MULTIGRANEN: 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.
MULTIGRANEN
Largest movements
- Tangible fixed assets -€3,396
down €3,396 (-5.8%), from €58,193 to €54,797
of which Land and buildings: -€3,166
- Deferred charges and accrued income +€900
new in 2025: €900
- Profit (loss) carried forward -€12,017
down €12,017 (-53.4%), from -€22,483 to -€34,501
- Other debts +€12,000
up €12,000 (+46.5%), from €25,800 to €37,800
- Debts after one year -€2,850
down €2,850 (-13.9%), from €20,565 to €17,715
- Gross operating margin -€13,592
down €13,592, from €6,601 to -€6,990
- Financial charges -€618
down €618 (-43.1%), from €1,435 to €817
of which Financial charges: -€638
- Other operating charges -€385
down €385 (-26.9%), from €1,429 to €1,044
- Depreciation -€310
down €310 (-8.9%), from €3,476 to €3,166
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 | €59,326 | €56,649 | -€2,677 | -4.5% |
| Fixed assets | 21/28 | €58,193 | €54,797 | -€3,396 | -5.8% |
| Tangible fixed assets | 22/27 | €58,193 | €54,797 | -€3,396 | -5.8% |
| Land and buildings | 22 | €57,963 | €54,797 | -€3,166 | -5.5% |
| Plant, machinery and equipment | 23 | €230 | - | -€230 | |
| Current assets | 29/58 | €1,133 | €1,852 | +€719 | +63.5% |
| Amounts receivable within one year | 40/41 | €107 | €322 | +€215 | +201% |
| Trade receivables | 40 | - | €222 | +€222 | |
| Other amounts receivable | 41 | €107 | €100 | -€7 | -6.5% |
| Cash at bank and in hand | 54/58 | €1,026 | €630 | -€396 | -38.6% |
| Deferred charges and accrued income | 490/1 | - | €900 | +€900 | |
| Total equity and liabilities | 10/49 | €59,326 | €56,649 | -€2,677 | -4.5% |
| Equity | 10/15 | €9,822 | -€2,195 | -€12,017 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €13,305 | €13,305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €11,405 | €11,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,483 | -€34,501 | -€12,017 | -53.4% |
| Amounts payable | 17/49 | €49,504 | €58,844 | +€9,340 | +18.9% |
| Amounts payable after more than one year | 17 | €20,565 | €17,715 | -€2,850 | -13.9% |
| Financial debts | 170/4 | €20,565 | €17,715 | -€2,850 | -13.9% |
| Amounts payable within one year | 42/48 | €28,939 | €41,129 | +€12,190 | +42.1% |
| Current portion of amounts payable after more than one year | 42 | €3,139 | €2,850 | -€289 | -9.2% |
| Trade debts | 44 | - | €479 | +€479 | |
| Suppliers | 440/4 | - | €479 | +€479 | |
| Other amounts payable | 47/48 | €25,800 | €37,800 | +€12,000 | +46.5% |
| Non-recurring operating income | 76A | - | €770 | +€770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,476 | €3,166 | -€310 | -8.9% |
| Other operating charges | 640/8 | €1,429 | €1,044 | -€385 | -26.9% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €6,601 | -€6,990 | -€13,592 | |
| Operating profit (loss) | 9901 | €1,196 | -€11,201 | -€12,397 | |
| Financial charges | 65/66B | €1,435 | €817 | -€618 | -43.1% |
| Recurring financial charges | 65 | €1,435 | €797 | -€638 | -44.5% |
| Non-recurring financial charges | 66B | - | €20 | +€20 | |
| Profit (loss) for the period before taxes | 9903 | -€238 | -€12,017 | -€11,779 | -4,942% |
| Profit (loss) for the period | 9904 | -€238 | -€12,017 | -€11,779 | -4,942% |
| Profit (loss) for the period to be appropriated | 9905 | -€238 | -€12,017 | -€11,779 | -4,942% |
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 24 October 2026 via checked.be.