MULTRONIC IMMO: 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.
MULTRONIC IMMO
Largest movements
- Cash +€57,345
up €57,345 (+49.0%), from €117,090 to €174,435
mainly Receivables within one year (+€49,080) and Depreciation (+€37,571)
- Receivables within one year -€49,080
down €49,080 (-99.1%), from €49,511 to €431
of which Trade receivables: -€49,082
- Tangible fixed assets -€9,305
down €9,305 (-2.7%), from €343,493 to €334,188
of which Land and buildings: -€9,681
- Tax, wage and social debts -€20,288
down €20,288 (-37.2%), from €54,511 to €34,223
- Trade debts +€10,876
up €10,876 (+228.1%), from €4,769 to €15,646
- Other debts +€10,176
up €10,176 (+1197.2%), from €850 to €11,026
- Gross operating margin -€32,197
down €32,197 (-33.3%), from €96,654 to €64,457
- Depreciation +€19,235
up €19,235 (+104.9%), from €18,336 to €37,571
- Taxes -€10,430
down €10,430 (-53.1%), from €19,626 to €9,197
- Financial income -€1,318
down €1,318 (-74.9%), from €1,760 to €442
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 | €510,095 | €509,054 | -€1,041 | -0.2% |
| Fixed assets | 21/28 | €343,493 | €334,188 | -€9,305 | -2.7% |
| Tangible fixed assets | 22/27 | €343,493 | €334,188 | -€9,305 | -2.7% |
| Land and buildings | 22 | €318,702 | €309,021 | -€9,681 | -3.0% |
| Furniture and vehicles | 24 | €24,791 | €25,167 | +€376 | +1.5% |
| Current assets | 29/58 | €166,601 | €174,866 | +€8,265 | +5.0% |
| Amounts receivable within one year | 40/41 | €49,511 | €431 | -€49,080 | -99.1% |
| Trade receivables | 40 | €49,511 | €430 | -€49,082 | -99.1% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €117,090 | €174,435 | +€57,345 | +49.0% |
| Total equity and liabilities | 10/49 | €510,095 | €509,054 | -€1,041 | -0.2% |
| Equity | 10/15 | €449,868 | €448,159 | -€1,709 | -0.4% |
| Contributions | 10/11 | €26,800 | €26,800 | = | 0.0% |
| Reserves | 13 | €197,228 | €195,519 | -€1,709 | -0.9% |
| Non-distributable reserves | 130/1 | €5,956 | €0 | -€5,956 | -100.0% |
| Reserves not available under the articles | 1311 | €5,956 | €0 | -€5,956 | -100.0% |
| Distributable reserves | 133 | €191,272 | €195,519 | +€4,247 | +2.2% |
| Profit (loss) carried forward | 14 | €225,840 | €225,840 | = | 0.0% |
| Amounts payable | 17/49 | €60,227 | €60,894 | +€668 | +1.1% |
| Amounts payable within one year | 42/48 | €60,130 | €60,894 | +€765 | +1.3% |
| Trade debts | 44 | €4,769 | €15,646 | +€10,876 | +228.1% |
| Suppliers | 440/4 | €4,769 | €15,646 | +€10,876 | +228.1% |
| Taxes, remuneration and social security | 45 | €54,511 | €34,223 | -€20,288 | -37.2% |
| Taxes | 450/3 | €54,511 | €34,223 | -€20,288 | -37.2% |
| Other amounts payable | 47/48 | €850 | €11,026 | +€10,176 | +1197.2% |
| Accrued charges and deferred income | 492/3 | €97 | €0 | -€97 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,336 | €37,571 | +€19,235 | +104.9% |
| Other operating charges | 640/8 | €7,979 | €8,329 | +€350 | +4.4% |
| Gross operating margin | 9900 | €96,654 | €64,457 | -€32,197 | -33.3% |
| Operating profit (loss) | 9901 | €70,340 | €18,557 | -€51,783 | -73.6% |
| Financial income | 75/76B | €1,760 | €442 | -€1,318 | -74.9% |
| Recurring financial income | 75 | €1,760 | €442 | -€1,318 | -74.9% |
| Financial charges | 65/66B | €317 | €389 | +€73 | +22.9% |
| Recurring financial charges | 65 | €317 | €389 | +€73 | +22.9% |
| Profit (loss) for the period before taxes | 9903 | €71,783 | €18,610 | -€53,173 | -74.1% |
| Income taxes | 67/77 | €19,626 | €9,197 | -€10,430 | -53.1% |
| Profit (loss) for the period | 9904 | €52,157 | €9,413 | -€42,743 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,157 | €9,413 | -€42,743 | -82.0% |
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 5 October 2026 via checked.be.