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MAX LOGISTIC

Active Private limited companyfounded 2001active for 25 yearsChaussée de Liège 208, 4480 EngisKBO/BCE: BE 0475.631.877
MAX LOGISTIC
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 26-08-2026, 26 days late
€140,913
▼ 62.7%
€6,017
▼ 95.6%
€140
▼ 99.9%
€249,673
▼ 6.8%
72.1%
▼ 2.4 percentage points
4.54
▼ 1.50

The turnover shown is an estimate from the gross margin.

Turnover ≈ €430,000. Estimated: probably between €360,000 and €470,000.

Balance sheet

balance sheet total €481,827 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

72.1%

Higher than 87% of 4,838 companies in 2025.

4.54

Higher than 91% of 4,737 companies in 2025.

0.0%

Higher than 33% of 4,761 companies in 2025.

MAX LOGISTIC Middle half of the sector 80% of the sector Abbreviated accounts in food and beverage service (NACE 56)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: bottom quarter

Staff

€45,178

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 7 people joined and 7 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 481,827466,120317,233301,855253,726215,360197,763187,149186,763192,380151,208132,283136,89886,93092,971102,22789,408151,914133,176
20 ------------------94
21/28 161,641145,19135,62354,35284,09794,35565,13681,93693,318118,947114,87873,17391,69337,87048,90971,53449,03068,06484,990
21 -------------6201,2391,8592,4793,0983,718
22/27 161,239145,19135,62354,35284,09794,35565,13681,93693,318118,947114,87872,70991,22936,63746,52167,52644,40263,81780,529
22 -----------451,0086,66513,50322,42031,34940,52251,172
23 13,5733,60313,89616,02427,06439,04050,18761,65170,94086,94483,47467,37077,2054,881762606702,5504,996
24 7,0747,2151,1063,3707,7389,20414,94913,0457,89810,2832,4445,2942,2193,4985521,66012,38320,74524,361
25 42,0986,28420,62134,95849,295--------------
26 98,494128,089-----------------
28 402----------4644646131,1492,1492,1491,149649
29/58 320,186320,929281,610247,503169,629121,005132,627105,21393,44573,43336,33059,11045,20549,06044,06230,69340,37883,85048,186
29 -----2,9507,15016,000-----------
291 -----2,9507,15016,000-----------
3 1,9354,0248,2895,6485,8756,1368,2207,8749,85510,87311,25516,65311,32810,58712,82513,91014,72515,5003,287
30/36 1,9354,0248,2895,6485,8756,1368,2207,8749,85510,87311,25516,65311,32810,58712,82513,91014,72515,5003,287
40/41 32,25048,70530,72335,92127,08622,10632,50730,96138,65918,5444,0124,562914962,224-7,25910,0963,920
40 31,44540,54523,68034,22521,15315,08230,40828,76335,83918,4061,6654,214914-2,224-7,05010,0853,890
41 8058,1607,0431,6965,9337,0242,0992,1982,8201382,347348-96--2091030
50/53 3803804644633,2303,2303,2293,229-----------
54/58 278,429267,551242,134205,471133,43886,58381,52147,00744,64743,59020,09035,77730,96036,89028,99914,68513,44652,72237,526
490/1 7,192269-----1422844269732,1182,0031,487142,0984,9485,5323,453
Balance sheet: equity and liabilities
10/49 481,827466,120317,233301,855253,726215,360197,763187,149186,763192,380151,208132,283136,89886,93092,971102,22789,408151,914133,176
10/15 347,371347,231246,937219,535164,733155,996146,464100,48171,82736,52110,404-4,852-10,1807,5306,9669,8749,67416,92927,423
10/11 8,0608,0608,0606,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 143,836143,69643,40217,86017,86017,86017,86021,34227,57312,30515,7871,8601,8601,8601,86025,18425,18425,18425,184
130/1 ---1,8601,8601,860-------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860-------------
132 78,47999,30616,00016,00016,00016,00016,00019,48225,71310,44513,927--------
133 65,35744,39027,402------------23,32423,32423,32423,324
14 195,475195,475195,475195,475140,673131,936122,40472,93938,05418,016-11,583-12,912-18,240-530-1,094-21,510-21,710-14,455-3,961
16 20,82727,769-----1,1592,31910,3784,637--------
168 20,82727,769-----1,1592,31910,3784,637--------
17/49 113,62991,12070,29682,32088,99359,36451,29985,509112,617145,481136,167137,135147,07879,40086,00592,35379,734134,985105,753
17 38,57233,0203,3808,93923,70126,362-9,05831,51454,30274,50050,51760,59611,39818,85526,5962,61623,35622,556
170/4 38,57233,0203,3808,93923,70126,362-9,05831,51454,30274,50050,51760,59611,39818,85525,9425634,42422,556
178/9 ---------------6542,05318,933-
42/48 70,51353,16666,91673,38165,29233,00251,29976,45181,10391,17960,63086,13886,21067,71567,14863,71572,768106,12976,530
42 17,43813,6196,55015,75415,41812,38310,04923,44722,85621,19021,39615,52722,0868,4488,0798,2924,85219,94818,170
44 26,79719,85528,29723,73027,8631,58122,03716,92027,51033,20517,50232,00530,79123,64310,8446,92227,87634,55813,170
440/4 26,79719,85528,29723,73027,8631,58122,03716,92027,51033,20517,50232,00530,79123,64310,8446,92227,87634,55813,170
45 26,27819,69232,06933,89715,0119,03819,21336,08430,73736,78420,52737,95433,06033,25441,67448,14440,04051,62445,190
450/3 18,6346,04611,16615,369-3352,43014,88011,57320,8546,54511,36111,48315,66723,01017,22220,37525,88324,922
454/9 7,64413,64620,90318,52815,0118,70316,78321,20419,16415,93013,98226,59321,57717,58718,66430,92219,66525,74020,268
47/48 ----7,00010,000----1,2056522732,3706,551357---
492/3 4,5444,934--------1,03748027228722,0424,3505,5006,667
Income statement
76A ---16,00029,00026,00016,00016,000--8621,52964165559820,173472--
9900 140,913378,075277,340284,049147,146151,512218,799198,594175,837169,438185,186184,286120,026120,999158,739161,997168,759191,352178,624
62 85,839201,658209,107170,402100,84795,918129,010123,82298,83883,563132,148138,79696,70091,46590,514149,848148,348161,832138,816
630 45,91536,51423,22330,87928,83029,77526,96025,27228,77228,58724,08127,45131,02921,08922,12823,75621,84926,66428,116
635/8 ---------6,9006,900---------
640/8 3,1422,8571,6272,2984391,8942,0753,0834,4524,5665,0648,2226,5681,93811,5174,3755,5546,2504,932
66A ----------414--536-----
9901 6,017137,04643,38380,47017,03023,92560,75446,41750,67545,82223,8939,817-14,2716,50734,580-15,982-6,992-3,3946,759
75/76B 14117713543571810134321527392451176835
75 14117713543571810134321527392451176835
65/66B 3,5353,7972,1925,4971,9532,2312,5883,3343,8964,1303,9574,4113,7792,0145,8614,0194,6727,1675,140
65 3,5353,7972,1925,4971,9532,2312,5883,3343,8964,1303,9574,4113,7792,0145,8614,0194,6727,1675,140
9903 2,483133,29041,20874,98015,07821,69758,17143,12646,83641,71020,4857,278-17,1944,88529,409217-11,075-10,4941,654
780 6,9426,942-----------------
680 -34,711-----------------
67/77 9,2855,22713,80620,1786,3412,16513,34714,67512,68916,7525911,9505164,3214,01717-3,820--
9904 140100,29427,40254,8028,73719,53245,98329,61035,30626,11715,2565,328-17,71056425,392200-7,255-10,4941,654
789 20,82720,827----3,4823,4813,4823,4823,482--------
689 -104,133------18,750-17,409--------
9905 20,96716,98827,40254,8028,73719,53249,46533,09120,03829,5991,3295,328-17,71056425,392200-7,255-10,4941,654
Appropriation of the result
9906 216,442212,463222,877195,475140,673141,936122,40472,93938,05418,016-11,583-12,912-18,240-5303,882-21,510-21,710-14,455-3,961
14P 195,475195,475195,475140,673131,936--------------
791/2 --1,860-----------23,324----
691/2 20,96716,98829,262----------------
691 --1,860----------------
6921 20,96716,98827,402----------------
694/7 -----10,000--------28,300----
694 -----10,000--------28,300----
Social balance sheet
9087 1.95.36.25.95.96.15.24.63.73.64.35.33.93.13.244.56.36.2
Hours worked1013 3,0557,4387,7247,2654,6354,2446,3275,7414,1663,9975,7636,9014,3614,5194,5247,1657,42210,10911,190
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00481993.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 26-08-2026 2026-00481993 PDF
31-12-2024 full format 31-08-2025 2025-00478010 PDF
31-12-2023 full format 31-08-2024 2024-00448185 PDF
31-12-2022 full format 28-08-2023 2023-00417978 PDF
31-12-2021 full format 28-08-2022 2022-20340907 PDF
31-12-2020 full format 31-08-2021 2021-65800577 PDF
31-12-2019 full format 27-08-2020 2020-48300499 PDF
31-12-2018 full format 28-08-2019 2019-54200013 PDF
31-12-2017 full format 22-08-2018 2018-48600091 PDF
31-12-2016 full format 21-08-2017 2017-48100268 PDF
31-12-2015 full format 31-08-2016 2016-55000376 PDF
31-12-2014 full format 19-08-2015 2015-44400400 PDF
31-12-2013 full format 29-08-2014 2014-54300179 PDF
31-12-2012 full format 30-08-2013 2013-53800135 PDF
31-12-2011 full format 31-08-2012 2012-53300462 PDF
31-12-2010 full format 26-08-2011 2011-45400246 PDF
31-12-2009 full format 15-11-2010 2010-60600181 PDF
31-12-2008 full format 29-10-2009 2009-84100369 PDF
31-12-2007 full format 13-08-2008 2008-57900159 PDF
31-12-2006 full format 30-08-2007 2007-64600091 PDF
31-12-2005 full format 31-08-2006 2006-77203831 PDF
31-12-2004 full format 08-11-2005 2005-85700808 PDF
31-12-2003 full format 10-12-2004 2004-84703739 PDF
31-12-2002 full format 20-02-2004 2004-05104584 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
51,932173,56066,606111,34945,86053,70087,71471,68979,44774,40947,97437,26816,75827,59656,7087,77414,85723,27034,876
46,055136,80850,62585,68137,56749,30772,94354,88264,07854,70439,33732,77913,31921,65347,52023,95614,59416,17029,771
62,926157,2384,4941,13418,57258,99410,16013,8903,14332,65672,98211,04885,00110,58650353,9832,81510,59813,454
10,87825,41736,66372,03346,8555,06234,5142,3601,05723,500-15,6874,817-5,9307,89114,3141,239-39,27615,196-
249,673267,763214,694174,122104,33788,00381,32828,76212,342-17,746-24,300-27,028-41,005-18,655-23,086-33,022-32,390-22,279-28,344
72.1%74.5%77.8%72.7%64.9%72.4%74.1%53.7%38.5%19.0%6.9%-3.7%-7.4%8.7%7.5%9.7%10.8%11.1%20.6%
4.546.044.213.372.603.672.591.381.150.810.600.690.520.720.660.480.550.790.63
4.515.964.083.302.513.482.431.271.030.690.410.490.390.570.470.260.350.640.59
0.330.260.280.370.540.380.350.851.573.9813.09--10.5412.359.358.247.973.86
0.0%28.9%11.1%25.0%5.3%12.5%31.4%29.5%49.2%71.5%146.6%--7.5%364.5%2.0%-75.0%-62.0%6.0%
0.0%21.5%8.6%18.2%3.4%9.1%23.3%15.8%18.9%13.6%10.1%4.0%-12.9%0.6%27.3%0.2%-8.1%-6.9%1.2%
14.6945.7130.3920.2623.48--------------

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date3412911
full-time1-222
part-time241079
in full-time equivalents1.71.56.35.36.1
1.95.36.25.95.9
On a permanent contract339910
Joined79913
Left717633

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€62,524€157,238€4,494€1,134€18,572
Financial fixed assets€402----
€45,915€36,514€23,223€30,879€28,830

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MAX LOGISTIC

The operating result for 2025 is 96% lower than in 2024 and the lowest since 2013.

Debt's share of the balance-sheet total rises from 19.5% to 23.6%. Debt is higher.

Large changes and their cause
  • 2025 Net result -100% on 2024. The accounts now follow the abbreviated format, last year the full format.

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