Multi Service Antwerpen: what changed
Multi Service Antwerpen
Largest movements
- Cash +€57,244
up €57,244 (+1,193%), from €4,798 to €62,042
mainly Trade debts (+€17,213) and Net result for the year (+€17,058)
- Tangible fixed assets -€9,791
down €9,791 (-65.4%), from €14,967 to €5,177
of which Furniture and vehicles: -€10,067
- Receivables within one year -€9,055
down €9,055 (-30.6%), from €29,608 to €20,553
- Trade debts +€17,213
up €17,213 (+95.3%), from €18,058 to €35,271
- Reserves +€11,571
up €11,571 (+19.9%), from €58,029 to €69,600
- Tax, wage and social debts +€11,408
up €11,408 (+418%), from €2,729 to €14,137
- Other debts -€7,281
down €7,281 (-9.1%), from €79,845 to €72,565
- Profit (loss) carried forward +€5,487
no longer reported in 2025 (was -€5,487)
- Gross operating margin +€15,083
up €15,083 (+101%), from €14,984 to €30,067
- Taxes +€6,925
up €6,925 (+259%), from €2,674 to €9,598
- Financial income +€3,669
up €3,669 (+34,036%), from €11 to €3,680
- Financial charges -€1,883
down €1,883 (-49.9%), from €3,775 to €1,892
- Depreciation -€712
down €712 (-14.9%), from €4,794 to €4,082
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,374 | €197,772 | +€38,398 | +24.1% |
| Fixed assets | 21/28 | €14,967 | €5,177 | -€9,791 | -65.4% |
| Tangible fixed assets | 22/27 | €14,967 | €5,177 | -€9,791 | -65.4% |
| Plant, machinery and equipment | 23 | €199 | €1,262 | +€1,063 | +534% |
| Furniture and vehicles | 24 | €12,877 | €2,810 | -€10,067 | -78.2% |
| Other tangible fixed assets | 26 | €1,891 | €1,104 | -€786 | -41.6% |
| Current assets | 29/58 | €144,406 | €192,595 | +€48,189 | +33.4% |
| Amounts receivable within one year | 40/41 | €29,608 | €20,553 | -€9,055 | -30.6% |
| Trade receivables | 40 | €29,608 | €20,553 | -€9,055 | -30.6% |
| Current investments | 50/53 | €110,000 | €110,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,798 | €62,042 | +€57,244 | +1,193% |
| Total equity and liabilities | 10/49 | €159,374 | €197,772 | +€38,398 | +24.1% |
| Equity | 10/15 | €58,742 | €75,800 | +€17,058 | +29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,029 | €69,600 | +€11,571 | +19.9% |
| Distributable reserves | 133 | €58,029 | €69,600 | +€11,571 | +19.9% |
| Profit (loss) carried forward | 14 | -€5,487 | - | +€5,487 | |
| Amounts payable | 17/49 | €100,632 | €121,972 | +€21,341 | +21.2% |
| Amounts payable within one year | 42/48 | €100,632 | €121,972 | +€21,341 | +21.2% |
| Trade debts | 44 | €18,058 | €35,271 | +€17,213 | +95.3% |
| Suppliers | 440/4 | €18,058 | €35,271 | +€17,213 | +95.3% |
| Taxes, remuneration and social security | 45 | €2,729 | €14,137 | +€11,408 | +418% |
| Taxes | 450/3 | €2,729 | €14,137 | +€11,408 | +418% |
| Other amounts payable | 47/48 | €79,845 | €72,565 | -€7,281 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,794 | €4,082 | -€712 | -14.9% |
| Other operating charges | 640/8 | €1,186 | €1,117 | -€69 | -5.8% |
| Gross operating margin | 9900 | €14,984 | €30,067 | +€15,083 | +101% |
| Operating profit (loss) | 9901 | €9,004 | €24,868 | +€15,864 | +176% |
| Financial income | 75/76B | €11 | €3,680 | +€3,669 | +34,036% |
| Recurring financial income | 75 | €11 | €3,680 | +€3,669 | +34,036% |
| Financial charges | 65/66B | €3,775 | €1,892 | -€1,883 | -49.9% |
| Recurring financial charges | 65 | €3,775 | €1,892 | -€1,883 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €5,240 | €26,656 | +€21,416 | +409% |
| Income taxes | 67/77 | €2,674 | €9,598 | +€6,925 | +259% |
| Profit (loss) for the period | 9904 | €2,566 | €17,058 | +€14,491 | +565% |
| Profit (loss) for the period to be appropriated | 9905 | €2,566 | €17,058 | +€14,491 | +565% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.