Max Relax: 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 Relax
Largest movements
- Cash -€1,717
down €1,717 (-76.8%), from €2,235 to €518
mainly Net result for the year (-€1,717)
- Profit (loss) carried forward -€3,952
down €3,952, from €2,235 to -€1,717
- Reserves +€2,235
new in 2025: €2,235
- Purchases and services -€5,048
down €5,048 (-74.6%), from €6,765 to €1,717
- Gross operating margin -€3,952
down €3,952, from €2,235 to -€1,717
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 | €2,235 | €518 | -€1,717 | -76.8% |
| Current assets | 29/58 | €2,235 | €518 | -€1,717 | -76.8% |
| Cash at bank and in hand | 54/58 | €2,235 | €518 | -€1,717 | -76.8% |
| Total equity and liabilities | 10/49 | €2,235 | €518 | -€1,717 | -76.8% |
| Equity | 10/15 | €2,235 | €518 | -€1,717 | -76.8% |
| Reserves | 13 | - | €2,235 | +€2,235 | |
| Profit (loss) carried forward | 14 | €2,235 | -€1,717 | -€3,952 | |
| Membership fees, donations, legacies and grants | 73 | €9,000 | - | -€9,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €6,765 | €1,717 | -€5,048 | -74.6% |
| Gross operating margin | 9900 | €2,235 | -€1,717 | -€3,952 | |
| Operating profit (loss) | 9901 | €2,235 | -€1,717 | -€3,952 | |
| Profit (loss) for the period before taxes | 9903 | €2,235 | -€1,717 | -€3,952 | |
| Profit (loss) for the period | 9904 | €2,235 | -€1,717 | -€3,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,235 | -€1,717 | -€3,952 |
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.