MULTICOMPANY A. EN E.: 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.
MULTICOMPANY A. EN E.
Largest movements
- Tangible fixed assets -€156,799
down €156,799 (-11.0%), from €1.4m to €1.3m
of which Land and buildings: -€154,009
- Debts after one year -€150,248
down €150,248 (-6.8%), from €2.2m to €2.1m
of which Financial debts: -€150,000
- Profit (loss) carried forward -€124,270
down €124,270 (-9.1%), from -€1.4m to -€1.5m
- Other debts +€102,229
up €102,229 (+1382.4%), from €7,395 to €109,624
- Trade debts +€21,298
up €21,298 (+134.7%), from €15,816 to €37,113
- Financial charges -€19,918
down €19,918 (-36.2%), from €55,088 to €35,170
- Gross operating margin -€16,741
down €16,741 (-5.3%), from €315,327 to €298,585
- Staff costs +€14,636
up €14,636 (+7.2%), from €202,243 to €216,879
- Other operating charges +€4,794
up €4,794 (+51.3%), from €9,338 to €14,132
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 | €1,460,077 | €1,314,420 | -€145,657 | -10.0% |
| Fixed assets | 21/28 | €1,424,878 | €1,267,832 | -€157,047 | -11.0% |
| Tangible fixed assets | 22/27 | €1,424,088 | €1,267,290 | -€156,799 | -11.0% |
| Land and buildings | 22 | €1,413,167 | €1,259,159 | -€154,009 | -10.9% |
| Plant, machinery and equipment | 23 | €8,214 | €6,022 | -€2,192 | -26.7% |
| Furniture and vehicles | 24 | €2,708 | €2,109 | -€598 | -22.1% |
| Financial fixed assets | 28 | €790 | €542 | -€248 | -31.4% |
| Current assets | 29/58 | €35,198 | €46,588 | +€11,390 | +32.4% |
| Stocks and contracts in progress | 3 | €8,222 | €7,546 | -€676 | -8.2% |
| Stocks | 30/36 | €8,222 | €7,546 | -€676 | -8.2% |
| Amounts receivable within one year | 40/41 | €9,897 | €21,183 | +€11,286 | +114.0% |
| Trade receivables | 40 | €5,881 | €12,557 | +€6,676 | +113.5% |
| Other amounts receivable | 41 | €4,016 | €8,626 | +€4,611 | +114.8% |
| Cash at bank and in hand | 54/58 | €17,079 | €13,861 | -€3,218 | -18.8% |
| Deferred charges and accrued income | 490/1 | - | €3,998 | +€3,998 | |
| Total equity and liabilities | 10/49 | €1,460,077 | €1,314,420 | -€145,657 | -10.0% |
| Equity | 10/15 | -€939,805 | -€1,064,075 | -€124,270 | -13.2% |
| Contributions | 10/11 | €418,592 | €418,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,358,397 | -€1,482,667 | -€124,270 | -9.1% |
| Amounts payable | 17/49 | €2,399,881 | €2,378,495 | -€21,387 | -0.9% |
| Amounts payable after more than one year | 17 | €2,204,806 | €2,054,558 | -€150,248 | -6.8% |
| Financial debts | 170/4 | €1,212,500 | €1,062,500 | -€150,000 | -12.4% |
| Other amounts payable | 178/9 | €992,306 | €992,058 | -€248 | 0.0% |
| Amounts payable within one year | 42/48 | €194,659 | €321,850 | +€127,191 | +65.3% |
| Current portion of amounts payable after more than one year | 42 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €15,816 | €37,113 | +€21,298 | +134.7% |
| Suppliers | 440/4 | €15,816 | €37,113 | +€21,298 | +134.7% |
| Advances received on contracts in progress | 46 | - | €1,008 | +€1,008 | |
| Taxes, remuneration and social security | 45 | €21,448 | €24,104 | +€2,656 | +12.4% |
| Taxes | 450/3 | €8,166 | €538 | -€7,628 | -93.4% |
| Remuneration and social security | 454/9 | €13,283 | €23,567 | +€10,284 | +77.4% |
| Other amounts payable | 47/48 | €7,395 | €109,624 | +€102,229 | +1382.4% |
| Accrued charges and deferred income | 492/3 | €417 | €2,087 | +€1,670 | +400.8% |
| Remuneration, social security and pensions | 62 | €202,243 | €216,879 | +€14,636 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,133 | €156,799 | -€2,334 | -1.5% |
| Other operating charges | 640/8 | €9,338 | €14,132 | +€4,794 | +51.3% |
| Gross operating margin | 9900 | €315,327 | €298,585 | -€16,741 | -5.3% |
| Operating profit (loss) | 9901 | -€55,387 | -€89,225 | -€33,838 | -61.1% |
| Financial income | 75/76B | €2,837 | €125 | -€2,713 | -95.6% |
| Recurring financial income | 75 | €2,837 | €125 | -€2,713 | -95.6% |
| Financial charges | 65/66B | €55,088 | €35,170 | -€19,918 | -36.2% |
| Recurring financial charges | 65 | €55,088 | €35,170 | -€19,918 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€107,638 | -€124,270 | -€16,632 | -15.5% |
| Profit (loss) for the period | 9904 | -€107,638 | -€124,270 | -€16,632 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,638 | -€124,270 | -€16,632 | -15.5% |
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 6 October 2026 via checked.be.