Debts
€36,166 71% of the balance sheet
Suppliers 41%Taxes and wages 59%
MAXBUILDING
Lifetime
2 annual accounts with figures on one time axispeak €297,133 (2025)
€297,133▲ 31.9%
peak €6,524 (2025)
€6,524▲ 2.5%
peak €14,887 (2025)
€14,887▲ 78.0%
€36,166▲ 166%
Board2 names since 2023
2 directorsFRUNZA Ilie and 1 other
Documentsfilings and deeds
06-05-20266 days late
2025micro format
Turnover from €225,277 to €297,133Gross margin from €14,017 to €10,514Equity from €8,363 to €14,887Debts from €13,620 to €36,166Investments €4,103
Key points
from the 2025 annual accountsInvestments
€4,103 2.9 × depreciation
Green is investment, beige is depreciation.
Payment terms
19 days to suppliers
MAXBUILDING pays its suppliers 11 days later than in 2024. Customers pay 27 days later.
2025 accounts filed 6 days after the deadline
Checked score
52
Fair
Financially stronger than 50% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.8%
01-2025: 4.2%▲ +0.4 percentage points vs 12-2024
02-2025: 4.2%● unchanged vs 01-2025
03-2025: 4.6%▲ +0.4 percentage points vs 02-2025
04-2025: 5.0%▲ +0.4 percentage points vs 03-2025highest value
05-2025: 1.5%▼ -3.5 percentage points vs 04-2025
06-2025: 1.4%▼ -0.1 percentage points vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025lowest value
08-2025: 1.5%▲ +0.1 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.6%▲ +0.1 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.7%▲ +0.1 percentage points vs 11-2025
01-2026: 1.8%▲ +0.1 percentage points vs 12-2025
02-2026: 1.9%▲ +0.1 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 2.0%▲ +0.1 percentage points vs 03-2026
05-2026: 2.6%▲ +0.6 percentage points vs 04-2026
06-2026: 2.7%▲ +0.1 percentage points vs 05-2026
07-2026: 2.7%● unchanged vs 06-2026
08-2026: 2.7%● unchanged vs 07-2026
09-2026: 2.7%● unchanged vs 08-2026
10-2026: 2.7%● unchanged vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Size: turnover €297,133, total assets €51,053
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 1.32, cash €13,893
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 41, micro). It does better than 36% of them on solvency, 45% on liquidity, 38% on profitability and 79% on growth.
The bankruptcy probability was computed on 07-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 7,976 companies had the same profile as MAXBUILDING has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAXBUILDING itself: 2.7% within 12 months.
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 7,976 companies, not a prediction for MAXBUILDING. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.32 (1.58 in 2024), below the usual 1.5. Short-term debt is 70.8% and cash 27.2% of total assets. 70.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 6 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-05-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
6 days late
2024
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 3 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Board and ownership
- FRUNZA Ilie founderdeed of 19-09-2023
- FRUNZA Maksym founderdeed of 19-09-2023
Recent changes
Incorporation
Founding capital of €2,000 · Founders: FRUNZA Ilie and FRUNZA Maksym · Appointments: FRUNZA Ilie (director) and FRUNZA Maksym (director) · published on 19-09-2023 · Gazette deed
First establishment
Notelarenlaan 20, Sint-Pieters-Leeuw
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAXBUILDING Sint-Pieters-Leeuw | €297,133 | 2.9% | 29.2% | - |
| SV IMMO INVEST Sint-Pieters-Leeuw | €12,676 | 8.3% | 27.9% | - |
| M Finition Overijse | - | - | 59.3% | - |
| JAGAS Kortenberg | - | - | -5.0% | - |
| CASA RENOVA Ternat | - | - | 54.0% | - |
| NAZAR GROUP Zaventem | €524,470 | 1.8% | 29.9% | - |
| MP GROUPE Dilbeek | - | - | 46.0% | - |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MAXBUILDING: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €41,100 and €59,400, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 15-09-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.350.655.6361600 Sint-Pieters-Leeuw, since 15-09-2023
- Financial year end
- 30 September
- Peppol
- Reachable
Insights on MAXBUILDING
Solvency fell in 2025 from 38.0% to 29.2% because of higher debts to suppliers.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAXBUILDING
- What is the company number of MAXBUILDING?
- The company number of MAXBUILDING is 0805.915.095. The VAT number is the same number with BE in front: BE 0805.915.095.
- Where is MAXBUILDING based?
- The registered office is at Notelarenlaan 20, 1600 Sint-Pieters-Leeuw.Company details
- What does MAXBUILDING do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MAXBUILDING?
- MAXBUILDING is a private limited company (BV).
- When was MAXBUILDING founded?
- MAXBUILDING was founded on 15-09-2023.
- Is MAXBUILDING still active?
- Yes, MAXBUILDING is an active enterprise in the KBO register.
- What is the turnover of MAXBUILDING?
- The turnover of MAXBUILDING was €297,133 in financial year 2025, according to the filed annual accounts.Financials
- Is MAXBUILDING profitable?
- In financial year 2025, MAXBUILDING made a profit of €6,524.
- Where can I find the annual accounts of MAXBUILDING?
- MAXBUILDING filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAXBUILDING due?
- MAXBUILDING must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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