Financials
- Financial year
- 2025
- Total assets
- €217,118
- Profit
- €48,613
- Solvency
- 70.6%
Total assets▼ 23.1%
Net result
20202025
MAX REAL ESTATE
ActiveSummary
MAX REAL ESTATE has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153,354 and a net result of €48,613. Equity is growing by about 50% per year across the filed financial years. Its solvency ranks better than 80% of 17,057 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Development of residential building projects
NACE 68121
2 sites
Size
≈ €160,000turnover 2025, estimated
- Equity
- €153,354
- Profit
- €48,613
Turnover estimated from the gross margin
Structure
- Largest shareholder
- Alnibo Groep · 50%
2025 accounts 44 days early2 deeds in the Belgian Official Gazette
Why 87raises riskLiquidity: current ratio 3.39, cash €2,800, halvedFounded in 2019lowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 17-06-2026)Show the evidence
Checked score
Score 2025
87
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency
96+34
equity 70.6% of total assets
Liquidity
40-8
short-term debt 29.4% · cash 1.3%
Profitability
93+93
return on assets 22.4%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.6%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.3%▼ -0.3 percentage points vs 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.39, compared with 1.58 in 2024, above the usual 1.5; short-term debt: 29.4% and cash: 1.3% of total assets), and 29.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 78% on solvency, 32% on liquidity, 88% on profitability and 85% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
44 days early
2024
35 days early
2023
42 days early
2022
35 days early
2021
45 days early
2020
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €48,613
- Liquidity more than doubledcurrent ratio 3.39
Key points
By topic
Board & ownership
- Largest shareholder
- Alnibo Groep · 50%
Timeline
- Events
- 13
- Since
- 2021
- Next accounts
- by 31-07-2027
- 31-12-2025Equity above €150,000
- 26-06-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 10-01-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about MAX REAL ESTATE
- What is the company number of MAX REAL ESTATE?
- 0717.942.530. In Belgium the VAT number is the company number with BE in front: BE 0717.942.530.
- Where is MAX REAL ESTATE based?
- The registered office is at Alfons Servaislei 92, 2900 Schoten.Company details
- What does MAX REAL ESTATE do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of MAX REAL ESTATE?
- Private limited company (BV).
- When was MAX REAL ESTATE founded?
- On 10-01-2019.
- Is MAX REAL ESTATE still active?
- Yes, MAX REAL ESTATE is an active enterprise in the KBO register.
- What is the turnover of MAX REAL ESTATE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is MAX REAL ESTATE profitable?
- In financial year 2025, MAX REAL ESTATE made a profit of €48,613.
- Where can I find the annual accounts of MAX REAL ESTATE?
- MAX REAL ESTATE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAX REAL ESTATE due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to MAX REAL ESTATE
Shareholders
- Alnibo Groep50%
- GEO-PROJECTS50%
- GEO-PROJECTS50%
- Smart Invest50%
Comparable companies
- FORESCO REAL ESTATE DEVELOPMENTBrasschaat
- GZKMechelen
- REAL-XSint-Niklaas
- RECRixensart
- GROENPLEIN CONSTRUCTHasselt
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