MULTIPOTENTIEEL: 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.
MULTIPOTENTIEEL
Largest movements
- Tangible fixed assets -€39,787
down €39,787 (-8.7%), from €456,611 to €416,824
of which Land and buildings: -€20,842
- Receivables within one year -€17,334
down €17,334 (-82.9%), from €20,923 to €3,588
of which Other amounts receivable: -€9,838
- Cash +€10,035
up €10,035 (+125%), from €8,001 to €18,035
mainly Depreciation (+€54,398) and Receivables within one year (+€17,334)
- Debts after one year -€36,950
down €36,950 (-16.6%), from €222,870 to €185,921
- Reserves -€13,072
down €13,072 (-8.1%), from €161,898 to €148,826
of which Distributable reserves: -€13,072
- Other debts +€6,703
new in 2025: €6,703
- Gross operating margin -€41,621
down €41,621 (-34.0%), from €122,533 to €80,913
- Staff costs -€27,625
down €27,625 (-93.0%), from €29,695 to €2,070
- Financial charges -€2,868
down €2,868 (-17.9%), from €15,995 to €13,127
- Depreciation -€2,719
down €2,719 (-4.8%), from €57,117 to €54,398
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.
Derived cash bridge
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 | €498,128 | €452,046 | -€46,081 | -9.3% |
| Fixed assets | 21/28 | €462,999 | €423,140 | -€39,859 | -8.6% |
| Intangible fixed assets | 21 | €4,742 | €4,670 | -€72 | -1.5% |
| Tangible fixed assets | 22/27 | €456,611 | €416,824 | -€39,787 | -8.7% |
| Land and buildings | 22 | €305,201 | €284,359 | -€20,842 | -6.8% |
| Plant, machinery and equipment | 23 | €141,262 | €122,063 | -€19,199 | -13.6% |
| Furniture and vehicles | 24 | €10,149 | €10,402 | +€253 | +2.5% |
| Financial fixed assets | 28 | €1,645 | €1,645 | = | 0.0% |
| Current assets | 29/58 | €35,129 | €28,907 | -€6,222 | -17.7% |
| Stocks and contracts in progress | 3 | €4,271 | €4,398 | +€127 | +3.0% |
| Stocks | 30/36 | €4,271 | €4,398 | +€127 | +3.0% |
| Amounts receivable within one year | 40/41 | €20,923 | €3,588 | -€17,334 | -82.9% |
| Trade receivables | 40 | €9,756 | €2,260 | -€7,496 | -76.8% |
| Other amounts receivable | 41 | €11,167 | €1,329 | -€9,838 | -88.1% |
| Cash at bank and in hand | 54/58 | €8,001 | €18,035 | +€10,035 | +125% |
| Deferred charges and accrued income | 490/1 | €1,934 | €2,885 | +€951 | +49.2% |
| Total equity and liabilities | 10/49 | €498,128 | €452,046 | -€46,081 | -9.3% |
| Equity | 10/15 | €223,898 | €210,826 | -€13,072 | -5.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €161,898 | €148,826 | -€13,072 | -8.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €155,698 | €142,626 | -€13,072 | -8.4% |
| Amounts payable | 17/49 | €274,229 | €241,220 | -€33,009 | -12.0% |
| Amounts payable after more than one year | 17 | €222,870 | €185,921 | -€36,950 | -16.6% |
| Financial debts | 170/4 | €222,870 | €185,921 | -€36,950 | -16.6% |
| Amounts payable within one year | 42/48 | €49,194 | €55,023 | +€5,830 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €37,424 | €36,950 | -€474 | -1.3% |
| Trade debts | 44 | €7,717 | €8,209 | +€492 | +6.4% |
| Suppliers | 440/4 | €7,717 | €8,209 | +€492 | +6.4% |
| Taxes, remuneration and social security | 45 | €4,053 | €3,162 | -€891 | -22.0% |
| Taxes | 450/3 | €3,409 | €3,016 | -€393 | -11.5% |
| Remuneration and social security | 454/9 | €644 | €146 | -€498 | -77.3% |
| Other amounts payable | 47/48 | - | €6,703 | +€6,703 | |
| Accrued charges and deferred income | 492/3 | €2,165 | €277 | -€1,889 | -87.2% |
| Remuneration, social security and pensions | 62 | €29,695 | €2,070 | -€27,625 | -93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,117 | €54,398 | -€2,719 | -4.8% |
| Other operating charges | 640/8 | €5,621 | €5,633 | +€13 | +0.2% |
| Gross operating margin | 9900 | €122,533 | €80,913 | -€41,621 | -34.0% |
| Operating profit (loss) | 9901 | €30,100 | €18,810 | -€11,290 | -37.5% |
| Financial income | 75/76B | €6 | €19 | +€13 | +205% |
| Recurring financial income | 75 | €6 | €19 | +€13 | +205% |
| Financial charges | 65/66B | €15,995 | €13,127 | -€2,868 | -17.9% |
| Recurring financial charges | 65 | €15,995 | €13,127 | -€2,868 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €14,112 | €5,703 | -€8,409 | -59.6% |
| Income taxes | 67/77 | €1,283 | €1,175 | -€107 | -8.4% |
| Profit (loss) for the period | 9904 | €12,829 | €4,527 | -€8,302 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,829 | €4,527 | -€8,302 | -64.7% |
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 14 October 2026 via checked.be.