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MAXANCO

Active Public limited companyfounded 1994active for 32 yearsMalmedyer Strasse 37, 4780 Saint-VithKBO/BCE: BE 0452.277.445 #3 oldest company in Saint-Vith, Accommodation and food service sector

Overview

Lifetime

18 annual accounts with figures on one time axis, 31 filings since 1994
peak €160,986 (2022)
€143,959▼ 6.7%
lowest -€38,342 (2015)
€52,738▼ 6.0%
peak €516,849 (2025)
€516,849▲ 11.4%
€271,086▼ 30.8%
peak 0.1 FTE (2016)
-not published
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
26-01-20265 days before the deadline
2025financial year
Debts from €391,939 to €271,086Cash from €9,365 to €6,217

Key points

from the 2025 annual accounts

Equity

€516,849 ▲ 11.4%

MAXANCO has made a profit without a break since 2016.

Turnover

≈ €370,000 estimated

The accounts state no turnover.

Filings

31 annual accounts since 1994
deadline200020102020

The last five annual accounts were filed 0 to 6 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,124 companies had the same profile as MAXANCO has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,124 companies, not a prediction for MAXANCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452277445
1 director appointed, 2 reappointments Reappointments: (vorsitzender und delegierter verwalter des verwaltungsrates) and · Appointment: (managing director) · General meeting of 29-12-2023 · Gazette deed
Reappointments: (chair and managing director) and (director) General meeting of 29-12-2017 · Gazette deed
New establishment in Saint-Vith Boardinghouse, Prümer Strasse 26
All 46 events

Comparable companies

same main activity, similar in size and age
Company
MAXANCO Saint-Vith €787,935 €143,959 65.6% -
ART OF DREAMS Laakdal €804,204 €134,791 18.0% -
WALEF Faimes €592,203 €136,908 45.7% -
KASTEELHOEVE de KERCKHEM Nieuwerkerken (Limb.) €685,294 €184,230 18.6% -
WESTRADE IMMOBILIERE Tournai €658,703 €217,826 26.1% 1.2
G.S.B. Mechelen €670,057 €90,604 48.0% 0.2
RIKKESHOEVE Sint-Truiden €503,135 €158,690 53.9% -

These companies have the same main activity as MAXANCO: guest rooms (bed and breakfast) (NACE 55204). They are comparable in size and age: total assets between €503,000 and €804,000, founded between 1993 and 2001.

Official details

Source: KBO
Status
Active since 12-03-1994Normal situation
Registered office
15 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Guest rooms (bed and breakfast)NACE 55204and 2 others
Establishment units
2.131.117.6154780 Saint-Vith, since 28-05-2003
2.236.534.0474780 Saint-Vith, since 03-11-2014
Financial year end
30 June
Peppol
Reachable since 20-10-2025
Company details

Annual accounts to 30-06-2025

€143,959▼ 6.7%
€52,738▼ 6.0%
€516,849▲ 11.4%
€787,935▼ 8.0%
Filing
Filed on 26-01-2026, 5 days before the end of the filing period
Financials

Insights on MAXANCO

Solvency rose in 2025 from 54.2% to 65.6% because of the retained profit and lower debts.

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

Financials

Annual accounts 2025

full format, filed on 26-01-2026, 5 days before the deadline
€143,959
▼ 6.7%
€79,461
▼ 10.0%
€52,738
▼ 6.0%
-€133,430
▲ €64,472
65.6%
▲ 11.4 percentage points
0.20
▲ 0.03

The turnover shown is an estimate from the gross margin.

Turnover ≈ €370,000. Estimated: probably between €220,000 and €680,000.

Balance sheet

balance sheet total €787,935 on 30-06-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

65.6%

Higher than 77% of 478 companies in 2024.

0.20

Higher than 15% of 477 companies in 2024.

6.7%

Higher than 81% of 478 companies in 2024.

MAXANCO Middle half of the sector 80% of the sector Full accounts in accommodation (NACE 55)

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212019201820172016201520142013201220112010200918 months20072006
Balance sheet: assets
20/58 787,935856,049912,459971,5321.0m1.4m1.5m1.6m1.6m1.7m848,048494,860221,204100,11294,63388,62054,19168,557
21/28 753,903814,540876,676940,6651.0m1.4m1.4m1.5m1.5m1.6m811,506491,230216,000-----
22/27 753,903814,540876,676940,6651.0m1.4m1.4m1.5m1.5m1.6m811,506491,230216,000-----
22 562,063599,392636,721674,050711,3791.0m1.1m1.1m1.1m1.2m764,018455,443216,000-----
23 187,220207,844228,469250,741272,358334,674350,212370,835393,074410,29945,63735,787------
24 1,1213,8037,98612,37414,2498,48610,32912,17113,87915,1451,851-------
26 3,5003,5003,5003,5003,5003,5003,5003,5003,500---------
29/58 34,03241,50935,78330,86724,20443,21190,52596,67496,90563,57336,5423,6305,204100,11294,63388,62054,19168,557
29 ----------------54,11966,576
291 ----------------54,11966,576
40/41 26,22330,67422,67718,05212,42718,33976,31772,59488,44543,40310,545--99,91294,36486,871--
40 26,22328,17422,67718,05212,42718,33962,72262,59462,9155958,850--63----
41 -2,500----13,59510,00025,53042,8081,695--99,84994,36486,871--
54/58 6,2179,36511,55111,42510,43322,92210,75713,0223,6028,45224,159569-26951,576721,981
490/1 1,5921,4711,5551,3901,3441,9503,45011,0584,85811,7181,8383,0615,204174174174--
Balance sheet: equity and liabilities
10/49 787,935856,049912,459971,5321.0m1.4m1.5m1.6m1.6m1.7m848,048494,860221,204100,11294,63388,62054,19168,557
10/15 516,849464,110408,033354,075291,666169,297133,77598,97992,44166,066104,40892,856100,028100,09694,28688,62054,19154,137
10/11 61,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50030,98730,987
10 61,50061,50061,50061,500--------------
100 61,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50061,50030,98730,987
13 23,54823,54823,54823,54823,54823,54823,5486,1506,1506,1506,1503,8683,8683,8683,5783,2953,0993,099
130/1 6,1506,1506,1506,1506,150-------------
130 6,1506,1506,1506,1506,1506,1506,1506,1506,1506,1506,1503,8683,8683,8683,5783,2953,0993,099
132 17,39817,39817,39817,39817,39817,39817,398-----------
14 431,801379,062322,986269,027206,61884,24948,72731,32924,791-1,58436,75827,48834,65934,72829,20823,82620,10520,051
17/49 271,086391,939504,425617,457734,0241.2m1.4m1.5m1.5m1.6m743,640402,004121,17615348--14,420
17 100,000150,000275,000400,000525,0001.1m1.3m1.4m1.4m---------
170/4 100,000150,000275,000400,000525,0001.1m1.3m1.4m1.4m---------
42/48 167,462239,412227,678216,433208,175106,08096,93190,990105,0551.6m736,543397,027120,41715348--14,420
42 50,000125,000125,000125,000125,00075,00075,00075,00075,00055,040--------
43 ---------750,000294,400-21-----
430/8 ---------750,000294,400-21-----
44 7428,2734408871,1861,1067,1383,5663,25523,31031,82622,027396-348---
440/4 7428,2734408871,1861,1067,1383,5663,25523,31031,82622,027396-348---
45 29,22029,13951,03830,74623,48925,19312,7922,424-177316--15---14,420
450/3 29,22029,13951,03830,74623,48925,19312,7922,424-177316--15---14,420
47/48 87,50077,00051,20059,80058,5004,7822,00010,00026,800765,000410,000375,000120,000-----
492/3 3,6252,5271,7481,0248495,6087,78318,62110,9259,3197,0974,977759-----
Income statement
76A ----6,000--240----------
9900 143,959154,319152,313160,986144,437143,143133,168111,146138,67261,35360,85813,973-5,251-2,098-2,785-4,831-1,061-1,271
62 -------9607,407---------
630 60,63662,13663,98962,99461,95972,42975,10878,08278,32877,87836,53116,254------
640/8 3,8613,9023,6383,4473,4054,3483,5264,3884,0781,8971,915387694364348521-360
66A ------532,464----------
9901 79,46188,28084,68694,54579,07366,36654,48125,25148,860-18,42222,412-2,669-5,945-2,462-3,132-5,352-1,061-1,631
75/76B 65----9615832737312,32566,6588,3848,8949,3145,9734,421
75 65----961588637312,32566,6588,3848,8949,3145,9734,421
76B -------240----------
65/66B 6,96611,72511,0549,61411,30814,83816,55019,04022,48720,65113,1844,5087819696444,85730
65 6,96611,72511,0549,61411,30814,83816,55019,04022,48720,65113,1844,5087819696444,85730
9903 72,56176,55573,63284,93167,76651,62438,0896,53726,375-38,34211,553-7,170-695,8265,6663,918552,760
67/77 19,82320,47819,67322,52115,89916,1023,293-0-11-15-111,074
9904 52,73856,07753,95862,41051,86635,52334,7966,53726,375-38,34211,552-7,172-695,8115,6663,917541,686
689 ------17,398-----------
9905 52,73856,07753,95862,41051,86635,52317,3986,53726,375-38,34211,552-7,172-695,8115,6663,917541,686
Appropriation of the result
9906 431,801379,062322,986269,027206,61884,24948,72731,32924,791-1,58439,04027,48834,65935,01929,49124,02220,10520,051
14P 379,062322,986269,027206,618--------------
691/2 ----------2,282--291283196--
6920 ----------2,282--291283196--
Social balance sheet
9087 --------0.1---------
Hours worked1013 --------264---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 7 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 26-01-2026.

Download as CSV

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 full format 26-01-2026 2026-00013623 PDF
30-06-2024 full format 27-01-2025 2025-00012631 PDF
30-06-2023 full format 30-01-2024 2024-00018351 PDF
30-06-2022 full format 31-01-2023 2023-00017605 PDF
30-06-2021 full format 25-01-2022 2022-01800407 PDF
30-06-2020 full format 26-01-2021 2021-01900274 PDF
30-06-2019 full format 29-01-2020 2020-02800492 PDF
30-06-2018 full format 30-01-2019 2019-03300532 PDF
30-06-2017 full format 15-01-2018 2018-01500569 PDF
30-06-2016 full format 31-01-2017 2017-03700185 PDF
30-06-2015 full format 26-01-2016 2016-03000025 PDF
30-06-2014 full format 12-01-2015 2015-01100169 PDF
30-06-2013 full format 09-01-2014 2014-00600167 PDF
30-06-2012 full format 08-02-2013 2013-03600063 PDF
30-06-2011 full format 13-01-2012 2012-00900512 PDF
30-06-2010 full format 11-01-2011 2011-00700165 PDF
30-06-2009 full format 04-01-2010 2010-00400113 PDF
31-12-2007 abbreviated format 18-06-2008 2008-23700349 PDF
31-12-2006 abbreviated format 11-06-2007 2007-20100162 PDF
31-12-2005 abbreviated format 05-07-2006 2006-41301787 PDF
31-12-2004 abbreviated format 23-06-2005 2005-32201871 PDF
31-12-2003 abbreviated format 13-12-2006 2006-90100215 PDF
31-12-2002 abbreviated format 16-06-2003 2003-24304081 PDF
31-12-2001 abbreviated format 28-05-2003 2003-16900052 PDF
31-12-2000 abbreviated format 27-01-2003 2003-02602066 PDF
31-12-1999 abbreviated format 16-10-2000 2000-65502806 PDF
31-12-1998 abbreviated format 17-11-1999 1999-59101640 PDF
31-12-1997 abbreviated format 30-10-1998 1998-55602205 PDF
31-12-1996 abbreviated format 29-10-1997 1997-51002515 PDF
31-12-1995 abbreviated format 03-09-1996 1996-42303072 PDF
31-12-1994 abbreviated format 27-09-1995 1995-51004691 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212019201820172016201520142013201220112010200918 months20072006
140,098150,416148,675157,539141,032138,795129,589103,333127,18759,45758,94313,586------
113,375118,213117,947125,404113,825107,952109,90484,619104,70339,53648,0839,083------
0002,1738,7607,24036,1564,0329,504871,712356,808291,484216,000-----
-3,148-2,186125993-12,165-2,2659,420-4,850-15,70723,590---69-1,4811,504-1,909-
-133,430-197,903-191,895-185,566-183,971-62,870-6,4065,684-8,150-1.5m-700,001-393,397-115,213100,09694,286--54,137
65.6%54.2%44.7%36.4%28.4%12.1%8.8%6.4%5.7%4.0%12.3%18.8%45.2%100.0%99.6%100.0%100.0%79.0%
0.200.170.160.140.120.410.931.060.920.040.050.010.04----4.75
0.520.841.241.742.527.2810.3114.7516.6724.267.124.331.210.000.00--0.27
10.2%12.1%13.2%17.6%17.8%21.0%26.0%6.6%28.5%-58.0%11.1%-7.7%-0.1%5.8%6.0%4.4%0.1%3.1%
6.7%6.6%5.9%6.4%5.1%2.5%2.3%0.4%1.6%-2.3%1.4%-1.4%0.0%5.8%6.0%4.4%0.1%2.5%
20.1112.8313.4516.39--------------

EBIT margin: not included in this filing.

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.

Securities and guarantees

on own assets and for others
Item30-06-202530-06-202430-06-202330-06-2022
Mortgages, amount registered€400,000€400,000€400,000€400,000
Carrying value of the mortgaged assets€562,063€599,392€636,721€674,050

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets---€2,173
€60,636€62,136€63,989€62,994

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on MAXANCO

The operating result for 2025 is 10% lower than in 2024 and the lowest since 2021.

Debt's share of the balance-sheet total falls from 45.8% to 34.4%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, last change in 2024
Managing director
appointed by deed of 28-10-2024
Director
in office according to the deed of 05-02-2018

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director

Director
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
    • Director, since before 05-02-2018
    • Director, since before 05-02-2018
    • Chair and managing director, from before 05-02-2018, last mentioned in 2018

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

Control

Capital

Capital
€61,500
Source
2025 annual accounts

Network & group

No group

MAXANCO has no parent and no holdings in its annual accounts.

Board mandates elsewhere

1 board mandate
Board mandates of MAXANCOMAXANCO sits on their board1
Director
Founded in 1985 · total assets €1.5m (2025) · negative equity

Connections & network

2 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

46 events since 1994

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFfull format · 5 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0452277445
Equity above €500,000 equity €516,849 ▲11.4% After 9 profitable years in a row, equity reaches €516,849.
Annual accounts 2024 filed PDFfull format · 4 days before the deadline
2024
1 director appointed, 2 reappointmentsReappointments: (vorsitzender und delegierter verwalter des verwaltungsrates) and · Appointment: (managing director) · General meeting of 29-12-20235 points ▸
  • General meeting, 29-12-2023
  • Director reappointment,
  • Director reappointment,
  • Director appointment, (managing director)
  • Director reappointment, (vorsitzender und delegierter verwalter des verwaltungsrates)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFfull format · 1 day before the deadline
2023
Annual accounts 2022 filed PDFfull format · on the deadline day
2022
Highest result from 2006 to 2025 net €62,410 ▲20.3% The operating result of €94,545 and the net result of €62,410 are both a record.
Annual accounts 2021 filed PDFfull format · 6 days before the deadline
2021
Equity above €200,000 equity €291,666 ▲72.3% After 5 profitable years in a row, equity reaches €291,666.
Annual accounts 2020 filed PDFfull format · 5 days before the deadline
2020
Annual accounts 2019 filed PDFfull format · 2 days before the deadline
2019
Equity above €150,000 equity €169,297 ▲26.6% After 4 profitable years in a row, equity reaches €169,297.
Annual accounts 2018 filed PDFfull format · 1 day before the deadline
2018
Reappointments: (chair and managing director) and (director)General meeting of 29-12-20174 points ▸
  • General meeting, 29-12-2017
  • Director reappointment,
  • Director reappointment,
  • Director reappointment, (chair and managing director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFfull format · 16 days before the deadline
2017
Annual accounts 2016 filed PDFfull format · on the deadline day
2016
Back to profit net €26,375 The net result is €26,375, after one loss-making year.
Annual accounts 2015 filed PDFfull format · 5 days before the deadline
2015
Weakest financial year net -€38,342 The net result drops to -€38,342, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2014 filed PDFfull format · 19 days before the deadline
2014
New establishment in Saint-Vith Boardinghouse, Prümer Strasse 26
Back to profit net €11,552 The net result is €11,552, after 2 loss-making years.
Annual accounts 2013 filed PDFfull format · 22 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 8 days late
2012
Annual accounts 2011 filed PDFfull format · 18 days before the deadline
2011
Liquidity more than 24 times current ratio 6556.10 The current ratio rises from 272.33 to 6556.10. Short-term debt falls from €348 to €15.
Equity above €100,000 equity €100,096 ▲6.2% With a profit in every financial year since 2006, equity grows to €100,096.
Annual accounts 2010 filed PDFfull format · 20 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 27 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 43 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 50 days before the deadline
2006
Annual accounts 2003 filed PDFabbreviated format
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
Annual accounts 2001 filed PDFabbreviated format
First establishment Malmedyer Strasse 37, Saint-Vith
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed NBBabbreviated format
1997
Annual accounts 1996 filed NBBabbreviated format
1996
Annual accounts 1995 filed NBBabbreviated format
1995
Annual accounts 1994 filed NBBabbreviated format
1994
Incorporation published on 30-03-1994

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

On 12 March 1994, MAXANCO was incorporated.1 Total assets went from €1.4m in 2019 to €787,935 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0452.277.445
VAT number
BE 0452.277.445
Peppol ID
0208:0452277445
Legal form
Public limited company
Status
Active, normal situation
Founded
12-03-1994
Financial year
ends on 30 June
Peppol
Reachable since 20-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MAXANCO in Dutch
Name in the Peppol Directory
Maxanco AG
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
55204 Guest rooms (bed and breakfast) main activity
64200 Holdings
70220 Business consulting

Registered office and establishments

2 establishments
Establishment Since Unit number
Malmedyer Strasse 37 registered office 4780 Saint-Vith 28-05-2003 2.131.117.615
Boardinghouse Prümer Strasse 26, 4780 Saint-Vith 03-11-2014 2.236.534.047