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MAXBUILDING: 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.

What changed

MAXBUILDING

BE 0805.915.095
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,524
2024 · €6,363+€161
Equity
€14,887
2024 · €8,363+€6,524
Cash
€13,893
2024 · €12,059+€1,834
Balance sheet total
€51,053
2024 · €21,983+€29,070

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€24,645

    up €24,645 (+264.5%), from €9,318 to €33,963

    of which Trade receivables: +€24,616

  • Tangible fixed assets +€2,676

    up €2,676 (+514.5%), from €520 to €3,197

  • Cash +€1,834

    up €1,834 (+15.2%), from €12,059 to €13,893

    mainly Tax, wage and social debts (+€12,201) and Trade debts (+€10,217)

Equity and liabilities
  • Tax, wage and social debts +€12,201

    up €12,201 (+136.0%), from €8,972 to €21,172

    of which Remuneration and social security: +€11,900

  • Trade debts +€10,217

    up €10,217 (+219.8%), from €4,648 to €14,865

  • Profit (loss) carried forward +€6,524

    up €6,524 (+102.5%), from €6,363 to €12,887

Income statement
  • Purchases and services +€75,358

    up €75,358 (+35.7%), from €211,260 to €286,619

  • Turnover +€71,856

    up €71,856 (+31.9%), from €225,277 to €297,133

  • Depreciation -€4,003

    down €4,003 (-73.7%), from €5,430 to €1,427

  • Gross operating margin -€3,502

    down €3,502 (-25.0%), from €14,017 to €10,514

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €6,363
Gross operating margin -€3,502
Depreciation +€4,003
Other operating charges -€3
Financial income -€3
Financial charges -€34
Taxes -€301
Result 2025 €6,524

Cash bridge derived

cash 2024 to 2025

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.

From operations +€5,937
Investment -€4,103
Financing €0
Cash 2024 €12,059
Net result for the year +€6,524
Depreciation +€1,427
Receivables within one year -€24,645
Deferred charges and accrued income +€85
Trade debts +€10,217
Tax, wage and social debts +€12,201
Other debts +€128
Investment in fixed assets (net) -€4,103
Cash 2025 €13,893
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €21,983 €51,053 +€29,070 +132.2%
Fixed assets 21/28 €520 €3,197 +€2,676 +514.5%
Tangible fixed assets 22/27 €520 €3,197 +€2,676 +514.5%
Furniture and vehicles 24 €520 €3,197 +€2,676 +514.5%
Current assets 29/58 €21,463 €47,856 +€26,393 +123.0%
Amounts receivable within one year 40/41 €9,318 €33,963 +€24,645 +264.5%
Trade receivables 40 €8,220 €32,836 +€24,616 +299.5%
Other amounts receivable 41 €1,098 €1,127 +€29 +2.6%
Cash at bank and in hand 54/58 €12,059 €13,893 +€1,834 +15.2%
Deferred charges and accrued income 490/1 €85 - -€85
Total equity and liabilities 10/49 €21,983 €51,053 +€29,070 +132.2%
Equity 10/15 €8,363 €14,887 +€6,524 +78.0%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €6,363 €12,887 +€6,524 +102.5%
Amounts payable 17/49 €13,620 €36,166 +€22,546 +165.5%
Amounts payable within one year 42/48 €13,620 €36,166 +€22,546 +165.5%
Trade debts 44 €4,648 €14,865 +€10,217 +219.8%
Suppliers 440/4 €4,648 €14,865 +€10,217 +219.8%
Taxes, remuneration and social security 45 €8,972 €21,172 +€12,201 +136.0%
Taxes 450/3 €1,772 €2,072 +€301 +17.0%
Remuneration and social security 454/9 €7,200 €19,100 +€11,900 +165.3%
Other amounts payable 47/48 - €128 +€128
Turnover 70 €225,277 €297,133 +€71,856 +31.9%
Goods, raw materials, services and sundry goods 60/61 €211,260 €286,619 +€75,358 +35.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,430 €1,427 -€4,003 -73.7%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 €14,017 €10,514 -€3,502 -25.0%
Operating profit (loss) 9901 €8,203 €8,701 +€498 +6.1%
Financial income 75/76B €3 - -€3
Recurring financial income 75 €3 - -€3
Financial charges 65/66B €71 €105 +€34 +47.7%
Recurring financial charges 65 €71 €105 +€34 +47.7%
Profit (loss) for the period before taxes 9903 €8,135 €8,596 +€461 +5.7%
Income taxes 67/77 €1,772 €2,072 +€301 +17.0%
Profit (loss) for the period 9904 €6,363 €6,524 +€161 +2.5%
Profit (loss) for the period to be appropriated 9905 €6,363 €6,524 +€161 +2.5%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.