forward -€11,045
down €11,045 (-4.4%), from -€250,104 to -€261,149
- Gross operating margin -€10,772
down €10,772 (-499%), from -€2,158 to -€12,930
- Financial income -€164
down €164 (-5.9%), from €2,766 to €2,602
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.
Derived cash bridge
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 | €225,844 | €215,269 | -€10,575 | -4.7% |
| Fixed assets | 21/28 | €160,620 | €160,620 | = | 0.0% |
| Tangible fixed assets | 22/27 | €160,620 | €160,620 | = | 0.0% |
| Land and buildings | 22 | €160,620 | €160,620 | = | 0.0% |
| Current assets | 29/58 | €65,224 | €54,649 | -€10,575 | -16.2% |
| Amounts receivable within one year | 40/41 | €61,545 | €54,148 | -€7,398 | -12.0% |
| Other amounts receivable | 41 | €61,545 | €54,148 | -€7,398 | -12.0% |
| Cash at bank and in hand | 54/58 | €3,679 | €502 | -€3,177 | -86.4% |
| Total equity and liabilities | 10/49 | €225,844 | €215,269 | -€10,575 | -4.7% |
| Equity | 10/15 | €218,427 | €207,383 | -€11,045 | -5.1% |
| Contributions | 10/11 | €462,000 | €462,000 | = | 0.0% |
| Capital | 10 | €462,000 | €462,000 | = | 0.0% |
| Issued capital | 100 | €462,000 | €462,000 | = | 0.0% |
| Reserves | 13 | €6,531 | €6,531 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,531 | €6,531 | = | 0.0% |
| Legal reserve | 130 | €6,531 | €6,531 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€250,104 | -€261,149 | -€11,045 | -4.4% |
| Amounts payable | 17/49 | €7,417 | €7,887 | +€470 | +6.3% |
| Amounts payable within one year | 42/48 | €7,417 | €7,887 | +€470 | +6.3% |
| Trade debts | 44 | €7,417 | €7,887 | +€470 | +6.3% |
| Suppliers | 440/4 | €7,417 | €7,887 | +€470 | +6.3% |
| Other operating charges | 640/8 | €639 | €657 | +€19 | +2.9% |
| Gross operating margin | 9900 | -€2,158 | -€12,930 | -€10,772 | -499% |
| Operating profit (loss) | 9901 | -€2,796 | -€13,587 | -€10,791 | -386% |
| Financial income | 75/76B | €2,766 | €2,602 | -€164 | -5.9% |
| Recurring financial income | 75 | €2,766 | €2,602 | -€164 | -5.9% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€90 | -€11,045 | -€10,954 | -12,137% |
| Profit (loss) for the period | 9904 | -€90 | -€11,045 | -€10,954 | -12,137% |
| Profit (loss) for the period to be appropriated | 9905 | -€90 | -€11,045 | -€10,954 | -12,137% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.