MAXBILL: 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.
MAXBILL
Largest movements
- Receivables within one year +€120,947
up €120,947 (+216.9%), from €55,757 to €176,705
of which Other amounts receivable: +€144,617
- Cash +€12,132
up €12,132 (+25.9%), from €46,895 to €59,026
mainly Other debts (+€172,054) and Net result for the year (+€79,317)
- Tangible fixed assets -€11,150
down €11,150 (-19.0%), from €58,610 to €47,460
of which Furniture and vehicles: -€17,016
- Other debts +€172,054
up €172,054 (+5027.0%), from €3,423 to €175,476
- Profit (loss) carried forward -€96,160
down €96,160 (-100.0%), from €96,160 to €0
- Debts after one year +€51,105
up €51,105, from €0 to €51,105
- Tax, wage and social debts -€21,318
down €21,318 (-85.3%), from €24,989 to €3,671
- Current portion of long-term debt +€15,509
up €15,509 (+77.5%), from €20,021 to €35,529
- Gross operating margin -€23,548
down €23,548 (-16.3%), from €144,822 to €121,274
- Taxes -€5,883
down €5,883 (-22.0%), from €26,683 to €20,800
- Financial income +€1,702
up €1,702 (+556.2%), from €306 to €2,008
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 | €163,436 | €285,834 | +€122,398 | +74.9% |
| Fixed assets | 21/28 | €58,610 | €47,460 | -€11,150 | -19.0% |
| Tangible fixed assets | 22/27 | €58,610 | €47,460 | -€11,150 | -19.0% |
| Plant, machinery and equipment | 23 | - | €5,866 | +€5,866 | |
| Furniture and vehicles | 24 | €58,610 | €41,594 | -€17,016 | -29.0% |
| Current assets | 29/58 | €104,825 | €238,374 | +€133,548 | +127.4% |
| Amounts receivable within one year | 40/41 | €55,757 | €176,705 | +€120,947 | +216.9% |
| Trade receivables | 40 | €55,757 | €32,087 | -€23,670 | -42.5% |
| Other amounts receivable | 41 | €0 | €144,617 | +€144,617 | |
| Cash at bank and in hand | 54/58 | €46,895 | €59,026 | +€12,132 | +25.9% |
| Deferred charges and accrued income | 490/1 | €2,173 | €2,643 | +€469 | +21.6% |
| Total equity and liabilities | 10/49 | €163,436 | €285,834 | +€122,398 | +74.9% |
| Equity | 10/15 | €114,760 | €18,600 | -€96,160 | -83.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,160 | €0 | -€96,160 | -100.0% |
| Amounts payable | 17/49 | €48,676 | €267,234 | +€218,558 | +449.0% |
| Amounts payable after more than one year | 17 | €0 | €51,105 | +€51,105 | |
| Financial debts | 170/4 | €0 | €51,105 | +€51,105 | |
| Amounts payable within one year | 42/48 | €48,676 | €215,916 | +€167,240 | +343.6% |
| Current portion of amounts payable after more than one year | 42 | €20,021 | €35,529 | +€15,509 | +77.5% |
| Trade debts | 44 | €244 | €1,239 | +€995 | +408.5% |
| Suppliers | 440/4 | €244 | €1,239 | +€995 | +408.5% |
| Taxes, remuneration and social security | 45 | €24,989 | €3,671 | -€21,318 | -85.3% |
| Taxes | 450/3 | €24,989 | €3,671 | -€21,318 | -85.3% |
| Other amounts payable | 47/48 | €3,423 | €175,476 | +€172,054 | +5027.0% |
| Accrued charges and deferred income | 492/3 | - | €213 | +€213 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,966 | €18,579 | -€387 | -2.0% |
| Other operating charges | 640/8 | €494 | €708 | +€215 | +43.5% |
| Non-recurring operating charges | 66A | €0 | €1,656 | +€1,656 | |
| Gross operating margin | 9900 | €144,822 | €121,274 | -€23,548 | -16.3% |
| Operating profit (loss) | 9901 | €125,363 | €100,331 | -€25,031 | -20.0% |
| Financial income | 75/76B | €306 | €2,008 | +€1,702 | +556.2% |
| Recurring financial income | 75 | €306 | €2,008 | +€1,702 | +556.2% |
| Financial charges | 65/66B | €1,967 | €2,223 | +€255 | +13.0% |
| Recurring financial charges | 65 | €1,967 | €2,223 | +€255 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €123,701 | €100,116 | -€23,585 | -19.1% |
| Income taxes | 67/77 | €26,683 | €20,800 | -€5,883 | -22.0% |
| Profit (loss) for the period | 9904 | €97,019 | €79,317 | -€17,702 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €97,019 | €79,317 | -€17,702 | -18.2% |
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 29 September 2026 via checked.be.