Multimanagement: what changed
What changed
Multimanagement
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€59,244
2025 · €55,901+€3,343
Equity
€143,479
2025 · €85,068+€58,411
Cash
€19,337
2025 · €16,476+€2,860
Balance sheet total
€546,508
2025 · €534,931+€11,577
Largest movements
Assets
- Tangible fixed assets +€8,654
up €8,654 (+439%), from €1,972 to €10,626
of which Leasing and similar rights: +€9,343
Equity and liabilities
- Profit (loss) carried forward +€58,411
up €58,411 (+106%), from €55,068 to €113,479
- Debts after one year -€50,962
down €50,962 (-14.0%), from €364,302 to €313,340
Income statement
- Financial charges -€3,757
down €3,757 (-18.9%), from €19,825 to €16,068
- Gross operating margin +€1,145
up €1,145 (+1.3%), from €90,759 to €91,904
- Depreciation +€1,013
up €1,013 (+1,074%), from €94 to €1,108
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€55,901
Gross operating margin
+€1,145
Depreciation
-€1,013
Other operating charges
+€293
Financial income
+€11
Financial charges
+€3,757
Taxes
-€849
Result 2026
€59,244
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€60,993
Investment
-€9,762
Financing
-€48,371
Cash 2025
€16,476
From operations (derived)
+€60,993
Net result for the year
+€59,244
Depreciation
+€1,108
Smaller working-capital items
-€78
Trade debts
-€279
Tax, wage and social debts
+€998
Investment (derived)
-€9,762
Investment in fixed assets (net)
-€9,762
Financing
-€48,371
Debts after one year
-€50,962
Current portion of long-term debt
+€3,424
Contributions, distributions and other
-€833
Cash 2026
€19,337
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €534,931 | €546,508 | +€11,577 | +2.2% |
| Fixed assets | 21/28 | €501,972 | €510,626 | +€8,654 | +1.7% |
| Tangible fixed assets | 22/27 | €1,972 | €10,626 | +€8,654 | +439% |
| Furniture and vehicles | 24 | €1,972 | €1,283 | -€689 | -34.9% |
| Leasing and similar rights | 25 | - | €9,343 | +€9,343 | |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €32,959 | €35,882 | +€2,923 | +8.9% |
| Amounts receivable within one year | 40/41 | €16,483 | €16,546 | +€63 | +0.4% |
| Trade receivables | 40 | €16,033 | €16,033 | = | 0.0% |
| Other amounts receivable | 41 | €451 | €513 | +€63 | +13.9% |
| Cash at bank and in hand | 54/58 | €16,476 | €19,337 | +€2,860 | +17.4% |
| Total equity and liabilities | 10/49 | €534,931 | €546,508 | +€11,577 | +2.2% |
| Equity | 10/15 | €85,068 | €143,479 | +€58,411 | +68.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,068 | €113,479 | +€58,411 | +106% |
| Amounts payable | 17/49 | €449,863 | €403,029 | -€46,834 | -10.4% |
| Amounts payable after more than one year | 17 | €364,302 | €313,340 | -€50,962 | -14.0% |
| Financial debts | 170/4 | €364,302 | €313,340 | -€50,962 | -14.0% |
| Amounts payable within one year | 42/48 | €81,144 | €85,287 | +€4,143 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €57,005 | €60,430 | +€3,424 | +6.0% |
| Trade debts | 44 | €279 | - | -€279 | |
| Suppliers | 440/4 | €279 | - | -€279 | |
| Taxes, remuneration and social security | 45 | €23,027 | €24,025 | +€998 | +4.3% |
| Taxes | 450/3 | €23,027 | €24,025 | +€998 | +4.3% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,417 | €4,402 | -€15 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €1,108 | +€1,013 | +1,074% |
| Other operating charges | 640/8 | €380 | €88 | -€293 | -76.9% |
| Gross operating margin | 9900 | €90,759 | €91,904 | +€1,145 | +1.3% |
| Operating profit (loss) | 9901 | €90,284 | €90,708 | +€424 | +0.5% |
| Financial income | 75/76B | €15 | €26 | +€11 | +76.1% |
| Recurring financial income | 75 | €15 | €26 | +€11 | +76.1% |
| Financial charges | 65/66B | €19,825 | €16,068 | -€3,757 | -18.9% |
| Recurring financial charges | 65 | €19,825 | €16,068 | -€3,757 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €70,474 | €74,666 | +€4,192 | +5.9% |
| Income taxes | 67/77 | €14,573 | €15,422 | +€849 | +5.8% |
| Profit (loss) for the period | 9904 | €55,901 | €59,244 | +€3,343 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,901 | €59,244 | +€3,343 | +6.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.