Maxall: 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.
Maxall
Largest movements
- Receivables within one year +€3,108
up €3,108 (+4.0%), from €78,302 to €81,410
of which Other amounts receivable: +€1,712
- Cash -€2,023
down €2,023 (-12.1%), from €16,780 to €14,757
mainly Net result for the year (-€4,303) and Receivables within one year (-€3,108)
- Profit (loss) carried forward -€4,303
down €4,303 (-4.7%), from €91,612 to €87,309
- Provisions +€4,300
new in 2024: €4,300
- Write-downs +€44,586
no longer reported in 2024 (was -€44,586)
- Gross operating margin +€7,649
up €7,649 (+78.3%), from -€9,767 to -€2,118
- Taxes -€7,420
no longer reported in 2024 (was €7,420)
- Other operating charges -€4,398
down €4,398 (-91.8%), from €4,792 to €394
- Provisions +€4,300
new in 2024: €4,300
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 | €139,520 | €139,275 | -€245 | -0.2% |
| Current assets | 29/58 | €139,520 | €139,275 | -€245 | -0.2% |
| Amounts receivable after more than one year | 29 | €40,000 | €40,000 | = | 0.0% |
| Other amounts receivable | 291 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,302 | €81,410 | +€3,108 | +4.0% |
| Trade receivables | 40 | €9,687 | €11,083 | +€1,396 | +14.4% |
| Other amounts receivable | 41 | €68,614 | €70,327 | +€1,712 | +2.5% |
| Cash at bank and in hand | 54/58 | €16,780 | €14,757 | -€2,023 | -12.1% |
| Deferred charges and accrued income | 490/1 | €4,438 | €3,108 | -€1,329 | -30.0% |
| Total equity and liabilities | 10/49 | €139,520 | €139,275 | -€245 | -0.2% |
| Equity | 10/15 | €131,755 | €127,451 | -€4,303 | -3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,942 | €33,942 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €32,087 | €32,087 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,612 | €87,309 | -€4,303 | -4.7% |
| Provisions and deferred taxes | 16 | - | €4,300 | +€4,300 | |
| Provisions for liabilities and charges | 160/5 | - | €4,300 | +€4,300 | |
| Other liabilities and charges | 164/5 | - | €4,300 | +€4,300 | |
| Amounts payable | 17/49 | €7,765 | €7,524 | -€241 | -3.1% |
| Amounts payable within one year | 42/48 | €7,765 | €7,524 | -€241 | -3.1% |
| Trade debts | 44 | - | €103 | +€103 | |
| Suppliers | 440/4 | - | €103 | +€103 | |
| Taxes, remuneration and social security | 45 | €7,765 | €7,420 | -€345 | -4.4% |
| Taxes | 450/3 | €7,765 | €7,420 | -€345 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€44,586 | - | +€44,586 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €4,300 | +€4,300 | |
| Other operating charges | 640/8 | €4,792 | €394 | -€4,398 | -91.8% |
| Gross operating margin | 9900 | -€9,767 | -€2,118 | +€7,649 | +78.3% |
| Operating profit (loss) | 9901 | €30,026 | -€6,812 | -€36,838 | |
| Financial income | 75/76B | €3,108 | €2,554 | -€555 | -17.8% |
| Recurring financial income | 75 | €3,108 | €2,554 | -€555 | -17.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €33,090 | -€4,303 | -€37,393 | |
| Income taxes | 67/77 | €7,420 | - | -€7,420 | |
| Profit (loss) for the period | 9904 | €25,669 | -€4,303 | -€29,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,669 | -€4,303 | -€29,973 |
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 28 September 2026 via checked.be.