MAX SOLUTIONS 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 SOLUTIONS COMPANY
Largest movements
- Receivables within one year -€139,410
down €139,410 (-33.7%), from €413,975 to €274,564
of which Trade receivables: -€135,600
- Tangible fixed assets -€20,622
no longer reported in 2026 (was €20,622)
of which Plant, machinery and equipment: -€14,274
- Cash +€10,391
new in 2026: €10,391
mainly Receivables within one year (+€139,410) and Net result for the year (+€85,636)
- Other debts -€132,861
down €132,861 (-99.0%), from €134,152 to €1,290
- Trade debts -€111,032
down €111,032 (-44.6%), from €248,713 to €137,681
- Profit (loss) carried forward +€85,636
up €85,636 (+2,055%), from €4,167 to €89,803
- Tax, wage and social debts +€5,033
up €5,033 (+10.4%), from €48,505 to €53,539
of which Taxes: +€28,739
- Gross operating margin +€174,974
up €174,974 (+48.0%), from €364,733 to €539,708
- Other operating charges +€43,084
up €43,084 (+743%), from €5,796 to €48,880
- Staff costs +€27,066
up €27,066 (+8.9%), from €305,581 to €332,646
- Taxes +€24,263
up €24,263 (+155%), from €15,650 to €39,913
- Write-downs +€22,025
up €22,025 (+209%), from €10,528 to €32,553
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €440,536 | €287,313 | -€153,224 | -34.8% |
| Fixed assets | 21/28 | €20,622 | - | -€20,622 | |
| Tangible fixed assets | 22/27 | €20,622 | - | -€20,622 | |
| Plant, machinery and equipment | 23 | €14,274 | - | -€14,274 | |
| Furniture and vehicles | 24 | €6,348 | - | -€6,348 | |
| Current assets | 29/58 | €419,915 | €287,313 | -€132,602 | -31.6% |
| Amounts receivable within one year | 40/41 | €413,975 | €274,564 | -€139,410 | -33.7% |
| Trade receivables | 40 | €307,531 | €171,931 | -€135,600 | -44.1% |
| Other amounts receivable | 41 | €106,443 | €102,633 | -€3,810 | -3.6% |
| Cash at bank and in hand | 54/58 | - | €10,391 | +€10,391 | |
| Deferred charges and accrued income | 490/1 | €5,940 | €2,358 | -€3,582 | -60.3% |
| Total equity and liabilities | 10/49 | €440,536 | €287,313 | -€153,224 | -34.8% |
| Equity | 10/15 | €9,167 | €94,803 | +€85,636 | +934% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,167 | €89,803 | +€85,636 | +2,055% |
| Amounts payable | 17/49 | €431,370 | €192,510 | -€238,860 | -55.4% |
| Amounts payable within one year | 42/48 | €431,370 | €192,510 | -€238,860 | -55.4% |
| Trade debts | 44 | €248,713 | €137,681 | -€111,032 | -44.6% |
| Suppliers | 440/4 | €248,713 | €137,681 | -€111,032 | -44.6% |
| Taxes, remuneration and social security | 45 | €48,505 | €53,539 | +€5,033 | +10.4% |
| Taxes | 450/3 | €15,650 | €44,389 | +€28,739 | +184% |
| Remuneration and social security | 454/9 | €32,855 | €9,150 | -€23,705 | -72.2% |
| Other amounts payable | 47/48 | €134,152 | €1,290 | -€132,861 | -99.0% |
| Remuneration, social security and pensions | 62 | €305,581 | €332,646 | +€27,066 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,697 | - | -€13,697 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,528 | €32,553 | +€22,025 | +209% |
| Other operating charges | 640/8 | €5,796 | €48,880 | +€43,084 | +743% |
| Gross operating margin | 9900 | €364,733 | €539,708 | +€174,974 | +48.0% |
| Operating profit (loss) | 9901 | €29,131 | €125,628 | +€96,497 | +331% |
| Financial income | 75/76B | €0 | €0 | -€0 | -81.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -81.5% |
| Financial charges | 65/66B | €169 | €79 | -€90 | -53.2% |
| Recurring financial charges | 65 | €169 | €79 | -€90 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €28,962 | €125,549 | +€96,587 | +333% |
| Income taxes | 67/77 | €15,650 | €39,913 | +€24,263 | +155% |
| Profit (loss) for the period | 9904 | €13,312 | €85,636 | +€72,324 | +543% |
| Profit (loss) for the period to be appropriated | 9905 | €13,312 | €85,636 | +€72,324 | +543% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.