MAXAV
ActiveFinancials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 31-08-2024 PDF all 12 filings
Turnover
€119,629
EBIT margin
-41.0%
Net result
€8,983▼ 67.1%
2023 · €27,334
Working capital
€52,898▼ 20.4%
2023 · €66,464
Multi-year overview
2019 to 2024, 3 financial yearsTurnover
no figure
2024
20192024
Operating result
€12,029
▼ 56.1%
2024
20192024
Net result
€8,983
▼ 67.1%
2024
middle half of the sector
20192024
EBIT margin
no figure
2024
20192024
Equity
€6,297
2024
middle half of the sector
20192024
Total assets
€83,607
▲ 4.3%
2024
middle half of the sector
20192024
Debt
€77,310
▼ 6.7%
2024
20192024
Working capital
€52,898
▼ 20.4%
2024
highest quarter of the sector
20192024
Solvency
7.5%
▲ 10.9pp
2024
middle half of the sector
20192024
Current ratio
2.72
▼ 3.13
2024
highest quarter of the sector
20192024
Return on assets (ROA)
10.7%
▼ 23.4pp
2024
middle half of the sector
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920232024
Turnover€119,629-
Operating result-€49,041-€27,378-€12,029▼ 56.1%
Net result-€51,348-€27,334above the sector's middle half-€8,983within the sector's middle half▼ 67.1%
EBIT margin-41.0%-
Equity-€63,993--€2,686within the sector's middle half-€6,297within the sector's middle half
Total assets€59,163-€80,162within the sector's middle half-€83,607within the sector's middle half▲ 4.3%
Debt€123,155-€82,848-€77,310▼ 6.7%
Working capital-€66,785-€66,464above the sector's middle half-€52,898above the sector's middle half▼ 20.4%
Solvency-108.2%--3.4%within the sector's middle half-7.5%within the sector's middle half▲ 10.9pp
Current ratio0.46-5.85above the sector's middle half-2.72above the sector's middle half▼ 3.13
Return on assets (ROA)-86.8%-34.1%above the sector's middle half-10.7%within the sector's middle half▼ 23.4pp
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 56% lower than in 2023.
Balance-sheet composition
Equity and liabilities €83,607
Equity
€6,297
Debt
€77,310
Debt's share of the balance-sheet total is 92.5%.
Key figures and ratios
Debt to equity
12.28
ROE
142.7%
Debt ≤ 1 year
€30,709▲
2023 · €13,698
Debt > 1 year
€37,351▼
2023 · €60,000
Income taxes
€3,001
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €119,629 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,633 | - | - | - |
| Other operating charges640/8 | - | €353 | €462 | ▲ 31.0% |
| Gross operating margin9900 | €4,443 | €27,731 | €12,491 | ▼ 55.0% |
| Operating profit (loss)9901 | -€49,041 | €27,378 | €12,029 | ▼ 56.1% |
| Recurring financial income75 | €365 | - | - | - |
| Financial charges65/66B | - | €45 | €45 | = |
| Recurring financial charges65 | €1,513 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€50,189 | €27,334 | €11,984 | ▼ 56.2% |
| Income taxes67/77 | €1,159 | - | €3,001 | - |
| Profit (loss) for the period9904 | -€51,348 | €27,334 | €8,983 | ▼ 67.1% |
| Profit (loss) for the period to be appropriated9905 | -€51,348 | €27,334 | €8,983 | ▼ 67.1% |
| Line | 2019 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €59,163 | €80,162 | €83,607 | ▲ 4.3% |
| Fixed assets21/28 | €2,793 | - | - | - |
| Tangible fixed assets22/27 | €2,093 | - | - | - |
| Financial fixed assets28 | €700 | - | - | - |
| Current assets29/58 | €56,370 | €80,162 | €83,607 | ▲ 4.3% |
| Amounts receivable within one year40/41 | €31,169 | €79,737 | €83,057 | ▲ 4.2% |
| Trade receivables40 | - | €39,697 | €44,197 | ▲ 11.3% |
| Other amounts receivable41 | - | €40,040 | €38,860 | ▼ 2.9% |
| Cash at bank and in hand54/58 | €2,701 | €2 | €127 | ▲ 54× |
| Deferred charges and accrued income490/1 | - | €422 | €422 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €59,163 | €80,162 | €83,607 | ▲ 4.3% |
| Equity10/15 | -€63,993 | -€2,686 | €6,297 | - |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | €20,000 | €20,000 | = |
| Issued capital100 | - | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€83,993 | -€22,686 | -€13,703 | ▲ 39.6% |
| Amounts payable17/49 | €123,155 | €82,848 | €77,310 | ▼ 6.7% |
| Amounts payable after more than one year17 | - | €60,000 | €37,351 | ▼ 37.7% |
| Other amounts payable178/9 | - | €60,000 | €37,351 | ▼ 37.7% |
| Amounts payable within one year42/48 | €123,155 | €13,698 | €30,709 | ▲ 124% |
| Trade debts44 | €17,608 | €10,067 | €24,077 | ▲ 139% |
| Suppliers440/4 | - | €10,067 | €24,077 | ▲ 139% |
| Advances received on contracts in progress46 | - | €600 | €600 | = |
| Taxes, remuneration and social security45 | - | - | €3,001 | - |
| Taxes450/3 | - | - | €3,001 | - |
| Other amounts payable47/48 | - | €3,031 | €3,031 | = |
| Accrued charges and deferred income492/3 | - | €9,150 | €9,250 | ▲ 1.1% |
| Line | 2019 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€51,348 | €27,334 | €8,983 | ▼ 67.1% |
| + Depreciation and write-downs630 | €1,633 | - | - | - |
| Operating cash flow (approximation) | -€49,715 | €27,334 | €8,983 | ▼ 67.1% |
| Change in cash | - | - | €125 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | micro format | 31-08-2024 | 2024-00421188 | |
| 30-06-2023 | micro format | 10-10-2023 | 2023-00482355 | |
| 30-06-2019 | micro format | 30-09-2019 | 2019-66600259 | |
| 30-06-2018 | micro format | 30-09-2018 | 2018-67700217 | |
| 30-06-2017 | full format | 31-08-2017 | 2017-57100188 | |
| 30-06-2016 | full format | 06-08-2016 | 2016-41000401 | |
| 30-06-2015 | full format | 27-08-2015 | 2015-48500086 | |
| 30-06-2014 | full format | 31-10-2014 | 2014-66600104 | |
| 30-06-2013 | full format | 26-09-2013 | 2013-59700533 | |
| 30-06-2012 | full format | 17-12-2012 | 2012-66700215 |