MAXGROEP
Open bankruptcyA bankruptcy procedure is open for MAXGROEP according to publications in the Belgian State Gazette; curator: EYAL STERN.
Summary
The 2023 annual accounts show equity of €21,315 and a net result of €10,825.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 18 March 2024
- Supervising judge
- STéPHANE Gernay
- Official Gazette
- 28-03-2024 (pdf) ↗search the document for 2024/112929
Deadlines
- Appeal or third-party opposition until
- passed on 12 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 17 April 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 24 April 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 18 March 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Eyal SternAvenue Louise 54, 1050 Ixellesstern@victor.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 22-11-2023, 22 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
22 d late
2022
5 d early
2021
53 d late
2020
86 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Freight transport by road sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Turnover
€158,609
EBIT margin
9.7%
Net result
€10,825
2022 · -€11,336
Working capital
-€11,172▼ 12.1%
2022 · -€9,966
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Turnover€158,609
Operating result€668-€5,863▲ 778%-€11,288€15,354
Net result€587within the sector's middle half-€5,658within the sector's middle half▲ 864%-€11,336below the sector's middle half€10,825within the sector's middle half
EBIT margin9.7%
Equity€6,987below the sector's middle half-€9,526below the sector's middle half▲ 36.3%€10,490within the sector's middle half▲ 10.1%€21,315within the sector's middle half▲ 103%
Total assets€11,753below the sector's middle half-€10,145below the sector's middle half▼ 13.7%€22,731below the sector's middle half▲ 124%€99,921within the sector's middle half▲ 340%
Debt€4,766-€618▼ 87.0%€12,241▲ 1,879%€78,607▲ 542%
Working capital€6,987within the sector's middle half-€9,526within the sector's middle half▲ 36.3%-€9,966below the sector's middle half-€11,172below the sector's middle half▼ 12.1%
Solvency59.4%within the sector's middle half-93.9%above the sector's middle half▲ 34.5pp46.1%within the sector's middle half▼ 47.8pp21.3%within the sector's middle half▼ 24.8pp
Current ratio2.47within the sector's middle half-16.41above the sector's middle half▲ 13.940.19below the sector's middle half▼ 16.220.76below the sector's middle half▲ 0.58
Return on assets (ROA)5.0%within the sector's middle half-55.8%above the sector's middle half▲ 50.8pp-49.9%below the sector's middle half▼ 105.6pp10.8%within the sector's middle half▲ 60.7pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €15,354 after a loss of €11,288 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €99,921
Fixed assets
€64,255 ▲ 214%
Current assets
€35,667 ▲ 1,468%
Equity and liabilities €99,921
Equity
€21,315 ▲ 103%
Debt
€78,607 ▲ 542%
Debt's share of the balance-sheet total rises from 53.9% to 78.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22,564▲
2022 · -€6,174
Cash flow
€18,035▲
2022 · -€6,222
Debt to equity
3.69▲
2022 · 1.17
ROE
50.8%▲
2022 · -108.1%
Interest coverage
25.29▲
2022 · -129.39
Debt ≤ 1 year
€46,838▲
2022 · €12,241
Debt > 1 year
€31,768
Income taxes
€3,637
Staff costs
€22,048▲
2022 · €11,035
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | - | - | €158,609 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €122,259 | - |
| Remuneration, social security and pensions62 | - | - | €11,035 | €22,048 | ▲ 99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €5,114 | €7,210 | ▲ 41.0% |
| Gross operating margin9900 | €668 | €29,796 | €4,861 | €44,612 | ▲ 818% |
| Operating profit (loss)9901 | €668 | €5,863 | -€11,288 | €15,354 | ▲ 236% |
| Financial charges65/66B | - | - | €48 | €892 | ▲ 1,770% |
| Recurring financial charges65 | €81 | €8 | €48 | €892 | ▲ 1,770% |
| Profit (loss) for the period before taxes9903 | €587 | €5,855 | -€11,336 | €14,461 | ▲ 228% |
| Income taxes67/77 | - | €196 | - | €3,637 | - |
| Profit (loss) for the period9904 | €587 | €5,658 | -€11,336 | €10,825 | ▲ 195% |
| Profit (loss) for the period to be appropriated9905 | €587 | €5,658 | -€11,336 | €10,825 | ▲ 195% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €11,753 | €10,145 | €22,731 | €99,921 | ▲ 340% |
| Fixed assets21/28 | - | - | €20,456 | €64,255 | ▲ 214% |
| Tangible fixed assets22/27 | - | - | €20,456 | €64,255 | ▲ 214% |
| Furniture and vehicles24 | - | - | €20,456 | €15,342 | ▼ 25.0% |
| Leasing and similar rights25 | - | - | - | €48,913 | - |
| Current assets29/58 | €11,753 | €10,145 | €2,275 | €35,667 | ▲ 1,468% |
| Amounts receivable within one year40/41 | €11,710 | €10,140 | €2,272 | €35,409 | ▲ 1,458% |
| Trade receivables40 | - | - | €0 | €35,409 | - |
| Other amounts receivable41 | - | - | €2,272 | - | - |
| Cash at bank and in hand54/58 | €43 | €4 | €3 | €257 | ▲ 9,434% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €11,753 | €10,145 | €22,731 | €99,921 | ▲ 340% |
| Equity10/15 | €6,987 | €9,526 | €10,490 | €21,315 | ▲ 103% |
| Contributions10/11 | €6,400 | €6,200 | €18,500 | €18,500 | = |
| Capital10 | - | - | €18,500 | - | - |
| Issued capital100 | - | - | €18,500 | - | - |
| Profit (loss) carried forward14 | €587 | €3,326 | -€8,010 | €2,815 | ▲ 135% |
| Amounts payable17/49 | €4,766 | €618 | €12,241 | €78,607 | ▲ 542% |
| Amounts payable after more than one year17 | - | - | - | €31,768 | - |
| Financial debts170/4 | - | - | - | €31,768 | - |
| Amounts payable within one year42/48 | €4,766 | €618 | €12,241 | €46,838 | ▲ 283% |
| Current portion of amounts payable after more than one year42 | - | - | - | €16,595 | - |
| Trade debts44 | €3,802 | €105 | €0 | €4,559 | - |
| Suppliers440/4 | - | - | €0 | €4,559 | - |
| Taxes, remuneration and social security45 | - | - | €7,174 | €20,374 | ▲ 184% |
| Taxes450/3 | - | - | €513 | €11,212 | ▲ 2,085% |
| Remuneration and social security454/9 | - | - | €6,661 | €9,162 | ▲ 37.6% |
| Other amounts payable47/48 | - | - | €5,067 | €5,311 | ▲ 4.8% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €587 | €5,658 | -€11,336 | €10,825 | ▲ 195% |
| + Depreciation and write-downs630 | - | - | €5,114 | €7,210 | ▲ 41.0% |
| Operating cash flow (approximation) | €587 | €5,658 | -€6,222 | €18,035 | ▲ 390% |
| Investment in fixed assets (approximation) | - | - | - | -€51,009 | - |
| Change in cash | - | -€39 | -€2 | €255 | ▲ 15,538% |
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
2024
28-03
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 18-03-2024
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
31-03
Financial
Back to profitnet €10,825
Net result €10,825 after one loss-making year.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet -€11,336
Net result drops to -€11,336, the lowest in the series.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
31-03
Financial
Liquidity times 7current ratio 16.41
Current ratio from 2.47 to 16.41; short-term debt falls from €4,766 to €618.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Schaarbeek · 1 establishment unit since 2018
Ground area
427 m²
Building footprint
285 m²
Volume, LiDAR
4,956 m³
2 parcels, Brussels · tallest building 22.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
François Lesninostraat 77, 1020 Brussel
since 20182.276.406.589
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0132/00Y000 | Brussels | 397 m² | 1 · 255 m² | 22.1 m · 6 fl. |
| 21906D0416/00N000 | Brussels | 30 m² | 1 · 30 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EYAL STERN AVENUE LOUISE 54, 1050 IXELLES- |
18-03-2024 → present |
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Of 12,582 companies in sector 49410 we hold annual accounts for 8,205. 5,058 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2018
Fiscal year end31-03
Activities, NACEBEL 2025
49410Freight transport by road
43120Site preparation
43230Insulation installation
43350Other building finishing work
43910Bricklaying and masonry work
68110Buying and selling of own real estate
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.