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MAXAMAT

Active Risk: not assessed
Private limited companyfounded 200818 yrs activeBrugsesteenweg 290, 8520 Kuurne, BelgiumKBO/BCE: BE 0898.930.276
Summary

MAXAMAT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €701k and a net result of €170k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 5547 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
2 d late
2023
1 d early
2022
4 d early
2021
3 d early
2020
2 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€701k▲ 32.0%
2024 · €531k
2019: €712khighest in 7 years 2020: €290k▼ -59.2% vs 2019lowest in 7 years 2021: €306k▲ +5.5% vs 2020 2022: €350k▲ +14.3% vs 2021 2023: €366k▲ +4.4% vs 2022 2024: €531k▲ +45.3% vs 2023 2025: €701k▲ +32.0% vs 2024
2019 → 2025
Net result
€170k▼ 16.0%
2024 · €202k
2019: €-149klowest in 7 years 2020: €50k▲ +134% vs 2019 2021: €24k▼ -52.7% vs 2020 2022: €44k▲ +85.8% vs 2021 2023: €65k▲ +49.2% vs 2022 2024: €202k▲ +210% vs 2023highest in 7 years 2025: €170k▼ -16.0% vs 2024
2019 → 2025
Total assets
€2.19M▼ 17.6%
2024 · €2.66M
2019: €2.70Mhighest in 7 years 2020: €2.46M▼ -8.9% vs 2019 2021: €2.47M▲ +0.2% vs 2020 2022: €2.41M▼ -2.0% vs 2021 2023: €2.47M▲ +2.3% vs 2022 2024: €2.66M▲ +7.5% vs 2023 2025: €2.19M▼ -17.6% vs 2024lowest in 7 years
2019 → 2025
Solvency
32.0%▲ 12.1pp
2024 · 20.0%
2019: 26.4% 2020: 11.8%▼ -55.2% vs 2019lowest in 7 years 2021: 12.4%▲ +5.3% vs 2020 2022: 14.5%▲ +16.7% vs 2021 2023: 14.8%▲ +2.0% vs 2022 2024: 20.0%▲ +35.1% vs 2023 2025: 32.0%▲ +60.3% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€306k-€350k▲ 14.3%€366k▲ 4.4%€531k▲ 45.3%€701k▲ 32.0% 2021: €306klowest in 5 years 2022: €350k▲ +14.3% vs 2021 2023: €366k▲ +4.4% vs 2022 2024: €531k▲ +45.3% vs 2023 2025: €701k▲ +32.0% vs 2024highest in 5 years
Operating result€63k-€74k▲ 17.6%€97k▲ 30.9%€43k▼ 55.6%€255k▲ 493% 2021: €63k 2022: €74k▲ +17.6% vs 2021 2023: €97k▲ +30.9% vs 2022 2024: €43k▼ -55.6% vs 2023lowest in 5 years 2025: €255k▲ +493% vs 2024highest in 5 years
Net result€24k-€44k▲ 85.8%€65k▲ 49.2%€202k▲ 210%€170k▼ 16.0% 2021: €24klowest in 5 years 2022: €44k▲ +85.8% vs 2021 2023: €65k▲ +49.2% vs 2022 2024: €202k▲ +210% vs 2023highest in 5 years 2025: €170k▼ -16.0% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €63k€63kNet result 2021: €24k€24kOperating result 2022: €74k€74kNet result 2022: €44k€44kOperating result 2023: €97k€97kNet result 2023: €65k€65kOperating result 2024: €43k€43kNet result 2024: €202k€202kOperating result 2025: €255k€255kNet result 2025: €170k€170k20212022202320242025€0€100k€200k€300kOperating result 2023: €97k€97kNet result 2023: €65k€65kOperating result 2024: €43k€43kNet result 2024: €202k€202kOperating result 2025: €255k€255kNet result 2025: €170k€170k202320242025
The operating result recovers in 2025; 2025 is 493% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.19M
Fixed assets €1.58M ▼ 20.3%
Current assets €611k ▼ 10.0%
Equity and liabilities €2.19M
Equity €701k ▲ 32.0%
Debt €1.49M ▼ 30.0%
Debt's share of the balance-sheet total falls from 80.0% to 68.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
24.3%▼
2024 · 38.1%
ROA
7.8%▲
2024 · 7.6%
Debt ≤ 1 year
€1.41M▼
2024 · €1.87M
Debt > 1 year
€76k▼
2024 · €256k
Income taxes
€82k▲
2024 · €32k
Staff costs
€329k▼
2024 · €367k
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 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.66M€2.19M▼
Fixed assets21/28€1.98M€1.58M▼
Intangible fixed assets21€2k€4k▲
Tangible fixed assets22/27€961k€558k▼
Land and buildings22€946k€550k▼
Furniture and vehicles24€15k€8k▼
Financial fixed assets28€1.02M€1.02M=
Current assets29/58€678k€611k▼
Amounts receivable after more than one year29€350k€350k=
Other amounts receivable291€350k€350k=
Amounts receivable within one year40/41€281k€211k▼
Trade receivables40€149k€33k▼
Other amounts receivable41€131k€177k▲
Cash at bank and in hand54/58€224€197▼
Deferred charges and accrued income490/1€47k€49k▲
Equity and liabilities
Total equity and liabilities10/49€2.66M€2.19M▼
Equity10/15€531k€701k▲
Contributions10/11€21k€21k=
Reserves13€510k€680k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€56k€56k=
Distributable reserves133€454k€624k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.13M€1.49M▼
Amounts payable after more than one year17€256k€76k▼
Financial debts170/4€256k€76k▼
Amounts payable within one year42/48€1.87M€1.41M▼
Current portion of amounts payable after more than one year42€68k€24k▼
Financial debts43€267k€43k▼
Credit institutions430/8€267k€43k▼
Trade debts44€1.31M€1.10M▼
Suppliers440/4€1.31M€1.10M▼
Taxes, remuneration and social security45€121k€172k▲
Taxes450/3€70k€108k▲
Remuneration and social security454/9€51k€64k▲
Other amounts payable47/48€102k€69k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement Code20242025
Non-recurring operating income76A-€353k
Remuneration, social security and pensions62€367k€329k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€39k▼
Other operating charges640/8€10k€10k▲
Gross operating margin9900€486k€633k▲
Operating profit (loss)9901€43k€255k▲
Financial income75/76B€218k€15k▼
Recurring financial income75€18k€15k▼
Non-recurring financial income76B€200k€0▼
Financial charges65/66B€26k€18k▼
Recurring financial charges65€26k€18k▼
Profit (loss) for the period before taxes9903€235k€252k▲
Income taxes67/77€32k€82k▲
Profit (loss) for the period9904€202k€170k▼
Profit (loss) for the period to be appropriated9905€202k€170k▼
Appropriation of the result
Profit (loss) to be appropriated9906€202k€170k▼
Transfer from equity791/2€37k€0▼
Transfer to equity691/2€202k€170k▼
To other reserves6921€202k€170k▼
Profit to be distributed694/7€37k€0▼
Return on contributions (dividend)694€37k€0▼
Social balance
Average headcount (FTE)90876.45.5▼

The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Non-recurring operating income76A----€353k-
Remuneration, social security and pensions62-€421k€348k€367k€329k▼ 10.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€91k€81k€65k€39k▼ 40.8%
Other operating charges640/8-€5k€5k€10k€10k▲ 3.6%
Gross operating margin9900€647k€591k€531k€486k€633k▲ 30.3%
Operating profit (loss)9901€63k€74k€97k€43k€255k▲ 493%
Financial income75/76B-€18k€18k€218k€15k▼ 93.3%
Recurring financial income75€21k€18k€18k€18k€15k▼ 20.7%
Non-recurring financial income76B---€200k€0▼ 100%
Financial charges65/66B-€25k€17k€26k€18k▼ 33.7%
Recurring financial charges65€29k€25k€17k€26k€18k▼ 33.7%
Profit (loss) for the period before taxes9903€53k€67k€98k€235k€252k▲ 7.3%
Income taxes67/77€37k€23k€33k€32k€82k▲ 153%
Profit (loss) for the period9904€24k€44k€65k€202k€170k▼ 16.0%
Profit (loss) for the period to be appropriated9905€24k€44k€65k€202k€170k▼ 16.0%
Line20212022202320242025Change
Assets
Total assets20/58€2.47M€2.41M€2.47M€2.66M€2.19M▼ 17.6%
Formation expenses20€0-----
Fixed assets21/28€2.09M€1.92M€1.84M€1.98M€1.58M▼ 20.3%
Intangible fixed assets21€16k€9k€6k€2k€4k▲ 59.6%
Tangible fixed assets22/27€1.26M€1.10M€1.02M€961k€558k▼ 41.9%
Land and buildings22-€1.07M€1.00M€946k€550k▼ 41.9%
Furniture and vehicles24-€34k€23k€15k€8k▼ 45.0%
Financial fixed assets28€816k€816k€816k€1.02M€1.02M=
Current assets29/58€451k€491k€627k€678k€611k▼ 10.0%
Amounts receivable after more than one year29-€350k€350k€350k€350k=
Other amounts receivable291-€350k€350k€350k€350k=
Stocks and contracts in progress3€0-----
Amounts receivable within one year40/41€336k€109k€237k€281k€211k▼ 24.9%
Trade receivables40-€8k€99k€149k€33k▼ 77.7%
Other amounts receivable41-€101k€138k€131k€177k▲ 35.1%
Current investments50/53€0-----
Cash at bank and in hand54/58€8k€1k€277€224€197▼ 12.1%
Deferred charges and accrued income490/1-€30k€39k€47k€49k▲ 5.2%
Equity and liabilities
Total equity and liabilities10/49€2.47M€2.41M€2.47M€2.66M€2.19M▼ 17.6%
Equity10/15€306k€350k€366k€531k€701k▲ 32.0%
Contributions10/11-€21k€21k€21k€21k=
Reserves13€285k€329k€345k€510k€680k▲ 33.3%
Non-distributable reserves130/1-€2k€2k€0--
Reserves not available under the articles1311-€2k€2k€0--
Tax-exempt reserves132-€56k€56k€56k€56k=
Distributable reserves133-€271k€286k€454k€624k▲ 37.5%
Profit (loss) carried forward14€0--€0€0-
Amounts payable17/49€2.17M€2.06M€2.11M€2.13M€1.49M▼ 30.0%
Amounts payable after more than one year17€834k€611k€523k€256k€76k▼ 70.1%
Financial debts170/4-€611k€523k€256k€76k▼ 70.1%
Amounts payable within one year42/48€1.42M€1.45M€1.58M€1.87M€1.41M▼ 24.6%
Current portion of amounts payable after more than one year42-€123k€88k€68k€24k▼ 65.0%
Financial debts43-€12k€10k€267k€43k▼ 83.8%
Credit institutions430/8-€12k€10k€267k€43k▼ 83.8%
Trade debts44€1.04M€1.15M€1.26M€1.31M€1.10M▼ 16.0%
Suppliers440/4-€1.15M€1.26M€1.31M€1.10M▼ 16.0%
Taxes, remuneration and social security45-€103k€152k€121k€172k▲ 41.9%
Taxes450/3-€49k€104k€70k€108k▲ 55.3%
Remuneration and social security454/9-€54k€48k€51k€64k▲ 23.7%
Other amounts payable47/48-€63k€65k€102k€69k▼ 32.4%
Accrued charges and deferred income492/3-€3k€2k€2k€2k▲ 3.0%
Line20212022202320242025Change
Profit (loss) for the period9904€24k€44k€65k€202k€170k▼ 16.0%
+ Depreciation and write-downs630€96k€91k€81k€65k€39k▼ 40.8%
Operating cash flow (approximation)€119k€135k€146k€268k€209k▼ 22.1%
Investment in fixed assets (approximation)-€75k€-836€-200k€363k▲ 281%
Change in cash-€-7k€-1k€-53€-27▲ 48.5%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-02
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 2 days late
2024
30-06
Financial Highest result since 2019net €202k ▲210%
Net result €202k, the highest in the series.
30-06
Financial Equity above €500kEq €531k ▲45.3%
5 profitable years in a row build equity to €531k.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial Back to profitnet €50k
Net result €50k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Kuurne · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2,369 m²
Building footprint
1,516 m²
Volume, LiDAR
7,490 m³
Parcel 34023B0202/00X003, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MAXAMAT
Brugsesteenweg 290, 8520 KuurneAgents in non-specialised wholesale trade
since 20162.255.020.465
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34023B0202/00X003 Flanders 2,369 m² 1 · 1,516 m² 7.5 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.

Similar companies · same sector, comparable size

Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 13,321 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
Founded25-06-2008
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
70100Activities of head offices
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.