MULTITECHNICAL PUBLICATION SERVICES: 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.
MULTITECHNICAL PUBLICATION SERVICES
Largest movements
- Receivables within one year -€186,639
down €186,639 (-29.1%), from €641,891 to €455,252
of which Trade receivables: -€185,340
- Cash +€21,263
up €21,263 (+21.7%), from €97,979 to €119,243
mainly Receivables within one year (+€186,639) and Net result for the year (+€130,633)
- Trade debts -€245,049
down €245,049 (-92.3%), from €265,498 to €20,449
- Profit (loss) carried forward +€130,633
up €130,633 (+42.7%), from €305,604 to €436,237
- Other debts -€47,494
down €47,494 (-56.7%), from €83,817 to €36,324
- Gross operating margin +€56,660
up €56,660 (+8.7%), from €648,005 to €704,665
- Staff costs +€28,323
up €28,323 (+5.7%), from €495,650 to €523,973
- Financial charges -€12,209
down €12,209 (-88.5%), from €13,798 to €1,588
- Taxes +€9,266
up €9,266 (+24.0%), from €38,655 to €47,921
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 | €753,694 | €588,277 | -€165,417 | -21.9% |
| Fixed assets | 21/28 | €5,940 | €5,110 | -€830 | -14.0% |
| Tangible fixed assets | 22/27 | €2,235 | €910 | -€1,325 | -59.3% |
| Furniture and vehicles | 24 | €2,235 | €910 | -€1,325 | -59.3% |
| Financial fixed assets | 28 | €3,705 | €4,200 | +€495 | +13.4% |
| Current assets | 29/58 | €747,753 | €583,167 | -€164,587 | -22.0% |
| Amounts receivable within one year | 40/41 | €641,891 | €455,252 | -€186,639 | -29.1% |
| Trade receivables | 40 | €636,795 | €451,455 | -€185,340 | -29.1% |
| Other amounts receivable | 41 | €5,097 | €3,797 | -€1,299 | -25.5% |
| Cash at bank and in hand | 54/58 | €97,979 | €119,243 | +€21,263 | +21.7% |
| Deferred charges and accrued income | 490/1 | €7,883 | €8,672 | +€789 | +10.0% |
| Total equity and liabilities | 10/49 | €753,694 | €588,277 | -€165,417 | -21.9% |
| Equity | 10/15 | €327,241 | €457,875 | +€130,633 | +39.9% |
| Contributions | 10/11 | €21,637 | €21,637 | = | 0.0% |
| Profit (loss) carried forward | 14 | €305,604 | €436,237 | +€130,633 | +42.7% |
| Amounts payable | 17/49 | €426,452 | €130,402 | -€296,050 | -69.4% |
| Amounts payable within one year | 42/48 | €426,452 | €130,402 | -€296,050 | -69.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €265,498 | €20,449 | -€245,049 | -92.3% |
| Suppliers | 440/4 | €265,498 | €20,449 | -€245,049 | -92.3% |
| Taxes, remuneration and social security | 45 | €77,137 | €73,630 | -€3,507 | -4.5% |
| Taxes | 450/3 | €18,592 | €10,921 | -€7,671 | -41.3% |
| Remuneration and social security | 454/9 | €58,545 | €62,709 | +€4,164 | +7.1% |
| Other amounts payable | 47/48 | €83,817 | €36,324 | -€47,494 | -56.7% |
| Non-recurring operating income | 76A | - | €741 | +€741 | |
| Remuneration, social security and pensions | 62 | €495,650 | €523,973 | +€28,323 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,526 | €1,325 | -€200 | -13.1% |
| Other operating charges | 640/8 | €387 | €544 | +€156 | +40.4% |
| Gross operating margin | 9900 | €648,005 | €704,665 | +€56,660 | +8.7% |
| Operating profit (loss) | 9901 | €150,443 | €178,823 | +€28,381 | +18.9% |
| Financial income | 75/76B | €1 | €1,319 | +€1,318 | +171,178% |
| Recurring financial income | 75 | €1 | €1,319 | +€1,318 | +171,178% |
| Financial charges | 65/66B | €13,798 | €1,588 | -€12,209 | -88.5% |
| Recurring financial charges | 65 | €13,798 | €1,588 | -€12,209 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €136,646 | €178,554 | +€41,908 | +30.7% |
| Income taxes | 67/77 | €38,655 | €47,921 | +€9,266 | +24.0% |
| Profit (loss) for the period | 9904 | €97,991 | €130,633 | +€32,642 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,991 | €130,633 | +€32,642 | +33.3% |
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 17 October 2026 via checked.be.