IMMO MAXCY: 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.
IMMO MAXCY
Largest movements
- Cash -€26,115
down €26,115 (-33.3%), from €78,510 to €52,396
mainly Debts after one year (-€14,413) and Net result for the year (-€13,141)
- Tangible fixed assets -€12,393
down €12,393 (-4.1%), from €298,829 to €286,436
of which Land and buildings: -€12,393
- Debts after one year -€14,413
down €14,413 (-8.9%), from €162,081 to €147,668
- Profit (loss) carried forward -€13,141
down €13,141 (-10.7%), from -€122,773 to -€135,914
- Other debts -€13,102
down €13,102 (-18.9%), from €69,193 to €56,091
- Gross operating margin -€16,068
down €16,068 (-74.2%), from €21,669 to €5,601
- Depreciation -€1,486
down €1,486 (-10.7%), from €13,879 to €12,393
- Financial charges -€507
down €507 (-18.0%), from €2,812 to €2,306
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.
Cash bridge derived
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 | €377,695 | €339,116 | -€38,580 | -10.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €298,829 | €286,436 | -€12,393 | -4.1% |
| Tangible fixed assets | 22/27 | €298,829 | €286,436 | -€12,393 | -4.1% |
| Land and buildings | 22 | €298,829 | €286,436 | -€12,393 | -4.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €78,866 | €52,680 | -€26,186 | -33.2% |
| Cash at bank and in hand | 54/58 | €78,510 | €52,396 | -€26,115 | -33.3% |
| Deferred charges and accrued income | 490/1 | €356 | €284 | -€72 | -20.2% |
| Total equity and liabilities | 10/49 | €377,695 | €339,116 | -€38,580 | -10.2% |
| Equity | 10/15 | €122,142 | €109,001 | -€13,141 | -10.8% |
| Contributions | 10/11 | €244,915 | €244,915 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,773 | -€135,914 | -€13,141 | -10.7% |
| Amounts payable | 17/49 | €255,553 | €230,115 | -€25,438 | -10.0% |
| Amounts payable after more than one year | 17 | €162,081 | €147,668 | -€14,413 | -8.9% |
| Financial debts | 170/4 | €162,081 | €147,668 | -€14,413 | -8.9% |
| Amounts payable within one year | 42/48 | €91,731 | €79,194 | -€12,537 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €13,848 | €14,413 | +€565 | +4.1% |
| Trade debts | 44 | €8,690 | €8,690 | = | 0.0% |
| Suppliers | 440/4 | €8,690 | €8,690 | = | 0.0% |
| Other amounts payable | 47/48 | €69,193 | €56,091 | -€13,102 | -18.9% |
| Accrued charges and deferred income | 492/3 | €1,741 | €3,253 | +€1,512 | +86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,879 | €12,393 | -€1,486 | -10.7% |
| Other operating charges | 640/8 | €3,921 | €4,044 | +€123 | +3.1% |
| Gross operating margin | 9900 | €21,669 | €5,601 | -€16,068 | -74.2% |
| Operating profit (loss) | 9901 | €3,869 | -€10,837 | -€14,706 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,812 | €2,306 | -€507 | -18.0% |
| Recurring financial charges | 65 | €2,812 | €2,306 | -€507 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €1,056 | -€13,141 | -€14,198 | |
| Profit (loss) for the period | 9904 | €1,056 | -€13,141 | -€14,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,056 | -€13,141 | -€14,198 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.