MAXALEX
Annual accounts 2025
micro format, filed on 21-01-2026, 10 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €1.2m on 30-06-2025in €m
in euro
Position in the sector
90.8%
Higher than 91% of 3,076 companies in 2025.
0.0%
Higher than 16% of 3,020 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.2m | 1.1m | 1.2m | 1.1m | 1.1m | |
21/28 |
731,387 | 637,984 | 626,207 | 624,297 | 1.1m | |
22/27 |
107,090 | 13,688 | 1,911 | - | 2,568 | |
23 |
19,785 | 4,275 | - | - | - | |
24 |
87,305 | 9,412 | 1,911 | - | 2,568 | |
28 |
624,297 | 624,297 | 624,297 | 624,297 | 1.1m | |
29/58 |
452,930 | 501,453 | 524,228 | 517,872 | 37,614 | |
29 |
206,089 | - | - | - | - | |
291 |
206,089 | - | - | - | - | |
40/41 |
25,349 | 18,590 | 25,766 | 16,500 | - | |
40 |
13,587 | 13,190 | 13,566 | 16,500 | - | |
41 |
11,762 | 5,400 | 12,200 | - | - | |
50/53 |
220,089 | 475,089 | 490,000 | 490,000 | - | |
54/58 |
1,402 | 7,773 | 7,233 | 10,153 | 37,614 | |
490/1 |
- | - | 1,229 | 1,219 | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.2m | 1.1m | 1.2m | 1.1m | 1.1m | |
10/15 |
1.1m | 1.1m | 1.1m | 1.0m | 34,798 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
1.1m | 1.1m | 1.1m | 1.0m | 29,000 | |
133 |
1.1m | 1.1m | 1.1m | 1.0m | 29,000 | |
14 |
10,904 | 11,429 | 11,422 | 11,364 | 798 | |
17/49 |
108,413 | 63,008 | 84,013 | 96,805 | 1.1m | |
17 |
66,392 | 20,770 | 50,929 | - | 1.0m | |
170/4 |
66,392 | 20,770 | 50,929 | - | 1.0m | |
42/48 |
42,021 | 42,238 | 33,085 | 96,805 | 103,482 | |
42 |
40,065 | 30,158 | 29,003 | - | 54,000 | |
44 |
1,295 | 1,248 | 380 | 2,000 | 42,482 | |
440/4 |
1,295 | 1,248 | 380 | 2,000 | 42,482 | |
45 |
661 | 1,188 | 198 | 91,339 | 1,000 | |
450/3 |
661 | 1,188 | 198 | 91,339 | 1,000 | |
47/48 |
- | 9,643 | 3,504 | 3,466 | 6,000 | |
| Income statement | ||||||
76A |
- | - | - | 1.1m | - | |
9900 |
38,475 | 25,623 | 42,378 | 1.1m | 55,306 | |
630 |
21,608 | 865 | 2 | - | 2,437 | |
640/8 |
3,405 | 2,337 | 1,105 | 1,069 | 1,610 | |
9901 |
13,462 | 22,421 | 41,271 | 1.1m | 51,259 | |
75/76B |
1,567 | 173 | 0 | - | - | |
75 |
1,567 | 173 | 0 | - | - | |
65/66B |
6,928 | 5,786 | 9,064 | 890 | 461 | |
65 |
6,928 | 5,786 | 5,787 | 890 | 461 | |
66B |
- | - | 3,277 | - | - | |
9903 |
8,101 | 16,807 | 32,208 | 1.1m | 50,798 | |
67/77 |
8,626 | 6,800 | 11,150 | 110,860 | 21,000 | |
9904 |
-525 | 10,007 | 21,058 | 1.0m | 29,798 | |
9905 |
-525 | 10,007 | 21,058 | 1.0m | 29,798 | |
| Appropriation of the result | ||||||
9906 |
10,904 | 21,429 | 32,422 | 1.0m | 29,798 | |
14P |
11,429 | 11,422 | 11,364 | 798 | - | |
691/2 |
- | 10,000 | 21,000 | 1.0m | 29,000 | |
6921 |
- | 10,000 | 21,000 | 1.0m | 29,000 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 21-01-2026 | 2026-00012027 | |
| 30-06-2024 | micro format | 22-01-2025 | 2025-00009163 | |
| 30-06-2023 | micro format | 10-01-2024 | 2024-00002861 | |
| 30-06-2022 | micro format | 06-01-2023 | 2023-20555608 | |
| 30-06-2021 | abbreviated format | 20-01-2022 | 2022-01400056 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 115,011 | 12,642 | 1,912 | 624,297 | 1.1m | ||
| -6,371 | 540 | -2,920 | -27,461 | - | ||
| 90.8% | 94.5% | 92.7% | 91.5% | 3.1% | ||
| 0.0% | 0.9% | 2.0% | 96.7% | 85.6% | ||
| 0.0% | 0.9% | 1.8% | 88.5% | 2.6% |
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| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €115,011 | €12,642 | €1,912 | - |
| Financial fixed assets | - | - | - | €624,297 |
| €21,608 | €865 | €2 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MAXALEX
The operating result for 2025 is 40% lower than in 2024 and the lowest since 2021. It is the third fall in a row.
Debt's share of the balance-sheet total rises from 5.5% to 9.2%. Debt is higher.
- 2023 Net result -98% on 2022. The 2022 profit included a one-off income of €1,068,234.
- 2022 Net result +3,291% on 2021. The 2022 profit included a one-off income of €1,068,234.