MAXCARD COMPANY: 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.
MAXCARD COMPANY
Largest movements
- Receivables after one year +€250,000
up €250,000 (+25.0%), from €1.0m to €1.3m
- Receivables within one year -€40,902
down €40,902 (-7.4%), from €555,692 to €514,790
of which Trade receivables: -€51,545
- Cash +€29,310
up €29,310 (+39.8%), from €73,701 to €103,011
mainly Net result for the year (+€184,916) and Other debts (+€156,750)
- Tangible fixed assets +€25,855
up €25,855 (+65.6%), from €39,390 to €65,245
- Other debts +€156,750
new in 2024: €156,750
- Tax, wage and social debts +€149,086
up €149,086 (+55.2%), from €270,055 to €419,140
- Advances received -€59,317
down €59,317 (-72.3%), from €82,028 to €22,711
- Gross operating margin -€512,328
down €512,328 (-67.5%), from €758,542 to €246,213
- Taxes -€125,338
down €125,338 (-57.7%), from €217,266 to €91,928
- Financial income +€29,119
up €29,119 (+134%), from €21,721 to €50,841
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.
Derived cash bridge
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 | €1,674,083 | €1,938,347 | +€264,264 | +15.8% |
| Fixed assets | 21/28 | €44,690 | €70,545 | +€25,855 | +57.9% |
| Intangible fixed assets | 21 | €5,000 | €5,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €39,390 | €65,245 | +€25,855 | +65.6% |
| Land and buildings | 22 | €25,525 | €31,923 | +€6,397 | +25.1% |
| Furniture and vehicles | 24 | €12,607 | €22,316 | +€9,709 | +77.0% |
| Other tangible fixed assets | 26 | €1,258 | €11,006 | +€9,748 | +775% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,629,393 | €1,867,802 | +€238,409 | +14.6% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €1,250,000 | +€250,000 | +25.0% |
| Other amounts receivable | 291 | €1,000,000 | €1,250,000 | +€250,000 | +25.0% |
| Amounts receivable within one year | 40/41 | €555,692 | €514,790 | -€40,902 | -7.4% |
| Trade receivables | 40 | €51,545 | - | -€51,545 | |
| Other amounts receivable | 41 | €504,147 | €514,790 | +€10,643 | +2.1% |
| Cash at bank and in hand | 54/58 | €73,701 | €103,011 | +€29,310 | +39.8% |
| Total equity and liabilities | 10/49 | €1,674,083 | €1,938,347 | +€264,264 | +15.8% |
| Equity | 10/15 | €1,319,830 | €1,339,746 | +€19,916 | +1.5% |
| Contributions | 10/11 | €190,600 | €190,600 | = | 0.0% |
| Reserves | 13 | €1,230,000 | €1,245,000 | +€15,000 | +1.2% |
| Distributable reserves | 133 | €1,230,000 | €1,245,000 | +€15,000 | +1.2% |
| Profit (loss) carried forward | 14 | -€100,770 | -€95,854 | +€4,916 | +4.9% |
| Amounts payable | 17/49 | €354,253 | €598,601 | +€244,348 | +69.0% |
| Amounts payable within one year | 42/48 | €354,253 | €598,601 | +€244,348 | +69.0% |
| Trade debts | 44 | €2,170 | - | -€2,170 | |
| Suppliers | 440/4 | €2,170 | - | -€2,170 | |
| Advances received on contracts in progress | 46 | €82,028 | €22,711 | -€59,317 | -72.3% |
| Taxes, remuneration and social security | 45 | €270,055 | €419,140 | +€149,086 | +55.2% |
| Taxes | 450/3 | €270,055 | €419,140 | +€149,086 | +55.2% |
| Other amounts payable | 47/48 | - | €156,750 | +€156,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,917 | €17,501 | +€5,584 | +46.9% |
| Other operating charges | 640/8 | €529 | €1,211 | +€682 | +129% |
| Gross operating margin | 9900 | €758,542 | €246,213 | -€512,328 | -67.5% |
| Operating profit (loss) | 9901 | €746,095 | €227,501 | -€518,594 | -69.5% |
| Financial income | 75/76B | €21,721 | €50,841 | +€29,119 | +134% |
| Recurring financial income | 75 | €21,721 | €50,841 | +€29,119 | +134% |
| Financial charges | 65/66B | €2,897 | €1,498 | -€1,400 | -48.3% |
| Recurring financial charges | 65 | €2,897 | €1,498 | -€1,400 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €764,919 | €276,844 | -€488,075 | -63.8% |
| Income taxes | 67/77 | €217,266 | €91,928 | -€125,338 | -57.7% |
| Profit (loss) for the period | 9904 | €547,653 | €184,916 | -€362,737 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €547,653 | €184,916 | -€362,737 | -66.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.