MAXICOP: 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.
MAXICOP
Largest movements
- Cash +€18,696
up €18,696 (+45.0%), from €41,554 to €60,250
mainly Other debts (+€34,885) and Depreciation (+€6,448)
- Tangible fixed assets -€6,448
down €6,448 (-38.3%), from €16,844 to €10,396
of which Furniture and vehicles: -€3,339
- Deferred charges and accrued income -€2,840
down €2,840 (-50.0%), from €5,680 to €2,840
- Stocks and contracts -€1,788
down €1,788 (-19.4%), from €9,214 to €7,426
- Receivables within one year +€1,190
up €1,190 (+21.2%), from €5,620 to €6,810
of which Other amounts receivable: +€3,287
- Other debts +€34,885
new in 2024: €34,885
- Tax, wage and social debts -€18,346
down €18,346 (-81.6%), from €22,479 to €4,133
of which Taxes: -€11,053
- Profit (loss) carried forward -€5,240
down €5,240 (-29.0%), from €18,043 to €12,803
- Trade debts -€2,489
down €2,489 (-36.8%), from €6,772 to €4,283
- Gross operating margin +€32,074
up €32,074 (+155%), from €20,737 to €52,811
- Staff costs -€28,104
down €28,104 (-39.2%), from €71,620 to €43,516
- Taxes +€3,740
up €3,740 (+839%), from €446 to €4,186
- Depreciation +€619
up €619 (+10.6%), from €5,829 to €6,448
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.
Derived cash bridge
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 | €85,512 | €94,322 | +€8,810 | +10.3% |
| Fixed assets | 21/28 | €23,444 | €16,996 | -€6,448 | -27.5% |
| Tangible fixed assets | 22/27 | €16,844 | €10,396 | -€6,448 | -38.3% |
| Plant, machinery and equipment | 23 | €6,839 | €4,330 | -€2,509 | -36.7% |
| Furniture and vehicles | 24 | €4,429 | €1,090 | -€3,339 | -75.4% |
| Other tangible fixed assets | 26 | €5,576 | €4,976 | -€600 | -10.8% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €62,068 | €77,326 | +€15,258 | +24.6% |
| Stocks and contracts in progress | 3 | €9,214 | €7,426 | -€1,788 | -19.4% |
| Stocks | 30/36 | €9,214 | €7,426 | -€1,788 | -19.4% |
| Amounts receivable within one year | 40/41 | €5,620 | €6,810 | +€1,190 | +21.2% |
| Trade receivables | 40 | €2,097 | - | -€2,097 | |
| Other amounts receivable | 41 | €3,523 | €6,810 | +€3,287 | +93.3% |
| Cash at bank and in hand | 54/58 | €41,554 | €60,250 | +€18,696 | +45.0% |
| Deferred charges and accrued income | 490/1 | €5,680 | €2,840 | -€2,840 | -50.0% |
| Total equity and liabilities | 10/49 | €85,512 | €94,322 | +€8,810 | +10.3% |
| Equity | 10/15 | €56,261 | €51,021 | -€5,240 | -9.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €13,429 | €13,429 | = | 0.0% |
| Distributable reserves | 133 | €13,429 | €13,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,043 | €12,803 | -€5,240 | -29.0% |
| Amounts payable | 17/49 | €29,251 | €43,301 | +€14,050 | +48.0% |
| Amounts payable within one year | 42/48 | €29,251 | €43,301 | +€14,050 | +48.0% |
| Trade debts | 44 | €6,772 | €4,283 | -€2,489 | -36.8% |
| Suppliers | 440/4 | €6,772 | €4,283 | -€2,489 | -36.8% |
| Taxes, remuneration and social security | 45 | €22,479 | €4,133 | -€18,346 | -81.6% |
| Taxes | 450/3 | €13,185 | €2,132 | -€11,053 | -83.8% |
| Remuneration and social security | 454/9 | €9,294 | €2,001 | -€7,293 | -78.5% |
| Other amounts payable | 47/48 | - | €34,885 | +€34,885 | |
| Remuneration, social security and pensions | 62 | €71,620 | €43,516 | -€28,104 | -39.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,829 | €6,448 | +€619 | +10.6% |
| Other operating charges | 640/8 | €1,628 | €1,639 | +€11 | +0.7% |
| Gross operating margin | 9900 | €20,737 | €52,811 | +€32,074 | +155% |
| Operating profit (loss) | 9901 | -€58,340 | €1,208 | +€59,548 | |
| Financial income | 75/76B | €341 | €1 | -€340 | -99.7% |
| Recurring financial income | 75 | €341 | €1 | -€340 | -99.7% |
| Financial charges | 65/66B | €1,972 | €2,263 | +€291 | +14.8% |
| Recurring financial charges | 65 | €1,972 | €2,263 | +€291 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | -€59,971 | -€1,054 | +€58,917 | +98.2% |
| Income taxes | 67/77 | €446 | €4,186 | +€3,740 | +839% |
| Profit (loss) for the period | 9904 | -€60,417 | -€5,240 | +€55,177 | +91.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€60,417 | -€5,240 | +€55,177 | +91.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.