Max Markt Holding: 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 Markt Holding
Largest movements
- Receivables within one year +€242,966
up €242,966 (+927%), from €26,219 to €269,185
of which Other amounts receivable: +€124,758
- Tangible fixed assets -€4,258
down €4,258 (-6.7%), from €63,154 to €58,895
- Other debts +€189,816
up €189,816 (+104%), from €182,117 to €371,933
- Trade debts +€93,069
up €93,069 (+3,400%), from €2,738 to €95,806
- Profit (loss) carried forward -€41,346
down €41,346 (-71.9%), from -€57,521 to -€98,867
- Gross operating margin +€19,456
up €19,456 (+34.6%), from -€56,232 to -€36,776
- Depreciation +€3,537
up €3,537 (+490%), from €721 to €4,258
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.
Derived cash bridge
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 | €128,333 | €369,873 | +€241,540 | +188% |
| Fixed assets | 21/28 | €101,754 | €97,495 | -€4,258 | -4.2% |
| Tangible fixed assets | 22/27 | €63,154 | €58,895 | -€4,258 | -6.7% |
| Land and buildings | 22 | €63,154 | €58,895 | -€4,258 | -6.7% |
| Financial fixed assets | 28 | €38,600 | €38,600 | = | 0.0% |
| Current assets | 29/58 | €26,579 | €272,377 | +€245,798 | +925% |
| Amounts receivable within one year | 40/41 | €26,219 | €269,185 | +€242,966 | +927% |
| Trade receivables | 40 | €25,000 | €143,208 | +€118,208 | +473% |
| Other amounts receivable | 41 | €1,219 | €125,977 | +€124,758 | +10,234% |
| Cash at bank and in hand | 54/58 | €360 | €3,192 | +€2,832 | +786% |
| Total equity and liabilities | 10/49 | €128,333 | €369,873 | +€241,540 | +188% |
| Equity | 10/15 | -€56,521 | -€97,867 | -€41,346 | -73.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,521 | -€98,867 | -€41,346 | -71.9% |
| Amounts payable | 17/49 | €184,854 | €467,739 | +€282,885 | +153% |
| Amounts payable within one year | 42/48 | €184,854 | €467,739 | +€282,885 | +153% |
| Trade debts | 44 | €2,738 | €95,806 | +€93,069 | +3,400% |
| Suppliers | 440/4 | €2,738 | €95,806 | +€93,069 | +3,400% |
| Other amounts payable | 47/48 | €182,117 | €371,933 | +€189,816 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €721 | €4,258 | +€3,537 | +490% |
| Other operating charges | 640/8 | €537 | €46 | -€491 | -91.4% |
| Gross operating margin | 9900 | -€56,232 | -€36,776 | +€19,456 | +34.6% |
| Operating profit (loss) | 9901 | -€57,491 | -€41,080 | +€16,411 | +28.5% |
| Financial charges | 65/66B | €30 | €265 | +€235 | +784% |
| Recurring financial charges | 65 | €30 | €265 | +€235 | +784% |
| Profit (loss) for the period before taxes | 9903 | -€57,521 | -€41,346 | +€16,176 | +28.1% |
| Profit (loss) for the period | 9904 | -€57,521 | -€41,346 | +€16,176 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,521 | -€41,346 | +€16,176 | +28.1% |
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 15 October 2026 via checked.be.