Multifonc: 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.
Multifonc
Largest movements
- Tangible fixed assets +€8,925
new in 2025: €8,925
- Receivables within one year +€8,659
up €8,659 (+30.9%), from €27,995 to €36,654
of which Trade receivables: +€4,391
- Cash +€2,758
up €2,758 (+61.2%), from €4,510 to €7,268
mainly Net result for the year (+€44,084) and Tax, wage and social debts (+€1,555)
- Profit (loss) carried forward +€44,084
up €44,084 (+30.6%), from -€143,897 to -€99,813
- Other debts -€25,181
down €25,181 (-18.3%), from €137,384 to €112,203
- Tax, wage and social debts +€1,555
new in 2025: €1,555
- Gross operating margin +€32,743
up €32,743 (+247.1%), from €13,249 to €45,992
- Financial income -€599
down €599 (-84.1%), from €712 to €113
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 | €37,405 | €57,647 | +€20,242 | +54.1% |
| Fixed assets | 21/28 | - | €8,925 | +€8,925 | |
| Tangible fixed assets | 22/27 | - | €8,925 | +€8,925 | |
| Furniture and vehicles | 24 | - | €8,925 | +€8,925 | |
| Current assets | 29/58 | €37,405 | €48,722 | +€11,317 | +30.3% |
| Stocks and contracts in progress | 3 | €4,900 | €4,800 | -€100 | -2.0% |
| Stocks | 30/36 | €4,900 | €4,800 | -€100 | -2.0% |
| Amounts receivable within one year | 40/41 | €27,995 | €36,654 | +€8,659 | +30.9% |
| Trade receivables | 40 | €23,626 | €28,017 | +€4,391 | +18.6% |
| Other amounts receivable | 41 | €4,369 | €8,637 | +€4,268 | +97.7% |
| Cash at bank and in hand | 54/58 | €4,510 | €7,268 | +€2,758 | +61.2% |
| Total equity and liabilities | 10/49 | €37,405 | €57,647 | +€20,242 | +54.1% |
| Equity | 10/15 | -€123,076 | -€78,992 | +€44,084 | +35.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,221 | €2,221 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €361 | €361 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,897 | -€99,813 | +€44,084 | +30.6% |
| Amounts payable | 17/49 | €160,481 | €136,639 | -€23,842 | -14.9% |
| Amounts payable within one year | 42/48 | €160,481 | €136,639 | -€23,842 | -14.9% |
| Trade debts | 44 | €23,097 | €22,881 | -€216 | -0.9% |
| Suppliers | 440/4 | €23,097 | €22,881 | -€216 | -0.9% |
| Taxes, remuneration and social security | 45 | - | €1,555 | +€1,555 | |
| Taxes | 450/3 | - | €1,555 | +€1,555 | |
| Other amounts payable | 47/48 | €137,384 | €112,203 | -€25,181 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €992 | +€371 | +59.7% |
| Other operating charges | 640/8 | €958 | €571 | -€387 | -40.4% |
| Gross operating margin | 9900 | €13,249 | €45,992 | +€32,743 | +247.1% |
| Operating profit (loss) | 9901 | €11,670 | €44,429 | +€32,759 | +280.7% |
| Financial income | 75/76B | €712 | €113 | -€599 | -84.1% |
| Recurring financial income | 75 | €712 | €113 | -€599 | -84.1% |
| Financial charges | 65/66B | €640 | €458 | -€182 | -28.4% |
| Recurring financial charges | 65 | €640 | €458 | -€182 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €11,742 | €44,084 | +€32,342 | +275.4% |
| Profit (loss) for the period | 9904 | €11,742 | €44,084 | +€32,342 | +275.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,742 | €44,084 | +€32,342 | +275.4% |
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 11 October 2026 via checked.be.