MULTIPL SERVICES: 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.
MULTIPL SERVICES
Largest movements
- Tangible fixed assets +€4,629
up €4,629 (+90.4%), from €5,122 to €9,751
of which Furniture and vehicles: +€5,669
- Cash -€3,252
down €3,252 (-2.2%), from €144,835 to €141,583
mainly Trade debts (-€7,827) and Investment in fixed assets (net) (-€7,310)
- Deferred charges and accrued income -€3,211
down €3,211 (-78.7%), from €4,079 to €868
- Advances received +€8,028
new in 2025: €8,028
- Trade debts -€7,827
down €7,827 (-29.8%), from €26,283 to €18,455
- Debts after one year -€4,939
down €4,939 (-14.8%), from €33,407 to €28,468
- Gross operating margin -€14,939
down €14,939 (-6.4%), from €234,296 to €219,357
- Staff costs -€11,735
down €11,735 (-5.3%), from €223,295 to €211,560
- Taxes -€2,548
down €2,548 (-79.7%), from €3,197 to €649
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 | €167,712 | €163,978 | -€3,734 | -2.2% |
| Fixed assets | 21/28 | €10,626 | €14,935 | +€4,309 | +40.6% |
| Tangible fixed assets | 22/27 | €5,122 | €9,751 | +€4,629 | +90.4% |
| Plant, machinery and equipment | 23 | €2,296 | €1,256 | -€1,040 | -45.3% |
| Furniture and vehicles | 24 | €2,826 | €8,495 | +€5,669 | +200.6% |
| Financial fixed assets | 28 | €5,504 | €5,184 | -€320 | -5.8% |
| Current assets | 29/58 | €157,086 | €149,043 | -€8,043 | -5.1% |
| Amounts receivable within one year | 40/41 | €8,172 | €6,591 | -€1,581 | -19.3% |
| Trade receivables | 40 | €3,474 | €1,904 | -€1,571 | -45.2% |
| Other amounts receivable | 41 | €4,698 | €4,688 | -€10 | -0.2% |
| Cash at bank and in hand | 54/58 | €144,835 | €141,583 | -€3,252 | -2.2% |
| Deferred charges and accrued income | 490/1 | €4,079 | €868 | -€3,211 | -78.7% |
| Total equity and liabilities | 10/49 | €167,712 | €163,978 | -€3,734 | -2.2% |
| Equity | 10/15 | €85,335 | €86,463 | +€1,127 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,860 | €92,860 | = | 0.0% |
| Distributable reserves | 133 | €92,860 | €92,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,125 | -€24,997 | +€1,127 | +4.3% |
| Amounts payable | 17/49 | €82,377 | €77,515 | -€4,862 | -5.9% |
| Amounts payable after more than one year | 17 | €33,407 | €28,468 | -€4,939 | -14.8% |
| Financial debts | 170/4 | €33,407 | €28,468 | -€4,939 | -14.8% |
| Amounts payable within one year | 42/48 | €48,969 | €49,047 | +€78 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €6,568 | €4,939 | -€1,629 | -24.8% |
| Trade debts | 44 | €26,283 | €18,455 | -€7,827 | -29.8% |
| Suppliers | 440/4 | €26,283 | €18,455 | -€7,827 | -29.8% |
| Advances received on contracts in progress | 46 | - | €8,028 | +€8,028 | |
| Taxes, remuneration and social security | 45 | €0 | €1,595 | +€1,595 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | €1,595 | +€1,595 | |
| Other amounts payable | 47/48 | €16,118 | €16,029 | -€89 | -0.6% |
| Remuneration, social security and pensions | 62 | €223,295 | €211,560 | -€11,735 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,295 | €3,001 | +€706 | +30.7% |
| Other operating charges | 640/8 | €1,296 | €1,221 | -€75 | -5.8% |
| Gross operating margin | 9900 | €234,296 | €219,357 | -€14,939 | -6.4% |
| Operating profit (loss) | 9901 | €7,410 | €3,575 | -€3,835 | -51.8% |
| Financial income | 75/76B | €560 | €683 | +€123 | +22.0% |
| Recurring financial income | 75 | €560 | €683 | +€123 | +22.0% |
| Financial charges | 65/66B | €3,021 | €2,482 | -€539 | -17.9% |
| Recurring financial charges | 65 | €3,021 | €2,482 | -€539 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €4,949 | €1,777 | -€3,172 | -64.1% |
| Income taxes | 67/77 | €3,197 | €649 | -€2,548 | -79.7% |
| Profit (loss) for the period | 9904 | €1,752 | €1,127 | -€625 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,752 | €1,127 | -€625 | -35.6% |
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 8 October 2026 via checked.be.