MAXWELL'S COUTURE: 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.
MAXWELL'S COUTURE
Largest movements
- Receivables within one year -€7,765
down €7,765 (-63.9%), from €12,151 to €4,386
of which Trade receivables: -€7,765
- Cash +€2,494
up €2,494 (+1,067%), from €234 to €2,728
mainly Receivables within one year (+€7,765) and Net result for the year (+€5,228)
- Trade debts -€11,560
down €11,560 (-37.1%), from €31,137 to €19,577
- Profit (loss) carried forward +€5,228
up €5,228 (+3.8%), from -€135,814 to -€130,586
- Tax, wage and social debts +€561
new in 2025: €561
- Other debts +€500
up €500 (+1.4%), from €35,266 to €35,766
- Gross operating margin -€10,175
down €10,175 (-63.8%), from €15,946 to €5,772
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.
Derived cash bridge
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 | €12,385 | €7,114 | -€5,271 | -42.6% |
| Current assets | 29/58 | €12,385 | €7,114 | -€5,271 | -42.6% |
| Amounts receivable within one year | 40/41 | €12,151 | €4,386 | -€7,765 | -63.9% |
| Trade receivables | 40 | €12,000 | €4,235 | -€7,765 | -64.7% |
| Other amounts receivable | 41 | €151 | €151 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €234 | €2,728 | +€2,494 | +1,067% |
| Total equity and liabilities | 10/49 | €12,385 | €7,114 | -€5,271 | -42.6% |
| Equity | 10/15 | -€54,018 | -€48,790 | +€5,228 | +9.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €6,796 | €6,796 | = | 0.0% |
| Distributable reserves | 133 | €6,796 | €6,796 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,814 | -€130,586 | +€5,228 | +3.8% |
| Amounts payable | 17/49 | €66,403 | €55,904 | -€10,499 | -15.8% |
| Amounts payable within one year | 42/48 | €66,403 | €55,904 | -€10,499 | -15.8% |
| Trade debts | 44 | €31,137 | €19,577 | -€11,560 | -37.1% |
| Suppliers | 440/4 | €31,137 | €19,577 | -€11,560 | -37.1% |
| Taxes, remuneration and social security | 45 | - | €561 | +€561 | |
| Taxes | 450/3 | - | €561 | +€561 | |
| Other amounts payable | 47/48 | €35,266 | €35,766 | +€500 | +1.4% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €15,946 | €5,772 | -€10,175 | -63.8% |
| Operating profit (loss) | 9901 | €15,418 | €5,228 | -€10,191 | -66.1% |
| Financial charges | 65/66B | €0 | €0 | -€0 | -100% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -100% |
| Profit (loss) for the period before taxes | 9903 | €15,418 | €5,228 | -€10,191 | -66.1% |
| Profit (loss) for the period | 9904 | €15,418 | €5,228 | -€10,191 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,418 | €5,228 | -€10,191 | -66.1% |
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 28 October 2026 via checked.be.