DB-MAXFAC: what changed
Two fiscal 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.
DB-MAXFAC
Largest movements
- Cash +€237,380
up €237,380 (+79.7%), from €297,975 to €535,355
mainly Other debts (+€716,657) and Net result for the year (+€326,925)
- Deferred charges and accrued income +€87,182
up €87,182 (+96.7%), from €90,179 to €177,361
- Tangible fixed assets +€44,715
up €44,715 (+2440.9%), from €1,832 to €46,547
of which Furniture and vehicles: +€38,918
- Other debts +€716,657
up €716,657 (+6767.9%), from €10,589 to €727,246
- Profit (loss) carried forward -€282,542
down €282,542 (-100.0%), from €282,542 to €0
- Reserves -€107,037
down €107,037 (-79.9%), from €133,962 to €26,925
- Tax, wage and social debts +€40,764
up €40,764 (+71.4%), from €57,086 to €97,849
- Gross operating margin +€248,472
up €248,472 (+126.4%), from €196,534 to €445,006
- Taxes +€63,979
up €63,979 (+131.7%), from €48,575 to €112,554
- Depreciation +€6,104
up €6,104 (+664.3%), from €919 to €7,022
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.
Cash bridge derived
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 | €491,038 | €863,315 | +€372,277 | +75.8% |
| Fixed assets | 21/28 | €1,832 | €46,547 | +€44,715 | +2440.9% |
| Tangible fixed assets | 22/27 | €1,832 | €46,547 | +€44,715 | +2440.9% |
| Plant, machinery and equipment | 23 | €953 | €6,749 | +€5,797 | +608.5% |
| Furniture and vehicles | 24 | €879 | €39,797 | +€38,918 | +4426.0% |
| Current assets | 29/58 | €489,206 | €816,768 | +€327,562 | +67.0% |
| Amounts receivable after more than one year | 29 | €101,052 | €104,052 | +€3,000 | +3.0% |
| Trade receivables | 290 | €101,052 | €104,052 | +€3,000 | +3.0% |
| Cash at bank and in hand | 54/58 | €297,975 | €535,355 | +€237,380 | +79.7% |
| Deferred charges and accrued income | 490/1 | €90,179 | €177,361 | +€87,182 | +96.7% |
| Total equity and liabilities | 10/49 | €491,038 | €863,315 | +€372,277 | +75.8% |
| Equity | 10/15 | €418,504 | €28,925 | -€389,579 | -93.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €133,962 | €26,925 | -€107,037 | -79.9% |
| Distributable reserves | 133 | €133,962 | €26,925 | -€107,037 | -79.9% |
| Profit (loss) carried forward | 14 | €282,542 | €0 | -€282,542 | -100.0% |
| Amounts payable | 17/49 | €72,534 | €834,390 | +€761,856 | +1050.3% |
| Amounts payable within one year | 42/48 | €72,534 | €832,842 | +€760,309 | +1048.2% |
| Financial debts | 43 | €13 | €106 | +€93 | +702.0% |
| Credit institutions | 430/8 | €13 | €106 | +€93 | +702.0% |
| Trade debts | 44 | €4,846 | €7,641 | +€2,795 | +57.7% |
| Suppliers | 440/4 | €4,846 | €7,641 | +€2,795 | +57.7% |
| Taxes, remuneration and social security | 45 | €57,086 | €97,849 | +€40,764 | +71.4% |
| Taxes | 450/3 | €57,086 | €97,849 | +€40,764 | +71.4% |
| Other amounts payable | 47/48 | €10,589 | €727,246 | +€716,657 | +6767.9% |
| Accrued charges and deferred income | 492/3 | - | €1,547 | +€1,547 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €919 | €7,022 | +€6,104 | +664.3% |
| Other operating charges | 640/8 | €809 | €1,234 | +€425 | +52.5% |
| Gross operating margin | 9900 | €196,534 | €445,006 | +€248,472 | +126.4% |
| Operating profit (loss) | 9901 | €194,806 | €436,750 | +€241,944 | +124.2% |
| Financial income | 75/76B | €4,052 | €3,009 | -€1,043 | -25.7% |
| Recurring financial income | 75 | €4,052 | €3,009 | -€1,043 | -25.7% |
| Financial charges | 65/66B | €60 | €280 | +€220 | +364.2% |
| Recurring financial charges | 65 | €60 | €280 | +€220 | +364.2% |
| Profit (loss) for the period before taxes | 9903 | €198,798 | €439,479 | +€240,681 | +121.1% |
| Income taxes | 67/77 | €48,575 | €112,554 | +€63,979 | +131.7% |
| Profit (loss) for the period | 9904 | €150,223 | €326,925 | +€176,703 | +117.6% |
| Profit (loss) for the period to be appropriated | 9905 | €150,223 | €326,925 | +€176,703 | +117.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.