MULTILIGHT: 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.
MULTILIGHT
Largest movements
- Receivables within one year +€4,590
up €4,590 (+3,121%), from €147 to €4,737
of which Trade receivables: +€2,838
- Stocks and contracts +€2,099
up €2,099 (+2.9%), from €72,107 to €74,206
of which Stocks: +€1,271
- Short-term financial debts +€6,354
up €6,354 (+10.1%), from €63,046 to €69,401
- Profit (loss) carried forward +€5,826
up €5,826 (+30.6%), from -€19,067 to -€13,241
- Trade debts -€5,542
down €5,542 (-60.2%), from €9,201 to €3,660
- Gross operating margin +€8,488
up €8,488 (+163%), from €5,220 to €13,708
- Other operating charges -€555
down €555 (-67.7%), from €820 to €265
- Taxes -€140
down €140 (-100%), from €140 to €0
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 | €75,216 | €81,656 | +€6,439 | +8.6% |
| Fixed assets | 21/28 | €1,650 | €1,100 | -€550 | -33.3% |
| Tangible fixed assets | 22/27 | €1,650 | €1,100 | -€550 | -33.3% |
| Land and buildings | 22 | €1,650 | €1,100 | -€550 | -33.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €73,566 | €80,556 | +€6,989 | +9.5% |
| Stocks and contracts in progress | 3 | €72,107 | €74,206 | +€2,099 | +2.9% |
| Stocks | 30/36 | €66,911 | €68,181 | +€1,271 | +1.9% |
| Contracts in progress | 37 | €5,197 | €6,025 | +€828 | +15.9% |
| Amounts receivable within one year | 40/41 | €147 | €4,737 | +€4,590 | +3,121% |
| Trade receivables | 40 | - | €2,838 | +€2,838 | |
| Other amounts receivable | 41 | €147 | €1,900 | +€1,753 | +1,192% |
| Cash at bank and in hand | 54/58 | €460 | €41 | -€419 | -91.1% |
| Deferred charges and accrued income | 490/1 | €852 | €1,571 | +€719 | +84.4% |
| Total equity and liabilities | 10/49 | €75,216 | €81,656 | +€6,439 | +8.6% |
| Equity | 10/15 | €1,393 | €7,219 | +€5,826 | +418% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€19,067 | -€13,241 | +€5,826 | +30.6% |
| Amounts payable | 17/49 | €73,823 | €74,437 | +€614 | +0.8% |
| Amounts payable within one year | 42/48 | €73,823 | €74,437 | +€614 | +0.8% |
| Financial debts | 43 | €63,046 | €69,401 | +€6,354 | +10.1% |
| Credit institutions | 430/8 | €63,046 | €69,401 | +€6,354 | +10.1% |
| Trade debts | 44 | €9,201 | €3,660 | -€5,542 | -60.2% |
| Suppliers | 440/4 | €9,201 | €3,660 | -€5,542 | -60.2% |
| Taxes, remuneration and social security | 45 | €1,147 | €895 | -€252 | -22.0% |
| Taxes | 450/3 | €1,147 | €895 | -€252 | -22.0% |
| Other amounts payable | 47/48 | €429 | €482 | +€53 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €550 | = | 0.0% |
| Other operating charges | 640/8 | €820 | €265 | -€555 | -67.7% |
| Gross operating margin | 9900 | €5,220 | €13,708 | +€8,488 | +163% |
| Operating profit (loss) | 9901 | €3,850 | €12,892 | +€9,042 | +235% |
| Financial income | 75/76B | €8 | €14 | +€6 | +70.6% |
| Recurring financial income | 75 | €8 | €14 | +€6 | +70.6% |
| Financial charges | 65/66B | €7,054 | €7,081 | +€27 | +0.4% |
| Recurring financial charges | 65 | €7,054 | €7,081 | +€27 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,196 | €5,826 | +€9,022 | |
| Income taxes | 67/77 | €140 | €0 | -€140 | -100% |
| Profit (loss) for the period | 9904 | -€3,335 | €5,826 | +€9,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,335 | €5,826 | +€9,161 |
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 13 October 2026 via checked.be.