Maxitroc: 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.
Maxitroc
Largest movements
- Cash +€41,111
up €41,111 (+53.0%), from €77,630 to €118,741
mainly Net result for the year (+€25,695) and Other debts (+€11,462)
- Stocks and contracts -€8,527
down €8,527 (-56.1%), from €15,197 to €6,670
- Receivables within one year +€7,637
up €7,637 (+16.4%), from €46,542 to €54,179
of which Other amounts receivable: +€6,828
- Tangible fixed assets -€4,316
down €4,316 (-58.8%), from €7,337 to €3,021
of which Furniture and vehicles: -€3,942
- Reserves +€15,600
up €15,600 (+19.7%), from €79,300 to €94,900
- Other debts +€11,462
up €11,462 (+58.3%), from €19,658 to €31,119
- Tax, wage and social debts +€8,222
up €8,222 (+177%), from €4,635 to €12,856
of which Taxes: +€9,253
- Gross operating margin +€28,013
up €28,013 (+60.2%), from €46,495 to €74,509
- Financial charges +€8,805
up €8,805 (+309%), from €2,848 to €11,653
- Taxes +€8,271
up €8,271 (+174%), from €4,764 to €13,034
- Staff costs +€6,242
up €6,242 (+34.0%), from €18,384 to €24,626
- Financial income +€2,611
up €2,611 (+65.2%), from €4,007 to €6,618
From the 31-12-2024 result to the 31-12-2025 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.
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,139 | €185,252 | +€34,114 | +22.6% |
| Fixed assets | 21/28 | €7,337 | €3,021 | -€4,316 | -58.8% |
| Tangible fixed assets | 22/27 | €7,337 | €3,021 | -€4,316 | -58.8% |
| Land and buildings | 22 | €3,314 | €2,940 | -€374 | -11.3% |
| Furniture and vehicles | 24 | €4,023 | €81 | -€3,942 | -98.0% |
| Current assets | 29/58 | €143,802 | €182,232 | +€38,430 | +26.7% |
| Stocks and contracts in progress | 3 | €15,197 | €6,670 | -€8,527 | -56.1% |
| Stocks | 30/36 | €15,197 | €6,670 | -€8,527 | -56.1% |
| Amounts receivable within one year | 40/41 | €46,542 | €54,179 | +€7,637 | +16.4% |
| Trade receivables | 40 | €500 | €1,309 | +€809 | +162% |
| Other amounts receivable | 41 | €46,042 | €52,870 | +€6,828 | +14.8% |
| Cash at bank and in hand | 54/58 | €77,630 | €118,741 | +€41,111 | +53.0% |
| Deferred charges and accrued income | 490/1 | €4,433 | €2,642 | -€1,791 | -40.4% |
| Total equity and liabilities | 10/49 | €151,139 | €185,252 | +€34,114 | +22.6% |
| Equity | 10/15 | €122,354 | €138,049 | +€15,695 | +12.8% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €79,300 | €94,900 | +€15,600 | +19.7% |
| Distributable reserves | 133 | €79,300 | €94,900 | +€15,600 | +19.7% |
| Profit (loss) carried forward | 14 | €15,554 | €15,649 | +€95 | +0.6% |
| Amounts payable | 17/49 | €28,785 | €47,203 | +€18,419 | +64.0% |
| Amounts payable within one year | 42/48 | €28,156 | €47,203 | +€19,047 | +67.6% |
| Trade debts | 44 | €3,864 | €3,227 | -€637 | -16.5% |
| Suppliers | 440/4 | €3,864 | €3,227 | -€637 | -16.5% |
| Taxes, remuneration and social security | 45 | €4,635 | €12,856 | +€8,222 | +177% |
| Taxes | 450/3 | €3,604 | €12,856 | +€9,253 | +257% |
| Remuneration and social security | 454/9 | €1,031 | - | -€1,031 | |
| Other amounts payable | 47/48 | €19,658 | €31,119 | +€11,462 | +58.3% |
| Accrued charges and deferred income | 492/3 | €628 | - | -€628 | |
| Remuneration, social security and pensions | 62 | €18,384 | €24,626 | +€6,242 | +34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,419 | €2,435 | -€1,984 | -44.9% |
| Other operating charges | 640/8 | €1,712 | €1,803 | +€90 | +5.3% |
| Non-recurring operating charges | 66A | - | €1,880 | +€1,880 | |
| Gross operating margin | 9900 | €46,495 | €74,509 | +€28,013 | +60.2% |
| Operating profit (loss) | 9901 | €21,980 | €43,764 | +€21,784 | +99.1% |
| Financial income | 75/76B | €4,007 | €6,618 | +€2,611 | +65.2% |
| Recurring financial income | 75 | €4,007 | €6,618 | +€2,611 | +65.2% |
| Financial charges | 65/66B | €2,848 | €11,653 | +€8,805 | +309% |
| Recurring financial charges | 65 | €2,848 | €11,653 | +€8,805 | +309% |
| Profit (loss) for the period before taxes | 9903 | €23,138 | €38,729 | +€15,591 | +67.4% |
| Income taxes | 67/77 | €4,764 | €13,034 | +€8,271 | +174% |
| Profit (loss) for the period | 9904 | €18,375 | €25,695 | +€7,320 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,375 | €25,695 | +€7,320 | +39.8% |
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 13 October 2026 via checked.be.