MAXIMISE: 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.
MAXIMISE
Largest movements
- Receivables within one year +€30,788
up €30,788 (+43.1%), from €71,475 to €102,263
of which Trade receivables: +€30,147
- Profit (loss) carried forward +€13,476
up €13,476 (+41.3%), from €32,662 to €46,138
- Trade debts +€12,144
up €12,144 (+28.5%), from €42,647 to €54,791
- Tax, wage and social debts +€4,087
new in 2023: €4,087
- Short-term financial debts +€1,941
new in 2023: €1,941
- Gross operating margin -€57,348
down €57,348 (-82.5%), from €69,500 to €12,152
- Write-downs -€45,640
down €45,640, from €39,020 to -€6,620
- Financial charges -€4,740
down €4,740 (-92.6%), from €5,119 to €379
- Depreciation -€3,058
down €3,058 (-99.5%), from €3,073 to €15
- Taxes -€2,151
down €2,151 (-34.5%), from €6,238 to €4,087
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,709 | €111,378 | +€31,669 | +39.7% |
| Fixed assets | 21/28 | €8,234 | €9,062 | +€828 | +10.1% |
| Tangible fixed assets | 22/27 | €8,234 | €9,062 | +€828 | +10.1% |
| Furniture and vehicles | 24 | €8,234 | €9,062 | +€828 | +10.1% |
| Current assets | 29/58 | €71,475 | €102,316 | +€30,841 | +43.1% |
| Amounts receivable within one year | 40/41 | €71,475 | €102,263 | +€30,788 | +43.1% |
| Trade receivables | 40 | €71,475 | €101,622 | +€30,147 | +42.2% |
| Other amounts receivable | 41 | - | €641 | +€641 | |
| Cash at bank and in hand | 54/58 | - | €53 | +€53 | |
| Total equity and liabilities | 10/49 | €79,709 | €111,378 | +€31,669 | +39.7% |
| Equity | 10/15 | €37,062 | €50,538 | +€13,476 | +36.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Contributions outside capital | 11 | €4,000 | - | -€4,000 | |
| Share premium | 1100/10 | €4,000 | - | -€4,000 | |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Legal reserve | 130 | €400 | - | -€400 | |
| Reserves not available under the articles | 1311 | - | €400 | +€400 | |
| Profit (loss) carried forward | 14 | €32,662 | €46,138 | +€13,476 | +41.3% |
| Amounts payable | 17/49 | €42,647 | €60,840 | +€18,193 | +42.7% |
| Amounts payable within one year | 42/48 | €42,647 | €60,840 | +€18,193 | +42.7% |
| Financial debts | 43 | - | €1,941 | +€1,941 | |
| Credit institutions | 430/8 | - | €1,941 | +€1,941 | |
| Trade debts | 44 | €42,647 | €54,791 | +€12,144 | +28.5% |
| Suppliers | 440/4 | €42,647 | €54,791 | +€12,144 | +28.5% |
| Taxes, remuneration and social security | 45 | - | €4,087 | +€4,087 | |
| Taxes | 450/3 | - | €4,087 | +€4,087 | |
| Other amounts payable | 47/48 | - | €21 | +€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,073 | €15 | -€3,058 | -99.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €39,020 | -€6,620 | -€45,640 | |
| Other operating charges | 640/8 | - | €815 | +€815 | |
| Gross operating margin | 9900 | €69,500 | €12,152 | -€57,348 | -82.5% |
| Operating profit (loss) | 9901 | €27,407 | €17,942 | -€9,465 | -34.5% |
| Financial income | 75/76B | €1,556 | - | -€1,556 | |
| Recurring financial income | 75 | €1,556 | - | -€1,556 | |
| Financial charges | 65/66B | €5,119 | €379 | -€4,740 | -92.6% |
| Recurring financial charges | 65 | €5,119 | €379 | -€4,740 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €23,844 | €17,563 | -€6,281 | -26.3% |
| Income taxes | 67/77 | €6,238 | €4,087 | -€2,151 | -34.5% |
| Profit (loss) for the period | 9904 | €17,606 | €13,476 | -€4,130 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,606 | €13,476 | -€4,130 | -23.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.