FAYMAX
ActiveSummary
The computed 12-month bankruptcy probability of FAYMAX is 6.4% (elevated). For FAYMAX, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €60k and a net result of €51k. Equity is growing by ~27.6% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100▲+6
Solvency74▼-14
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
6.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2023Solvency, return and age of the figures
Solvency
48.9%
Return on assets
41.9%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-12-2024, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
141 d late
2022
506 d late
2021
871 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k▲ 232%
2022 · €15k
2021: €40k
2022: €15k▼ -61.1% vs 2021lowest in 3 years
2023: €51k▲ +232% vs 2022highest in 3 years
2021 → 2023
Working capital
€58k▲ 21.5%
2022 · €48k
2021: €33klowest in 3 years
2022: €48k▲ +44.3% vs 2021
2023: €58k▲ +21.5% vs 2022highest in 3 years
2021 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Equity€33k-€49k▲ 46.6%€60k▲ 23.5%
2021: €33klowest in 3 years
2022: €49k▲ +46.6% vs 2021
2023: €60k▲ +23.5% vs 2022highest in 3 years
Operating result€48k-€21k▼ 56.8%€57k▲ 174%
2021: €48k
2022: €21k▼ -56.8% vs 2021lowest in 3 years
2023: €57k▲ +174% vs 2022highest in 3 years
Net result€40k-€15k▼ 61.1%€51k▲ 232%
2021: €40k
2022: €15k▼ -61.1% vs 2021lowest in 3 years
2023: €51k▲ +232% vs 2022highest in 3 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2023; 2023 is 174% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €123k
Fixed assets
€2k ▲ 146%
Current assets
€121k ▲ 56.9%
Equity and liabilities €123k
Equity
€60k ▲ 23.5%
Debt
€63k ▲ 115%
Debt's share of the balance-sheet total rises from 37.5% to 51.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▲
2022 · €21k
Cash flow
€53k▲
2022 · €16k
Current ratio
1.93▼
2022 · 2.64
Debt to equity
1.04▲
2022 · 0.60
ROE
85.5%▲
2022 · 31.8%
ROA
41.9%▲
2022 · 19.9%
Interest coverage
236.05▲
2022 · 19.10
Debt ≤ 1 year
€63k▲
2022 · €29k
Income taxes
€5k▲
2022 · €4k
Staff costs
€0▼
2022 · €35
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet
Code20222023
Assets
Total assets20/58€78k€123k▲
Fixed assets21/28€771€2k▲
Tangible fixed assets22/27€771€2k▲
Furniture and vehicles24€771€2k▲
Current assets29/58€77k€121k▲
Amounts receivable after more than one year29-€32k
Trade receivables290-€32k
Amounts receivable within one year40/41€33k€25k▼
Trade receivables40€30k€25k▼
Other amounts receivable41€3k€0▼
Cash at bank and in hand54/58€44k€64k▲
Deferred charges and accrued income490/1-€175
Equity and liabilities
Total equity and liabilities10/49€78k€123k▲
Equity10/15€49k€60k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€48k€59k▲
Amounts payable17/49€29k€63k▲
Amounts payable within one year42/48€29k€63k▲
Trade debts44€11k€0▼
Suppliers440/4€11k€0▼
Taxes, remuneration and social security45€18k€23k▲
Taxes450/3€18k€23k▲
Other amounts payable47/48€0€40k▲
Income statement
Code20222023
Remuneration, social security and pensions62€35€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€385€1k▲
Other operating charges640/8€1k€8k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€22k€68k▲
Operating profit (loss)9901€21k€57k▲
Financial income75/76B€138€175▲
Recurring financial income75€138€175▲
Financial charges65/66B€1k€246▼
Recurring financial charges65€1k€246▼
Profit (loss) for the period before taxes9903€20k€57k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€15k€51k▲
Profit (loss) for the period to be appropriated9905€15k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€99k▲
Profit (loss) brought forward from the previous period14P€32k€48k▲
Profit to be distributed694/7€0€40k▲
Directors or managers695€0€40k▲
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €385 | €1k | ▲ 196% |
| Other operating charges640/8 | - | €1k | €8k | ▲ 557% |
| Non-recurring operating charges66A | - | - | €2k | - |
| Gross operating margin9900 | €48k | €22k | €68k | ▲ 204% |
| Operating profit (loss)9901 | €48k | €21k | €57k | ▲ 174% |
| Financial income75/76B | €91 | €138 | €175 | ▲ 26.9% |
| Recurring financial income75 | €91 | €138 | €175 | ▲ 26.9% |
| Financial charges65/66B | €199 | €1k | €246 | ▼ 77.8% |
| Recurring financial charges65 | €199 | €1k | €246 | ▼ 77.8% |
| Profit (loss) for the period before taxes9903 | €48k | €20k | €57k | ▲ 187% |
| Income taxes67/77 | €8k | €4k | €5k | ▲ 25.1% |
| Profit (loss) for the period9904 | €40k | €15k | €51k | ▲ 232% |
| Profit (loss) for the period to be appropriated9905 | €40k | €15k | €51k | ▲ 232% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €51k | €78k | €123k | ▲ 57.7% |
| Fixed assets21/28 | - | €771 | €2k | ▲ 146% |
| Tangible fixed assets22/27 | - | €771 | €2k | ▲ 146% |
| Furniture and vehicles24 | - | €771 | €2k | ▲ 146% |
| Current assets29/58 | €51k | €77k | €121k | ▲ 56.9% |
| Amounts receivable after more than one year29 | - | - | €32k | - |
| Trade receivables290 | - | - | €32k | - |
| Amounts receivable within one year40/41 | €9k | €33k | €25k | ▼ 24.8% |
| Trade receivables40 | €6k | €30k | €25k | ▼ 17.9% |
| Other amounts receivable41 | €2k | €3k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €43k | €44k | €64k | ▲ 45.0% |
| Deferred charges and accrued income490/1 | - | - | €175 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €51k | €78k | €123k | ▲ 57.7% |
| Equity10/15 | €33k | €49k | €60k | ▲ 23.5% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €32k | €48k | €59k | ▲ 24.0% |
| Amounts payable17/49 | €18k | €29k | €63k | ▲ 115% |
| Amounts payable within one year42/48 | €18k | €29k | €63k | ▲ 115% |
| Trade debts44 | €783 | €11k | €0 | ▼ 100% |
| Suppliers440/4 | €783 | €11k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €10k | €18k | €23k | ▲ 23.4% |
| Taxes450/3 | €10k | €18k | €23k | ▲ 23.4% |
| Other amounts payable47/48 | €8k | €0 | €40k | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €15k | €51k | ▲ 232% |
| + Depreciation and write-downs630 | - | €385 | €1k | ▲ 196% |
| Operating cash flow (approximation) | €40k | €16k | €53k | ▲ 231% |
| Investment in fixed assets (approximation) | - | - | €-2k | - |
| Change in cash | - | €2k | €20k | ▲ 1,198% |
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
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 506 days late
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 871 days late
2023
31-12
Financial
Highest result since 2021net €51k ▲232%
Operating result €57k, net result €51k, both a record.
2022
31-12
Financial
Weakest financial yearnet €15k ▼61.1%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Brussel · 1 establishment unit since 2021
Ground area
198 m²
Building footprint
166 m²
Volume, LiDAR
1,766 m³
Parcel 21810L2255/00Y007, Brussels · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FAYMAX
since 20212.346.158.794
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21810L2255/00Y007 | Brussels | 198 m² | 1 · 166 m² | 17.3 m · 4 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded29-04-2021
Fiscal year end31-12
Contact
E-mail
alaminne@yahoo.fr
Scores and ratios are computed by Checked and are not a credit decision.