MaxAmaze: 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.
MaxAmaze
Largest movements
- Intangible fixed assets +€504,230
new in 2025: €504,230
- Deferred charges and accrued income +€408,945
up €408,945 (+3397.2%), from €12,038 to €420,983
- Receivables within one year +€337,554
up €337,554 (+55.4%), from €609,655 to €947,209
of which Trade receivables: +€431,074
- Stocks and contracts +€234,959
new in 2025: €234,959
- Cash +€162,538
up €162,538 (+192.3%), from €84,521 to €247,059
mainly Trade debts (+€745,691) and Short-term financial debts (+€411,327)
- Trade debts +€745,691
up €745,691 (+1967.3%), from €37,903 to €783,595
- Short-term financial debts +€411,327
up €411,327 (+8991.4%), from €4,575 to €415,902
- Accrued charges and deferred income +€343,654
new in 2025: €343,654
- Other debts +€64,405
up €64,405 (+14.5%), from €444,095 to €508,500
- Tax, wage and social debts +€62,926
up €62,926 (+3475.2%), from €1,811 to €64,736
of which Taxes: +€40,104
- Gross operating margin +€530,716
up €530,716 (+2267.2%), from €23,408 to €554,124
- Staff costs +€266,382
new in 2025: €266,382
- Depreciation +€136,623
up €136,623 (+348.5%), from €39,200 to €175,824
- Financial charges +€27,710
up €27,710 (+61.0%), from €45,419 to €73,129
- Financial income +€5,776
up €5,776 (+3883.3%), from €149 to €5,925
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.
Cash bridge derived
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 | €2,898,449 | €4,521,968 | +€1.6m | +56.0% |
| Fixed assets | 21/28 | €2,187,814 | €2,671,759 | +€483,945 | +22.1% |
| Intangible fixed assets | 21 | - | €504,230 | +€504,230 | |
| Tangible fixed assets | 22/27 | €1,437,814 | €1,404,779 | -€33,035 | -2.3% |
| Plant, machinery and equipment | 23 | - | €3,361 | +€3,361 | |
| Furniture and vehicles | 24 | - | €33,790 | +€33,790 | |
| Leasing and similar rights | 25 | €1,437,814 | €1,367,628 | -€70,186 | -4.9% |
| Financial fixed assets | 28 | €750,000 | €762,750 | +€12,750 | +1.7% |
| Current assets | 29/58 | €710,635 | €1,850,209 | +€1.1m | +160.4% |
| Stocks and contracts in progress | 3 | - | €234,959 | +€234,959 | |
| Stocks | 30/36 | - | €234,959 | +€234,959 | |
| Amounts receivable within one year | 40/41 | €609,655 | €947,209 | +€337,554 | +55.4% |
| Trade receivables | 40 | €244,601 | €675,675 | +€431,074 | +176.2% |
| Other amounts receivable | 41 | €365,054 | €271,534 | -€93,520 | -25.6% |
| Current investments | 50/53 | €4,422 | - | -€4,422 | |
| Cash at bank and in hand | 54/58 | €84,521 | €247,059 | +€162,538 | +192.3% |
| Deferred charges and accrued income | 490/1 | €12,038 | €420,983 | +€408,945 | +3397.2% |
| Total equity and liabilities | 10/49 | €2,898,449 | €4,521,968 | +€1.6m | +56.0% |
| Equity | 10/15 | €778,403 | €811,783 | +€33,380 | +4.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €650,437 | €650,437 | = | 0.0% |
| Reserves | 13 | €8,267 | €8,267 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,267 | €8,267 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,267 | €8,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,301 | €3,079 | +€33,380 | |
| Amounts payable | 17/49 | €2,120,046 | €3,710,186 | +€1.6m | +75.0% |
| Amounts payable after more than one year | 17 | €1,540,634 | €1,488,600 | -€52,034 | -3.4% |
| Financial debts | 170/4 | €1,540,634 | €1,488,600 | -€52,034 | -3.4% |
| Amounts payable within one year | 42/48 | €579,412 | €1,877,932 | +€1.3m | +224.1% |
| Current portion of amounts payable after more than one year | 42 | €91,028 | €105,199 | +€14,171 | +15.6% |
| Financial debts | 43 | €4,575 | €415,902 | +€411,327 | +8991.4% |
| Credit institutions | 430/8 | €4,575 | €415,902 | +€411,327 | +8991.4% |
| Trade debts | 44 | €37,903 | €783,595 | +€745,691 | +1967.3% |
| Suppliers | 440/4 | €37,903 | €783,595 | +€745,691 | +1967.3% |
| Taxes, remuneration and social security | 45 | €1,811 | €64,736 | +€62,926 | +3475.2% |
| Taxes | 450/3 | €1,811 | €41,915 | +€40,104 | +2214.9% |
| Remuneration and social security | 454/9 | - | €22,821 | +€22,821 | |
| Other amounts payable | 47/48 | €444,095 | €508,500 | +€64,405 | +14.5% |
| Accrued charges and deferred income | 492/3 | - | €343,654 | +€343,654 | |
| Remuneration, social security and pensions | 62 | - | €266,382 | +€266,382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,200 | €175,824 | +€136,623 | +348.5% |
| Other operating charges | 640/8 | €10,382 | €11,335 | +€953 | +9.2% |
| Gross operating margin | 9900 | €23,408 | €554,124 | +€530,716 | +2267.2% |
| Operating profit (loss) | 9901 | -€26,175 | €100,583 | +€126,758 | |
| Financial income | 75/76B | €149 | €5,925 | +€5,776 | +3883.3% |
| Recurring financial income | 75 | €149 | €5,925 | +€5,776 | +3883.3% |
| Financial charges | 65/66B | €45,419 | €73,129 | +€27,710 | +61.0% |
| Recurring financial charges | 65 | €45,419 | €73,129 | +€27,710 | +61.0% |
| Profit (loss) for the period before taxes | 9903 | -€71,445 | €33,380 | +€104,824 | |
| Profit (loss) for the period | 9904 | -€71,445 | €33,380 | +€104,824 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,445 | €33,380 | +€104,824 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.