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Maxks: 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.

What changed

Maxks

BE 0712.643.657
NACE 70.200, Business and other management consultancy
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€60,015
2023 · €25,897-€85,912
Equity
-€12,445
2023 · €47,570-€60,015
Cash
€49
2023 · €8,133-€8,084
Balance sheet total
€61,918
2023 · €70,805-€8,887

Largest movements

2023 to 2024
Assets
  • Cash -€8,084

    down €8,084 (-99.4%), from €8,133 to €49

    mainly Net result for the year (-€60,015) and Tax, wage and social debts (-€5,107)

  • Tangible fixed assets -€803

    down €803 (-1.3%), from €62,672 to €61,869

    of which Furniture and vehicles: -€409

Equity and liabilities
  • Profit (loss) carried forward -€60,015

    down €60,015, from €28,970 to -€31,045

  • Other debts +€58,647

    new in 2024: €58,647

  • Tax, wage and social debts -€5,107

    down €5,107 (-24.9%), from €20,508 to €15,401

  • Trade debts -€2,412

    down €2,412 (-88.4%), from €2,727 to €315

Income statement
  • Turnover -€132,804

    down €132,804 (-99.2%), from €133,824 to €1,020

  • Gross operating margin -€114,334

    down €114,334, from €67,609 to -€46,725

  • Purchases and services -€18,471

    down €18,471 (-27.9%), from €66,216 to €47,745

  • Staff costs -€13,536

    down €13,536 (-82.8%), from €16,339 to €2,803

  • Taxes -€13,535

    down €13,535 (-88.3%), from €15,337 to €1,802

From the 2023 result to the 2024 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 2023 €25,897
Gross operating margin -€114,334
Staff costs +€13,536
Depreciation -€796
Other operating charges +€1,826
Financial charges +€321
Taxes +€13,535
Result 2024 -€60,015

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€4,426
Investment -€3,658
Financing €0
Cash 2023 €8,133
Net result for the year -€60,015
Depreciation +€4,461
Trade debts -€2,412
Tax, wage and social debts -€5,107
Other debts +€58,647
Investment in fixed assets (net) -€3,658
Cash 2024 €49
Every line side by side 31 lines
Line Code 2023 2024 Change %
Total assets 20/58 €70,805 €61,918 -€8,887 -12.6%
Fixed assets 21/28 €62,672 €61,869 -€803 -1.3%
Tangible fixed assets 22/27 €62,672 €61,869 -€803 -1.3%
Land and buildings 22 €56,244 €55,850 -€394 -0.7%
Furniture and vehicles 24 €6,428 €6,019 -€409 -6.4%
Current assets 29/58 €8,133 €49 -€8,084 -99.4%
Cash at bank and in hand 54/58 €8,133 €49 -€8,084 -99.4%
Total equity and liabilities 10/49 €70,805 €61,918 -€8,887 -12.6%
Equity 10/15 €47,570 -€12,445 -€60,015
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 €28,970 -€31,045 -€60,015
Amounts payable 17/49 €23,235 €74,363 +€51,128 +220.0%
Amounts payable within one year 42/48 €23,235 €74,363 +€51,128 +220.0%
Trade debts 44 €2,727 €315 -€2,412 -88.4%
Suppliers 440/4 €2,727 €315 -€2,412 -88.4%
Taxes, remuneration and social security 45 €20,508 €15,401 -€5,107 -24.9%
Taxes 450/3 €20,508 €15,401 -€5,107 -24.9%
Other amounts payable 47/48 - €58,647 +€58,647
Turnover 70 €133,824 €1,020 -€132,804 -99.2%
Goods, raw materials, services and sundry goods 60/61 €66,216 €47,745 -€18,471 -27.9%
Remuneration, social security and pensions 62 €16,339 €2,803 -€13,536 -82.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,665 €4,461 +€796 +21.7%
Other operating charges 640/8 €5,930 €4,104 -€1,826 -30.8%
Gross operating margin 9900 €67,609 -€46,725 -€114,334
Operating profit (loss) 9901 €41,675 -€58,093 -€99,768
Financial charges 65/66B €441 €120 -€321 -72.8%
Recurring financial charges 65 €441 €120 -€321 -72.8%
Profit (loss) for the period before taxes 9903 €41,234 -€58,213 -€99,447
Income taxes 67/77 €15,337 €1,802 -€13,535 -88.3%
Profit (loss) for the period 9904 €25,897 -€60,015 -€85,912
Profit (loss) for the period to be appropriated 9905 €25,897 -€60,015 -€85,912

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.