Multimo: what changed
Two financial 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.
Multimo
Largest movements
- Cash -€118,230
down €118,230 (-61.6%), from €192,046 to €73,816
mainly Contributions, distributions and other (-€315,076) and Debts after one year (-€23,979)
- Receivables within one year -€47,467
down €47,467 (-48.0%), from €98,817 to €51,349
of which Trade receivables: -€40,327
- Tangible fixed assets -€11,688
down €11,688 (-15.1%), from €77,623 to €65,934
of which Leasing and similar rights: -€56,656
- Reserves -€283,667
down €283,667 (-90.0%), from €315,076 to €31,410
- Other debts +€139,130
up €139,130 (+1517.5%), from €9,169 to €148,299
- Debts after one year -€23,979
down €23,979 (-100.0%), from €23,979 to €0
- Current portion of long-term debt -€13,879
down €13,879 (-100.0%), from €13,879 to €0
- Trade debts +€6,588
up €6,588 (+124.5%), from €5,292 to €11,880
- Gross operating margin -€158,380
down €158,380 (-67.8%), from €233,623 to €75,242
- Taxes -€36,168
down €36,168 (-81.9%), from €44,145 to €7,977
- Financial charges -€2,788
down €2,788 (-48.7%), from €5,723 to €2,934
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 | €368,485 | €193,089 | -€175,396 | -47.6% |
| Fixed assets | 21/28 | €77,623 | €65,934 | -€11,688 | -15.1% |
| Tangible fixed assets | 22/27 | €77,623 | €65,934 | -€11,688 | -15.1% |
| Plant, machinery and equipment | 23 | €14,231 | €20,353 | +€6,122 | +43.0% |
| Furniture and vehicles | 24 | €6,736 | €45,582 | +€38,846 | +576.7% |
| Leasing and similar rights | 25 | €56,656 | €0 | -€56,656 | -100.0% |
| Current assets | 29/58 | €290,863 | €127,155 | -€163,708 | -56.3% |
| Amounts receivable within one year | 40/41 | €98,817 | €51,349 | -€47,467 | -48.0% |
| Trade receivables | 40 | €44,668 | €4,341 | -€40,327 | -90.3% |
| Other amounts receivable | 41 | €54,149 | €47,009 | -€7,140 | -13.2% |
| Cash at bank and in hand | 54/58 | €192,046 | €73,816 | -€118,230 | -61.6% |
| Deferred charges and accrued income | 490/1 | €0 | €1,990 | +€1,990 | |
| Total equity and liabilities | 10/49 | €368,485 | €193,089 | -€175,396 | -47.6% |
| Equity | 10/15 | €316,076 | €32,410 | -€283,667 | -89.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €315,076 | €31,410 | -€283,667 | -90.0% |
| Distributable reserves | 133 | €315,076 | €31,410 | -€283,667 | -90.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €52,409 | €160,679 | +€108,270 | +206.6% |
| Amounts payable after more than one year | 17 | €23,979 | €0 | -€23,979 | -100.0% |
| Financial debts | 170/4 | €23,979 | €0 | -€23,979 | -100.0% |
| Amounts payable within one year | 42/48 | €28,430 | €160,679 | +€132,249 | +465.2% |
| Current portion of amounts payable after more than one year | 42 | €13,879 | €0 | -€13,879 | -100.0% |
| Trade debts | 44 | €5,292 | €11,880 | +€6,588 | +124.5% |
| Suppliers | 440/4 | €5,292 | €11,880 | +€6,588 | +124.5% |
| Taxes, remuneration and social security | 45 | €90 | €500 | +€410 | +453.3% |
| Taxes | 450/3 | €90 | €0 | -€90 | -100.0% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €9,169 | €148,299 | +€139,130 | +1517.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,576 | €29,401 | +€825 | +2.9% |
| Other operating charges | 640/8 | €3,920 | €3,550 | -€370 | -9.4% |
| Gross operating margin | 9900 | €233,623 | €75,242 | -€158,380 | -67.8% |
| Operating profit (loss) | 9901 | €201,127 | €42,291 | -€158,836 | -79.0% |
| Financial income | 75/76B | €96 | €29 | -€66 | -69.4% |
| Recurring financial income | 75 | €96 | €29 | -€66 | -69.4% |
| Financial charges | 65/66B | €5,723 | €2,934 | -€2,788 | -48.7% |
| Recurring financial charges | 65 | €5,723 | €2,934 | -€2,788 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €195,500 | €39,386 | -€156,114 | -79.9% |
| Income taxes | 67/77 | €44,145 | €7,977 | -€36,168 | -81.9% |
| Profit (loss) for the period | 9904 | €151,356 | €31,410 | -€119,946 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €151,356 | €31,410 | -€119,946 | -79.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.