FNRCK Max
ActiveSummary
The computed 12-month bankruptcy probability of FNRCK Max is 4.2% (elevated). The 2025 annual accounts show negative equity (-€145,905) and a net result of €39,884. Equity has been shrinking by about 10% per year since 2019. Its solvency ranks better than 5% of 13,741 sector peers (NACE 46, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 28-04-2006 Normal situation
- Activity
- Agents in non-specialised wholesale trade NACE 46190and 2 others
- Establishment units
- 2.153.284.192 9000 Gent, since 04-05-2006
- 2.393.828.950 1040 Etterbeek, since 03-09-2026
- Financial year end
- 30 June
- Peppol
- Reachable since 27-07-2026
Board and ownership
- CORMAN Xavier Gontran AndréDirector
- VAN dER LOOVEN David Hector RosaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.2%
- Gross margin
- €58,298
- ▲ 49.2%
- Turnover
- ≈ €270,000
- estimated
- Profit
- €39,884
- ▲ 36.5%
- Equity
- -€145,905
- ▲ 21.5%
- Total assets
- €48,730
- ▼ 10.9%
- Negative equity on 30-06-2025
Score breakdownraises risk2 changes of registered office in 24 monthsNegative equity -€145,905lowers riskFounded in 2006Liquidity: current ratio 0.25, cash €17,940Show 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 46, micro). It does better than 6% of them on solvency, 45% on liquidity, 95% on profitability and 77% on growth.
The bankruptcy probability was computed on 01-11-2026 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 7 accounts on average 88 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€145,905 View
- Caution: Lower solvency than 95% of companies in wholesale tradesector median 40.6% · 13,741 companies -299.4% View
- Board changedlatest change 04-03-2026 · 2 in office 2 joined · 1 left View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Recent changes
- · Gazette deed Company renamed from PEPPER CONSULTING to FNRCK MaxRegistered office moved from Waregem to Gent · Resignation: ORDAS PELLITERO Maria Belen (statutory director) · Appointments: VAN dER LOOVEN David Hector Rosa (director) and CORMAN Xavier Gontran André (director)
- · Gazette deed Registered office moved from Oudenaarde to Waregem
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as FNRCK Max: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €34,600 and €65,500, founded between 2002 and 2010.
| Company | Total assets | Gross margin |
|---|---|---|
| FNRCK Max Gent | €48,730 | €58,298 |
| HUVI Sint-Martens-Latem | €48,976 | €47,925 |
| AVANT GARDE DECO Ingelmunster | €39,105 | €57,452 |
| RICOBEL Gent | €37,137 | €32,968 |
| KAMEL MARKET Elsene | €49,497 | €42,081 |
| DGR IMMO Mouscron | €65,464 | €51,905 |
| SOPROBAT Genappe | €34,569 | €75,299 |
Key facts about FNRCK Max
- What is the company number of FNRCK Max?
- The company number of FNRCK Max is 0881.017.148. The VAT number is the same number with BE in front: BE 0881.017.148.
- Where is FNRCK Max based?
- The registered office is at Gelukstraat 34, 9000 Gent.Company details
- What does FNRCK Max do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of FNRCK Max?
- The legal form of FNRCK Max is Private limited company (BV).
- When was FNRCK Max founded?
- FNRCK Max was founded on 28-04-2006.
- Is FNRCK Max still active?
- Yes, FNRCK Max is an active enterprise in the KBO register.
- What is the turnover of FNRCK Max?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €58,298 and 30 comparable companies (NACE 461). It probably lies between €140,000 and €630,000.Financials
- Is FNRCK Max profitable?
- In financial year 2025, FNRCK Max made a profit of €39,884.
- Where can I find the annual accounts of FNRCK Max?
- FNRCK Max filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FNRCK Max due?
- FNRCK Max must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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