Multiplier Technologies Belgium: what changed
Multiplier Technologies Belgium
Largest movements
- Receivables within one year +€228,111
up €228,111 (+324%), from €70,310 to €298,421
of which Trade receivables: +€223,155
- Cash -€32,166
down €32,166 (-32.4%), from €99,387 to €67,221
mainly Receivables within one year (-€228,111)
- Tax, wage and social debts +€189,331
up €189,331 (+226%), from €83,876 to €273,207
of which Remuneration and social security: +€161,391
- Trade debts +€4,307
up €4,307 (+87.7%), from €4,913 to €9,220
- Staff costs +€339,104
up €339,104 (+42.6%), from €796,143 to €1.1m
- Gross operating margin +€330,294
up €330,294 (+40.7%), from €810,909 to €1.1m
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,500 | €365,842 | +€194,342 | +113% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €171,300 | €365,642 | +€194,342 | +113% |
| Amounts receivable within one year | 40/41 | €70,310 | €298,421 | +€228,111 | +324% |
| Trade receivables | 40 | €69,843 | €292,998 | +€223,155 | +320% |
| Other amounts receivable | 41 | €467 | €5,423 | +€4,956 | +1,062% |
| Cash at bank and in hand | 54/58 | €99,387 | €67,221 | -€32,166 | -32.4% |
| Deferred charges and accrued income | 490/1 | €1,604 | €0 | -€1,604 | -100% |
| Total equity and liabilities | 10/49 | €171,500 | €365,842 | +€194,342 | +113% |
| Equity | 10/15 | €2,620 | €3,324 | +€704 | +26.9% |
| Profit (loss) carried forward | 14 | €2,620 | €3,324 | +€704 | +26.9% |
| Amounts payable | 17/49 | €168,880 | €362,518 | +€193,637 | +115% |
| Amounts payable within one year | 42/48 | €168,880 | €362,518 | +€193,637 | +115% |
| Trade debts | 44 | €4,913 | €9,220 | +€4,307 | +87.7% |
| Suppliers | 440/4 | €4,913 | €9,220 | +€4,307 | +87.7% |
| Taxes, remuneration and social security | 45 | €83,876 | €273,207 | +€189,331 | +226% |
| Taxes | 450/3 | €17,253 | €45,193 | +€27,940 | +162% |
| Remuneration and social security | 454/9 | €66,623 | €228,014 | +€161,391 | +242% |
| Other amounts payable | 47/48 | €80,091 | €80,091 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €796,143 | €1,135,247 | +€339,104 | +42.6% |
| Other operating charges | 640/8 | €450 | €0 | -€450 | -100% |
| Gross operating margin | 9900 | €810,909 | €1,141,203 | +€330,294 | +40.7% |
| Operating profit (loss) | 9901 | €14,316 | €5,956 | -€8,360 | -58.4% |
| Financial income | 75/76B | €134 | €0 | -€134 | -100% |
| Recurring financial income | 75 | €134 | €0 | -€134 | -100% |
| Financial charges | 65/66B | €12,909 | €4,613 | -€8,296 | -64.3% |
| Recurring financial charges | 65 | €12,909 | €4,613 | -€8,296 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €1,541 | €1,343 | -€198 | -12.9% |
| Income taxes | 67/77 | €516 | €639 | +€123 | +23.8% |
| Profit (loss) for the period | 9904 | €1,025 | €704 | -€321 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,025 | €704 | -€321 | -31.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.