MULTICALOR INDUSTRIES: 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.
MULTICALOR INDUSTRIES
Largest movements
- Cash +€320,551
up €320,551 (+39.9%), from €803,296 to €1.1m
mainly Depreciation (+€302,415) and Net result for the year (+€175,467)
- Tangible fixed assets -€231,665
down €231,665 (-21.6%), from €1.1m to €842,164
of which Plant, machinery and equipment: -€248,000
- Receivables within one year -€135,356
down €135,356 (-37.3%), from €363,276 to €227,920
of which Trade receivables: -€89,770
- Reserves +€90,467
up €90,467 (+4.1%), from €2.2m to €2.3m
of which Distributable reserves: +€90,467
- Trade debts -€80,552
down €80,552 (-20.6%), from €391,462 to €310,910
- Provisions -€23,347
down €23,347, from €9,300 to -€14,047
- Other operating charges +€21,356
up €21,356 (+58.1%), from €36,764 to €58,119
- Staff costs +€20,208
up €20,208 (+4.1%), from €490,187 to €510,395
- Financial charges +€16,707
up €16,707 (+161.2%), from €10,364 to €27,071
- Depreciation +€12,576
up €12,576 (+4.3%), from €289,839 to €302,415
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 | €3,273,547 | €3,235,945 | -€37,602 | -1.1% |
| Fixed assets | 21/28 | €1,073,829 | €842,164 | -€231,665 | -21.6% |
| Tangible fixed assets | 22/27 | €1,073,829 | €842,164 | -€231,665 | -21.6% |
| Land and buildings | 22 | €373,861 | €362,028 | -€11,834 | -3.2% |
| Plant, machinery and equipment | 23 | €684,748 | €436,748 | -€248,000 | -36.2% |
| Furniture and vehicles | 24 | €15,220 | €43,388 | +€28,168 | +185.1% |
| Current assets | 29/58 | €2,199,717 | €2,393,781 | +€194,064 | +8.8% |
| Stocks and contracts in progress | 3 | €1,024,553 | €1,028,538 | +€3,984 | +0.4% |
| Stocks | 30/36 | €1,024,553 | €1,028,538 | +€3,984 | +0.4% |
| Amounts receivable within one year | 40/41 | €363,276 | €227,920 | -€135,356 | -37.3% |
| Trade receivables | 40 | €296,945 | €207,175 | -€89,770 | -30.2% |
| Other amounts receivable | 41 | €66,331 | €20,745 | -€45,586 | -68.7% |
| Cash at bank and in hand | 54/58 | €803,296 | €1,123,846 | +€320,551 | +39.9% |
| Deferred charges and accrued income | 490/1 | €8,593 | €13,477 | +€4,885 | +56.8% |
| Total equity and liabilities | 10/49 | €3,273,547 | €3,235,945 | -€37,602 | -1.1% |
| Equity | 10/15 | €2,518,709 | €2,606,296 | +€87,587 | +3.5% |
| Contributions | 10/11 | €299,048 | €299,048 | = | 0.0% |
| Capital | 10 | €298,989 | €298,989 | = | 0.0% |
| Issued capital | 100 | €298,989 | €298,989 | = | 0.0% |
| Outside capital | 11 | €59 | €59 | = | 0.0% |
| Share premium | 1100/10 | €59 | €59 | = | 0.0% |
| Reserves | 13 | €2,193,742 | €2,284,209 | +€90,467 | +4.1% |
| Non-distributable reserves | 130/1 | €29,899 | €29,899 | = | 0.0% |
| Legal reserve | 130 | €29,899 | €29,899 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,283 | €33,283 | = | 0.0% |
| Distributable reserves | 133 | €2,130,559 | €2,221,026 | +€90,467 | +4.2% |
| Investment grants | 15 | €25,920 | €23,040 | -€2,880 | -11.1% |
| Provisions and deferred taxes | 16 | €123,722 | €109,676 | -€14,047 | -11.4% |
| Provisions for liabilities and charges | 160/5 | €123,722 | €109,676 | -€14,047 | -11.4% |
| Other liabilities and charges | 164/5 | €123,722 | €109,676 | -€14,047 | -11.4% |
| Amounts payable | 17/49 | €631,115 | €519,973 | -€111,142 | -17.6% |
| Amounts payable within one year | 42/48 | €631,115 | €519,973 | -€111,142 | -17.6% |
| Trade debts | 44 | €391,462 | €310,910 | -€80,552 | -20.6% |
| Suppliers | 440/4 | €391,462 | €310,910 | -€80,552 | -20.6% |
| Taxes, remuneration and social security | 45 | €102,522 | €88,657 | -€13,865 | -13.5% |
| Taxes | 450/3 | €44,878 | €22,849 | -€22,029 | -49.1% |
| Remuneration and social security | 454/9 | €57,643 | €65,807 | +€8,164 | +14.2% |
| Other amounts payable | 47/48 | €137,131 | €120,406 | -€16,725 | -12.2% |
| Remuneration, social security and pensions | 62 | €490,187 | €510,395 | +€20,208 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289,839 | €302,415 | +€12,576 | +4.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €9,300 | -€14,047 | -€23,347 | |
| Other operating charges | 640/8 | €36,764 | €58,119 | +€21,356 | +58.1% |
| Gross operating margin | 9900 | €1,081,923 | €1,084,054 | +€2,131 | +0.2% |
| Operating profit (loss) | 9901 | €255,832 | €227,171 | -€28,661 | -11.2% |
| Financial income | 75/76B | €4,170 | €6,181 | +€2,011 | +48.2% |
| Recurring financial income | 75 | €4,045 | €6,181 | +€2,136 | +52.8% |
| Non-recurring financial income | 76B | €125 | - | -€125 | |
| Financial charges | 65/66B | €10,364 | €27,071 | +€16,707 | +161.2% |
| Recurring financial charges | 65 | €10,364 | €27,071 | +€16,707 | +161.2% |
| Profit (loss) for the period before taxes | 9903 | €249,638 | €206,281 | -€43,357 | -17.4% |
| Income taxes | 67/77 | €38,585 | €30,814 | -€7,771 | -20.1% |
| Profit (loss) for the period | 9904 | €211,053 | €175,467 | -€35,586 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €211,053 | €175,467 | -€35,586 | -16.9% |
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 8 October 2026 via checked.be.