MAXFAC Antwerpen: 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.
MAXFAC Antwerpen
Largest movements
- Cash +€75,504
up €75,504 (+95.7%), from €78,892 to €154,395
mainly Net result for the year (+€86,687) and Other debts (+€26,953)
- Tangible fixed assets +€5,157
up €5,157 (+18.8%), from €27,501 to €32,658
of which Plant, machinery and equipment: +€9,761
- Deferred charges and accrued income -€2,922
down €2,922 (-65.0%), from €4,499 to €1,576
- Profit (loss) carried forward +€57,094
up €57,094, from -€57,094 to €0
- Other debts +€26,953
up €26,953 (+228.9%), from €11,774 to €38,727
- Trade debts -€14,432
down €14,432 (-99.5%), from €14,506 to €74
- Tax, wage and social debts +€9,128
up €9,128 (+173.9%), from €5,250 to €14,378
- Gross operating margin +€154,014
up €154,014, from -€45,811 to €108,203
- Taxes +€11,380
up €11,380 (+3055.6%), from €372 to €11,753
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 | €117,519 | €195,464 | +€77,945 | +66.3% |
| Fixed assets | 21/28 | €27,501 | €32,658 | +€5,157 | +18.8% |
| Tangible fixed assets | 22/27 | €27,501 | €32,658 | +€5,157 | +18.8% |
| Plant, machinery and equipment | 23 | €4,946 | €14,706 | +€9,761 | +197.4% |
| Furniture and vehicles | 24 | €22,555 | €17,952 | -€4,603 | -20.4% |
| Current assets | 29/58 | €90,018 | €162,805 | +€72,787 | +80.9% |
| Amounts receivable within one year | 40/41 | €6,628 | €6,834 | +€206 | +3.1% |
| Trade receivables | 40 | - | €206 | +€206 | |
| Other amounts receivable | 41 | €6,628 | €6,628 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,892 | €154,395 | +€75,504 | +95.7% |
| Deferred charges and accrued income | 490/1 | €4,499 | €1,576 | -€2,922 | -65.0% |
| Total equity and liabilities | 10/49 | €117,519 | €195,464 | +€77,945 | +66.3% |
| Equity | 10/15 | €85,190 | €142,284 | +€57,094 | +67.0% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €142,164 | €142,164 | = | 0.0% |
| Distributable reserves | 133 | €142,164 | €142,164 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,094 | €0 | +€57,094 | |
| Amounts payable | 17/49 | €32,329 | €53,180 | +€20,851 | +64.5% |
| Amounts payable within one year | 42/48 | €31,530 | €53,180 | +€21,649 | +68.7% |
| Trade debts | 44 | €14,506 | €74 | -€14,432 | -99.5% |
| Suppliers | 440/4 | €14,506 | €74 | -€14,432 | -99.5% |
| Taxes, remuneration and social security | 45 | €5,250 | €14,378 | +€9,128 | +173.9% |
| Taxes | 450/3 | €5,250 | €14,378 | +€9,128 | +173.9% |
| Other amounts payable | 47/48 | €11,774 | €38,727 | +€26,953 | +228.9% |
| Accrued charges and deferred income | 492/3 | €799 | €0 | -€799 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,572 | €9,302 | -€270 | -2.8% |
| Other operating charges | 640/8 | €411 | €386 | -€25 | -6.0% |
| Gross operating margin | 9900 | -€45,811 | €108,203 | +€154,014 | |
| Operating profit (loss) | 9901 | -€55,794 | €98,514 | +€154,309 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -100.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100.0% |
| Financial charges | 65/66B | €934 | €75 | -€859 | -92.0% |
| Recurring financial charges | 65 | €934 | €75 | -€859 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | -€56,722 | €98,439 | +€155,161 | |
| Income taxes | 67/77 | €372 | €11,753 | +€11,380 | +3055.6% |
| Profit (loss) for the period | 9904 | -€57,094 | €86,687 | +€143,781 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,094 | €86,687 | +€143,781 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.