Maxmétal: 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.
Maxmétal
Largest movements
- Receivables within one year +€86,576
up €86,576 (+301.2%), from €28,745 to €115,321
of which Trade receivables: +€88,079
- Cash +€68,467
up €68,467 (+776.3%), from €8,819 to €77,286
mainly Trade debts (+€142,764) and Net result for the year (+€46,348)
- Stocks and contracts +€56,875
up €56,875 (+245.9%), from €23,125 to €80,000
- Tangible fixed assets -€33,311
down €33,311 (-17.8%), from €187,355 to €154,043
of which Land and buildings: -€21,891
- Trade debts +€142,764
up €142,764 (+206.1%), from €69,257 to €212,021
- Reserves +€46,348
up €46,348 (+85.7%), from €54,065 to €100,413
of which Distributable reserves: +€46,348
- Tax, wage and social debts +€23,541
up €23,541 (+410.3%), from €5,737 to €29,278
of which Taxes: +€23,541
- Debts after one year -€16,102
down €16,102 (-46.2%), from €34,841 to €18,739
- Current portion of long-term debt -€12,667
down €12,667 (-44.0%), from €28,769 to €16,102
- Gross operating margin +€81,856
up €81,856 (+317.7%), from €25,765 to €107,620
- Depreciation +€15,577
up €15,577 (+78.3%), from €19,884 to €35,461
- Taxes +€5,899
up €5,899 (+407.6%), from €1,447 to €7,346
- Other operating charges +€5,316
up €5,316 (+339.3%), from €1,567 to €6,883
- Financial charges +€3,392
up €3,392 (+57.6%), from €5,893 to €9,285
of which Non-recurring financial charges: +€4,112
From the 2023 result to the 2024 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €258,111 | €433,044 | +€174,933 | +67.8% |
| Fixed assets | 21/28 | €189,691 | €154,629 | -€35,061 | -18.5% |
| Tangible fixed assets | 22/27 | €187,355 | €154,043 | -€33,311 | -17.8% |
| Land and buildings | 22 | €140,987 | €119,096 | -€21,891 | -15.5% |
| Plant, machinery and equipment | 23 | €5,779 | €4,301 | -€1,477 | -25.6% |
| Furniture and vehicles | 24 | €40,589 | €30,646 | -€9,943 | -24.5% |
| Financial fixed assets | 28 | €2,336 | €586 | -€1,750 | -74.9% |
| Current assets | 29/58 | €68,421 | €278,415 | +€209,994 | +306.9% |
| Stocks and contracts in progress | 3 | €23,125 | €80,000 | +€56,875 | +245.9% |
| Contracts in progress | 37 | €23,125 | €80,000 | +€56,875 | +245.9% |
| Amounts receivable within one year | 40/41 | €28,745 | €115,321 | +€86,576 | +301.2% |
| Trade receivables | 40 | €17,865 | €105,944 | +€88,079 | +493.0% |
| Other amounts receivable | 41 | €10,880 | €9,377 | -€1,503 | -13.8% |
| Cash at bank and in hand | 54/58 | €8,819 | €77,286 | +€68,467 | +776.3% |
| Deferred charges and accrued income | 490/1 | €7,731 | €5,809 | -€1,923 | -24.9% |
| Total equity and liabilities | 10/49 | €258,111 | €433,044 | +€174,933 | +67.8% |
| Equity | 10/15 | €72,665 | €119,013 | +€46,348 | +63.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,065 | €100,413 | +€46,348 | +85.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,205 | €98,553 | +€46,348 | +88.8% |
| Amounts payable | 17/49 | €185,446 | €314,031 | +€128,585 | +69.3% |
| Amounts payable after more than one year | 17 | €34,841 | €18,739 | -€16,102 | -46.2% |
| Financial debts | 170/4 | €34,841 | €18,739 | -€16,102 | -46.2% |
| Amounts payable within one year | 42/48 | €111,571 | €262,965 | +€151,394 | +135.7% |
| Current portion of amounts payable after more than one year | 42 | €28,769 | €16,102 | -€12,667 | -44.0% |
| Trade debts | 44 | €69,257 | €212,021 | +€142,764 | +206.1% |
| Suppliers | 440/4 | €69,257 | €212,021 | +€142,764 | +206.1% |
| Taxes, remuneration and social security | 45 | €5,737 | €29,278 | +€23,541 | +410.3% |
| Taxes | 450/3 | €4,019 | €27,560 | +€23,541 | +585.7% |
| Remuneration and social security | 454/9 | €1,718 | €1,718 | = | 0.0% |
| Other amounts payable | 47/48 | €7,807 | €5,563 | -€2,244 | -28.7% |
| Accrued charges and deferred income | 492/3 | €39,034 | €32,328 | -€6,707 | -17.2% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €836 | €2,400 | +€1,564 | +187.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,884 | €35,461 | +€15,577 | +78.3% |
| Other operating charges | 640/8 | €1,567 | €6,883 | +€5,316 | +339.3% |
| Gross operating margin | 9900 | €25,765 | €107,620 | +€81,856 | +317.7% |
| Operating profit (loss) | 9901 | €3,478 | €62,876 | +€59,398 | +1707.8% |
| Financial income | 75/76B | €306 | €103 | -€203 | -66.3% |
| Recurring financial income | 75 | €306 | €103 | -€203 | -66.3% |
| Financial charges | 65/66B | €5,893 | €9,285 | +€3,392 | +57.6% |
| Recurring financial charges | 65 | €4,438 | €3,717 | -€721 | -16.2% |
| Non-recurring financial charges | 66B | €1,455 | €5,567 | +€4,112 | +282.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,109 | €53,694 | +€55,803 | |
| Income taxes | 67/77 | €1,447 | €7,346 | +€5,899 | +407.6% |
| Profit (loss) for the period | 9904 | -€3,557 | €46,348 | +€49,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,557 | €46,348 | +€49,904 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.