MULTIBOIS POUCET: 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.
MULTIBOIS POUCET
Largest movements
- Receivables within one year +€156,354
up €156,354 (+52.4%), from €298,210 to €454,564
of which Trade receivables: +€170,729
- Tangible fixed assets -€49,249
down €49,249 (-24.0%), from €205,132 to €155,883
of which Land and buildings: -€29,340
- Stocks and contracts +€29,958
up €29,958 (+4.3%), from €701,326 to €731,284
- Cash +€18,897
up €18,897 (+10.3%), from €183,702 to €202,599
mainly Net result for the year (+€90,920) and Depreciation (+€64,318)
- Profit (loss) carried forward +€90,920
up €90,920 (+19.4%), from €469,201 to €560,121
- Trade debts +€62,707
up €62,707 (+22.2%), from €282,494 to €345,201
- Tax, wage and social debts +€37,605
up €37,605 (+63.9%), from €58,806 to €96,411
of which Remuneration and social security: +€25,654
- Debts after one year -€18,312
down €18,312 (-17.7%), from €103,488 to €85,176
- Current portion of long-term debt -€16,715
down €16,715 (-47.7%), from €35,027 to €18,312
- Gross operating margin +€94,454
up €94,454 (+19.2%), from €491,907 to €586,361
- Staff costs -€58,151
down €58,151 (-13.3%), from €437,510 to €379,359
- Taxes +€25,504
up €25,504, from -€339 to €25,165
- Write-downs +€14,024
up €14,024, from -€9,723 to €4,301
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 | €1,395,406 | €1,551,611 | +€156,205 | +11.2% |
| Fixed assets | 21/28 | €205,132 | €155,883 | -€49,249 | -24.0% |
| Tangible fixed assets | 22/27 | €205,132 | €155,883 | -€49,249 | -24.0% |
| Land and buildings | 22 | €160,942 | €131,602 | -€29,340 | -18.2% |
| Plant, machinery and equipment | 23 | €32,908 | €24,281 | -€8,627 | -26.2% |
| Furniture and vehicles | 24 | €11,282 | - | -€11,282 | |
| Current assets | 29/58 | €1,190,274 | €1,395,728 | +€205,454 | +17.3% |
| Stocks and contracts in progress | 3 | €701,326 | €731,284 | +€29,958 | +4.3% |
| Stocks | 30/36 | €701,326 | €731,284 | +€29,958 | +4.3% |
| Amounts receivable within one year | 40/41 | €298,210 | €454,564 | +€156,354 | +52.4% |
| Trade receivables | 40 | €238,399 | €409,128 | +€170,729 | +71.6% |
| Other amounts receivable | 41 | €59,811 | €45,436 | -€14,375 | -24.0% |
| Cash at bank and in hand | 54/58 | €183,702 | €202,599 | +€18,897 | +10.3% |
| Deferred charges and accrued income | 490/1 | €7,036 | €7,281 | +€245 | +3.5% |
| Total equity and liabilities | 10/49 | €1,395,406 | €1,551,611 | +€156,205 | +11.2% |
| Equity | 10/15 | €915,591 | €1,006,511 | +€90,920 | +9.9% |
| Contributions | 10/11 | €224,000 | €224,000 | = | 0.0% |
| Capital | 10 | €223,896 | €223,896 | = | 0.0% |
| Issued capital | 100 | €223,896 | €223,896 | = | 0.0% |
| Contributions outside capital | 11 | €104 | €104 | = | 0.0% |
| Share premium | 1100/10 | €104 | €104 | = | 0.0% |
| Reserves | 13 | €222,390 | €222,390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,390 | €22,390 | = | 0.0% |
| Legal reserve | 130 | €22,390 | €22,390 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €469,201 | €560,121 | +€90,920 | +19.4% |
| Amounts payable | 17/49 | €479,815 | €545,100 | +€65,285 | +13.6% |
| Amounts payable after more than one year | 17 | €103,488 | €85,176 | -€18,312 | -17.7% |
| Financial debts | 170/4 | €103,488 | €85,176 | -€18,312 | -17.7% |
| Amounts payable within one year | 42/48 | €376,327 | €459,924 | +€83,597 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €35,027 | €18,312 | -€16,715 | -47.7% |
| Trade debts | 44 | €282,494 | €345,201 | +€62,707 | +22.2% |
| Suppliers | 440/4 | €282,494 | €345,201 | +€62,707 | +22.2% |
| Taxes, remuneration and social security | 45 | €58,806 | €96,411 | +€37,605 | +63.9% |
| Taxes | 450/3 | €14,514 | €26,465 | +€11,951 | +82.3% |
| Remuneration and social security | 454/9 | €44,292 | €69,946 | +€25,654 | +57.9% |
| Remuneration, social security and pensions | 62 | €437,510 | €379,359 | -€58,151 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,906 | €64,318 | -€5,588 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€9,723 | €4,301 | +€14,024 | |
| Other operating charges | 640/8 | €15,971 | €15,117 | -€854 | -5.3% |
| Non-recurring operating charges | 66A | €1,080 | - | -€1,080 | |
| Gross operating margin | 9900 | €491,907 | €586,361 | +€94,454 | +19.2% |
| Operating profit (loss) | 9901 | -€22,837 | €123,266 | +€146,103 | |
| Financial income | 75/76B | €6,114 | €2,042 | -€4,072 | -66.6% |
| Recurring financial income | 75 | €4,356 | €1,661 | -€2,695 | -61.9% |
| Non-recurring financial income | 76B | €1,758 | €381 | -€1,377 | -78.3% |
| Financial charges | 65/66B | €9,837 | €9,223 | -€614 | -6.2% |
| Recurring financial charges | 65 | €9,837 | €9,216 | -€621 | -6.3% |
| Non-recurring financial charges | 66B | - | €7 | +€7 | |
| Profit (loss) for the period before taxes | 9903 | -€26,560 | €116,085 | +€142,645 | |
| Income taxes | 67/77 | -€339 | €25,165 | +€25,504 | |
| Profit (loss) for the period | 9904 | -€26,221 | €90,920 | +€117,141 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,221 | €90,920 | +€117,141 |
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 21 October 2026 via checked.be.