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MULTI SERVICES: 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.

What changed

MULTI SERVICES

BE 0803.993.012
NACE 43.341, Painting of buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,072
2023 · €21,098-€15,026
Equity
€30,670
2023 · €24,598+€6,072
Cash
€3,806
2023 · €41,644-€37,838
Balance sheet total
€77,854
2023 · €132,710-€54,856

Largest movements

2023 to 2024
Assets
  • Cash -€37,838

    down €37,838 (-90.9%), from €41,644 to €3,806

    mainly Other debts (-€50,967) and Trade debts (-€12,554)

  • Tangible fixed assets -€17,350

    down €17,350 (-31.6%), from €54,928 to €37,578

    of which Plant, machinery and equipment: -€9,832

Equity and liabilities
  • Other debts -€50,967

    down €50,967 (-68.9%), from €73,945 to €22,978

  • Trade debts -€12,554

    down €12,554 (-48.0%), from €26,152 to €13,598

  • Profit (loss) carried forward +€6,072

    up €6,072 (+28.8%), from €21,098 to €27,170

  • Tax, wage and social debts +€2,594

    up €2,594 (+32.4%), from €8,016 to €10,609

Income statement
  • Staff costs +€20,242

    up €20,242 (+12651.4%), from €160 to €20,402

  • Gross operating margin +€13,467

    up €13,467 (+35.9%), from €37,494 to €50,960

  • Depreciation +€10,391

    up €10,391 (+125.7%), from €8,266 to €18,657

  • Taxes -€5,422

    down €5,422 (-67.6%), from €8,016 to €2,594

  • Financial charges +€1,916

    up €1,916, from -€45 to €1,871

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €21,098
Gross operating margin +€13,467
Staff costs -€20,242
Depreciation -€10,391
Other operating charges -€1,549
Financial income +€183
Financial charges -€1,916
Taxes +€5,422
Result 2024 €6,072

Cash bridge derived

cash 2023 to 2024

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.

From operations -€36,531
Investment -€1,306
Financing €0
Cash 2023 €41,644
Net result for the year +€6,072
Depreciation +€18,657
Receivables within one year -€332
Trade debts -€12,554
Tax, wage and social debts +€2,594
Other debts -€50,967
Investment in fixed assets (net) -€1,306
Cash 2024 €3,806
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €132,710 €77,854 -€54,856 -41.3%
Fixed assets 21/28 €54,928 €37,578 -€17,350 -31.6%
Tangible fixed assets 22/27 €54,928 €37,578 -€17,350 -31.6%
Plant, machinery and equipment 23 €25,001 €15,169 -€9,832 -39.3%
Furniture and vehicles 24 €29,926 €22,409 -€7,518 -25.1%
Current assets 29/58 €77,782 €40,276 -€37,506 -48.2%
Amounts receivable within one year 40/41 €36,138 €36,470 +€332 +0.9%
Trade receivables 40 €8,906 €8,261 -€644 -7.2%
Other amounts receivable 41 €27,233 €28,209 +€976 +3.6%
Cash at bank and in hand 54/58 €41,644 €3,806 -€37,838 -90.9%
Total equity and liabilities 10/49 €132,710 €77,854 -€54,856 -41.3%
Equity 10/15 €24,598 €30,670 +€6,072 +24.7%
Contributions 10/11 €3,500 €3,500 = 0.0%
Profit (loss) carried forward 14 €21,098 €27,170 +€6,072 +28.8%
Amounts payable 17/49 €108,112 €47,185 -€60,928 -56.4%
Amounts payable within one year 42/48 €108,112 €47,185 -€60,928 -56.4%
Trade debts 44 €26,152 €13,598 -€12,554 -48.0%
Suppliers 440/4 €26,152 €13,598 -€12,554 -48.0%
Taxes, remuneration and social security 45 €8,016 €10,609 +€2,594 +32.4%
Taxes 450/3 €8,016 €10,609 +€2,594 +32.4%
Other amounts payable 47/48 €73,945 €22,978 -€50,967 -68.9%
Remuneration, social security and pensions 62 €160 €20,402 +€20,242 +12651.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,266 €18,657 +€10,391 +125.7%
Other operating charges 640/8 - €1,549 +€1,549
Gross operating margin 9900 €37,494 €50,960 +€13,467 +35.9%
Operating profit (loss) 9901 €29,068 €10,353 -€18,715 -64.4%
Financial income 75/76B - €183 +€183
Recurring financial income 75 - €183 +€183
Financial charges 65/66B -€45 €1,871 +€1,916
Recurring financial charges 65 -€45 €1,871 +€1,916
Profit (loss) for the period before taxes 9903 €29,113 €8,665 -€20,448 -70.2%
Income taxes 67/77 €8,016 €2,594 -€5,422 -67.6%
Profit (loss) for the period 9904 €21,098 €6,072 -€15,026 -71.2%
Profit (loss) for the period to be appropriated 9905 €21,098 €6,072 -€15,026 -71.2%

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 30 September 2026 via checked.be.