MAX2SYSTEM
The file of MAX2SYSTEM contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 5.5% (elevated). The 2023 annual accounts show equity of €38k and a net result of €202k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 48% of 4886 sector peers (fiscal year 2023).
| Equity | €38k |
| Net result | €202k |
| Staff (FTE) | 3.8 |
| Better than sector | 48% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.2% | 16.6% | |
| Net result | €202k | €2k | |
| Equity | €38k | €11k | |
| Gross operating margin | €354k | €41k | |
| Staff costs | €145k | €47k |
Show 10 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €210k |
| Net profit | €202k |
| Cash flow | €205k |
| Staff costs | €145k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €267k |
| Equity | €38k |
| Debt | €229k |
| of which ≤ 1y | €229k |
| of which > 1y | - |
| Working capital | €-35k |
| Employees (FTE) | 3.8 |
| 2023 | |
|---|---|
| Current ratio | 0.85 |
| Quick ratio | 0.85 |
| Working capital ratio | -12.9% |
| Solvency | 14.2% |
| Debt / equity | 6.04 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 75.7% |
| ROE | 533.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €267k |
| Fixed assets | 21/28 | €72k |
| Tangible fixed assets | 22/27 | €72k |
| Financial fixed assets | 28 | €185 |
| Current assets | 29/58 | €195k |
| Amounts receivable within one year | 40/41 | €175k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €267k |
| Equity | 10/15 | €38k |
| Contributions / capital | 10/11 | €11k |
| Accumulated profits (losses) | 14 | €27k |
| Amounts payable | 17/49 | €229k |
| Amounts payable within one year | 42/48 | €229k |
| Income statement | ||
| Gross operating margin | 9900 | €354k |
| Operating result | 9901 | €207k |
| Result before taxes | 9903 | €207k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €202k |
| Result to be appropriated | 9905 | €202k |
-
Current03-12-2025 → present
Historic, not recently confirmed (1)
-
Not recently confirmedlast confirmed in an act from 2017
Former directors (5)
-
Former16-05-2025 → 03-12-2025
2 events
- 03-12-2025 Resigned· Director
- 16-05-2025 Appointed· Director
-
Former01-04-2022 → 16-05-2025
4 events
- 16-05-2025 Resigned· Director
- 12-01-2024 Resigned· Manager
- 12-01-2024 Mandate renewed· Director
- 01-04-2022 Appointed· Director
-
Former- → 01-04-2022
-
Former- → 21-04-2017
-
Former- → 31-12-2016
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 ETTERBEEK |
30-09-2024 → present | Belgian State Gazette |
| NACE primary | Cafés en bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 07-01-2016 |
| Status | Active |
| Postal code | 1070 |
| First BS signal | 07-10-2024 |
| Latest BS signal | 18-12-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0429/00E000 | Brussels | 147 m² | 1 · 142 m² | 28.5 m · 8 fl. |
| 21001A0819/00S000 | Brussels | 113 m² | 1 · 75 m² | 15.0 m · 4 fl. |
| 21908E0011/00S016indicative | Brussels | 81 m² | 1 · 74 m² | 14.4 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 30-09-2024 to 29-11-2024.
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
23-03-2026 All shares are now held by a single shareholder
Technical details
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}23-05-2025 Registered office moved within Schaerbeek
- Rue D'Aerschot 2, 1030 Schaerbeek → Rue Allard 1-3-5, 1030 Schaerbeek
Technical details
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}12-01-2024 Articles of association amended
Technical details
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}06-10-2023 Transaction in capital or shares
Technical details
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}31-05-2022 Transaction in capital or shares
Technical details
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}11-04-2022 Transaction in capital or shares
Technical details
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}23-05-2017 Registered office moved from Schaerbeek to Saint-Josse-Ten Noode
- RUE D'AERSCHOT 2, 1030 Schaerbeek → Rue D'aerschot 2, 1210 Saint-Josse-Ten Noode
Technical details
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"region": "Brussels",
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},
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}18-05-2017 1 director appointed, 1 resigning
- EL OUAHIDI KARIM YOUNES, Zaakvoerder
- ARKAYA MUNUR, Zaakvoerder
Technical details
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}01-03-2017 BAROUD KHALIL resigns as manager
- BAROUD KHALIL, Zaakvoerder
Technical details
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}11-01-2016 Incorporation of a new SRL
Technical details
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}| Legal nameFR | MAX2SYSTEM |