MULTIMEDISTAN: 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.
MULTIMEDISTAN
Largest movements
- Receivables within one year -€107,798
down €107,798 (-85.9%), from €125,470 to €17,671
of which Trade receivables: -€58,831
- Tangible fixed assets +€46,921
up €46,921 (+350.8%), from €13,376 to €60,297
of which Other tangible fixed assets: +€53,769
- Deferred charges and accrued income +€41,651
up €41,651 (+192.7%), from €21,618 to €63,268
- Cash -€26,915
down €26,915 (-43.1%), from €62,461 to €35,546
mainly Investment in fixed assets (net) (-€57,022) and Deferred charges and accrued income (-€41,651)
- Other debts -€33,963
down €33,963 (-70.0%), from €48,500 to €14,537
- Tax, wage and social debts -€15,166
down €15,166 (-44.4%), from €34,171 to €19,005
- Reserves +€11,750
up €11,750 (+12.6%), from €93,460 to €105,210
- Trade debts -€7,841
down €7,841 (-93.5%), from €8,388 to €547
- Gross operating margin -€47,132
down €47,132 (-57.2%), from €82,385 to €35,254
- Taxes -€12,704
down €12,704 (-64.3%), from €19,770 to €7,065
- Depreciation +€4,214
up €4,214 (+71.6%), from €5,887 to €10,101
- Financial income -€1,927
down €1,927 (-70.6%), from €2,729 to €803
- Financial charges +€864
up €864 (+58.1%), from €1,488 to €2,352
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 | €254,959 | €209,482 | -€45,477 | -17.8% |
| Fixed assets | 21/28 | €13,376 | €60,297 | +€46,921 | +350.8% |
| Tangible fixed assets | 22/27 | €13,376 | €60,297 | +€46,921 | +350.8% |
| Plant, machinery and equipment | 23 | €11,764 | €5,815 | -€5,949 | -50.6% |
| Furniture and vehicles | 24 | €1,611 | €713 | -€898 | -55.7% |
| Other tangible fixed assets | 26 | - | €53,769 | +€53,769 | |
| Current assets | 29/58 | €241,583 | €149,185 | -€92,398 | -38.2% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €2,035 | €2,700 | +€665 | +32.7% |
| Stocks | 30/36 | €2,035 | €2,700 | +€665 | +32.7% |
| Amounts receivable within one year | 40/41 | €125,470 | €17,671 | -€107,798 | -85.9% |
| Trade receivables | 40 | €74,953 | €16,121 | -€58,831 | -78.5% |
| Other amounts receivable | 41 | €50,517 | €1,550 | -€48,967 | -96.9% |
| Cash at bank and in hand | 54/58 | €62,461 | €35,546 | -€26,915 | -43.1% |
| Deferred charges and accrued income | 490/1 | €21,618 | €63,268 | +€41,651 | +192.7% |
| Total equity and liabilities | 10/49 | €254,959 | €209,482 | -€45,477 | -17.8% |
| Equity | 10/15 | €93,860 | €105,353 | +€11,493 | +12.2% |
| Contributions | 10/11 | €60 | €60 | = | 0.0% |
| Reserves | 13 | €93,460 | €105,210 | +€11,750 | +12.6% |
| Distributable reserves | 133 | €93,460 | €105,210 | +€11,750 | +12.6% |
| Profit (loss) carried forward | 14 | €340 | €83 | -€257 | -75.5% |
| Provisions and deferred taxes | 16 | €70,040 | €70,040 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €70,040 | €70,040 | = | 0.0% |
| Pensions and similar obligations | 160 | €70,040 | €70,040 | = | 0.0% |
| Amounts payable | 17/49 | €91,059 | €34,088 | -€56,970 | -62.6% |
| Amounts payable within one year | 42/48 | €91,059 | €34,088 | -€56,970 | -62.6% |
| Trade debts | 44 | €8,388 | €547 | -€7,841 | -93.5% |
| Suppliers | 440/4 | €8,388 | €547 | -€7,841 | -93.5% |
| Taxes, remuneration and social security | 45 | €34,171 | €19,005 | -€15,166 | -44.4% |
| Taxes | 450/3 | €34,171 | €19,005 | -€15,166 | -44.4% |
| Other amounts payable | 47/48 | €48,500 | €14,537 | -€33,963 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,887 | €10,101 | +€4,214 | +71.6% |
| Other operating charges | 640/8 | €629 | €629 | -€1 | -0.1% |
| Gross operating margin | 9900 | €82,385 | €35,254 | -€47,132 | -57.2% |
| Operating profit (loss) | 9901 | €75,869 | €24,524 | -€51,345 | -67.7% |
| Financial income | 75/76B | €2,729 | €803 | -€1,927 | -70.6% |
| Recurring financial income | 75 | €2,729 | €803 | -€1,927 | -70.6% |
| Financial charges | 65/66B | €1,488 | €2,352 | +€864 | +58.1% |
| Recurring financial charges | 65 | €1,488 | €2,352 | +€864 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €77,110 | €22,974 | -€54,135 | -70.2% |
| Income taxes | 67/77 | €19,770 | €7,065 | -€12,704 | -64.3% |
| Profit (loss) for the period | 9904 | €57,340 | €15,909 | -€41,431 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,340 | €15,909 | -€41,431 | -72.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.