Multypro: 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.
Multypro
Largest movements
- Stocks and contracts +€23,725
up €23,725 (+115.9%), from €20,468 to €44,192
- Receivables within one year -€22,531
down €22,531 (-25.3%), from €89,194 to €66,663
of which Trade receivables: -€14,260
- Cash +€5,032
up €5,032 (+15.4%), from €32,708 to €37,741
mainly Receivables within one year (+€22,531) and Trade debts (+€8,615)
- Deferred charges and accrued income +€2,451
up €2,451 (+72.2%), from €3,393 to €5,844
- Tax, wage and social debts -€11,722
down €11,722 (-49.5%), from €23,665 to €11,943
- Trade debts +€8,615
up €8,615 (+87.5%), from €9,846 to €18,461
- Debts after one year +€4,598
new in 2025: €4,598
- Reserves +€4,165
up €4,165 (+5.6%), from €74,602 to €78,767
- Current portion of long-term debt +€3,536
new in 2025: €3,536
- Gross operating margin -€42,160
down €42,160 (-78.6%), from €53,626 to €11,466
- Taxes -€7,263
down €7,263 (-72.3%), from €10,053 to €2,790
- Depreciation +€1,058
up €1,058 (+42.3%), from €2,502 to €3,560
- Other operating charges -€832
down €832 (-87.5%), from €951 to €118
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 | €154,459 | €163,650 | +€9,191 | +6.0% |
| Fixed assets | 21/28 | €8,696 | €9,210 | +€515 | +5.9% |
| Intangible fixed assets | 21 | €6 | €0 | -€6 | -100.0% |
| Tangible fixed assets | 22/27 | €7,939 | €8,460 | +€521 | +6.6% |
| Plant, machinery and equipment | 23 | €1,863 | €3,524 | +€1,661 | +89.1% |
| Furniture and vehicles | 24 | €6,076 | €4,936 | -€1,140 | -18.8% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €145,763 | €154,440 | +€8,676 | +6.0% |
| Stocks and contracts in progress | 3 | €20,468 | €44,192 | +€23,725 | +115.9% |
| Stocks | 30/36 | €20,468 | €44,192 | +€23,725 | +115.9% |
| Amounts receivable within one year | 40/41 | €89,194 | €66,663 | -€22,531 | -25.3% |
| Trade receivables | 40 | €66,141 | €51,881 | -€14,260 | -21.6% |
| Other amounts receivable | 41 | €23,054 | €14,783 | -€8,271 | -35.9% |
| Cash at bank and in hand | 54/58 | €32,708 | €37,741 | +€5,032 | +15.4% |
| Deferred charges and accrued income | 490/1 | €3,393 | €5,844 | +€2,451 | +72.2% |
| Total equity and liabilities | 10/49 | €154,459 | €163,650 | +€9,191 | +6.0% |
| Equity | 10/15 | €120,948 | €125,112 | +€4,165 | +3.4% |
| Contributions | 10/11 | €46,345 | €46,345 | = | 0.0% |
| Reserves | 13 | €74,602 | €78,767 | +€4,165 | +5.6% |
| Distributable reserves | 133 | €74,602 | €78,767 | +€4,165 | +5.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €33,511 | €38,538 | +€5,027 | +15.0% |
| Amounts payable after more than one year | 17 | - | €4,598 | +€4,598 | |
| Financial debts | 170/4 | - | €4,598 | +€4,598 | |
| Amounts payable within one year | 42/48 | €33,511 | €33,940 | +€429 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | - | €3,536 | +€3,536 | |
| Trade debts | 44 | €9,846 | €18,461 | +€8,615 | +87.5% |
| Suppliers | 440/4 | €9,846 | €18,461 | +€8,615 | +87.5% |
| Taxes, remuneration and social security | 45 | €23,665 | €11,943 | -€11,722 | -49.5% |
| Taxes | 450/3 | €23,665 | €11,943 | -€11,722 | -49.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,502 | €3,560 | +€1,058 | +42.3% |
| Other operating charges | 640/8 | €951 | €118 | -€832 | -87.5% |
| Gross operating margin | 9900 | €53,626 | €11,466 | -€42,160 | -78.6% |
| Operating profit (loss) | 9901 | €50,173 | €7,788 | -€42,385 | -84.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €732 | €834 | +€101 | +13.8% |
| Recurring financial charges | 65 | €732 | €834 | +€101 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €49,440 | €6,954 | -€42,486 | -85.9% |
| Income taxes | 67/77 | €10,053 | €2,790 | -€7,263 | -72.3% |
| Profit (loss) for the period | 9904 | €39,387 | €4,165 | -€35,223 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,387 | €4,165 | -€35,223 | -89.4% |
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.