FloorMax
ActiveSummary
The computed 12-month bankruptcy probability of FloorMax is 2.8% (moderate). The 2025 annual accounts show negative equity (-€2,860) and a net result of €5,913. Its solvency ranks better than 5% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 10-11-2023 Normal situation
- Registered office
- 83 active companies are registered at this address 8 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Laying of wooden floor and wall coverings NACE 43332
- Establishment unit
- 2.352.455.777 9051 Gent, since 10-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2025
Board and ownership
- BATINYANOVA Silviya SeryozhevaDirector
- RACHEV Ivaylo StefchovDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.8%
- Gross margin
- €9,136
- Turnover
- ≈ €92,000
- estimated
- Profit
- €5,913
- Equity
- -€2,860
- ▲ 67.4%
- Total assets
- €10,440
- ▲ 612%
- Staff
- ≈ 0.1 FTE
- estimated
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskFounded in 2023Last filed accounts filed 31 days late; 2 of the last 3 accounts lateNegative equity -€2,860lowers riskFigures for financial year 2025 (filed on 31-08-2026)Show the evidence
Checked score
About 3 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 43, micro). It does better than 3% of them on solvency, 13% on liquidity, 92% on profitability and 87% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
The company filed its last 2 accounts on average 46 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00467824.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a profit of €6,245, after a loss of €11,539 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €554 | €2,665 | ▲ 381% |
| Other operating charges640/8 | €405 | €225 | ▼ 44.4% |
| Gross operating margin9900 | -€10,580 | €9,136 | - |
| Operating profit (loss)9901 | -€11,539 | €6,245 | - |
| Financial income75/76B | €43 | - | - |
| Recurring financial income75 | €43 | - | - |
| Financial charges65/66B | €276 | €333 | ▲ 20.3% |
| Recurring financial charges65 | €276 | €333 | ▲ 20.3% |
| Profit (loss) for the period before taxes9903 | -€11,773 | €5,913 | - |
| Profit (loss) for the period9904 | -€11,773 | €5,913 | - |
| Profit (loss) for the period to be appropriated9905 | -€11,773 | €5,913 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1,467 | €10,440 | ▲ 612% |
| Current assets29/58 | €1,467 | €10,440 | ▲ 612% |
| Amounts receivable within one year40/41 | €1,250 | €8,561 | ▲ 585% |
| Trade receivables40 | €1,250 | €8,561 | ▲ 585% |
| Cash at bank and in hand54/58 | €217 | €1,878 | ▲ 767% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1,467 | €10,440 | ▲ 612% |
| Equity10/15 | -€8,773 | -€2,860 | ▲ 67.4% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€11,773 | -€5,860 | ▲ 50.2% |
| Amounts payable17/49 | €10,240 | €13,299 | ▲ 29.9% |
| Amounts payable within one year42/48 | €10,240 | €13,299 | ▲ 29.9% |
| Trade debts44 | €2,707 | €11,640 | ▲ 330% |
| Suppliers440/4 | €2,707 | €11,640 | ▲ 330% |
| Taxes, remuneration and social security45 | €179 | €1,660 | ▲ 826% |
| Taxes450/3 | €179 | €1,660 | ▲ 826% |
| Other amounts payable47/48 | €7,353 | - | - |
Historical observation
In July 2024, 1,017 companies had the same profile as FloorMax has now. Two years later, 89.2% were still going and 6.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of FloorMax itself: 2.8% within 12 months.
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 1,017 companies, not a prediction for FloorMax. 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
- RACHEV Ivaylo Stefchov founder
- BATINYANOVA Silviya Seryozheva founder
- RACHEV Ivaylo 50 shares (50%) · €1,500
- BATINYANOVA Silviya 50 shares (50%) · €1,500
Capital transactions
- 14-11-2023 Incorporation · €3,000 · 100 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BATINYANOVA Silviya Seryozheva |
|
| RACHEV Ivaylo Stefchov |
|
| Silviya Batinyanova |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, enkel mits uitdrukkelijk akkoord bestuurde vennootschap”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…”
Articles of association, deed of 14-11-2023 (in Dutch)
Network & group
FloorMax shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of FloorMax. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
02-06
Gazette deed
Registered office moved from Merelbeke to GentNew seat: Putstraat 4, 9051 Gent · Previous seat: Hündelgemsesteenweg 610, 9820 Merelbeke · Resignation: Silviya Batinyanova (director)5 points ▸
- General meeting, 30-04-2026
- Director resignation, Silviya Batinyanova (director (not named in the articles))
- Registered-office move, Putstraat 4,9051 Gent
- Board meeting, 30-04-2026
- Director resignation, Silviya Batinyanova (day-to-day manager)
14-11
Gazette deed
IncorporationStarting capital €3,000 · Appointments: RACHEV Ivaylo Stefchov (director) and BATINYANOVA Silviya Seryozheva (director) · Founder15 points ▸
- Incorporation, 09-11-2023
- Founder, RACHEV Ivaylo Stefchov
- Founder, BATINYANOVA Silviya Seryozheva
- Founding capital, €3,000
- Bank account, “BNP Paribas Fortis Bank, bijzondere rekening op naam vennootschap in oprichting, storting vóór oprichting” (deed in Dutch)
- Other provision, “slot- en overgangsbepalingen uitwerking, overeenkomstig wet” (deed in Dutch)
- Registered office clause, “9820 Merelbeke,Hundelgemsesteenweg 610” (deed in Dutch)
- Other provision, “info@floormax.be, website en e-mail” (deed in Dutch)
- Board rule, 2, “vergadering” (deed in Dutch)
- Director appointment, RACHEV Ivaylo Stefchov (director)
- Director appointment, BATINYANOVA Silviya Seryozheva (director)
- Other provision, “beroepsverbodverklaring, geen beroepsverbod uitgesproken zowel strafrechterlijk als civielrechterlijk” (deed in Dutch)
- The act holds 3 more points.
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
- Hündelgemsesteenweg 610, 9820 Merelbeke until 30-04-2026 · act of 02-06-2026
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 1002.139.662
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 54006N0215/00G002 | Wallonia | 4,973 m² | 1 · 571 m² | 11.8 m · 3 |
| 44062B0378/00F000 | Flanders | 748 m² | 1 · 145 m² | 5.7 m · 1 |