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MULTOPOWER: what changed

What changed

MULTOPOWER

BE 1003.211.414
NACE 35.110, Production of electricity from non-renewable sources
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€1,795
2024 · -€2,074+€280
Equity
€46,131
2024 · €47,926-€1,795
Cash
€21,689
2024 · €48,541-€26,852
Balance sheet total
€298,322
2024 · €228,006+€70,315

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€72,110

    up €72,110 (+40.3%), from €179,140 to €251,250

  • Cash -€26,852

    down €26,852 (-55.3%), from €48,541 to €21,689

    mainly Investment in fixed assets (net) (-€72,110) and Receivables within one year (-€25,057)

  • Receivables within one year +€25,057

    up €25,057 (+7,709%), from €325 to €25,382

Equity and liabilities
  • Other debts +€72,110

    up €72,110 (+40.3%), from €179,140 to €251,250

Income statement
  • Other operating charges -€387

    no longer reported in 2025 (was €387)

  • Gross operating margin -€109

    down €109 (-6.6%), from -€1,653 to -€1,762

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 -€2,074
Gross operating margin -€109
Other operating charges +€387
Financial income +€8
Financial charges -€7
Result 2025 -€1,795
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€45,258
Investment -€72,110
Financing €0
Cash 2024 €48,541
Net result for the year -€1,795
Receivables within one year -€25,057
Other debts +€72,110
Investment in fixed assets (net) -€72,110
Cash 2025 €21,689
brings cash intakes cash out
Every line side by side 27 lines
Line Code 2024 2025 Change %
Total assets 20/58 €228,006 €298,322 +€70,315 +30.8%
Fixed assets 21/28 €179,140 €251,250 +€72,110 +40.3%
Tangible fixed assets 22/27 €179,140 €251,250 +€72,110 +40.3%
Land and buildings 22 €179,140 €251,250 +€72,110 +40.3%
Current assets 29/58 €48,866 €47,072 -€1,795 -3.7%
Amounts receivable within one year 40/41 €325 €25,382 +€25,057 +7,709%
Other amounts receivable 41 €325 €25,382 +€25,057 +7,709%
Cash at bank and in hand 54/58 €48,541 €21,689 -€26,852 -55.3%
Total equity and liabilities 10/49 €228,006 €298,322 +€70,315 +30.8%
Equity 10/15 €47,926 €46,131 -€1,795 -3.7%
Contributions 10/11 €50,000 €50,000 = 0.0%
Profit (loss) carried forward 14 -€2,074 -€3,869 -€1,795 -86.5%
Amounts payable 17/49 €180,081 €252,191 +€72,110 +40.0%
Amounts payable within one year 42/48 €180,081 €252,191 +€72,110 +40.0%
Trade debts 44 €941 €941 = 0.0%
Suppliers 440/4 €941 €941 = 0.0%
Other amounts payable 47/48 €179,140 €251,250 +€72,110 +40.3%
Other operating charges 640/8 €387 - -€387
Gross operating margin 9900 -€1,653 -€1,762 -€109 -6.6%
Operating profit (loss) 9901 -€2,041 -€1,762 +€279 +13.7%
Financial income 75/76B - €8 +€8
Recurring financial income 75 - €8 +€8
Financial charges 65/66B €34 €40 +€7 +19.7%
Recurring financial charges 65 €34 €40 +€7 +19.7%
Profit (loss) for the period before taxes 9903 -€2,074 -€1,795 +€280 +13.5%
Profit (loss) for the period 9904 -€2,074 -€1,795 +€280 +13.5%
Profit (loss) for the period to be appropriated 9905 -€2,074 -€1,795 +€280 +13.5%
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 4 November 2026 via checked.be.