Maxximo Prod: 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.
Maxximo Prod
Largest movements
- Receivables within one year -€116,655
down €116,655 (-15.1%), from €771,925 to €655,270
of which Trade receivables: -€155,794
- Cash -€60,342
down €60,342 (-49.0%), from €123,042 to €62,700
mainly Tax, wage and social debts (-€397,309) and Investment in fixed assets (net) (-€3,187)
- Tax, wage and social debts -€397,309
down €397,309 (-33.4%), from €1.2m to €792,323
- Trade debts +€123,758
up €123,758 (+364.1%), from €33,990 to €157,747
- Profit (loss) carried forward +€90,423
up €90,423 (+27.9%), from -€324,302 to -€233,879
- Gross operating margin -€220,271
down €220,271 (-90.2%), from €244,335 to €24,064
- Financial income +€86,555
up €86,555 (+277.7%), from €31,168 to €117,723
- Taxes -€20,242
down €20,242 (-34.9%), from €58,026 to €37,784
- Depreciation -€4,581
down €4,581 (-34.5%), from €13,286 to €8,705
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 | €911,719 | €729,162 | -€182,557 | -20.0% |
| Fixed assets | 21/28 | €13,427 | €7,909 | -€5,518 | -41.1% |
| Tangible fixed assets | 22/27 | €13,427 | €7,909 | -€5,518 | -41.1% |
| Plant, machinery and equipment | 23 | €12,069 | €7,172 | -€4,898 | -40.6% |
| Furniture and vehicles | 24 | €1,357 | €737 | -€620 | -45.7% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €898,292 | €721,254 | -€177,039 | -19.7% |
| Amounts receivable within one year | 40/41 | €771,925 | €655,270 | -€116,655 | -15.1% |
| Trade receivables | 40 | €221,758 | €65,964 | -€155,794 | -70.3% |
| Other amounts receivable | 41 | €550,167 | €589,306 | +€39,139 | +7.1% |
| Cash at bank and in hand | 54/58 | €123,042 | €62,700 | -€60,342 | -49.0% |
| Deferred charges and accrued income | 490/1 | €3,325 | €3,283 | -€42 | -1.3% |
| Total equity and liabilities | 10/49 | €911,719 | €729,162 | -€182,557 | -20.0% |
| Equity | 10/15 | -€311,902 | -€221,479 | +€90,423 | +29.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€324,302 | -€233,879 | +€90,423 | +27.9% |
| Amounts payable | 17/49 | €1,223,621 | €950,641 | -€272,980 | -22.3% |
| Amounts payable within one year | 42/48 | €1,223,621 | €950,070 | -€273,551 | -22.4% |
| Trade debts | 44 | €33,990 | €157,747 | +€123,758 | +364.1% |
| Suppliers | 440/4 | €33,990 | €157,747 | +€123,758 | +364.1% |
| Taxes, remuneration and social security | 45 | €1,189,632 | €792,323 | -€397,309 | -33.4% |
| Taxes | 450/3 | €1,189,632 | €792,323 | -€397,309 | -33.4% |
| Accrued charges and deferred income | 492/3 | - | €571 | +€571 | |
| Non-recurring operating income | 76A | €10,792 | €0 | -€10,792 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,286 | €8,705 | -€4,581 | -34.5% |
| Other operating charges | 640/8 | €633 | €1,052 | +€419 | +66.3% |
| Non-recurring operating charges | 66A | €64,472 | €3,128 | -€61,344 | -95.1% |
| Gross operating margin | 9900 | €244,335 | €24,064 | -€220,271 | -90.2% |
| Operating profit (loss) | 9901 | €165,943 | €11,178 | -€154,766 | -93.3% |
| Financial income | 75/76B | €31,168 | €117,723 | +€86,555 | +277.7% |
| Recurring financial income | 75 | €31,168 | €117,723 | +€86,555 | +277.7% |
| Financial charges | 65/66B | €1,176 | €693 | -€483 | -41.1% |
| Recurring financial charges | 65 | €1,176 | €693 | -€483 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €195,935 | €128,208 | -€67,728 | -34.6% |
| Income taxes | 67/77 | €58,026 | €37,784 | -€20,242 | -34.9% |
| Profit (loss) for the period | 9904 | €137,909 | €90,423 | -€47,486 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €137,909 | €90,423 | -€47,486 | -34.4% |
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 9 October 2026 via checked.be.