MAXPETWOOD: what changed
MAXPETWOOD
Largest movements
- Cash -€15,719
down €15,719 (-95.2%), from €16,512 to €793
mainly Net result for the year (-€11,768) and Receivables within one year (-€5,251)
- Receivables within one year +€5,251
up €5,251 (+4,224%), from €124 to €5,375
of which Trade receivables: +€4,076
- Tangible fixed assets -€550
down €550 (-38.7%), from €1,420 to €870
- Stocks and contracts -€495
down €495 (-21.8%), from €2,275 to €1,780
- Profit (loss) carried forward -€11,768
down €11,768 (-130%), from -€9,041 to -€20,809
- Other debts +€501
up €501 (+3.1%), from €16,354 to €16,855
- Tax, wage and social debts -€255
down €255 (-94.5%), from €270 to €15
- Gross operating margin -€15,664
down €15,664, from €4,699 to -€10,965
- Depreciation -€137
down €137 (-20.0%), from €687 to €550
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 | €20,383 | €8,818 | -€11,565 | -56.7% |
| Fixed assets | 21/28 | €1,420 | €870 | -€550 | -38.7% |
| Tangible fixed assets | 22/27 | €1,420 | €870 | -€550 | -38.7% |
| Plant, machinery and equipment | 23 | €1,420 | €870 | -€550 | -38.7% |
| Current assets | 29/58 | €18,963 | €7,948 | -€11,015 | -58.1% |
| Stocks and contracts in progress | 3 | €2,275 | €1,780 | -€495 | -21.8% |
| Stocks | 30/36 | €2,275 | €1,780 | -€495 | -21.8% |
| Amounts receivable within one year | 40/41 | €124 | €5,375 | +€5,251 | +4,224% |
| Trade receivables | 40 | - | €4,076 | +€4,076 | |
| Other amounts receivable | 41 | €124 | €1,299 | +€1,175 | +945% |
| Cash at bank and in hand | 54/58 | €16,512 | €793 | -€15,719 | -95.2% |
| Deferred charges and accrued income | 490/1 | €52 | - | -€52 | |
| Total equity and liabilities | 10/49 | €20,383 | €8,818 | -€11,565 | -56.7% |
| Equity | 10/15 | €3,359 | -€8,409 | -€11,768 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,041 | -€20,809 | -€11,768 | -130% |
| Amounts payable | 17/49 | €17,024 | €17,228 | +€203 | +1.2% |
| Amounts payable within one year | 42/48 | €17,024 | €17,228 | +€203 | +1.2% |
| Trade debts | 44 | €400 | €358 | -€42 | -10.5% |
| Suppliers | 440/4 | €400 | €358 | -€42 | -10.5% |
| Taxes, remuneration and social security | 45 | €270 | €15 | -€255 | -94.5% |
| Taxes | 450/3 | €270 | €15 | -€255 | -94.5% |
| Other amounts payable | 47/48 | €16,354 | €16,855 | +€501 | +3.1% |
| Non-recurring operating income | 76A | - | €6 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €550 | -€137 | -20.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €4,699 | -€10,965 | -€15,664 | |
| Operating profit (loss) | 9901 | €3,894 | -€11,635 | -€15,529 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €145 | €133 | -€12 | -8.2% |
| Recurring financial charges | 65 | €145 | €133 | -€12 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €3,749 | -€11,768 | -€15,517 | |
| Profit (loss) for the period | 9904 | €3,749 | -€11,768 | -€15,517 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,749 | -€11,768 | -€15,517 |
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 2 November 2026 via checked.be.