MULTI-MIX: 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.
What changed
MULTI-MIX
NACE 23.630, Manufacture of other non-metallic mineral products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.9m
2024 · €2.9m+€48,019
Equity
€26.6m
2024 · €24.7m+€1.9m
Cash
€1.1m
2024 · €1.1m-€53,282
Balance sheet total
€27.3m
2024 · €27.1m+€200,132
Largest movements
Assets
- Receivables within one year -€2.7m
down €2.7m (-40.0%), from €6.8m to €4.1m
of which Other amounts receivable: -€1.8m
- Current investments +€2.2m
up €2.2m (+25.6%), from €8.7m to €11.0m
- Receivables after one year +€850,000
up €850,000 (+42.9%), from €2.0m to €2.8m
Equity and liabilities
- Reserves +€1.9m
up €1.9m (+7.7%), from €24.6m to €26.5m
of which Distributable reserves: +€1.8m
- Other debts -€899,751
down €899,751 (-100.0%), from €900,000 to €249
- Trade debts -€638,716
down €638,716 (-59.1%), from €1.1m to €442,128
Income statement
- Financial income +€1.0m
up €1.0m (+233.4%), from €449,078 to €1.5m
- Goods and materials +€985,153
up €985,153 (+7.2%), from €13.8m to €14.8m
of which Purchases: +€969,591
- Turnover +€676,600
up €676,600 (+2.9%), from €23.6m to €24.3m
- Staff costs +€352,617
up €352,617 (+13.1%), from €2.7m to €3.0m
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.
Result 2024
€2.9m
Turnover
+€676,600
Other operating income
+€80,018
Goods and materials
-€985,153
Services and other goods
+€18,036
Staff costs
-€352,617
Depreciation
-€235,497
Write-downs
-€4,927
Other operating charges
+€8,885
Other operating items
-€19,411
Financial income
+€1.0m
Financial charges
-€126,188
Taxes
-€59,832
Result 2025
€2.9m
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.
From operations
+€4.7m
Investment
-€3.8m
Financing
-€999,999
Cash 2024
€1.1m
From operations (derived)
+€4.7m
Net result for the year
+€2.9m
Depreciation
+€1.7m
Receivables after one year
-€850,000
Stocks and contracts
+€11,634
Receivables within one year
+€2.7m
Deferred charges and accrued income
-€62,856
Trade debts
-€638,716
Tax, wage and social debts
-€168,299
Other debts
-€899,751
Accrued charges and deferred income
+€7,500
Investment (derived)
-€3.8m
Investment in fixed assets (net)
-€1.5m
Current investments
-€2.2m
Financing
-€999,999
Short-term financial debts
+€1
Contributions, distributions and other
-€1.0m
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,052,430 | €27,252,562 | +€200,132 | +0.7% |
| Fixed assets | 21/28 | €8,105,717 | €7,922,088 | -€183,629 | -2.3% |
| Intangible fixed assets | 21 | €56,645 | €57,486 | +€841 | +1.5% |
| Tangible fixed assets | 22/27 | €8,045,565 | €7,861,095 | -€184,470 | -2.3% |
| Land and buildings | 22 | €2,869,909 | €2,770,181 | -€99,728 | -3.5% |
| Plant, machinery and equipment | 23 | €1,810,124 | €1,832,857 | +€22,734 | +1.3% |
| Furniture and vehicles | 24 | €3,276,893 | €3,181,287 | -€95,606 | -2.9% |
| Other tangible fixed assets | 26 | €88,639 | €76,769 | -€11,870 | -13.4% |
| Financial fixed assets | 28 | €3,507 | €3,507 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,507 | €3,507 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,507 | €3,507 | = | 0.0% |
| Current assets | 29/58 | €18,946,713 | €19,330,475 | +€383,761 | +2.0% |
| Amounts receivable after more than one year | 29 | €1,983,156 | €2,833,156 | +€850,000 | +42.9% |
| Other amounts receivable | 291 | €1,983,156 | €2,833,156 | +€850,000 | +42.9% |
| Stocks and contracts in progress | 3 | €209,465 | €197,831 | -€11,634 | -5.6% |
| Stocks | 30/36 | €209,465 | €197,831 | -€11,634 | -5.6% |
| Raw materials and consumables | 30/31 | €204,673 | €193,039 | -€11,634 | -5.7% |
| Goods purchased for resale | 34 | €4,792 | €4,792 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,758,291 | €4,052,956 | -€2.7m | -40.0% |
| Trade receivables | 40 | €3,948,373 | €3,086,704 | -€861,669 | -21.8% |
| Other amounts receivable | 41 | €2,809,918 | €966,252 | -€1.8m | -65.6% |
| Current investments | 50/53 | €8,737,663 | €10,978,819 | +€2.2m | +25.6% |
| Other investments | 51/53 | €8,737,663 | €10,978,819 | +€2.2m | +25.6% |
| Cash at bank and in hand | 54/58 | €1,113,085 | €1,059,803 | -€53,282 | -4.8% |
| Deferred charges and accrued income | 490/1 | €145,054 | €207,910 | +€62,856 | +43.3% |
| Total equity and liabilities | 10/49 | €27,052,430 | €27,252,562 | +€200,132 | +0.7% |
| Equity | 10/15 | €24,725,768 | €26,625,166 | +€1.9m | +7.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €24,625,768 | €26,525,166 | +€1.9m | +7.7% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,994,194 | €3,051,830 | +€57,637 | +1.9% |
| Distributable reserves | 133 | €21,621,575 | €23,463,336 | +€1.8m | +8.5% |
| Amounts payable | 17/49 | €2,326,662 | €627,396 | -€1.7m | -73.0% |
| Amounts payable within one year | 42/48 | €2,325,937 | €619,171 | -€1.7m | -73.4% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €1,080,844 | €442,128 | -€638,716 | -59.1% |
| Suppliers | 440/4 | €1,080,844 | €442,128 | -€638,716 | -59.1% |
| Taxes, remuneration and social security | 45 | €345,092 | €176,793 | -€168,299 | -48.8% |
| Taxes | 450/3 | €245,731 | €98,251 | -€147,480 | -60.0% |
| Remuneration and social security | 454/9 | €99,361 | €78,542 | -€20,819 | -21.0% |
| Other amounts payable | 47/48 | €900,000 | €249 | -€899,751 | -100.0% |
| Accrued charges and deferred income | 492/3 | €725 | €8,225 | +€7,500 | +1034.5% |
| Operating income | 70/76A | €23,855,712 | €24,592,920 | +€737,207 | +3.1% |
| Turnover | 70 | €23,618,539 | €24,295,139 | +€676,600 | +2.9% |
| Other operating income | 74 | €122,673 | €202,691 | +€80,018 | +65.2% |
| Non-recurring operating income | 76A | €114,500 | €95,089 | -€19,411 | -17.0% |
| Operating charges | 60/66A | €20,491,972 | €22,043,246 | +€1.6m | +7.6% |
| Goods for resale, raw materials and consumables | 60 | €13,769,856 | €14,755,009 | +€985,153 | +7.2% |
| Purchases | 600/8 | €13,773,784 | €14,743,375 | +€969,591 | +7.0% |
| Change in stocks: decrease (increase) | 609 | -€3,928 | €11,634 | +€15,562 | |
| Services and other goods | 61 | €2,400,495 | €2,382,459 | -€18,036 | -0.8% |
| Remuneration, social security and pensions | 62 | €2,688,343 | €3,040,961 | +€352,617 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,464,050 | €1,699,547 | +€235,497 | +16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€420 | €4,507 | +€4,927 | |
| Other operating charges | 640/8 | €169,648 | €160,763 | -€8,885 | -5.2% |
| Operating profit (loss) | 9901 | €3,363,740 | €2,549,674 | -€814,066 | -24.2% |
| Financial income | 75/76B | €449,078 | €1,497,183 | +€1.0m | +233.4% |
| Recurring financial income | 75 | €449,078 | €1,497,183 | +€1.0m | +233.4% |
| Income from current assets | 751 | €339,110 | €1,360,392 | +€1.0m | +301.2% |
| Other financial income | 752/9 | €109,968 | €136,791 | +€26,823 | +24.4% |
| Financial charges | 65/66B | €16,664 | €142,852 | +€126,188 | +757.2% |
| Recurring financial charges | 65 | €16,664 | €140,403 | +€123,739 | +742.5% |
| Debt charges | 650 | €17,980 | €64,003 | +€46,023 | +256.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€28,945 | €7,203 | +€36,148 | |
| Other financial charges | 652/9 | €27,630 | €69,197 | +€41,568 | +150.4% |
| Non-recurring financial charges | 66B | - | €2,449 | +€2,449 | |
| Profit (loss) for the period before taxes | 9903 | €3,796,154 | €3,904,005 | +€107,851 | +2.8% |
| Income taxes | 67/77 | €944,775 | €1,004,607 | +€59,832 | +6.3% |
| Taxes | 670/3 | €944,775 | €1,004,607 | +€59,832 | +6.3% |
| Profit (loss) for the period | 9904 | €2,851,379 | €2,899,398 | +€48,019 | +1.7% |
| Transfer from tax-exempt reserves | 789 | €1,571,406 | €784,363 | -€787,043 | -50.1% |
| Transfer to tax-exempt reserves | 689 | €824,461 | €842,000 | +€17,539 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,598,324 | €2,841,761 | -€756,563 | -21.0% |
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.