MAX ! CREATIVE SERVICES
ActiveSummary
MAX ! CREATIVE SERVICES has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €-8k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 1932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability30▼-13
Solvency67▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.83 in 2023; short-term debt: 57.9% and cash: 95.1% of total assets), but 57.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
42.1%
Return on assets
-2.9%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
12 d early
2022
27 d early
2021
33 d early
2020
73 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€121k▼ 6.5%
2023 · €130k
2018: €83klowest in 7 years
2019: €90k▲ +7.8% vs 2018
2020: €106k▲ +17.8% vs 2019
2021: €114k▲ +7.7% vs 2020
2022: €123k▲ +8.4% vs 2021
2023: €130k▲ +5.1% vs 2022highest in 7 years
2024: €121k▼ -6.5% vs 2023
2018 → 2024
Total assets
€288k▼ 5.0%
2023 · €303k
2018: €228k
2019: €225k▼ -0.9% vs 2018lowest in 7 years
2020: €246k▲ +9.2% vs 2019
2021: €257k▲ +4.6% vs 2020
2022: €274k▲ +6.5% vs 2021
2023: €303k▲ +10.6% vs 2022highest in 7 years
2024: €288k▼ -5.0% vs 2023
2018 → 2024
Net result
€-8k
2023 · €6k
2018: €9k
2019: €6k▼ -29.1% vs 2018
2020: €16k▲ +146% vs 2019highest in 7 years
2021: €8k▼ -49.3% vs 2020
2022: €10k▲ +17.5% vs 2021
2023: €6k▼ -33.2% vs 2022
2024: €-8k▼ -233% vs 2023lowest in 7 years
2018 → 2024
Working capital
€121k▼ 11.8%
2023 · €138k
2018: €88klowest in 7 years
2019: €95k▲ +7.0% vs 2018
2020: €111k▲ +16.8% vs 2019
2021: €119k▲ +7.5% vs 2020
2022: €129k▲ +8.1% vs 2021
2023: €138k▲ +7.0% vs 2022highest in 7 years
2024: €121k▼ -11.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€106k-€114k▲ 7.7%€123k▲ 8.4%€130k▲ 5.1%€121k▼ 6.5%
2020: €106klowest in 5 years
2021: €114k▲ +7.7% vs 2020
2022: €123k▲ +8.4% vs 2021
2023: €130k▲ +5.1% vs 2022highest in 5 years
2024: €121k▼ -6.5% vs 2023
Operating result€30k-€18k▼ 41.0%€21k▲ 17.0%€19k▼ 8.8%€-8k
2020: €30khighest in 5 years
2021: €18k▼ -41.0% vs 2020
2022: €21k▲ +17.0% vs 2021
2023: €19k▼ -8.8% vs 2022
2024: €-8k▼ -143% vs 2023lowest in 5 years
Net result€16k-€8k▼ 49.3%€10k▲ 17.5%€6k▼ 33.2%€-8k
2020: €16khighest in 5 years
2021: €8k▼ -49.3% vs 2020
2022: €10k▲ +17.5% vs 2021
2023: €6k▼ -33.2% vs 2022
2024: €-8k▼ -233% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €19k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €288k
Equity
€121k ▼ 6.5%
Debt
€167k ▼ 3.9%
Debt's share of the balance-sheet total rises from 57.2% to 57.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.73▼
2023 · 1.83
Debt to equity
1.38▲
2023 · 1.34
ROE
-7.0%▼
2023 · 4.9%
ROA
-2.9%▼
2023 · 2.1%
Debt ≤ 1 year
€167k▲
2023 · €166k
Income taxes
€0▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€303k€288k▼
Current assets29/58€303k€288k▼
Amounts receivable within one year40/41€15k€14k▼
Trade receivables40€15k€12k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€289k€274k▼
Equity and liabilities
Total equity and liabilities10/49€303k€288k▼
Equity10/15€130k€121k▼
Contributions10/11€19k€19k=
Reserves13€57k€57k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€54k€45k▼
Amounts payable17/49€174k€167k▼
Amounts payable within one year42/48€166k€167k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Advances received on contracts in progress46€11k€12k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€10k€4k▼
Other amounts payable47/48€140k€149k▲
Accrued charges and deferred income492/3€8k€0▼
Income statement
Code20232024
Other operating charges640/8€384€387▲
Gross operating margin9900€19k€-8k▼
Operating profit (loss)9901€19k€-8k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€8k€293▼
Recurring financial charges65€8k€293▼
Profit (loss) for the period before taxes9903€11k€-8k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€6k€-8k▼
Profit (loss) for the period to be appropriated9905€6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€45k▼
Profit (loss) brought forward from the previous period14P€54k€54k=
Transfer to equity691/2€6k€0▼
To other reserves6921€6k€0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €30k | €18k | €21k | €19k | €-8k | ▼ 141% |
| Operating profit (loss)9901 | €30k | €18k | €21k | €19k | €-8k | ▼ 143% |
| Financial income75/76B | - | €0 | €30 | €1 | €0 | ▼ 100% |
| Recurring financial income75 | €3 | €0 | €30 | €1 | €0 | ▼ 100% |
| Financial charges65/66B | - | €5k | €5k | €8k | €293 | ▼ 96.4% |
| Recurring financial charges65 | €5k | €5k | €5k | €8k | €293 | ▼ 96.4% |
| Profit (loss) for the period before taxes9903 | €25k | €12k | €15k | €11k | €-8k | ▼ 179% |
| Income taxes67/77 | €9k | €4k | €6k | €4k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €16k | €8k | €10k | €6k | €-8k | ▼ 233% |
| Profit (loss) for the period to be appropriated9905 | €16k | €8k | €10k | €6k | €-8k | ▼ 233% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €246k | €257k | €274k | €303k | €288k | ▼ 5.0% |
| Current assets29/58 | €246k | €257k | €274k | €303k | €288k | ▼ 5.0% |
| Amounts receivable within one year40/41 | €9k | €525 | €10k | €15k | €14k | ▼ 3.3% |
| Trade receivables40 | - | €422 | €10k | €15k | €12k | ▼ 14.1% |
| Other amounts receivable41 | - | €102 | €0 | - | €2k | - |
| Cash at bank and in hand54/58 | €237k | €257k | €264k | €289k | €274k | ▼ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €246k | €257k | €274k | €303k | €288k | ▼ 5.0% |
| Equity10/15 | €106k | €114k | €123k | €130k | €121k | ▼ 6.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €33k | €42k | €51k | €57k | €57k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €40k | €49k | €56k | €56k | = |
| Profit (loss) carried forward14 | €54k | €54k | €54k | €54k | €45k | ▼ 15.8% |
| Amounts payable17/49 | €140k | €144k | €151k | €174k | €167k | ▼ 3.9% |
| Amounts payable within one year42/48 | €136k | €139k | €146k | €166k | €167k | ▲ 0.6% |
| Trade debts44 | €3k | €2k | €2k | €5k | €2k | ▼ 65.3% |
| Suppliers440/4 | - | €2k | €2k | €5k | €2k | ▼ 65.3% |
| Advances received on contracts in progress46 | - | €223 | €0 | €11k | €12k | ▲ 11.2% |
| Taxes, remuneration and social security45 | - | €10k | €9k | €10k | €4k | ▼ 57.8% |
| Taxes450/3 | - | €10k | €9k | €10k | €4k | ▼ 57.8% |
| Other amounts payable47/48 | - | €126k | €134k | €140k | €149k | ▲ 6.3% |
| Accrued charges and deferred income492/3 | - | €5k | €5k | €8k | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €8k | €10k | €6k | €-8k | ▼ 233% |
| Operating cash flow (approximation) | €16k | €8k | €10k | €6k | €-8k | ▼ 233% |
| Change in cash | - | €20k | €7k | €24k | €-15k | ▼ 160% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
31-12
Financial
Highest result since 2018net €16k ▲146%
Operating result €30k, net result €16k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲17.8%
3 profitable years in a row build equity to €106k.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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 1989
Ground area
378 m²
Building footprint
344 m²
Volume, LiDAR
8,082 m³
Parcel 21811M0542/00R000, Brussels · tallest building 29.6 m, ±9 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
MAX ! CREATIVE SERVICES
since 19892.041.462.295
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0542/00R000 | Brussels | 378 m² | 1 · 344 m² | 29.6 m · 9 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.
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Of 1,321 companies in sector 59111 we hold annual accounts for 688. 495 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
59111Production of cinema films
Scores and ratios are computed by Checked and are not a credit decision.