MULTITAVERNE: 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.
MULTITAVERNE
Largest movements
- Cash +€32,836
up €32,836 (+39.4%), from €83,322 to €116,158
mainly Depreciation (+€15,174) and Tax, wage and social debts (+€8,615)
- Intangible fixed assets -€12,500
down €12,500 (-30.0%), from €41,667 to €29,167
- Receivables within one year -€5,947
down €5,947 (-33.6%), from €17,694 to €11,748
of which Trade receivables: -€13,866
- Deferred charges and accrued income -€3,128
down €3,128 (-40.9%), from €7,650 to €4,522
- Tax, wage and social debts +€8,615
up €8,615 (+29.5%), from €29,180 to €37,795
of which Taxes: +€5,316
- Profit (loss) carried forward +€3,896
up €3,896 (+4.3%), from €90,656 to €94,551
- Other debts -€2,044
down €2,044 (-84.9%), from €2,408 to €364
- Gross operating margin -€41,352
down €41,352 (-20.0%), from €206,871 to €165,519
- Other operating charges -€12,281
down €12,281 (-72.4%), from €16,952 to €4,671
- Staff costs +€11,659
up €11,659 (+10.0%), from €116,209 to €127,868
- Taxes -€10,091
down €10,091 (-82.0%), from €12,310 to €2,219
- Financial charges +€2,564
up €2,564 (+68.8%), from €3,728 to €6,292
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 | €164,225 | €175,690 | +€11,465 | +7.0% |
| Fixed assets | 21/28 | €49,315 | €38,045 | -€11,271 | -22.9% |
| Intangible fixed assets | 21 | €41,667 | €29,167 | -€12,500 | -30.0% |
| Tangible fixed assets | 22/27 | €7,389 | €8,878 | +€1,489 | +20.2% |
| Plant, machinery and equipment | 23 | €4,425 | €7,102 | +€2,676 | +60.5% |
| Furniture and vehicles | 24 | €2,963 | €1,776 | -€1,187 | -40.1% |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €114,910 | €137,645 | +€22,735 | +19.8% |
| Stocks and contracts in progress | 3 | €6,244 | €5,218 | -€1,026 | -16.4% |
| Stocks | 30/36 | €6,244 | €5,218 | -€1,026 | -16.4% |
| Amounts receivable within one year | 40/41 | €17,694 | €11,748 | -€5,947 | -33.6% |
| Trade receivables | 40 | €13,866 | - | -€13,866 | |
| Other amounts receivable | 41 | €3,828 | €11,748 | +€7,919 | +207% |
| Cash at bank and in hand | 54/58 | €83,322 | €116,158 | +€32,836 | +39.4% |
| Deferred charges and accrued income | 490/1 | €7,650 | €4,522 | -€3,128 | -40.9% |
| Total equity and liabilities | 10/49 | €164,225 | €175,690 | +€11,465 | +7.0% |
| Equity | 10/15 | €109,581 | €113,477 | +€3,896 | +3.6% |
| Contributions | 10/11 | €18,925 | €18,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,656 | €94,551 | +€3,896 | +4.3% |
| Amounts payable | 17/49 | €54,644 | €62,213 | +€7,569 | +13.9% |
| Amounts payable after more than one year | 17 | €8,000 | €8,000 | = | 0.0% |
| Financial debts | 170/4 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,644 | €54,213 | +€7,569 | +16.2% |
| Trade debts | 44 | €15,056 | €16,055 | +€998 | +6.6% |
| Suppliers | 440/4 | €15,056 | €16,055 | +€998 | +6.6% |
| Taxes, remuneration and social security | 45 | €29,180 | €37,795 | +€8,615 | +29.5% |
| Taxes | 450/3 | €12,770 | €18,086 | +€5,316 | +41.6% |
| Remuneration and social security | 454/9 | €16,411 | €19,710 | +€3,299 | +20.1% |
| Other amounts payable | 47/48 | €2,408 | €364 | -€2,044 | -84.9% |
| Non-recurring operating income | 76A | €9,717 | €102 | -€9,615 | -99.0% |
| Remuneration, social security and pensions | 62 | €116,209 | €127,868 | +€11,659 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,238 | €15,174 | -€65 | -0.4% |
| Other operating charges | 640/8 | €16,952 | €4,671 | -€12,281 | -72.4% |
| Non-recurring operating charges | 66A | €2,863 | €6,002 | +€3,139 | +110% |
| Gross operating margin | 9900 | €206,871 | €165,519 | -€41,352 | -20.0% |
| Operating profit (loss) | 9901 | €55,608 | €11,804 | -€43,805 | -78.8% |
| Financial income | 75/76B | €505 | €602 | +€98 | +19.4% |
| Recurring financial income | 75 | €505 | €602 | +€98 | +19.4% |
| Financial charges | 65/66B | €3,728 | €6,292 | +€2,564 | +68.8% |
| Recurring financial charges | 65 | €3,728 | €6,292 | +€2,564 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €52,385 | €6,114 | -€46,271 | -88.3% |
| Income taxes | 67/77 | €12,310 | €2,219 | -€10,091 | -82.0% |
| Profit (loss) for the period | 9904 | €40,075 | €3,896 | -€36,180 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,075 | €3,896 | -€36,180 | -90.3% |
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 27 October 2026 via checked.be.