MAX PROMOTION
ActiveThe annual accounts of MAX PROMOTION for fiscal year 2025 show a net loss of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €149k and a net result of €-315k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 13936 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-24
Solvency28▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03 against 0.95 in 2024; short-term debt: 60.3% and cash: 0.2% of total assets), and 96.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
3.5%
Return on assets
-7.3%
Age of the figures
18 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
23 d early
2023
5 d early
2022
5 d early
2021
11 d early
2020
176 d early
2019
157 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€149k▼ 67.9%
2024 · €464k
2019: €7k
2020: €-22k
2021: €-126k
2022: €-208k
2023: €413k
2024: €464k
2019 → 2025
Total assets
€4.30M▲ 0.2%
2024 · €4.29M
2019: €30k
2021: €1.70M
2022: €2.05M
2023: €4.81M
2024: €4.29M
2019 → 2025
Net result
€-315k
2024 · €45k
2019: €-7k
2020: €-29k
2021: €-104k
2022: €-83k
2023: €621k
2024: €45k
2019 → 2025
Working capital
€78k
2024 · €-137k
2019: €-21k
2021: €-205k
2022: €-225k
2023: €-95k
2024: €-137k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-126k-€-208k▼ 65.7%€413k€464k▲ 12.4%€149k▼ 67.9%
Operating result€-103k-€-81k▲ 21.3%€844k€198k▼ 76.6%€-134k
Net result€-104k-€-83k▲ 20.4%€621k€45k▼ 92.7%€-315k
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 2025: a loss of €134k after €198k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.30M
Fixed assets
€1.63M▼ 6.1%
Current assets
€2.67M▲ 4.4%
Equity and liabilities €4.30M
Equity
€149k▼ 67.9%
Debt
€4.15M▲ 8.4%
The debt ratio rises from 89.2% to 96.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-22k▼
2024 · €265k
Cash flow
€-203k▼
2024 · €113k
Solvency
3.5%▼
2024 · 10.8%
Current ratio
1.03▲
2024 · 0.95
Quick ratio
0.97▲
2024 · 0.76
Debt / equity
27.82▲
2024 · 8.24
ROE
-211.2%▼
2024 · 9.7%
ROA
-7.3%▼
2024 · 1.1%
Interest coverage
-0.18▼
2024 · 1.67
Debt
€4.15M▲
2024 · €3.83M
Debt ≤ 1 year
€2.59M▼
2024 · €2.69M
Debt > 1 year
€1.47M▲
2024 · €1.05M
Income taxes
€54k▲
2024 · €-6k
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€4.29M€4.30M▲
Fixed assets21/28€1.74M€1.63M▼
Tangible fixed assets22/27€1.73M€1.62M▼
Land and buildings22€1.63M€1.56M▼
Plant, machinery and equipment23€34k€20k▼
Furniture and vehicles24€62k€43k▼
Financial fixed assets28€4k€4k=
Current assets29/58€2.56M€2.67M▲
Stocks and contracts in progress3€507k€152k▼
Stocks30/36€507k€152k▼
Amounts receivable within one year40/41€1.99M€2.51M▲
Trade receivables40€174k€31k▼
Other amounts receivable41€1.81M€2.48M▲
Cash at bank and in hand54/58€65k€8k▼
Equity and liabilities
Total equity and liabilities10/49€4.29M€4.30M▲
Equity10/15€464k€149k▼
Contributions10/11€19k€19k=
Reserves13€60€60=
Distributable reserves133€60€60=
Profit (loss) carried forward14€446k€131k▼
Amounts payable17/49€3.83M€4.15M▲
Amounts payable after more than one year17€1.05M€1.47M▲
Financial debts170/4€1.04M€1.46M▲
Other amounts payable178/9€11k€11k=
Amounts payable within one year42/48€2.69M€2.59M▼
Current portion of amounts payable after more than one year42€172k€174k▲
Trade debts44€20k€7k▼
Suppliers440/4€20k€7k▼
Taxes, remuneration and social security45€88k€14k▼
Taxes450/3€88k€14k▼
Other amounts payable47/48€2.41M€2.40M▼
Accrued charges and deferred income492/3€87k€89k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€68k€112k▲
Other operating charges640/8€13k€10k▼
Gross operating margin9900€279k€-13k▼
Operating profit (loss)9901€198k€-134k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€159k€127k▼
Recurring financial charges65€159k€127k▼
Profit (loss) for the period before taxes9903€39k€-261k▼
Income taxes67/77€-6k€54k▲
Profit (loss) for the period9904€45k€-315k▼
Profit (loss) for the period to be appropriated9905€45k€-315k▼
Appropriation of the result
Profit (loss) to be appropriated9906€446k€131k▼
Profit (loss) brought forward from the previous period14P€400k€446k▲
The notes to these accounts (7 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-315k ▼798%
Net result drops to €-315k, the lowest in the series.
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €621k
Net result €621k after 4 loss-making years.
31-03
Financial
Equity above €200kEq €413k
Equity rises from €-208k to €413k.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Wavre · 1 establishment unit since 2014
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.
Rue de l'Eglise 521301 WavreGround area
881 m²
Building footprint
172 m²
Volume, LiDAR
1,539 m³
2 parcels, Brussels, Wallonia · tallest building 14.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Tulpeboomstraat 40, 1190 Vorst
since 20142.235.587.110
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006D0068/00X000 | Wallonia | 732 m² | 1 · 83 m² | 7.3 m · 2 fl. |
| 21007A0069/00H058 | Brussels | 149 m² | 1 · 89 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,809 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2014
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.