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Maxicon Engineering: 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.

What changed

Maxicon Engineering

BE 0802.134.075
NACE 78.100, Employment placement agencies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€261,376
2024 · -€147,042+€408,419
Equity
€314,334
2024 · €152,958+€161,376
Cash
€338,052
2024 · €78,778+€259,274
Balance sheet total
€1.2m
2024 · €212,973+€972,129

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€712,855

    up €712,855 (+531.4%), from €134,135 to €846,991

    of which Trade receivables: +€685,002

  • Cash +€259,274

    up €259,274 (+329.1%), from €78,778 to €338,052

    mainly Other debts (+€310,030) and Tax, wage and social debts (+€271,799)

Equity and liabilities
  • Other debts +€310,030

    new in 2025: €310,030

  • Tax, wage and social debts +€271,799

    up €271,799 (+992.4%), from €27,389 to €299,188

    of which Remuneration and social security: +€192,084

  • Profit (loss) carried forward +€147,042

    up €147,042, from -€147,042 to €0

  • Trade debts +€145,411

    up €145,411 (+445.7%), from €32,626 to €178,037

  • Short-term financial debts +€83,513

    new in 2025: €83,513

Income statement
  • Gross operating margin +€1.9m

    up €1.9m (+2226.6%), from €86,731 to €2.0m

  • Staff costs +€1.4m

    up €1.4m (+635.0%), from €224,520 to €1.7m

  • Taxes +€65,553

    new in 2025: €65,553

  • Financial charges +€21,001

    up €21,001 (+287.3%), from €7,310 to €28,311

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€147,042
Gross operating margin +€1.9m
Staff costs -€1.4m
Other operating charges -€11,769
Financial income +€1,213
Financial charges -€21,001
Taxes -€65,553
Result 2025 €261,376

Cash bridge derived

cash 2024 to 2025

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.

From operations +€275,761
Investment €0
Financing -€16,487
Cash 2024 €78,778
Net result for the year +€261,376
Receivables within one year -€712,855
Trade debts +€145,411
Tax, wage and social debts +€271,799
Other debts +€310,030
Short-term financial debts +€83,513
Contributions, distributions and other -€100,000
Cash 2025 €338,052
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €212,973 €1,185,102 +€972,129 +456.5%
Fixed assets 21/28 €60 €60 = 0.0%
Financial fixed assets 28 €60 €60 = 0.0%
Current assets 29/58 €212,913 €1,185,042 +€972,129 +456.6%
Amounts receivable within one year 40/41 €134,135 €846,991 +€712,855 +531.4%
Trade receivables 40 €126,989 €811,991 +€685,002 +539.4%
Other amounts receivable 41 €7,146 €35,000 +€27,854 +389.8%
Cash at bank and in hand 54/58 €78,778 €338,052 +€259,274 +329.1%
Total equity and liabilities 10/49 €212,973 €1,185,102 +€972,129 +456.5%
Equity 10/15 €152,958 €314,334 +€161,376 +105.5%
Contributions 10/11 €300,000 €300,000 = 0.0%
Capital 10 €300,000 €300,000 = 0.0%
Issued capital 100 €300,000 €300,000 = 0.0%
Reserves 13 - €14,334 +€14,334
Non-distributable reserves 130/1 - €14,000 +€14,000
Legal reserve 130 - €14,000 +€14,000
Distributable reserves 133 - €334 +€334
Profit (loss) carried forward 14 -€147,042 €0 +€147,042
Amounts payable 17/49 €60,015 €870,768 +€810,753 +1350.9%
Amounts payable within one year 42/48 €60,015 €870,768 +€810,753 +1350.9%
Financial debts 43 - €83,513 +€83,513
Credit institutions 430/8 - €83,513 +€83,513
Trade debts 44 €32,626 €178,037 +€145,411 +445.7%
Suppliers 440/4 €32,626 €178,037 +€145,411 +445.7%
Taxes, remuneration and social security 45 €27,389 €299,188 +€271,799 +992.4%
Taxes 450/3 €6,268 €85,984 +€79,715 +1271.7%
Remuneration and social security 454/9 €21,121 €213,204 +€192,084 +909.5%
Other amounts payable 47/48 - €310,030 +€310,030
Remuneration, social security and pensions 62 €224,520 €1,650,157 +€1.4m +635.0%
Other operating charges 640/8 €3,406 €15,175 +€11,769 +345.5%
Gross operating margin 9900 €86,731 €2,017,896 +€1.9m +2226.6%
Operating profit (loss) 9901 -€141,195 €352,564 +€493,760
Financial income 75/76B €1,463 €2,677 +€1,213 +82.9%
Recurring financial income 75 €1,463 €2,677 +€1,213 +82.9%
Financial charges 65/66B €7,310 €28,311 +€21,001 +287.3%
Recurring financial charges 65 €7,310 €28,311 +€21,001 +287.3%
Profit (loss) for the period before taxes 9903 -€147,042 €326,930 +€473,972
Income taxes 67/77 - €65,553 +€65,553
Profit (loss) for the period 9904 -€147,042 €261,376 +€408,419
Profit (loss) for the period to be appropriated 9905 -€147,042 €261,376 +€408,419

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 29 September 2026 via checked.be.