Multi-Pro: 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-Pro
Largest movements
- Current investments +€126,794
up €126,794 (+83.9%), from €151,054 to €277,848
- Cash -€36,337
down €36,337 (-11.3%), from €322,790 to €286,453
mainly Current investments (-€126,794) and Tax, wage and social debts (-€7,765)
- Receivables within one year -€14,829
down €14,829 (-23.5%), from €63,032 to €48,203
of which Trade receivables: -€14,590
- Reserves +€79,663
up €79,663 (+20.6%), from €386,397 to €466,060
- Tax, wage and social debts -€7,765
down €7,765 (-16.8%), from €46,274 to €38,509
- Gross operating margin -€1,339
down €1,339 (-1.1%), from €116,442 to €115,104
- Financial income +€1,250
up €1,250 (+118.2%), from €1,057 to €2,308
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 | €573,176 | €641,594 | +€68,418 | +11.9% |
| Fixed assets | 21/28 | €12,937 | €10,339 | -€2,598 | -20.1% |
| Intangible fixed assets | 21 | €334 | - | -€334 | |
| Tangible fixed assets | 22/27 | €12,602 | €10,339 | -€2,264 | -18.0% |
| Land and buildings | 22 | €1,872 | €1,543 | -€329 | -17.6% |
| Furniture and vehicles | 24 | €6,905 | €5,733 | -€1,172 | -17.0% |
| Other tangible fixed assets | 26 | €3,826 | €3,063 | -€763 | -19.9% |
| Current assets | 29/58 | €560,239 | €631,255 | +€71,016 | +12.7% |
| Amounts receivable within one year | 40/41 | €63,032 | €48,203 | -€14,829 | -23.5% |
| Trade receivables | 40 | €62,752 | €48,162 | -€14,590 | -23.3% |
| Other amounts receivable | 41 | €281 | €42 | -€239 | -85.0% |
| Current investments | 50/53 | €151,054 | €277,848 | +€126,794 | +83.9% |
| Cash at bank and in hand | 54/58 | €322,790 | €286,453 | -€36,337 | -11.3% |
| Deferred charges and accrued income | 490/1 | €23,362 | €18,751 | -€4,611 | -19.7% |
| Total equity and liabilities | 10/49 | €573,176 | €641,594 | +€68,418 | +11.9% |
| Equity | 10/15 | €506,397 | €586,060 | +€79,663 | +15.7% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €386,397 | €466,060 | +€79,663 | +20.6% |
| Distributable reserves | 133 | €386,397 | €466,060 | +€79,663 | +20.6% |
| Amounts payable | 17/49 | €66,778 | €55,533 | -€11,245 | -16.8% |
| Amounts payable within one year | 42/48 | €66,778 | €55,533 | -€11,245 | -16.8% |
| Trade debts | 44 | €20,505 | €16,511 | -€3,994 | -19.5% |
| Suppliers | 440/4 | €20,505 | €16,511 | -€3,994 | -19.5% |
| Taxes, remuneration and social security | 45 | €46,274 | €38,509 | -€7,765 | -16.8% |
| Taxes | 450/3 | €46,274 | €38,509 | -€7,765 | -16.8% |
| Other amounts payable | 47/48 | - | €514 | +€514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,405 | €3,980 | +€576 | +16.9% |
| Other operating charges | 640/8 | €1,215 | €1,248 | +€32 | +2.7% |
| Gross operating margin | 9900 | €116,442 | €115,104 | -€1,339 | -1.1% |
| Operating profit (loss) | 9901 | €111,823 | €109,876 | -€1,947 | -1.7% |
| Financial income | 75/76B | €1,057 | €2,308 | +€1,250 | +118.2% |
| Recurring financial income | 75 | €1,057 | €2,308 | +€1,250 | +118.2% |
| Financial charges | 65/66B | €149 | €78 | -€71 | -47.8% |
| Recurring financial charges | 65 | €149 | €78 | -€71 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €112,731 | €112,106 | -€625 | -0.6% |
| Income taxes | 67/77 | €33,257 | €32,443 | -€815 | -2.4% |
| Profit (loss) for the period | 9904 | €79,474 | €79,663 | +€190 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,474 | €79,663 | +€190 | +0.2% |
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.