R.M.H. MULTICONSTRUCT: 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.
R.M.H. MULTICONSTRUCT
Largest movements
- Receivables within one year -€42,602
down €42,602 (-44.6%), from €95,596 to €52,995
of which Trade receivables: -€48,821
- Tangible fixed assets +€22,723
up €22,723 (+80.5%), from €28,226 to €50,949
- Cash +€13,034
up €13,034 (+16.5%), from €78,955 to €91,989
mainly Receivables within one year (+€42,602) and Other debts (+€29,601)
- Trade debts -€41,393
down €41,393 (-98.9%), from €41,862 to €470
of which Suppliers: -€24,650
- Other debts +€29,601
new in 2025: €29,601
- Profit (loss) carried forward +€16,040
up €16,040 (+15.3%), from €104,974 to €121,014
- Contributions -€12,400
no longer reported in 2025 (was €12,400)
- Tax, wage and social debts +€4,773
up €4,773 (+47.4%), from €10,074 to €14,848
- Purchases and services -€55,787
down €55,787 (-19.9%), from €280,222 to €224,436
- Gross operating margin +€45,918
up €45,918 (+134%), from €34,278 to €80,196
- Write-downs +€44,084
new in 2025: €44,084
- Turnover -€10,625
down €10,625 (-3.4%), from €314,500 to €303,875
- Depreciation +€10,480
up €10,480 (+2,191%), from €478 to €10,959
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 | €202,778 | €195,932 | -€6,845 | -3.4% |
| Fixed assets | 21/28 | €28,226 | €50,949 | +€22,723 | +80.5% |
| Tangible fixed assets | 22/27 | €28,226 | €50,949 | +€22,723 | +80.5% |
| Furniture and vehicles | 24 | €28,226 | €50,949 | +€22,723 | +80.5% |
| Current assets | 29/58 | €174,552 | €144,984 | -€29,568 | -16.9% |
| Amounts receivable within one year | 40/41 | €95,596 | €52,995 | -€42,602 | -44.6% |
| Trade receivables | 40 | €80,548 | €31,727 | -€48,821 | -60.6% |
| Other amounts receivable | 41 | €15,048 | €21,267 | +€6,220 | +41.3% |
| Cash at bank and in hand | 54/58 | €78,955 | €91,989 | +€13,034 | +16.5% |
| Total equity and liabilities | 10/49 | €202,778 | €195,932 | -€6,845 | -3.4% |
| Equity | 10/15 | €149,234 | €151,014 | +€1,780 | +1.2% |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €31,860 | €30,000 | -€1,860 | -5.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,974 | €121,014 | +€16,040 | +15.3% |
| Amounts payable | 17/49 | €53,544 | €44,918 | -€8,626 | -16.1% |
| Amounts payable within one year | 42/48 | €53,544 | €44,918 | -€8,626 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €1,607 | - | -€1,607 | |
| Trade debts | 44 | €41,862 | €470 | -€41,393 | -98.9% |
| Suppliers | 440/4 | €25,119 | €470 | -€24,650 | -98.1% |
| Bills of exchange payable | 441 | €16,743 | - | -€16,743 | |
| Taxes, remuneration and social security | 45 | €10,074 | €14,848 | +€4,773 | +47.4% |
| Taxes | 450/3 | €10,074 | €14,848 | +€4,773 | +47.4% |
| Other amounts payable | 47/48 | - | €29,601 | +€29,601 | |
| Turnover | 70 | €314,500 | €303,875 | -€10,625 | -3.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €280,222 | €224,436 | -€55,787 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €478 | €10,959 | +€10,480 | +2,191% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €44,084 | +€44,084 | |
| Other operating charges | 640/8 | €513 | €3,011 | +€2,498 | +487% |
| Gross operating margin | 9900 | €34,278 | €80,196 | +€45,918 | +134% |
| Operating profit (loss) | 9901 | €33,287 | €22,143 | -€11,145 | -33.5% |
| Financial charges | 65/66B | €792 | €408 | -€384 | -48.5% |
| Recurring financial charges | 65 | €792 | €408 | -€384 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €32,495 | €21,735 | -€10,761 | -33.1% |
| Income taxes | 67/77 | €7,184 | €5,694 | -€1,490 | -20.7% |
| Profit (loss) for the period | 9904 | €25,311 | €16,040 | -€9,271 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,311 | €16,040 | -€9,271 | -36.6% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.