NEW MULTIFOOD: 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.
NEW MULTIFOOD
Largest movements
- Receivables within one year +€27,907
up €27,907 (+4,462%), from €625 to €28,533
- Cash -€14,608
down €14,608 (-42.9%), from €34,038 to €19,429
mainly Receivables within one year (-€27,907) and Stocks and contracts (-€3,741)
- Stocks and contracts +€3,741
up €3,741 (+39.2%), from €9,544 to €13,284
- Trade debts +€14,535
up €14,535, from €0 to €14,535
- Reserves +€5,422
up €5,422 (+22.6%), from €23,949 to €29,371
of which Distributable reserves: +€5,422
- Tax, wage and social debts -€2,984
down €2,984 (-72.4%), from €4,124 to €1,140
of which Taxes: -€1,734
- Gross operating margin -€5,827
down €5,827 (-46.1%), from €12,633 to €6,806
- Taxes -€1,074
down €1,074 (-48.5%), from €2,214 to €1,140
- Financial income +€766
new in 2025: €766
- Other operating charges -€686
down €686 (-50.6%), from €1,355 to €670
- Depreciation -€141
down €141 (-68.0%), from €208 to €67
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.
Derived cash bridge
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 | €46,673 | €63,647 | +€16,973 | +36.4% |
| Fixed assets | 21/28 | €2,467 | €2,400 | -€67 | -2.7% |
| Tangible fixed assets | 22/27 | €67 | €0 | -€67 | -100% |
| Plant, machinery and equipment | 23 | €67 | €0 | -€67 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €44,207 | €61,247 | +€17,040 | +38.5% |
| Stocks and contracts in progress | 3 | €9,544 | €13,284 | +€3,741 | +39.2% |
| Stocks | 30/36 | €9,544 | €13,284 | +€3,741 | +39.2% |
| Amounts receivable within one year | 40/41 | €625 | €28,533 | +€27,907 | +4,462% |
| Other amounts receivable | 41 | €625 | €28,533 | +€27,907 | +4,462% |
| Cash at bank and in hand | 54/58 | €34,038 | €19,429 | -€14,608 | -42.9% |
| Total equity and liabilities | 10/49 | €46,673 | €63,647 | +€16,973 | +36.4% |
| Equity | 10/15 | €42,549 | €47,971 | +€5,422 | +12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,949 | €29,371 | +€5,422 | +22.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €22,089 | €27,511 | +€5,422 | +24.5% |
| Amounts payable | 17/49 | €4,124 | €15,675 | +€11,551 | +280% |
| Amounts payable within one year | 42/48 | €4,124 | €15,675 | +€11,551 | +280% |
| Trade debts | 44 | €0 | €14,535 | +€14,535 | |
| Suppliers | 440/4 | €0 | €14,535 | +€14,535 | |
| Taxes, remuneration and social security | 45 | €4,124 | €1,140 | -€2,984 | -72.4% |
| Taxes | 450/3 | €2,874 | €1,140 | -€1,734 | -60.3% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | €67 | -€141 | -68.0% |
| Other operating charges | 640/8 | €1,355 | €670 | -€686 | -50.6% |
| Gross operating margin | 9900 | €12,633 | €6,806 | -€5,827 | -46.1% |
| Operating profit (loss) | 9901 | €11,070 | €6,069 | -€5,000 | -45.2% |
| Financial income | 75/76B | - | €766 | +€766 | |
| Recurring financial income | 75 | - | €766 | +€766 | |
| Financial charges | 65/66B | €250 | €273 | +€24 | +9.4% |
| Recurring financial charges | 65 | €250 | €273 | +€24 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €10,820 | €6,562 | -€4,258 | -39.4% |
| Income taxes | 67/77 | €2,214 | €1,140 | -€1,074 | -48.5% |
| Profit (loss) for the period | 9904 | €8,606 | €5,422 | -€3,184 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,606 | €5,422 | -€3,184 | -37.0% |
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 17 October 2026 via checked.be.