MaxiNet-Centre: 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.
What changed
MaxiNet-Centre
NACE 96.910, Personal service activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,993
2024 · €9,049-€19,042
Equity
€444,632
2024 · €454,625-€9,993
Cash
€328,624
2024 · €279,001+€49,624
Balance sheet total
€1.0m
2024 · €995,649+€49,081
Largest movements
Assets
- Cash +€49,624
up €49,624 (+17.8%), from €279,001 to €328,624
mainly Tax, wage and social debts (+€42,819) and Depreciation (+€38,550)
Equity and liabilities
- Tax, wage and social debts +€42,819
up €42,819 (+20.5%), from €208,818 to €251,637
of which Remuneration and social security: +€31,116
Income statement
- Staff costs +€223,160
up €223,160 (+16.2%), from €1.4m to €1.6m
- Gross operating margin +€216,818
up €216,818 (+15.1%), from €1.4m to €1.7m
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.
Result 2024
€9,049
Gross operating margin
+€216,818
Staff costs
-€223,160
Depreciation
+€709
Other operating charges
-€15
Other operating items
-€1,065
Financial income
-€356
Financial charges
-€375
Taxes
-€11,598
Result 2025
-€9,993
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.
From operations
+€65,530
Investment
-€32,619
Financing
+€16,713
Cash 2024
€279,001
From operations (derived)
+€65,530
Net result for the year
-€9,993
Depreciation
+€38,550
Receivables after one year
+€3,860
Receivables within one year
-€8,064
Deferred charges and accrued income
-€1,184
Trade debts
+€3,704
Tax, wage and social debts
+€42,819
Accrued charges and deferred income
-€4,162
Investment (derived)
-€32,619
Investment in fixed assets (net)
-€32,619
Financing
+€16,713
Debts after one year
+€8,241
Current portion of long-term debt
+€8,471
Cash 2025
€328,624
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €995,649 | €1,044,729 | +€49,081 | +4.9% |
| Fixed assets | 21/28 | €407,150 | €401,219 | -€5,931 | -1.5% |
| Intangible fixed assets | 21 | €1,650 | - | -€1,650 | |
| Tangible fixed assets | 22/27 | €401,364 | €397,073 | -€4,291 | -1.1% |
| Land and buildings | 22 | €357,646 | €342,999 | -€14,647 | -4.1% |
| Plant, machinery and equipment | 23 | €2,088 | €1,140 | -€948 | -45.4% |
| Furniture and vehicles | 24 | €41,630 | €52,934 | +€11,304 | +27.2% |
| Financial fixed assets | 28 | €4,136 | €4,146 | +€10 | +0.2% |
| Current assets | 29/58 | €588,499 | €643,511 | +€55,012 | +9.3% |
| Amounts receivable after more than one year | 29 | €38,729 | €34,869 | -€3,860 | -10.0% |
| Other amounts receivable | 291 | €38,729 | €34,869 | -€3,860 | -10.0% |
| Amounts receivable within one year | 40/41 | €254,790 | €262,855 | +€8,064 | +3.2% |
| Trade receivables | 40 | €140,919 | €137,182 | -€3,737 | -2.7% |
| Other amounts receivable | 41 | €113,872 | €125,673 | +€11,801 | +10.4% |
| Cash at bank and in hand | 54/58 | €279,001 | €328,624 | +€49,624 | +17.8% |
| Deferred charges and accrued income | 490/1 | €15,979 | €17,163 | +€1,184 | +7.4% |
| Total equity and liabilities | 10/49 | €995,649 | €1,044,729 | +€49,081 | +4.9% |
| Equity | 10/15 | €454,625 | €444,632 | -€9,993 | -2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €436,025 | €426,032 | -€9,993 | -2.3% |
| Non-distributable reserves | 130/1 | €436,025 | €426,032 | -€9,993 | -2.3% |
| Reserves not available under the articles | 1311 | €625 | €625 | = | 0.0% |
| Other | 1319 | €435,400 | €425,407 | -€9,993 | -2.3% |
| Amounts payable | 17/49 | €541,024 | €600,098 | +€59,074 | +10.9% |
| Amounts payable after more than one year | 17 | €211,700 | €219,941 | +€8,241 | +3.9% |
| Financial debts | 170/4 | €211,700 | €219,941 | +€8,241 | +3.9% |
| Amounts payable within one year | 42/48 | €325,163 | €380,157 | +€54,994 | +16.9% |
| Current portion of amounts payable after more than one year | 42 | €42,401 | €50,872 | +€8,471 | +20.0% |
| Trade debts | 44 | €73,944 | €77,648 | +€3,704 | +5.0% |
| Suppliers | 440/4 | €73,944 | €77,648 | +€3,704 | +5.0% |
| Taxes, remuneration and social security | 45 | €208,818 | €251,637 | +€42,819 | +20.5% |
| Taxes | 450/3 | - | €11,703 | +€11,703 | |
| Remuneration and social security | 454/9 | €208,818 | €239,935 | +€31,116 | +14.9% |
| Accrued charges and deferred income | 492/3 | €4,162 | - | -€4,162 | |
| Non-recurring operating income | 76A | €2,000 | €2,277 | +€277 | +13.9% |
| Remuneration, social security and pensions | 62 | €1,374,870 | €1,598,030 | +€223,160 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,259 | €38,550 | -€709 | -1.8% |
| Other operating charges | 640/8 | €5,717 | €5,732 | +€15 | +0.3% |
| Non-recurring operating charges | 66A | - | €1,065 | +€1,065 | |
| Gross operating margin | 9900 | €1,435,500 | €1,652,318 | +€216,818 | +15.1% |
| Operating profit (loss) | 9901 | €15,655 | €8,942 | -€6,713 | -42.9% |
| Financial income | 75/76B | €1,385 | €1,029 | -€356 | -25.7% |
| Recurring financial income | 75 | €1,385 | €1,029 | -€356 | -25.7% |
| Financial charges | 65/66B | €7,577 | €7,952 | +€375 | +4.9% |
| Recurring financial charges | 65 | €7,577 | €7,952 | +€375 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €9,463 | €2,018 | -€7,445 | -78.7% |
| Income taxes | 67/77 | €414 | €12,011 | +€11,598 | +2804.7% |
| Profit (loss) for the period | 9904 | €9,049 | -€9,993 | -€19,042 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,049 | -€9,993 | -€19,042 |
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 30 September 2026 via checked.be.