Multi-Services CoBel: 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.
Multi-Services CoBel
Largest movements
- Receivables within one year +€32,030
up €32,030 (+51.5%), from €62,214 to €94,243
of which Trade receivables: +€36,973
- Cash -€20,513
down €20,513 (-89.7%), from €22,867 to €2,354
mainly Receivables within one year (-€32,030) and Investment in fixed assets (net) (-€556)
- Deferred charges and accrued income -€2,611
no longer reported in 2024 (was €2,611)
- Profit (loss) carried forward +€9,526
up €9,526 (+11.7%), from €81,537 to €91,063
- Gross operating margin +€48,809
up €48,809 (+559%), from €8,734 to €57,543
- Other operating charges +€5,079
up €5,079 (+497%), from €1,022 to €6,100
- Depreciation -€5,009
no longer reported in 2024 (was €5,009)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €100,201 | €109,663 | +€9,462 | +9.4% |
| Fixed assets | 21/28 | €12,510 | €13,066 | +€556 | +4.4% |
| Tangible fixed assets | 22/27 | €12,510 | €13,066 | +€556 | +4.4% |
| Furniture and vehicles | 24 | €12,510 | €13,066 | +€556 | +4.4% |
| Current assets | 29/58 | €87,692 | €96,597 | +€8,906 | +10.2% |
| Amounts receivable within one year | 40/41 | €62,214 | €94,243 | +€32,030 | +51.5% |
| Trade receivables | 40 | €27,826 | €64,798 | +€36,973 | +133% |
| Other amounts receivable | 41 | €34,388 | €29,445 | -€4,943 | -14.4% |
| Cash at bank and in hand | 54/58 | €22,867 | €2,354 | -€20,513 | -89.7% |
| Deferred charges and accrued income | 490/1 | €2,611 | - | -€2,611 | |
| Total equity and liabilities | 10/49 | €100,201 | €109,663 | +€9,462 | +9.4% |
| Equity | 10/15 | €100,137 | €109,663 | +€9,526 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | €81,537 | €91,063 | +€9,526 | +11.7% |
| Amounts payable | 17/49 | €64 | - | -€64 | |
| Amounts payable within one year | 42/48 | €64 | - | -€64 | |
| Trade debts | 44 | €64 | - | -€64 | |
| Suppliers | 440/4 | €64 | - | -€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,009 | - | -€5,009 | |
| Other operating charges | 640/8 | €1,022 | €6,100 | +€5,079 | +497% |
| Non-recurring operating charges | 66A | - | €41,190 | +€41,190 | |
| Gross operating margin | 9900 | €8,734 | €57,543 | +€48,809 | +559% |
| Operating profit (loss) | 9901 | €2,704 | €10,253 | +€7,549 | +279% |
| Financial charges | 65/66B | €195 | €727 | +€531 | +272% |
| Recurring financial charges | 65 | €195 | €727 | +€531 | +272% |
| Profit (loss) for the period before taxes | 9903 | €2,508 | €9,526 | +€7,018 | +280% |
| Profit (loss) for the period | 9904 | €2,508 | €9,526 | +€7,018 | +280% |
| Profit (loss) for the period to be appropriated | 9905 | €2,508 | €9,526 | +€7,018 | +280% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.