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Maxall

Active
Private limited company (pre-2019)founded 2012active for 14 yearsRue de la Commone 17, 1315 Incourt, BelgiumKBO/BCE: BE 0848.188.982
Summary

The computed 12-month bankruptcy probability of Maxall is 2.4% (moderate). The 2024 annual accounts show equity of €127,451 and a net result of -€4,303. Equity is growing by about 6.3% per year across the filed financial years. The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 30 October 2026.

Equity
€127,451▼ 3.3%
2023 · €131,755
Total assets
€139,275▼ 0.2%
2023 · €139,520
Net result
-€4,303
2023 · €25,669
Working capital
€131,751=
2023 · €131,755
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result turns negative in 2024: a loss of €6,812 after €30,026 in 2023, the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€6,812 2024 Net result-€4,303 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€2,436-€14,090€25,834▲ 83.3%-€6,275-€4,165▲ 33.6%€30,026-€6,812
Net result-€1,572-€11,078€18,933▲ 70.9%-€5,199-€3,530▲ 32.1%€25,669-€4,303
Equity€84,804-€95,882▲ 13.1%€114,815▲ 19.7%€109,616▼ 4.5%€106,085▼ 3.2%€131,755▲ 24.2%€127,451▼ 3.3%
Total assets€90,942-€109,315▲ 20.2%€116,186▲ 6.3%€110,049▼ 5.3%€107,380▼ 2.4%€139,520▲ 29.9%€139,275▼ 0.2%
Debt€6,138-€13,432▲ 119%€1,371▼ 89.8%€433▼ 68.4%€1,294▲ 199%€7,765▲ 500%€7,524▼ 3.1%
Working capital€84,832-€94,811▲ 11.8%€114,843▲ 21.1%€109,644▼ 4.5%€106,115▼ 3.2%€131,755▲ 24.2%€131,751=
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €139,275
Equity €127,451 ▼ 3.3%
Provisions €4,300
Debt €7,524 ▼ 3.1%
Debt's share of the balance-sheet total falls from 5.6% to 5.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
18.51▲
2023 · 17.97
Debt to equity
0.06▲
2023 · 0.06
ROE
-3.4%▼
2023 · 19.5%
ROA
-3.1%▼
2023 · 18.4%
Debt ≤ 1 year
€7,524▼
2023 · €7,765
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,908 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€139,520€139,275▼
Current assets29/58€139,520€139,275▼
Amounts receivable after more than one year29€40,000€40,000=
Other amounts receivable291€40,000€40,000=
Amounts receivable within one year40/41€78,302€81,410▲
Trade receivables40€9,687€11,083▲
Other amounts receivable41€68,614€70,327▲
Cash at bank and in hand54/58€16,780€14,757▼
Deferred charges and accrued income490/1€4,438€3,108▼
Equity and liabilities
Total equity and liabilities10/49€139,520€139,275▼
Equity10/15€131,755€127,451▼
Contributions10/11€6,200€6,200=
Reserves13€33,942€33,942=
Non-distributable reserves130/1€1,855€1,855=
Reserves not available under the articles1311€1,855€1,855=
Distributable reserves133€32,087€32,087=
Profit (loss) carried forward14€91,612€87,309▼
Provisions and deferred taxes16-€4,300
Provisions for liabilities and charges160/5-€4,300
Other liabilities and charges164/5-€4,300
Amounts payable17/49€7,765€7,524▼
Amounts payable within one year42/48€7,765€7,524▼
Trade debts44-€103
Suppliers440/4-€103
Taxes, remuneration and social security45€7,765€7,420▼
Taxes450/3€7,765€7,420▼
Income statement Code20232024
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€44,586-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€4,300
Other operating charges640/8€4,792€394▼
Gross operating margin9900-€9,767-€2,118▲
Operating profit (loss)9901€30,026-€6,812▼
Financial income75/76B€3,108€2,554▼
Recurring financial income75€3,108€2,554▼
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€33,090-€4,303▼
Income taxes67/77€7,420-
Profit (loss) for the period9904€25,669-€4,303▼
Profit (loss) for the period to be appropriated9905€25,669-€4,303▼
Appropriation of the result
Profit (loss) to be appropriated9906€91,612€87,309▼
Profit (loss) brought forward from the previous period14P€65,943€91,612▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,591€1,100€1,100-----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€44,586--
Provisions for liabilities and charges: additions (uses and reversals)635/8------€4,300-
Other operating charges640/8---€1,060€1,341€4,792€394▼ 91.8%
Gross operating margin9900€4,582€16,143€38,753-€5,215-€2,824-€9,767-€2,118▲ 78.3%
Operating profit (loss)9901-€2,436€14,090€25,834-€6,275-€4,165€30,026-€6,812-
Financial income75/76B---€1,203€1,028€3,108€2,554▼ 17.8%
Recurring financial income75€1,359€1,301€1,164€1,203€1,028€3,108€2,554▼ 17.8%
Financial charges65/66B---€127€49€45€45=
Recurring financial charges65€61€99€57€127€49€45€45=
Profit (loss) for the period before taxes9903-€1,138€15,293€26,941-€5,199-€3,185€33,090-€4,303-
Income taxes67/77€434€4,215€8,008-€345€7,420--
Profit (loss) for the period9904-€1,572€11,078€18,933-€5,199-€3,530€25,669-€4,303-
Profit (loss) for the period to be appropriated9905-€1,572€11,078€18,933-€5,199-€3,530€25,669-€4,303-
Line2018201920202021202220232024Change
Assets
Total assets20/58€90,942€109,315€116,186€110,049€107,380€139,520€139,275▼ 0.2%
Fixed assets21/28-€1,100------
Tangible fixed assets22/27-€1,100------
Current assets29/58€90,942€108,215€116,186€110,049€107,380€139,520€139,275▼ 0.2%
Amounts receivable after more than one year29---€40,000€40,000€40,000€40,000=
Other amounts receivable291---€40,000€40,000€40,000€40,000=
Amounts receivable within one year40/41€39,165€53,093€17,544€23,336€25,840€78,302€81,410▲ 4.0%
Trade receivables40---€9,706€12,936€9,687€11,083▲ 14.4%
Other amounts receivable41---€13,629€12,905€68,614€70,327▲ 2.5%
Cash at bank and in hand54/58€9,761€2,403€58,642€44,638€39,453€16,780€14,757▼ 12.1%
Deferred charges and accrued income490/1---€2,076€2,086€4,438€3,108▼ 30.0%
Equity and liabilities
Total equity and liabilities10/49€90,942€109,315€116,186€110,049€107,380€139,520€139,275▼ 0.2%
Equity10/15€84,804€95,882€114,815€109,616€106,085€131,755€127,451▼ 3.3%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200=
Reserves13€33,942€33,942€33,942€33,942€33,942€33,942€33,942=
Non-distributable reserves130/1---€1,855€1,855€1,855€1,855=
Reserves not available under the articles1311---€1,855€1,855€1,855€1,855=
Distributable reserves133---€32,087€32,087€32,087€32,087=
Profit (loss) carried forward14€44,662€55,740€74,673€69,473€65,943€91,612€87,309▼ 4.7%
Provisions and deferred taxes16------€4,300-
Provisions for liabilities and charges160/5------€4,300-
Other liabilities and charges164/5------€4,300-
Amounts payable17/49€6,138€13,432€1,371€433€1,294€7,765€7,524▼ 3.1%
Amounts payable within one year42/48€6,110€13,404€1,343€405€1,265€7,765€7,524▼ 3.1%
Trade debts44€5,319€8,125€1,056€333€920-€103-
Suppliers440/4---€333€920-€103-
Taxes, remuneration and social security45---€72€345€7,765€7,420▼ 4.4%
Taxes450/3---€72€345€7,765€7,420▼ 4.4%
Accrued charges and deferred income492/3---€28€29---
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€1,572€11,078€18,933-€5,199-€3,530€25,669-€4,303-
+ Depreciation and write-downs630€4,591€1,100€1,100-----
Operating cash flow (approximation)€3,019€12,178€20,033-€5,199-€3,530€25,669-€4,303-
Change in cash--€7,359€56,239-€14,004-€5,184-€22,673-€2,023▲ 91.1%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 31-08-2025 2025-00483089
31-12-2023 micro format 30-09-2024 2024-00493926
31-12-2022 micro format 30-09-2023 2023-00478544
31-12-2021 micro format 31-10-2022 2022-20483164
31-12-2020 micro format 30-10-2021 2021-76500405
31-12-2019 micro format 26-10-2020 2020-63400346
31-12-2018 micro format 30-08-2019 2019-60200226
31-12-2017 micro format 28-08-2018 2018-57900451
31-12-2016 micro format 31-08-2017 2017-59200145
31-12-2015 full format 31-08-2016 2016-58300515

Show all 12 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.