MAXIME and Co: 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.
MAXIME and Co
Largest movements
- Cash -€10,646
down €10,646 (-17.6%), from €60,446 to €49,800
mainly Net result for the year (-€16,851) and Receivables after one year (-€6,551)
- Receivables after one year +€6,551
new in 2025: €6,551
- Receivables within one year -€2,991
no longer reported in 2025 (was €2,991)
- Tangible fixed assets -€1,458
down €1,458 (-3.5%), from €41,288 to €39,830
of which Land and buildings: -€3,888
- Profit (loss) carried forward -€16,851
down €16,851 (-25.8%), from €65,236 to €48,386
- Trade debts +€6,916
up €6,916 (+1,118%), from €619 to €7,535
- Other debts +€2,374
up €2,374 (+16.9%), from €14,014 to €16,388
- Gross operating margin -€24,802
down €24,802, from €16,704 to -€8,099
- Taxes -€2,821
down €2,821 (-96.0%), from €2,939 to €118
- Other operating charges +€956
up €956 (+37.5%), from €2,548 to €3,505
- Depreciation +€503
up €503 (+11.4%), from €4,397 to €4,900
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 | €104,726 | €96,181 | -€8,545 | -8.2% |
| Fixed assets | 21/28 | €41,288 | €39,830 | -€1,458 | -3.5% |
| Tangible fixed assets | 22/27 | €41,288 | €39,830 | -€1,458 | -3.5% |
| Land and buildings | 22 | €40,964 | €37,076 | -€3,888 | -9.5% |
| Plant, machinery and equipment | 23 | - | €2,754 | +€2,754 | |
| Furniture and vehicles | 24 | €324 | €0 | -€324 | -100.0% |
| Current assets | 29/58 | €63,437 | €56,351 | -€7,086 | -11.2% |
| Amounts receivable after more than one year | 29 | - | €6,551 | +€6,551 | |
| Trade receivables | 290 | - | €6,551 | +€6,551 | |
| Amounts receivable within one year | 40/41 | €2,991 | - | -€2,991 | |
| Trade receivables | 40 | €2,991 | - | -€2,991 | |
| Cash at bank and in hand | 54/58 | €60,446 | €49,800 | -€10,646 | -17.6% |
| Total equity and liabilities | 10/49 | €104,726 | €96,181 | -€8,545 | -8.2% |
| Equity | 10/15 | €85,688 | €68,837 | -€16,851 | -19.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,236 | €48,386 | -€16,851 | -25.8% |
| Amounts payable | 17/49 | €19,038 | €27,344 | +€8,306 | +43.6% |
| Amounts payable within one year | 42/48 | €19,038 | €27,344 | +€8,306 | +43.6% |
| Trade debts | 44 | €619 | €7,535 | +€6,916 | +1,118% |
| Suppliers | 440/4 | €619 | €7,535 | +€6,916 | +1,118% |
| Taxes, remuneration and social security | 45 | €4,406 | €3,421 | -€984 | -22.3% |
| Taxes | 450/3 | €4,406 | €3,421 | -€984 | -22.3% |
| Other amounts payable | 47/48 | €14,014 | €16,388 | +€2,374 | +16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,397 | €4,900 | +€503 | +11.4% |
| Other operating charges | 640/8 | €2,548 | €3,505 | +€956 | +37.5% |
| Gross operating margin | 9900 | €16,704 | -€8,099 | -€24,802 | |
| Operating profit (loss) | 9901 | €9,758 | -€16,504 | -€26,262 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €316 | €229 | -€87 | -27.5% |
| Recurring financial charges | 65 | €316 | €229 | -€87 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €9,444 | -€16,733 | -€26,177 | |
| Income taxes | 67/77 | €2,939 | €118 | -€2,821 | -96.0% |
| Profit (loss) for the period | 9904 | €6,505 | -€16,851 | -€23,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,505 | -€16,851 | -€23,356 |
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 13 October 2026 via checked.be.