MULTY - GAMES: 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.
MULTY - GAMES
Largest movements
- Receivables after one year +€380,730
up €380,730 (+104.3%), from €365,000 to €745,730
- Cash -€215,059
down €215,059 (-21.9%), from €982,384 to €767,325
mainly Receivables after one year (-€380,730) and Other debts (-€350,075)
- Tangible fixed assets +€120,803
up €120,803 (+20.8%), from €579,768 to €700,571
of which Plant, machinery and equipment: +€120,600
- Receivables within one year +€116,822
up €116,822 (+10.5%), from €1.1m to €1.2m
of which Trade receivables: +€258,477
- Reserves +€598,725
up €598,725 (+22.0%), from €2.7m to €3.3m
- Other debts -€350,075
down €350,075 (-94.6%), from €370,075 to €20,000
- Trade debts +€157,200
up €157,200 (+194.0%), from €81,046 to €238,245
- Write-downs -€276,462
down €276,462 (-76.3%), from €362,522 to €86,061
- Taxes +€232,477
up €232,477 (+85.6%), from €271,638 to €504,115
- Gross operating margin +€87,099
up €87,099 (+3.3%), from €2.6m to €2.7m
- Financial charges +€34,470
up €34,470 (+1582.7%), from €2,178 to €36,648
of which Non-recurring financial charges: +€34,560
- Other operating charges +€32,437
up €32,437 (+4.1%), from €781,736 to €814,172
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 | €4,865,979 | €5,244,707 | +€378,727 | +7.8% |
| Fixed assets | 21/28 | €853,180 | €963,802 | +€110,622 | +13.0% |
| Intangible fixed assets | 21 | €154,111 | €166,490 | +€12,379 | +8.0% |
| Tangible fixed assets | 22/27 | €579,768 | €700,571 | +€120,803 | +20.8% |
| Land and buildings | 22 | €152,264 | €148,081 | -€4,184 | -2.7% |
| Plant, machinery and equipment | 23 | €258,494 | €379,094 | +€120,600 | +46.7% |
| Furniture and vehicles | 24 | €130,190 | €125,384 | -€4,806 | -3.7% |
| Other tangible fixed assets | 26 | €38,820 | €48,012 | +€9,192 | +23.7% |
| Financial fixed assets | 28 | €119,301 | €96,741 | -€22,560 | -18.9% |
| Current assets | 29/58 | €4,012,799 | €4,280,904 | +€268,105 | +6.7% |
| Amounts receivable after more than one year | 29 | €365,000 | €745,730 | +€380,730 | +104.3% |
| Other amounts receivable | 291 | €365,000 | €745,730 | +€380,730 | +104.3% |
| Amounts receivable within one year | 40/41 | €1,115,680 | €1,232,502 | +€116,822 | +10.5% |
| Trade receivables | 40 | €261,888 | €520,365 | +€258,477 | +98.7% |
| Other amounts receivable | 41 | €853,792 | €712,137 | -€141,655 | -16.6% |
| Current investments | 50/53 | €402,627 | €402,627 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €982,384 | €767,325 | -€215,059 | -21.9% |
| Deferred charges and accrued income | 490/1 | €1,147,109 | €1,132,721 | -€14,388 | -1.3% |
| Total equity and liabilities | 10/49 | €4,865,979 | €5,244,707 | +€378,727 | +7.8% |
| Equity | 10/15 | €4,034,208 | €4,632,933 | +€598,725 | +14.8% |
| Contributions | 10/11 | €1,310,550 | €1,310,550 | = | 0.0% |
| Reserves | 13 | €2,723,658 | €3,322,383 | +€598,725 | +22.0% |
| Distributable reserves | 133 | €2,723,658 | €3,322,383 | +€598,725 | +22.0% |
| Provisions and deferred taxes | 16 | €218,008 | €218,008 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €218,008 | €218,008 | = | 0.0% |
| Environmental obligations | 163 | €218,008 | €218,008 | = | 0.0% |
| Amounts payable | 17/49 | €613,764 | €393,766 | -€219,998 | -35.8% |
| Amounts payable within one year | 42/48 | €594,134 | €376,252 | -€217,882 | -36.7% |
| Trade debts | 44 | €81,046 | €238,245 | +€157,200 | +194.0% |
| Suppliers | 440/4 | €81,046 | €238,245 | +€157,200 | +194.0% |
| Taxes, remuneration and social security | 45 | €143,013 | €118,007 | -€25,006 | -17.5% |
| Taxes | 450/3 | €108,787 | €98,127 | -€10,660 | -9.8% |
| Remuneration and social security | 454/9 | €34,226 | €19,880 | -€14,346 | -41.9% |
| Other amounts payable | 47/48 | €370,075 | €20,000 | -€350,075 | -94.6% |
| Accrued charges and deferred income | 492/3 | €19,630 | €17,514 | -€2,116 | -10.8% |
| Remuneration, social security and pensions | 62 | €498,975 | €502,241 | +€3,266 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,863 | €205,843 | +€19,980 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €362,522 | €86,061 | -€276,462 | -76.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,606 | - | +€4,606 | |
| Other operating charges | 640/8 | €781,736 | €814,172 | +€32,437 | +4.1% |
| Non-recurring operating charges | 66A | €959 | €11,833 | +€10,875 | +1134.5% |
| Gross operating margin | 9900 | €2,638,251 | €2,725,350 | +€87,099 | +3.3% |
| Operating profit (loss) | 9901 | €812,803 | €1,105,200 | +€292,397 | +36.0% |
| Financial income | 75/76B | €45,061 | €34,288 | -€10,772 | -23.9% |
| Recurring financial income | 75 | €33,207 | €34,288 | +€1,081 | +3.3% |
| Non-recurring financial income | 76B | €11,853 | - | -€11,853 | |
| Financial charges | 65/66B | €2,178 | €36,648 | +€34,470 | +1582.7% |
| Recurring financial charges | 65 | €2,178 | €2,088 | -€90 | -4.1% |
| Non-recurring financial charges | 66B | - | €34,560 | +€34,560 | |
| Profit (loss) for the period before taxes | 9903 | €855,686 | €1,102,840 | +€247,154 | +28.9% |
| Income taxes | 67/77 | €271,638 | €504,115 | +€232,477 | +85.6% |
| Profit (loss) for the period | 9904 | €584,048 | €598,725 | +€14,678 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €584,048 | €598,725 | +€14,678 | +2.5% |
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 6 October 2026 via checked.be.