MAX SERVICES: 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 SERVICES
Largest movements
- Receivables within one year +€16,513
new in 2024: €16,513
of which Trade receivables: +€14,855
- Stocks and contracts +€15,107
up €15,107 (+27.7%), from €54,633 to €69,740
- Cash -€5,454
down €5,454 (-82.2%), from €6,633 to €1,179
mainly Receivables within one year (-€16,513) and Stocks and contracts (-€15,107)
- Financial fixed assets -€1,900
no longer reported in 2024 (was €1,900)
- Other debts +€21,034
up €21,034 (+30.7%), from €68,528 to €89,562
- Tax, wage and social debts -€6,952
no longer reported in 2024 (was €6,952)
- Trade debts +€5,683
up €5,683 (+598.0%), from €950 to €6,633
- Profit (loss) carried forward +€4,501
up €4,501 (+14.1%), from -€31,865 to -€27,364
- Gross operating margin -€3,617
down €3,617 (-49.9%), from €7,252 to €3,635
- Financial income +€1,126
new in 2024: €1,126
of which Financial income: +€1,126
- Financial charges -€170
down €170 (-51.6%), from €331 to €160
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.
Cash bridge derived
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 | €63,166 | €87,432 | +€24,266 | +38.4% |
| Fixed assets | 21/28 | €1,900 | - | -€1,900 | |
| Financial fixed assets | 28 | €1,900 | - | -€1,900 | |
| Current assets | 29/58 | €61,266 | €87,432 | +€26,166 | +42.7% |
| Stocks and contracts in progress | 3 | €54,633 | €69,740 | +€15,107 | +27.7% |
| Stocks | 30/36 | €54,633 | €69,740 | +€15,107 | +27.7% |
| Amounts receivable within one year | 40/41 | - | €16,513 | +€16,513 | |
| Trade receivables | 40 | - | €14,855 | +€14,855 | |
| Other amounts receivable | 41 | - | €1,658 | +€1,658 | |
| Cash at bank and in hand | 54/58 | €6,633 | €1,179 | -€5,454 | -82.2% |
| Total equity and liabilities | 10/49 | €63,166 | €87,432 | +€24,266 | +38.4% |
| Equity | 10/15 | -€13,265 | -€8,764 | +€4,501 | +33.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€31,865 | -€27,364 | +€4,501 | +14.1% |
| Amounts payable | 17/49 | €76,431 | €96,195 | +€19,764 | +25.9% |
| Amounts payable within one year | 42/48 | €76,431 | €96,195 | +€19,764 | +25.9% |
| Trade debts | 44 | €950 | €6,633 | +€5,683 | +598.0% |
| Suppliers | 440/4 | €950 | €6,633 | +€5,683 | +598.0% |
| Taxes, remuneration and social security | 45 | €6,952 | - | -€6,952 | |
| Taxes | 450/3 | €6,952 | - | -€6,952 | |
| Other amounts payable | 47/48 | €68,528 | €89,562 | +€21,034 | +30.7% |
| Other operating charges | 640/8 | €98 | €100 | +€2 | +2.5% |
| Gross operating margin | 9900 | €7,252 | €3,635 | -€3,617 | -49.9% |
| Operating profit (loss) | 9901 | €7,154 | €3,535 | -€3,619 | -50.6% |
| Financial income | 75/76B | - | €1,126 | +€1,126 | |
| Recurring financial income | 75 | - | €1,126 | +€1,126 | |
| Non-recurring financial income | 76B | - | €1,126 | +€1,126 | |
| Financial charges | 65/66B | €331 | €160 | -€170 | -51.6% |
| Recurring financial charges | 65 | €331 | €160 | -€170 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €6,824 | €4,501 | -€2,322 | -34.0% |
| Profit (loss) for the period | 9904 | €6,824 | €4,501 | -€2,322 | -34.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,824 | €4,501 | -€2,322 | -34.0% |
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 10 October 2026 via checked.be.