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MULTITRONICS: 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

MULTITRONICS

BE 0428.427.719
NACE 69.109, Other legal services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€8,187
2023 · -€21,207+€29,394
Equity
€263,903
2023 · €273,716-€9,813
Cash
€11,179
2023 · €5+€11,175
Balance sheet total
€358,110
2023 · €353,515+€4,595

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€17,108

    down €17,108 (-4.8%), from €352,789 to €335,681

    of which Land and buildings: -€21,945

  • Cash +€11,175

    up €11,175 (+248332.4%), from €5 to €11,179

    mainly Depreciation (+€22,118) and Other debts (+€16,060)

  • Receivables within one year +€10,528

    up €10,528 (+1459.0%), from €722 to €11,250

Equity and liabilities
  • Other debts +€16,060

    up €16,060 (+195.9%), from €8,198 to €24,259

  • Reserves -€10,556

    down €10,556 (-4.3%), from €245,584 to €235,028

    of which Tax-exempt reserves: -€10,556

  • Provisions -€5,435

    down €5,435 (-7.7%), from €70,659 to €65,224

Income statement
  • Gross operating margin +€33,929

    up €33,929, from -€688 to €33,241

  • Taxes +€2,524

    new in 2024: €2,524

  • Other operating charges +€1,932

    up €1,932 (+50.2%), from €3,847 to €5,779

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 -€21,207
Gross operating margin +€33,929
Depreciation -€172
Other operating charges -€1,932
Financial income +€1
Financial charges +€92
Taxes -€2,524
Result 2024 €8,187

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 +€34,184
Investment -€5,009
Financing -€18,000
Cash 2023 €5
Net result for the year +€8,187
Depreciation +€22,118
Receivables within one year -€10,528
Provisions -€5,435
Trade debts +€213
Tax, wage and social debts +€3,570
Other debts +€16,060
Investment in fixed assets (net) -€5,009
Contributions, distributions and other -€18,000
Cash 2024 €11,179
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €353,515 €358,110 +€4,595 +1.3%
Fixed assets 21/28 €352,789 €335,681 -€17,108 -4.8%
Tangible fixed assets 22/27 €352,789 €335,681 -€17,108 -4.8%
Land and buildings 22 €352,789 €330,844 -€21,945 -6.2%
Plant, machinery and equipment 23 - €4,837 +€4,837
Current assets 29/58 €726 €22,429 +€21,703 +2988.9%
Amounts receivable within one year 40/41 €722 €11,250 +€10,528 +1459.0%
Other amounts receivable 41 €722 €11,250 +€10,528 +1459.0%
Cash at bank and in hand 54/58 €5 €11,179 +€11,175 +248332.4%
Total equity and liabilities 10/49 €353,515 €358,110 +€4,595 +1.3%
Equity 10/15 €273,716 €263,903 -€9,813 -3.6%
Contributions 10/11 €22,310 €22,310 = 0.0%
Reserves 13 €245,584 €235,028 -€10,556 -4.3%
Tax-exempt reserves 132 €137,223 €126,667 -€10,556 -7.7%
Distributable reserves 133 €108,361 €108,361 = 0.0%
Profit (loss) carried forward 14 €5,822 €6,564 +€743 +12.8%
Provisions and deferred taxes 16 €70,659 €65,224 -€5,435 -7.7%
Deferred taxes 168 €70,659 €65,224 -€5,435 -7.7%
Amounts payable 17/49 €9,141 €28,984 +€19,843 +217.1%
Amounts payable within one year 42/48 €9,141 €28,984 +€19,843 +217.1%
Trade debts 44 €943 €1,156 +€213 +22.6%
Suppliers 440/4 €943 €1,156 +€213 +22.6%
Taxes, remuneration and social security 45 - €3,570 +€3,570
Taxes 450/3 - €3,570 +€3,570
Other amounts payable 47/48 €8,198 €24,259 +€16,060 +195.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,945 €22,118 +€172 +0.8%
Other operating charges 640/8 €3,847 €5,779 +€1,932 +50.2%
Gross operating margin 9900 -€688 €33,241 +€33,929
Operating profit (loss) 9901 -€26,481 €5,344 +€31,825
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €161 €70 -€92 -56.8%
Recurring financial charges 65 €161 €70 -€92 -56.8%
Profit (loss) for the period before taxes 9903 -€26,642 €5,276 +€31,918
Transfer from deferred taxes 780 €5,435 €5,435 = 0.0%
Income taxes 67/77 - €2,524 +€2,524
Profit (loss) for the period 9904 -€21,207 €8,187 +€29,394
Transfer from tax-exempt reserves 789 €10,556 €10,556 = 0.0%
Profit (loss) for the period to be appropriated 9905 -€10,651 €18,743 +€29,394

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 2 October 2026 via checked.be.