MAX SOULET EVENTS: what changed
MAX SOULET EVENTS
Largest movements
- Cash +€24,467
up €24,467 (+67.7%), from €36,114 to €60,581
mainly Net result for the year (+€33,109) and Tax, wage and social debts (+€8,510)
- Receivables within one year +€8,371
up €8,371 (+8.7%), from €96,587 to €104,958
of which Other amounts receivable: +€10,688
- Deferred charges and accrued income +€3,547
new in 2025: €3,547
- Profit (loss) carried forward +€33,109
up €33,109 (+32.1%), from €103,269 to €136,378
- Tax, wage and social debts +€8,510
up €8,510 (+39.6%), from €21,470 to €29,980
of which Taxes: +€5,308
- Trade debts -€5,285
down €5,285 (-56.1%), from €9,422 to €4,137
- Gross operating margin +€10,271
up €10,271 (+27.5%), from €37,318 to €47,589
- Other operating charges -€5,924
down €5,924 (-83.1%), from €7,127 to €1,203
- Taxes +€2,304
up €2,304 (+24.9%), from €9,236 to €11,540
- Financial charges +€1,345
up €1,345 (+51.8%), from €2,595 to €3,940
- Depreciation +€839
up €839 (+62.5%), from €1,343 to €2,182
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,361 | €176,695 | +€36,334 | +25.9% |
| Fixed assets | 21/28 | €7,660 | €7,609 | -€51 | -0.7% |
| Tangible fixed assets | 22/27 | €7,660 | €7,609 | -€51 | -0.7% |
| Furniture and vehicles | 24 | €1,076 | €1,588 | +€512 | +47.6% |
| Other tangible fixed assets | 26 | €6,584 | €6,021 | -€563 | -8.6% |
| Current assets | 29/58 | €132,701 | €169,086 | +€36,385 | +27.4% |
| Amounts receivable within one year | 40/41 | €96,587 | €104,958 | +€8,371 | +8.7% |
| Trade receivables | 40 | €21,016 | €18,699 | -€2,317 | -11.0% |
| Other amounts receivable | 41 | €75,571 | €86,259 | +€10,688 | +14.1% |
| Cash at bank and in hand | 54/58 | €36,114 | €60,581 | +€24,467 | +67.7% |
| Deferred charges and accrued income | 490/1 | - | €3,547 | +€3,547 | |
| Total equity and liabilities | 10/49 | €140,361 | €176,695 | +€36,334 | +25.9% |
| Equity | 10/15 | €109,469 | €142,578 | +€33,109 | +30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,269 | €136,378 | +€33,109 | +32.1% |
| Amounts payable | 17/49 | €30,892 | €34,117 | +€3,225 | +10.4% |
| Amounts payable within one year | 42/48 | €30,892 | €34,117 | +€3,225 | +10.4% |
| Trade debts | 44 | €9,422 | €4,137 | -€5,285 | -56.1% |
| Suppliers | 440/4 | €9,422 | €4,137 | -€5,285 | -56.1% |
| Taxes, remuneration and social security | 45 | €21,470 | €29,980 | +€8,510 | +39.6% |
| Taxes | 450/3 | €21,470 | €26,778 | +€5,308 | +24.7% |
| Remuneration and social security | 454/9 | - | €3,202 | +€3,202 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,343 | €2,182 | +€839 | +62.5% |
| Other operating charges | 640/8 | €7,127 | €1,203 | -€5,924 | -83.1% |
| Gross operating margin | 9900 | €37,318 | €47,589 | +€10,271 | +27.5% |
| Operating profit (loss) | 9901 | €28,848 | €44,204 | +€15,356 | +53.2% |
| Financial income | 75/76B | €4,125 | €4,385 | +€260 | +6.3% |
| Recurring financial income | 75 | €4,125 | €4,385 | +€260 | +6.3% |
| Financial charges | 65/66B | €2,595 | €3,940 | +€1,345 | +51.8% |
| Recurring financial charges | 65 | €2,595 | €3,940 | +€1,345 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | €30,378 | €44,649 | +€14,271 | +47.0% |
| Income taxes | 67/77 | €9,236 | €11,540 | +€2,304 | +24.9% |
| Profit (loss) for the period | 9904 | €21,142 | €33,109 | +€11,967 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,142 | €33,109 | +€11,967 | +56.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.