MultiservYC's: 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.
MultiservYC's
Largest movements
- Cash +€95,099
up €95,099 (+744.6%), from €12,772 to €107,872
mainly Trade debts (+€81,209) and Receivables within one year (+€41,186)
- Tangible fixed assets +€67,555
up €67,555 (+85.3%), from €79,231 to €146,786
of which Furniture and vehicles: +€63,440
- Receivables within one year -€41,186
down €41,186 (-16.9%), from €243,310 to €202,124
of which Trade receivables: -€45,060
- Deferred charges and accrued income +€5,754
up €5,754 (+31.3%), from €18,406 to €24,160
- Trade debts +€81,209
up €81,209 (+111.5%), from €72,863 to €154,072
- Reserves +€32,000
up €32,000 (+60.4%), from €53,000 to €85,000
- Tax, wage and social debts -€23,536
down €23,536 (-35.2%), from €66,851 to €43,315
of which Remuneration and social security: -€15,360
- Debts after one year +€23,478
up €23,478 (+58.7%), from €40,011 to €63,488
- Current portion of long-term debt +€8,981
up €8,981 (+19.6%), from €45,760 to €54,741
- Staff costs -€100,769
down €100,769 (-31.4%), from €321,179 to €220,410
- Gross operating margin -€99,647
down €99,647 (-23.5%), from €424,246 to €324,599
- Other operating charges -€19,445
down €19,445 (-77.6%), from €25,057 to €5,612
- Financial charges -€9,346
down €9,346 (-50.2%), from €18,634 to €9,288
- Taxes +€6,002
up €6,002 (+51.8%), from €11,592 to €17,594
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 | €368,679 | €495,667 | +€126,988 | +34.4% |
| Formation expenses | 20 | €234 | €0 | -€234 | -100.0% |
| Fixed assets | 21/28 | €93,706 | €161,261 | +€67,555 | +72.1% |
| Tangible fixed assets | 22/27 | €79,231 | €146,786 | +€67,555 | +85.3% |
| Plant, machinery and equipment | 23 | €3,036 | €7,151 | +€4,114 | +135.5% |
| Furniture and vehicles | 24 | €76,195 | €139,635 | +€63,440 | +83.3% |
| Financial fixed assets | 28 | €14,475 | €14,475 | = | 0.0% |
| Current assets | 29/58 | €274,738 | €334,406 | +€59,667 | +21.7% |
| Stocks and contracts in progress | 3 | €250 | €250 | = | 0.0% |
| Stocks | 30/36 | €250 | €250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €243,310 | €202,124 | -€41,186 | -16.9% |
| Trade receivables | 40 | €230,694 | €185,633 | -€45,060 | -19.5% |
| Other amounts receivable | 41 | €12,616 | €16,490 | +€3,875 | +30.7% |
| Cash at bank and in hand | 54/58 | €12,772 | €107,872 | +€95,099 | +744.6% |
| Deferred charges and accrued income | 490/1 | €18,406 | €24,160 | +€5,754 | +31.3% |
| Total equity and liabilities | 10/49 | €368,679 | €495,667 | +€126,988 | +34.4% |
| Equity | 10/15 | €88,321 | €124,438 | +€36,117 | +40.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €53,000 | €85,000 | +€32,000 | +60.4% |
| Distributable reserves | 133 | €53,000 | €85,000 | +€32,000 | +60.4% |
| Profit (loss) carried forward | 14 | €321 | €4,438 | +€4,117 | +1280.6% |
| Amounts payable | 17/49 | €280,358 | €371,229 | +€90,871 | +32.4% |
| Amounts payable after more than one year | 17 | €40,011 | €63,488 | +€23,478 | +58.7% |
| Financial debts | 170/4 | €40,011 | €63,488 | +€23,478 | +58.7% |
| Amounts payable within one year | 42/48 | €239,917 | €304,646 | +€64,729 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €45,760 | €54,741 | +€8,981 | +19.6% |
| Financial debts | 43 | €5,000 | €0 | -€5,000 | -100.0% |
| Credit institutions | 430/8 | €5,000 | €0 | -€5,000 | -100.0% |
| Trade debts | 44 | €72,863 | €154,072 | +€81,209 | +111.5% |
| Suppliers | 440/4 | €72,863 | €154,072 | +€81,209 | +111.5% |
| Advances received on contracts in progress | 46 | €1,331 | €0 | -€1,331 | -100.0% |
| Taxes, remuneration and social security | 45 | €66,851 | €43,315 | -€23,536 | -35.2% |
| Taxes | 450/3 | €29,051 | €20,875 | -€8,176 | -28.1% |
| Remuneration and social security | 454/9 | €37,800 | €22,440 | -€15,360 | -40.6% |
| Other amounts payable | 47/48 | €48,111 | €52,518 | +€4,406 | +9.2% |
| Accrued charges and deferred income | 492/3 | €431 | €3,095 | +€2,664 | +618.9% |
| Non-recurring operating income | 76A | €2,365 | €77 | -€2,288 | -96.7% |
| Remuneration, social security and pensions | 62 | €321,179 | €220,410 | -€100,769 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,952 | €36,266 | +€5,314 | +17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,950 | €0 | +€2,950 | |
| Other operating charges | 640/8 | €25,057 | €5,612 | -€19,445 | -77.6% |
| Non-recurring operating charges | 66A | €160 | €0 | -€160 | -100.0% |
| Gross operating margin | 9900 | €424,246 | €324,599 | -€99,647 | -23.5% |
| Operating profit (loss) | 9901 | €49,847 | €62,311 | +€12,464 | +25.0% |
| Financial income | 75/76B | €281 | €663 | +€382 | +135.9% |
| Recurring financial income | 75 | €281 | €663 | +€382 | +135.9% |
| Financial charges | 65/66B | €18,634 | €9,288 | -€9,346 | -50.2% |
| Recurring financial charges | 65 | €18,634 | €9,288 | -€9,346 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €31,494 | €53,685 | +€22,191 | +70.5% |
| Income taxes | 67/77 | €11,592 | €17,594 | +€6,002 | +51.8% |
| Profit (loss) for the period | 9904 | €19,902 | €36,092 | +€16,189 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,902 | €36,092 | +€16,189 | +81.3% |
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 4 October 2026 via checked.be.