MAXBOUD
Annual accounts 2025
micro format, filed on 16-03-2026, 45 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €45,789 on 30-09-2025in euro
in euro
Position in the sector
8.5%
Higher than 24% of 3,639 companies in 2025.
0.73
Higher than 22% of 3,503 companies in 2025.
-55.1%
Lower than 95% of 3,530 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
45,789 | 72,669 | 36,742 | 20,909 | 23,369 | 25,912 | 70,076 | 71,439 | 38,642 | 61,274 | 45,629 | 37,876 | |
21/28 |
31,617 | 40,942 | 911 | - | - | 217 | 5,387 | 10,612 | 14,700 | 24,609 | 11,377 | 17,879 | |
22/27 |
31,617 | 40,942 | 911 | - | - | 217 | 5,387 | 10,612 | 14,700 | 24,609 | 11,377 | 17,879 | |
23 |
- | - | - | - | - | 217 | 487 | 812 | - | 438 | 985 | 1,641 | |
24 |
31,617 | 40,942 | 911 | - | - | - | 4,900 | 9,800 | 14,700 | 20,028 | 1,068 | 698 | |
29/58 |
14,171 | 31,728 | 35,831 | 20,909 | 23,369 | 25,696 | 64,689 | 60,827 | 23,942 | 36,664 | 34,252 | 19,998 | |
3 |
- | - | - | - | - | - | - | - | 4,751 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | - | 4,751 | - | - | - | |
40/41 |
2,088 | 5,301 | 7,712 | 13,513 | 15,169 | 13,658 | 47,576 | 31,878 | 10,861 | 24,826 | 17,149 | 11,113 | |
40 |
795 | 4,000 | 6,620 | 11,869 | 13,357 | 11,852 | 44,315 | 30,265 | 9,369 | 16,343 | 7,655 | 9,717 | |
41 |
1,293 | 1,301 | 1,091 | 1,644 | 1,813 | 1,806 | 3,261 | 1,614 | 1,492 | 8,483 | 9,495 | 1,396 | |
54/58 |
11,672 | 25,642 | 26,669 | 5,870 | 6,669 | 10,333 | 15,409 | 27,446 | 6,814 | 10,060 | 16,078 | 8,049 | |
490/1 |
412 | 785 | 1,451 | 1,527 | 1,531 | 1,705 | 1,704 | 1,502 | 1,516 | 1,779 | 1,024 | 836 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
45,789 | 72,669 | 36,742 | 20,909 | 23,369 | 25,912 | 70,076 | 71,439 | 38,642 | 61,274 | 45,629 | 37,876 | |
10/15 |
3,908 | 29,138 | 33,376 | 18,358 | 17,186 | 18,252 | 40,180 | 37,569 | 8,709 | 19,690 | 13,252 | 3,124 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
16,860 | 16,860 | 16,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
133 |
15,000 | 15,000 | 15,000 | - | - | - | - | - | - | - | - | - | |
14 |
-19,152 | 6,078 | 10,316 | 10,298 | 9,126 | 10,192 | 32,120 | 29,509 | 649 | 11,630 | 5,192 | -3,076 | |
17/49 |
41,881 | 43,532 | 3,366 | 2,551 | 6,183 | 7,660 | 29,895 | 33,870 | 29,934 | 41,583 | 32,377 | 34,752 | |
17 |
22,450 | 28,653 | - | - | - | - | - | 899 | 10,978 | 20,647 | 13,636 | 17,863 | |
170/4 |
22,450 | 28,653 | - | - | - | - | - | 899 | 10,978 | 20,647 | 13,636 | 17,863 | |
42/48 |
19,431 | 14,879 | 3,366 | 2,551 | 6,183 | 7,660 | 29,895 | 32,972 | 18,955 | 20,893 | 18,741 | 16,889 | |
42 |
8,530 | 9,737 | 785 | 774 | 775 | 775 | 2,833 | 10,080 | 9,669 | 11,928 | 4,226 | 4,095 | |
44 |
1,204 | 1,366 | 1,391 | 1,083 | 1,969 | 245 | 17,398 | 6,404 | 2,790 | 2,459 | 2,687 | 7,099 | |
440/4 |
1,204 | 1,366 | 1,391 | 1,083 | 1,969 | 245 | 17,398 | 6,404 | 2,790 | 2,459 | 2,687 | 7,099 | |
45 |
919 | 2,396 | 750 | - | 398 | 33 | 63 | 11,884 | 212 | - | 2,277 | - | |
450/3 |
919 | 2,396 | 750 | - | 398 | 33 | 63 | 11,884 | 212 | - | 2,277 | - | |
47/48 |
8,779 | 1,380 | 440 | 694 | 3,042 | 6,607 | 9,602 | 4,604 | 6,284 | 6,506 | 9,550 | 5,695 | |
492/3 |
- | - | - | - | - | - | - | - | - | 44 | - | - | |
| Income statement | |||||||||||||
9900 |
-12,676 | 2,251 | 18,355 | 2,364 | 426 | -15,452 | 14,069 | 47,390 | 703 | 23,860 | 20,873 | 8,868 | |
62 |
- | - | - | - | - | - | 3,440 | - | - | - | - | - | |
630 |
9,324 | 3,951 | 260 | - | 217 | 5,171 | 5,225 | 5,441 | 9,909 | 11,268 | 7,534 | 11,855 | |
640/8 |
1,264 | 1,592 | 1,213 | 872 | 944 | 997 | 619 | 686 | 779 | 2,262 | 494 | 1 | |
9901 |
-23,264 | -3,293 | 16,882 | 1,493 | -735 | -21,619 | 4,786 | 41,262 | -9,985 | 10,331 | 12,845 | -2,988 | |
75/76B |
- | 40 | 31 | 28 | 3 | 113 | 1 | 18 | 0 | 463 | 340 | - | |
75 |
- | 40 | 31 | 28 | 3 | 113 | 1 | 18 | 0 | 463 | 340 | - | |
65/66B |
1,759 | 787 | 203 | 168 | 170 | 261 | 370 | 589 | 840 | 1,775 | 779 | 87 | |
65 |
1,759 | 787 | 203 | 168 | 170 | 261 | 370 | 589 | 840 | 1,775 | 779 | 87 | |
9903 |
-25,023 | -4,039 | 16,710 | 1,352 | -902 | -21,767 | 4,417 | 40,692 | -10,825 | 9,019 | 12,406 | -3,076 | |
67/77 |
207 | 199 | 1,693 | 179 | 165 | 161 | 1,805 | 11,832 | 157 | 2,580 | 2,278 | - | |
9904 |
-25,230 | -4,238 | 15,017 | 1,173 | -1,067 | -21,928 | 2,612 | 28,860 | -10,981 | 6,438 | 10,127 | -3,076 | |
9905 |
-25,230 | -4,238 | 15,017 | 1,173 | -1,067 | -21,928 | 2,612 | 28,860 | -10,981 | 6,438 | 10,127 | -3,076 | |
| Appropriation of the result | |||||||||||||
9906 |
-19,152 | 6,078 | 25,316 | 10,298 | 9,126 | 10,192 | 32,120 | 29,509 | 649 | 11,630 | 7,052 | -3,076 | |
14P |
6,078 | 10,316 | 10,298 | 9,126 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 15,000 | - | - | - | - | - | - | - | 1,860 | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | - | |
6921 |
- | - | 15,000 | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 4 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 16-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 16-03-2026 | 2026-00054833 | |
| 30-09-2024 | micro format | 27-02-2025 | 2025-00040266 | |
| 30-09-2023 | micro format | 01-03-2024 | 2024-00042155 | |
| 30-09-2022 | micro format | 28-02-2023 | 2023-00034386 | |
| 30-09-2021 | micro format | 24-02-2022 | 2022-06400174 | |
| 30-09-2020 | micro format | 23-02-2021 | 2021-06000596 | |
| 30-09-2019 | micro format | 17-03-2020 | 2020-07000102 | |
| 30-09-2018 | micro format | 12-03-2019 | 2019-06900255 | |
| 30-09-2017 | micro format | 20-03-2018 | 2018-07500297 | |
| 30-09-2016 | full format | 21-03-2017 | 2017-06800399 | |
| 30-09-2015 | full format | 24-03-2016 | 2016-07300464 | |
| 30-09-2014 | full format | 14-04-2015 | 2015-09800430 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -13,940 | 659 | 17,142 | - | -518 | -16,449 | 10,011 | 46,704 | -76 | 21,598 | 20,379 | 8,867 | ||
| -15,906 | -287 | 15,277 | - | -850 | -16,758 | 7,837 | 34,301 | -1,072 | 17,706 | 17,661 | 8,779 | ||
| 0 | 43,982 | 1,170 | - | 0 | 0 | 0 | 1,353 | 0 | 24,500 | 1,032 | 29,733 | ||
| -13,970 | -1,027 | 20,799 | -799 | -3,664 | -5,076 | -12,038 | 20,632 | -3,246 | -6,018 | 8,029 | - | ||
| -5,260 | 16,849 | 32,465 | 18,358 | 17,186 | 18,036 | 34,793 | 27,855 | 4,987 | 15,772 | 15,511 | 3,109 | ||
| 8.5% | 40.1% | 90.8% | 87.8% | 73.5% | 70.4% | 57.3% | 52.6% | 22.5% | 32.1% | 29.0% | 8.2% | ||
| 0.73 | 2.13 | 10.64 | 8.20 | 3.78 | 3.35 | 2.16 | 1.84 | 1.26 | 1.75 | 1.83 | 1.18 | ||
| 0.73 | 2.13 | 10.64 | 8.20 | 3.78 | 3.35 | 2.16 | 1.84 | 1.01 | 1.75 | 1.83 | 1.18 | ||
| 10.72 | 1.49 | 0.10 | 0.14 | 0.36 | 0.42 | 0.74 | 0.90 | 3.44 | 2.11 | 2.44 | 11.12 | ||
| -645.7% | -14.5% | 45.0% | 6.4% | -6.2% | -120.1% | 6.5% | 76.8% | -126.1% | 32.7% | 76.4% | -98.4% | ||
| -55.1% | -5.8% | 40.9% | 5.6% | -4.6% | -84.6% | 3.7% | 40.4% | -28.4% | 10.5% | 22.2% | -8.1% | ||
| -7.93 | 0.84 | 84.56 | - | - | - | - | - | - | - | - | - |
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 | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €43,982 | €1,170 | - |
| €9,324 | €3,951 | €260 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on MAXBOUD
The operating result for 2025 is a loss of €23,264, larger than the loss of €3,293 in 2024. It is the lowest result since 2014.
Debt's share of the balance-sheet total rises from 59.9% to 91.5%. Equity and debt are lower.