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Max's Construct

Active Private limited companyfounded 1991active for 35 yearsCoin du Mur 30, 5020 NamurKBO/BCE: BE 0443.981.569
Max's Construct
Financial year 2025
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Annual accounts 2025

micro format, filed on 31-07-2026, on the day of the deadline
€38,093
▲ 6.4%
€20,997
▼ 1.3%
€37,528
▲ 7.3%
€31,987
▲ 14.9%
39.3%
▲ 6.5 percentage points
0.94
▲ 0.05

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €220,000. Estimated: probably between €160,000 and €370,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €235,175 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

39.3%

Higher than 42% of 37,271 companies in 2025.

0.94

Higher than 19% of 36,564 companies in 2025.

6.6%

Higher than 49% of 36,799 companies in 2025.

Max's Construct Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 235,175234,456231,682216,666203,636164,11677,89353,11013,40712,1805022,86512,24313,78814,51512,3169,64310,32410,221
21/28 157,330153,937157,199142,019145,350157,46132,68440,1199,600-3281,9272,5423,8135,085---1,300
22/27 157,330153,937157,199142,019145,350157,46132,68440,1199,600-3281,9272,5423,8135,085---1,300
22 130,345131,988130,517131,363138,083135,361-------------
23 4,5795,4536,1993,2292,7353,0033,587522--328747182273365----
24 17,17810,56813,8547,4274,53219,09729,09839,5979,600--1,1802,3603,5404,720---1,300
26 5,2285,9286,628----------------
29/58 77,84580,51874,48374,64758,2856,65545,20812,9913,80712,1801749389,7019,9759,43012,3169,64310,3248,921
3 22,13126,03330,55150,29942,571----1,283--8,170-----1,220
30/36 22,13126,03330,55150,29942,571----1,283--------1,220
37 ------------8,170------
40/41 51,54142,33624,19318,06215,4013,04611,17011,3752,2696,9431747111,1595,0698,00812,1947,41510,2937,218
40 42,86739,88323,8591,28913,3831,76811,17011,3752,2694,748---528---2,7915,935
41 8,6742,45333416,7742,0181,278---2,1941747111,1594,5408,00812,1947,4157,5021,284
54/58 3,80711,91419,5764,1972023,22633,7721,4141,4963,912-2273724,9061,4221222,22731314
490/1 3662361652,0881123832662024243--------169
Balance sheet: equity and liabilities
10/49 235,175234,456231,682216,666203,636164,11677,89353,11013,40712,1805022,86512,24313,78814,51512,3169,64310,32410,221
10/15 92,39876,94262,80858,98130,00012,56723,07711,4138,5987,3161392,24011,85313,65414,13910,2979,6437,9126,504
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 542542542542542542542335335335335335335335335335335335335
130/1 542542542542542542-------------
130 ------542335335335335335335335335335335335335
1311 542542542542542542-------------
14 73,25657,80043,66639,83910,858-6,5753,935-7,522-10,336-11,618-18,796-16,694-7,082-5,281-4,796-8,638-9,292-11,022-12,431
17/49 142,778157,513168,874157,685173,636151,55054,81641,6974,8094,8633636253901343762,019-2,4113,717
17 60,30067,13373,83880,41589,539100,38311,61615,969-----------
170/4 60,30067,13373,83880,41589,539100,38311,61615,969-----------
42/48 82,47890,38095,03677,27084,09751,16743,19925,7284,8094,8633636253901343762,019-2,4113,717
42 6,8336,7046,5779,12410,84410,6434,3524,274----------1,387
43 ----------15-616161349-1,090-
430/8 ----------15-616161349-1,090-
44 11,12819,59119,3383,28512,0741,3051,6507873411,992348625329733151,670-1,2552,330
440/4 11,12819,59119,3383,28512,0741,3051,6507873411,992348625329733151,670-1,2552,330
46 ---5,5005,500--------------
45 6,6691,2006,2521,2002,7004003,6431,6021,462--------66-
450/3 5,1691,2006,2521,2001,2004002,1431,5021,462--------66-
454/9 1,500---1,500-1,500100-----------
47/48 57,84862,88562,86958,16252,97938,81833,55419,0663,0062,872---------
Income statement
70 --------------33,04532,84724,47428,16632,508
9900 38,09335,81021,70144,25430,91511,80724,33713,9333,9337,804-446-7,846-4908675,4701151,5103,1566,021
60/61 --------------27,57632,73222,96525,01026,487
630 16,53213,7079,6209,73410,70617,93811,92810,6302,4003281,5991,5991,2711,2711,271--1,3001,300
640/8 5657731,2203,258503858297112193235----35629265140
66A -58-----------------
9901 20,99721,27310,86131,26219,706-6,98912,1123,1921,3407,241-2,045-9,445-1,761-4043,842861,4841,8054,682
75/76B 96109335620810959-154-2-0-777549--
75 96109335620810959-154-2-0-777549--
65/66B 1,6691,8642,4112,9013,0833,6164573777369561674082-209302397450
65 1,6691,8642,4112,9013,0833,6164573777369561674082-209302397450
9903 19,42419,5188,78528,98117,433-10,51011,6642,8151,2827,177-2,101-9,610-1,801-4853,8426541,7301,4084,231
67/77 3,9695,3844,957--------2-------
9904 15,45514,1343,82728,98117,433-10,51011,6642,8151,2827,177-2,101-9,613-1,801-4853,8426541,7301,4084,231
9905 15,45514,1343,82728,98117,433-10,51011,6642,8151,2827,177-2,101-9,613-1,801-4853,8426541,7301,4084,231
Appropriation of the result
9906 73,25657,80043,66639,83910,858-6,5754,142-7,522-10,336-11,618-18,796-16,694-7,082-5,281-4,796-8,638-9,292-11,022-12,431
14P 57,80043,66639,83910,858-6,575--------------
691/2 ------207------------
6920 ------207------------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years, from 1991 to 2005, were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 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 31-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 31-07-2026 2026-00366248 PDF
31-12-2024 micro format 03-10-2025 2025-00529887 PDF
31-12-2023 micro format 29-12-2024 2024-00626521 PDF
31-12-2022 micro format 06-11-2023 2023-00506006 PDF
31-12-2021 micro format 25-04-2022 2022-20007458 PDF
31-12-2020 micro format 30-08-2021 2021-58400029 PDF
31-12-2019 micro format 28-09-2020 2020-55800306 PDF
31-12-2018 micro format 22-08-2019 2019-49000353 PDF
31-12-2017 micro format 28-08-2018 2018-51600010 PDF
31-12-2016 micro format 26-08-2017 2017-48900357 PDF
31-12-2015 full format 31-08-2016 2016-51500525 PDF
31-12-2014 full format 27-08-2015 2015-51200512 PDF
31-12-2013 full format 21-05-2014 2014-13600149 PDF
31-12-2012 full format 12-08-2013 2013-42000195 PDF
31-12-2011 full format 25-07-2012 2012-33400231 PDF
31-12-2010 full format 25-07-2011 2011-35500224 PDF
31-12-2009 full format 26-07-2010 2010-36800430 PDF
31-12-2008 full format 28-08-2009 2009-70000058 PDF
31-12-2007 full format 29-08-2008 2008-65000019 PDF
31-12-2005 full format 30-08-2006 2006-74104834 PDF
31-12-2004 full format 19-07-2005 2005-52201587 PDF
31-12-2003 full format 06-10-2004 2004-71500574 PDF
31-12-2002 full format 26-02-2004 2004-05601622 PDF
31-12-2001 full format 09-01-2003 2003-00704391 PDF
31-12-2000 full format 10-01-2002 2002-01200532 PDF
31-12-1999 full format 12-02-2001 2001-04003321 PDF
31-12-1998 full format 05-11-1999 1999-57503067 PDF
31-12-1997 full format 15-03-1999 1999-04801627 PDF
31-12-1996 full format 15-03-1999 1999-04801589 PDF
31-12-1995 full format 09-10-1996 1996-47402300 PDF
31-12-1994 full format 22-12-1995 1995-61001594 PDF
31-12-1993 full format 17-06-1994 1994-16603101 PDF
31-12-1992 full format 25-08-1993 1993-33201620 PDF
31-12-1991 full format 12-05-1992 1992-05603375 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
37,52834,98020,48140,99630,41210,94924,04013,8223,7407,569-446-7,846-4908675,113--3,1055,982
31,98727,84113,44738,71528,1397,42823,59213,4443,6827,505-502-8,014-5307865,113--2,7085,531
19,92410,44529,0679,68114,794142,7154,49441,14812,00000983006,356--0-
-8,108-7,66115,3793,995-3,024-30,54632,359-82-2,416---145-4,5343,4841,300-2,1062,197-283-
-4,632-9,862-20,553-2,624-25,812-44,5112,009-12,737-1,0027,316-1893139,3109,8409,05410,297-7,9125,204
--------------11.6%0.3%6.1%6.4%14.4%
39.3%32.8%27.1%27.2%14.7%7.7%29.6%21.5%64.1%60.1%--96.8%99.0%97.4%83.6%100.0%76.6%63.6%
0.940.890.780.970.690.131.050.500.792.50--24.8574.2125.106.10-4.282.40
0.680.600.460.320.190.131.050.500.792.24--3.9274.2125.106.10-4.282.07
1.552.052.692.675.7912.062.383.650.560.66--0.030.010.030.20-0.300.57
16.7%18.4%6.1%49.1%58.1%-83.6%50.5%24.7%14.9%98.1%---15.2%-3.6%27.2%6.4%17.9%17.8%65.1%
6.6%6.0%1.7%13.4%8.6%-6.4%15.0%5.3%9.6%58.9%---14.7%-3.5%26.5%5.3%17.9%13.6%41.4%
22.4918.768.4914.139.86--------------
--------------88 days135 days111 days36 days67 days
--------------4 days19 days-18 days32 days

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€19,924€10,445€29,067€9,681€14,794
€16,532€13,707€9,620€9,734€10,706

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

Insights on Max's Construct

The operating result for 2025 is 1% lower than in 2024.

Debt's share of the balance-sheet total falls from 67.2% to 60.7%. Equity is higher and debt is lower.

Next steps

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