MULTIDIVE & MULTIBOUW: 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.
MULTIDIVE & MULTIBOUW
Largest movements
- Receivables within one year +€9,711
up €9,711 (+18.8%), from €51,722 to €61,434
of which Other amounts receivable: +€8,949
- Cash -€2,311
down €2,311 (-25.0%), from €9,252 to €6,941
mainly Receivables within one year (-€9,711) and Deferred charges and accrued income (-€1,036)
- Deferred charges and accrued income +€1,036
up €1,036 (+45.6%), from €2,272 to €3,308
- Profit (loss) carried forward +€6,592
up €6,592 (+14.5%), from -€45,584 to -€38,992
- Tax, wage and social debts +€1,070
up €1,070 (+47.1%), from €2,273 to €3,344
- Trade debts +€886
up €886 (+38.9%), from €2,277 to €3,163
- Gross operating margin -€5,916
down €5,916 (-36.6%), from €16,181 to €10,265
- Taxes +€1,307
up €1,307 (+936.6%), from €140 to €1,446
- Other operating charges -€836
down €836 (-52.0%), from €1,608 to €772
- Depreciation +€468
up €468 (+87.7%), from €533 to €1,001
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 | €72,378 | €80,926 | +€8,548 | +11.8% |
| Fixed assets | 21/28 | €7,426 | €6,880 | -€546 | -7.4% |
| Tangible fixed assets | 22/27 | €7,426 | €6,880 | -€546 | -7.4% |
| Plant, machinery and equipment | 23 | €6,159 | €6,081 | -€78 | -1.3% |
| Furniture and vehicles | 24 | €1,267 | €799 | -€468 | -36.9% |
| Current assets | 29/58 | €64,952 | €74,046 | +€9,094 | +14.0% |
| Stocks and contracts in progress | 3 | €1,705 | €2,363 | +€658 | +38.6% |
| Stocks | 30/36 | €1,705 | €2,363 | +€658 | +38.6% |
| Amounts receivable within one year | 40/41 | €51,722 | €61,434 | +€9,711 | +18.8% |
| Trade receivables | 40 | €1,624 | €2,386 | +€762 | +46.9% |
| Other amounts receivable | 41 | €50,098 | €59,047 | +€8,949 | +17.9% |
| Cash at bank and in hand | 54/58 | €9,252 | €6,941 | -€2,311 | -25.0% |
| Deferred charges and accrued income | 490/1 | €2,272 | €3,308 | +€1,036 | +45.6% |
| Total equity and liabilities | 10/49 | €72,378 | €80,926 | +€8,548 | +11.8% |
| Equity | 10/15 | €67,828 | €74,420 | +€6,592 | +9.7% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,394 | €1,394 | = | 0.0% |
| Legal reserve | 130 | €1,394 | €1,394 | = | 0.0% |
| Distributable reserves | 133 | €465 | €465 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,584 | -€38,992 | +€6,592 | +14.5% |
| Amounts payable | 17/49 | €4,550 | €6,507 | +€1,957 | +43.0% |
| Amounts payable within one year | 42/48 | €4,550 | €6,507 | +€1,957 | +43.0% |
| Trade debts | 44 | €2,277 | €3,163 | +€886 | +38.9% |
| Suppliers | 440/4 | €2,277 | €3,163 | +€886 | +38.9% |
| Taxes, remuneration and social security | 45 | €2,273 | €3,344 | +€1,070 | +47.1% |
| Taxes | 450/3 | €2,273 | €3,344 | +€1,070 | +47.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533 | €1,001 | +€468 | +87.7% |
| Other operating charges | 640/8 | €1,608 | €772 | -€836 | -52.0% |
| Gross operating margin | 9900 | €16,181 | €10,265 | -€5,916 | -36.6% |
| Operating profit (loss) | 9901 | €14,039 | €8,492 | -€5,548 | -39.5% |
| Financial income | 75/76B | €0 | €28 | +€28 | +281000.0% |
| Recurring financial income | 75 | €0 | €28 | +€28 | +281000.0% |
| Financial charges | 65/66B | €488 | €481 | -€6 | -1.3% |
| Recurring financial charges | 65 | €488 | €481 | -€6 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €13,552 | €8,038 | -€5,513 | -40.7% |
| Income taxes | 67/77 | €140 | €1,446 | +€1,307 | +936.6% |
| Profit (loss) for the period | 9904 | €13,412 | €6,592 | -€6,820 | -50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,412 | €6,592 | -€6,820 | -50.9% |
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 3 October 2026 via checked.be.