MAXTRANS: 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.
MAXTRANS
Largest movements
- Cash -€4,128
down €4,128 (-1.6%), from €263,662 to €259,534
mainly Net result for the year (-€3,069) and Trade debts (-€1,059)
- Profit (loss) carried forward -€3,069
down €3,069 (-3.4%), from -€90,150 to -€93,219
- Gross operating margin +€1,320
up €1,320 (+37.2%), from -€3,544 to -€2,225
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,662 | €259,534 | -€4,128 | -1.6% |
| Current assets | 29/58 | €263,662 | €259,534 | -€4,128 | -1.6% |
| Cash at bank and in hand | 54/58 | €263,662 | €259,534 | -€4,128 | -1.6% |
| Total equity and liabilities | 10/49 | €263,662 | €259,534 | -€4,128 | -1.6% |
| Equity | 10/15 | €37,603 | €34,534 | -€3,069 | -8.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Uncalled capital | 101 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €2,753 | €2,753 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,384 | €1,384 | = | 0.0% |
| Legal reserve | 130 | €1,384 | €1,384 | = | 0.0% |
| Distributable reserves | 133 | €1,369 | €1,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,150 | -€93,219 | -€3,069 | -3.4% |
| Amounts payable | 17/49 | €226,059 | €225,000 | -€1,059 | -0.5% |
| Amounts payable within one year | 42/48 | €226,059 | €225,000 | -€1,059 | -0.5% |
| Trade debts | 44 | €226,059 | €225,000 | -€1,059 | -0.5% |
| Suppliers | 440/4 | €226,059 | €225,000 | -€1,059 | -0.5% |
| Other operating charges | 640/8 | €574 | €587 | +€12 | +2.2% |
| Gross operating margin | 9900 | -€3,544 | -€2,225 | +€1,320 | +37.2% |
| Operating profit (loss) | 9901 | -€4,118 | -€2,811 | +€1,307 | +31.7% |
| Financial charges | 65/66B | €240 | €258 | +€18 | +7.4% |
| Recurring financial charges | 65 | €240 | €258 | +€18 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,358 | -€3,069 | +€1,289 | +29.6% |
| Profit (loss) for the period | 9904 | -€4,358 | -€3,069 | +€1,289 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,358 | -€3,069 | +€1,289 | +29.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.