MAXALIS
ActiveSummary
MAXALIS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €393k and a net result of €26k. Equity is growing by ~57.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 2024 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-7
Solvency56▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.3 against 0.22 in 2023; short-term debt: 49.8% and cash: 7.5% of total assets), and 69% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
61 d late
2021
31 d late
2020
31 d early
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€393k▼ 30.7%
2023 · €568k
2018: €34klowest in 7 years
2019: €68k▲ +97.0% vs 2018
2020: €87k▲ +28.4% vs 2019
2021: €134k▲ +54.2% vs 2020
2022: €485k▲ +262% vs 2021
2023: €568k▲ +17.1% vs 2022highest in 7 years
2024: €393k▼ -30.7% vs 2023
2018 → 2024
Total assets
€1.27M▼ 5.7%
2023 · €1.34M
2018: €559klowest in 7 years
2019: €1.11M▲ +99.3% vs 2018
2020: €988k▼ -11.3% vs 2019
2021: €943k▼ -4.6% vs 2020
2022: €1.46M▲ +54.6% vs 2021highest in 7 years
2023: €1.34M▼ -7.8% vs 2022
2024: €1.27M▼ -5.7% vs 2023
2018 → 2024
Net result
€26k▼ 72.9%
2023 · €97k
2018: €3klowest in 7 years
2019: €34k▲ +946% vs 2018
2020: €20k▼ -41.3% vs 2019
2021: €48k▲ +139% vs 2020
2022: €352k▲ +635% vs 2021highest in 7 years
2023: €97k▼ -72.5% vs 2022
2024: €26k▼ -72.9% vs 2023
2018 → 2024
Working capital
€-441k▲ 0.3%
2023 · €-442k
2018: €-285k
2019: €-364k▼ -27.7% vs 2018
2020: €-210k▲ +42.3% vs 2019highest in 7 years
2021: €-332k▼ -58.0% vs 2020
2022: €-459k▼ -38.2% vs 2021lowest in 7 years
2023: €-442k▲ +3.6% vs 2022
2024: €-441k▲ +0.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€134k▲ 54.2%€485k▲ 262%€568k▲ 17.1%€393k▼ 30.7%
2020: €87klowest in 5 years
2021: €134k▲ +54.2% vs 2020
2022: €485k▲ +262% vs 2021
2023: €568k▲ +17.1% vs 2022highest in 5 years
2024: €393k▼ -30.7% vs 2023
Operating result€21k-€62k▲ 203%€378k▲ 506%€132k▼ 65.0%€68k▼ 48.7%
2020: €21klowest in 5 years
2021: €62k▲ +203% vs 2020
2022: €378k▲ +506% vs 2021highest in 5 years
2023: €132k▼ -65.0% vs 2022
2024: €68k▼ -48.7% vs 2023
Net result€20k-€48k▲ 139%€352k▲ 635%€97k▼ 72.5%€26k▼ 72.9%
2020: €20klowest in 5 years
2021: €48k▲ +139% vs 2020
2022: €352k▲ +635% vs 2021highest in 5 years
2023: €97k▼ -72.5% vs 2022
2024: €26k▼ -72.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.27M
Fixed assets
€1.08M ▼ 11.7%
Current assets
€190k ▲ 54.3%
Equity and liabilities €1.27M
Equity
€393k ▼ 30.7%
Debt
€874k ▲ 12.7%
Debt's share of the balance-sheet total rises from 57.7% to 69.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€601k▲
2023 · €513k
Cash flow
€559k▲
2023 · €477k
Current ratio
0.30▲
2023 · 0.22
Debt to equity
2.22▲
2023 · 1.37
ROE
6.7%▼
2023 · 17.1%
ROA
2.1%▼
2023 · 7.2%
Interest coverage
16.97▼
2023 · 20.21
Debt ≤ 1 year
€631k▲
2023 · €565k
Debt > 1 year
€243k▲
2023 · €211k
Income taxes
€7k▼
2023 · €11k
Staff costs
€79k▲
2023 · €65k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.34M€1.27M▼
Fixed assets21/28€1.22M€1.08M▼
Tangible fixed assets22/27€1.22M€1.08M▼
Land and buildings22€62k€50k▼
Plant, machinery and equipment23€1.11M€1.00M▼
Furniture and vehicles24€50k€25k▼
Current assets29/58€123k€190k▲
Amounts receivable within one year40/41€87k€91k▲
Trade receivables40€53k€75k▲
Other amounts receivable41€34k€17k▼
Cash at bank and in hand54/58€35k€96k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.27M▼
Equity10/15€568k€393k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€599€2k▲
Profit (loss) carried forward14€547k€372k▼
Amounts payable17/49€776k€874k▲
Amounts payable after more than one year17€211k€243k▲
Financial debts170/4€211k€243k▲
Amounts payable within one year42/48€565k€631k▲
Current portion of amounts payable after more than one year42€295k€324k▲
Financial debts43€1k€3k▲
Credit institutions430/8€1k€3k▲
Trade debts44€107k€186k▲
Suppliers440/4€107k€186k▲
Taxes, remuneration and social security45€162k€118k▼
Taxes450/3€159k€115k▼
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48-€32
Income statement
Code20232024
Non-recurring operating income76A€17k-
Remuneration, social security and pensions62€65k€79k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380k€533k▲
Other operating charges640/8€8k€4k▼
Gross operating margin9900€585k€684k▲
Operating profit (loss)9901€132k€68k▼
Financial income75/76B€649€732▲
Recurring financial income75€649€732▲
Financial charges65/66B€25k€35k▲
Recurring financial charges65€25k€35k▲
Profit (loss) for the period before taxes9903€108k€33k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€97k€26k▼
Profit (loss) for the period to be appropriated9905€97k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€548k€573k▲
Profit (loss) brought forward from the previous period14P€451k€547k▲
Transfer from equity791/2€13k-
Profit to be distributed694/7€14k€201k▲
Return on contributions (dividend)694€14k€201k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €17k | - | - |
| Remuneration, social security and pensions62 | - | €9k | €30k | €65k | €79k | ▲ 22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €183k | €149k | €285k | €380k | €533k | ▲ 40.0% |
| Other operating charges640/8 | - | €7k | €13k | €8k | €4k | ▼ 43.1% |
| Gross operating margin9900 | €218k | €228k | €706k | €585k | €684k | ▲ 16.9% |
| Operating profit (loss)9901 | €21k | €62k | €378k | €132k | €68k | ▼ 48.7% |
| Financial income75/76B | - | - | - | €649 | €732 | ▲ 12.8% |
| Recurring financial income75 | €20k | - | - | €649 | €732 | ▲ 12.8% |
| Financial charges65/66B | - | €14k | €26k | €25k | €35k | ▲ 39.5% |
| Recurring financial charges65 | €20k | €14k | €26k | €25k | €35k | ▲ 39.5% |
| Profit (loss) for the period before taxes9903 | €20k | €48k | €352k | €108k | €33k | ▼ 69.1% |
| Income taxes67/77 | €376 | €353 | €329 | €11k | €7k | ▼ 34.7% |
| Profit (loss) for the period9904 | €20k | €48k | €352k | €97k | €26k | ▼ 72.9% |
| Profit (loss) for the period to be appropriated9905 | €20k | €48k | €352k | €97k | €26k | ▼ 72.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €988k | €943k | €1.46M | €1.34M | €1.27M | ▼ 5.7% |
| Fixed assets21/28 | €886k | €912k | €1.27M | €1.22M | €1.08M | ▼ 11.7% |
| Tangible fixed assets22/27 | €886k | €912k | €1.27M | €1.22M | €1.08M | ▼ 11.7% |
| Land and buildings22 | - | €63k | €58k | €62k | €50k | ▼ 19.4% |
| Plant, machinery and equipment23 | - | €843k | €1.21M | €1.11M | €1.00M | ▼ 9.5% |
| Furniture and vehicles24 | - | €6k | - | €50k | €25k | ▼ 51.2% |
| Current assets29/58 | €102k | €31k | €191k | €123k | €190k | ▲ 54.3% |
| Amounts receivable within one year40/41 | €51k | €19k | €59k | €87k | €91k | ▲ 5.0% |
| Trade receivables40 | - | €11k | €51k | €53k | €75k | ▲ 40.8% |
| Other amounts receivable41 | - | €8k | €8k | €34k | €17k | ▼ 50.8% |
| Cash at bank and in hand54/58 | €49k | €9k | €129k | €35k | €96k | ▲ 177% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €2k | €3k | ▲ 82.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €988k | €943k | €1.46M | €1.34M | €1.27M | ▼ 5.7% |
| Equity10/15 | €87k | €134k | €485k | €568k | €393k | ▼ 30.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Reserves13 | €16k | €16k | €16k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - | - |
| Distributable reserves133 | - | €14k | €14k | €599 | €2k | ▲ 310% |
| Profit (loss) carried forward14 | €53k | €100k | €451k | €547k | €372k | ▼ 31.9% |
| Amounts payable17/49 | €901k | €809k | €973k | €776k | €874k | ▲ 12.7% |
| Amounts payable after more than one year17 | €589k | €446k | €323k | €211k | €243k | ▲ 15.6% |
| Financial debts170/4 | - | €446k | €323k | €211k | €243k | ▲ 15.6% |
| Amounts payable within one year42/48 | €312k | €363k | €650k | €565k | €631k | ▲ 11.6% |
| Current portion of amounts payable after more than one year42 | - | €166k | €378k | €295k | €324k | ▲ 9.7% |
| Financial debts43 | - | €75k | €75k | €1k | €3k | ▲ 178% |
| Credit institutions430/8 | - | €75k | €75k | €1k | €3k | ▲ 178% |
| Trade debts44 | €17k | €75k | €67k | €107k | €186k | ▲ 74.6% |
| Suppliers440/4 | - | €75k | €67k | €107k | €186k | ▲ 74.6% |
| Taxes, remuneration and social security45 | - | €32k | €127k | €162k | €118k | ▼ 27.6% |
| Taxes450/3 | - | €32k | €125k | €159k | €115k | ▼ 27.4% |
| Remuneration and social security454/9 | - | - | €2k | €3k | €2k | ▼ 37.3% |
| Other amounts payable47/48 | - | €15k | €3k | - | €32 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €48k | €352k | €97k | €26k | ▼ 72.9% |
| + Depreciation and write-downs630 | €183k | €149k | €285k | €380k | €533k | ▲ 40.0% |
| Operating cash flow (approximation) | €203k | €197k | €637k | €477k | €559k | ▲ 17.1% |
| Investment in fixed assets (approximation) | - | €-176k | €-640k | €-335k | €-390k | ▼ 16.5% |
| Change in cash | - | €-40k | €120k | €-94k | €61k | ▲ 165% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €500kEq €568k ▲17.1%
6 profitable years in a row build equity to €568k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €352k ▲635%
Operating result €378k, net result €352k, both a record.
31-12
Financial
Equity above €200kEq €485k ▲262%
5 profitable years in a row build equity to €485k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €100kEq €134k ▲54.2%
4 profitable years in a row build equity to €134k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Aalter · 1 establishment unit since 2015
Ground area
874 m²
Building footprint
173 m²
Volume, LiDAR
1,191 m³
Parcel 44029C0852/00H000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAXALIS
since 20152.302.051.015
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44029C0852/00H000 | Flanders | 874 m² | 1 · 173 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 11,250 EUR awarded · 11,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 11,250 EUR | 11,250 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
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Of 464 companies in sector 77392 we hold annual accounts for 164. 116 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
Founded13-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
77229Renting and leasing of other personal and household goods
77392Rental and leasing activities
82300Organisation of conventions and trade shows
90392Design and construction of stages and sets
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.