LG MAXFAC BV: 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.
LG MAXFAC BV
Largest movements
- Cash -€524,972
down €524,972 (-91.1%), from €576,402 to €51,430
mainly Contributions, distributions and other (-€500,000) and Other debts (-€404,407)
- Tangible fixed assets -€28,378
down €28,378 (-14.1%), from €201,643 to €173,265
of which Furniture and vehicles: -€34,604
- Deferred charges and accrued income +€20,402
up €20,402 (+443.7%), from €4,598 to €25,000
- Other debts -€404,407
down €404,407 (-39.8%), from €1.0m to €611,839
- Tax, wage and social debts -€251,648
no longer reported in 2025 (was €251,648)
- Accrued charges and deferred income +€100,000
new in 2025: €100,000
- Reserves +€22,740
new in 2025: €22,740
- Gross operating margin +€114,277
up €114,277 (+17.8%), from €643,758 to €758,035
- Financial income -€30,446
no longer reported in 2025 (was €30,446)
- Staff costs +€19,037
new in 2025: €19,037
- Taxes +€18,894
up €18,894 (+12.4%), from €152,959 to €171,853
- Depreciation +€15,626
up €15,626 (+58.4%), from €26,760 to €42,386
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 | €1,274,500 | €739,579 | -€534,921 | -42.0% |
| Fixed assets | 21/28 | €201,643 | €173,265 | -€28,378 | -14.1% |
| Tangible fixed assets | 22/27 | €201,643 | €173,265 | -€28,378 | -14.1% |
| Plant, machinery and equipment | 23 | €2,430 | €675 | -€1,755 | -72.2% |
| Furniture and vehicles | 24 | €144,734 | €110,130 | -€34,604 | -23.9% |
| Other tangible fixed assets | 26 | €54,480 | €62,461 | +€7,981 | +14.6% |
| Current assets | 29/58 | €1,072,856 | €566,314 | -€506,543 | -47.2% |
| Amounts receivable within one year | 40/41 | €491,856 | €489,883 | -€1,972 | -0.4% |
| Trade receivables | 40 | €490,000 | €485,247 | -€4,753 | -1.0% |
| Other amounts receivable | 41 | €1,856 | €4,637 | +€2,781 | +149.9% |
| Cash at bank and in hand | 54/58 | €576,402 | €51,430 | -€524,972 | -91.1% |
| Deferred charges and accrued income | 490/1 | €4,598 | €25,000 | +€20,402 | +443.7% |
| Total equity and liabilities | 10/49 | €1,274,500 | €739,579 | -€534,921 | -42.0% |
| Equity | 10/15 | €5,000 | €27,740 | +€22,740 | +454.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €22,740 | +€22,740 | |
| Distributable reserves | 133 | - | €22,740 | +€22,740 | |
| Amounts payable | 17/49 | €1,269,500 | €711,839 | -€557,661 | -43.9% |
| Amounts payable within one year | 42/48 | €1,269,500 | €611,839 | -€657,661 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €1,606 | - | -€1,606 | |
| Taxes, remuneration and social security | 45 | €251,648 | - | -€251,648 | |
| Taxes | 450/3 | €251,648 | - | -€251,648 | |
| Other amounts payable | 47/48 | €1,016,245 | €611,839 | -€404,407 | -39.8% |
| Accrued charges and deferred income | 492/3 | - | €100,000 | +€100,000 | |
| Remuneration, social security and pensions | 62 | - | €19,037 | +€19,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,760 | €42,386 | +€15,626 | +58.4% |
| Other operating charges | 640/8 | €2,544 | €1,948 | -€596 | -23.4% |
| Gross operating margin | 9900 | €643,758 | €758,035 | +€114,277 | +17.8% |
| Operating profit (loss) | 9901 | €614,454 | €694,664 | +€80,211 | +13.1% |
| Financial income | 75/76B | €30,446 | - | -€30,446 | |
| Recurring financial income | 75 | €30,446 | - | -€30,446 | |
| Financial charges | 65/66B | €192 | €71 | -€121 | -62.8% |
| Recurring financial charges | 65 | €192 | €71 | -€121 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €644,707 | €694,593 | +€49,885 | +7.7% |
| Income taxes | 67/77 | €152,959 | €171,853 | +€18,894 | +12.4% |
| Profit (loss) for the period | 9904 | €491,749 | €522,740 | +€30,991 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €491,749 | €522,740 | +€30,991 | +6.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.