MULTISERVICE BURO: 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.
MULTISERVICE BURO
Largest movements
- Tangible fixed assets +€902,739
up €902,739 (+90.3%), from €999,611 to €1.9m
of which Land and buildings: +€889,323
- Cash -€173,422
down €173,422 (-21.3%), from €812,528 to €639,106
mainly Investment in fixed assets (net) (-€1.1m) and Trade debts (-€36,658)
- Receivables within one year -€39,223
down €39,223 (-64.9%), from €60,469 to €21,246
of which Trade receivables: -€44,460
- Debts after one year +€680,556
up €680,556 (+386.1%), from €176,250 to €856,806
- Trade debts -€36,658
down €36,658 (-28.3%), from €129,735 to €93,077
- Current portion of long-term debt +€33,369
up €33,369 (+80.2%), from €41,631 to €75,000
- Tax, wage and social debts -€32,826
down €32,826 (-49.5%), from €66,374 to €33,548
of which Taxes: -€24,233
- Taxes -€52,932
down €52,932, from €28,563 to -€24,369
- Depreciation +€32,176
up €32,176 (+27.6%), from €116,575 to €148,751
- Financial charges +€27,429
up €27,429 (+105.7%), from €25,960 to €53,389
- Other operating charges +€16,448
up €16,448 (+578.9%), from €2,841 to €19,289
- Staff costs +€12,058
up €12,058 (+5.8%), from €208,839 to €220,897
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 | €2,060,223 | €2,756,624 | +€696,401 | +33.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,180,600 | €2,083,339 | +€902,739 | +76.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €999,611 | €1,902,350 | +€902,739 | +90.3% |
| Land and buildings | 22 | €969,877 | €1,859,200 | +€889,323 | +91.7% |
| Plant, machinery and equipment | 23 | €17,202 | €18,132 | +€930 | +5.4% |
| Furniture and vehicles | 24 | €12,532 | €25,018 | +€12,486 | +99.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €180,989 | €180,989 | = | 0.0% |
| Current assets | 29/58 | €879,623 | €673,285 | -€206,338 | -23.5% |
| Amounts receivable within one year | 40/41 | €60,469 | €21,246 | -€39,223 | -64.9% |
| Trade receivables | 40 | €58,533 | €14,073 | -€44,460 | -76.0% |
| Other amounts receivable | 41 | €1,937 | €7,173 | +€5,237 | +270.4% |
| Cash at bank and in hand | 54/58 | €812,528 | €639,106 | -€173,422 | -21.3% |
| Deferred charges and accrued income | 490/1 | €6,625 | €12,933 | +€6,308 | +95.2% |
| Total equity and liabilities | 10/49 | €2,060,223 | €2,756,624 | +€696,401 | +33.8% |
| Equity | 10/15 | €1,201,079 | €1,218,267 | +€17,188 | +1.4% |
| Contributions | 10/11 | €477,195 | €477,195 | = | 0.0% |
| Capital | 10 | €477,195 | €477,195 | = | 0.0% |
| Issued capital | 100 | €477,195 | €477,195 | = | 0.0% |
| Reserves | 13 | €556,535 | €573,723 | +€17,188 | +3.1% |
| Non-distributable reserves | 130/1 | €47,720 | €47,720 | = | 0.0% |
| Legal reserve | 130 | €47,720 | €47,720 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,641 | €14,641 | = | 0.0% |
| Distributable reserves | 133 | €494,175 | €511,363 | +€17,188 | +3.5% |
| Profit (loss) carried forward | 14 | €167,349 | €167,349 | = | 0.0% |
| Provisions and deferred taxes | 16 | €32,500 | €32,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €32,500 | €32,500 | = | 0.0% |
| Environmental obligations | 163 | €32,500 | €32,500 | = | 0.0% |
| Amounts payable | 17/49 | €826,644 | €1,505,856 | +€679,213 | +82.2% |
| Amounts payable after more than one year | 17 | €176,250 | €856,806 | +€680,556 | +386.1% |
| Financial debts | 170/4 | €176,250 | €856,806 | +€680,556 | +386.1% |
| Amounts payable within one year | 42/48 | €631,959 | €622,244 | -€9,715 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €41,631 | €75,000 | +€33,369 | +80.2% |
| Trade debts | 44 | €129,735 | €93,077 | -€36,658 | -28.3% |
| Suppliers | 440/4 | €129,735 | €93,077 | -€36,658 | -28.3% |
| Taxes, remuneration and social security | 45 | €66,374 | €33,548 | -€32,826 | -49.5% |
| Taxes | 450/3 | €30,215 | €5,982 | -€24,233 | -80.2% |
| Remuneration and social security | 454/9 | €36,158 | €27,566 | -€8,593 | -23.8% |
| Other amounts payable | 47/48 | €394,220 | €420,619 | +€26,399 | +6.7% |
| Accrued charges and deferred income | 492/3 | €18,434 | €26,807 | +€8,373 | +45.4% |
| Remuneration, social security and pensions | 62 | €208,839 | €220,897 | +€12,058 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,575 | €148,751 | +€32,176 | +27.6% |
| Other operating charges | 640/8 | €2,841 | €19,289 | +€16,448 | +578.9% |
| Gross operating margin | 9900 | €446,388 | €435,142 | -€11,246 | -2.5% |
| Operating profit (loss) | 9901 | €118,133 | €46,206 | -€71,927 | -60.9% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €25,960 | €53,389 | +€27,429 | +105.7% |
| Recurring financial charges | 65 | €25,960 | €53,389 | +€27,429 | +105.7% |
| Profit (loss) for the period before taxes | 9903 | €92,173 | -€7,181 | -€99,354 | |
| Income taxes | 67/77 | €28,563 | -€24,369 | -€52,932 | |
| Profit (loss) for the period | 9904 | €63,610 | €17,188 | -€46,421 | -73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €63,610 | €17,188 | -€46,421 | -73.0% |
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 11 October 2026 via checked.be.