VanMax Multiwork: 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.
VanMax Multiwork
Largest movements
- Receivables within one year +€31,617
up €31,617 (+2,269%), from €1,393 to €33,010
of which Trade receivables: +€32,209
- Cash -€4,200
down €4,200 (-98.7%), from €4,256 to €56
mainly Receivables within one year (-€31,617) and Net result for the year (-€5,590)
- Tangible fixed assets -€825
down €825 (-21.7%), from €3,802 to €2,977
- Other debts +€19,280
up €19,280 (+1,281%), from €1,505 to €20,785
- Trade debts +€13,610
up €13,610 (+477%), from €2,856 to €16,466
- Profit (loss) carried forward -€5,590
down €5,590, from €1,882 to -€3,708
- Tax, wage and social debts -€708
no longer reported in 2023 (was €708)
- Gross operating margin -€26,200
down €26,200, from €24,806 to -€1,394
- Staff costs -€21,055
no longer reported in 2023 (was €21,055)
- Other operating charges +€3,263
up €3,263 (+3,021%), from €108 to €3,371
- Taxes -€708
no longer reported in 2023 (was €708)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,451 | €36,043 | +€26,592 | +281% |
| Fixed assets | 21/28 | €3,802 | €2,977 | -€825 | -21.7% |
| Tangible fixed assets | 22/27 | €3,802 | €2,977 | -€825 | -21.7% |
| Furniture and vehicles | 24 | €3,802 | €2,977 | -€825 | -21.7% |
| Current assets | 29/58 | €5,649 | €33,066 | +€27,417 | +485% |
| Amounts receivable within one year | 40/41 | €1,393 | €33,010 | +€31,617 | +2,269% |
| Trade receivables | 40 | €521 | €32,730 | +€32,209 | +6,177% |
| Other amounts receivable | 41 | €872 | €280 | -€592 | -67.9% |
| Cash at bank and in hand | 54/58 | €4,256 | €56 | -€4,200 | -98.7% |
| Total equity and liabilities | 10/49 | €9,451 | €36,043 | +€26,592 | +281% |
| Equity | 10/15 | €4,382 | -€1,208 | -€5,590 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | - | -€2,500 | |
| Issued capital | 100 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €1,882 | -€3,708 | -€5,590 | |
| Amounts payable | 17/49 | €5,069 | €37,251 | +€32,182 | +635% |
| Amounts payable within one year | 42/48 | €5,069 | €37,251 | +€32,182 | +635% |
| Trade debts | 44 | €2,856 | €16,466 | +€13,610 | +477% |
| Suppliers | 440/4 | €2,856 | €16,466 | +€13,610 | +477% |
| Taxes, remuneration and social security | 45 | €708 | - | -€708 | |
| Taxes | 450/3 | €708 | - | -€708 | |
| Other amounts payable | 47/48 | €1,505 | €20,785 | +€19,280 | +1,281% |
| Remuneration, social security and pensions | 62 | €21,055 | - | -€21,055 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €825 | €825 | -€0 | 0.0% |
| Other operating charges | 640/8 | €108 | €3,371 | +€3,263 | +3,021% |
| Gross operating margin | 9900 | €24,806 | -€1,394 | -€26,200 | |
| Operating profit (loss) | 9901 | €2,819 | -€5,590 | -€8,409 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €230 | - | -€230 | |
| Recurring financial charges | 65 | €230 | - | -€230 | |
| Profit (loss) for the period before taxes | 9903 | €2,590 | -€5,590 | -€8,180 | |
| Income taxes | 67/77 | €708 | - | -€708 | |
| Profit (loss) for the period | 9904 | €1,882 | -€5,590 | -€7,472 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,882 | -€5,590 | -€7,472 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.