DE MAX!
ActiveSummary
DE MAX! has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€12,830) and a net result of -€6,030. Equity is shrinking by ~26.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability14▼-52
Solvency17▼-2
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.39 against 2.49 in 2025; short-term debt: 41.8% and cash: 28.1% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
-7.8%
Return on assets
-3.7%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year -€12,830
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 31-08-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
on the day
2025
62 d early
2024
65 d early
2023
63 d early
2022
57 d early
2021
55 d late
2020
26 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-01-2027 close31-08-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2026, micro schema
Equity
-€12,830▼ 22.8%
2025 · -€10,450
Total assets
€164,437▼ 2.9%
2025 · €169,431
Net result
-€6,030
2025 · €199
Working capital
€95,215▼ 5.5%
2025 · €100,705
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€7,827-€7,473▲ 4.5%-€1,883▲ 74.8%€386-€5,437
Net result-€7,814-€7,481▲ 4.3%-€1,976▲ 73.6%€199-€6,030
Equity-€1,818-€8,849▼ 387%-€10,574▼ 19.5%-€10,450▲ 1.2%-€12,830▼ 22.8%
Total assets€132,406▼ 4.8%€127,720▼ 3.5%€133,833▲ 4.8%€169,431▲ 26.6%€164,437▼ 2.9%
Debt€134,224▼ 0.3%€21,317▼ 84.1%€30,036▲ 40.9%€67,774▲ 126%€68,691▲ 1.4%
Working capital€2,767▼ 84.6%€109,175▲ 3,846%€103,627▼ 5.1%€100,705▼ 2.8%€95,215▼ 5.5%
Staff (FTE)8.89.9▲ 12.5%8.4▼ 15.2%14.3▲ 70.2%15.3▲ 7.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2026: a loss of €5,437 after €386 in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €164,437
Fixed assets
€531 ▼ 44.2%
Current assets
€163,905 ▼ 2.7%
Key figures and ratios
EBITDA
-€4,696▼
2025 · €1,058
Cash flow
-€5,289▼
2025 · €872
Solvency
-7.8%▼
2025 · -6.2%
Current ratio
2.39▼
2025 · 2.49
Debt to equity
-5.35▲
2025 · -6.49
ROA
-3.7%▼
2025 · 0.1%
Interest coverage
-23.20▼
2025 · 5.62
Debt ≤ 1 year
€68,691▲
2025 · €67,774
Income taxes
€453▲
2025 · €0
Staff costs
€413,420▲
2025 · €409,924
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €175,604 | €235,622 | €295,333 | €409,924 | €413,420 | ▲ 0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €776 | €776 | €1,229 | €672 | €741 | ▲ 10.2% |
| Gross operating margin9900 | €168,553 | €228,924 | €294,679 | €410,983 | €408,724 | ▼ 0.5% |
| Operating profit (loss)9901 | -€7,827 | -€7,473 | -€1,883 | €386 | -€5,437 | ▼ 1,508% |
| Financial income75/76B | €44 | €44 | €57 | €2 | €62 | ▲ 3,509% |
| Recurring financial income75 | €44 | €44 | €57 | €2 | €62 | ▲ 3,509% |
| Financial charges65/66B | €32 | €52 | €149 | €188 | €202 | ▲ 7.5% |
| Recurring financial charges65 | €32 | €52 | €149 | €188 | €202 | ▲ 7.5% |
| Profit (loss) for the period before taxes9903 | -€7,814 | -€7,481 | -€1,976 | €199 | -€5,577 | ▼ 2,896% |
| Income taxes67/77 | - | - | - | €0 | €453 | ▲ 174,104% |
| Profit (loss) for the period9904 | -€7,814 | -€7,481 | -€1,976 | €199 | -€6,030 | ▼ 3,127% |
| Profit (loss) for the period to be appropriated9905 | -€7,814 | -€7,481 | -€1,976 | €199 | -€6,030 | ▼ 3,127% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €132,406 | €127,720 | €133,833 | €169,431 | €164,437 | ▼ 2.9% |
| Fixed assets21/28 | €1,552 | €776 | €1,072 | €952 | €531 | ▼ 44.2% |
| Tangible fixed assets22/27 | €1,552 | €776 | €1,072 | €952 | €531 | ▼ 44.2% |
| Plant, machinery and equipment23 | €1,552 | €776 | €1,072 | €952 | €531 | ▼ 44.2% |
| Current assets29/58 | €130,854 | €126,943 | €132,761 | €168,479 | €163,905 | ▼ 2.7% |
| Amounts receivable within one year40/41 | €82 | €88 | €226 | €91,144 | €114,431 | ▲ 25.5% |
| Trade receivables40 | - | - | €141 | €91,069 | €114,356 | ▲ 25.6% |
| Other amounts receivable41 | €82 | €88 | €86 | €75 | €75 | = |
| Cash at bank and in hand54/58 | €129,388 | €124,499 | €69,811 | €74,068 | €46,185 | ▼ 37.6% |
| Deferred charges and accrued income490/1 | €1,384 | €2,357 | €62,724 | €3,267 | €3,289 | ▲ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €132,406 | €127,720 | €133,833 | €169,431 | €164,437 | ▼ 2.9% |
| Equity10/15 | -€1,818 | -€8,849 | -€10,574 | -€10,450 | -€12,830 | ▼ 22.8% |
| Contributions10/11 | €12,325 | €12,775 | €13,025 | €12,950 | €16,600 | ▲ 28.2% |
| Profit (loss) carried forward14 | -€14,143 | -€21,624 | -€23,599 | -€23,400 | -€29,430 | ▼ 25.8% |
| Provisions and deferred taxes16 | - | €115,251 | €114,372 | €112,108 | €108,576 | ▼ 3.1% |
| Provisions for liabilities and charges160/5 | - | €115,251 | €114,372 | €112,108 | €108,576 | ▼ 3.1% |
| Other liabilities and charges164/5 | - | €115,251 | €114,372 | €112,108 | €108,576 | ▼ 3.1% |
| Amounts payable17/49 | €134,224 | €21,317 | €30,036 | €67,774 | €68,691 | ▲ 1.4% |
| Amounts payable after more than one year17 | €1,758 | €879 | - | - | - | - |
| Financial debts170/4 | €1,758 | €879 | - | - | - | - |
| Amounts payable within one year42/48 | €128,087 | €17,769 | €29,134 | €67,774 | €68,691 | ▲ 1.4% |
| Current portion of amounts payable after more than one year42 | €879 | €879 | €879 | €0 | - | - |
| Trade debts44 | €10,895 | €33 | - | €693 | €1,558 | ▲ 125% |
| Suppliers440/4 | €10,895 | €33 | - | €693 | €1,558 | ▲ 125% |
| Taxes, remuneration and social security45 | - | €16,856 | €28,255 | €67,081 | €67,133 | ▲ 0.1% |
| Taxes450/3 | - | €310 | €251 | €341 | €699 | ▲ 105% |
| Remuneration and social security454/9 | - | €16,547 | €28,004 | €66,740 | €66,434 | ▼ 0.5% |
| Other amounts payable47/48 | €116,314 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €4,379 | €2,670 | €902 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,814 | -€7,481 | -€1,976 | €199 | -€6,030 | ▼ 3,127% |
| + Depreciation and write-downs630 | €776 | €776 | €1,229 | €672 | €741 | ▲ 10.2% |
| Operating cash flow (approximation) | -€7,038 | -€6,705 | -€747 | €872 | -€5,289 | ▼ 707% |
| Investment in fixed assets (approximation) | - | €0 | -€1,525 | -€552 | -€320 | ▲ 42.1% |
| Change in cash | - | -€4,889 | -€54,688 | €4,258 | -€27,883 | ▼ 755% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-01
Financial
Back to profitnet €199
Net result €199 after 3 loss-making years.
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
Financial
Liquidity times 7current ratio 7.14
Current ratio from 1.02 to 7.14; short-term debt falls from €128,087 to €17,769.
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 55 days late
31-01
Financial
Back to profitnet €16,600
Net result €16,600 after 2 loss-making years.
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-01
Financial
Weakest financial yearnet -€18,051
Net result drops to -€18,051, the lowest in the series; recovery starts the following year.
2019
21-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ingelmunster · 1 establishment unit since 2014
Ground area
7,593 m²
Building footprint
2,474 m²
Volume, LiDAR
15,723 m³
Parcel 36007B0615/00P000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Buitenschoolse Kinderopvang Ingelmunster
since 20142.237.708.143
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007B0615/00P000 | Flanders | 7,593 m² | 1 · 2,474 m² | 12.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 10,285 EUR awarded · 10,285 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,498 EUR | 7,498 EUR |
| 2024 | 1 | 2,232 EUR | 2,232 EUR |
| 2023 | 1 | 0 EUR | 555 EUR |
| 2022 | 1 | 555 EUR | 0 EUR |
Recognitions · licences · registrations
Dual-learning approval
1 live approvalKinderbegeleider duaal (so)
Similar companies · same sector, comparable size
MDA UCCLE
BE 1014.251.497
Ukkel · Eq €4,818
Kinderopvang De Hoeksteen
BE 0765.439.866
Diksmuide · Eq €15,091
SANA PUHKA
BE 0869.827.308
Sint-Pieters-Woluwe · Eq €15,379
La Porte Verte - éducation
BE 0776.374.439
Sint-Jans-Molenbeek · Eq €18,015
Maison Ouverte
BE 0424.700.345
Sint-Lambrechts-Woluwe · Eq €18,955
Of 158 companies in sector 88919 we hold annual accounts for 30. 7 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded23-09-2014
Fiscal year end31-01
Activities, NACEBEL 2025
88919Social work activities without accommodation
Contact
E-mail
bkingelmunster@gmail.com
Phone
+32497583120
Scores and ratios are computed by Checked and are not a credit decision.