MAX MANAGEMENT
ActiveSummary
For MAX MANAGEMENT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €10,778 and a net result of €441. Equity is shrinking by ~39.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 7528 sector peers (fiscal year 2022). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability39▼-55
Solvency42▼-6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five 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 2022Solvency, return and age of the figures
Solvency
16.9%
Return on assets
0.7%
Age of the figures
45 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 06-07-2023, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
25 d early
2021
27 d early
2020
8 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€10,778▲ 4.3%
2021 · €10,337
Total assets
€63,708▲ 42.9%
2021 · €44,577
Net result
€441▼ 95.2%
2021 · €9,115
Working capital
€10,778▲ 4.3%
2021 · €10,337
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€12,267--€25,918-€29,200▼ 12.7%€9,917€775▼ 92.2%
Net result€10,711--€27,503-€30,817below the sector's middle half▼ 12.1%€9,115within the sector's middle half€441within the sector's middle half▼ 95.2%
Equity€63,680-€36,177▼ 43.2%€5,360below the sector's middle half▼ 85.2%€10,337below the sector's middle half▲ 92.9%€10,778below the sector's middle half▲ 4.3%
Total assets€92,503-€56,766▼ 38.6%€39,682below the sector's middle half▼ 30.1%€44,577below the sector's middle half▲ 12.3%€63,708within the sector's middle half▲ 42.9%
Debt€28,823-€20,589▼ 28.6%€34,322▲ 66.7%€34,240▼ 0.2%€52,930▲ 54.6%
Working capital€55,514-€31,177▼ 43.8%€2,860within the sector's middle half▼ 90.8%€10,337within the sector's middle half▲ 261%€10,778within the sector's middle half▲ 4.3%
Solvency68.8%-63.7%▼ 5.1pp13.5%below the sector's middle half▼ 50.2pp23.2%within the sector's middle half▲ 9.7pp16.9%below the sector's middle half▼ 6.3pp
Current ratio2.93-2.51▼ 0.411.08within the sector's middle half▼ 1.431.30within the sector's middle half▲ 0.221.20within the sector's middle half▼ 0.10
Return on assets (ROA)11.6%--48.4%▼ 60.0pp-77.7%below the sector's middle half▼ 29.2pp20.4%within the sector's middle half▲ 98.1pp0.7%within the sector's middle half▼ 19.8pp
Staff (FTE)1-1=1within the sector's middle half=1=0.5▼ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 92% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Equity and liabilities €63,708
Equity
€10,778 ▲ 4.3%
Debt
€52,930 ▲ 54.6%
Debt's share of the balance-sheet total rises from 76.8% to 83.1%. Equity and debt are higher.
Key figures and ratios
Debt to equity
4.91▲
2021 · 3.31
ROE
4.1%▼
2021 · 88.2%
Debt ≤ 1 year
€52,930▲
2021 · €34,240
Staff costs
€3,755▼
2021 · €39,999
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €39,999 | €3,755 | ▼ 90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,165 | €3,166 | €2,500 | €2,500 | - | - |
| Other operating charges640/8 | - | - | - | €402 | €460 | ▲ 14.3% |
| Gross operating margin9900 | €66,594 | €2,135 | €4,445 | €52,818 | €4,990 | ▼ 90.6% |
| Operating profit (loss)9901 | €12,267 | -€25,918 | -€29,200 | €9,917 | €775 | ▼ 92.2% |
| Recurring financial income75 | €51 | €3 | €6 | - | - | - |
| Financial charges65/66B | - | - | - | €803 | €334 | ▼ 58.4% |
| Recurring financial charges65 | €1,292 | €1,266 | €1,096 | €803 | €334 | ▼ 58.4% |
| Profit (loss) for the period before taxes9903 | €11,025 | -€27,181 | -€30,290 | €9,115 | €441 | ▼ 95.2% |
| Income taxes67/77 | €314 | €321 | €527 | - | - | - |
| Profit (loss) for the period9904 | €10,711 | -€27,503 | -€30,817 | €9,115 | €441 | ▼ 95.2% |
| Profit (loss) for the period to be appropriated9905 | €10,711 | -€27,503 | -€30,817 | €9,115 | €441 | ▼ 95.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,503 | €56,766 | €39,682 | €44,577 | €63,708 | ▲ 42.9% |
| Fixed assets21/28 | €8,166 | €5,000 | €2,500 | - | - | - |
| Tangible fixed assets22/27 | €8,166 | €5,000 | €2,500 | €0 | - | - |
| Current assets29/58 | €84,337 | €51,766 | €37,182 | €44,577 | €63,708 | ▲ 42.9% |
| Amounts receivable within one year40/41 | €28,849 | €28,708 | €22,444 | €30,703 | €49,475 | ▲ 61.1% |
| Trade receivables40 | - | - | - | €27,892 | €43,660 | ▲ 56.5% |
| Other amounts receivable41 | - | - | - | €2,811 | €5,815 | ▲ 107% |
| Cash at bank and in hand54/58 | €55,489 | €23,058 | €14,737 | €5,232 | €12,227 | ▲ 134% |
| Deferred charges and accrued income490/1 | - | - | - | €8,642 | €2,006 | ▼ 76.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,503 | €56,766 | €39,682 | €44,577 | €63,708 | ▲ 42.9% |
| Equity10/15 | €63,680 | €36,177 | €5,360 | €10,337 | €10,778 | ▲ 4.3% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €24,811 | €24,811 | €24,811 | €24,811 | €24,811 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €22,951 | €22,951 | = |
| Profit (loss) carried forward14 | €32,668 | €5,166 | -€25,651 | -€20,674 | -€20,233 | ▲ 2.1% |
| Amounts payable17/49 | €28,823 | €20,589 | €34,322 | €34,240 | €52,930 | ▲ 54.6% |
| Amounts payable within one year42/48 | €28,823 | €20,589 | €34,322 | €34,240 | €52,930 | ▲ 54.6% |
| Trade debts44 | €5,795 | €4,254 | €7,183 | €11,721 | €3,069 | ▼ 73.8% |
| Suppliers440/4 | - | - | - | €11,721 | €3,069 | ▼ 73.8% |
| Taxes, remuneration and social security45 | - | - | - | €8,092 | €6,265 | ▼ 22.6% |
| Taxes450/3 | - | - | - | - | €61 | - |
| Remuneration and social security454/9 | - | - | - | €8,092 | €6,204 | ▼ 23.3% |
| Other amounts payable47/48 | - | - | - | €14,428 | €43,596 | ▲ 202% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,711 | -€27,503 | -€30,817 | €9,115 | €441 | ▼ 95.2% |
| + Depreciation and write-downs630 | €3,165 | €3,166 | €2,500 | €2,500 | - | - |
| Operating cash flow (approximation) | €13,877 | -€24,337 | -€28,317 | €11,615 | €441 | ▼ 96.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€32,430 | -€8,321 | -€9,505 | €6,995 | ▲ 174% |
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
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €9,115
Net result €9,115 after 2 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€30,817
Net result drops to -€30,817, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Oostkamp · 1 establishment unit since 2003
Ground area
2.7 ha
Building footprint
3,207 m²
Volume, LiDAR
40,404 m³
Parcel 31022I0695/00C000, Flanders · tallest building 25.7 m, ±5 floors. Linked by address, not a title deed.
73
companies at this address
See who is registered here
1 establishment unit
MAX MANAGEMENT
since 20032.126.678.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022I0695/00C000 | Flanders | 2.7 ha | 1 · 3,207 m² | 25.7 m · 5 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 13,417 companies in sector 73300 we hold annual accounts for 6,906. 3,808 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded30-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479184057
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.