MULTIFLOORS: 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.
MULTIFLOORS
Largest movements
- Tangible fixed assets +€342,525
up €342,525 (+677.0%), from €50,598 to €393,123
of which Land and buildings: +€349,854
- Cash -€58,364
down €58,364 (-60.4%), from €96,552 to €38,188
mainly Investment in fixed assets (net) (-€381,052) and Tax, wage and social debts (-€3,011)
- Debts after one year +€258,359
up €258,359 (+1969.6%), from €13,118 to €271,477
of which Financial debts: +€258,359
- Current portion of long-term debt +€15,104
up €15,104 (+275.7%), from €5,478 to €20,582
- Trade debts +€4,755
up €4,755 (+56.1%), from €8,476 to €13,231
- Depreciation +€27,221
up €27,221 (+240.8%), from €11,305 to €38,526
- Gross operating margin -€9,852
down €9,852 (-16.7%), from €58,924 to €49,071
- Taxes -€7,188
down €7,188 (-88.9%), from €8,082 to €894
- Financial charges +€4,738
up €4,738 (+944.8%), from €502 to €5,240
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 | €177,106 | €456,587 | +€279,481 | +157.8% |
| Fixed assets | 21/28 | €50,598 | €393,123 | +€342,525 | +677.0% |
| Tangible fixed assets | 22/27 | €50,598 | €393,123 | +€342,525 | +677.0% |
| Land and buildings | 22 | - | €349,854 | +€349,854 | |
| Plant, machinery and equipment | 23 | €1,505 | €4,754 | +€3,249 | +215.9% |
| Furniture and vehicles | 24 | €18,043 | €11,859 | -€6,184 | -34.3% |
| Other tangible fixed assets | 26 | €31,050 | €26,656 | -€4,394 | -14.2% |
| Current assets | 29/58 | €126,508 | €63,464 | -€63,044 | -49.8% |
| Stocks and contracts in progress | 3 | €10,573 | €10,002 | -€571 | -5.4% |
| Stocks | 30/36 | €10,573 | €10,002 | -€571 | -5.4% |
| Amounts receivable within one year | 40/41 | €18,135 | €14,236 | -€3,898 | -21.5% |
| Trade receivables | 40 | €17,949 | €8,579 | -€9,370 | -52.2% |
| Other amounts receivable | 41 | €186 | €5,657 | +€5,471 | +2944.0% |
| Cash at bank and in hand | 54/58 | €96,552 | €38,188 | -€58,364 | -60.4% |
| Deferred charges and accrued income | 490/1 | €1,249 | €1,038 | -€211 | -16.9% |
| Total equity and liabilities | 10/49 | €177,106 | €456,587 | +€279,481 | +157.8% |
| Equity | 10/15 | €142,593 | €145,097 | +€2,504 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,993 | €126,497 | +€2,504 | +2.0% |
| Distributable reserves | 133 | €123,993 | €126,497 | +€2,504 | +2.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,513 | €311,490 | +€276,977 | +802.5% |
| Amounts payable after more than one year | 17 | €13,118 | €271,477 | +€258,359 | +1969.6% |
| Financial debts | 170/4 | €5,618 | €263,977 | +€258,359 | +4599.1% |
| Other amounts payable | 178/9 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,395 | €39,293 | +€17,898 | +83.7% |
| Current portion of amounts payable after more than one year | 42 | €5,478 | €20,582 | +€15,104 | +275.7% |
| Financial debts | 43 | €290 | €1,094 | +€803 | +276.6% |
| Credit institutions | 430/8 | €290 | €1,094 | +€803 | +276.6% |
| Trade debts | 44 | €8,476 | €13,231 | +€4,755 | +56.1% |
| Suppliers | 440/4 | €8,476 | €13,231 | +€4,755 | +56.1% |
| Taxes, remuneration and social security | 45 | €3,011 | €0 | -€3,011 | -100.0% |
| Taxes | 450/3 | €3,011 | €0 | -€3,011 | -100.0% |
| Other amounts payable | 47/48 | €4,141 | €4,387 | +€246 | +5.9% |
| Accrued charges and deferred income | 492/3 | - | €720 | +€720 | |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,305 | €38,526 | +€27,221 | +240.8% |
| Other operating charges | 640/8 | €769 | €1,178 | +€409 | +53.2% |
| Non-recurring operating charges | 66A | €7,905 | €0 | -€7,905 | -100.0% |
| Gross operating margin | 9900 | €58,924 | €49,071 | -€9,852 | -16.7% |
| Operating profit (loss) | 9901 | €38,944 | €9,367 | -€29,577 | -75.9% |
| Financial income | 75/76B | €350 | €104 | -€246 | -70.3% |
| Recurring financial income | 75 | €350 | €104 | -€246 | -70.3% |
| Financial charges | 65/66B | €502 | €5,240 | +€4,738 | +944.8% |
| Recurring financial charges | 65 | €502 | €5,240 | +€4,738 | +944.8% |
| Profit (loss) for the period before taxes | 9903 | €38,793 | €4,231 | -€34,562 | -89.1% |
| Income taxes | 67/77 | €8,082 | €894 | -€7,188 | -88.9% |
| Profit (loss) for the period | 9904 | €30,711 | €3,337 | -€27,374 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,711 | €3,337 | -€27,374 | -89.1% |
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 4 October 2026 via checked.be.