Multi-P: 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-P
Largest movements
- Receivables within one year +€11,577
up €11,577 (+19.8%), from €58,576 to €70,152
of which Trade receivables: +€10,526
- Tangible fixed assets -€5,891
down €5,891 (-63.8%), from €9,230 to €3,339
- Cash -€1,845
down €1,845 (-12.1%), from €15,217 to €13,372
mainly Receivables within one year (-€11,577) and Debts after one year (-€3,034)
- Reserves +€11,816
up €11,816 (+19.3%), from €61,141 to €72,957
- Debts after one year -€3,034
no longer reported in 2024 (was €3,034)
- Trade debts -€2,530
down €2,530 (-24.9%), from €10,175 to €7,645
- Current portion of long-term debt -€2,094
down €2,094 (-40.8%), from €5,127 to €3,034
- Tax, wage and social debts -€1,070
down €1,070 (-64.8%), from €1,651 to €581
- Gross operating margin +€5,896
up €5,896 (+42.0%), from €14,040 to €19,936
- Financial charges -€1,966
down €1,966 (-86.8%), from €2,265 to €299
- Taxes +€1,331
new in 2024: €1,331
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.
Cash bridge derived
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 | €86,181 | €89,217 | +€3,036 | +3.5% |
| Fixed assets | 21/28 | €9,230 | €3,339 | -€5,891 | -63.8% |
| Tangible fixed assets | 22/27 | €9,230 | €3,339 | -€5,891 | -63.8% |
| Furniture and vehicles | 24 | €9,230 | €3,339 | -€5,891 | -63.8% |
| Current assets | 29/58 | €76,951 | €85,878 | +€8,927 | +11.6% |
| Stocks and contracts in progress | 3 | €1,304 | €1,074 | -€230 | -17.7% |
| Stocks | 30/36 | €1,304 | €1,074 | -€230 | -17.7% |
| Amounts receivable within one year | 40/41 | €58,576 | €70,152 | +€11,577 | +19.8% |
| Trade receivables | 40 | €55,771 | €66,297 | +€10,526 | +18.9% |
| Other amounts receivable | 41 | €2,804 | €3,855 | +€1,051 | +37.5% |
| Cash at bank and in hand | 54/58 | €15,217 | €13,372 | -€1,845 | -12.1% |
| Deferred charges and accrued income | 490/1 | €1,854 | €1,279 | -€574 | -31.0% |
| Total equity and liabilities | 10/49 | €86,181 | €89,217 | +€3,036 | +3.5% |
| Equity | 10/15 | €66,141 | €77,957 | +€11,816 | +17.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,141 | €72,957 | +€11,816 | +19.3% |
| Distributable reserves | 133 | €61,141 | €72,957 | +€11,816 | +19.3% |
| Amounts payable | 17/49 | €20,040 | €11,260 | -€8,780 | -43.8% |
| Amounts payable after more than one year | 17 | €3,034 | - | -€3,034 | |
| Financial debts | 170/4 | €3,034 | - | -€3,034 | |
| Amounts payable within one year | 42/48 | €16,953 | €11,260 | -€5,693 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €5,127 | €3,034 | -€2,094 | -40.8% |
| Trade debts | 44 | €10,175 | €7,645 | -€2,530 | -24.9% |
| Suppliers | 440/4 | €10,175 | €7,645 | -€2,530 | -24.9% |
| Taxes, remuneration and social security | 45 | €1,651 | €581 | -€1,070 | -64.8% |
| Taxes | 450/3 | €1,651 | €581 | -€1,070 | -64.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €53 | - | -€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,891 | €5,891 | = | 0.0% |
| Other operating charges | 640/8 | €814 | €787 | -€28 | -3.4% |
| Gross operating margin | 9900 | €14,040 | €19,936 | +€5,896 | +42.0% |
| Operating profit (loss) | 9901 | €7,334 | €13,258 | +€5,924 | +80.8% |
| Financial income | 75/76B | €16 | €188 | +€172 | +1075.0% |
| Recurring financial income | 75 | €16 | €188 | +€172 | +1075.0% |
| Financial charges | 65/66B | €2,265 | €299 | -€1,966 | -86.8% |
| Recurring financial charges | 65 | €2,265 | €299 | -€1,966 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €5,085 | €13,147 | +€8,062 | +158.5% |
| Income taxes | 67/77 | - | €1,331 | +€1,331 | |
| Profit (loss) for the period | 9904 | €5,085 | €11,816 | +€6,731 | +132.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,085 | €11,816 | +€6,731 | +132.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.