Max Technic: what changed
Two fiscal 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 Technic
Largest movements
- Receivables within one year -€40,455
down €40,455 (-21.9%), from €184,693 to €144,238
of which Other amounts receivable: -€83,002
- Cash -€5,133
down €5,133 (-84.3%), from €6,091 to €958
mainly Other debts (-€70,211) and Tax, wage and social debts (-€24,675)
- Tangible fixed assets +€4,547
new in 2024: €4,547
- Other debts -€70,211
down €70,211 (-56.2%), from €125,000 to €54,789
- Profit (loss) carried forward +€51,940
up €51,940, from -€14,458 to €37,482
- Tax, wage and social debts -€24,675
down €24,675 (-38.8%), from €63,636 to €38,961
of which Remuneration and social security: -€29,765
- Trade debts +€5,328
up €5,328 (+65.1%), from €8,183 to €13,511
- Accrued charges and deferred income -€4,188
no longer reported in 2024 (was €4,188)
- Gross operating margin +€52,607
up €52,607 (+610.5%), from €8,618 to €61,225
- Turnover +€29,885
up €29,885 (+7.6%), from €391,467 to €421,352
- Purchases and services -€22,722
down €22,722 (-5.9%), from €382,849 to €360,127
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 | €191,549 | €149,743 | -€41,806 | -21.8% |
| Fixed assets | 21/28 | - | €4,547 | +€4,547 | |
| Tangible fixed assets | 22/27 | - | €4,547 | +€4,547 | |
| Furniture and vehicles | 24 | - | €4,547 | +€4,547 | |
| Current assets | 29/58 | €191,549 | €145,196 | -€46,353 | -24.2% |
| Amounts receivable within one year | 40/41 | €184,693 | €144,238 | -€40,455 | -21.9% |
| Trade receivables | 40 | €101,253 | €143,801 | +€42,548 | +42.0% |
| Other amounts receivable | 41 | €83,439 | €437 | -€83,002 | -99.5% |
| Cash at bank and in hand | 54/58 | €6,091 | €958 | -€5,133 | -84.3% |
| Deferred charges and accrued income | 490/1 | €766 | - | -€766 | |
| Total equity and liabilities | 10/49 | €191,549 | €149,743 | -€41,806 | -21.8% |
| Equity | 10/15 | -€9,458 | €42,482 | +€51,940 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | -€14,458 | €37,482 | +€51,940 | |
| Amounts payable | 17/49 | €201,007 | €107,261 | -€93,746 | -46.6% |
| Amounts payable within one year | 42/48 | €196,819 | €107,261 | -€89,558 | -45.5% |
| Trade debts | 44 | €8,183 | €13,511 | +€5,328 | +65.1% |
| Suppliers | 440/4 | €8,183 | €13,511 | +€5,328 | +65.1% |
| Taxes, remuneration and social security | 45 | €63,636 | €38,961 | -€24,675 | -38.8% |
| Taxes | 450/3 | €33,871 | €38,961 | +€5,090 | +15.0% |
| Remuneration and social security | 454/9 | €29,765 | - | -€29,765 | |
| Other amounts payable | 47/48 | €125,000 | €54,789 | -€70,211 | -56.2% |
| Accrued charges and deferred income | 492/3 | €4,188 | - | -€4,188 | |
| Turnover | 70 | €391,467 | €421,352 | +€29,885 | +7.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €382,849 | €360,127 | -€22,722 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €978 | +€978 | |
| Other operating charges | 640/8 | €5,284 | €8,265 | +€2,981 | +56.4% |
| Gross operating margin | 9900 | €8,618 | €61,225 | +€52,607 | +610.5% |
| Operating profit (loss) | 9901 | €3,334 | €51,982 | +€48,648 | +1459.2% |
| Financial income | 75/76B | €141 | - | -€141 | |
| Recurring financial income | 75 | €141 | - | -€141 | |
| Financial charges | 65/66B | €108 | €44 | -€64 | -59.4% |
| Recurring financial charges | 65 | €108 | €44 | -€64 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €3,366 | €51,938 | +€48,572 | +1443.1% |
| Income taxes | 67/77 | €2,221 | - | -€2,221 | |
| Profit (loss) for the period | 9904 | €1,145 | €51,938 | +€50,793 | +4437.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,145 | €51,938 | +€50,793 | +4437.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.