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MAXCONSTRUCT

Active Private limited companyfounded 2012active for 14 yearsKalkhoevestraat 30, 8790 WaregemKBO/BCE: BE 0500.579.485
MAXCONSTRUCT
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 10-07-2026, 21 days before the deadline
-€261,238
▲ €69,850
-€301,705
▲ €154,696
-€437,948
▲ €133,362
-€2.2m
▼ €412,093
-191.1%
▼ 67.8 percentage points
0.35
▼ 0.10

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €1.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

-191.1%

Lower than 95% of 12,423 companies in 2025.

0.35

Higher than 23% of 11,950 companies in 2025.

-36.5%

Lower than 95% of 12,326 companies in 2025.

MAXCONSTRUCT Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 1.2m1.5m2.4m1.2m1.0m484,154745,3381.0m214,39485,189102,635104,994124,387
21/28 5,7198,26722,67432,57530,25712,56422,01033,10718,60515,65625,04325,05316,201
21 2,8545,0757,2969,517---------
22/27 2,2652,59214,77822,45730,15712,46421,91033,00716,33913,39122,77722,78713,936
22 2,1522,4023,5456,0598,59511,17817,75325,4188,6508,0059,0573,690-
23 -0432604766932,0773,7633,7884,16712,61117,60413,936
24 11318911,19016,13821,0865932,0813,8253,9011,2181,1091,494-
28 6006006006001001001001002,2652,2652,2652,2652,265
29/58 1.2m1.5m2.3m1.2m973,501471,591723,328984,591195,78969,53377,59379,941108,186
3 1.1m1.1m2.2m1.2m793,161151,16724,300493,812147,80819,96234,94223,02465,828
30/36 1.1m1.1m2.2m1.2m793,161151,16724,300493,81297,30819,96234,94223,02465,828
37 --------50,500----
40/41 102,11515,314114,23748,77928,24442,2209,04845,61047,59538,7342,69924,07516,612
40 88,76912,77483,26117,480011,635-27,94840,13010,60091211,4852,064
41 13,3462,54030,97631,29928,24430,5859,04817,6627,46528,1341,78712,59014,548
54/58 26,372368,46544,207189152,097278,203689,980445,16938710,83739,36532,24825,155
490/1 -014,14113,737------587595591
Balance sheet: equity and liabilities
10/49 1.2m1.5m2.4m1.2m1.0m484,154745,3381.0m214,39485,189102,635104,994124,387
10/15 -2.3m-1.9m-1.3m-790,694-309,266-79,17784,60643,82428,46627,71027,23927,1249,547
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,6006,200
100 ------18,60018,60018,60018,60018,60018,60018,600
101 ------------12,400
13 9,1109,1109,1109,1109,1109,1109,1109,1109,1108,6398,5243,3471,860
130/1 --01,8601,8601,860-------
130 ------1,8601,8601,8601,8601,8601,8601,860
1311 --01,8601,8601,860-------
133 9,1109,1109,1107,2507,2507,2507,2507,2507,2506,7796,6641,487-
14 -2.3m-1.9m-1.3m-818,403-336,976-106,88656,89716,1147574711155,1771,487
17/49 3.5m3.4m3.7m2.0m1.3m563,331660,732973,874185,92857,48075,39677,870114,840
17 -02,1258,44814,691--------
170/4 -02,1258,44814,691--------
42/48 3.4m3.3m3.7m2.0m1.3m563,059660,732973,874185,92857,48075,39677,737113,640
42 02,1256,3226,2446,166--------
43 -------385,050-----
430/8 -------385,050-----
44 10,68523,42729,50622,70324,76377,323248,75879,57035,0446,34524,36022,25048,519
440/4 10,68523,42729,50622,70324,76377,323248,75879,57035,0446,34524,36022,25048,519
46 -0859,550362,316---232,903-----
45 08,79319,55712,029018,80418,8048,1245192298765,3272,305
450/3 08,793--018,80418,8048,1245192298763,3202,305
454/9 -019,55712,029-------2,007-
47/48 3.4m3.2m2.7m1.6m1.3m466,932393,170268,227150,36550,90650,16050,16062,816
492/3 125,420102,1136930272272-----1331,200
Income statement
76A 14,000--05,900----11,550---
9900 -261,238-331,088-314,691-387,309-220,785-158,65770,12133,5978,4145,75326,81723,51814,487
62 37,582116,610181,93988,209175200----20,76211,211-
630 2,5483,5079,9009,2886,5419,44711,16617,8327,2564,7398,0437,0217,663
631/4 -----------1,568--
640/8 3385,1951,1281,8301,7661,8281,4491,6041,2021,4231,5171,1231,305
66A ---02,0000-------
9901 -301,705-456,400-507,658-486,636-231,267-170,13257,50514,161-45-410-1,9374,1635,519
75/76B 0212,1226,35288405,95710,3901,2601,4602,7844,9042,602
75 0212,1226,35288405,95710,3901,2601,4602,7844,9042,602
65/66B 135,974114,4892931,143-293-6,3493,8776,7311593602079222,797
65 135,974114,4892931,143-293-6,3493,8776,7311593602079222,797
9903 -437,679-570,887-495,829-481,427-230,090-163,78359,58617,8201,0566906408,1465,324
67/77 269422227--018,8042,4632992195252,9681,978
9904 -437,948-571,309-496,055-481,427-230,090-163,78340,78215,3587574711155,1773,347
9905 -437,948-571,309-496,055-481,427-230,090-163,78340,78215,3587574711155,1773,347
Appropriation of the result
9906 -2.3m-1.9m-1.3m-818,403-336,976-106,88656,89716,1141,2275855,2926,6643,347
14P -1.9m-1.3m-818,403-336,976-106,886--------
691/2 --------4711155,1771,4871,860
6920 ------------1,860
6921 --------4711155,1771,487-
Social balance sheet
9087 000----------
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The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 10-07-2026 2026-00301729 PDF
31-12-2024 abbreviated format 11-06-2025 2025-00136050 PDF
31-12-2023 abbreviated format 04-06-2024 2024-00111437 PDF
31-12-2022 abbreviated format 27-06-2023 2023-00163302 PDF
31-12-2021 abbreviated format 19-07-2022 2022-20219496 PDF
31-12-2020 abbreviated format 15-07-2021 2021-35800295 PDF
31-12-2019 abbreviated format 07-07-2020 2020-29300326 PDF
31-12-2018 abbreviated format 21-08-2019 2019-48300441 PDF
31-12-2017 micro format 28-06-2018 2018-26700432 PDF
31-12-2016 abbreviated format 27-06-2017 2017-23800442 PDF
31-12-2015 abbreviated format 22-06-2016 2016-20700567 PDF
31-12-2014 abbreviated format 23-07-2015 2015-34800507 PDF
31-12-2013 abbreviated format 19-08-2014 2014-45200434 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €733 awarded, €682 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€733

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
-299,157-452,893-497,758-477,349-224,726-160,68568,67231,9937,2114,3306,10511,18413,182
-435,400-567,802-486,155-472,139-223,549-154,33651,94933,1908,0135,2108,15812,19911,010
0-10,900011,60524,23507034,59910,2051,3038,03315,87320,846
-342,093324,25844,018-151,908-126,106-411,777244,811444,782-10,450-28,5287,1177,092-
-2.2m-1.8m-1.3m-814,820-324,560-91,46862,59610,7179,86112,0542,1962,205-5,454
-191.1%-123.3%-54.4%-63.5%-30.8%-16.4%11.4%4.3%13.3%32.5%26.5%25.8%7.7%
0.350.460.640.600.750.841.091.011.051.211.031.030.95
0.040.120.050.030.140.571.060.500.260.860.570.730.37
------7.8122.226.532.072.772.8712.03
------48.2%35.0%2.7%1.7%0.4%19.1%35.1%
-36.5%-37.9%-21.0%-38.6%-22.9%-33.8%5.5%1.5%0.4%0.6%0.1%4.9%2.7%
-2.20-3.96-1699.47-417.67over 100--------

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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
Item20252024202320222021
Tangible fixed assets----€24,235
Intangible fixed assets---€11,105-
Financial fixed assets€0--€500-
€2,548€3,507€9,900€9,288€6,541

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MAXCONSTRUCT

The operating result for 2025 is a loss of €301,705, smaller than the loss of €456,400 in 2024.

Equity is negative. Debt (€3.5m) exceeds the balance-sheet total (€1.2m).

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