MULTI-SERVICES: what changed
MULTI-SERVICES
Largest movements
- Receivables after one year -€5,641
down €5,641 (-8.3%), from €68,141 to €62,500
- Cash +€5,041
up €5,041 (+163%), from €3,097 to €8,138
mainly Net result for the year (+€21,368) and Receivables after one year (+€5,641)
- Tangible fixed assets -€2,161
down €2,161 (-4.7%), from €45,661 to €43,500
of which Land and buildings: -€1,844
- Tax, wage and social debts -€24,000
down €24,000 (-18.2%), from €132,082 to €108,082
- Profit (loss) carried forward +€21,368
up €21,368 (+17.0%), from -€125,683 to -€104,315
- Gross operating margin +€19,007
up €19,007 (+519%), from €3,663 to €22,670
- Financial charges -€5,258
down €5,258 (-84.0%), from €6,260 to €1,002
of which Non-recurring financial charges: -€5,250
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,699 | €115,081 | -€2,618 | -2.2% |
| Fixed assets | 21/28 | €45,661 | €43,500 | -€2,161 | -4.7% |
| Tangible fixed assets | 22/27 | €45,661 | €43,500 | -€2,161 | -4.7% |
| Land and buildings | 22 | €45,344 | €43,500 | -€1,844 | -4.1% |
| Furniture and vehicles | 24 | €317 | - | -€317 | |
| Current assets | 29/58 | €72,039 | €71,581 | -€457 | -0.6% |
| Amounts receivable after more than one year | 29 | €68,141 | €62,500 | -€5,641 | -8.3% |
| Other amounts receivable | 291 | €68,141 | €62,500 | -€5,641 | -8.3% |
| Amounts receivable within one year | 40/41 | €800 | €943 | +€143 | +17.9% |
| Trade receivables | 40 | - | €143 | +€143 | |
| Other amounts receivable | 41 | €800 | €800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,097 | €8,138 | +€5,041 | +163% |
| Total equity and liabilities | 10/49 | €117,699 | €115,081 | -€2,618 | -2.2% |
| Equity | 10/15 | -€14,679 | €6,689 | +€21,368 | |
| Contributions | 10/11 | €80,254 | €80,254 | = | 0.0% |
| Contributions outside capital | 11 | €80,254 | €80,254 | = | 0.0% |
| Share premium | 1100/10 | €80,254 | - | -€80,254 | |
| Other | 1109/19 | - | €80,254 | +€80,254 | |
| Reserves | 13 | €30,750 | €30,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,750 | €10,750 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,683 | -€104,315 | +€21,368 | +17.0% |
| Amounts payable | 17/49 | €132,378 | €108,392 | -€23,986 | -18.1% |
| Amounts payable within one year | 42/48 | €132,378 | €108,392 | -€23,986 | -18.1% |
| Trade debts | 44 | €297 | €311 | +€14 | +4.7% |
| Suppliers | 440/4 | €297 | €311 | +€14 | +4.7% |
| Taxes, remuneration and social security | 45 | €132,082 | €108,082 | -€24,000 | -18.2% |
| Taxes | 450/3 | €132,082 | €108,082 | -€24,000 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,192 | €2,161 | -€31 | -1.4% |
| Other operating charges | 640/8 | €926 | €738 | -€187 | -20.2% |
| Gross operating margin | 9900 | €3,663 | €22,670 | +€19,007 | +519% |
| Operating profit (loss) | 9901 | €545 | €19,771 | +€19,226 | +3,528% |
| Financial income | 75/76B | €2,804 | €2,600 | -€204 | -7.3% |
| Recurring financial income | 75 | €2,804 | €2,600 | -€204 | -7.3% |
| Financial charges | 65/66B | €6,260 | €1,002 | -€5,258 | -84.0% |
| Recurring financial charges | 65 | €195 | €187 | -€8 | -4.2% |
| Non-recurring financial charges | 66B | €6,065 | €816 | -€5,250 | -86.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,912 | €21,368 | +€24,279 | |
| Profit (loss) for the period | 9904 | -€2,912 | €21,368 | +€24,279 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,912 | €21,368 | +€24,279 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.