Active BE 0433.235.553Public limited company

ANCORAMAX

Chaussée de Bruxelles 95 ·1410 Waterloo, Belgium· 38 yrs active

Conclusion Checked

The computed 12-month bankruptcy probability of ANCORAMAX is 0.7% (low). The 2024 annual accounts show equity of €281k and a net result of €23k. Equity is growing by ~7.1% per year across the filed fiscal years. The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€281k
Net result	€23k
Active	38 yrs
Board	3

Financial profile 5 of 5 axes measured · computed by Checked

65 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 59

Profitability 40

Solvency 47

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

No NACE activity registered +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1988, 38 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

59 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~7.1%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€85k

+2.8% 18-24

Net profit

€23k

+15.0% 18-24

Cash flow

€64k

+6.0% 18-24

Total assets

€843k

+4.4% 18-24

Equity

€281k

+8.8% 18-24

Working capital

€-21k

- 18-24

Income taxes

€8k

-17.7% 18-24

Debt

€563k

+2.4% 18-24

Show 9 other metrics

Debt ≤ 1y

€78k

+9.5% 18-24

Debt > 1y

€484k

+1.3% 18-24

Current ratio

0.74

-47.8% 18-24

Quick ratio

0.74

-47.8% 18-24

Solvency

33.3%

+4.2% 18-24

Debt / equity

2.00

-5.9% 18-24

ROE

8.0%

+5.7% 18-24

ROA

2.7%

+10.1% 18-24

Interest coverage

6.57

-1.6% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€85k
Net profit	€23k
Cash flow	€64k
Staff costs	-
Income taxes	€8k
Dividends	-
Total assets	€843k
Equity	€281k
Debt	€563k
of which ≤ 1y	€78k
of which > 1y	€484k
Working capital	€-21k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.74
Quick ratio	0.74
Working capital ratio	-2.4%
Solvency	33.3%
Debt / equity	2.00
Long-term debt ratio	1.73
Interest coverage	6.57
Gross margin	-
Net margin	-
ROA	2.7%
ROE	8.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €786k · 93.2% Current assets €58k · 6.8%

Equity & liabilities

Equity €281k · 33.3% Debt €563k · 66.7%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€843k
Fixed assets	21/28	€786k
Tangible fixed assets	22/27	€786k
Current assets	29/58	€58k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€54k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€843k
Equity	10/15	€281k
Contributions / capital	10/11	€62k
Reserves	13	€213k
Accumulated profits (losses)	14	€6k
Amounts payable	17/49	€563k
Amounts payable after one year	17	€484k
Amounts payable within one year	42/48	€78k
Trade debts payable within one year	44	€20k
Income statement
Gross operating margin	9900	€93k
Operating result	9901	€44k
Financial charges	65	€13k
Result before taxes	9903	€31k
Income taxes	67/77	€8k
Net result for the period	9904	€23k
Result to be appropriated	9905	€23k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 5 directors

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (26310344). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

DR GESTIONLegal entity
Director· perm. rep.: ROULEZ Dominique
State Gazette act 26310344 (12-02-2026)

Current
02-02-2026 → present
2 events
- 02-02-2026 Appointed· Director
- 02-02-2026 Appointed· Managing director
MS GESTIONLegal entity
Director· perm. rep.: STAS de RICHELLE Maxime
State Gazette act 26310344 (12-02-2026)

Current
02-02-2026 → present
2 events
- 02-02-2026 Appointed· Director
- 02-02-2026 Appointed· Managing director
SJ GESTIONLegal entity
Director· perm. rep.: JEMELKA Sophie
State Gazette act 26310344 (12-02-2026)

Current
02-02-2026 → present
2 events
- 02-02-2026 Appointed· Director
- 02-02-2026 Appointed· Managing director

Former directors (2)

STAS de RICHELLE Antoinette
Director
State Gazette act 17162370 (21-11-2017)

Former
28-04-2017 → 02-02-2026
2 events
- 02-02-2026 Resigned· Director
- 28-04-2017 Appointed· Director
Amaury Stas de Richelle
Director
State Gazette act 17162370 (21-11-2017)

Former
- → 28-04-2017

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	01-02-1988
Status	Active
Postal code	1410

Establishment units 1 location

Chaussée de Bruxelles 95 B, 1410 Waterloo

Verhuur van woningen, exclusief sociale woningen

since 19882.033.815.826

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25763K0577/00F000	Wallonia	2,111 m²	1 · 424 m²	12.7 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

12-02-2026

State Gazette act Registered-office change

v3.2

2025

29-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

17-05-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

09-10-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

10-01-2023

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

08-11-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

10-12-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

31-08-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

24-08-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

21-11-2017

State Gazette act Director changes

v3.2

30-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2016

31-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

2012

17-02-2012

State Gazette act Capital & shares

v3.2

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts

Capital history · 1

17-02-2012

v3.2

Address history · 1

12-02-2026

v3.2

All acts · 3 updated 6 months ago

2026

12-02-2026 Registered office moved from Braine-l'Alleud to Waterloo Registered-office change

Rue Scolasse 41, 1420 Braine-l'Alleud → chaussée de Bruxelles 95, 1410 Waterloo

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "statutaire",
      "new_address": {
        "city": "Waterloo",
        "region": "R\u00E9gion wallonne",
        "street": "chauss\u00E9e de Bruxelles",
        "country": "BE",
        "postcode": "1410",
        "box_number": null,
        "street_number": "95"
      },
      "old_address": {
        "city": "Braine-l\u0027Alleud",
        "region": "R\u00E9gion wallonne",
        "street": "Rue Scolasse",
        "country": "BE",
        "postcode": "1420",
        "box_number": null,
        "street_number": "41"
      },
      "effective_date": "2026-02-02",
      "evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9clare que l\u2019adresse du si\u00E8ge est situ\u00E9e \u00E0 1410 Waterloo, chauss\u00E9e de Bruxelles 95."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0433.235.553",
    "name_full": "ANCORAMAX",
    "legal_form": "SA"
  }
}

2017

21-11-2017 1 director appointed, 1 resigning Director changes

Antoinette Stas de Richelle, Bestuurder
Amaury Stas de Richelle, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Amaury Stas de Richelle",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2017-04-28",
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale prend acte de la d\u00E9mission de Monsieur Amaury Stas de Richelle de sa fonction d\u0027administrateur de la soci\u00E9t\u00E9 avec effet le 28 avril 2017."
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Antoinette Stas de Richelle",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2017-04-28",
      "evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale nomme \u00E0 l\u0027unanimit\u00E9 Madame Antoinette Stas de Richelle comme administratrice de la soci\u00E9t\u00E9 avec effet au 28 avril 2017 pour une dur\u00E9e ind\u00E9termin\u00E9e."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0433.235.553",
    "name_full": "ANCORAMAX",
    "legal_form": "SA"
  }
}

2012

17-02-2012 Transaction in capital or shares Capital & shares

Summary: v3.2

Original publication ↗

Technical details

{
  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0433.235.553",
    "name_full": "ANCORAMAX",
    "legal_form": "SA"
  }
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

ANCORAMAX

Registered office

Chaussée de Bruxelles 95

1410 Waterloo, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.