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MAXATRANS

Active
Private limited companyfounded 199630 yrs activeGheerstraat(WAA) 40, 7784 Comines-Warneton, BelgiumKBO/BCE: BE 0458.095.663
Summary

MAXATRANS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,032 and a net result of €10,603. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 84% of 466 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability82▲+42
Solvency100▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.28 in 2024; short-term debt: 20.8% and cash: 1.1% of total assets), and 24.9% of the assets are financed with debt.
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Signals

Five 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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
75.1%
Return on assets
10.5%
Age of the figures
15 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
60 d early
2023
72 d early
2022
4 d early
2021
76 d early
2020
2 d early
2019
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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. Usually files around 2 December (5 of the last 5 filed years within 56 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 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

History

On 10 June 1996, MAXATRANS was incorporated.1 Total assets went from EUR 99,061 in 2019 to EUR 101,248 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,603
2024 · -€4,774
Working capital
-€12,853▲ 24.0%
2024 · -€16,920
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€14,226▲ 64.5%€3,922▼ 72.4%€902▼ 77.0%-€1,695€14,801
Net result€7,628within the sector's middle half▲ 19.7%-€553below the sector's middle half-€2,426below the sector's middle half▼ 339%-€4,774below the sector's middle half▼ 96.7%€10,603within the sector's middle half
Equity€73,182within the sector's middle half▲ 11.6%€72,629within the sector's middle half▼ 0.8%€70,203within the sector's middle half▼ 3.3%€65,429within the sector's middle half▼ 6.8%€76,032below the sector's middle half▲ 16.2%
Total assets€164,096below the sector's middle half▲ 83.3%€141,390below the sector's middle half▼ 13.8%€126,601below the sector's middle half▼ 10.5%€108,056below the sector's middle half▼ 14.6%€101,248below the sector's middle half▼ 6.3%
Debt€90,914▲ 279%€68,762▼ 24.4%€56,398▼ 18.0%€42,627▼ 24.4%€25,216▼ 40.8%
Working capital€685within the sector's middle half▼ 93.1%-€5,153within the sector's middle half-€9,383within the sector's middle half▼ 82.1%-€16,920below the sector's middle half▼ 80.3%-€12,853below the sector's middle half▲ 24.0%
Solvency44.6%within the sector's middle half▼ 28.6pp51.4%within the sector's middle half▲ 6.8pp55.5%within the sector's middle half▲ 4.1pp60.6%above the sector's middle half▲ 5.1pp75.1%above the sector's middle half▲ 14.5pp
Current ratio1.03within the sector's middle half▼ 0.620.74below the sector's middle half▼ 0.280.59below the sector's middle half▼ 0.160.28below the sector's middle half▼ 0.300.39below the sector's middle half▲ 0.11
Return on assets (ROA)4.6%within the sector's middle half▼ 2.5pp-0.4%below the sector's middle half▼ 5.0pp-1.9%below the sector's middle half▼ 1.5pp-4.4%below the sector's middle half▼ 2.5pp10.5%above the sector's middle half▲ 14.9pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000€15,000Operating result 2021: €14,226€14,226Net result 2021: €7,628€7,628Operating result 2022: €3,922€3,922Net result 2022: -€553-€553Operating result 2023: €902€902Net result 2023: -€2,426-€2,426Operating result 2024: -€1,695-€1,695Net result 2024: -€4,774-€4,774Operating result 2025: €14,801€14,801Net result 2025: €10,603€10,60320212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: €902€902Net result 2023: -€2,426-€2,430Operating result 2024: -€1,695-€1,700Net result 2024: -€4,774-€4,770Operating result 2025: €14,801€14,800Net result 2025: €10,603€10,600202320242025
The operating result returns to profit in 2025: €14,801 after a loss of €1,695 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,248
Fixed assets €93,052 ▼ 8.3%
Current assets €8,196 ▲ 23.8%
Equity and liabilities €101,248
Equity €76,032 ▲ 16.2%
Debt €25,216 ▼ 40.8%
Debt's share of the balance-sheet total falls from 39.4% to 24.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,346▲
2024 · €10,228
Cash flow
€22,147▲
2024 · €7,149
Debt to equity
0.33▼
2024 · 0.65
ROE
13.9%▲
2024 · -7.3%
Interest coverage
8.86▲
2024 · 3.26
Debt ≤ 1 year
€21,049▼
2024 · €23,540
Debt > 1 year
€3,767▼
2024 · €18,702
Income taxes
€1,300▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€108,056€101,248▼
Fixed assets21/28€101,435€93,052▼
Tangible fixed assets22/27€101,435€93,052▼
Land and buildings22€43,281€43,281=
Plant, machinery and equipment23€58,154€49,771▼
Current assets29/58€6,621€8,196▲
Amounts receivable within one year40/41€2,419€5,776▲
Trade receivables40€1,142€4,573▲
Other amounts receivable41€1,277€1,203▼
Cash at bank and in hand54/58€2,911€1,147▼
Deferred charges and accrued income490/1€1,291€1,274▼
Equity and liabilities
Total equity and liabilities10/49€108,056€101,248▼
Equity10/15€65,429€76,032▲
Contributions10/11€14,511€14,511=
Reserves13€36,037€36,037=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€36,037€36,037=
Profit (loss) carried forward14€14,881€25,484▲
Amounts payable17/49€42,627€25,216▼
Amounts payable after more than one year17€18,702€3,767▼
Financial debts170/4€18,702€3,767▼
Amounts payable within one year42/48€23,540€21,049▼
Current portion of amounts payable after more than one year42€14,723€14,935▲
Trade debts44€7,425€2,675▼
Suppliers440/4€7,425€2,675▼
Taxes, remuneration and social security45€779€2,728▲
Taxes450/3€779€2,728▲
Other amounts payable47/48€613€710▲
Accrued charges and deferred income492/3€384€400▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,923€11,545▼
Other operating charges640/8€1,103€1,113▲
Gross operating margin9900€11,331€27,458▲
Operating profit (loss)9901-€1,695€14,801▲
Financial income75/76B€57€77▲
Recurring financial income75€57€77▲
Financial charges65/66B€3,136€2,975▼
Recurring financial charges65€3,136€2,975▼
Profit (loss) for the period before taxes9903-€4,774€11,903▲
Income taxes67/77€0€1,300▲
Profit (loss) for the period9904-€4,774€10,603▲
Profit (loss) for the period to be appropriated9905-€4,774€10,603▲
Appropriation of the result
Profit (loss) to be appropriated9906€14,881€25,484▲
Profit (loss) brought forward from the previous period14P€19,655€14,881▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,576€13,050€13,050€11,923€11,545▼ 3.2%
Other operating charges640/8-€2,062€972€1,103€1,113▲ 0.9%
Gross operating margin9900€26,294€19,034€14,924€11,331€27,458▲ 142%
Operating profit (loss)9901€14,226€3,922€902-€1,695€14,801▲ 973%
Financial income75/76B-€67€80€57€77▲ 35.3%
Recurring financial income75€105€67€80€57€77▲ 35.3%
Financial charges65/66B-€4,428€3,408€3,136€2,975▼ 5.1%
Recurring financial charges65€3,900€4,428€3,408€3,136€2,975▼ 5.1%
Profit (loss) for the period before taxes9903€10,431-€439-€2,426-€4,774€11,903▲ 349%
Income taxes67/77€2,804€114€0€0€1,300-
Profit (loss) for the period9904€7,628-€553-€2,426-€4,774€10,603▲ 322%
Profit (loss) for the period to be appropriated9905€7,628-€553-€2,426-€4,774€10,603▲ 322%
Line20212022202320242025Change
Assets
Total assets20/58€164,096€141,390€126,601€108,056€101,248▼ 6.3%
Fixed assets21/28€139,458€126,408€113,358€101,435€93,052▼ 8.3%
Tangible fixed assets22/27€139,458€126,408€113,358€101,435€93,052▼ 8.3%
Land and buildings22-€43,281€43,281€43,281€43,281=
Plant, machinery and equipment23-€83,127€70,077€58,154€49,771▼ 14.4%
Current assets29/58€24,637€14,982€13,242€6,621€8,196▲ 23.8%
Amounts receivable within one year40/41€13,744€2,750€6,352€2,419€5,776▲ 139%
Trade receivables40--€5,103€1,142€4,573▲ 300%
Other amounts receivable41-€2,750€1,248€1,277€1,203▼ 5.8%
Cash at bank and in hand54/58€10,060€11,522€6,063€2,911€1,147▼ 60.6%
Deferred charges and accrued income490/1-€709€828€1,291€1,274▼ 1.4%
Equity and liabilities
Total equity and liabilities10/49€164,096€141,390€126,601€108,056€101,248▼ 6.3%
Equity10/15€73,182€72,629€70,203€65,429€76,032▲ 16.2%
Contributions10/11-€12,651€12,651€14,511€14,511=
Reserves13€37,897€37,897€37,897€36,037€36,037=
Non-distributable reserves130/1-€1,860€1,860€0--
Reserves not available under the articles1311-€1,860€1,860€0--
Distributable reserves133-€36,037€36,037€36,037€36,037=
Profit (loss) carried forward14€22,634€22,081€19,655€14,881€25,484▲ 71.3%
Amounts payable17/49€90,914€68,762€56,398€42,627€25,216▼ 40.8%
Amounts payable after more than one year17€66,614€48,279€33,426€18,702€3,767▼ 79.9%
Financial debts170/4-€48,279€33,426€18,702€3,767▼ 79.9%
Amounts payable within one year42/48€23,952€20,135€22,625€23,540€21,049▼ 10.6%
Current portion of amounts payable after more than one year42-€18,335€14,854€14,723€14,935▲ 1.4%
Trade debts44€1,802€1,660€5,865€7,425€2,675▼ 64.0%
Suppliers440/4-€1,660€5,865€7,425€2,675▼ 64.0%
Taxes, remuneration and social security45-€140€1,907€779€2,728▲ 250%
Taxes450/3-€140€1,907€779€2,728▲ 250%
Other amounts payable47/48---€613€710▲ 15.9%
Accrued charges and deferred income492/3-€348€348€384€400▲ 4.0%
Line20212022202320242025Change
Profit (loss) for the period9904€7,628-€553-€2,426-€4,774€10,603▲ 322%
+ Depreciation and write-downs630€11,576€13,050€13,050€11,923€11,545▼ 3.2%
Operating cash flow (approximation)€19,203€12,497€10,624€7,149€22,147▲ 210%
Investment in fixed assets (approximation)-€0€0€0-€3,161-
Change in cash-€1,463-€5,460-€3,152-€1,764▲ 44.0%

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
27-01
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial Back to profitnet €10,603
Net result €10,603 after 3 loss-making years.
2024
02-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial Weakest financial yearnet -€4,774
Net result drops to -€4,774, the lowest in the series; recovery starts the following year.
2023
20-11
NBB filing Annual accounts filed
fiscal year 2023 · full schema
27-01
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
16-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema
29-01
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
14-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
19-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
22-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Comines-Warneton · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
233 m²
Building footprint
251 m²
Volume, LiDAR
1,304 m³
Parcel 54009D0033/00N002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gheerstraat(WAA) 40, 7784 Comines-Warneton
Raising of dairy cattle
since 19962.077.016.557
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54009D0033/00N002 Wallonia 233 m² 1 · 251 m² 7.7 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. TERRASSEMENTS CARPENTIER GRUSON 98.92%
  2. MAXATRANS

Highest known parent: TERRASSEMENTS CARPENTIER GRUSON. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 3,648 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
Founded10-06-1996
Fiscal year end30-06
Activities, NACEBEL 2025
81300Landscape service activities
77394Rental and leasing activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0458095663
Also 9925:BE0458095663
Registered 06-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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