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MULTIPROD: 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.

What changed

MULTIPROD

BE 0833.320.070
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€55,550
2024 · -€123,253+€67,703
Equity
-€691,362
2024 · -€635,811-€55,550
Cash
€4,032
2024 · €331+€3,701
Balance sheet total
€1.5m
2024 · €1.5m+€6,965

Largest movements

2024 to 2025
Assets
  • Financial fixed assets +€15,263

    up €15,263 (+1.0%), from €1.5m to €1.5m

Equity and liabilities
  • Other debts +€67,511

    up €67,511 (+183.1%), from €36,867 to €104,378

  • Profit (loss) carried forward -€55,550

    down €55,550 (-8.6%), from -€649,311 to -€704,862

  • Accrued charges and deferred income -€28,068

    down €28,068 (-90.5%), from €30,998 to €2,930

  • Debts after one year +€19,064

    up €19,064 (+0.9%), from €2.0m to €2.1m

    of which Other amounts payable: +€44,118

Income statement
  • Financial charges -€67,929

    down €67,929 (-60.3%), from €112,597 to €44,668

  • Gross operating margin -€354

    down €354 (-3.4%), from -€10,348 to -€10,703

  • Financial income +€159

    up €159 (+24.1%), from €660 to €819

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€123,253
Gross operating margin -€354
Other operating charges -€31
Financial income +€159
Financial charges +€67,929
Result 2025 -€55,550

Cash bridge derived

cash 2024 to 2025

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.

From operations -€546
Investment -€15,263
Financing +€19,510
Cash 2024 €331
Net result for the year -€55,550
Receivables within one year +€12,000
Trade debts +€3,562
Other debts +€67,511
Accrued charges and deferred income -€28,068
Investment in fixed assets (net) -€15,263
Debts after one year +€19,064
Current portion of long-term debt +€446
Cash 2025 €4,032
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,500,362 €1,507,327 +€6,965 +0.5%
Fixed assets 21/28 €1,488,031 €1,503,294 +€15,263 +1.0%
Financial fixed assets 28 €1,488,031 €1,503,294 +€15,263 +1.0%
Current assets 29/58 €12,331 €4,032 -€8,299 -67.3%
Amounts receivable within one year 40/41 €12,000 €0 -€12,000 -100.0%
Trade receivables 40 €12,000 €0 -€12,000 -100.0%
Cash at bank and in hand 54/58 €331 €4,032 +€3,701 +1117.7%
Total equity and liabilities 10/49 €1,500,362 €1,507,327 +€6,965 +0.5%
Equity 10/15 -€635,811 -€691,362 -€55,550 -8.7%
Contributions 10/11 €13,500 €13,500 = 0.0%
Profit (loss) carried forward 14 -€649,311 -€704,862 -€55,550 -8.6%
Amounts payable 17/49 €2,136,174 €2,198,688 +€62,515 +2.9%
Amounts payable after more than one year 17 €2,043,245 €2,062,309 +€19,064 +0.9%
Financial debts 170/4 €983,301 €958,247 -€25,054 -2.5%
Other amounts payable 178/9 €1,059,944 €1,104,062 +€44,118 +4.2%
Amounts payable within one year 42/48 €61,930 €133,449 +€71,519 +115.5%
Current portion of amounts payable after more than one year 42 €18,010 €18,456 +€446 +2.5%
Trade debts 44 €7,053 €10,615 +€3,562 +50.5%
Suppliers 440/4 €7,053 €10,615 +€3,562 +50.5%
Taxes, remuneration and social security 45 €0 - =
Taxes 450/3 €0 - =
Other amounts payable 47/48 €36,867 €104,378 +€67,511 +183.1%
Accrued charges and deferred income 492/3 €30,998 €2,930 -€28,068 -90.5%
Other operating charges 640/8 €968 €998 +€31 +3.2%
Gross operating margin 9900 -€10,348 -€10,703 -€354 -3.4%
Operating profit (loss) 9901 -€11,316 -€11,701 -€385 -3.4%
Financial income 75/76B €660 €819 +€159 +24.1%
Recurring financial income 75 €660 €819 +€159 +24.1%
Financial charges 65/66B €112,597 €44,668 -€67,929 -60.3%
Recurring financial charges 65 €112,597 €44,668 -€67,929 -60.3%
Profit (loss) for the period before taxes 9903 -€123,253 -€55,550 +€67,703 +54.9%
Profit (loss) for the period 9904 -€123,253 -€55,550 +€67,703 +54.9%
Profit (loss) for the period to be appropriated 9905 -€123,253 -€55,550 +€67,703 +54.9%

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 30 September 2026 via checked.be.