Multivoxx: 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.
Multivoxx
Largest movements
- Cash -€6,129
down €6,129 (-77.5%), from €7,904 to €1,776
mainly Other debts (-€6,860) and Tax, wage and social debts (-€2,370)
- Tangible fixed assets -€1,293
down €1,293 (-52.4%), from €2,468 to €1,175
of which Other tangible fixed assets: -€780
- Receivables within one year +€713
up €713 (+57.1%), from €1,250 to €1,963
of which Other amounts receivable: +€713
- Other debts -€6,860
down €6,860 (-7.9%), from €87,392 to €80,531
- Tax, wage and social debts -€2,370
down €2,370 (-73.2%), from €3,237 to €867
- Profit (loss) carried forward +€2,093
up €2,093 (+2.5%), from -€85,260 to -€83,167
- Accrued charges and deferred income +€483
new in 2025: €483
- Gross operating margin -€14,945
down €14,945 (-72.9%), from €20,502 to €5,557
- Other operating charges +€766
up €766 (+99.5%), from €770 to €1,536
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 | €11,623 | €4,914 | -€6,708 | -57.7% |
| Fixed assets | 21/28 | €2,468 | €1,175 | -€1,293 | -52.4% |
| Tangible fixed assets | 22/27 | €2,468 | €1,175 | -€1,293 | -52.4% |
| Furniture and vehicles | 24 | €908 | €395 | -€513 | -56.5% |
| Other tangible fixed assets | 26 | €1,561 | €780 | -€780 | -50.0% |
| Current assets | 29/58 | €9,154 | €3,739 | -€5,415 | -59.2% |
| Amounts receivable within one year | 40/41 | €1,250 | €1,963 | +€713 | +57.1% |
| Trade receivables | 40 | €1,250 | €1,250 | = | 0.0% |
| Other amounts receivable | 41 | - | €713 | +€713 | |
| Cash at bank and in hand | 54/58 | €7,904 | €1,776 | -€6,129 | -77.5% |
| Total equity and liabilities | 10/49 | €11,623 | €4,914 | -€6,708 | -57.7% |
| Equity | 10/15 | -€79,060 | -€76,967 | +€2,093 | +2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,260 | -€83,167 | +€2,093 | +2.5% |
| Amounts payable | 17/49 | €90,682 | €81,881 | -€8,801 | -9.7% |
| Amounts payable within one year | 42/48 | €90,682 | €81,399 | -€9,284 | -10.2% |
| Trade debts | 44 | €53 | €0 | -€53 | -100.0% |
| Suppliers | 440/4 | €53 | €0 | -€53 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,237 | €867 | -€2,370 | -73.2% |
| Taxes | 450/3 | €3,237 | €867 | -€2,370 | -73.2% |
| Other amounts payable | 47/48 | €87,392 | €80,531 | -€6,860 | -7.9% |
| Accrued charges and deferred income | 492/3 | - | €483 | +€483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,456 | €1,293 | -€163 | -11.2% |
| Other operating charges | 640/8 | €770 | €1,536 | +€766 | +99.5% |
| Gross operating margin | 9900 | €20,502 | €5,557 | -€14,945 | -72.9% |
| Operating profit (loss) | 9901 | €18,277 | €2,729 | -€15,548 | -85.1% |
| Financial charges | 65/66B | €91 | €112 | +€21 | +23.0% |
| Recurring financial charges | 65 | €91 | €112 | +€21 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €18,186 | €2,617 | -€15,569 | -85.6% |
| Income taxes | 67/77 | €513 | €524 | +€11 | +2.1% |
| Profit (loss) for the period | 9904 | €17,672 | €2,093 | -€15,580 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,672 | €2,093 | -€15,580 | -88.2% |
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 8 October 2026 via checked.be.