MULTI-SALONS ET MULTI-MEUBLES: 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-SALONS ET MULTI-MEUBLES
Largest movements
- Receivables after one year +€37,764
up €37,764 (+19.8%), from €190,533 to €228,297
- Cash -€14,765
down €14,765 (-50.6%), from €29,168 to €14,404
mainly Receivables after one year (-€37,764) and Debts after one year (-€18,534)
- Tangible fixed assets -€12,313
down €12,313 (-13.5%), from €90,942 to €78,629
of which Leasing and similar rights: -€8,965
- Receivables within one year +€7,637
up €7,637 (+35.1%), from €21,752 to €29,389
of which Trade receivables: +€7,216
- Trade debts +€36,618
up €36,618 (+80.7%), from €45,403 to €82,021
- Debts after one year -€18,534
down €18,534 (-9.9%), from €187,255 to €168,721
- Other debts -€8,746
no longer reported in 2025 (was €8,746)
- Tax, wage and social debts +€5,221
up €5,221 (+60.2%), from €8,668 to €13,889
of which Taxes: +€4,967
- Gross operating margin +€3,964
up €3,964 (+4.4%), from €89,649 to €93,613
- Staff costs +€2,610
up €2,610 (+4.1%), from €63,462 to €66,072
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 | €347,823 | €365,474 | +€17,651 | +5.1% |
| Formation expenses | 20 | €2,837 | €2,023 | -€814 | -28.7% |
| Fixed assets | 21/28 | €100,935 | €88,622 | -€12,313 | -12.2% |
| Tangible fixed assets | 22/27 | €90,942 | €78,629 | -€12,313 | -13.5% |
| Land and buildings | 22 | €63,891 | €63,046 | -€846 | -1.3% |
| Plant, machinery and equipment | 23 | €9,879 | €8,516 | -€1,363 | -13.8% |
| Furniture and vehicles | 24 | €2,239 | €1,099 | -€1,140 | -50.9% |
| Leasing and similar rights | 25 | €14,934 | €5,969 | -€8,965 | -60.0% |
| Financial fixed assets | 28 | €9,993 | €9,993 | = | 0.0% |
| Current assets | 29/58 | €244,051 | €274,829 | +€30,778 | +12.6% |
| Amounts receivable after more than one year | 29 | €190,533 | €228,297 | +€37,764 | +19.8% |
| Other amounts receivable | 291 | €190,533 | €228,297 | +€37,764 | +19.8% |
| Amounts receivable within one year | 40/41 | €21,752 | €29,389 | +€7,637 | +35.1% |
| Trade receivables | 40 | €12,969 | €20,185 | +€7,216 | +55.6% |
| Other amounts receivable | 41 | €8,783 | €9,204 | +€421 | +4.8% |
| Cash at bank and in hand | 54/58 | €29,168 | €14,404 | -€14,765 | -50.6% |
| Deferred charges and accrued income | 490/1 | €2,597 | €2,740 | +€142 | +5.5% |
| Total equity and liabilities | 10/49 | €347,823 | €365,474 | +€17,651 | +5.1% |
| Equity | 10/15 | €66,512 | €68,779 | +€2,267 | +3.4% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Revaluation surpluses | 12 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,703 | €10,970 | +€2,267 | +26.1% |
| Amounts payable | 17/49 | €281,311 | €296,695 | +€15,384 | +5.5% |
| Amounts payable after more than one year | 17 | €187,255 | €168,721 | -€18,534 | -9.9% |
| Financial debts | 170/4 | €187,255 | €168,721 | -€18,534 | -9.9% |
| Amounts payable within one year | 42/48 | €93,200 | €127,394 | +€34,194 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €18,970 | €19,428 | +€459 | +2.4% |
| Trade debts | 44 | €45,403 | €82,021 | +€36,618 | +80.7% |
| Suppliers | 440/4 | €45,403 | €82,021 | +€36,618 | +80.7% |
| Advances received on contracts in progress | 46 | €11,413 | €12,056 | +€643 | +5.6% |
| Taxes, remuneration and social security | 45 | €8,668 | €13,889 | +€5,221 | +60.2% |
| Taxes | 450/3 | - | €4,967 | +€4,967 | |
| Remuneration and social security | 454/9 | €8,668 | €8,922 | +€254 | +2.9% |
| Other amounts payable | 47/48 | €8,746 | - | -€8,746 | |
| Accrued charges and deferred income | 492/3 | €856 | €580 | -€277 | -32.3% |
| Non-recurring operating income | 76A | €3,081 | €3,216 | +€136 | +4.4% |
| Remuneration, social security and pensions | 62 | €63,462 | €66,072 | +€2,610 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,530 | €13,127 | -€404 | -3.0% |
| Other operating charges | 640/8 | €203 | €306 | +€103 | +50.7% |
| Gross operating margin | 9900 | €89,649 | €93,613 | +€3,964 | +4.4% |
| Operating profit (loss) | 9901 | €12,453 | €14,108 | +€1,655 | +13.3% |
| Financial income | 75/76B | €0 | €25 | +€25 | +251,300% |
| Recurring financial income | 75 | €0 | €25 | +€25 | +251,300% |
| Financial charges | 65/66B | €9,262 | €9,117 | -€145 | -1.6% |
| Recurring financial charges | 65 | €9,262 | €9,117 | -€145 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €3,192 | €5,016 | +€1,824 | +57.2% |
| Income taxes | 67/77 | €2,342 | €2,749 | +€407 | +17.4% |
| Profit (loss) for the period | 9904 | €850 | €2,267 | +€1,417 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €850 | €2,267 | +€1,417 | +167% |
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 27 October 2026 via checked.be.