MadMax
The computed 12-month bankruptcy probability of MadMax is 1.5% (moderate). The 2025 annual accounts show equity of €2k and a net result of €18k. Equity is shrinking by ~47.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 21% of 854 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2k |
| Net result | €18k |
| Better than sector | 21% |
| Active | 5 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.9% | 35.5% | |
| Net result | €18k | €10k | |
| Equity | €2k | €40k | |
| Gross operating margin | €28k | €31k | |
| Total assets | €113k | €132k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €28k |
| Net profit | €18k |
| Cash flow | €21k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €113k |
| Equity | €2k |
| Debt | €110k |
| of which ≤ 1y | €109k |
| of which > 1y | - |
| Working capital | €-5k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.95 |
| Quick ratio | 0.42 |
| Working capital ratio | -4.7% |
| Solvency | 1.9% |
| Debt / equity | 52.97 |
| Long-term debt ratio | - |
| Interest coverage | 3.67 |
| Gross margin | - |
| Net margin | - |
| ROA | 15.8% |
| ROE | 854.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €113k |
| Fixed assets | 21/28 | €9k |
| Intangible fixed assets | 21 | €9k |
| Current assets | 29/58 | €104k |
| Stocks & contracts in progress | 3 | €58k |
| Amounts receivable within one year | 40/41 | €39k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €113k |
| Equity | 10/15 | €2k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €7k |
| Accumulated profits (losses) | 14 | €-15k |
| Amounts payable | 17/49 | €110k |
| Amounts payable within one year | 42/48 | €109k |
| Trade debts payable within one year | 44 | €9k |
| Income statement | ||
| Gross operating margin | 9900 | €28k |
| Operating result | 9901 | €26k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €18k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
| NACE primary | Wholesale trade(46332) |
| Legal form | Private limited company(610) |
| Incorporation | 13-07-2021 |
| Status | Active |
| Postal code | 8500 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0426/00K005 | Flanders | 321 m² | 1 · 108 m² | 10.8 m · 2 fl. |
| 21492B0098/00F005 | Brussels | 180 m² | 1 · 108 m² | 16.2 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-10-2025 Registered office moved from Koekelberg to Kortrijk
- Pantheonlaan 27, 1081 Koekelberg → Koolkappersstraat 12, 8500 Kortrijk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Kortrijk",
"region": null,
"street": "Koolkappersstraat",
"country": "BE",
"postcode": "8500",
"box_number": null,
"street_number": "12"
},
"old_address": {
"city": "Koekelberg",
"region": null,
"street": "Pantheonlaan",
"country": "BE",
"postcode": "1081",
"box_number": null,
"street_number": "27"
},
"effective_date": "2025-10-09",
"evidence_quote": "EERSTE BESLISSING: Wijziging zetel De vergadering beslist om de zetel van de vennootschap te verplaatsen naar 8500 Kortrijk, Koolkappersstraat 12, doch dit adres niet te vermelden in de statuten."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0771.346.275",
"name_full": "MADMAX",
"legal_form": "BV"
}
}12-06-2023 Registered office moved from Brussel to Koekelberg
- Onze-Lieve-Vrouw van Vaakstraat 40, 1000 Brussel → Pantheonlaan 27, 1081 Koekelberg
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Koekelberg",
"region": "Brussels",
"street": "Pantheonlaan",
"country": "BE",
"postcode": "1081",
"box_number": null,
"street_number": "27"
},
"old_address": {
"city": "Brussel",
"region": "Brussels",
"street": "Onze-Lieve-Vrouw van Vaakstraat",
"country": "BE",
"postcode": "1000",
"box_number": "41",
"street_number": "40"
},
"effective_date": "2023-04-04",
"evidence_quote": "De algemene vergadering heeft beslist om de zetel van de vennootschap te verplaatsen naar 1081 Koekelberg, Pantheonlaan 27, en dit met ingang vanaf 4 april 2023."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0771.346.275",
"name_full": "MADMAX",
"legal_form": "BV"
}
}15-07-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1000 Brussel, Onze-Lieve-Vrouw van Vaakstraat 40 bus 41",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "DE COCK Max",
"niss": null,
"address": "1000 Brussel, Onze-Lieve-Vrouw van Vaakstraat 40 b041"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 7600,
"holder_person_name": "DE COCK Max",
"is_subscriber_only": false,
"n_shares_subscribed": 760,
"amount_subscribed_eur": 7600,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "DECOCK Alexander",
"niss": null,
"address": "1050 Elsene, Lesbroussartstraat 115 b1"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2400,
"holder_person_name": "DECOCK Alexander",
"is_subscriber_only": false,
"n_shares_subscribed": 240,
"amount_subscribed_eur": 2400,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0771.346.275",
"name_full": "MadMax",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-07-13",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MadMax |