MAXICOMPANY: 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.
MAXICOMPANY
Largest movements
- Receivables within one year +€36,679
up €36,679 (+176%), from €20,873 to €57,553
of which Other amounts receivable: +€43,396
- Cash -€17,942
down €17,942 (-39.6%), from €45,278 to €27,335
mainly Receivables within one year (-€36,679) and Short-term financial debts (-€15,000)
- Tangible fixed assets -€2,378
down €2,378 (-3.1%), from €76,853 to €74,475
of which Land and buildings: -€2,180
- Reserves +€35,293
up €35,293 (+36.5%), from €96,753 to €132,046
- Short-term financial debts -€15,000
no longer reported in 2025 (was €15,000)
- Other debts -€6,449
no longer reported in 2025 (was €6,449)
- Tax, wage and social debts +€4,398
up €4,398 (+20.8%), from €21,109 to €25,507
- Trade debts -€2,113
down €2,113 (-61.4%), from €3,438 to €1,326
- Gross operating margin -€32,732
down €32,732 (-35.4%), from €92,488 to €59,756
- Depreciation -€17,910
down €17,910 (-88.3%), from €20,288 to €2,378
- Taxes -€3,539
down €3,539 (-13.8%), from €25,611 to €22,071
- Financial income +€1,314
up €1,314 (+131,441%), from €1 to €1,315
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.
Derived cash bridge
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 | €148,950 | €165,079 | +€16,129 | +10.8% |
| Fixed assets | 21/28 | €81,512 | €79,134 | -€2,378 | -2.9% |
| Tangible fixed assets | 22/27 | €76,853 | €74,475 | -€2,378 | -3.1% |
| Land and buildings | 22 | €59,342 | €57,163 | -€2,180 | -3.7% |
| Plant, machinery and equipment | 23 | €198 | - | -€198 | |
| Other tangible fixed assets | 26 | €17,312 | €17,312 | = | 0.0% |
| Financial fixed assets | 28 | €4,660 | €4,660 | = | 0.0% |
| Current assets | 29/58 | €67,437 | €85,945 | +€18,507 | +27.4% |
| Amounts receivable within one year | 40/41 | €20,873 | €57,553 | +€36,679 | +176% |
| Trade receivables | 40 | €20,873 | €14,157 | -€6,716 | -32.2% |
| Other amounts receivable | 41 | - | €43,396 | +€43,396 | |
| Cash at bank and in hand | 54/58 | €45,278 | €27,335 | -€17,942 | -39.6% |
| Deferred charges and accrued income | 490/1 | €1,286 | €1,057 | -€230 | -17.9% |
| Total equity and liabilities | 10/49 | €148,950 | €165,079 | +€16,129 | +10.8% |
| Equity | 10/15 | €102,953 | €138,246 | +€35,293 | +34.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,753 | €132,046 | +€35,293 | +36.5% |
| Distributable reserves | 133 | €96,753 | €132,046 | +€35,293 | +36.5% |
| Amounts payable | 17/49 | €45,997 | €26,833 | -€19,164 | -41.7% |
| Amounts payable within one year | 42/48 | €45,997 | €26,833 | -€19,164 | -41.7% |
| Financial debts | 43 | €15,000 | - | -€15,000 | |
| Credit institutions | 430/8 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €3,438 | €1,326 | -€2,113 | -61.4% |
| Suppliers | 440/4 | €3,438 | €1,326 | -€2,113 | -61.4% |
| Taxes, remuneration and social security | 45 | €21,109 | €25,507 | +€4,398 | +20.8% |
| Taxes | 450/3 | €21,109 | €25,507 | +€4,398 | +20.8% |
| Other amounts payable | 47/48 | €6,449 | - | -€6,449 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,288 | €2,378 | -€17,910 | -88.3% |
| Other operating charges | 640/8 | €1,123 | €725 | -€398 | -35.4% |
| Gross operating margin | 9900 | €92,488 | €59,756 | -€32,732 | -35.4% |
| Operating profit (loss) | 9901 | €71,078 | €56,654 | -€14,424 | -20.3% |
| Financial income | 75/76B | €1 | €1,315 | +€1,314 | +131,441% |
| Recurring financial income | 75 | €1 | €1,315 | +€1,314 | +131,441% |
| Financial charges | 65/66B | €589 | €604 | +€15 | +2.6% |
| Recurring financial charges | 65 | €589 | €604 | +€15 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €70,489 | €57,365 | -€13,125 | -18.6% |
| Income taxes | 67/77 | €25,611 | €22,071 | -€3,539 | -13.8% |
| Profit (loss) for the period | 9904 | €44,879 | €35,293 | -€9,585 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,879 | €35,293 | -€9,585 | -21.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.