MAXI GROUP
Open bankruptcyA bankruptcy procedure is open for MAXI GROUP according to publications in the Belgian State Gazette; curator: Stijn VANSCHOUBROEK.
Summary
The file additionally contains 2 administrative flags. The 2024 annual accounts show equity of €82,065 and a net result of -€3,181.
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
- Enterprise Court of Brussels
- Declared bankrupt
- 8 December 2025
- Supervising judge
- Stephan Janssens
- Official Gazette
- 15-12-2025 (pdf) ↗search the document for 2025/152083
Deadlines
- Appeal or third-party opposition until
- passed on 30 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 7 January 2026art. XX.104 and XX.155 CEL
- First verification report
- passed on 14 January 2026Goods 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
- 8 December 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Stijn VanschoubroekKeizer Karellaan 586 Bus 9, 1082 Sint-Agatha-Berchemsvanschoubroek@racine.eu
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
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-04-2025, 105 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
105 d early
2023
76 d late
2022
220 d late
2021
149 d late
2020
18 d early
2019
102 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 71 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
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
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€82,065▼ 3.7%
2023 · €85,246
Total assets
€453,045▼ 13.6%
2023 · €524,225
Net result
-€3,181
2023 · €25,368
Working capital
€67,131▲ 20.2%
2023 · €55,860
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
Line20202021202220232024
Operating result€23,909▼ 25.0%€36,345▲ 52.0%€50,184▲ 38.1%€61,357▲ 22.3%€35,834▼ 41.6%
Net result€8,373▼ 45.9%€14,257▲ 70.3%€9,743▼ 31.7%€25,368▲ 160%-€3,181
Equity€35,878▲ 30.4%€50,135▲ 39.7%€59,878▲ 19.4%€85,246▲ 42.4%€82,065▼ 3.7%
Total assets€162,158▲ 48.1%€282,793▲ 74.4%€393,721▲ 39.2%€524,225▲ 33.1%€453,045▼ 13.6%
Debt€126,280▲ 54.0%€232,658▲ 84.2%€333,843▲ 43.5%€438,979▲ 31.5%€370,980▼ 15.5%
Working capital€32,776▲ 19.2%-€25,500€17,022€55,860▲ 228%€67,131▲ 20.2%
Staff (FTE)1.1=3.8▲ 245%9
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €453,045
Fixed assets
€33,934 ▼ 29.9%
Current assets
€419,111 ▼ 11.9%
Equity and liabilities €453,045
Equity
€82,065 ▼ 3.7%
Debt
€370,980 ▼ 15.5%
Debt's share of the balance-sheet total falls from 83.7% to 81.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€50,285▼
2023 · €76,327
Cash flow
€11,270▼
2023 · €40,338
Current ratio
1.19▲
2023 · 1.13
Debt to equity
4.52▼
2023 · 5.15
ROE
-3.9%▼
2023 · 29.8%
ROA
-0.7%▼
2023 · 4.8%
Interest coverage
2.12▼
2023 · 2.12
Debt ≤ 1 year
€351,980▼
2023 · €419,979
Debt > 1 year
€19,000=
2023 · €19,000
Income taxes
€18,143
Staff costs
€270,305▲
2023 · €255,876
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 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,406 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €115,054 | €147,496 | €255,876 | €270,305 | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €398 | €4,512 | €15,368 | €14,970 | €14,451 | ▼ 3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €14,036 | - |
| Other operating charges640/8 | - | €14,655 | €21,811 | €12,816 | €42,526 | ▲ 232% |
| Non-recurring operating charges66A | - | €6,006 | - | - | - | - |
| Gross operating margin9900 | €118,055 | €176,572 | €234,859 | €345,019 | €377,152 | ▲ 9.3% |
| Operating profit (loss)9901 | €23,909 | €36,345 | €50,184 | €61,357 | €35,834 | ▼ 41.6% |
| Financial income75/76B | - | €59 | - | - | €2,867 | - |
| Recurring financial income75 | - | €59 | - | - | €2,867 | - |
| Financial charges65/66B | - | €22,448 | €40,442 | €35,989 | €23,738 | ▼ 34.0% |
| Recurring financial charges65 | €13,443 | €22,448 | €40,442 | €35,989 | €23,738 | ▼ 34.0% |
| Profit (loss) for the period before taxes9903 | €10,466 | €13,956 | €9,743 | €25,368 | €14,963 | ▼ 41.0% |
| Income taxes67/77 | €2,093 | -€301 | - | - | €18,143 | - |
| Profit (loss) for the period9904 | €8,373 | €14,257 | €9,743 | €25,368 | -€3,181 | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €8,373 | €14,257 | €9,743 | €25,368 | -€3,181 | ▼ 113% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €162,158 | €282,793 | €393,721 | €524,225 | €453,045 | ▼ 13.6% |
| Fixed assets21/28 | €12,102 | €94,634 | €61,856 | €48,385 | €33,934 | ▼ 29.9% |
| Tangible fixed assets22/27 | €2,102 | €73,994 | €41,216 | €26,245 | €11,794 | ▼ 55.1% |
| Furniture and vehicles24 | - | €73,994 | €41,216 | €26,245 | €11,794 | ▼ 55.1% |
| Financial fixed assets28 | €10,000 | €20,640 | €20,640 | €22,140 | €22,140 | = |
| Current assets29/58 | €150,056 | €188,158 | €331,865 | €475,840 | €419,111 | ▼ 11.9% |
| Amounts receivable within one year40/41 | €150,056 | €141,218 | €331,748 | €451,091 | €419,111 | ▼ 7.1% |
| Trade receivables40 | - | €141,218 | €139,074 | €451,091 | €327,814 | ▼ 27.3% |
| Other amounts receivable41 | - | - | €192,673 | - | €91,297 | - |
| Cash at bank and in hand54/58 | - | €40 | €118 | €9,625 | - | - |
| Deferred charges and accrued income490/1 | - | €46,900 | - | €15,124 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €162,158 | €282,793 | €393,721 | €524,225 | €453,045 | ▼ 13.6% |
| Equity10/15 | €35,878 | €50,135 | €59,878 | €85,246 | €82,065 | ▼ 3.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | - | €6,200 | - |
| Issued capital100 | - | - | - | - | €6,200 | - |
| Reserves13 | €1,065 | €1,065 | €1,065 | €1,065 | €1,065 | = |
| Non-distributable reserves130/1 | - | €1,065 | €1,065 | €1,065 | €1,065 | = |
| Reserves not available under the articles1311 | - | €1,065 | €1,065 | €1,065 | €1,065 | = |
| Profit (loss) carried forward14 | €28,613 | €42,870 | €52,613 | €77,981 | €74,800 | ▼ 4.1% |
| Amounts payable17/49 | €126,280 | €232,658 | €333,843 | €438,979 | €370,980 | ▼ 15.5% |
| Amounts payable after more than one year17 | €9,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Financial debts170/4 | - | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Amounts payable within one year42/48 | €117,280 | €213,658 | €314,843 | €419,979 | €351,980 | ▼ 16.2% |
| Financial debts43 | - | - | €7 | - | €35 | - |
| Credit institutions430/8 | - | - | €7 | - | €35 | - |
| Trade debts44 | €88,865 | €164,072 | €258,803 | €308,919 | €254,686 | ▼ 17.6% |
| Suppliers440/4 | - | €164,072 | €258,803 | €308,919 | €254,686 | ▼ 17.6% |
| Taxes, remuneration and social security45 | - | €23,120 | €56,033 | €111,060 | €97,260 | ▼ 12.4% |
| Taxes450/3 | - | €9,244 | €33,003 | €56,490 | €81,943 | ▲ 45.1% |
| Remuneration and social security454/9 | - | €13,876 | €23,030 | €54,570 | €15,317 | ▼ 71.9% |
| Other amounts payable47/48 | - | €26,466 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,373 | €14,257 | €9,743 | €25,368 | -€3,181 | ▼ 113% |
| + Depreciation and write-downs630 | €398 | €4,512 | €15,368 | €14,970 | €14,451 | ▼ 3.5% |
| Operating cash flow (approximation) | €8,771 | €18,769 | €25,111 | €40,338 | €11,270 | ▼ 72.1% |
| Investment in fixed assets (approximation) | - | -€87,045 | €17,411 | -€1,500 | €0 | ▲ 100% |
| Change in cash | - | - | €77 | €9,507 | - | - |
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
2026
19-01
KBO administration
Address struck
event 05-11-2025
2025
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 08-12-2025
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€3,181
Net result drops to -€3,181, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
08-03
KBO administration
Address struck
event 15-01-2024
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 220 days late
2023
31-12
Financial
Highest result since 2018net €25,368 ▲160%
Operating result €61,357, net result €25,368, both a record.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 149 days late
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
6 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, Ukkel · 1 establishment unit since 2017
Ground area
6,125 m²
Building footprint
2,959 m²
Volume, LiDAR
25,676 m³
2 parcels, Brussels · tallest building 21.9 m, ±2 floors. Linked by address, not a title deed.
61
companies at this address
See who is registered here
1 establishment unit
MAXI GROUP
since 20172.294.583.401
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821C0148/00P000 | Brussels | 3,627 m² | 1 · 2,163 m² | 16.8 m · 2 fl. |
| 21612C0001/00B055 | Brussels | 2,498 m² | 1 · 796 m² | 21.9 m · 2 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 | Stijn VANSCHOUBROEK KEIZER KARELLAAN 586
BUS 9, 1082 SINT-AGATHA-BERCHEM |
08-12-2025 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-07-2017
Fiscal year end31-12
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 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.