Equity
-€20,628
Debts exceed assets in financial year 2025.
MAXAPP
Overview
Lifetime
6 annual accounts with figures on one time axispeak €613 (2021)
-€654▲ €280
lowest -€9,862 (2020)
-€1,220▲ €5,636
peak €10,138 (2020)
-€20,628▼ €1,220
€21,525▲ 6.3%
Board2 names since 2019
1 directorDidier LETIEXHE
Documentsfilings and deeds
24-02-202624 days late
2025micro format
Gross margin from -€934 to -€654Loss of €1,220Cash from €93 to €203
Key points
from the 2025 annual accountsLosses
-€40,628 in six years
Every financial year from 2020 to 2025 closed with a loss. 2020 was the heaviest.
Position in the sector
-2301.6%
Lower solvency than 95% of companies in computing infrastructure and information services. Sector median 55.3% · 2,302 companies.
2025 accounts filed 24 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 14% of micro companies in computing infrastructure and information services (NACE 63)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 2,947 companies (NACE 63, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 0.9%▼ -0.1 percentage points vs 01-2025
03-2025: 1.0%▲ +0.1 percentage points vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.2%▲ +0.1 percentage points vs 09-2025
11-2025: 1.1%▼ -0.1 percentage points vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.2%▲ +0.1 percentage points vs 12-2025
02-2026: 1.7%▲ +0.5 percentage points vs 01-2026highest value
03-2026: 1.0%▼ -0.7 percentage points vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 0.9%▼ -0.1 percentage points vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€20,628
No registered site in the KBO
lowers risk
Size: total assets €896
Sector: Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, micro). It does better than 5% of them on solvency, 13% on liquidity, 7% on profitability and 33% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as MAXAPP has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MAXAPP itself is lower: 0.9% within 12 months. It rests on far more data about MAXAPP than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 6,008 companies, not a prediction for MAXAPP. 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
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€20,628
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
24 days late
2024
6 days early
2023
1 day early
2022
5 days early
2021
on the day
2020
1 day late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 2 days after the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- LETIEXHE Didier Georges Daniel 20 sharesdeed of 30-07-2019
- LETIEXHE Martin Caroline Pierre 490 sharesdeed of 30-07-2019
- LETIEXHE Sebastien Olivier Geneviève 490 sharesdeed of 30-07-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0731631111
Resignation: Martin LETIEXHE (director)
Appointment: Didier LETIEXHE (director) · General meeting of 03-01-2022 · Gazette deed
Incorporation
Founding capital of €20,000, 1,000 shares · Founders: LETIEXHE Didier Georges Daniel, LETIEXHE Martin Caroline Pierre and LETIEXHE Sebastien Olivier Geneviève · Appointment: LETIEXHE Martin Caroline Pierre (director) · published on 30-07-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAXAPP Sprimont | €896 | -€654 | -2301.6% | - |
| SHOP2HERO Brussels | €827 | -€251 | -2106.3% | - |
| LIAISE Waterloo | €731 | -€687 | -4819.7% | - |
| Glorious Partners Essen | €1,432 | -€11,660 | -358.2% | - |
| MONRESPRO Quaregnon | €1,005 | -€2,299 | -3611.3% | - |
| TRANSAPP Merelbeke-Melle | €2,783 | -€66 | 68.2% | - |
| Mr Horeca Quaregnon | €1,537 | -€2,067 | 83.1% | - |
These companies have the same main activity as MAXAPP: web portal activities (NACE 63910). They are comparable in size and age: total assets between €731 and €2,780, founded between 2013 and 2023.
Official details
Source: KBO- Status
- Active since 26-07-2019Normal situation
- Activity
- Web portal activitiesNACE 63910and 2 others
- Financial year end
- 30 June
- Peppol
- Reachable since 05-12-2025
Annual accounts to 30-06-2025
- -€654▲ 30.0%
- €1,220▼ 82.2%
- -€20,628▼ 6.3%
- €896▲ 6.5%
- Filing
- Filed on 24-02-2026
Insights on MAXAPP
MAXAPP files the micro format. That format states no turnover. The gross margin rose from -€4,353 in 2020 to -€654 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-02-2026, 24 days late-€654
▲ €280
-€1,138
▲ €5,633
-€1,220
▲ €5,636
-€20,628
▼ €1,220
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €896 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-
Lower than 95% of 1,976 companies in 2023.
-
Lower than 95% of 1,905 companies in 2023.
-
Lower than 95% of 1,925 companies in 2023.
MAXAPP
Middle half of the sector
80% of the sector
Micro accounts in computing infrastructure and information services (NACE 63)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
896 | 841 | 6,756 | 17,712 | 28,826 | 58,941 | |
21/28 |
- | - | 5,490 | 12,064 | 18,367 | 21,960 | |
21 |
- | - | 5,490 | 10,980 | 16,470 | 21,960 | |
22/27 |
- | - | - | 1,084 | 1,897 | - | |
24 |
- | - | - | 1,084 | 1,897 | - | |
29/58 |
896 | 841 | 1,266 | 5,649 | 10,459 | 36,981 | |
40/41 |
694 | 748 | 930 | 333 | 10,202 | 35,095 | |
40 |
- | - | 726 | 250 | 3,310 | 35,023 | |
41 |
694 | 748 | 204 | 83 | 6,892 | 72 | |
54/58 |
203 | 93 | 336 | 5,316 | 257 | 1,886 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
896 | 841 | 6,756 | 17,712 | 28,826 | 58,941 | |
10/15 |
-20,628 | -19,408 | -12,552 | -3,858 | 4,650 | 10,138 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
14 |
-40,628 | -39,408 | -32,552 | -23,858 | -15,350 | -9,862 | |
17/49 |
21,525 | 20,250 | 19,308 | 21,571 | 24,176 | 48,803 | |
42/48 |
21,525 | 20,250 | 19,308 | 21,571 | 24,176 | 48,803 | |
44 |
2,955 | 3,590 | 2,624 | 3,071 | 6,176 | 31,803 | |
440/4 |
2,955 | 3,590 | 2,624 | 3,071 | 6,176 | 31,803 | |
47/48 |
18,570 | 16,660 | 16,684 | 18,500 | 18,000 | 17,000 | |
| Income statement | |||||||
9900 |
-654 | -934 | -2,616 | -2,037 | 613 | -4,353 | |
630 |
- | 5,490 | 5,490 | 6,304 | 6,034 | 5,490 | |
640/8 |
484 | 348 | 509 | 25 | - | - | |
9901 |
-1,138 | -6,771 | -8,614 | -8,366 | -5,421 | -9,843 | |
65/66B |
83 | 85 | 79 | 143 | 67 | 19 | |
65 |
83 | 85 | 79 | 143 | 67 | 19 | |
9903 |
-1,220 | -6,856 | -8,694 | -8,509 | -5,488 | -9,862 | |
9904 |
-1,220 | -6,856 | -8,694 | -8,509 | -5,488 | -9,862 | |
9905 |
-1,220 | -6,856 | -8,694 | -8,509 | -5,488 | -9,862 | |
| Appropriation of the result | |||||||
9906 |
-40,628 | -39,408 | -32,552 | -23,858 | -15,350 | -9,862 | |
14P |
-39,408 | -32,552 | -23,858 | -15,350 | - | - | |
| Document | |||||||
The notes to these accounts have 3 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 24-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 24 days after the deadline. Filed on 24 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00042756.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 24-02-2026 | 2026-00042756 | |
| 30-06-2024 | micro format | 25-01-2025 | 2025-00012412 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00012997 | |
| 30-06-2022 | micro format | 26-01-2023 | 2023-00004977 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03300157 | |
| 30-06-2020 | micro format | 01-02-2021 | 2021-04100397 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| - | -1,281 | -3,124 | -2,062 | 613 | -4,353 | ||
| - | -1,366 | -3,204 | -2,205 | 546 | -4,372 | ||
| - | 0 | -1,084 | 0 | 2,441 | 27,450 | ||
| 110 | -243 | -4,980 | 5,059 | -1,629 | - | ||
| -20,628 | -19,408 | -18,042 | -15,922 | -13,717 | -11,822 | ||
| - | - | -185.8% | -21.8% | 16.1% | 17.2% | ||
| - | - | 0.07 | 0.26 | 0.43 | 0.76 | ||
| - | - | - | - | 5.20 | 4.81 | ||
| - | - | - | - | -118.0% | -97.3% | ||
| - | - | -128.7% | -48.0% | -19.0% | -16.7% | ||
| - | -15.09 | -39.37 | -14.42 | - | -229.11 |
The ratios are withheld because a balance sheet total of €896 is too small for a meaningful ratio.
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 | 30-06-2020 |
|---|---|---|---|---|---|
| Intangible fixed assets | - | - | - | - | €27,450 |
| - | €5,490 | €5,490 | €6,304 | €5,490 |
Source: notes to the 2020 to 2025 annual accounts (statement of fixed assets)
Insights on MAXAPP
The operating result for 2025 is a loss of €1,138, smaller than the loss of €6,771 in 2024.
Equity is negative. Debt (€21,525) exceeds the balance-sheet total (€896).
Board & ownership
Board
1 director, no change since 2022Director
since 01-01-2022
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 24-02-2026
Mandates through the years
2 names, the dashed line is todayDidier LETIEXHE
Director
Director
LETIEXHE Martin Caroline Pierre
Director (not named in the articles)
Director (not named in the articles)
BoardEarlier
Mandates as a list
- Didier LETIEXHE
- Director, from 01-01-2022 to date
- LETIEXHE Martin Caroline Pierre
- Director (not named in the articles), from 26-07-2019 to 06-04-2022
Control
Founders
LETIEXHE Didier Georges Daniel, LETIEXHE Martin Caroline Pierre, LETIEXHE Sebastien Olivier Geneviève
This company
MAXAPP
Equity -€20,628
Loss €1,220 in 2025
Capital
- Contribution
- €20,000
- Shares
- 1,000
- Contribution per share
- €20
- Equity per share
- -€20.63 in 2025
- Source
- deed of 30-07-2019
Articles of association
deed of 30-07-2019 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 30-07-2019 ↗
- LETIEXHE Didier Georges Daniel 20 shares (2%) · €400
- LETIEXHE Martin Caroline Pierre 490 shares (49%) · €9,800
- LETIEXHE Sebastien Olivier Geneviève 490 shares (49%) · €9,800
Network & group
No group
MAXAPP has no parent and no holdings in its annual accounts. Didier LETIEXHE is the only director.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
CHEZ LAURETTE SPA
via Didier LETIEXHE · Director (not named in the articles) · deed of 29-07-2021
Founded in 2021 · total assets €115,616 (2025)
→
Timeline
Timeline
9 events since 2019Board
Filings
2020202220242026
Deadline for the 2026 accounts: 31-01-2027
2026
Annual accounts 2025 filed PDFmicro format · 24 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0731631111
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 5 days before the deadline
2022
Resignation: Martin LETIEXHE (director)Appointment: Didier LETIEXHE (director) · General meeting of 03-01-20223 points ▸
- General meeting, 03-01-2022
- Director resignation, Martin LETIEXHE
- Director appointment, Didier LETIEXHE
Annual accounts 2021 filed PDFmicro format · on the deadline day
2021
Annual accounts 2020 filed PDFmicro format · 1 day late
2019
IncorporationFounding capital of €20,000, 1,000 shares · Founders: LETIEXHE Didier Georges Daniel, LETIEXHE Martin Caroline Pierre and LETIEXHE Sebastien Olivier Geneviève · Appointment: LETIEXHE Martin Caroline Pierre (director) · published on 30-07-20198 points ▸
- Founder, LETIEXHE Didier Georges Daniel (comparant)
- Founder, LETIEXHE Martin Caroline Pierre (comparant)
- Founder, LETIEXHE Sebastien Olivier Geneviève (comparant)
- Founding capital, €20,000, 1,000 shares
- 1,000 shares
- Registered office clause, Rue de Remouchamps 2/1, 4141 Sprimont (Louveigne)
- Board rule, 1
- Director appointment, LETIEXHE Martin Caroline Pierre (director (not named in the articles))
- The deed holds 4 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 26 July 2019, MAXAPP was incorporated as a private limited company by three natural persons, with a starting capital of €20,000.12 Didier LETIEXHE has served as director since 2022.3 Total assets went from €58,941 in 2020 to €6,756 in 2023.4
Company details
Identity
- Enterprise number
- 0731.631.111
- VAT number
- BE 0731.631.111
- Peppol ID
- 0208:0731631111
- Other Peppol ID
- 9925:BE0731631111
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 26-07-2019
- Financial year
- ends on 30 June
- Peppol
- Reachable since 05-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MAXAPP in French
- Name in the Peppol Directory
- MAX APP
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-07-2019 (in French)
Activities
NACEBEL 202563910
Web portal activities main activity
Codes under NACEBEL 2008
63120
Computing infrastructure, data processing, hosting and other information service activities main activity
62020
IT consultancy
74909
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes les activités se rapportant directement ou indirectement à la communication,la création de site web et l’infographie; Elle a…”deed of 30-07-2019 (in French)
16 activities
- Toutes les activités se rapportant directement ou indirectement à la communication,la création de site web et l’infographie ;
- Elle a également pour objet,à titre accessoire:la consultance et le conseil dans le domaine ci-dessus ;
- Le développement informatique et la commercialisation de ces développements,dont plus particulièrement des applications mobiles et web,le commerce électronique,la messagerie informatique,la gestion et suivi de services en ligne ;
- L’hébergement de données,sites,programmes et applications informatiques ;
- L’achat,vente et location de matériel informatique ;
- L’import/l’export dans le monde ;
- L’acquisition d’actions ou de parts sociales d’autres sociétés,la négociation en tant qu’intermédiaire de l’acquisition,la vente d’actions ou de parts sociales an sens le plus large,la participation à des opérations d’émission d’actions,de parts et de titres à revenus fixes,par voie de souscription,de cautionnement,d’achat,de vente ou autrement,ainsi que la réalisation de toute opération,quelle qu’en soit leur nature,en relation directe ou indirecte avec l’objet ;
- L’exercice de toute mission d’administration et l’exercice de mandat et fonctions dans d’autres sociétés ;
- La société peut également exercer des fonctions d’administration et/ou de gestion dans d’autres sociétés ;
- L’apport de services aux différents domaines de l’activité économique et notamment toute opération d’expertise et de conseil en matière de gestion,d’organisation financière,d’investissement,ainsi qu’en matière technique,commerciale ou administrative au sens le plus large ;
- L’étude,le dépôt,la gestion,l’acquisition,l’aliénation de produits de recherches,notamment de brevets de licences,de know-how ou ingénierie ;
- Le conseil en informatique,management,gestion de projet,communication,publicité.Elle pourra en outre effectuer toute activité se situant dans le domaine des médias,de la communication et de l’information en général ;
- L’organisation d’évènements(foires,salons,conférences,…)et toute activité s’y rapportant ;
- La consultance et les services de gestion ;
- L’import-export et le trading de tous produits et matières ;
- La formation et le coaching en entreprise ;
Registered office and establishments
| Rue de Remouchamps 2 registered office 4141 Sprimont |
Buildings and parcels at the address
- Ground area
- 2,096 m²
- Buildings
- 465 m²
- Volume, LiDAR
- 3,255 m³
- Tallest building
- 11.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62067F1411/00A000 | 2,096 m² | 1 · 465 m² | 11.0 m · 2 |