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MAKSIM CONSTRUCT

Active
Private limited company (pre-2019)founded 200917 yrs activeCharles Demeerstraat 51, 1020 Brussel, BelgiumKBO/BCE: BE 0816.862.734
Summary

The computed 12-month bankruptcy probability of MAKSIM CONSTRUCT is 4.5% (elevated). For MAKSIM CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €34,261 and a net result of -€179. Equity remains stable across the filed fiscal years (±1.7% per year). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2019
Profitability37▲+12
Solvency100▲+20
Growth32=
Track record100
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021
Solvency, return and age of the figures
Solvency
75%
Return on assets
-0.4%
Age of the figures
57 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-07-2022, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
26 d early
2019
28 d late
2018
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 8 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MAKSIM CONSTRUCT was incorporated on 7 July 2009.1 Total assets fell from EUR 76,830 in 2018 to EUR 45,690 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

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Financials · fiscal year 2021, micro schema

Equity
€34,261▲ 3.7%
2019 · €33,028
Total assets
€45,690▼ 23.3%
2019 · €59,603
Net result
-€179▲ 94.0%
2019 · -€3,003
Working capital
€34,441▲ 32.5%
2019 · €25,999
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192021
Operating result€11,474--€1,080-€95-
Net result€6,382--€3,003-€179-
Equity€36,031-€33,028▼ 8.3%€34,261-
Total assets€76,830-€59,603▼ 22.4%€45,690-
Debt€40,799-€26,575▼ 34.9%€11,428-
Working capital€28,416-€25,999▼ 8.5%€34,441-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2018: €11,474€11,474Net result 2018: €6,382€6,382Operating result 2019: -€1,080-€1,080Net result 2019: -€3,003-€3,003Operating result 2021: -€95-€95Net result 2021: -€179-€179201820192021-€5,000€0€5,000€10,000Operating result 2018: €11,474€11,500Net result 2018: €6,382€6,380Operating result 2019: -€1,080-€1,080Net result 2019: -€3,003-€3,000Operating result 2021: -€95-€95Net result 2021: -€179-€179201820192021
The operating result is -€95 in 2021, compared with -€1,080 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Equity and liabilities €45,690
Equity €34,261 ▲ 3.7%
Debt €11,428 ▼ 57.0%
Debt's share of the balance-sheet total falls from 44.6% to 25.0%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2019
Current ratio
4.06▲
2019 · 2.31
Debt to equity
0.33▲
2019 · 0.20
ROE
-0.5%▲
2019 · -9.1%
ROA
-0.4%▲
2019 · -5.0%
Debt ≤ 1 year
€11,248▼
2019 · €19,807
Income taxes
-€35▼
2019 · €1,479
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2019 · 41 lines
Balance sheet Code20192021
Assets
Total assets20/58€59,603€45,690▼
Fixed assets21/28€13,797€0▼
Tangible fixed assets22/27€13,797€0▼
Plant, machinery and equipment23-€0
Furniture and vehicles24-€0
Current assets29/58€45,806€45,690▼
Amounts receivable within one year40/41€42,339€43,777▲
Trade receivables40-€16,012
Other amounts receivable41-€27,764
Cash at bank and in hand54/58€794€1,913▲
Equity and liabilities
Total equity and liabilities10/49€59,603€45,690▼
Equity10/15€33,028€34,261▲
Contributions10/11€6,200€6,200=
Outside capital11-€6,200
Other1109/19-€6,200
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€24,968€26,201▲
Amounts payable17/49€26,575€11,428▼
Amounts payable after more than one year17€6,588-
Amounts payable within one year42/48€19,807€11,248▼
Trade debts44€1,455€718▼
Suppliers440/4-€718
Taxes, remuneration and social security45-€2,653
Taxes450/3-€2,653
Other amounts payable47/48-€7,878
Accrued charges and deferred income492/3-€180
Income statement Code20192021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,797-
Other operating charges640/8-€348
Gross operating margin9900€13,065€253▼
Operating profit (loss)9901-€1,080-€95▲
Recurring financial income75€1-
Financial charges65/66B-€120
Recurring financial charges65€446€120▼
Profit (loss) for the period before taxes9903-€1,524-€215▲
Income taxes67/77€1,479-€35▼
Profit (loss) for the period9904-€3,003-€179▲
Profit (loss) for the period to be appropriated9905-€3,003-€179▲
Appropriation of the result
Profit (loss) to be appropriated9906-€26,201
Profit (loss) brought forward from the previous period14P-€26,380

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192021Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,862€13,797--
Other operating charges640/8--€348-
Gross operating margin9900€25,684€13,065€253-
Operating profit (loss)9901€11,474-€1,080-€95-
Recurring financial income75€0€1--
Financial charges65/66B--€120-
Recurring financial charges65€2,359€446€120-
Profit (loss) for the period before taxes9903€9,116-€1,524-€215-
Income taxes67/77€2,734€1,479-€35-
Profit (loss) for the period9904€6,382-€3,003-€179-
Profit (loss) for the period to be appropriated9905€6,382-€3,003-€179-
Line201820192021Change
Assets
Total assets20/58€76,830€59,603€45,690-
Fixed assets21/28€27,594€13,797€0-
Tangible fixed assets22/27€27,594€13,797€0-
Plant, machinery and equipment23--€0-
Furniture and vehicles24--€0-
Current assets29/58€49,236€45,806€45,690-
Amounts receivable within one year40/41€46,631€42,339€43,777-
Trade receivables40--€16,012-
Other amounts receivable41--€27,764-
Cash at bank and in hand54/58€68€794€1,913-
Equity and liabilities
Total equity and liabilities10/49€76,830€59,603€45,690-
Equity10/15€36,031€33,028€34,261-
Contributions10/11€6,200€6,200€6,200-
Outside capital11--€6,200-
Other1109/19--€6,200-
Reserves13€1,860€1,860€1,860-
Non-distributable reserves130/1--€1,860-
Reserves not available under the articles1311--€1,860-
Profit (loss) carried forward14€27,971€24,968€26,201-
Amounts payable17/49€40,799€26,575€11,428-
Amounts payable after more than one year17€19,799€6,588--
Amounts payable within one year42/48€20,820€19,807€11,248-
Trade debts44€3,555€1,455€718-
Suppliers440/4--€718-
Taxes, remuneration and social security45--€2,653-
Taxes450/3--€2,653-
Other amounts payable47/48--€7,878-
Accrued charges and deferred income492/3--€180-
Line201820192021Change
Profit (loss) for the period9904€6,382-€3,003-€179-
+ Depreciation and write-downs630€13,862€13,797--
Operating cash flow (approximation)€20,244€10,794-€179-
Investment in fixed assets (approximation)-€0--
Change in cash-€727--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial Weakest financial yearnet -€3,003
Net result drops to -€3,003, the lowest in the series; recovery starts the following year.
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 17 days late
2015
19-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 19 days late
2014
25-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 25 days late
2013
29-08
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 29 days late
2012
23-08
NBB filing Annual accounts filed
fiscal year 2011 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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 2009
seat establishment The establishment unit on the map
Ground area
121 m²
Building footprint
90 m²
Volume, LiDAR
711 m³
Parcel 21815D0030/00Z004, Brussels · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MAKSIM CONSTRUCT
Charles Demeerstraat 51, 1020 BrusselGeneral construction of buildings
since 20092.187.999.801
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0030/00Z004 Brussels 121 m² 1 · 90 m² 10.3 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2009
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.