MAX83
ActiveSummary
MAX83 has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.91M and a net result of €623k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+9
Solvency96▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity short (current ratio 0.89 against 0.53 in 2024; short-term debt: 9.8% and cash: 0.3% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.8%
Return on assets
4.4%
Age of the figures
12 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 30-09-2025 was due by 30-04-2026 and was filed on 30-01-2026, 90 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
90 d early
2024
22 d early
2023
on the day
2022
80 d early
2021
37 d early
2020
9 d early
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€623k▲ 472%
2024 · €109k
2018: €43klowest in 8 years
2019: €48k▲ +9.8% vs 2018
2020: €54k▲ +12.0% vs 2019
2021: €49k▼ -8.9% vs 2020
2022: €102k▲ +108% vs 2021
2023: €451k▲ +344% vs 2022
2024: €109k▼ -75.9% vs 2023
2025: €623k▲ +472% vs 2024highest in 8 years
2018 → 2025
Working capital
€-157k▲ 78.4%
2024 · €-727k
2018: €-57k
2019: €-82k▼ -43.2% vs 2018
2020: €-94k▼ -15.0% vs 2019
2021: €-113k▼ -19.2% vs 2020
2022: €81k▲ +172% vs 2021highest in 8 years
2023: €-762k▼ -1043% vs 2022lowest in 8 years
2024: €-727k▲ +4.6% vs 2023
2025: €-157k▲ +78.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€195k-€256k▲ 31.7%€9.18M▲ 3,484%€9.29M▲ 1.2%€9.91M▲ 6.7%
2021: €195klowest in 5 years
2022: €256k▲ +31.7% vs 2021
2023: €9.18M▲ +3484% vs 2022
2024: €9.29M▲ +1.2% vs 2023
2025: €9.91M▲ +6.7% vs 2024highest in 5 years
Operating result€285k-€315k▲ 10.6%€360k▲ 14.4%€373k▲ 3.4%€395k▲ 5.9%
2021: €285klowest in 5 years
2022: €315k▲ +10.6% vs 2021
2023: €360k▲ +14.4% vs 2022
2024: €373k▲ +3.4% vs 2023
2025: €395k▲ +5.9% vs 2024highest in 5 years
Net result€49k-€102k▲ 108%€451k▲ 344%€109k▼ 75.9%€623k▲ 472%
2021: €49klowest in 5 years
2022: €102k▲ +108% vs 2021
2023: €451k▲ +344% vs 2022
2024: €109k▼ -75.9% vs 2023
2025: €623k▲ +472% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.00M
Fixed assets
€12.78M =
Current assets
€1.22M ▲ 47.9%
Equity and liabilities €14.00M
Equity
€9.91M ▲ 6.7%
Provisions
€2.52M ▼ 1.5%
Debt
€1.57M ▼ 10.8%
Debt's share of the balance-sheet total falls from 12.9% to 11.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.89▲
2024 · 0.53
Debt to equity
0.16▼
2024 · 0.19
ROE
6.3%▲
2024 · 1.2%
ROA
4.4%▲
2024 · 0.8%
Debt ≤ 1 year
€1.38M▼
2024 · €1.55M
Debt > 1 year
€25k▼
2024 · €41k
Income taxes
€43k▲
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13.61M€14.00M▲
Fixed assets21/28€12.78M€12.78M=
Financial fixed assets28€12.78M€12.78M=
Current assets29/58€824k€1.22M▲
Amounts receivable within one year40/41€167k€448k▲
Trade receivables40€42k€44k▲
Other amounts receivable41€126k€404k▲
Current investments50/53€643k€735k▲
Cash at bank and in hand54/58€14k€36k▲
Equity and liabilities
Total equity and liabilities10/49€13.61M€14.00M▲
Equity10/15€9.29M€9.91M▲
Contributions10/11€14k€14k=
Revaluation surpluses12€8.47M€8.47M=
Reserves13€643k€735k▲
Non-distributable reserves130/1€643k€735k▲
Reserves not available under the articles1311-€735k
Own shares acquired1312€643k-
Profit (loss) carried forward14€159k€689k▲
Provisions and deferred taxes16€2.56M€2.52M▼
Provisions for liabilities and charges160/5€2.56M€2.52M▼
Other liabilities and charges164/5€2.56M€2.52M▼
Amounts payable17/49€1.76M€1.57M▼
Amounts payable after more than one year17€41k€25k▼
Financial debts170/4€41k€25k▼
Amounts payable within one year42/48€1.55M€1.38M▼
Current portion of amounts payable after more than one year42€37k€15k▼
Financial debts43€12k€24k▲
Credit institutions430/8€12k€24k▲
Trade debts44€29€474▲
Suppliers440/4€29€474▲
Taxes, remuneration and social security45€27k€10k▼
Taxes450/3€27k€10k▼
Other amounts payable47/48€1.48M€1.33M▼
Accrued charges and deferred income492/3€168k€168k=
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8€-38k€-38k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€336k€359k▲
Operating profit (loss)9901€373k€395k▲
Financial income75/76B€1€496k▲
Recurring financial income75€1€496k▲
Financial charges65/66B€226k€225k▼
Recurring financial charges65€226k€225k▼
Profit (loss) for the period before taxes9903€147k€666k▲
Income taxes67/77€38k€43k▲
Profit (loss) for the period9904€109k€623k▲
Profit (loss) for the period to be appropriated9905€109k€623k▲
Appropriation of the result
Profit (loss) to be appropriated9906€802k€782k▼
Profit (loss) brought forward from the previous period14P€693k€159k▼
Transfer to equity691/2€643k€93k▼
To other reserves6921€643k€93k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-33k | €-35k | €-38k | €-38k | = |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▲ 14.6% |
| Gross operating margin9900 | €255k | €283k | €327k | €336k | €359k | ▲ 6.6% |
| Operating profit (loss)9901 | €285k | €315k | €360k | €373k | €395k | ▲ 5.9% |
| Financial income75/76B | - | €36k | €352k | €1 | €496k | ▲ 70,853,331% |
| Recurring financial income75 | €6k | €36k | €352k | €1 | €496k | ▲ 70,853,331% |
| Financial charges65/66B | - | €225k | €226k | €226k | €225k | ▼ 0.5% |
| Recurring financial charges65 | €225k | €225k | €226k | €226k | €225k | ▼ 0.5% |
| Profit (loss) for the period before taxes9903 | €65k | €126k | €487k | €147k | €666k | ▲ 354% |
| Income taxes67/77 | €16k | €24k | €36k | €38k | €43k | ▲ 14.5% |
| Profit (loss) for the period9904 | €49k | €102k | €451k | €109k | €623k | ▲ 472% |
| Profit (loss) for the period to be appropriated9905 | €49k | €102k | €451k | €109k | €623k | ▲ 472% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.49M | €3.48M | €13.26M | €13.61M | €14.00M | ▲ 2.9% |
| Fixed assets21/28 | €3.23M | €3.23M | €12.78M | €12.78M | €12.78M | = |
| Financial fixed assets28 | €3.23M | €3.23M | €12.78M | €12.78M | €12.78M | = |
| Current assets29/58 | €260k | €246k | €477k | €824k | €1.22M | ▲ 47.9% |
| Amounts receivable within one year40/41 | €258k | €246k | €461k | €167k | €448k | ▲ 167% |
| Trade receivables40 | - | €17k | €173k | €42k | €44k | ▲ 5.9% |
| Other amounts receivable41 | - | €229k | €287k | €126k | €404k | ▲ 221% |
| Current investments50/53 | - | - | - | €643k | €735k | ▲ 14.5% |
| Cash at bank and in hand54/58 | €1k | €25 | €17k | €14k | €36k | ▲ 152% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.49M | €3.48M | €13.26M | €13.61M | €14.00M | ▲ 2.9% |
| Equity10/15 | €195k | €256k | €9.18M | €9.29M | €9.91M | ▲ 6.7% |
| Contributions10/11 | - | €13k | €13k | €14k | €14k | = |
| Revaluation surpluses12 | - | - | €8.47M | €8.47M | €8.47M | = |
| Reserves13 | €2k | €2k | €2k | €643k | €735k | ▲ 14.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €643k | €735k | ▲ 14.5% |
| Reserves not available under the articles1311 | - | €2k | €2k | - | €735k | - |
| Own shares acquired1312 | - | - | - | €643k | - | - |
| Profit (loss) carried forward14 | €180k | €242k | €693k | €159k | €689k | ▲ 333% |
| Provisions and deferred taxes16 | €2.67M | €2.63M | €2.60M | €2.56M | €2.52M | ▼ 1.5% |
| Provisions for liabilities and charges160/5 | - | €2.63M | €2.60M | €2.56M | €2.52M | ▼ 1.5% |
| Other liabilities and charges164/5 | - | €2.63M | €2.60M | €2.56M | €2.52M | ▼ 1.5% |
| Amounts payable17/49 | €635k | €592k | €1.48M | €1.76M | €1.57M | ▼ 10.8% |
| Amounts payable after more than one year17 | €95k | €259k | €77k | €41k | €25k | ▼ 37.5% |
| Financial debts170/4 | - | €59k | €77k | €41k | €25k | ▼ 37.5% |
| Other amounts payable178/9 | - | €200k | - | - | - | - |
| Amounts payable within one year42/48 | €372k | €166k | €1.24M | €1.55M | €1.38M | ▼ 11.3% |
| Current portion of amounts payable after more than one year42 | - | €36k | €51k | €37k | €15k | ▼ 58.3% |
| Financial debts43 | - | €9k | €12k | €12k | €24k | ▲ 107% |
| Credit institutions430/8 | - | €9k | €12k | €12k | €24k | ▲ 107% |
| Trade debts44 | €1k | €400 | €173 | €29 | €474 | ▲ 1,520% |
| Suppliers440/4 | - | €400 | €173 | €29 | €474 | ▲ 1,520% |
| Taxes, remuneration and social security45 | - | €14k | €25k | €27k | €10k | ▼ 64.5% |
| Taxes450/3 | - | €14k | €25k | €27k | €10k | ▼ 64.5% |
| Other amounts payable47/48 | - | €106k | €1.15M | €1.48M | €1.33M | ▼ 10.1% |
| Accrued charges and deferred income492/3 | - | €168k | €168k | €168k | €168k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €102k | €451k | €109k | €623k | ▲ 472% |
| Operating cash flow (approximation) | €49k | €102k | €451k | €109k | €623k | ▲ 472% |
| Investment in fixed assets (approximation) | - | €0 | €-9.55M | €0 | €0 | - |
| Change in cash | - | €-1k | €17k | €-2k | €22k | ▲ 1,013% |
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €623k ▲472%
Net result €623k, the highest in the series.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €5MEq €9.18M ▲3,484%
6 profitable years in a row build equity to €9.18M.
09-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity doublescurrent ratio 1.49
Current ratio from 0.70 to 1.49; short-term debt falls from €372k to €166k.
30-09
Financial
Equity above €200kEq €256k ▲31.7%
5 profitable years in a row build equity to €256k.
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €195k ▲33.4%
4 profitable years in a row build equity to €195k.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €100kEq €146k ▲58%
3 profitable years in a row build equity to €146k.
Show earlier events
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
31-03
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.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Lasne · 1 establishment unit since 2011
Ground area
4,343 m²
Building footprint
500 m²
Volume, LiDAR
959 m³
2 parcels, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Route de l'Etat 272, 1380 Lasne
since 20112.207.003.584
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25024A0242/00E000 | Wallonia | 3,097 m² | 1 · 158 m² | 8.7 m · 2 fl. |
| 25087D0057/00M000 | Wallonia | 1,246 m² | 1 · 343 m² | - |
Linked by address, not proof of ownership
Good to know
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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 6,882 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-05-2011
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.