MAXIME KROONEN: 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.
MAXIME KROONEN
Largest movements
- Receivables within one year -€4,072
down €4,072 (-92.6%), from €4,399 to €328
of which Trade receivables: -€3,714
- Cash +€463
up €463 (+29.6%), from €1,565 to €2,027
mainly Receivables within one year (+€4,072) and Deferred charges and accrued income (+€455)
- Deferred charges and accrued income -€455
down €455 (-89.9%), from €506 to €51
- Other debts -€2,488
down €2,488 (-24.2%), from €10,268 to €7,781
- Trade debts -€1,784
down €1,784 (-58.0%), from €3,075 to €1,291
- Profit (loss) carried forward +€208
up €208 (+0.8%), from -€26,617 to -€26,409
- Gross operating margin -€6,431
down €6,431, from €4,463 to -€1,969
- Financial income +€3,306
new in 2025: €3,306
of which Financial income: +€3,306
- Other operating charges +€419
up €419 (+68.3%), from €614 to €1,033
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 | €6,470 | €2,406 | -€4,064 | -62.8% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €6,470 | €2,406 | -€4,064 | -62.8% |
| Amounts receivable within one year | 40/41 | €4,399 | €328 | -€4,072 | -92.6% |
| Trade receivables | 40 | €3,714 | €0 | -€3,714 | -100.0% |
| Other amounts receivable | 41 | €685 | €328 | -€358 | -52.2% |
| Cash at bank and in hand | 54/58 | €1,565 | €2,027 | +€463 | +29.6% |
| Deferred charges and accrued income | 490/1 | €506 | €51 | -€455 | -89.9% |
| Total equity and liabilities | 10/49 | €6,470 | €2,406 | -€4,064 | -62.8% |
| Equity | 10/15 | -€6,873 | -€6,665 | +€208 | +3.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €13,546 | €13,546 | = | 0.0% |
| Distributable reserves | 133 | €13,546 | €13,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,617 | -€26,409 | +€208 | +0.8% |
| Amounts payable | 17/49 | €13,343 | €9,072 | -€4,272 | -32.0% |
| Amounts payable within one year | 42/48 | €13,343 | €9,072 | -€4,272 | -32.0% |
| Trade debts | 44 | €3,075 | €1,291 | -€1,784 | -58.0% |
| Suppliers | 440/4 | €3,075 | €1,291 | -€1,784 | -58.0% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €10,268 | €7,781 | -€2,488 | -24.2% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Other operating charges | 640/8 | €614 | €1,033 | +€419 | +68.3% |
| Gross operating margin | 9900 | €4,463 | -€1,969 | -€6,431 | |
| Operating profit (loss) | 9901 | €3,849 | -€3,001 | -€6,850 | |
| Financial income | 75/76B | - | €3,306 | +€3,306 | |
| Recurring financial income | 75 | - | €3,306 | +€3,306 | |
| Non-recurring financial income | 76B | - | €3,306 | +€3,306 | |
| Financial charges | 65/66B | €95 | €96 | +€1 | +1.4% |
| Recurring financial charges | 65 | €95 | €96 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €3,754 | €208 | -€3,546 | -94.5% |
| Profit (loss) for the period | 9904 | €3,754 | €208 | -€3,546 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,754 | €208 | -€3,546 | -94.5% |
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 6 October 2026 via checked.be.