MAXPOL: 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.
MAXPOL
Largest movements
- Tangible fixed assets -€13,651
down €13,651 (-44.2%), from €30,915 to €17,264
of which Leasing and similar rights: -€8,423
- Cash +€5,931
up €5,931 (+76.3%), from €7,769 to €13,699
mainly Net result for the year (+€26,896) and Depreciation (+€14,873)
- Receivables within one year +€5,859
up €5,859 (+23.3%), from €25,196 to €31,055
of which Trade receivables: +€3,600
- Deferred charges and accrued income -€1,514
no longer reported in 2024 (was €1,514)
- Debts after one year -€7,490
down €7,490 (-58.4%), from €12,822 to €5,331
- Profit (loss) carried forward +€1,896
up €1,896 (+6.1%), from €30,836 to €32,732
- Trade debts +€1,593
up €1,593 (+77.2%), from €2,065 to €3,659
- Tax, wage and social debts +€1,240
up €1,240 (+344.4%), from €360 to €1,600
of which Remuneration and social security: +€1,600
- Other debts -€840
no longer reported in 2024 (was €840)
- Turnover -€241,119
no longer reported in 2024 (was €241,119)
- Purchases and services -€199,407
no longer reported in 2024 (was €199,407)
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 | €65,393 | €62,019 | -€3,375 | -5.2% |
| Fixed assets | 21/28 | €30,915 | €17,264 | -€13,651 | -44.2% |
| Tangible fixed assets | 22/27 | €30,915 | €17,264 | -€13,651 | -44.2% |
| Plant, machinery and equipment | 23 | €6,884 | €2,166 | -€4,718 | -68.5% |
| Furniture and vehicles | 24 | €2,708 | €2,199 | -€509 | -18.8% |
| Leasing and similar rights | 25 | €21,323 | €12,900 | -€8,423 | -39.5% |
| Current assets | 29/58 | €34,478 | €44,754 | +€10,276 | +29.8% |
| Amounts receivable within one year | 40/41 | €25,196 | €31,055 | +€5,859 | +23.3% |
| Trade receivables | 40 | €13,811 | €17,411 | +€3,600 | +26.1% |
| Other amounts receivable | 41 | €11,385 | €13,644 | +€2,259 | +19.8% |
| Cash at bank and in hand | 54/58 | €7,769 | €13,699 | +€5,931 | +76.3% |
| Deferred charges and accrued income | 490/1 | €1,514 | - | -€1,514 | |
| Total equity and liabilities | 10/49 | €65,393 | €62,019 | -€3,375 | -5.2% |
| Equity | 10/15 | €38,896 | €40,792 | +€1,896 | +4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,836 | €32,732 | +€1,896 | +6.1% |
| Amounts payable | 17/49 | €26,497 | €21,226 | -€5,271 | -19.9% |
| Amounts payable after more than one year | 17 | €12,822 | €5,331 | -€7,490 | -58.4% |
| Financial debts | 170/4 | €12,822 | €5,331 | -€7,490 | -58.4% |
| Amounts payable within one year | 42/48 | €13,676 | €15,895 | +€2,220 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €7,264 | €7,490 | +€226 | +3.1% |
| Financial debts | 43 | €3,146 | €3,146 | = | 0.0% |
| Credit institutions | 430/8 | €3,146 | €3,146 | = | 0.0% |
| Trade debts | 44 | €2,065 | €3,659 | +€1,593 | +77.2% |
| Suppliers | 440/4 | €2,065 | €3,659 | +€1,593 | +77.2% |
| Taxes, remuneration and social security | 45 | €360 | €1,600 | +€1,240 | +344.4% |
| Taxes | 450/3 | €360 | - | -€360 | |
| Remuneration and social security | 454/9 | - | €1,600 | +€1,600 | |
| Other amounts payable | 47/48 | €840 | - | -€840 | |
| Turnover | 70 | €241,119 | - | -€241,119 | |
| Non-recurring operating income | 76A | €2,600 | - | -€2,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €199,407 | - | -€199,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,956 | €14,873 | -€2,083 | -12.3% |
| Other operating charges | 640/8 | €397 | €471 | +€74 | +18.8% |
| Non-recurring operating charges | 66A | €2,032 | €50 | -€1,982 | -97.5% |
| Gross operating margin | 9900 | €44,531 | €43,057 | -€1,474 | -3.3% |
| Operating profit (loss) | 9901 | €25,146 | €27,663 | +€2,516 | +10.0% |
| Financial income | 75/76B | €1 | €461 | +€460 | +70804.6% |
| Recurring financial income | 75 | €1 | €461 | +€460 | +70804.6% |
| Financial charges | 65/66B | €2,400 | €1,228 | -€1,172 | -48.8% |
| Recurring financial charges | 65 | €2,400 | €1,228 | -€1,172 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €22,747 | €26,896 | +€4,149 | +18.2% |
| Profit (loss) for the period | 9904 | €22,747 | €26,896 | +€4,149 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,747 | €26,896 | +€4,149 | +18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.