MULTOPOWER: 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.
MULTOPOWER
Largest movements
- Tangible fixed assets +€72,110
up €72,110 (+40.3%), from €179,140 to €251,250
- Cash -€26,852
down €26,852 (-55.3%), from €48,541 to €21,689
mainly Investment in fixed assets (net) (-€72,110) and Receivables within one year (-€25,057)
- Receivables within one year +€25,057
up €25,057 (+7709.0%), from €325 to €25,382
- Other debts +€72,110
up €72,110 (+40.3%), from €179,140 to €251,250
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Gross operating margin -€109
down €109 (-6.6%), from -€1,653 to -€1,762
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 | €228,006 | €298,322 | +€70,315 | +30.8% |
| Fixed assets | 21/28 | €179,140 | €251,250 | +€72,110 | +40.3% |
| Tangible fixed assets | 22/27 | €179,140 | €251,250 | +€72,110 | +40.3% |
| Land and buildings | 22 | €179,140 | €251,250 | +€72,110 | +40.3% |
| Current assets | 29/58 | €48,866 | €47,072 | -€1,795 | -3.7% |
| Amounts receivable within one year | 40/41 | €325 | €25,382 | +€25,057 | +7709.0% |
| Other amounts receivable | 41 | €325 | €25,382 | +€25,057 | +7709.0% |
| Cash at bank and in hand | 54/58 | €48,541 | €21,689 | -€26,852 | -55.3% |
| Total equity and liabilities | 10/49 | €228,006 | €298,322 | +€70,315 | +30.8% |
| Equity | 10/15 | €47,926 | €46,131 | -€1,795 | -3.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,074 | -€3,869 | -€1,795 | -86.5% |
| Amounts payable | 17/49 | €180,081 | €252,191 | +€72,110 | +40.0% |
| Amounts payable within one year | 42/48 | €180,081 | €252,191 | +€72,110 | +40.0% |
| Trade debts | 44 | €941 | €941 | = | 0.0% |
| Suppliers | 440/4 | €941 | €941 | = | 0.0% |
| Other amounts payable | 47/48 | €179,140 | €251,250 | +€72,110 | +40.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€1,653 | -€1,762 | -€109 | -6.6% |
| Operating profit (loss) | 9901 | -€2,041 | -€1,762 | +€279 | +13.7% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €34 | €40 | +€7 | +19.7% |
| Recurring financial charges | 65 | €34 | €40 | +€7 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,074 | -€1,795 | +€280 | +13.5% |
| Profit (loss) for the period | 9904 | -€2,074 | -€1,795 | +€280 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,074 | -€1,795 | +€280 | +13.5% |
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 12 October 2026 via checked.be.