Maksolution: 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.
Maksolution
Largest movements
- Receivables within one year +€11,618
up €11,618 (+2774.7%), from €419 to €12,037
of which Trade receivables: +€9,845
- Tangible fixed assets -€1,993
down €1,993 (-25.7%), from €7,757 to €5,764
of which Furniture and vehicles: -€1,700
- Cash +€1,432
up €1,432 (+36.4%), from €3,937 to €5,369
mainly Other debts (+€10,950) and Depreciation (+€2,207)
- Other debts +€10,950
up €10,950 (+509.8%), from €2,148 to €13,098
- Trade debts -€3,409
no longer reported in 2025 (was €3,409)
- Reserves +€2,022
up €2,022 (+39.4%), from €5,133 to €7,155
- Tax, wage and social debts +€1,329
up €1,329 (+103.5%), from €1,283 to €2,612
- Gross operating margin -€3,402
down €3,402 (-40.2%), from €8,468 to €5,066
- Taxes -€689
down €689 (-53.7%), from €1,283 to €595
- Depreciation +€374
up €374 (+20.4%), from €1,833 to €2,207
- Other operating charges +€234
up €234 (+126.6%), from €185 to €419
- Financial income +€229
new in 2025: €229
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 | €12,973 | €23,865 | +€10,892 | +84.0% |
| Formation expenses | 20 | €861 | €646 | -€214 | -24.9% |
| Fixed assets | 21/28 | €7,757 | €5,764 | -€1,993 | -25.7% |
| Tangible fixed assets | 22/27 | €7,757 | €5,764 | -€1,993 | -25.7% |
| Plant, machinery and equipment | 23 | €627 | €335 | -€293 | -46.7% |
| Furniture and vehicles | 24 | €7,130 | €5,430 | -€1,700 | -23.8% |
| Current assets | 29/58 | €4,356 | €17,455 | +€13,099 | +300.7% |
| Amounts receivable within one year | 40/41 | €419 | €12,037 | +€11,618 | +2774.7% |
| Trade receivables | 40 | €165 | €10,010 | +€9,845 | +5966.9% |
| Other amounts receivable | 41 | €254 | €2,027 | +€1,773 | +698.8% |
| Cash at bank and in hand | 54/58 | €3,937 | €5,369 | +€1,432 | +36.4% |
| Deferred charges and accrued income | 490/1 | - | €48 | +€48 | |
| Total equity and liabilities | 10/49 | €12,973 | €23,865 | +€10,892 | +84.0% |
| Equity | 10/15 | €6,133 | €8,155 | +€2,022 | +33.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,133 | €7,155 | +€2,022 | +39.4% |
| Distributable reserves | 133 | €5,133 | €7,155 | +€2,022 | +39.4% |
| Amounts payable | 17/49 | €6,840 | €15,710 | +€8,870 | +129.7% |
| Amounts payable within one year | 42/48 | €6,840 | €15,710 | +€8,870 | +129.7% |
| Trade debts | 44 | €3,409 | - | -€3,409 | |
| Suppliers | 440/4 | €3,409 | - | -€3,409 | |
| Taxes, remuneration and social security | 45 | €1,283 | €2,612 | +€1,329 | +103.5% |
| Taxes | 450/3 | €1,283 | €2,612 | +€1,329 | +103.5% |
| Other amounts payable | 47/48 | €2,148 | €13,098 | +€10,950 | +509.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,833 | €2,207 | +€374 | +20.4% |
| Other operating charges | 640/8 | €185 | €419 | +€234 | +126.6% |
| Gross operating margin | 9900 | €8,468 | €5,066 | -€3,402 | -40.2% |
| Operating profit (loss) | 9901 | €6,451 | €2,440 | -€4,010 | -62.2% |
| Financial income | 75/76B | - | €229 | +€229 | |
| Recurring financial income | 75 | - | €229 | +€229 | |
| Financial charges | 65/66B | €34 | €53 | +€19 | +56.0% |
| Recurring financial charges | 65 | €34 | €53 | +€19 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | €6,416 | €2,617 | -€3,800 | -59.2% |
| Income taxes | 67/77 | €1,283 | €595 | -€689 | -53.7% |
| Profit (loss) for the period | 9904 | €5,133 | €2,022 | -€3,111 | -60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,133 | €2,022 | -€3,111 | -60.6% |
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 10 October 2026 via checked.be.