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MAXA

Active Foreign entityfounded 1998active for 28 yearsRenner Road, 701 nd 2Floor Wilmi, 19810New Castle County, United StatesKBO/BCE: BE 0464.220.917
MAXA
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Overview

Lifetime

3 annual accounts with figures on one time axis
peak €27,526 (2024)
€25,064▼ 8.9%
peak €7,822 (2025)
€7,822▲ 31.4%
peak €107,304 (2025)
€107,304▲ 7.9%
€124,473▼ 0.6%
Board1 name since 1998
1 directorMaenhoudt Xavier
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Result from €5,952 to €7,822Cash from €6,707 to €11,324

Key points

from the 2025 annual accounts

Equity

€107,304 ▲ 7.9%

MAXA has made a profit in every financial year since 2023.

Turnover

≈ €110,000 estimated

The abbreviated format states no turnover.

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2025 accounts came latest: 31 days after the end of the period.

Bankruptcy probability: legal form outside the model

Checked score

54
Fair
Without a bankruptcy probability, the score rests on the figures alone.
▲ +2 on 2024

Bankruptcy probability within 12 months

The KBO gives the legal form as “Foreign entity”. Checked does not compute a bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.

Financial strength
Average

71+2equity 46.3% of total assets
41=short-term debt 34.5% · cash 4.9%
47+2return on assets 3.4%

Credit verdict

Credit of up to €5,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.47 (0.39 in 2024), below 1. Short-term debt is 34.5% and cash 4.9% of total assets. 53.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

1 signal.
raises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 30 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 August (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MX
Maenhoudt Xavier
Director, since 04-09-1998
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0464220917
First establishment MAXA nv, Westkapelse Steenweg 113, Bruges
Incorporation published on 08-10-1998 · Gazette deed
All 8 events

Comparable companies

same main activity, similar in size and age
Company
MAXA 19810New Castle County €231,776 €25,064 46.3% -
S.D.G. SILENRIEUX Cerfontaine €208,918 €26,709 80.8% -
@Matrix Group Merelbeke-Melle €220,937 €21,273 27.3% -
E.R.S. TELECOM Lochristi €261,265 €23,078 76.8% -
ELEKTRICITEITSWERKEN CEULEMANS TONY Brecht €204,644 €29,253 98.9% -
BEDRUS ELECTRICITE Brussels €278,851 €25,409 83.3% -
ELCOM Bree €211,612 €27,368 47.9% -

These companies have the same main activity as MAXA: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €205,000 and €279,000, founded between 1994 and 2000.

Official details

Source: KBO
Status
Active since 14-09-1998Normal situation
Activity
General electrical installation workNACE 43211
Establishment unit
2.088.533.0318380 Bruges, since 28-09-1998
Financial year end
31 December
Peppol
Reachable since 04-12-2025
Company details

Annual accounts 2025

€25,064▼ 8.9%
€7,822▲ 31.4%
€107,304▲ 7.9%
€231,776▲ 3.2%
Filing
Filed on 31-08-2026
Financials

Insights on MAXA

MAXA files the abbreviated format. That format states no turnover. The gross margin rose from €19,762 in 2023 to €25,064 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 31-08-2026, 31 days late
€25,064
▼ 8.9%
€19,649
▲ 34.6%
€7,822
▲ 31.4%
-€42,424
▼ €963
46.3%
▲ 2.0 percentage points
0.47
▲ 0.08

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

Turnover ≈ €110,000. Estimated: probably between €75,000 and €160,000.

Balance sheet

balance sheet total €231,776 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

46.3%

Higher than 53% of 9,973 companies in 2025.

0.47

Lower than 95% of 9,836 companies in 2025.

3.4%

Higher than 41% of 9,905 companies in 2025.

MAXA Middle half of the sector 80% of the sector Abbreviated 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 Trend202520242023
Balance sheet: assets
20/58 231,776224,666241,536
21/28 194,337198,388202,440
22/27 194,337198,388202,440
22 194,215198,085201,954
24 122304485
28 --0
29/58 37,43926,27839,096
29 --0
291 --0
40/41 25,98818,88435,511
40 22,16318,02325,272
41 3,82586110,239
54/58 11,3246,7072,330
490/1 1286871,255
Balance sheet: equity and liabilities
10/49 231,776224,666241,536
10/15 107,30499,48193,529
13 105,96998,14692,246
133 105,96998,14692,246
14 1,3351,3351,283
17/49 124,473125,185148,007
17 42,05257,44672,039
170/4 42,05257,44672,039
42/48 79,86367,73875,968
42 15,39414,59313,952
44 17,3126,7209,917
440/4 17,3126,7209,917
46 1,083--
45 19,4808,84426,402
450/3 15,5208,8448,155
454/9 3,960018,247
47/48 26,59337,58225,698
492/3 2,558--
Income statement
9900 25,06427,52619,762
630 4,0514,0514,051
640/8 1,3638,8815,166
9901 19,64914,59410,544
75/76B 105
75 105
65/66B 8,3106,7815,047
65 8,3106,7815,047
9903 11,3417,8135,502
67/77 3,5181,8611,936
9904 7,8225,9523,566
9905 7,8225,9523,566
Appropriation of the result
9906 9,1577,2351,283
14P 1,3351,283-2,284
691/2 7,8225,900-
6921 7,8225,900-
Document PDFPDFPDF

The notes to these accounts have 4 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 31-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00494177.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00494177 PDF
31-12-2024 abbreviated format 29-08-2025 2025-00447499 PDF
31-12-2023 abbreviated format 30-08-2024 2024-00411523 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
23,70118,64614,595
11,87410,0047,618
00-
4,6174,376-
-42,424-41,461-36,872
46.3%44.3%38.7%
0.470.390.51
1.161.261.58
7.3%6.0%3.8%
3.4%2.6%1.5%
2.852.752.89

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.

Insights on MAXA

The operating result for 2025 is 35% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Debt's share of the balance-sheet total falls from 55.7% to 53.7%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
Maenhoudt Xavier
Director
since 04-09-1998
listed in the 2025 annual accounts, filed on 31-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Maenhoudt Xavier
Director
Board
Mandates as a list
  • Maenhoudt Xavier
    • Director, from 04-09-1998 to date

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Network & group

No group

MAXA has no parent and no holdings in its annual accounts. Maenhoudt Xavier is the only director. MAXA shares no director with another company.

Timeline

Timeline

8 events since 1998

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 31 days late
2025
Highest result from 2023 to 2025 net €7,822 ▲31.4% The operating result of €19,649 and the net result of €7,822 are both a record.
Equity above €100,000 equity €107,304 ▲7.9% With a profit in every financial year since 2023, equity grows to €107,304.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0464220917
Annual accounts 2024 filed NBBabbreviated format · 29 days late
2024
Annual accounts 2023 filed NBBabbreviated format · 30 days late
1998
First establishment MAXA nv, Westkapelse Steenweg 113, Bruges
Incorporation published on 08-10-1998

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

MAXA was incorporated on 14 September 1998.1 Since 1998, Maenhoudt Xavier has served as director.2 Total assets went from €241,536 in 2023 to €231,776 in 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0464.220.917
VAT number
BE 0464.220.917
Peppol ID
0208:0464220917
Other Peppol ID
9925:BE0464220917
Legal form
Foreign entity
Status
Active, normal situation
Founded
14-09-1998
Financial year
ends on 31 December
Peppol
Reachable since 04-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MAXA in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
43211 General electrical installation work main activity
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
Codes under NACEBEL 2003
45310 main activity

Registered office and establishments

1 establishment
Establishment Since Unit number
Renner Road, 701 nd 2Floor Wilmi registered office 19810New Castle County, United States
MAXA nv Westkapelse Steenweg 113, 8380 Bruges 46180 Agents specialised in the wholesale of other particular products 28-09-1998 2.088.533.031

Buildings and parcels at the addresses

Ground area
1,115 m²
Buildings
316 m²
Volume, LiDAR
1,698 m³
Tallest building
10.7 m
Buildings to scale, each on its own parcel
185 m², 10.7 m 131 m², 9.9 m 185 m², 10.7 m 131 m², 9.9 m

Location

establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
31007A0514/00P003871 m² 1 · 131 m² 9.9 m · 2
31007D0225/02F000244 m² 1 · 185 m² 10.7 m · 1

Branches

Branch 9.001.041.061 since 14-09-1998

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0464.220.917

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