MAX8 architecten: 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.
MAX8 architecten
Largest movements
- Cash -€26,723
down €26,723 (-22.3%), from €119,623 to €92,899
mainly Net result for the year (-€33,519) and Debts after one year (-€7,551)
- Tangible fixed assets -€10,597
down €10,597 (-15.7%), from €67,357 to €56,760
of which Land and buildings: -€10,650
- Receivables within one year -€3,596
down €3,596 (-36.5%), from €9,864 to €6,268
of which Other amounts receivable: -€5,007
- Deferred charges and accrued income -€2,271
down €2,271 (-35.3%), from €6,426 to €4,155
- Profit (loss) carried forward -€33,519
down €33,519 (-931%), from -€3,599 to -€37,118
- Debts after one year -€7,551
down €7,551 (-8.6%), from €87,905 to €80,354
- Accrued charges and deferred income -€4,108
down €4,108 (-99.2%), from €4,143 to €35
- Gross operating margin -€30,753
down €30,753, from €17,409 to -€13,344
- Financial charges -€2,935
down €2,935 (-39.1%), from €7,502 to €4,567
- Depreciation +€261
up €261 (+1.9%), from €13,962 to €14,223
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 | €203,270 | €160,083 | -€43,187 | -21.2% |
| Fixed assets | 21/28 | €67,357 | €56,760 | -€10,597 | -15.7% |
| Tangible fixed assets | 22/27 | €67,357 | €56,760 | -€10,597 | -15.7% |
| Land and buildings | 22 | €53,617 | €42,967 | -€10,650 | -19.9% |
| Furniture and vehicles | 24 | €13,740 | €13,793 | +€53 | +0.4% |
| Current assets | 29/58 | €135,913 | €103,323 | -€32,590 | -24.0% |
| Amounts receivable within one year | 40/41 | €9,864 | €6,268 | -€3,596 | -36.5% |
| Trade receivables | 40 | - | €1,412 | +€1,412 | |
| Other amounts receivable | 41 | €9,864 | €4,857 | -€5,007 | -50.8% |
| Cash at bank and in hand | 54/58 | €119,623 | €92,899 | -€26,723 | -22.3% |
| Deferred charges and accrued income | 490/1 | €6,426 | €4,155 | -€2,271 | -35.3% |
| Total equity and liabilities | 10/49 | €203,270 | €160,083 | -€43,187 | -21.2% |
| Equity | 10/15 | €68,967 | €35,448 | -€33,519 | -48.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €53,966 | €53,966 | = | 0.0% |
| Distributable reserves | 133 | €53,966 | €53,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,599 | -€37,118 | -€33,519 | -931% |
| Amounts payable | 17/49 | €134,303 | €124,635 | -€9,668 | -7.2% |
| Amounts payable after more than one year | 17 | €87,905 | €80,354 | -€7,551 | -8.6% |
| Financial debts | 170/4 | €87,905 | €80,354 | -€7,551 | -8.6% |
| Amounts payable within one year | 42/48 | €42,256 | €44,247 | +€1,991 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €7,195 | €7,551 | +€357 | +5.0% |
| Trade debts | 44 | €669 | €279 | -€391 | -58.3% |
| Suppliers | 440/4 | €669 | €279 | -€391 | -58.3% |
| Taxes, remuneration and social security | 45 | €2,361 | €4,386 | +€2,025 | +85.8% |
| Taxes | 450/3 | €2,361 | €1,791 | -€570 | -24.2% |
| Remuneration and social security | 454/9 | - | €2,595 | +€2,595 | |
| Other amounts payable | 47/48 | €32,030 | €32,030 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,143 | €35 | -€4,108 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,962 | €14,223 | +€261 | +1.9% |
| Other operating charges | 640/8 | €1,268 | €1,241 | -€27 | -2.1% |
| Gross operating margin | 9900 | €17,409 | -€13,344 | -€30,753 | |
| Operating profit (loss) | 9901 | €2,179 | -€28,808 | -€30,987 | |
| Financial charges | 65/66B | €7,502 | €4,567 | -€2,935 | -39.1% |
| Recurring financial charges | 65 | €7,502 | €4,567 | -€2,935 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,323 | -€33,375 | -€28,052 | -527% |
| Income taxes | 67/77 | €136 | €143 | +€7 | +5.3% |
| Profit (loss) for the period | 9904 | -€5,459 | -€33,519 | -€28,059 | -514% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,459 | -€33,519 | -€28,059 | -514% |
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 17 October 2026 via checked.be.