Multigreen Group: 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.
Multigreen Group
Largest movements
- Receivables within one year +€6,445
up €6,445 (+168.4%), from €3,827 to €10,272
of which Trade receivables: +€6,749
- Tangible fixed assets +€5,197
up €5,197 (+16.4%), from €31,649 to €36,845
- Profit (loss) carried forward -€23,634
down €23,634 (-395.9%), from -€5,970 to -€29,603
- Tax, wage and social debts +€23,364
up €23,364 (+172.4%), from €13,554 to €36,918
of which Remuneration and social security: +€14,605
- Other debts +€10,083
up €10,083 (+31.0%), from €32,513 to €42,596
- Trade debts +€1,531
up €1,531 (+3666.6%), from €42 to €1,573
- Gross operating margin -€7,422
down €7,422 (-145.8%), from -€5,090 to -€12,512
- Depreciation +€4,730
up €4,730 (+100.9%), from €4,685 to €9,415
- Other operating charges -€3,713
down €3,713 (-71.9%), from €5,166 to €1,452
- Taxes -€1,950
no longer reported in 2025 (was €1,950)
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 | €50,639 | €61,984 | +€11,344 | +22.4% |
| Fixed assets | 21/28 | €33,149 | €38,345 | +€5,197 | +15.7% |
| Tangible fixed assets | 22/27 | €31,649 | €36,845 | +€5,197 | +16.4% |
| Furniture and vehicles | 24 | €31,649 | €36,845 | +€5,197 | +16.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €17,491 | €23,638 | +€6,147 | +35.1% |
| Amounts receivable within one year | 40/41 | €3,827 | €10,272 | +€6,445 | +168.4% |
| Trade receivables | 40 | €3,523 | €10,272 | +€6,749 | +191.6% |
| Other amounts receivable | 41 | €304 | - | -€304 | |
| Cash at bank and in hand | 54/58 | €13,664 | €13,367 | -€297 | -2.2% |
| Total equity and liabilities | 10/49 | €50,639 | €61,984 | +€11,344 | +22.4% |
| Equity | 10/15 | €30 | -€23,603 | -€23,634 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,970 | -€29,603 | -€23,634 | -395.9% |
| Amounts payable | 17/49 | €50,609 | €85,587 | +€34,978 | +69.1% |
| Amounts payable after more than one year | 17 | €4,500 | €4,500 | = | 0.0% |
| Financial debts | 170/4 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,109 | €81,087 | +€34,978 | +75.9% |
| Trade debts | 44 | €42 | €1,573 | +€1,531 | +3666.6% |
| Suppliers | 440/4 | €42 | €1,573 | +€1,531 | +3666.6% |
| Taxes, remuneration and social security | 45 | €13,554 | €36,918 | +€23,364 | +172.4% |
| Taxes | 450/3 | - | €8,759 | +€8,759 | |
| Remuneration and social security | 454/9 | €13,554 | €28,159 | +€14,605 | +107.8% |
| Other amounts payable | 47/48 | €32,513 | €42,596 | +€10,083 | +31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,685 | €9,415 | +€4,730 | +100.9% |
| Other operating charges | 640/8 | €5,166 | €1,452 | -€3,713 | -71.9% |
| Gross operating margin | 9900 | -€5,090 | -€12,512 | -€7,422 | -145.8% |
| Operating profit (loss) | 9901 | -€14,941 | -€23,380 | -€8,438 | -56.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | +700.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +700.0% |
| Financial charges | 65/66B | €332 | €254 | -€78 | -23.4% |
| Recurring financial charges | 65 | €332 | €254 | -€78 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,273 | -€23,634 | -€8,360 | -54.7% |
| Income taxes | 67/77 | €1,950 | - | -€1,950 | |
| Profit (loss) for the period | 9904 | -€17,223 | -€23,634 | -€6,411 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,223 | -€23,634 | -€6,411 | -37.2% |
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.