MAXIMON: 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.
MAXIMON
Largest movements
- Cash +€75,184
up €75,184 (+3787.3%), from €1,985 to €77,170
mainly Net result for the year (+€117,629) and Tax, wage and social debts (+€39,599)
- Deferred charges and accrued income +€72,591
up €72,591 (+1039.2%), from €6,985 to €79,576
- Tangible fixed assets +€14,058
new in 2025: €14,058
of which Plant, machinery and equipment: +€12,376
- Profit (loss) carried forward +€117,629
up €117,629 (+3339.1%), from €3,523 to €121,152
- Tax, wage and social debts +€39,599
up €39,599 (+2933.5%), from €1,350 to €40,949
- Trade debts +€5,962
up €5,962 (+397.5%), from €1,500 to €7,462
- Gross operating margin +€153,058
up €153,058 (+3068.4%), from €4,988 to €158,046
- Taxes +€38,249
up €38,249 (+2833.5%), from €1,350 to €39,599
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 | €8,970 | €172,063 | +€163,092 | +1818.1% |
| Fixed assets | 21/28 | - | €14,058 | +€14,058 | |
| Tangible fixed assets | 22/27 | - | €14,058 | +€14,058 | |
| Plant, machinery and equipment | 23 | - | €12,376 | +€12,376 | |
| Furniture and vehicles | 24 | - | €1,683 | +€1,683 | |
| Current assets | 29/58 | €8,970 | €158,004 | +€149,034 | +1661.4% |
| Amounts receivable within one year | 40/41 | - | €1,259 | +€1,259 | |
| Other amounts receivable | 41 | - | €1,259 | +€1,259 | |
| Cash at bank and in hand | 54/58 | €1,985 | €77,170 | +€75,184 | +3787.3% |
| Deferred charges and accrued income | 490/1 | €6,985 | €79,576 | +€72,591 | +1039.2% |
| Total equity and liabilities | 10/49 | €8,970 | €172,063 | +€163,092 | +1818.1% |
| Equity | 10/15 | €6,023 | €123,652 | +€117,629 | +1953.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,523 | €121,152 | +€117,629 | +3339.1% |
| Amounts payable | 17/49 | €2,948 | €48,411 | +€45,463 | +1542.4% |
| Amounts payable within one year | 42/48 | €2,948 | €48,411 | +€45,463 | +1542.4% |
| Trade debts | 44 | €1,500 | €7,462 | +€5,962 | +397.5% |
| Suppliers | 440/4 | €1,500 | €7,462 | +€5,962 | +397.5% |
| Taxes, remuneration and social security | 45 | €1,350 | €40,949 | +€39,599 | +2933.5% |
| Taxes | 450/3 | €1,350 | €40,949 | +€39,599 | +2933.5% |
| Other amounts payable | 47/48 | €98 | - | -€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €773 | +€773 | |
| Other operating charges | 640/8 | €100 | - | -€100 | |
| Gross operating margin | 9900 | €4,988 | €158,046 | +€153,058 | +3068.4% |
| Operating profit (loss) | 9901 | €4,888 | €157,273 | +€152,385 | +3117.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €16 | €46 | +€30 | +193.5% |
| Recurring financial charges | 65 | €16 | €46 | +€30 | +193.5% |
| Profit (loss) for the period before taxes | 9903 | €4,873 | €157,228 | +€152,355 | +3126.7% |
| Income taxes | 67/77 | €1,350 | €39,599 | +€38,249 | +2833.5% |
| Profit (loss) for the period | 9904 | €3,523 | €117,629 | +€114,106 | +3239.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,523 | €117,629 | +€114,106 | +3239.1% |
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 1 October 2026 via checked.be.