Multicall Business Services & Security: 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.
Multicall Business Services & Security
Largest movements
- Cash +€62,151
up €62,151 (+160%), from €38,752 to €100,903
mainly Other debts (+€100,000) and Net result for the year (+€43,165)
- Receivables within one year -€23,189
down €23,189 (-4.5%), from €516,521 to €493,332
of which Trade receivables: -€35,385
- Other debts +€100,000
new in 2025: €100,000
- Reserves -€56,835
down €56,835 (-16.5%), from €344,133 to €287,298
of which Distributable reserves: -€56,835
- Trade debts -€18,284
down €18,284 (-49.7%), from €36,814 to €18,530
- Tax, wage and social debts +€14,088
up €14,088 (+40.3%), from €34,939 to €49,027
of which Taxes: +€11,030
- Gross operating margin +€13,016
up €13,016 (+30.6%), from €42,476 to €55,492
- Taxes +€7,985
up €7,985 (+102%), from €7,841 to €15,826
- Financial income +€6,154
up €6,154 (+205%), from €3,009 to €9,163
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 | €560,386 | €599,355 | +€38,969 | +7.0% |
| Fixed assets | 21/28 | €4,350 | €4,350 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €4,350 | €4,350 | = | 0.0% |
| Current assets | 29/58 | €556,036 | €595,005 | +€38,969 | +7.0% |
| Amounts receivable within one year | 40/41 | €516,521 | €493,332 | -€23,189 | -4.5% |
| Trade receivables | 40 | €205,084 | €169,699 | -€35,385 | -17.3% |
| Other amounts receivable | 41 | €311,436 | €323,633 | +€12,197 | +3.9% |
| Cash at bank and in hand | 54/58 | €38,752 | €100,903 | +€62,151 | +160% |
| Deferred charges and accrued income | 490/1 | €764 | €770 | +€6 | +0.8% |
| Total equity and liabilities | 10/49 | €560,386 | €599,355 | +€38,969 | +7.0% |
| Equity | 10/15 | €486,133 | €429,298 | -€56,835 | -11.7% |
| Contributions | 10/11 | €142,000 | €142,000 | = | 0.0% |
| Capital | 10 | €142,000 | €142,000 | = | 0.0% |
| Issued capital | 100 | €142,000 | €142,000 | = | 0.0% |
| Reserves | 13 | €344,133 | €287,298 | -€56,835 | -16.5% |
| Non-distributable reserves | 130/1 | €14,200 | €14,200 | = | 0.0% |
| Legal reserve | 130 | €14,200 | €14,200 | = | 0.0% |
| Distributable reserves | 133 | €329,933 | €273,098 | -€56,835 | -17.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €74,253 | €170,056 | +€95,804 | +129% |
| Amounts payable within one year | 42/48 | €71,753 | €167,556 | +€95,804 | +134% |
| Trade debts | 44 | €36,814 | €18,530 | -€18,284 | -49.7% |
| Suppliers | 440/4 | €36,814 | €18,530 | -€18,284 | -49.7% |
| Taxes, remuneration and social security | 45 | €34,939 | €49,027 | +€14,088 | +40.3% |
| Taxes | 450/3 | €34,939 | €45,968 | +€11,030 | +31.6% |
| Remuneration and social security | 454/9 | €0 | €3,058 | +€3,058 | |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €436 | €0 | -€436 | -100% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €42,476 | €55,492 | +€13,016 | +30.6% |
| Operating profit (loss) | 9901 | €41,512 | €54,948 | +€13,436 | +32.4% |
| Financial income | 75/76B | €3,009 | €9,163 | +€6,154 | +205% |
| Recurring financial income | 75 | €3,009 | €9,163 | +€6,154 | +205% |
| Financial charges | 65/66B | €4,598 | €5,120 | +€522 | +11.3% |
| Recurring financial charges | 65 | €4,598 | €5,120 | +€522 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €39,922 | €58,991 | +€19,069 | +47.8% |
| Income taxes | 67/77 | €7,841 | €15,826 | +€7,985 | +102% |
| Profit (loss) for the period | 9904 | €32,081 | €43,165 | +€11,084 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,081 | €43,165 | +€11,084 | +34.5% |
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 26 October 2026 via checked.be.