MULTIMMO PAJOT: 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.
MULTIMMO PAJOT
Largest movements
- Cash -€48,363
down €48,363 (-93.9%), from €51,496 to €3,133
mainly Receivables within one year (-€40,123) and Investment in fixed assets (net) (-€6,688)
- Receivables within one year +€40,123
up €40,123 (+71.6%), from €56,024 to €96,147
of which Trade receivables: +€34,386
- Profit (loss) carried forward +€5,427
up €5,427 (+8.4%), from €64,958 to €70,384
- Trade debts -€4,896
down €4,896 (-10.1%), from €48,366 to €43,470
- Debts after one year -€3,919
down €3,919 (-65.9%), from €5,946 to €2,027
- Tax, wage and social debts -€3,403
down €3,403 (-15.3%), from €22,286 to €18,884
of which Taxes: -€5,938
- Other debts -€2,954
no longer reported in 2025 (was €2,954)
- Gross operating margin +€18,999
up €18,999 (+19.6%), from €96,738 to €115,737
- Staff costs +€15,219
up €15,219 (+401.0%), from €3,796 to €19,015
- Other operating charges +€12,003
up €12,003 (+19.1%), from €62,779 to €74,782
- Taxes -€1,661
down €1,661 (-19.7%), from €8,421 to €6,760
- Depreciation -€1,463
down €1,463 (-16.0%), from €9,166 to €7,703
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 | €150,255 | €140,683 | -€9,572 | -6.4% |
| Fixed assets | 21/28 | €38,072 | €37,057 | -€1,015 | -2.7% |
| Tangible fixed assets | 22/27 | €31,367 | €30,352 | -€1,015 | -3.2% |
| Plant, machinery and equipment | 23 | €8,904 | €8,703 | -€201 | -2.3% |
| Furniture and vehicles | 24 | €7,799 | €10,511 | +€2,712 | +34.8% |
| Other tangible fixed assets | 26 | €14,664 | €11,138 | -€3,526 | -24.0% |
| Financial fixed assets | 28 | €6,705 | €6,705 | = | 0.0% |
| Current assets | 29/58 | €112,183 | €103,627 | -€8,556 | -7.6% |
| Amounts receivable within one year | 40/41 | €56,024 | €96,147 | +€40,123 | +71.6% |
| Trade receivables | 40 | €49,244 | €83,630 | +€34,386 | +69.8% |
| Other amounts receivable | 41 | €6,779 | €12,517 | +€5,738 | +84.6% |
| Cash at bank and in hand | 54/58 | €51,496 | €3,133 | -€48,363 | -93.9% |
| Deferred charges and accrued income | 490/1 | €4,663 | €4,347 | -€316 | -6.8% |
| Total equity and liabilities | 10/49 | €150,255 | €140,683 | -€9,572 | -6.4% |
| Equity | 10/15 | €66,958 | €72,384 | +€5,427 | +8.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,958 | €70,384 | +€5,427 | +8.4% |
| Amounts payable | 17/49 | €83,297 | €68,299 | -€14,998 | -18.0% |
| Amounts payable after more than one year | 17 | €5,946 | €2,027 | -€3,919 | -65.9% |
| Financial debts | 170/4 | €5,946 | €2,027 | -€3,919 | -65.9% |
| Amounts payable within one year | 42/48 | €77,351 | €66,272 | -€11,079 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €3,745 | €3,919 | +€174 | +4.6% |
| Trade debts | 44 | €48,366 | €43,470 | -€4,896 | -10.1% |
| Suppliers | 440/4 | €48,366 | €43,470 | -€4,896 | -10.1% |
| Taxes, remuneration and social security | 45 | €22,286 | €18,884 | -€3,403 | -15.3% |
| Taxes | 450/3 | €21,846 | €15,908 | -€5,938 | -27.2% |
| Remuneration and social security | 454/9 | €440 | €2,976 | +€2,536 | +576.3% |
| Other amounts payable | 47/48 | €2,954 | - | -€2,954 | |
| Remuneration, social security and pensions | 62 | €3,796 | €19,015 | +€15,219 | +401.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,166 | €7,703 | -€1,463 | -16.0% |
| Other operating charges | 640/8 | €62,779 | €74,782 | +€12,003 | +19.1% |
| Gross operating margin | 9900 | €96,738 | €115,737 | +€18,999 | +19.6% |
| Operating profit (loss) | 9901 | €20,998 | €14,238 | -€6,760 | -32.2% |
| Financial income | 75/76B | €392 | €444 | +€52 | +13.2% |
| Recurring financial income | 75 | €392 | €444 | +€52 | +13.2% |
| Financial charges | 65/66B | €2,830 | €2,496 | -€335 | -11.8% |
| Recurring financial charges | 65 | €2,830 | €2,496 | -€335 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €18,560 | €12,186 | -€6,373 | -34.3% |
| Income taxes | 67/77 | €8,421 | €6,760 | -€1,661 | -19.7% |
| Profit (loss) for the period | 9904 | €10,139 | €5,427 | -€4,712 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,139 | €5,427 | -€4,712 | -46.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.