Maxivision: 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.
Maxivision
Largest movements
- Receivables within one year -€41,465
down €41,465 (-21.6%), from €192,191 to €150,726
of which Trade receivables: -€42,037
- Stocks and contracts +€17,803
up €17,803 (+198%), from €9,000 to €26,803
of which Stocks: +€26,803
- Cash +€14,163
up €14,163 (+18.5%), from €76,725 to €90,888
mainly Other debts (+€75,492) and Receivables within one year (+€41,465)
- Tangible fixed assets +€9,528
up €9,528 (+25.9%), from €36,845 to €46,373
- Other debts +€75,492
up €75,492 (+48.2%), from €156,701 to €232,193
- Trade debts -€48,690
down €48,690 (-58.3%), from €83,571 to €34,881
- Accrued charges and deferred income -€19,805
no longer reported in 2025 (was €19,805)
- Tax, wage and social debts -€11,178
down €11,178 (-85.4%), from €13,083 to €1,905
- Reserves +€3,617
up €3,617 (+13.9%), from €25,938 to €29,555
- Depreciation +€4,829
up €4,829 (+93.9%), from €5,143 to €9,972
- Gross operating margin +€4,025
up €4,025 (+28.4%), from €14,184 to €18,209
- Financial charges -€684
down €684 (-25.0%), from €2,739 to €2,055
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.
Derived cash bridge
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 | €317,502 | €316,938 | -€564 | -0.2% |
| Fixed assets | 21/28 | €37,045 | €46,573 | +€9,528 | +25.7% |
| Tangible fixed assets | 22/27 | €36,845 | €46,373 | +€9,528 | +25.9% |
| Furniture and vehicles | 24 | €36,845 | €46,373 | +€9,528 | +25.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €280,457 | €270,365 | -€10,092 | -3.6% |
| Stocks and contracts in progress | 3 | €9,000 | €26,803 | +€17,803 | +198% |
| Stocks | 30/36 | - | €26,803 | +€26,803 | |
| Contracts in progress | 37 | €9,000 | - | -€9,000 | |
| Amounts receivable within one year | 40/41 | €192,191 | €150,726 | -€41,465 | -21.6% |
| Trade receivables | 40 | €192,191 | €150,154 | -€42,037 | -21.9% |
| Other amounts receivable | 41 | - | €572 | +€572 | |
| Cash at bank and in hand | 54/58 | €76,725 | €90,888 | +€14,163 | +18.5% |
| Deferred charges and accrued income | 490/1 | €2,541 | €1,948 | -€593 | -23.3% |
| Total equity and liabilities | 10/49 | €317,502 | €316,938 | -€564 | -0.2% |
| Equity | 10/15 | €44,342 | €47,959 | +€3,617 | +8.2% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €25,938 | €29,555 | +€3,617 | +13.9% |
| Distributable reserves | 133 | €25,938 | €29,555 | +€3,617 | +13.9% |
| Profit (loss) carried forward | 14 | €5,404 | €5,404 | = | 0.0% |
| Amounts payable | 17/49 | €273,160 | €268,979 | -€4,181 | -1.5% |
| Amounts payable within one year | 42/48 | €253,355 | €268,979 | +€15,624 | +6.2% |
| Trade debts | 44 | €83,571 | €34,881 | -€48,690 | -58.3% |
| Suppliers | 440/4 | €83,571 | €34,881 | -€48,690 | -58.3% |
| Taxes, remuneration and social security | 45 | €13,083 | €1,905 | -€11,178 | -85.4% |
| Taxes | 450/3 | €13,083 | €1,905 | -€11,178 | -85.4% |
| Other amounts payable | 47/48 | €156,701 | €232,193 | +€75,492 | +48.2% |
| Accrued charges and deferred income | 492/3 | €19,805 | - | -€19,805 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,143 | €9,972 | +€4,829 | +93.9% |
| Other operating charges | 640/8 | €1,088 | €1,185 | +€97 | +8.9% |
| Gross operating margin | 9900 | €14,184 | €18,209 | +€4,025 | +28.4% |
| Operating profit (loss) | 9901 | €7,953 | €7,052 | -€901 | -11.3% |
| Financial income | 75/76B | €557 | €532 | -€25 | -4.5% |
| Recurring financial income | 75 | €557 | €532 | -€25 | -4.5% |
| Financial charges | 65/66B | €2,739 | €2,055 | -€684 | -25.0% |
| Recurring financial charges | 65 | €2,739 | €2,055 | -€684 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €5,771 | €5,529 | -€242 | -4.2% |
| Income taxes | 67/77 | €2,033 | €1,912 | -€121 | -6.0% |
| Profit (loss) for the period | 9904 | €3,738 | €3,617 | -€121 | -3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,738 | €3,617 | -€121 | -3.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.