MULTILIST: 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.
MULTILIST
Largest movements
- Receivables within one year -€83,421
down €83,421 (-98.7%), from €84,557 to €1,136
of which Trade receivables: -€83,421
- Tangible fixed assets -€46,694
down €46,694 (-8.2%), from €572,790 to €526,096
of which Land and buildings: -€46,295
- Cash +€7,921
up €7,921 (+212.2%), from €3,733 to €11,654
mainly Net result for the year (+€348,055) and Receivables within one year (+€83,421)
- Other debts -€467,536
down €467,536 (-77.3%), from €604,870 to €137,335
- Profit (loss) carried forward +€348,055
up €348,055 (+67.6%), from -€514,791 to -€166,736
- Gross operating margin +€356,857
up €356,857 (+12840.4%), from €2,779 to €359,636
- Depreciation -€4,808
down €4,808 (-41.4%), from €11,609 to €6,801
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 | €665,507 | €543,079 | -€122,429 | -18.4% |
| Fixed assets | 21/28 | €574,656 | €527,961 | -€46,694 | -8.1% |
| Tangible fixed assets | 22/27 | €572,790 | €526,096 | -€46,694 | -8.2% |
| Land and buildings | 22 | €572,391 | €526,096 | -€46,295 | -8.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €399 | €0 | -€399 | -100.0% |
| Financial fixed assets | 28 | €1,866 | €1,866 | = | 0.0% |
| Current assets | 29/58 | €90,852 | €15,117 | -€75,735 | -83.4% |
| Amounts receivable within one year | 40/41 | €84,557 | €1,136 | -€83,421 | -98.7% |
| Trade receivables | 40 | €84,557 | €1,136 | -€83,421 | -98.7% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,733 | €11,654 | +€7,921 | +212.2% |
| Deferred charges and accrued income | 490/1 | €2,562 | €2,327 | -€235 | -9.2% |
| Total equity and liabilities | 10/49 | €665,507 | €543,079 | -€122,429 | -18.4% |
| Equity | 10/15 | €55,153 | €403,207 | +€348,055 | +631.1% |
| Contributions | 10/11 | €316,250 | €316,250 | = | 0.0% |
| Capital | 10 | €316,250 | €316,250 | = | 0.0% |
| Issued capital | 100 | €316,250 | €316,250 | = | 0.0% |
| Revaluation surpluses | 12 | €250,285 | €250,285 | = | 0.0% |
| Reserves | 13 | €3,409 | €3,409 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,409 | €3,409 | = | 0.0% |
| Legal reserve | 130 | €3,409 | €3,409 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€514,791 | -€166,736 | +€348,055 | +67.6% |
| Amounts payable | 17/49 | €610,355 | €139,871 | -€470,483 | -77.1% |
| Amounts payable within one year | 42/48 | €610,355 | €139,871 | -€470,483 | -77.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,804 | €1,737 | -€3,067 | -63.8% |
| Suppliers | 440/4 | €4,804 | €1,737 | -€3,067 | -63.8% |
| Taxes, remuneration and social security | 45 | €681 | €800 | +€119 | +17.5% |
| Taxes | 450/3 | €681 | €800 | +€119 | +17.5% |
| Other amounts payable | 47/48 | €604,870 | €137,335 | -€467,536 | -77.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €355,225 | +€355,225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,609 | €6,801 | -€4,808 | -41.4% |
| Other operating charges | 640/8 | €3,544 | €4,738 | +€1,193 | +33.7% |
| Gross operating margin | 9900 | €2,779 | €359,636 | +€356,857 | +12840.4% |
| Operating profit (loss) | 9901 | -€12,374 | €348,098 | +€360,472 | |
| Financial income | 75/76B | €9 | €18 | +€8 | +92.3% |
| Recurring financial income | 75 | €9 | €18 | +€8 | +92.3% |
| Financial charges | 65/66B | €741 | €55 | -€686 | -92.6% |
| Recurring financial charges | 65 | €741 | €55 | -€686 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,106 | €348,060 | +€361,166 | |
| Income taxes | 67/77 | - | €5 | +€5 | |
| Profit (loss) for the period | 9904 | -€13,106 | €348,055 | +€361,161 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,106 | €348,055 | +€361,161 |
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 2 October 2026 via checked.be.