TruxMax: 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.
TruxMax
Largest movements
- Stocks and contracts +€500,250
new in 2025: €500,250
- Receivables within one year +€300,337
up €300,337 (+65528.5%), from €458 to €300,795
- Cash +€184,724
up €184,724 (+5131.2%), from €3,600 to €188,324
mainly Trade debts (+€791,780) and Net result for the year (+€257,315)
- Tangible fixed assets +€63,784
new in 2025: €63,784
- Trade debts +€791,780
up €791,780 (+22421.3%), from €3,531 to €795,311
- Profit (loss) carried forward +€257,315
up €257,315, from -€3,073 to €254,242
- Gross operating margin +€270,222
up €270,222, from -€3,073 to €267,149
- Depreciation +€6,256
new in 2025: €6,256
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 | €4,058 | €1,053,153 | +€1.0m | +25850.4% |
| Fixed assets | 21/28 | - | €63,784 | +€63,784 | |
| Tangible fixed assets | 22/27 | - | €63,784 | +€63,784 | |
| Furniture and vehicles | 24 | - | €63,784 | +€63,784 | |
| Current assets | 29/58 | €4,058 | €989,369 | +€985,311 | +24278.7% |
| Stocks and contracts in progress | 3 | - | €500,250 | +€500,250 | |
| Stocks | 30/36 | - | €500,250 | +€500,250 | |
| Amounts receivable within one year | 40/41 | €458 | €300,795 | +€300,337 | +65528.5% |
| Other amounts receivable | 41 | €458 | €300,795 | +€300,337 | +65528.5% |
| Cash at bank and in hand | 54/58 | €3,600 | €188,324 | +€184,724 | +5131.2% |
| Total equity and liabilities | 10/49 | €4,058 | €1,053,153 | +€1.0m | +25850.4% |
| Equity | 10/15 | €527 | €257,842 | +€257,315 | +48831.0% |
| Contributions | 10/11 | €3,600 | €3,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,073 | €254,242 | +€257,315 | |
| Amounts payable | 17/49 | €3,531 | €795,311 | +€791,780 | +22421.3% |
| Amounts payable within one year | 42/48 | €3,531 | €795,311 | +€791,780 | +22421.3% |
| Trade debts | 44 | €3,531 | €795,311 | +€791,780 | +22421.3% |
| Suppliers | 440/4 | €3,531 | €795,311 | +€791,780 | +22421.3% |
| Remuneration, social security and pensions | 62 | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,256 | +€6,256 | |
| Other operating charges | 640/8 | - | €2,267 | +€2,267 | |
| Gross operating margin | 9900 | -€3,073 | €267,149 | +€270,222 | |
| Operating profit (loss) | 9901 | -€3,073 | €257,801 | +€260,874 | |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | - | €498 | +€498 | |
| Recurring financial charges | 65 | - | €498 | +€498 | |
| Profit (loss) for the period before taxes | 9903 | -€3,073 | €257,315 | +€260,388 | |
| Profit (loss) for the period | 9904 | -€3,073 | €257,315 | +€260,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,073 | €257,315 | +€260,388 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.