Multi-Toits: 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-Toits
Largest movements
- Receivables within one year +€30,395
up €30,395 (+104.3%), from €29,138 to €59,533
of which Trade receivables: +€21,318
- Cash -€7,968
down €7,968 (-77.3%), from €10,303 to €2,336
mainly Receivables within one year (-€30,395) and Investment in fixed assets (net) (-€10,844)
- Tangible fixed assets +€3,722
up €3,722 (+10.0%), from €37,260 to €40,982
of which Furniture and vehicles: +€6,421
- Advances received +€21,416
up €21,416 (+817.0%), from €2,621 to €24,038
- Reserves +€11,800
up €11,800 (+85.1%), from €13,860 to €25,660
- Trade debts -€5,221
down €5,221 (-21.2%), from €24,586 to €19,366
- Debts after one year -€2,487
down €2,487 (-37.3%), from €6,668 to €4,181
- Tax, wage and social debts +€2,290
up €2,290 (+33.3%), from €6,883 to €9,172
of which Taxes: +€1,435
- Staff costs +€10,351
up €10,351 (+8.0%), from €129,311 to €139,662
- Depreciation -€8,633
down €8,633 (-54.8%), from €15,754 to €7,121
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 | €90,726 | €115,542 | +€24,817 | +27.4% |
| Fixed assets | 21/28 | €37,310 | €41,032 | +€3,722 | +10.0% |
| Tangible fixed assets | 22/27 | €37,260 | €40,982 | +€3,722 | +10.0% |
| Land and buildings | 22 | €26,240 | €22,472 | -€3,768 | -14.4% |
| Plant, machinery and equipment | 23 | €11,020 | €12,089 | +€1,069 | +9.7% |
| Furniture and vehicles | 24 | - | €6,421 | +€6,421 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €53,416 | €74,511 | +€21,094 | +39.5% |
| Stocks and contracts in progress | 3 | €10,517 | €9,584 | -€933 | -8.9% |
| Stocks | 30/36 | €10,517 | €9,584 | -€933 | -8.9% |
| Amounts receivable within one year | 40/41 | €29,138 | €59,533 | +€30,395 | +104.3% |
| Trade receivables | 40 | €12,020 | €33,338 | +€21,318 | +177.4% |
| Other amounts receivable | 41 | €17,118 | €26,195 | +€9,077 | +53.0% |
| Cash at bank and in hand | 54/58 | €10,303 | €2,336 | -€7,968 | -77.3% |
| Deferred charges and accrued income | 490/1 | €3,458 | €3,058 | -€400 | -11.6% |
| Total equity and liabilities | 10/49 | €90,726 | €115,542 | +€24,817 | +27.4% |
| Equity | 10/15 | €43,385 | €54,213 | +€10,828 | +25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,860 | €25,660 | +€11,800 | +85.1% |
| Distributable reserves | 133 | €13,860 | €25,660 | +€11,800 | +85.1% |
| Profit (loss) carried forward | 14 | €9,866 | €9,953 | +€87 | +0.9% |
| Investment grants | 15 | €1,059 | - | -€1,059 | |
| Amounts payable | 17/49 | €47,341 | €61,330 | +€13,989 | +29.5% |
| Amounts payable after more than one year | 17 | €6,668 | €4,181 | -€2,487 | -37.3% |
| Financial debts | 170/4 | €6,668 | €4,181 | -€2,487 | -37.3% |
| Amounts payable within one year | 42/48 | €39,471 | €56,170 | +€16,699 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €4,273 | €2,487 | -€1,786 | -41.8% |
| Trade debts | 44 | €24,586 | €19,366 | -€5,221 | -21.2% |
| Suppliers | 440/4 | €24,586 | €19,366 | -€5,221 | -21.2% |
| Advances received on contracts in progress | 46 | €2,621 | €24,038 | +€21,416 | +817.0% |
| Taxes, remuneration and social security | 45 | €6,883 | €9,172 | +€2,290 | +33.3% |
| Taxes | 450/3 | €2,727 | €4,162 | +€1,435 | +52.6% |
| Remuneration and social security | 454/9 | €4,156 | €5,010 | +€854 | +20.6% |
| Other amounts payable | 47/48 | €1,108 | €1,108 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,202 | €978 | -€223 | -18.6% |
| Remuneration, social security and pensions | 62 | €129,311 | €139,662 | +€10,351 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,754 | €7,121 | -€8,633 | -54.8% |
| Other operating charges | 640/8 | €3,074 | €2,595 | -€479 | -15.6% |
| Gross operating margin | 9900 | €162,829 | €162,348 | -€481 | -0.3% |
| Operating profit (loss) | 9901 | €14,690 | €12,969 | -€1,721 | -11.7% |
| Financial income | 75/76B | €1,429 | €2,128 | +€699 | +48.9% |
| Recurring financial income | 75 | €1,429 | €2,128 | +€699 | +48.9% |
| Financial charges | 65/66B | €2,679 | €2,030 | -€649 | -24.2% |
| Recurring financial charges | 65 | €2,679 | €2,030 | -€649 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €13,439 | €13,067 | -€373 | -2.8% |
| Income taxes | 67/77 | €1,200 | €1,180 | -€20 | -1.7% |
| Profit (loss) for the period | 9904 | €12,239 | €11,887 | -€353 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,239 | €11,887 | -€353 | -2.9% |
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 12 October 2026 via checked.be.