MULTICOOP: 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.
MULTICOOP
Largest movements
- Cash +€11,726
up €11,726 (+612%), from €1,917 to €13,643
mainly Depreciation (+€27,734) and Debts after one year (+€23,581)
- Tangible fixed assets +€8,513
up €8,513 (+8.2%), from €104,060 to €112,573
of which Furniture and vehicles: +€30,508
- Debts after one year +€23,581
new in 2025: €23,581
- Short-term financial debts -€20,000
down €20,000 (-95.2%), from €21,000 to €1,000
- Current portion of long-term debt +€9,176
new in 2025: €9,176
- Reserves +€6,366
up €6,366 (+85.9%), from €7,412 to €13,778
- Gross operating margin +€5,816
up €5,816 (+15.6%), from €37,292 to €43,108
- Depreciation +€1,492
up €1,492 (+5.7%), from €26,242 to €27,734
- Other operating charges +€1,033
up €1,033 (+19.6%), from €5,258 to €6,291
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 | €134,403 | €153,248 | +€18,845 | +14.0% |
| Formation expenses | 20 | €746 | - | -€746 | |
| Fixed assets | 21/28 | €104,243 | €112,756 | +€8,513 | +8.2% |
| Tangible fixed assets | 22/27 | €104,060 | €112,573 | +€8,513 | +8.2% |
| Land and buildings | 22 | €92,262 | €71,550 | -€20,712 | -22.4% |
| Plant, machinery and equipment | 23 | €282 | - | -€282 | |
| Furniture and vehicles | 24 | €4,508 | €35,016 | +€30,508 | +677% |
| Other tangible fixed assets | 26 | €7,008 | €6,007 | -€1,001 | -14.3% |
| Financial fixed assets | 28 | €183 | €183 | = | 0.0% |
| Current assets | 29/58 | €29,414 | €40,492 | +€11,078 | +37.7% |
| Amounts receivable within one year | 40/41 | €26,520 | €26,410 | -€110 | -0.4% |
| Trade receivables | 40 | €26,410 | €26,410 | = | 0.0% |
| Other amounts receivable | 41 | €110 | - | -€110 | |
| Current investments | 50/53 | €439 | €439 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,917 | €13,643 | +€11,726 | +612% |
| Deferred charges and accrued income | 490/1 | €538 | - | -€538 | |
| Total equity and liabilities | 10/49 | €134,403 | €153,248 | +€18,845 | +14.0% |
| Equity | 10/15 | €100,749 | €107,115 | +€6,366 | +6.3% |
| Contributions | 10/11 | €27,367 | €27,367 | = | 0.0% |
| Reserves | 13 | €7,412 | €13,778 | +€6,366 | +85.9% |
| Distributable reserves | 133 | €7,412 | €13,778 | +€6,366 | +85.9% |
| Profit (loss) carried forward | 14 | €65,970 | €65,970 | = | 0.0% |
| Amounts payable | 17/49 | €33,654 | €46,133 | +€12,479 | +37.1% |
| Amounts payable after more than one year | 17 | - | €23,581 | +€23,581 | |
| Financial debts | 170/4 | - | €23,581 | +€23,581 | |
| Amounts payable within one year | 42/48 | €23,572 | €13,914 | -€9,658 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | - | €9,176 | +€9,176 | |
| Financial debts | 43 | €21,000 | €1,000 | -€20,000 | -95.2% |
| Other loans | 439 | €21,000 | €1,000 | -€20,000 | -95.2% |
| Trade debts | 44 | - | €53 | +€53 | |
| Suppliers | 440/4 | - | €53 | +€53 | |
| Taxes, remuneration and social security | 45 | €630 | €1,462 | +€832 | +132% |
| Taxes | 450/3 | €630 | €1,462 | +€832 | +132% |
| Other amounts payable | 47/48 | €1,942 | €2,223 | +€281 | +14.5% |
| Accrued charges and deferred income | 492/3 | €10,082 | €8,638 | -€1,444 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,242 | €27,734 | +€1,492 | +5.7% |
| Other operating charges | 640/8 | €5,258 | €6,291 | +€1,033 | +19.6% |
| Gross operating margin | 9900 | €37,292 | €43,108 | +€5,816 | +15.6% |
| Operating profit (loss) | 9901 | €5,792 | €9,083 | +€3,291 | +56.8% |
| Financial charges | 65/66B | €1,685 | €1,886 | +€201 | +11.9% |
| Recurring financial charges | 65 | €1,685 | €1,886 | +€201 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €4,107 | €7,197 | +€3,090 | +75.2% |
| Income taxes | 67/77 | €630 | €831 | +€201 | +31.9% |
| Profit (loss) for the period | 9904 | €3,477 | €6,366 | +€2,889 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,477 | €6,366 | +€2,889 | +83.1% |
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 14 October 2026 via checked.be.