MAX DE TWEEDE

Active

Private limited companyfounded 20215 yrs activeKoning Albertstraat 64, 3500 Hasselt, BelgiumKBO/BCE: BE 0767.777.566

The computed 12-month bankruptcy probability of MAX DE TWEEDE is 4.8% (elevated). The 2025 annual accounts show negative equity (€-139k) and a net result of €-59k. Equity is shrinking by ~76.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 3620 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

32 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability52▼-17

Solvency9▼-7

Growth58=

Track record94

Bankruptcy probability, 12 months

4.8% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.46 against 0.45 in 2024; short-term debt: 89.3% and cash: 21.5% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

-16.3%

Return on assets

-6.9%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

22232425

2022 to 2025 · latest year €-139k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 4 filings

Deviation from the deadline

2025

28 d late

2024

29 d late

2023

30 d late

2022

31 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€-139k▼ 74.0%

2024 · €-80k

2022: €48k 2023: €-78k 2024: €-80k

2022 → 2025

Total assets

€852k▼ 4.9%

2024 · €895k

2022: €996k 2023: €951k 2024: €895k

2022 → 2025

Net result

€-59k▼ 3,543%

2024 · €-2k

2022: €-227k 2023: €-127k 2024: €-2k

2022 → 2025

Working capital

€-411k▼ 18.3%

2024 · €-347k

2022: €-124k 2023: €-282k 2024: €-347k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€48k-€-78k€-80k▼ 2.1%€-139k▼ 74.0%

Operating result€-214k-€-117k▲ 45.5%€6k€-51k

Net result€-227k-€-127k▲ 44.1%€-2k▲ 98.7%€-59k▼ 3,543%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €51k after €6k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €852k

58.9%

41.1%

Fixed assets €502k▼ 18.4%

Current assets €350k▲ 24.8%

Key figures and ratios

2025 value · change against 2024

EBITDA

€39k▼

2024 · €96k

Cash flow

€31k▼

2024 · €88k

Solvency

-16.3%▼

2024 · -8.9%

Current ratio

0.46▲

2024 · 0.45

Quick ratio

0.44▲

2024 · 0.42

Debt / equity

-7.13▲

2024 · -12.21

ROA

-6.9%▼

2024 · -0.2%

Interest coverage

5.02▼

2024 · 11.90

Debt

€991k▲

2024 · €975k

Debt ≤ 1 year

€761k▲

2024 · €628k

Debt > 1 year

€229k▼

2024 · €348k

Income taxes

€165▲

2024 · €160

Staff costs

€557k▲

2024 · €476k

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€895k€852k▼

Fixed assets21/28€615k€502k▼

Tangible fixed assets22/27€615k€501k▼

Plant, machinery and equipment23€615k€501k▼

Financial fixed assets28€595€595=

Current assets29/58€280k€350k▲

Stocks and contracts in progress3€17k€17k▲

Stocks30/36€17k€17k▲

Amounts receivable within one year40/41€83k€111k▲

Trade receivables40€69k€84k▲

Other amounts receivable41€15k€26k▲

Cash at bank and in hand54/58€155k€183k▲

Deferred charges and accrued income490/1€25k€38k▲

Equity and liabilities

Total equity and liabilities10/49€895k€852k▼

Equity10/15€-80k€-139k▼

Contributions10/11€275k€275k=

Profit (loss) carried forward14€-355k€-414k▼

Amounts payable17/49€975k€991k▲

Amounts payable after more than one year17€348k€229k▼

Financial debts170/4€348k€229k▼

Amounts payable within one year42/48€628k€761k▲

Current portion of amounts payable after more than one year42€118k€119k▲

Trade debts44€458k€582k▲

Suppliers440/4€458k€582k▲

Taxes, remuneration and social security45€51k€60k▲

Taxes450/3-€101

Remuneration and social security454/9€51k€60k▲

Other amounts payable47/48€760€494▼

Accrued charges and deferred income492/3-€871

Income statement Code20242025

Remuneration, social security and pensions62€476k€557k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€91k▲

Other operating charges640/8€4k€33k▲

Gross operating margin9900€576k€629k▲

Operating profit (loss)9901€6k€-51k▼

Financial income75/76B€506-

Recurring financial income75€506-

Financial charges65/66B€8k€8k▼

Recurring financial charges65€8k€8k▼

Profit (loss) for the period before taxes9903€-1k€-59k▼

Income taxes67/77€160€165▲

Profit (loss) for the period9904€-2k€-59k▼

Profit (loss) for the period to be appropriated9905€-2k€-59k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-355k€-414k▼

Profit (loss) brought forward from the previous period14P€-353k€-355k▼

Social balance

Average headcount (FTE)908710.710.6▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 4Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 28 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 29 days late

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 31 days late

NBB filing

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, Hasselt · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Koning Albertstraat 643500 Hasselt

Ground area

119 m²

Building footprint

119 m²

Volume, LiDAR

1,255 m³

Parcel 71022H0596/00X003, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

McDonalds Hasselt In-Store

Koning Albertstraat 64, 3500 HasseltLimited-service restaurants

since 20212.316.681.286

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71022H0596/00X003	Flanders	119 m²	1 · 119 m²	12.8 m · 3 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 site

Hasselt2.316.681.286

1 permission

Toelating · Eetgelegenheid · since 08-07-2021

Dual-learning approval

2 live approvals

Medewerker fastfood (vwo)

Goedgekeurd · 2025 to 2030

Medewerker fastfood duaal (so)

Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Thimister-Clermont · Eq €48k

Of 21,908 companies in sector 56112 we hold annual accounts for 9,783. 8,413 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-05-2021

Fiscal year end31-12

Trade name NL McDonalds Hasselt In-Store

Activities, NACEBEL

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.