MAX'S HOUSE: 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'S HOUSE
Largest movements
- Tangible fixed assets +€8,197
up €8,197 (+5.4%), from €151,662 to €159,859
of which Furniture and vehicles: +€17,132
- Cash +€2,511
up €2,511 (+248%), from €1,011 to €3,522
mainly Debts after one year (+€13,417) and Depreciation (+€9,303)
- Debts after one year +€13,417
new in 2025: €13,417
- Other debts -€10,784
down €10,784 (-6.5%), from €166,537 to €155,752
- Profit (loss) carried forward +€5,086
up €5,086 (+24.3%), from -€20,918 to -€15,832
- Current portion of long-term debt +€4,083
new in 2025: €4,083
- Gross operating margin +€25,521
up €25,521, from -€7,972 to €17,549
- Depreciation +€512
up €512 (+5.8%), from €8,791 to €9,303
- Other operating charges +€441
up €441 (+17.2%), from €2,562 to €3,004
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 | €153,435 | €164,711 | +€11,276 | +7.3% |
| Fixed assets | 21/28 | €151,662 | €159,859 | +€8,197 | +5.4% |
| Tangible fixed assets | 22/27 | €151,662 | €159,859 | +€8,197 | +5.4% |
| Land and buildings | 22 | €150,449 | €141,636 | -€8,813 | -5.9% |
| Plant, machinery and equipment | 23 | €1,213 | €1,091 | -€122 | -10.1% |
| Furniture and vehicles | 24 | - | €17,132 | +€17,132 | |
| Current assets | 29/58 | €1,773 | €4,852 | +€3,079 | +174% |
| Cash at bank and in hand | 54/58 | €1,011 | €3,522 | +€2,511 | +248% |
| Deferred charges and accrued income | 490/1 | €762 | €1,331 | +€569 | +74.6% |
| Total equity and liabilities | 10/49 | €153,435 | €164,711 | +€11,276 | +7.3% |
| Equity | 10/15 | -€14,718 | -€9,632 | +€5,086 | +34.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,918 | -€15,832 | +€5,086 | +24.3% |
| Amounts payable | 17/49 | €168,153 | €174,343 | +€6,190 | +3.7% |
| Amounts payable after more than one year | 17 | - | €13,417 | +€13,417 | |
| Financial debts | 170/4 | - | €13,417 | +€13,417 | |
| Amounts payable within one year | 42/48 | €168,153 | €160,620 | -€7,533 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | - | €4,083 | +€4,083 | |
| Trade debts | 44 | €1,617 | €770 | -€846 | -52.3% |
| Suppliers | 440/4 | €1,617 | €770 | -€846 | -52.3% |
| Taxes, remuneration and social security | 45 | - | €14 | +€14 | |
| Taxes | 450/3 | - | €14 | +€14 | |
| Other amounts payable | 47/48 | €166,537 | €155,752 | -€10,784 | -6.5% |
| Accrued charges and deferred income | 492/3 | - | €307 | +€307 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,791 | €9,303 | +€512 | +5.8% |
| Other operating charges | 640/8 | €2,562 | €3,004 | +€441 | +17.2% |
| Gross operating margin | 9900 | -€7,972 | €17,549 | +€25,521 | |
| Operating profit (loss) | 9901 | -€19,325 | €5,242 | +€24,568 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €42 | €142 | +€100 | +239% |
| Recurring financial charges | 65 | €42 | €142 | +€100 | +239% |
| Profit (loss) for the period before taxes | 9903 | -€19,367 | €5,100 | +€24,467 | |
| Income taxes | 67/77 | - | €14 | +€14 | |
| Profit (loss) for the period | 9904 | -€19,367 | €5,086 | +€24,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,367 | €5,086 | +€24,453 |
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 20 October 2026 via checked.be.