MAX COMPANY: 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.
MAX COMPANY
Largest movements
- Cash +€13,546
up €13,546 (+99.7%), from €13,587 to €27,133
mainly Tax, wage and social debts (+€18,537) and Net result for the year (+€5,757)
- Receivables within one year +€11,386
up €11,386 (+149%), from €7,663 to €19,048
- Tangible fixed assets +€833
up €833 (+53.0%), from €1,573 to €2,406
of which Furniture and vehicles: +€1,500
- Tax, wage and social debts +€18,537
up €18,537 (+300%), from €6,186 to €24,723
of which Taxes: +€15,962
- Profit (loss) carried forward +€5,757
up €5,757 (+43.1%), from €13,346 to €19,103
- Trade debts +€1,471
up €1,471 (+432%), from €340 to €1,812
- Gross operating margin +€15,294
up €15,294, from -€806 to €14,487
- Taxes +€6,042
new in 2024: €6,042
- Staff costs +€2,253
new in 2024: €2,253
- Financial income +€702
new in 2024: €702
- Other operating charges -€301
down €301 (-47.7%), from €632 to €330
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.
Derived cash bridge
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 | €22,872 | €48,638 | +€25,765 | +113% |
| Fixed assets | 21/28 | €1,623 | €2,456 | +€833 | +51.4% |
| Tangible fixed assets | 22/27 | €1,573 | €2,406 | +€833 | +53.0% |
| Plant, machinery and equipment | 23 | €1,573 | €906 | -€667 | -42.4% |
| Furniture and vehicles | 24 | - | €1,500 | +€1,500 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €21,250 | €46,182 | +€24,932 | +117% |
| Amounts receivable within one year | 40/41 | €7,663 | €19,048 | +€11,386 | +149% |
| Other amounts receivable | 41 | €7,663 | €19,048 | +€11,386 | +149% |
| Cash at bank and in hand | 54/58 | €13,587 | €27,133 | +€13,546 | +99.7% |
| Total equity and liabilities | 10/49 | €22,872 | €48,638 | +€25,765 | +113% |
| Equity | 10/15 | €16,346 | €22,103 | +€5,757 | +35.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,346 | €19,103 | +€5,757 | +43.1% |
| Amounts payable | 17/49 | €6,526 | €26,534 | +€20,008 | +307% |
| Amounts payable within one year | 42/48 | €6,526 | €26,534 | +€20,008 | +307% |
| Trade debts | 44 | €340 | €1,812 | +€1,471 | +432% |
| Suppliers | 440/4 | €340 | €1,812 | +€1,471 | +432% |
| Taxes, remuneration and social security | 45 | €6,186 | €24,723 | +€18,537 | +300% |
| Taxes | 450/3 | €6,186 | €22,148 | +€15,962 | +258% |
| Remuneration and social security | 454/9 | - | €2,575 | +€2,575 | |
| Remuneration, social security and pensions | 62 | - | €2,253 | +€2,253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €667 | +€239 | +56.0% |
| Other operating charges | 640/8 | €632 | €330 | -€301 | -47.7% |
| Gross operating margin | 9900 | -€806 | €14,487 | +€15,294 | |
| Operating profit (loss) | 9901 | -€1,865 | €11,238 | +€13,103 | |
| Financial income | 75/76B | - | €702 | +€702 | |
| Recurring financial income | 75 | - | €702 | +€702 | |
| Financial charges | 65/66B | €0 | €141 | +€140 | +93,573% |
| Recurring financial charges | 65 | €0 | €141 | +€140 | +93,573% |
| Profit (loss) for the period before taxes | 9903 | -€1,865 | €11,799 | +€13,664 | |
| Income taxes | 67/77 | - | €6,042 | +€6,042 | |
| Profit (loss) for the period | 9904 | -€1,865 | €5,757 | +€7,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,865 | €5,757 | +€7,623 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.