Max Building: 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.
Max Building
Largest movements
- Receivables within one year -€17,122
down €17,122 (-1.2%), from €1.5m to €1.4m
of which Other amounts receivable: -€17,122
- Reserves -€23,471
down €23,471 (-1.7%), from €1.4m to €1.4m
of which Distributable reserves: -€23,471
- Gross operating margin +€65,662
up €65,662 (+74.7%), from -€87,901 to -€22,239
- Other operating charges -€3,691
down €3,691 (-78.8%), from €4,683 to €992
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 | €1,476,274 | €1,452,208 | -€24,066 | -1.6% |
| Current assets | 29/58 | €1,476,274 | €1,452,208 | -€24,066 | -1.6% |
| Stocks and contracts in progress | 3 | €5,558 | €1,429 | -€4,129 | -74.3% |
| Stocks | 30/36 | €5,558 | €1,429 | -€4,129 | -74.3% |
| Amounts receivable within one year | 40/41 | €1,465,958 | €1,448,835 | -€17,122 | -1.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €1,465,958 | €1,448,835 | -€17,122 | -1.2% |
| Cash at bank and in hand | 54/58 | €4,758 | €1,943 | -€2,815 | -59.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,476,274 | €1,452,208 | -€24,066 | -1.6% |
| Equity | 10/15 | €1,474,930 | €1,451,459 | -€23,471 | -1.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,412,930 | €1,389,459 | -€23,471 | -1.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,406,730 | €1,383,259 | -€23,471 | -1.7% |
| Amounts payable | 17/49 | €1,344 | €749 | -€595 | -44.3% |
| Amounts payable within one year | 42/48 | €1,344 | - | -€1,344 | |
| Trade debts | 44 | €724 | - | -€724 | |
| Suppliers | 440/4 | €724 | - | -€724 | |
| Taxes, remuneration and social security | 45 | €620 | - | -€620 | |
| Taxes | 450/3 | €620 | - | -€620 | |
| Accrued charges and deferred income | 492/3 | €0 | €749 | +€749 | |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €4,683 | €992 | -€3,691 | -78.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€87,901 | -€22,239 | +€65,662 | +74.7% |
| Operating profit (loss) | 9901 | -€92,584 | -€23,231 | +€69,353 | +74.9% |
| Financial income | 75/76B | €523 | - | -€523 | |
| Recurring financial income | 75 | €523 | - | -€523 | |
| Financial charges | 65/66B | €360 | €240 | -€121 | -33.5% |
| Recurring financial charges | 65 | €360 | €240 | -€121 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€92,422 | -€23,471 | +€68,951 | +74.6% |
| Profit (loss) for the period | 9904 | -€92,422 | -€23,471 | +€68,951 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,422 | -€23,471 | +€68,951 | +74.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.