MULTIMEDI: 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.
MULTIMEDI
Largest movements
- Cash +€24,262
up €24,262 (+128.7%), from €18,846 to €43,108
mainly Net result for the year (+€35,823) and Depreciation (+€20,079)
- Stocks and contracts -€12,619
down €12,619 (-8.4%), from €150,913 to €138,294
- Tangible fixed assets -€9,736
down €9,736 (-7.8%), from €125,216 to €115,480
of which Land and buildings: -€13,320
- Receivables within one year +€6,372
up €6,372 (+6.1%), from €103,999 to €110,371
of which Trade receivables: +€3,186
- Reserves +€23,323
up €23,323 (+12.1%), from €193,330 to €216,653
- Debts after one year -€15,385
down €15,385 (-14.9%), from €102,979 to €87,594
- Tax, wage and social debts -€13,717
down €13,717 (-75.5%), from €18,170 to €4,453
of which Remuneration and social security: -€9,639
- Trade debts +€11,344
up €11,344 (+24.6%), from €46,201 to €57,545
- Gross operating margin -€25,948
down €25,948 (-21.4%), from €121,049 to €95,102
- Depreciation -€4,727
down €4,727 (-19.1%), from €24,807 to €20,079
- Taxes -€4,461
down €4,461 (-21.0%), from €21,276 to €16,814
- Other operating charges -€3,177
down €3,177 (-31.6%), from €10,049 to €6,872
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 | €399,853 | €407,253 | +€7,400 | +1.9% |
| Fixed assets | 21/28 | €125,216 | €115,480 | -€9,736 | -7.8% |
| Tangible fixed assets | 22/27 | €125,216 | €115,480 | -€9,736 | -7.8% |
| Land and buildings | 22 | €112,064 | €98,744 | -€13,320 | -11.9% |
| Plant, machinery and equipment | 23 | €9,326 | €6,707 | -€2,619 | -28.1% |
| Furniture and vehicles | 24 | €3,825 | €10,029 | +€6,204 | +162.2% |
| Current assets | 29/58 | €274,637 | €291,773 | +€17,136 | +6.2% |
| Stocks and contracts in progress | 3 | €150,913 | €138,294 | -€12,619 | -8.4% |
| Stocks | 30/36 | €150,913 | €138,294 | -€12,619 | -8.4% |
| Amounts receivable within one year | 40/41 | €103,999 | €110,371 | +€6,372 | +6.1% |
| Trade receivables | 40 | €103,999 | €107,186 | +€3,186 | +3.1% |
| Other amounts receivable | 41 | €0 | €3,186 | +€3,186 | |
| Cash at bank and in hand | 54/58 | €18,846 | €43,108 | +€24,262 | +128.7% |
| Deferred charges and accrued income | 490/1 | €879 | €0 | -€879 | -100.0% |
| Total equity and liabilities | 10/49 | €399,853 | €407,253 | +€7,400 | +1.9% |
| Equity | 10/15 | €211,922 | €235,245 | +€23,323 | +11.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €193,330 | €216,653 | +€23,323 | +12.1% |
| Distributable reserves | 133 | €193,330 | €216,653 | +€23,323 | +12.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €187,931 | €172,008 | -€15,923 | -8.5% |
| Amounts payable after more than one year | 17 | €102,979 | €87,594 | -€15,385 | -14.9% |
| Financial debts | 170/4 | €102,979 | €87,594 | -€15,385 | -14.9% |
| Amounts payable within one year | 42/48 | €84,952 | €84,414 | -€538 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €16,869 | €15,385 | -€1,483 | -8.8% |
| Financial debts | 43 | €1,713 | €1,706 | -€7 | -0.4% |
| Credit institutions | 430/8 | €1,713 | €1,706 | -€7 | -0.4% |
| Trade debts | 44 | €46,201 | €57,545 | +€11,344 | +24.6% |
| Suppliers | 440/4 | €46,201 | €57,545 | +€11,344 | +24.6% |
| Taxes, remuneration and social security | 45 | €18,170 | €4,453 | -€13,717 | -75.5% |
| Taxes | 450/3 | €8,530 | €4,453 | -€4,078 | -47.8% |
| Remuneration and social security | 454/9 | €9,639 | €0 | -€9,639 | -100.0% |
| Other amounts payable | 47/48 | €2,000 | €5,325 | +€3,325 | +166.3% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,807 | €20,079 | -€4,727 | -19.1% |
| Other operating charges | 640/8 | €10,049 | €6,872 | -€3,177 | -31.6% |
| Gross operating margin | 9900 | €121,049 | €95,102 | -€25,948 | -21.4% |
| Operating profit (loss) | 9901 | €86,193 | €68,150 | -€18,043 | -20.9% |
| Financial income | 75/76B | €1,056 | €857 | -€199 | -18.8% |
| Recurring financial income | 75 | €1,056 | €857 | -€199 | -18.8% |
| Financial charges | 65/66B | €15,696 | €16,370 | +€674 | +4.3% |
| Recurring financial charges | 65 | €15,696 | €16,370 | +€674 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €71,553 | €52,637 | -€18,916 | -26.4% |
| Income taxes | 67/77 | €21,276 | €16,814 | -€4,461 | -21.0% |
| Profit (loss) for the period | 9904 | €50,278 | €35,823 | -€14,454 | -28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,278 | €35,823 | -€14,454 | -28.7% |
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 7 October 2026 via checked.be.