Multifoon: 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.
Multifoon
Largest movements
- Receivables within one year +€11,100
up €11,100 (+61.0%), from €18,191 to €29,291
of which Trade receivables: +€13,709
- Tangible fixed assets +€1,331
new in 2025: €1,331
- Cash +€418
up €418 (+67.9%), from €615 to €1,033
mainly Other debts (+€16,009) and Net result for the year (+€3,532)
- Other debts +€16,009
new in 2025: €16,009
- Trade debts -€6,444
down €6,444 (-59.7%), from €10,784 to €4,341
- Profit (loss) carried forward +€3,532
up €3,532 (+3.3%), from -€107,701 to -€104,169
- Tax, wage and social debts -€386
down €386 (-6.7%), from €5,732 to €5,345
- Gross operating margin +€6,319
up €6,319 (+795.8%), from €794 to €7,113
- Taxes +€1,935
up €1,935, from -€670 to €1,265
- Other operating charges -€1,079
down €1,079 (-58.3%), from €1,851 to €772
- Financial charges +€753
up €753 (+111.0%), from €679 to €1,432
- Depreciation +€112
new in 2025: €112
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 | €18,943 | €31,655 | +€12,712 | +67.1% |
| Fixed assets | 21/28 | - | €1,331 | +€1,331 | |
| Tangible fixed assets | 22/27 | - | €1,331 | +€1,331 | |
| Plant, machinery and equipment | 23 | - | €1,331 | +€1,331 | |
| Current assets | 29/58 | €18,943 | €30,324 | +€11,381 | +60.1% |
| Amounts receivable within one year | 40/41 | €18,191 | €29,291 | +€11,100 | +61.0% |
| Trade receivables | 40 | €15,352 | €29,061 | +€13,709 | +89.3% |
| Other amounts receivable | 41 | €2,840 | €230 | -€2,609 | -91.9% |
| Cash at bank and in hand | 54/58 | €615 | €1,033 | +€418 | +67.9% |
| Deferred charges and accrued income | 490/1 | €137 | - | -€137 | |
| Total equity and liabilities | 10/49 | €18,943 | €31,655 | +€12,712 | +67.1% |
| Equity | 10/15 | -€42,573 | -€39,041 | +€3,532 | +8.3% |
| Contributions | 10/11 | €19,807 | €19,807 | = | 0.0% |
| Reserves | 13 | €45,321 | €45,321 | = | 0.0% |
| Distributable reserves | 133 | €45,321 | €45,321 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,701 | -€104,169 | +€3,532 | +3.3% |
| Amounts payable | 17/49 | €61,516 | €70,695 | +€9,180 | +14.9% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Financial debts | 170/4 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,516 | €25,695 | +€9,180 | +55.6% |
| Trade debts | 44 | €10,784 | €4,341 | -€6,444 | -59.7% |
| Suppliers | 440/4 | €10,784 | €4,341 | -€6,444 | -59.7% |
| Taxes, remuneration and social security | 45 | €5,732 | €5,345 | -€386 | -6.7% |
| Taxes | 450/3 | €5,732 | €5,345 | -€386 | -6.7% |
| Other amounts payable | 47/48 | - | €16,009 | +€16,009 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €112 | +€112 | |
| Other operating charges | 640/8 | €1,851 | €772 | -€1,079 | -58.3% |
| Gross operating margin | 9900 | €794 | €7,113 | +€6,319 | +795.8% |
| Operating profit (loss) | 9901 | -€1,057 | €6,230 | +€7,286 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €679 | €1,432 | +€753 | +111.0% |
| Recurring financial charges | 65 | €679 | €1,432 | +€753 | +111.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,736 | €4,797 | +€6,533 | |
| Income taxes | 67/77 | -€670 | €1,265 | +€1,935 | |
| Profit (loss) for the period | 9904 | -€1,066 | €3,532 | +€4,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,066 | €3,532 | +€4,598 |
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 28 September 2026 via checked.be.