Maxcore: 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.
Maxcore
Largest movements
- Tangible fixed assets -€49,701
down €49,701 (-3.9%), from €1.3m to €1.2m
of which Land and buildings: -€48,956
- Cash -€13,318
down €13,318 (-51.7%), from €25,774 to €12,456
mainly Net result for the year (-€34,884) and Debts after one year (-€28,000)
- Profit (loss) carried forward -€34,884
down €34,884 (-5.6%), from -€618,927 to -€653,811
- Debts after one year -€28,000
down €28,000 (-2.7%), from €1.0m to €1.0m
- Other operating charges +€10,722
up €10,722 (+1170.9%), from €916 to €11,637
- Gross operating margin +€9,924
up €9,924 (+37.1%), from €26,775 to €36,699
- Depreciation -€729
down €729 (-1.4%), from €50,431 to €49,701
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.
Cash bridge derived
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 | €1,301,361 | €1,238,342 | -€63,019 | -4.8% |
| Fixed assets | 21/28 | €1,275,587 | €1,225,885 | -€49,701 | -3.9% |
| Tangible fixed assets | 22/27 | €1,273,647 | €1,223,945 | -€49,701 | -3.9% |
| Land and buildings | 22 | €1,272,901 | €1,223,945 | -€48,956 | -3.8% |
| Furniture and vehicles | 24 | €746 | - | -€746 | |
| Financial fixed assets | 28 | €1,940 | €1,940 | = | 0.0% |
| Current assets | 29/58 | €25,774 | €12,456 | -€13,318 | -51.7% |
| Cash at bank and in hand | 54/58 | €25,774 | €12,456 | -€13,318 | -51.7% |
| Total equity and liabilities | 10/49 | €1,301,361 | €1,238,342 | -€63,019 | -4.8% |
| Equity | 10/15 | €261,073 | €226,189 | -€34,884 | -13.4% |
| Contributions | 10/11 | €880,000 | €880,000 | = | 0.0% |
| Capital | 10 | €880,000 | €880,000 | = | 0.0% |
| Issued capital | 100 | €880,000 | €880,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€618,927 | -€653,811 | -€34,884 | -5.6% |
| Amounts payable | 17/49 | €1,040,288 | €1,012,153 | -€28,135 | -2.7% |
| Amounts payable after more than one year | 17 | €1,030,000 | €1,002,000 | -€28,000 | -2.7% |
| Financial debts | 170/4 | €1,030,000 | €1,002,000 | -€28,000 | -2.7% |
| Accrued charges and deferred income | 492/3 | €10,288 | €10,153 | -€135 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,431 | €49,701 | -€729 | -1.4% |
| Other operating charges | 640/8 | €916 | €11,637 | +€10,722 | +1170.9% |
| Gross operating margin | 9900 | €26,775 | €36,699 | +€9,924 | +37.1% |
| Operating profit (loss) | 9901 | -€24,571 | -€24,640 | -€68 | -0.3% |
| Financial charges | 65/66B | €10,357 | €10,244 | -€113 | -1.1% |
| Recurring financial charges | 65 | €10,357 | €10,244 | -€113 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€34,928 | -€34,884 | +€44 | +0.1% |
| Profit (loss) for the period | 9904 | -€34,928 | -€34,884 | +€44 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,928 | -€34,884 | +€44 | +0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.