MULTICOM: 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.
MULTICOM
Largest movements
- Cash +€9,429
up €9,429 (+26.7%), from €35,252 to €44,681
mainly Net result for the year (+€5,847) and Other debts (+€3,674)
- Reserves +€5,847
new in 2025: €5,847
- Other debts +€3,674
up €3,674 (+36.9%), from €9,951 to €13,625
- Gross operating margin -€4,518
down €4,518 (-33.5%), from €13,505 to €8,987
- Taxes +€1,096
up €1,096 (+54.8%), from €2,000 to €3,096
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 | €35,665 | €45,095 | +€9,429 | +26.4% |
| Current assets | 29/58 | €35,665 | €45,095 | +€9,429 | +26.4% |
| Amounts receivable within one year | 40/41 | €414 | €414 | = | 0.0% |
| Other amounts receivable | 41 | €414 | €414 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,252 | €44,681 | +€9,429 | +26.7% |
| Total equity and liabilities | 10/49 | €35,665 | €45,095 | +€9,429 | +26.4% |
| Equity | 10/15 | €22,553 | €28,399 | +€5,847 | +25.9% |
| Contributions | 10/11 | €50,133 | €50,133 | = | 0.0% |
| Reserves | 13 | - | €5,847 | +€5,847 | |
| Distributable reserves | 133 | - | €5,847 | +€5,847 | |
| Profit (loss) carried forward | 14 | -€27,580 | -€27,580 | = | 0.0% |
| Amounts payable | 17/49 | €13,113 | €16,696 | +€3,583 | +27.3% |
| Amounts payable within one year | 42/48 | €13,113 | €16,696 | +€3,583 | +27.3% |
| Taxes, remuneration and social security | 45 | €3,162 | €3,071 | -€91 | -2.9% |
| Taxes | 450/3 | €3,162 | €3,071 | -€91 | -2.9% |
| Other amounts payable | 47/48 | €9,951 | €13,625 | +€3,674 | +36.9% |
| Gross operating margin | 9900 | €13,505 | €8,987 | -€4,518 | -33.5% |
| Operating profit (loss) | 9901 | €13,505 | €8,987 | -€4,518 | -33.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €45 | €45 | -€0 | -0.2% |
| Recurring financial charges | 65 | €45 | €45 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €13,460 | €8,942 | -€4,518 | -33.6% |
| Income taxes | 67/77 | €2,000 | €3,096 | +€1,096 | +54.8% |
| Profit (loss) for the period | 9904 | €11,460 | €5,847 | -€5,613 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,460 | €5,847 | -€5,613 | -49.0% |
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 17 October 2026 via checked.be.