MULTI STOCK: 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 STOCK
Largest movements
- Cash +€79,947
up €79,947 (+505.2%), from €15,824 to €95,771
mainly Other debts (+€103,050) and Depreciation (+€26,180)
- Other debts +€103,050
up €103,050 (+40.4%), from €255,019 to €358,069
- Profit (loss) carried forward -€32,050
down €32,050 (-24.1%), from -€132,778 to -€164,828
- Trade debts +€11,932
up €11,932 (+7097.2%), from €168 to €12,100
- Depreciation +€26,180
up €26,180, from €0 to €26,180
- Gross operating margin +€1,378
up €1,378 (+35.1%), from -€3,922 to -€2,544
- Financial charges -€652
down €652 (-16.6%), from €3,917 to €3,266
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 | €757,844 | €840,777 | +€82,932 | +10.9% |
| Fixed assets | 21/28 | €741,935 | €741,935 | = | 0.0% |
| Tangible fixed assets | 22/27 | €735,435 | €735,435 | = | 0.0% |
| Land and buildings | 22 | €735,435 | €735,435 | = | 0.0% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €15,909 | €98,841 | +€82,932 | +521.3% |
| Amounts receivable within one year | 40/41 | €85 | €3,071 | +€2,985 | +3503.5% |
| Trade receivables | 40 | - | €110 | +€110 | |
| Other amounts receivable | 41 | €85 | €2,960 | +€2,875 | +3374.0% |
| Cash at bank and in hand | 54/58 | €15,824 | €95,771 | +€79,947 | +505.2% |
| Total equity and liabilities | 10/49 | €757,844 | €840,777 | +€82,932 | +10.9% |
| Equity | 10/15 | €502,658 | €470,608 | -€32,050 | -6.4% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Revaluation surpluses | 12 | €85,435 | €85,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€132,778 | -€164,828 | -€32,050 | -24.1% |
| Amounts payable | 17/49 | €255,187 | €370,169 | +€114,982 | +45.1% |
| Amounts payable within one year | 42/48 | €255,187 | €370,169 | +€114,982 | +45.1% |
| Trade debts | 44 | €168 | €12,100 | +€11,932 | +7097.2% |
| Suppliers | 440/4 | €168 | €12,100 | +€11,932 | +7097.2% |
| Other amounts payable | 47/48 | €255,019 | €358,069 | +€103,050 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €26,180 | +€26,180 | |
| Other operating charges | 640/8 | €59 | €61 | +€2 | +2.6% |
| Gross operating margin | 9900 | -€3,922 | -€2,544 | +€1,378 | +35.1% |
| Operating profit (loss) | 9901 | -€3,981 | -€28,785 | -€24,804 | -623.1% |
| Financial charges | 65/66B | €3,917 | €3,266 | -€652 | -16.6% |
| Recurring financial charges | 65 | €3,917 | €3,266 | -€652 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,898 | -€32,050 | -€24,152 | -305.8% |
| Profit (loss) for the period | 9904 | -€7,898 | -€32,050 | -€24,152 | -305.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,898 | -€32,050 | -€24,152 | -305.8% |
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 8 October 2026 via checked.be.