MAXBOUW
ActiveSummary
MAXBOUW has been active since 1928 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,166) and a net result of -€17,058. Equity is shrinking by about 47% per year across the filed financial years. Its solvency ranks better than 5% of 9,348 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
- Equity
- -€18,166
- Loss
- -€17,058
Why 53raises riskCapped at 59: negative equityNegative equity -€18,166Loss of €17,058, the second in a row (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €6,998Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 3% on solvency, 51% on liquidity, 5% on profitability and 1% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €17,015 in 2025 against €3,989 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,619 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.5% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,619 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | - | - | €96,010 | - | - |
| Turnover70 | - | - | - | - | - | - | €96,010 | - | - |
| Operating charges60/66A | - | - | - | - | - | - | €99,999 | - | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | - | - | €33,660 | - | - |
| Purchases600/8 | - | - | - | - | - | - | €33,660 | - | - |
| Services and other goods61 | - | - | - | - | - | - | €54,877 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €832 | €2,593 | €1,944 | €2,782 | €12,252 | €12,252 | €10,366 | €9,677 | ▼ 6.6% |
| Other operating charges640/8 | - | - | - | €1,126 | €628 | €615 | €1,096 | €1,187 | ▲ 8.3% |
| Gross operating margin9900 | -€21,806 | -€12,979 | €6,579 | €10,949 | €6,795 | €2,779 | - | -€6,150 | - |
| Operating profit (loss)9901 | -€23,751 | -€16,181 | €3,548 | €7,041 | -€6,085 | -€10,088 | -€3,989 | -€17,015 | ▼ 327% |
| Financial income75/76B | - | - | - | €277 | - | €2,000 | €65 | €2 | ▼ 96.2% |
| Recurring financial income75 | €135 | €220 | €152 | €277 | - | €2,000 | €65 | €2 | ▼ 96.2% |
| Other financial income752/9 | - | - | - | - | - | - | €65 | - | - |
| Non-recurring financial income76B | - | - | - | - | - | €2,000 | - | - | - |
| Financial charges65/66B | - | - | - | €223 | €696 | €327 | €252 | €46 | ▼ 81.9% |
| Recurring financial charges65 | €25 | €285 | €161 | €223 | €696 | €327 | €252 | €46 | ▼ 81.9% |
| Debt charges650 | - | - | - | - | - | - | €252 | - | - |
| Profit (loss) for the period before taxes9903 | -€23,641 | -€15,254 | €3,539 | €7,095 | -€6,781 | -€8,415 | -€4,176 | -€17,058 | ▼ 308% |
| Profit (loss) for the period9904 | -€23,641 | -€15,254 | €3,539 | €7,095 | -€6,781 | -€8,415 | -€4,176 | -€17,058 | ▼ 308% |
| Profit (loss) for the period to be appropriated9905 | -€23,641 | -€15,254 | €3,539 | €7,095 | -€6,781 | -€8,415 | -€4,176 | -€17,058 | ▼ 308% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €51,430 | €38,809 | €46,237 | €59,505 | €44,083 | €29,363 | €17,689 | €6,998 | ▼ 60.4% |
| Fixed assets21/28 | €1,353 | €7,560 | €5,616 | €44,883 | €32,631 | €20,379 | €10,013 | €336 | ▼ 96.6% |
| Tangible fixed assets22/27 | €1,017 | €7,224 | €5,280 | €44,547 | €32,295 | €20,043 | €9,677 | - | - |
| Furniture and vehicles24 | - | - | - | €44,547 | €32,295 | €20,043 | €9,677 | - | - |
| Financial fixed assets28 | €336 | €336 | €336 | €336 | €336 | €336 | €336 | €336 | = |
| Other financial fixed assets284/8 | - | - | - | - | - | - | €336 | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | - | - | - | €336 | - | - |
| Current assets29/58 | €50,077 | €31,249 | €40,621 | €14,622 | €11,452 | €8,984 | €7,676 | €6,662 | ▼ 13.2% |
| Amounts receivable within one year40/41 | €10,218 | €6,060 | €2,716 | €9,527 | €578 | - | €1,151 | - | - |
| Trade receivables40 | - | - | - | €9,527 | - | - | €1,151 | - | - |
| Other amounts receivable41 | - | - | - | - | €578 | - | - | - | - |
| Cash at bank and in hand54/58 | €39,859 | €24,218 | €36,926 | €3,285 | €9,081 | €8,869 | €6,284 | €4,473 | ▼ 28.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,810 | €1,793 | €115 | €242 | €2,189 | ▲ 805% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €51,430 | €38,809 | €46,237 | €59,505 | €44,083 | €29,363 | €17,689 | €6,998 | ▼ 60.4% |
| Equity10/15 | €39,839 | €24,585 | €11,169 | €18,264 | €11,483 | €3,068 | -€1,108 | -€18,166 | ▼ 1,539% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €6,200 | - | - |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | - | - | - |
| Reserves13 | €18,815 | €18,815 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €14,824 | -€430 | €3,109 | €10,204 | €3,423 | -€4,992 | -€9,168 | -€26,226 | ▼ 186% |
| Amounts payable17/49 | €11,591 | €14,224 | €35,068 | €41,241 | €32,600 | €26,295 | €18,797 | €25,164 | ▲ 33.9% |
| Amounts payable after more than one year17 | - | - | - | €24,599 | €19,725 | €14,715 | - | - | - |
| Financial debts170/4 | - | - | - | €24,599 | €19,725 | €14,715 | - | - | - |
| Amounts payable within one year42/48 | €11,591 | €14,224 | €35,068 | €16,642 | €12,875 | €11,580 | €18,797 | €22,304 | ▲ 18.7% |
| Trade debts44 | €1,063 | €501 | €1,002 | €550 | €952 | €40 | €386 | €2,135 | ▲ 453% |
| Suppliers440/4 | - | - | - | €550 | €952 | €40 | €386 | €2,135 | ▲ 453% |
| Taxes, remuneration and social security45 | - | - | - | €14,015 | €5,981 | €5,766 | €52 | €1,717 | ▲ 33× |
| Taxes450/3 | - | - | - | €55 | €75 | €682 | €52 | €29 | ▼ 43.5% |
| Remuneration and social security454/9 | - | - | - | €13,960 | €5,906 | €5,084 | - | €1,688 | - |
| Other amounts payable47/48 | - | - | - | €2,077 | €5,942 | €5,774 | €18,359 | €18,451 | ▲ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €2,860 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€23,641 | -€15,254 | €3,539 | €7,095 | -€6,781 | -€8,415 | -€4,176 | -€17,058 | ▼ 308% |
| + Depreciation and write-downs630 | €832 | €2,593 | €1,944 | €2,782 | €12,252 | €12,252 | €10,366 | €9,677 | ▼ 6.6% |
| Operating cash flow (approximation) | -€22,809 | -€12,661 | €5,483 | €9,877 | €5,471 | €3,837 | €6,190 | -€7,381 | - |
| Investment in fixed assets (approximation) | - | -€8,800 | €0 | -€42,049 | €0 | €0 | €0 | €0 | ▼ 100% |
| Change in cash | - | -€15,641 | €12,708 | -€33,641 | €5,796 | -€212 | -€2,585 | -€1,811 | ▲ 30.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00320330 |
| 31-12-2024 | full format | 22-08-2025 | 2025-00391273 |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00236707 |
| 31-12-2022 | micro format | 13-07-2023 | 2023-00237746 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20387701 |
| 31-12-2020 | micro format | 02-07-2021 | 2021-30500018 |
| 31-12-2019 | micro format | 21-08-2020 | 2020-43100266 |
| 31-12-2018 | micro format | 06-08-2019 | 2019-44300114 |
| 31-12-2017 | micro format | 29-06-2018 | 2018-26300069 |
| 31-12-2016 | micro format | 14-07-2017 | 2017-31700284 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| KUDLICKI Marek |
|
Owners and capital
Capital and shareholders
- 03-06-2024 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-06
Gazette deed
Appointment: KUDLICKI Marek (director)Amendment of the articles · Capital conversion · Power of attorney7 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Power of attorney, Karl Van Looy
- Other provision, “nieuwe terminologie WVV, term zaakvoerder van besloten vennootschap vervangen door bestuurder” (deed in Dutch)
- Director appointment, KUDLICKI Marek (director (not named in the articles))
- Registered office clause, “2660 Antwerpen(Hoboken),Aartselaarstraat 246/A” (deed in Dutch)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0895.536.167
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11019B0212/00L006 | Flanders | 210 m² | 1 · 161 m² | 10.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het optrekken van de ruwbouw van individuele huizen, gebouwen met celstructuur, appartementsgebouwen, kantoorgebouwen, gebouwen voor…” (deed in Dutch)
22 activities (deed in Dutch)
- Het optrekken van de ruwbouw van individuele huizen, gebouwen met celstructuur, appartementsgebouwen, kantoorgebouwen, gebouwen voor industrieel of commercieel gebruik, stel- en stapelplaatsen, scholen, ziekenhuizen, gebouwen voor de beoefening van erediensten, cultuur, sport en recreatie
- Aannemer algemene bouwwerken
- Aannemer sloopwerken; het slopen van gebouwen en andere bouwwerken
- De bouw van daken; het plaatsen van dakbedekking van ongeacht welk materiaal; aannemer zinkwerken en zowel metalen als niet metalen dakbedekkingen van gebouwen
- Aannemer voor het waterdicht maken van bouwwerken
- De installatie van elektrische bedrading en toebehoren, elektrische verwarmingsinstallaties
- Installatie van verwarming, klimaatregeling en ventilatie
- Elektrotechnisch installateur
- Installateur - frigorist
- Installateur centrale verwarming
- Installateur van verwarming met gas met individuele toestellen
- Sanitair installateur - loodgieter
- Overig loodgieterwerk
- Aannemer plafonneerder - cementwerker; metsel- en betonwerken; tegelzetter
- Het aanbrengen van pleister- en stukadoorswerk — inclusief het aanbrengen van een hechtgrond — aan de binnen- of buitenzijde van gebouwen en andere bouwwerken
- Het plaatsen van vloer- en wandtegels; het plaatsen van vloerbedekking van hout of andere materialen
- Behanger, plaatser van wand- en vloerbekleding
- Aannemer schrijnwerker - timmerman
- Het vervaardigen van schrijn- en timmerwerk
- De montage van buiten- en binnenschrijnwerk van hout, kunststof of metaal: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens en winkelinrichtingen
- De groothandel in meubels en niet elektrische huishoudapparaten
- De groothandel in bouwmaterialen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MAXBOUW
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Alle machten om op authentieke wijze de statutenwijziging te doen vaststellen, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, vergoeding voor inbrengen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of June at 19:00