MAXAN ENGINEERING & ARCHITECTS: 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.
MAXAN ENGINEERING & ARCHITECTS
Largest movements
- Receivables within one year +€152,394
up €152,394 (+356%), from €42,817 to €195,212
of which Trade receivables: +€173,450
- Deferred charges and accrued income -€113,622
down €113,622 (-74.1%), from €153,272 to €39,650
- Cash -€3,525
down €3,525 (-74.5%), from €4,729 to €1,204
mainly Receivables within one year (-€152,394) and Net result for the year (-€51,087)
- Accrued charges and deferred income +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€51,087
new in 2025: -€51,087
- Trade debts -€40,145
no longer reported in 2025 (was €40,145)
- Short-term financial debts +€22,832
new in 2025: €22,832
- Other debts +€7,849
new in 2025: €7,849
- Gross operating margin -€77,282
down €77,282, from €28,793 to -€48,489
- Taxes -€8,087
down €8,087 (-92.0%), from €8,793 to €707
- Other operating charges -€4,856
down €4,856 (-96.4%), from €5,039 to €183
- Financial income -€1,526
no longer reported in 2025 (was €1,526)
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 | €230,667 | €264,347 | +€33,680 | +14.6% |
| Fixed assets | 21/28 | €1,880 | €313 | -€1,567 | -83.4% |
| Tangible fixed assets | 22/27 | €1,780 | €213 | -€1,567 | -88.0% |
| Plant, machinery and equipment | 23 | €1,700 | €213 | -€1,487 | -87.5% |
| Furniture and vehicles | 24 | €79 | - | -€79 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €228,787 | €264,035 | +€35,247 | +15.4% |
| Amounts receivable after more than one year | 29 | €27,968 | €27,968 | = | 0.0% |
| Other amounts receivable | 291 | €27,968 | €27,968 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,817 | €195,212 | +€152,394 | +356% |
| Trade receivables | 40 | €21,762 | €195,212 | +€173,450 | +797% |
| Other amounts receivable | 41 | €21,056 | - | -€21,056 | |
| Cash at bank and in hand | 54/58 | €4,729 | €1,204 | -€3,525 | -74.5% |
| Deferred charges and accrued income | 490/1 | €153,272 | €39,650 | -€113,622 | -74.1% |
| Total equity and liabilities | 10/49 | €230,667 | €264,347 | +€33,680 | +14.6% |
| Equity | 10/15 | €75,326 | €24,239 | -€51,087 | -67.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €56,734 | €56,734 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €54,875 | €54,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,087 | -€51,087 | |
| Amounts payable | 17/49 | €155,341 | €240,109 | +€84,768 | +54.6% |
| Amounts payable within one year | 42/48 | €155,341 | €140,109 | -€15,232 | -9.8% |
| Financial debts | 43 | - | €22,832 | +€22,832 | |
| Other loans | 439 | - | €22,832 | +€22,832 | |
| Trade debts | 44 | €40,145 | - | -€40,145 | |
| Suppliers | 440/4 | €40,145 | - | -€40,145 | |
| Advances received on contracts in progress | 46 | €106,860 | €106,860 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,336 | €2,568 | -€5,768 | -69.2% |
| Taxes | 450/3 | €8,336 | €2,568 | -€5,768 | -69.2% |
| Other amounts payable | 47/48 | - | €7,849 | +€7,849 | |
| Accrued charges and deferred income | 492/3 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,742 | €1,567 | -€175 | -10.0% |
| Other operating charges | 640/8 | €5,039 | €183 | -€4,856 | -96.4% |
| Gross operating margin | 9900 | €28,793 | -€48,489 | -€77,282 | |
| Operating profit (loss) | 9901 | €22,012 | -€50,239 | -€72,251 | |
| Financial income | 75/76B | €1,526 | - | -€1,526 | |
| Recurring financial income | 75 | €1,526 | - | -€1,526 | |
| Financial charges | 65/66B | €146 | €141 | -€5 | -3.3% |
| Recurring financial charges | 65 | €146 | €141 | -€5 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €23,392 | -€50,381 | -€73,772 | |
| Income taxes | 67/77 | €8,793 | €707 | -€8,087 | -92.0% |
| Profit (loss) for the period | 9904 | €14,598 | -€51,087 | -€65,686 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,598 | -€51,087 | -€65,686 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.