MAXFACE
ActiveSummary
The computed 12-month bankruptcy probability of MAXFACE is 3.8% (moderate). The 2025 annual accounts show equity of €260,907 and a net result of €156,910. Equity is growing by ~118.3% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record82
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days only on tighter terms
Liquidity ample (current ratio 5.93 against 4.6 in 2024; short-term debt: 16.3% and cash: 72.2% of total assets), and 16.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83.7%
Return on assets
50.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
18 d late
2024
15 d early
2023
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 6 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€260,907▲ 151%
2024 · €103,997
Total assets
€311,849▲ 138%
2024 · €131,175
Net result
€156,910▲ 76.2%
2024 · €89,062
Working capital
€251,149▲ 157%
2024 · €97,801
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€14,554-€114,099▲ 684%€204,530▲ 79.3%
Net result€11,435-€89,062▲ 679%€156,910▲ 76.2%
Equity€14,935-€103,997▲ 596%€260,907▲ 151%
Total assets€18,156-€131,175▲ 622%€311,849▲ 138%
Debt€3,221-€27,178▲ 744%€50,943▲ 87.4%
Working capital€14,935-€97,801▲ 555%€251,149▲ 157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €311,849
Fixed assets
€9,758 ▲ 57.5%
Current assets
€302,092 ▲ 142%
Equity and liabilities €311,849
Equity
€260,907 ▲ 151%
Debt
€50,943 ▲ 87.4%
Debt's share of the balance-sheet total falls from 20.7% to 16.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€206,130▲
2024 · €114,195
Cash flow
€158,510▲
2024 · €89,158
Current ratio
5.93▲
2024 · 4.60
Debt to equity
0.20▼
2024 · 0.26
ROE
60.1%▼
2024 · 85.6%
ROA
50.3%▼
2024 · 67.9%
Interest coverage
476.11▲
2024 · 127.66
Debt ≤ 1 year
€50,943▲
2024 · €27,178
Income taxes
€47,402▲
2024 · €24,565
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,752 | €96 | €1,600 | ▲ 1,562% |
| Other operating charges640/8 | €543 | €615 | €1,453 | ▲ 136% |
| Gross operating margin9900 | €16,849 | €114,810 | €207,583 | ▲ 80.8% |
| Operating profit (loss)9901 | €14,554 | €114,099 | €204,530 | ▲ 79.3% |
| Financial income75/76B | €154 | €422 | €215 | ▼ 49.0% |
| Recurring financial income75 | €154 | €422 | €215 | ▼ 49.0% |
| Financial charges65/66B | €52 | €895 | €433 | ▼ 51.6% |
| Recurring financial charges65 | €52 | €895 | €433 | ▼ 51.6% |
| Profit (loss) for the period before taxes9903 | €14,656 | €113,626 | €204,312 | ▲ 79.8% |
| Income taxes67/77 | €3,221 | €24,565 | €47,402 | ▲ 93.0% |
| Profit (loss) for the period9904 | €11,435 | €89,062 | €156,910 | ▲ 76.2% |
| Profit (loss) for the period to be appropriated9905 | €11,435 | €89,062 | €156,910 | ▲ 76.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €18,156 | €131,175 | €311,849 | ▲ 138% |
| Fixed assets21/28 | - | €6,196 | €9,758 | ▲ 57.5% |
| Tangible fixed assets22/27 | - | €6,196 | €9,758 | ▲ 57.5% |
| Furniture and vehicles24 | - | - | €4,191 | - |
| Other tangible fixed assets26 | - | €6,196 | €5,567 | ▼ 10.2% |
| Current assets29/58 | €18,156 | €124,979 | €302,092 | ▲ 142% |
| Amounts receivable within one year40/41 | €8,662 | €5,136 | €3,804 | ▼ 25.9% |
| Trade receivables40 | - | - | €1,000 | - |
| Other amounts receivable41 | €8,662 | €5,136 | €2,804 | ▼ 45.4% |
| Cash at bank and in hand54/58 | €7,525 | €72,233 | €225,259 | ▲ 212% |
| Deferred charges and accrued income490/1 | €1,969 | €47,610 | €73,029 | ▲ 53.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €18,156 | €131,175 | €311,849 | ▲ 138% |
| Equity10/15 | €14,935 | €103,997 | €260,907 | ▲ 151% |
| Contributions10/11 | €3,500 | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | €11,435 | €100,497 | €257,407 | ▲ 156% |
| Amounts payable17/49 | €3,221 | €27,178 | €50,943 | ▲ 87.4% |
| Amounts payable within one year42/48 | €3,221 | €27,178 | €50,943 | ▲ 87.4% |
| Trade debts44 | - | €1,813 | €3,541 | ▲ 95.3% |
| Suppliers440/4 | - | €1,813 | €3,541 | ▲ 95.3% |
| Taxes, remuneration and social security45 | €3,221 | €25,365 | €47,402 | ▲ 86.9% |
| Taxes450/3 | €3,221 | €25,365 | €47,402 | ▲ 86.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,435 | €89,062 | €156,910 | ▲ 76.2% |
| + Depreciation and write-downs630 | €1,752 | €96 | €1,600 | ▲ 1,562% |
| Operating cash flow (approximation) | €13,187 | €89,158 | €158,510 | ▲ 77.8% |
| Investment in fixed assets (approximation) | - | - | -€5,162 | - |
| Change in cash | - | €64,708 | €153,025 | ▲ 136% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Highest result since 2023net €156,910 ▲76.2%
Operating result €204,530, net result €156,910, both a record.
31-12
Financial
Equity above €200,000Eq €260,907 ▲151%
3 profitable years in a row build equity to €260,907.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €103,997 ▲596%
2 profitable years in a row build equity to €103,997.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2023
Ground area
239 m²
Building footprint
119 m²
Volume, LiDAR
2,001 m³
Parcel 21618B0276/00P061, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
MAXFACE
since 20232.351.856.159
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21618B0276/00P061 | Brussels | 239 m² | 1 · 119 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded07-11-2023
Fiscal year end31-12
Contact
E-mail
thibautbuset@gmail.com
Phone
+32477595583
Scores and ratios are computed by Checked and are not a credit decision.