MULTI TRANS FARCIENNES: 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 TRANS FARCIENNES
Largest movements
- Tangible fixed assets -€684,255
down €684,255 (-28.3%), from €2.4m to €1.7m
of which Furniture and vehicles: -€576,575
- Receivables within one year -€370,925
down €370,925 (-22.5%), from €1.7m to €1.3m
of which Other amounts receivable: -€467,069
- Financial fixed assets +€152,000
up €152,000 (+27.5%), from €552,770 to €704,770
- Cash +€111,762
up €111,762 (+51.3%), from €217,936 to €329,697
mainly Depreciation (+€749,102) and Receivables within one year (+€370,925)
- Trade debts -€402,057
down €402,057 (-39.9%), from €1.0m to €604,794
- Tax, wage and social debts -€219,060
down €219,060 (-48.2%), from €454,519 to €235,460
of which Taxes: -€233,716
- Current portion of long-term debt -€164,649
down €164,649 (-96.6%), from €170,484 to €5,836
- Gross operating margin -€3.4m
down €3.4m (-54.1%), from €6.3m to €2.9m
- Staff costs -€1.3m
down €1.3m (-38.5%), from €3.4m to €2.1m
- Depreciation -€527,153
down €527,153 (-41.3%), from €1.3m to €749,102
- Taxes -€369,165
down €369,165 (-98.6%), from €374,340 to €5,175
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.
Derived cash bridge
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 | €4,855,232 | €4,074,134 | -€781,098 | -16.1% |
| Fixed assets | 21/28 | €2,969,850 | €2,437,595 | -€532,255 | -17.9% |
| Tangible fixed assets | 22/27 | €2,417,080 | €1,732,825 | -€684,255 | -28.3% |
| Plant, machinery and equipment | 23 | €22,562 | €31,594 | +€9,032 | +40.0% |
| Furniture and vehicles | 24 | €2,038,546 | €1,461,971 | -€576,575 | -28.3% |
| Leasing and similar rights | 25 | €355,972 | €239,260 | -€116,712 | -32.8% |
| Financial fixed assets | 28 | €552,770 | €704,770 | +€152,000 | +27.5% |
| Current assets | 29/58 | €1,885,382 | €1,636,539 | -€248,843 | -13.2% |
| Amounts receivable within one year | 40/41 | €1,651,222 | €1,280,297 | -€370,925 | -22.5% |
| Trade receivables | 40 | €961,496 | €1,057,640 | +€96,144 | +10.0% |
| Other amounts receivable | 41 | €689,725 | €222,656 | -€467,069 | -67.7% |
| Cash at bank and in hand | 54/58 | €217,936 | €329,697 | +€111,762 | +51.3% |
| Deferred charges and accrued income | 490/1 | €16,225 | €26,545 | +€10,320 | +63.6% |
| Total equity and liabilities | 10/49 | €4,855,232 | €4,074,134 | -€781,098 | -16.1% |
| Equity | 10/15 | €3,124,523 | €3,133,658 | +€9,135 | +0.3% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €3,012,971 | €3,022,106 | +€9,135 | +0.3% |
| Tax-exempt reserves | 132 | €410,748 | €410,748 | = | 0.0% |
| Distributable reserves | 133 | €2,602,223 | €2,611,358 | +€9,135 | +0.4% |
| Amounts payable | 17/49 | €1,730,709 | €940,476 | -€790,233 | -45.7% |
| Amounts payable after more than one year | 17 | €37,171 | €31,335 | -€5,836 | -15.7% |
| Financial debts | 170/4 | €37,171 | €31,335 | -€5,836 | -15.7% |
| Amounts payable within one year | 42/48 | €1,683,624 | €898,883 | -€784,741 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €170,484 | €5,836 | -€164,649 | -96.6% |
| Trade debts | 44 | €1,006,851 | €604,794 | -€402,057 | -39.9% |
| Suppliers | 440/4 | €1,006,851 | €604,794 | -€402,057 | -39.9% |
| Taxes, remuneration and social security | 45 | €454,519 | €235,460 | -€219,060 | -48.2% |
| Taxes | 450/3 | €310,101 | €76,385 | -€233,716 | -75.4% |
| Remuneration and social security | 454/9 | €144,418 | €159,075 | +€14,657 | +10.1% |
| Other amounts payable | 47/48 | €51,770 | €52,794 | +€1,025 | +2.0% |
| Accrued charges and deferred income | 492/3 | €9,914 | €10,257 | +€343 | +3.5% |
| Non-recurring operating income | 76A | €22,896 | €11,397 | -€11,499 | -50.2% |
| Remuneration, social security and pensions | 62 | €3,387,959 | €2,082,478 | -€1.3m | -38.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,276,255 | €749,102 | -€527,153 | -41.3% |
| Other operating charges | 640/8 | €72,642 | €31,828 | -€40,813 | -56.2% |
| Gross operating margin | 9900 | €6,273,097 | €2,878,795 | -€3.4m | -54.1% |
| Operating profit (loss) | 9901 | €1,536,241 | €15,386 | -€1.5m | -99.0% |
| Financial income | 75/76B | €9,009 | €8,131 | -€877 | -9.7% |
| Recurring financial income | 75 | €9,009 | €8,131 | -€877 | -9.7% |
| Financial charges | 65/66B | €22,428 | €9,208 | -€13,220 | -58.9% |
| Recurring financial charges | 65 | €22,428 | €9,208 | -€13,220 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €1,522,822 | €14,309 | -€1.5m | -99.1% |
| Income taxes | 67/77 | €374,340 | €5,175 | -€369,165 | -98.6% |
| Profit (loss) for the period | 9904 | €1,148,482 | €9,135 | -€1.1m | -99.2% |
| Transfer to tax-exempt reserves | 689 | €22,750 | €0 | -€22,750 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €1,125,732 | €9,135 | -€1.1m | -99.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.