MAXELI Consulting: 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.
MAXELI Consulting
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-25.0%), from €80,000 to €60,000
- Receivables within one year +€19,538
up €19,538 (+80.2%), from €24,370 to €43,908
- Cash -€15,116
down €15,116 (-27.7%), from €54,585 to €39,469
mainly Other debts (-€81,528) and Receivables within one year (-€19,538)
- Tangible fixed assets +€4,007
new in 2025: €4,007
of which Other tangible fixed assets: +€2,608
- Other debts -€81,528
down €81,528 (-89.2%), from €91,364 to €9,836
- Profit (loss) carried forward +€56,442
up €56,442 (+127.4%), from €44,319 to €100,762
- Tax, wage and social debts +€9,272
up €9,272 (+48.3%), from €19,179 to €28,451
- Accrued charges and deferred income +€3,606
new in 2025: €3,606
- Gross operating margin +€17,978
up €17,978 (+22.2%), from €81,071 to €99,049
- Taxes +€4,202
up €4,202 (+30.9%), from €13,603 to €17,804
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 | €159,471 | €147,832 | -€11,639 | -7.3% |
| Fixed assets | 21/28 | €80,000 | €64,007 | -€15,993 | -20.0% |
| Intangible fixed assets | 21 | €80,000 | €60,000 | -€20,000 | -25.0% |
| Tangible fixed assets | 22/27 | - | €4,007 | +€4,007 | |
| Furniture and vehicles | 24 | - | €1,400 | +€1,400 | |
| Other tangible fixed assets | 26 | - | €2,608 | +€2,608 | |
| Current assets | 29/58 | €79,471 | €83,825 | +€4,353 | +5.5% |
| Amounts receivable within one year | 40/41 | €24,370 | €43,908 | +€19,538 | +80.2% |
| Trade receivables | 40 | €24,370 | €43,908 | +€19,538 | +80.2% |
| Cash at bank and in hand | 54/58 | €54,585 | €39,469 | -€15,116 | -27.7% |
| Deferred charges and accrued income | 490/1 | €516 | €448 | -€68 | -13.2% |
| Total equity and liabilities | 10/49 | €159,471 | €147,832 | -€11,639 | -7.3% |
| Equity | 10/15 | €47,319 | €103,762 | +€56,442 | +119.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,319 | €100,762 | +€56,442 | +127.4% |
| Amounts payable | 17/49 | €112,152 | €44,071 | -€68,082 | -60.7% |
| Amounts payable within one year | 42/48 | €112,152 | €40,465 | -€71,687 | -63.9% |
| Trade debts | 44 | €1,609 | €2,177 | +€569 | +35.4% |
| Suppliers | 440/4 | €1,609 | €2,177 | +€569 | +35.4% |
| Taxes, remuneration and social security | 45 | €19,179 | €28,451 | +€9,272 | +48.3% |
| Taxes | 450/3 | €19,179 | €28,451 | +€9,272 | +48.3% |
| Other amounts payable | 47/48 | €91,364 | €9,836 | -€81,528 | -89.2% |
| Accrued charges and deferred income | 492/3 | - | €3,606 | +€3,606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,000 | €20,163 | +€163 | +0.8% |
| Other operating charges | 640/8 | €2,895 | €3,501 | +€606 | +20.9% |
| Gross operating margin | 9900 | €81,071 | €99,049 | +€17,978 | +22.2% |
| Operating profit (loss) | 9901 | €58,176 | €75,385 | +€17,209 | +29.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €254 | €1,140 | +€886 | +348.8% |
| Recurring financial charges | 65 | €254 | €1,140 | +€886 | +348.8% |
| Profit (loss) for the period before taxes | 9903 | €57,922 | €74,247 | +€16,325 | +28.2% |
| Income taxes | 67/77 | €13,603 | €17,804 | +€4,202 | +30.9% |
| Profit (loss) for the period | 9904 | €44,319 | €56,442 | +€12,123 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,319 | €56,442 | +€12,123 | +27.4% |
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 3 October 2026 via checked.be.