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MULTITERRA: 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

MULTITERRA

BE 0846.895.023
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€736
2023 · €12,187-€12,923
Equity
-€23,812
2023 · -€23,075-€736
Cash
€762
2023 · €5,904-€5,143
Balance sheet total
€762
2023 · €9,677-€8,916

Largest movements

2023 to 2024
Assets
  • Cash -€5,143

    down €5,143 (-87.1%), from €5,904 to €762

    mainly Other debts (-€4,000) and Trade debts (-€2,968)

  • Receivables within one year -€3,773

    down €3,773 (-100.0%), from €3,773 to €0

    of which Trade receivables: -€3,773

Equity and liabilities
  • Other debts -€4,000

    down €4,000 (-14.2%), from €28,121 to €24,121

  • Trade debts -€2,968

    down €2,968 (-86.8%), from €3,420 to €452

  • Tax, wage and social debts -€1,212

    down €1,212 (-100.0%), from €1,212 to €0

  • Profit (loss) carried forward -€736

    down €736 (-1.2%), from -€62,475 to -€63,212

Income statement
  • Gross operating margin -€13,585

    down €13,585, from €12,903 to -€682

  • Purchases and services -€2,087

    down €2,087 (-100.0%), from €2,087 to €0

  • Other operating charges -€662

    no longer reported in 2024 (was €662)

From the 2023 result to the 2024 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 2023 €12,187
Gross operating margin -€13,585
Other operating charges +€662
Result 2024 -€736

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€5,143
Investment €0
Financing €0
Cash 2023 €5,904
Net result for the year -€736
Receivables within one year +€3,773
Trade debts -€2,968
Tax, wage and social debts -€1,212
Other debts -€4,000
Cash 2024 €762
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €9,677 €762 -€8,916 -92.1%
Formation expenses 20 €0 €0 =
Fixed assets 21/28 €0 €0 =
Tangible fixed assets 22/27 €0 €0 =
Plant, machinery and equipment 23 €0 €0 =
Furniture and vehicles 24 €0 - =
Current assets 29/58 €9,677 €762 -€8,916 -92.1%
Amounts receivable within one year 40/41 €3,773 €0 -€3,773 -100.0%
Trade receivables 40 €3,773 €0 -€3,773 -100.0%
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €5,904 €762 -€5,143 -87.1%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €9,677 €762 -€8,916 -92.1%
Equity 10/15 -€23,075 -€23,812 -€736 -3.2%
Contributions 10/11 €39,400 €39,400 = 0.0%
Profit (loss) carried forward 14 -€62,475 -€63,212 -€736 -1.2%
Amounts payable 17/49 €32,753 €24,573 -€8,180 -25.0%
Amounts payable within one year 42/48 €32,753 €24,573 -€8,180 -25.0%
Trade debts 44 €3,420 €452 -€2,968 -86.8%
Suppliers 440/4 €3,420 €452 -€2,968 -86.8%
Taxes, remuneration and social security 45 €1,212 €0 -€1,212 -100.0%
Taxes 450/3 €1,212 €0 -€1,212 -100.0%
Other amounts payable 47/48 €28,121 €24,121 -€4,000 -14.2%
Goods, raw materials, services and sundry goods 60/61 €2,087 €0 -€2,087 -100.0%
Other operating charges 640/8 €662 - -€662
Gross operating margin 9900 €12,903 -€682 -€13,585
Operating profit (loss) 9901 €12,241 -€682 -€12,923
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €54 €54 = 0.0%
Recurring financial charges 65 €54 €54 = 0.0%
Profit (loss) for the period before taxes 9903 €12,187 -€736 -€12,923
Profit (loss) for the period 9904 €12,187 -€736 -€12,923
Profit (loss) for the period to be appropriated 9905 €12,187 -€736 -€12,923

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.