MAXIOAN CONSTRUCT: 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.
MAXIOAN CONSTRUCT
Largest movements
- Tangible fixed assets +€35,244
up €35,244 (+140.9%), from €25,015 to €60,259
of which Furniture and vehicles: +€36,988
- Cash +€20,662
up €20,662 (+108.6%), from €19,022 to €39,684
mainly Debts after one year (+€46,227) and Receivables within one year (+€16,494)
- Receivables within one year -€16,494
down €16,494 (-13.7%), from €120,729 to €104,235
of which Trade receivables: -€34,411
- Debts after one year +€46,227
new in 2025: €46,227
- Trade debts -€21,244
down €21,244 (-61.0%), from €34,825 to €13,581
- Current portion of long-term debt +€10,593
new in 2025: €10,593
- Profit (loss) carried forward +€8,382
up €8,382 (+9.6%), from €87,058 to €95,440
- Other debts -€5,189
down €5,189 (-39.0%), from €13,290 to €8,101
- Gross operating margin -€11,069
down €11,069 (-13.0%), from €85,066 to €73,997
- Financial charges -€9,497
down €9,497 (-46.6%), from €20,363 to €10,866
- Staff costs +€9,121
up €9,121 (+37.8%), from €24,128 to €33,249
- Depreciation -€6,994
down €6,994 (-32.5%), from €21,553 to €14,559
- Taxes -€3,822
down €3,822 (-54.8%), from €6,970 to €3,148
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 | €166,674 | €207,778 | +€41,104 | +24.7% |
| Fixed assets | 21/28 | €25,015 | €60,259 | +€35,244 | +140.9% |
| Tangible fixed assets | 22/27 | €25,015 | €60,259 | +€35,244 | +140.9% |
| Plant, machinery and equipment | 23 | €13,557 | €11,813 | -€1,744 | -12.9% |
| Furniture and vehicles | 24 | €11,458 | €48,446 | +€36,988 | +322.8% |
| Current assets | 29/58 | €141,659 | €147,519 | +€5,860 | +4.1% |
| Amounts receivable within one year | 40/41 | €120,729 | €104,235 | -€16,494 | -13.7% |
| Trade receivables | 40 | €82,216 | €47,805 | -€34,411 | -41.9% |
| Other amounts receivable | 41 | €38,513 | €56,430 | +€17,917 | +46.5% |
| Cash at bank and in hand | 54/58 | €19,022 | €39,684 | +€20,662 | +108.6% |
| Deferred charges and accrued income | 490/1 | €1,908 | €3,600 | +€1,692 | +88.7% |
| Total equity and liabilities | 10/49 | €166,674 | €207,778 | +€41,104 | +24.7% |
| Equity | 10/15 | €90,358 | €98,740 | +€8,382 | +9.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,058 | €95,440 | +€8,382 | +9.6% |
| Amounts payable | 17/49 | €76,316 | €109,038 | +€32,722 | +42.9% |
| Amounts payable after more than one year | 17 | - | €46,227 | +€46,227 | |
| Financial debts | 170/4 | - | €46,227 | +€46,227 | |
| Amounts payable within one year | 42/48 | €76,316 | €62,811 | -€13,505 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,593 | +€10,593 | |
| Trade debts | 44 | €34,825 | €13,581 | -€21,244 | -61.0% |
| Suppliers | 440/4 | €34,825 | €13,581 | -€21,244 | -61.0% |
| Taxes, remuneration and social security | 45 | €28,201 | €30,536 | +€2,335 | +8.3% |
| Taxes | 450/3 | €4,395 | €7,558 | +€3,163 | +72.0% |
| Remuneration and social security | 454/9 | €23,806 | €22,978 | -€828 | -3.5% |
| Other amounts payable | 47/48 | €13,290 | €8,101 | -€5,189 | -39.0% |
| Remuneration, social security and pensions | 62 | €24,128 | €33,249 | +€9,121 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,553 | €14,559 | -€6,994 | -32.5% |
| Other operating charges | 640/8 | €3,606 | €3,793 | +€187 | +5.2% |
| Gross operating margin | 9900 | €85,066 | €73,997 | -€11,069 | -13.0% |
| Operating profit (loss) | 9901 | €35,779 | €22,396 | -€13,383 | -37.4% |
| Financial charges | 65/66B | €20,363 | €10,866 | -€9,497 | -46.6% |
| Recurring financial charges | 65 | €20,363 | €10,866 | -€9,497 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | €15,416 | €11,530 | -€3,886 | -25.2% |
| Income taxes | 67/77 | €6,970 | €3,148 | -€3,822 | -54.8% |
| Profit (loss) for the period | 9904 | €8,446 | €8,382 | -€64 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,446 | €8,382 | -€64 | -0.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.