Multi Optics Company: 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 Optics Company
Largest movements
- Receivables within one year -€22,811
down €22,811 (-29.9%), from €76,375 to €53,564
of which Trade receivables: -€38,339
- Cash -€14,741
down €14,741 (-41.9%), from €35,170 to €20,429
mainly Contributions, distributions and other (-€29,412) and Investment in fixed assets (net) (-€10,207)
- Tangible fixed assets +€3,446
up €3,446 (+13.0%), from €26,543 to €29,989
of which Other tangible fixed assets: +€7,597
- Stocks and contracts -€1,875
down €1,875 (-59.5%), from €3,154 to €1,279
- Profit (loss) carried forward -€26,726
down €26,726 (-56.5%), from €47,283 to €20,557
- Trade debts -€9,708
down €9,708 (-55.5%), from €17,502 to €7,793
- Other debts +€9,305
up €9,305 (+59.3%), from €15,695 to €25,000
- Debts after one year -€7,950
down €7,950 (-53.6%), from €14,833 to €6,883
- Gross operating margin -€41,582
down €41,582 (-73.0%), from €56,924 to €15,341
- Taxes -€9,156
down €9,156 (-82.8%), from €11,052 to €1,896
- Depreciation +€5,066
up €5,066 (+299%), from €1,695 to €6,761
From the 2023 result to the 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,119 | €106,929 | -€35,190 | -24.8% |
| Fixed assets | 21/28 | €26,543 | €29,989 | +€3,446 | +13.0% |
| Tangible fixed assets | 22/27 | €26,543 | €29,989 | +€3,446 | +13.0% |
| Plant, machinery and equipment | 23 | - | €1,618 | +€1,618 | |
| Furniture and vehicles | 24 | €26,543 | €20,773 | -€5,769 | -21.7% |
| Other tangible fixed assets | 26 | - | €7,597 | +€7,597 | |
| Current assets | 29/58 | €115,576 | €76,941 | -€38,635 | -33.4% |
| Stocks and contracts in progress | 3 | €3,154 | €1,279 | -€1,875 | -59.5% |
| Stocks | 30/36 | €3,154 | €1,279 | -€1,875 | -59.5% |
| Amounts receivable within one year | 40/41 | €76,375 | €53,564 | -€22,811 | -29.9% |
| Trade receivables | 40 | €72,402 | €34,063 | -€38,339 | -53.0% |
| Other amounts receivable | 41 | €3,974 | €19,501 | +€15,528 | +391% |
| Cash at bank and in hand | 54/58 | €35,170 | €20,429 | -€14,741 | -41.9% |
| Deferred charges and accrued income | 490/1 | €877 | €1,668 | +€791 | +90.3% |
| Total equity and liabilities | 10/49 | €142,119 | €106,929 | -€35,190 | -24.8% |
| Equity | 10/15 | €70,977 | €44,251 | -€26,726 | -37.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,694 | €18,694 | = | 0.0% |
| Distributable reserves | 133 | €18,694 | €18,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,283 | €20,557 | -€26,726 | -56.5% |
| Amounts payable | 17/49 | €71,142 | €62,678 | -€8,464 | -11.9% |
| Amounts payable after more than one year | 17 | €14,833 | €6,883 | -€7,950 | -53.6% |
| Financial debts | 170/4 | €14,833 | €6,883 | -€7,950 | -53.6% |
| Amounts payable within one year | 42/48 | €56,309 | €55,795 | -€514 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €7,626 | €7,950 | +€324 | +4.2% |
| Trade debts | 44 | €17,502 | €7,793 | -€9,708 | -55.5% |
| Suppliers | 440/4 | €17,502 | €7,793 | -€9,708 | -55.5% |
| Taxes, remuneration and social security | 45 | €15,486 | €15,052 | -€434 | -2.8% |
| Taxes | 450/3 | €15,486 | €15,052 | -€434 | -2.8% |
| Other amounts payable | 47/48 | €15,695 | €25,000 | +€9,305 | +59.3% |
| Non-recurring operating income | 76A | €57 | €0 | -€57 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,695 | €6,761 | +€5,066 | +299% |
| Other operating charges | 640/8 | €1,045 | €1,322 | +€277 | +26.5% |
| Gross operating margin | 9900 | €56,924 | €15,341 | -€41,582 | -73.0% |
| Operating profit (loss) | 9901 | €54,184 | €7,259 | -€46,925 | -86.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +33.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +33.3% |
| Financial charges | 65/66B | €2,194 | €2,677 | +€483 | +22.0% |
| Recurring financial charges | 65 | €2,194 | €2,677 | +€483 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €51,990 | €4,582 | -€47,408 | -91.2% |
| Income taxes | 67/77 | €11,052 | €1,896 | -€9,156 | -82.8% |
| Profit (loss) for the period | 9904 | €40,938 | €2,686 | -€38,252 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,938 | €2,686 | -€38,252 | -93.4% |
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 26 October 2026 via checked.be.