Maximmo: 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.
Maximmo
Largest movements
- Cash +€35,923
up €35,923 (+1340.3%), from €2,680 to €38,604
mainly Contributions, distributions and other (+€300,000) and Depreciation (+€45,156)
- Receivables within one year +€20,027
up €20,027 (+63.9%), from €31,339 to €51,366
- Tangible fixed assets +€14,844
up €14,844 (+1.5%), from €1.0m to €1.0m
of which Other tangible fixed assets: +€60,000
- Contributions +€300,000
up €300,000 (+1612.9%), from €18,600 to €318,600
- Other debts -€134,199
down €134,199 (-66.3%), from €202,422 to €68,223
- Debts after one year -€107,099
down €107,099 (-14.1%), from €760,165 to €653,067
- Profit (loss) carried forward -€24,468
down €24,468 (-123.9%), from -€19,747 to -€44,215
- Tax, wage and social debts +€18,655
up €18,655 (+2541.4%), from €734 to €19,389
of which Taxes: +€18,438
- Financial income -€450
no longer reported in 2025 (was €450)
- Depreciation -€439
down €439 (-1.0%), from €45,595 to €45,156
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 | €1,048,846 | €1,119,644 | +€70,798 | +6.8% |
| Fixed assets | 21/28 | €1,014,214 | €1,029,057 | +€14,844 | +1.5% |
| Tangible fixed assets | 22/27 | €1,014,214 | €1,029,057 | +€14,844 | +1.5% |
| Land and buildings | 22 | €945,591 | €900,435 | -€45,156 | -4.8% |
| Other tangible fixed assets | 26 | €68,622 | €128,622 | +€60,000 | +87.4% |
| Current assets | 29/58 | €34,633 | €90,587 | +€55,954 | +161.6% |
| Amounts receivable within one year | 40/41 | €31,339 | €51,366 | +€20,027 | +63.9% |
| Other amounts receivable | 41 | €31,339 | €51,366 | +€20,027 | +63.9% |
| Current investments | 50/53 | €199 | €199 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,680 | €38,604 | +€35,923 | +1340.3% |
| Deferred charges and accrued income | 490/1 | €414 | €418 | +€4 | +0.8% |
| Total equity and liabilities | 10/49 | €1,048,846 | €1,119,644 | +€70,798 | +6.8% |
| Equity | 10/15 | -€1,147 | €274,385 | +€275,532 | |
| Contributions | 10/11 | €18,600 | €318,600 | +€300,000 | +1612.9% |
| Capital | 10 | - | €318,600 | +€318,600 | |
| Issued capital | 100 | - | €318,600 | +€318,600 | |
| Profit (loss) carried forward | 14 | -€19,747 | -€44,215 | -€24,468 | -123.9% |
| Amounts payable | 17/49 | €1,049,993 | €845,259 | -€204,734 | -19.5% |
| Amounts payable after more than one year | 17 | €760,165 | €653,067 | -€107,099 | -14.1% |
| Financial debts | 170/4 | €760,165 | €653,067 | -€107,099 | -14.1% |
| Amounts payable within one year | 42/48 | €276,725 | €176,865 | -€99,860 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €55,524 | €56,590 | +€1,066 | +1.9% |
| Trade debts | 44 | €18,045 | €32,662 | +€14,618 | +81.0% |
| Suppliers | 440/4 | €18,045 | €32,662 | +€14,618 | +81.0% |
| Taxes, remuneration and social security | 45 | €734 | €19,389 | +€18,655 | +2541.4% |
| Taxes | 450/3 | - | €18,438 | +€18,438 | |
| Remuneration and social security | 454/9 | €734 | €951 | +€217 | +29.6% |
| Other amounts payable | 47/48 | €202,422 | €68,223 | -€134,199 | -66.3% |
| Accrued charges and deferred income | 492/3 | €13,103 | €15,328 | +€2,225 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,595 | €45,156 | -€439 | -1.0% |
| Other operating charges | 640/8 | €2,836 | €2,926 | +€90 | +3.2% |
| Gross operating margin | 9900 | €42,297 | €42,676 | +€379 | +0.9% |
| Operating profit (loss) | 9901 | -€6,135 | -€5,406 | +€729 | +11.9% |
| Financial income | 75/76B | €450 | - | -€450 | |
| Recurring financial income | 75 | €450 | - | -€450 | |
| Financial charges | 65/66B | €18,823 | €19,062 | +€239 | +1.3% |
| Recurring financial charges | 65 | €18,823 | €19,062 | +€239 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€24,508 | -€24,468 | +€40 | +0.2% |
| Profit (loss) for the period | 9904 | -€24,508 | -€24,468 | +€40 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,508 | -€24,468 | +€40 | +0.2% |
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 9 October 2026 via checked.be.