MAX BOTERHAMMEN
ActiveMAX BOTERHAMMEN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231k and a net result of €7k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 13204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-2
Solvency64▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.48 in 2024; short-term debt: 36% and cash: 6% of total assets), and 60.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.4%
Return on assets
1.2%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
16 d late
2024
on the day
2023
20 d late
2022
27 d late
2021
3 d early
2020
57 d late
2019
24 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€231k▲ 3.1%
2024 · €224k
2019: €92k
2020: €94k
2021: €133k
2022: €187k
2023: €208k
2024: €224k
2019 → 2025
Total assets
€586k▼ 9.0%
2024 · €645k
2019: €378k
2020: €356k
2021: €397k
2022: €400k
2023: €588k
2024: €645k
2019 → 2025
Net result
€7k▼ 56.1%
2024 · €16k
2019: €75
2020: €3k
2021: €39k
2022: €54k
2023: €21k
2024: €16k
2019 → 2025
Working capital
€-117k▲ 14.8%
2024 · €-137k
2019: €-156k
2020: €-168k
2021: €-166k
2022: €-157k
2023: €-165k
2024: €-137k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€187k▲ 40.9%€208k▲ 11.4%€224k▲ 7.5%€231k▲ 3.1%
Operating result€54k-€82k▲ 52.9%€38k▼ 54.0%€44k▲ 17.9%€34k▼ 24.5%
Net result€39k-€54k▲ 41.2%€21k▼ 60.8%€16k▼ 26.2%€7k▼ 56.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586k
Fixed assets
€492k▼ 5.3%
Current assets
€94k▼ 24.7%
Equity and liabilities €586k
Equity
€231k▲ 3.1%
Debt
€355k▼ 15.5%
The debt ratio falls from 65.2% to 60.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€88k▼
2024 · €98k
Cash flow
€61k▼
2024 · €69k
Solvency
39.4%▲
2024 · 34.8%
Current ratio
0.45▼
2024 · 0.48
Quick ratio
0.35▼
2024 · 0.41
Debt / equity
1.54▼
2024 · 1.88
ROE
3.0%▼
2024 · 7.0%
ROA
1.2%▼
2024 · 2.4%
Interest coverage
4.15▼
2024 · 4.20
Debt
€355k▼
2024 · €420k
Debt ≤ 1 year
€211k▼
2024 · €262k
Debt > 1 year
€134k▼
2024 · €154k
Income taxes
€6k▲
2024 · €5k
Staff costs
€230k▲
2024 · €190k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€645k€586k▼
Fixed assets21/28€519k€492k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€516k€487k▼
Land and buildings22€304k€298k▼
Plant, machinery and equipment23€199k€178k▼
Furniture and vehicles24€13k€11k▼
Financial fixed assets28€3k€3k=
Current assets29/58€125k€94k▼
Stocks and contracts in progress3€19k€20k▲
Stocks30/36€19k€20k▲
Amounts receivable within one year40/41€70k€15k▼
Trade receivables40€70k€13k▼
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€9k€35k▲
Deferred charges and accrued income490/1€28k€24k▼
Equity and liabilities
Total equity and liabilities10/49€645k€586k▼
Equity10/15€224k€231k▲
Contributions10/11€30k€30k=
Reserves13€95k€95k=
Non-distributable reserves130/1€4k€0▼
Reserves not available under the articles1311€4k€0▼
Tax-exempt reserves132€39k€39k=
Distributable reserves133€51k€55k▲
Profit (loss) carried forward14€100k€107k▲
Amounts payable17/49€420k€355k▼
Amounts payable after more than one year17€154k€134k▼
Financial debts170/4€154k€134k▼
Amounts payable within one year42/48€262k€211k▼
Current portion of amounts payable after more than one year42€28k€19k▼
Financial debts43€52k€50k▼
Credit institutions430/8€52k€50k▼
Trade debts44€125k€89k▼
Suppliers440/4€125k€89k▼
Taxes, remuneration and social security45€57k€53k▼
Taxes450/3€48k€35k▼
Remuneration and social security454/9€9k€18k▲
Other amounts payable47/48€305€0▼
Accrued charges and deferred income492/3€5k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€190k€230k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€54k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€295k€322k▲
Operating profit (loss)9901€44k€34k▼
Financial income75/76B€95€373▲
Recurring financial income75€95€373▲
Financial charges65/66B€23k€21k▼
Recurring financial charges65€23k€21k▼
Profit (loss) for the period before taxes9903€21k€13k▼
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€16k€7k▼
Profit (loss) for the period to be appropriated9905€16k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€107k▲
Profit (loss) brought forward from the previous period14P€84k€100k▲
Social balance
Average headcount (FTE)90874.7-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
30-06
Financial
Equity above €200kEq €208k ▲11.4%
5 profitable years in a row build equity to €208k.
27-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 27 days late
2022
30-06
Financial
Highest result since 2019net €54k ▲41.2%
Operating result €82k, net result €54k, both a record.
30-06
Financial
Equity above €150kEq €187k ▲40.9%
4 profitable years in a row build equity to €187k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €133k ▲40.8%
3 profitable years in a row build equity to €133k.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 57 days late
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
11-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 39 days late
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Aalst · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ninovesteenweg 1699320 AalstGround area
2,866 m²
Building footprint
210 m²
Volume, LiDAR
1,204 m³
Parcel 41342B0169/00W000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Meneer Max
since 19912.055.053.678
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0169/00W000 | Flanders | 2,866 m² | 1 · 210 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.055.053.678
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
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MATTO
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Turnhout · Eq €231k
M.E. gusta vino!
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Geel · Eq €231k
JVDW
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Blankenberge · Eq €231k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 8,227 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-1991
Fiscal year end30-06
Activities, NACEBEL
55302
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.meneermax.be
E-mail:info@meneermax.be