MULTILUX: 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.
MULTILUX
Largest movements
- Receivables within one year +€2,457
up €2,457 (+1,588%), from €155 to €2,612
of which Other amounts receivable: +€2,612
- Tangible fixed assets -€1,501
no longer reported in 2025 (was €1,501)
- Deferred charges and accrued income -€402
no longer reported in 2025 (was €402)
- Other debts -€20,805
down €20,805 (-95.8%), from €21,719 to €914
- Profit (loss) carried forward +€13,236
up €13,236 (+15.9%), from -€83,471 to -€70,235
- Short-term financial debts -€10,337
down €10,337 (-25.5%), from €40,467 to €30,130
- Trade debts +€9,980
up €9,980 (+577%), from €1,728 to €11,709
- Advances received +€7,573
new in 2025: €7,573
- Gross operating margin +€15,814
up €15,814 (+242%), from €6,532 to €22,346
- Staff costs -€3,162
no longer reported in 2025 (was €3,162)
- Depreciation -€2,930
down €2,930 (-66.1%), from €4,431 to €1,501
- Other operating charges +€1,354
up €1,354 (+87.0%), from €1,556 to €2,910
- Financial charges -€1,332
down €1,332 (-22.1%), from €6,032 to €4,699
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 | €2,897 | €3,451 | +€554 | +19.1% |
| Fixed assets | 21/28 | €2,331 | €830 | -€1,501 | -64.4% |
| Tangible fixed assets | 22/27 | €1,501 | - | -€1,501 | |
| Furniture and vehicles | 24 | €1,501 | - | -€1,501 | |
| Financial fixed assets | 28 | €830 | €830 | = | 0.0% |
| Current assets | 29/58 | €567 | €2,621 | +€2,054 | +363% |
| Amounts receivable within one year | 40/41 | €155 | €2,612 | +€2,457 | +1,588% |
| Trade receivables | 40 | €155 | - | -€155 | |
| Other amounts receivable | 41 | - | €2,612 | +€2,612 | |
| Cash at bank and in hand | 54/58 | €10 | €9 | -€1 | -10.6% |
| Deferred charges and accrued income | 490/1 | €402 | - | -€402 | |
| Total equity and liabilities | 10/49 | €2,897 | €3,451 | +€554 | +19.1% |
| Equity | 10/15 | -€63,020 | -€49,784 | +€13,236 | +21.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,471 | -€70,235 | +€13,236 | +15.9% |
| Amounts payable | 17/49 | €65,917 | €53,235 | -€12,682 | -19.2% |
| Amounts payable within one year | 42/48 | €65,917 | €53,235 | -€12,682 | -19.2% |
| Financial debts | 43 | €40,467 | €30,130 | -€10,337 | -25.5% |
| Credit institutions | 430/8 | €40,467 | €30,130 | -€10,337 | -25.5% |
| Trade debts | 44 | €1,728 | €11,709 | +€9,980 | +577% |
| Suppliers | 440/4 | €1,728 | €11,709 | +€9,980 | +577% |
| Advances received on contracts in progress | 46 | - | €7,573 | +€7,573 | |
| Taxes, remuneration and social security | 45 | €2,003 | €2,910 | +€907 | +45.3% |
| Taxes | 450/3 | €2,003 | €2,910 | +€907 | +45.3% |
| Other amounts payable | 47/48 | €21,719 | €914 | -€20,805 | -95.8% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €3,162 | - | -€3,162 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,431 | €1,501 | -€2,930 | -66.1% |
| Other operating charges | 640/8 | €1,556 | €2,910 | +€1,354 | +87.0% |
| Gross operating margin | 9900 | €6,532 | €22,346 | +€15,814 | +242% |
| Operating profit (loss) | 9901 | -€2,616 | €17,935 | +€20,552 | |
| Financial charges | 65/66B | €6,032 | €4,699 | -€1,332 | -22.1% |
| Recurring financial charges | 65 | €6,032 | €4,699 | -€1,332 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,648 | €13,236 | +€21,884 | |
| Profit (loss) for the period | 9904 | -€8,648 | €13,236 | +€21,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,648 | €13,236 | +€21,884 |
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 19 October 2026 via checked.be.