MULTYMAT: 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
MULTYMAT
NACE 47.521, Retail sale of hardware, building materials, paint and glass (general range)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€398,314
2024 · €340,473+€57,841
Equity
€5.3m
2024 · €4.9m+€398,314
Cash
€101,513
2024 · €105,516-€4,003
Balance sheet total
€6.2m
2024 · €5.7m+€508,892
Largest movements
Assets
- Stocks and contracts +€326,425
up €326,425 (+11.9%), from €2.7m to €3.1m
- Receivables within one year +€283,442
up €283,442 (+12.3%), from €2.3m to €2.6m
of which Other amounts receivable: +€329,266
- Tangible fixed assets -€86,717
down €86,717 (-17.1%), from €506,594 to €419,877
of which Plant, machinery and equipment: -€63,375
Equity and liabilities
- Profit (loss) carried forward +€398,314
up €398,314 (+75.4%), from €528,433 to €926,747
- Trade debts +€72,146
up €72,146 (+12.2%), from €590,577 to €662,723
Income statement
- Turnover -€11.0m
no longer reported in 2025 (was €11.0m)
- Goods and materials -€7.1m
no longer reported in 2025 (was €7.1m)
of which Purchases: -€7.1m
- Services and other goods -€2.5m
no longer reported in 2025 (was €2.5m)
- Gross operating margin +€1.5m
new in 2025: €1.5m
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.
Result 2024
€340,473
Turnover
-€11.0m
Other operating income
-€57,793
Goods and materials
+€7.1m
Services and other goods
+€2.5m
Staff costs
+€90,435
Depreciation
+€217
Write-downs
+€39,545
Other operating charges
+€17,417
Other operating items
+€1.5m
Financial income
-€14,263
Financial charges
-€755
Taxes
-€19,554
Result 2025
€398,314
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.
From operations
+€46,935
Investment
-€84,962
Financing
+€34,025
Cash 2024
€105,516
From operations (derived)
+€46,935
Net result for the year
+€398,314
Depreciation
+€171,680
Stocks and contracts
-€326,425
Receivables within one year
-€283,442
Deferred charges and accrued income
+€10,254
Trade debts
+€72,146
Tax, wage and social debts
+€11,107
Advances received
-€8,183
Other debts
-€250
Accrued charges and deferred income
+€1,733
Investment (derived)
-€84,962
Investment in fixed assets (net)
-€84,962
Financing
+€34,025
Debts after one year
+€22,026
Current portion of long-term debt
+€11,999
Cash 2025
€101,513
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,684,627 | €6,193,519 | +€508,892 | +9.0% |
| Fixed assets | 21/28 | €506,594 | €419,877 | -€86,717 | -17.1% |
| Tangible fixed assets | 22/27 | €506,594 | €419,877 | -€86,717 | -17.1% |
| Plant, machinery and equipment | 23 | €177,394 | €114,019 | -€63,375 | -35.7% |
| Furniture and vehicles | 24 | €83,142 | €43,672 | -€39,470 | -47.5% |
| Leasing and similar rights | 25 | - | €35,482 | +€35,482 | |
| Other tangible fixed assets | 26 | €246,058 | €226,704 | -€19,354 | -7.9% |
| Current assets | 29/58 | €5,178,032 | €5,773,642 | +€595,609 | +11.5% |
| Stocks and contracts in progress | 3 | €2,746,383 | €3,072,808 | +€326,425 | +11.9% |
| Stocks | 30/36 | €2,746,383 | €3,072,808 | +€326,425 | +11.9% |
| Goods purchased for resale | 34 | €2,746,383 | - | -€2.7m | |
| Amounts receivable within one year | 40/41 | €2,307,302 | €2,590,743 | +€283,442 | +12.3% |
| Trade receivables | 40 | €161,059 | €115,235 | -€45,824 | -28.5% |
| Other amounts receivable | 41 | €2,146,243 | €2,475,509 | +€329,266 | +15.3% |
| Cash at bank and in hand | 54/58 | €105,516 | €101,513 | -€4,003 | -3.8% |
| Deferred charges and accrued income | 490/1 | €18,832 | €8,577 | -€10,254 | -54.5% |
| Total equity and liabilities | 10/49 | €5,684,627 | €6,193,519 | +€508,892 | +9.0% |
| Equity | 10/15 | €4,877,868 | €5,276,181 | +€398,314 | +8.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €4,287,934 | €4,287,934 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €52,812 | €52,812 | = | 0.0% |
| Distributable reserves | 133 | €4,228,972 | €4,228,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €528,433 | €926,747 | +€398,314 | +75.4% |
| Amounts payable | 17/49 | €806,759 | €917,337 | +€110,578 | +13.7% |
| Amounts payable after more than one year | 17 | - | €22,026 | +€22,026 | |
| Financial debts | 170/4 | - | €22,026 | +€22,026 | |
| Amounts payable within one year | 42/48 | €769,296 | €856,115 | +€86,819 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,999 | +€11,999 | |
| Trade debts | 44 | €590,577 | €662,723 | +€72,146 | +12.2% |
| Suppliers | 440/4 | €590,577 | €662,723 | +€72,146 | +12.2% |
| Advances received on contracts in progress | 46 | €19,013 | €10,830 | -€8,183 | -43.0% |
| Taxes, remuneration and social security | 45 | €159,456 | €170,563 | +€11,107 | +7.0% |
| Taxes | 450/3 | €17,464 | €34,414 | +€16,951 | +97.1% |
| Remuneration and social security | 454/9 | €141,992 | €136,148 | -€5,844 | -4.1% |
| Other amounts payable | 47/48 | €250 | - | -€250 | |
| Accrued charges and deferred income | 492/3 | €37,463 | €39,197 | +€1,733 | +4.6% |
| Operating income | 70/76A | €11,078,269 | - | -€11.1m | |
| Turnover | 70 | €11,020,476 | - | -€11.0m | |
| Other operating income | 74 | €57,793 | - | -€57,793 | |
| Operating charges | 60/66A | €10,799,732 | - | -€10.8m | |
| Goods for resale, raw materials and consumables | 60 | €7,059,236 | - | -€7.1m | |
| Purchases | 600/8 | €7,119,647 | - | -€7.1m | |
| Change in stocks: decrease (increase) | 609 | -€60,411 | - | +€60,411 | |
| Services and other goods | 61 | €2,451,728 | - | -€2.5m | |
| Remuneration, social security and pensions | 62 | €1,031,192 | €940,756 | -€90,435 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,896 | €171,680 | -€217 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,881 | -€19,664 | -€39,545 | |
| Other operating charges | 640/8 | €65,799 | €48,382 | -€17,417 | -26.5% |
| Non-recurring operating charges | 66A | - | €1,067 | +€1,067 | |
| Gross operating margin | 9900 | - | €1,513,172 | +€1.5m | |
| Operating profit (loss) | 9901 | €278,537 | €370,951 | +€92,414 | +33.2% |
| Financial income | 75/76B | €197,099 | €182,836 | -€14,263 | -7.2% |
| Recurring financial income | 75 | €197,099 | €182,836 | -€14,263 | -7.2% |
| Income from current assets | 751 | €103,305 | - | -€103,305 | |
| Other financial income | 752/9 | €93,795 | - | -€93,795 | |
| Financial charges | 65/66B | €16,215 | €16,970 | +€755 | +4.7% |
| Recurring financial charges | 65 | €16,215 | €16,970 | +€755 | +4.7% |
| Other financial charges | 652/9 | €16,215 | - | -€16,215 | |
| Profit (loss) for the period before taxes | 9903 | €459,422 | €536,817 | +€77,395 | +16.8% |
| Income taxes | 67/77 | €118,949 | €138,503 | +€19,554 | +16.4% |
| Taxes | 670/3 | €118,949 | - | -€118,949 | |
| Profit (loss) for the period | 9904 | €340,473 | €398,314 | +€57,841 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €340,473 | €398,314 | +€57,841 | +17.0% |
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 30 September 2026 via checked.be.