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MULTI TECH SOLUTION: 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 TECH SOLUTION

BE 0803.404.775
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€816
2024 · €1,140-€1,956
Equity
€5,910
2024 · €6,726-€816
Cash
€1,428
2024 · €1,047+€381
Balance sheet total
€8,765
2024 · €11,002-€2,237

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€968

    down €968 (-74.1%), from €1,307 to €339

  • Tangible fixed assets -€840

    down €840 (-23.6%), from €3,567 to €2,727

  • Stocks and contracts -€809

    down €809 (-15.9%), from €5,081 to €4,272

  • Cash +€381

    up €381 (+36.4%), from €1,047 to €1,428

    mainly Receivables within one year (+€968) and Depreciation (+€840)

Equity and liabilities
  • Tax, wage and social debts -€945

    no longer reported in 2025 (was €945)

  • Profit (loss) carried forward -€816

    down €816 (-21.9%), from €3,726 to €2,910

  • Other debts -€685

    down €685 (-23.9%), from €2,860 to €2,175

  • Trade debts +€209

    up €209 (+44.5%), from €471 to €680

Income statement
  • Gross operating margin -€2,038

    down €2,038 (-95.7%), from €2,130 to €91

  • Taxes -€290

    no longer reported in 2025 (was €290)

  • Depreciation +€207

    up €207 (+32.6%), from €633 to €840

From the 2024 result to the 2025 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 2024 €1,140
Gross operating margin -€2,038
Depreciation -€207
Financial income -€5
Financial charges +€4
Taxes +€290
Result 2025 -€816

Cash bridge derived

cash 2024 to 2025

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.

From operations +€381
Investment €0
Financing €0
Cash 2024 €1,047
Net result for the year -€816
Depreciation +€840
Stocks and contracts +€809
Receivables within one year +€968
Trade debts +€209
Tax, wage and social debts -€945
Other debts -€685
Cash 2025 €1,428
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €11,002 €8,765 -€2,237 -20.3%
Fixed assets 21/28 €3,567 €2,727 -€840 -23.6%
Tangible fixed assets 22/27 €3,567 €2,727 -€840 -23.6%
Plant, machinery and equipment 23 €3,567 €2,727 -€840 -23.6%
Current assets 29/58 €7,436 €6,039 -€1,397 -18.8%
Stocks and contracts in progress 3 €5,081 €4,272 -€809 -15.9%
Stocks 30/36 €5,081 €4,272 -€809 -15.9%
Amounts receivable within one year 40/41 €1,307 €339 -€968 -74.1%
Other amounts receivable 41 €1,307 €339 -€968 -74.1%
Cash at bank and in hand 54/58 €1,047 €1,428 +€381 +36.4%
Total equity and liabilities 10/49 €11,002 €8,765 -€2,237 -20.3%
Equity 10/15 €6,726 €5,910 -€816 -12.1%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €3,726 €2,910 -€816 -21.9%
Amounts payable 17/49 €4,276 €2,855 -€1,421 -33.2%
Amounts payable within one year 42/48 €4,276 €2,855 -€1,421 -33.2%
Trade debts 44 €471 €680 +€209 +44.5%
Suppliers 440/4 €471 €680 +€209 +44.5%
Taxes, remuneration and social security 45 €945 - -€945
Taxes 450/3 €945 - -€945
Other amounts payable 47/48 €2,860 €2,175 -€685 -23.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €633 €840 +€207 +32.6%
Gross operating margin 9900 €2,130 €91 -€2,038 -95.7%
Operating profit (loss) 9901 €1,496 -€749 -€2,245
Financial income 75/76B €8 €3 -€5 -58.5%
Recurring financial income 75 €8 €3 -€5 -58.5%
Financial charges 65/66B €74 €70 -€4 -4.8%
Recurring financial charges 65 €74 €70 -€4 -4.8%
Profit (loss) for the period before taxes 9903 €1,430 -€816 -€2,246
Income taxes 67/77 €290 - -€290
Profit (loss) for the period 9904 €1,140 -€816 -€1,956
Profit (loss) for the period to be appropriated 9905 €1,140 -€816 -€1,956

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 30 September 2026 via checked.be.