MULTIMAGO: 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.
MULTIMAGO
Largest movements
- Current investments +€100,000
new in 2024: €100,000
- Cash -€68,661
down €68,661 (-31.0%), from €221,794 to €153,133
mainly Current investments (-€100,000) and Contributions, distributions and other (-€46,511)
- Other debts +€30,057
up €30,057 (+182.6%), from €16,460 to €46,517
- Gross operating margin -€17,598
down €17,598 (-20.5%), from €86,048 to €68,450
- Taxes -€5,038
down €5,038 (-21.9%), from €22,955 to €17,917
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,700 | €265,785 | +€29,085 | +12.3% |
| Fixed assets | 21/28 | €4,273 | €2,487 | -€1,786 | -41.8% |
| Tangible fixed assets | 22/27 | €4,273 | €2,487 | -€1,786 | -41.8% |
| Plant, machinery and equipment | 23 | €665 | €95 | -€570 | -85.7% |
| Furniture and vehicles | 24 | €3,608 | €2,392 | -€1,216 | -33.7% |
| Current assets | 29/58 | €232,428 | €263,298 | +€30,871 | +13.3% |
| Amounts receivable within one year | 40/41 | €547 | €2,604 | +€2,057 | +375.7% |
| Trade receivables | 40 | €0 | €1,392 | +€1,392 | |
| Other amounts receivable | 41 | €547 | €1,213 | +€665 | +121.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €221,794 | €153,133 | -€68,661 | -31.0% |
| Deferred charges and accrued income | 490/1 | €10,086 | €7,561 | -€2,525 | -25.0% |
| Total equity and liabilities | 10/49 | €236,700 | €265,785 | +€29,085 | +12.3% |
| Equity | 10/15 | €214,198 | €213,744 | -€454 | -0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €207,998 | €207,544 | -€454 | -0.2% |
| Distributable reserves | 133 | €207,998 | €207,544 | -€454 | -0.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €22,502 | €52,041 | +€29,538 | +131.3% |
| Amounts payable within one year | 42/48 | €22,502 | €52,041 | +€29,538 | +131.3% |
| Financial debts | 43 | €369 | €322 | -€47 | -12.7% |
| Credit institutions | 430/8 | €369 | €322 | -€47 | -12.7% |
| Trade debts | 44 | €3,078 | €3,309 | +€231 | +7.5% |
| Suppliers | 440/4 | €3,078 | €3,309 | +€231 | +7.5% |
| Taxes, remuneration and social security | 45 | €2,595 | €1,892 | -€703 | -27.1% |
| Taxes | 450/3 | €95 | €1,892 | +€1,797 | +1887.9% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts payable | 47/48 | €16,460 | €46,517 | +€30,057 | +182.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,099 | €1,786 | +€687 | +62.5% |
| Other operating charges | 640/8 | €546 | €559 | +€13 | +2.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €86,048 | €68,450 | -€17,598 | -20.5% |
| Operating profit (loss) | 9901 | €84,402 | €66,105 | -€18,298 | -21.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,134 | €2,130 | -€4 | -0.2% |
| Recurring financial charges | 65 | €2,134 | €2,130 | -€4 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €82,269 | €63,975 | -€18,294 | -22.2% |
| Income taxes | 67/77 | €22,955 | €17,917 | -€5,038 | -21.9% |
| Profit (loss) for the period | 9904 | €59,313 | €46,058 | -€13,256 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,313 | €46,058 | -€13,256 | -22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.