4MAX
ActiveSummary
The computed 12-month bankruptcy probability of 4MAX is 4.4% (elevated). The 2024 annual accounts show equity of €191,591 and a net result of €107,816. Its solvency ranks better than 75% of 1,618 sector peers (NACE 33, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 11-10-2022 Normal situation
- Activity
- Repair and maintenance of electrical equipment NACE 33140and 1 other
- Establishment unit
- 2.340.485.482 1731 Asse, since 11-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.4%
- Gross margin
- €140,290
- ▲ 38.1%
- Turnover
- ≈ €350,000
- estimated
- Profit
- €107,816
- ▲ 31.0%
- Equity
- €191,591
- ▲ 129%
- Total assets
- €275,237
- ▲ 104%
- 2025 accounts not filed, 96 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 179 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 27-01-2026)Size: total assets €275,237lowers riskLiquidity: current ratio 3.51, cash €112,181Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro). It does better than 77% of them on solvency, 90% on liquidity, 90% on profitability and 92% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 119 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 26-01-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2024 is 32% higher than in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 |
|---|---|---|
| Tangible fixed assets | €3,100 | €74,035 |
| Depreciation and write-downs of the year | €368 | €6,009 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €368 | €6,009 | ▲ 16× |
| Other operating charges640/8 | - | €300 | - |
| Gross operating margin9900 | €101,570 | €140,290 | ▲ 38.1% |
| Operating profit (loss)9901 | €101,202 | €133,981 | ▲ 32.4% |
| Financial income75/76B | €1,905 | €1,145 | ▼ 39.9% |
| Recurring financial income75 | €1,905 | €1,145 | ▼ 39.9% |
| Financial charges65/66B | €50 | €373 | ▲ 641% |
| Recurring financial charges65 | €50 | €373 | ▲ 641% |
| Profit (loss) for the period before taxes9903 | €103,056 | €134,753 | ▲ 30.8% |
| Income taxes67/77 | €20,781 | €26,937 | ▲ 29.6% |
| Profit (loss) for the period9904 | €82,275 | €107,816 | ▲ 31.0% |
| Profit (loss) for the period to be appropriated9905 | €82,275 | €107,816 | ▲ 31.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €135,175 | €275,237 | ▲ 104% |
| Fixed assets21/28 | €2,732 | €70,758 | ▲ 26× |
| Tangible fixed assets22/27 | €2,732 | €70,758 | ▲ 26× |
| Furniture and vehicles24 | €2,732 | €70,758 | ▲ 26× |
| Current assets29/58 | €132,443 | €204,479 | ▲ 54.4% |
| Amounts receivable after more than one year29 | €40,250 | €40,250 | = |
| Other amounts receivable291 | €40,250 | €40,250 | = |
| Amounts receivable within one year40/41 | €20,102 | €52,048 | ▲ 159% |
| Trade receivables40 | €19,643 | €14,020 | ▼ 28.6% |
| Other amounts receivable41 | €459 | €38,028 | ▲ 83× |
| Cash at bank and in hand54/58 | €72,090 | €112,181 | ▲ 55.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €135,175 | €275,237 | ▲ 104% |
| Equity10/15 | €83,775 | €191,591 | ▲ 129% |
| Contributions10/11 | €1,500 | €1,500 | = |
| Profit (loss) carried forward14 | €82,275 | €190,091 | ▲ 131% |
| Amounts payable17/49 | €51,399 | €83,646 | ▲ 62.7% |
| Amounts payable after more than one year17 | - | €25,456 | - |
| Financial debts170/4 | - | €25,456 | - |
| Amounts payable within one year42/48 | €51,399 | €58,190 | ▲ 13.2% |
| Current portion of amounts payable after more than one year42 | - | €8,212 | - |
| Trade debts44 | €30,618 | €2,495 | ▼ 91.9% |
| Suppliers440/4 | €30,618 | €2,495 | ▼ 91.9% |
| Taxes, remuneration and social security45 | €20,781 | €47,483 | ▲ 128% |
| Taxes450/3 | €20,781 | €47,483 | ▲ 128% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €82,275 | €107,816 | ▲ 31.0% |
| + Depreciation and write-downs630 | €368 | €6,009 | ▲ 16× |
| Operating cash flow (approximation) | €82,643 | €113,825 | ▲ 37.7% |
| Investment in fixed assets (approximation) | - | -€74,035 | - |
| Change in cash | - | €40,091 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as 4MAX has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of 4MAX itself is higher: 4.4% within 12 months. It rests on far more data about 4MAX than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for 4MAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- CONDE Paulo Manuel Felicio 100 shares (100%) · €1,500
Capital transactions
- 13-10-2022 Incorporation · €1,500 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Één of meer bestuurders, algemene vergadering die benoemt bepaalt aantal,duur opdracht en bij meerdere bevoegdheid”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid aantal bij meer kopers, elke overdracht onder levenden ten…”
Articles of association, deed of 13-10-2022 (in Dutch)
Network & group
4MAX shares no director with another company.
Companies at the same address
4 other companies- Merckx, Elisa (sole trader) Establishment · since 2026 1033281909
- Blaise, Eric (sole trader) Establishment · since 2022 0840629912
- Vereniging van mede-eigenaars Residentie te Halle, Brusselsesteenweg 273, te 1500 Halle, Brusselsesteenweg 273. Registered office · since 2013 0655825809
- Muyshondt Hendrik & Willem Registered office · since 2010 0826262529
Connections & network
1 current directorThe network starts from the directors of 4MAX. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
29-12
Gazette deed
Registered office moved from Asse to HalNew seat: Brusselsesteenweg, 273 Deur 12-1500 Hal · Previous seat: Nieuwe Steenweg, 4-1731 Asse2 points ▸
- General meeting, 13-06-2023
- Registered-office move, Brusselsesteenweg,273 Deur 12-1500 Hal
13-10
Gazette deed
IncorporationStarting capital €1,500 · Appointment: CONDE Paulo Manuel Felicio (director) · Founder13 points ▸
- Other provision, “Stalingradlaan 37,1000 Brussel, notariskantoor” (deed in Dutch)
- Founder, CONDE Paulo Manuel Felicio
- Other provision, 07-10-2022
- Other provision, “voorlichting oprichtersaansprakelijkheid, faillissement binnen 3 jaar te rekenen vanaf oprichting” (deed in Dutch)
- Incorporation, “4MAX” (deed in Dutch)
- Founding capital, €1,500
- Other provision, “vaststelling statuten, comparanten” (deed in Dutch)
- Registered office clause, “1731 Zellik (Asse),Nieuwe Steenweg 4, thans” (deed in Dutch)
- Other provision, “info@4power.be, website en e-mailadres” (deed in Dutch)
- Other provision, “waarschuwing comparanten, notaris” (deed in Dutch)
- General meeting, “buitengewone algemene vergadering, aanstonds na oprichting” (deed in Dutch)
- Board rule, 1
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Nieuwe Steenweg,4, 1731 Asse until 13-06-2023 · act of 29-12-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0792.310.846
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23027M0294/00X000 | Flanders | 1,618 m² | 1 · 477 m² | 2.8 m |
| 23095C0089/00D012 | Flanders | 1,481 m² | 1 · 730 m² | 11.8 m · 1 |