MAXMARI: what changed
MAXMARI
Largest movements
- Deferred charges and accrued income -€58
down €58 (-40.0%), from €144 to €86
- Cash +€19
up €19 (+182%), from €10 to €29
mainly Other debts (+€3,111) and Trade debts (+€206)
- Profit (loss) carried forward -€3,181
down €3,181 (-44.6%), from -€7,130 to -€10,311
- Other debts +€3,111
up €3,111 (+74.4%), from €4,184 to €7,295
- Trade debts +€206
up €206 (+22.2%), from €926 to €1,132
- Tax, wage and social debts -€174
no longer reported in 2025 (was €174)
- Gross operating margin +€3,753
up €3,753 (+55.7%), from -€6,735 to -€2,982
- Other operating charges -€142
down €142 (-54.3%), from €262 to €120
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155 | €116 | -€39 | -25.1% |
| Current assets | 29/58 | €155 | €116 | -€39 | -25.1% |
| Cash at bank and in hand | 54/58 | €10 | €29 | +€19 | +182% |
| Deferred charges and accrued income | 490/1 | €144 | €86 | -€58 | -40.0% |
| Total equity and liabilities | 10/49 | €155 | €116 | -€39 | -25.1% |
| Equity | 10/15 | -€5,130 | -€8,311 | -€3,181 | -62.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,130 | -€10,311 | -€3,181 | -44.6% |
| Amounts payable | 17/49 | €5,285 | €8,427 | +€3,142 | +59.5% |
| Amounts payable within one year | 42/48 | €5,285 | €8,427 | +€3,142 | +59.5% |
| Trade debts | 44 | €926 | €1,132 | +€206 | +22.2% |
| Suppliers | 440/4 | €926 | €1,132 | +€206 | +22.2% |
| Taxes, remuneration and social security | 45 | €174 | - | -€174 | |
| Taxes | 450/3 | €174 | - | -€174 | |
| Other amounts payable | 47/48 | €4,184 | €7,295 | +€3,111 | +74.4% |
| Other operating charges | 640/8 | €262 | €120 | -€142 | -54.3% |
| Gross operating margin | 9900 | -€6,735 | -€2,982 | +€3,753 | +55.7% |
| Operating profit (loss) | 9901 | -€6,997 | -€3,102 | +€3,895 | +55.7% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €136 | €79 | -€57 | -41.9% |
| Recurring financial charges | 65 | €136 | €79 | -€57 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,130 | -€3,181 | +€3,949 | +55.4% |
| Profit (loss) for the period | 9904 | -€7,130 | -€3,181 | +€3,949 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,130 | -€3,181 | +€3,949 | +55.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.