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MAXIRENT: 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

MAXIRENT

BE 0471.424.057
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,127
2024 · €3,279-€1,152
Equity
€98,211
2024 · €96,084+€2,127
Cash
€749
2024 · €1,716-€967
Balance sheet total
€157,609
2024 · €169,292-€11,683

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€6,943

    down €6,943 (-4.5%), from €155,566 to €148,623

    of which Plant, machinery and equipment: -€3,988

  • Receivables within one year -€3,773

    down €3,773 (-31.4%), from €12,010 to €8,237

Equity and liabilities
  • Other debts -€8,686

    down €8,686 (-56.0%), from €15,507 to €6,821

  • Debts after one year -€3,668

    down €3,668 (-7.1%), from €51,482 to €47,814

  • Reserves +€2,126

    up €2,126 (+3.0%), from €70,335 to €72,461

Income statement
  • Depreciation +€2,207

    up €2,207 (+29.9%), from €7,386 to €9,593

  • Gross operating margin +€967

    up €967 (+6.5%), from €14,886 to €15,853

  • Taxes -€564

    down €564 (-34.1%), from €1,652 to €1,088

  • Financial charges +€404

    up €404 (+59.0%), from €685 to €1,089

From the 2024 result to the 2025 result

effect on the 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 €3,279
Gross operating margin +€967
Depreciation -€2,207
Other operating charges -€72
Financial charges -€404
Taxes +€564
Result 2025 €2,127

Cash bridge derived

cash 2024 to 2025

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 +€5,201
Investment -€2,650
Financing -€3,518
Cash 2024 €1,716
Net result for the year +€2,127
Depreciation +€9,593
Receivables within one year +€3,773
Trade debts -€1,051
Tax, wage and social debts -€555
Other debts -€8,686
Investment in fixed assets (net) -€2,650
Debts after one year -€3,668
Current portion of long-term debt +€150
Cash 2025 €749
Every line side by side 35 lines
Line Code 2024 2025 Change %
Total assets 20/58 €169,292 €157,609 -€11,683 -6.9%
Fixed assets 21/28 €155,566 €148,623 -€6,943 -4.5%
Tangible fixed assets 22/27 €155,566 €148,623 -€6,943 -4.5%
Land and buildings 22 €131,926 €128,971 -€2,955 -2.2%
Plant, machinery and equipment 23 €23,640 €19,652 -€3,988 -16.9%
Current assets 29/58 €13,726 €8,986 -€4,740 -34.5%
Amounts receivable within one year 40/41 €12,010 €8,237 -€3,773 -31.4%
Other amounts receivable 41 €12,010 €8,237 -€3,773 -31.4%
Cash at bank and in hand 54/58 €1,716 €749 -€967 -56.4%
Total equity and liabilities 10/49 €169,292 €157,609 -€11,683 -6.9%
Equity 10/15 €96,084 €98,211 +€2,127 +2.2%
Contributions 10/11 €25,000 €25,000 = 0.0%
Reserves 13 €70,335 €72,461 +€2,126 +3.0%
Distributable reserves 133 €70,335 €72,461 +€2,126 +3.0%
Profit (loss) carried forward 14 €749 €750 +€1 +0.1%
Amounts payable 17/49 €73,208 €59,398 -€13,810 -18.9%
Amounts payable after more than one year 17 €51,482 €47,814 -€3,668 -7.1%
Financial debts 170/4 €51,482 €47,814 -€3,668 -7.1%
Amounts payable within one year 42/48 €21,726 €11,584 -€10,142 -46.7%
Current portion of amounts payable after more than one year 42 €3,518 €3,668 +€150 +4.3%
Trade debts 44 €1,057 €6 -€1,051 -99.4%
Suppliers 440/4 €1,057 €6 -€1,051 -99.4%
Taxes, remuneration and social security 45 €1,644 €1,089 -€555 -33.8%
Taxes 450/3 €1,644 €1,089 -€555 -33.8%
Other amounts payable 47/48 €15,507 €6,821 -€8,686 -56.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €7,386 €9,593 +€2,207 +29.9%
Other operating charges 640/8 €1,884 €1,956 +€72 +3.8%
Gross operating margin 9900 €14,886 €15,853 +€967 +6.5%
Operating profit (loss) 9901 €5,616 €4,304 -€1,312 -23.4%
Financial charges 65/66B €685 €1,089 +€404 +59.0%
Recurring financial charges 65 €685 €1,089 +€404 +59.0%
Profit (loss) for the period before taxes 9903 €4,931 €3,215 -€1,716 -34.8%
Income taxes 67/77 €1,652 €1,088 -€564 -34.1%
Profit (loss) for the period 9904 €3,279 €2,127 -€1,152 -35.1%
Profit (loss) for the period to be appropriated 9905 €3,279 €2,127 -€1,152 -35.1%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.