Multipack Packaging: 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.
Multipack Packaging
Largest movements
- Cash +€15,724
up €15,724 (+24.4%), from €64,484 to €80,208
mainly Net result for the year (+€43,460) and Depreciation (+€24,708)
- Receivables within one year -€15,643
down €15,643 (-17.9%), from €87,204 to €71,561
of which Other amounts receivable: -€8,184
- Stocks and contracts +€10,315
up €10,315 (+16.7%), from €61,656 to €71,971
- Other debts +€15,280
up €15,280 (+48.9%), from €31,270 to €46,550
- Trade debts +€11,877
up €11,877 (+92.5%), from €12,836 to €24,713
- Current portion of long-term debt -€9,601
down €9,601 (-56.8%), from €16,889 to €7,288
- Debts after one year -€7,288
no longer reported in 2025 (was €7,288)
- Gross operating margin +€16,301
up €16,301 (+32.5%), from €50,105 to €66,406
- Depreciation +€9,031
up €9,031 (+57.6%), from €15,677 to €24,708
- Staff costs -€6,695
no longer reported in 2025 (was €6,695)
- Financial income -€734
down €734 (-15.5%), from €4,728 to €3,994
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 | €247,380 | €259,915 | +€12,536 | +5.1% |
| Fixed assets | 21/28 | €32,285 | €32,543 | +€258 | +0.8% |
| Tangible fixed assets | 22/27 | €32,136 | €32,394 | +€258 | +0.8% |
| Plant, machinery and equipment | 23 | - | €10,373 | +€10,373 | |
| Furniture and vehicles | 24 | €30,130 | €12,976 | -€17,154 | -56.9% |
| Other tangible fixed assets | 26 | €2,005 | €9,045 | +€7,039 | +351.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €215,094 | €227,372 | +€12,278 | +5.7% |
| Stocks and contracts in progress | 3 | €61,656 | €71,971 | +€10,315 | +16.7% |
| Stocks | 30/36 | €61,656 | €71,971 | +€10,315 | +16.7% |
| Amounts receivable within one year | 40/41 | €87,204 | €71,561 | -€15,643 | -17.9% |
| Trade receivables | 40 | €76,834 | €69,375 | -€7,459 | -9.7% |
| Other amounts receivable | 41 | €10,370 | €2,186 | -€8,184 | -78.9% |
| Cash at bank and in hand | 54/58 | €64,484 | €80,208 | +€15,724 | +24.4% |
| Deferred charges and accrued income | 490/1 | €1,750 | €3,632 | +€1,882 | +107.5% |
| Total equity and liabilities | 10/49 | €247,380 | €259,915 | +€12,536 | +5.1% |
| Equity | 10/15 | €173,412 | €173,472 | +€60 | 0.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,412 | €129,472 | +€60 | 0.0% |
| Amounts payable | 17/49 | €73,968 | €86,444 | +€12,476 | +16.9% |
| Amounts payable after more than one year | 17 | €7,288 | - | -€7,288 | |
| Financial debts | 170/4 | €7,288 | - | -€7,288 | |
| Amounts payable within one year | 42/48 | €66,488 | €86,444 | +€19,956 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €16,889 | €7,288 | -€9,601 | -56.8% |
| Trade debts | 44 | €12,836 | €24,713 | +€11,877 | +92.5% |
| Suppliers | 440/4 | €12,836 | €24,713 | +€11,877 | +92.5% |
| Taxes, remuneration and social security | 45 | €5,493 | €7,893 | +€2,400 | +43.7% |
| Taxes | 450/3 | €5,493 | €7,893 | +€2,400 | +43.7% |
| Other amounts payable | 47/48 | €31,270 | €46,550 | +€15,280 | +48.9% |
| Accrued charges and deferred income | 492/3 | €193 | - | -€193 | |
| Remuneration, social security and pensions | 62 | €6,695 | - | -€6,695 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,677 | €24,708 | +€9,031 | +57.6% |
| Other operating charges | 640/8 | €434 | €795 | +€361 | +83.0% |
| Non-recurring operating charges | 66A | - | €116 | +€116 | |
| Gross operating margin | 9900 | €50,105 | €66,406 | +€16,301 | +32.5% |
| Operating profit (loss) | 9901 | €27,299 | €40,787 | +€13,488 | +49.4% |
| Financial income | 75/76B | €4,728 | €3,994 | -€734 | -15.5% |
| Recurring financial income | 75 | €4,728 | €3,994 | -€734 | -15.5% |
| Financial charges | 65/66B | €1,440 | €1,320 | -€120 | -8.3% |
| Recurring financial charges | 65 | €1,440 | €1,320 | -€120 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €30,587 | €43,460 | +€12,873 | +42.1% |
| Profit (loss) for the period | 9904 | €30,587 | €43,460 | +€12,873 | +42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,587 | €43,460 | +€12,873 | +42.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.