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MAXIANDITRANS

Active
Private limited companyfounded 2004active for 22 yearsEeckbergstraat(SGW) 62, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0865.857.830
Summary

MAXIANDITRANS has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143,138 and a net result of -€194. Equity is shrinking by about 4.8% per year across the filed financial years. Its solvency ranks better than 50% of 2,317 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Equity
€143,138▼ 25.2%
2024 · €191,397
Total assets
€363,215▼ 26.8%
2024 · €496,326
Net result
-€194▲ 98.9%
2024 · -€17,603
Working capital
€56,304▼ 18.1%
2024 · €68,787
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €6,331 after a loss of €17,978 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€6,331 2025 Net result-€194 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€98,731-€118,258▲ 19.8%€45,805▼ 61.3%€4,576▼ 90.0%€25,742▲ 463%€144,442▲ 461%-€17,978€6,331
Net result€72,546-€80,549▲ 11.0%€25,926within the sector's middle half▼ 67.8%-€2,984below the sector's middle half€14,420within the sector's middle half€96,844within the sector's middle half▲ 572%-€17,603below the sector's middle half-€194below the sector's middle half▲ 98.9%
Equity€182,816-€265,365▲ 45.2%€291,291within the sector's middle half▲ 9.8%€267,398within the sector's middle half▼ 8.2%€250,980within the sector's middle half▼ 6.1%€275,279within the sector's middle half▲ 9.7%€191,397within the sector's middle half▼ 30.5%€143,138within the sector's middle half▼ 25.2%
Total assets€760,537-€793,208▲ 4.3%€669,073within the sector's middle half▼ 15.6%€679,655within the sector's middle half▲ 1.6%€667,565within the sector's middle half▼ 1.8%€686,546within the sector's middle half▲ 2.8%€496,326below the sector's middle half▼ 27.7%€363,215within the sector's middle half▼ 26.8%
Debt€577,721-€521,848▼ 9.7%€373,286▼ 28.5%€409,260▲ 9.6%€415,087▲ 1.4%€411,268▼ 0.9%€304,929▼ 25.9%€220,076▼ 27.8%
Working capital€5,508-€47,861▲ 769%€104,579within the sector's middle half▲ 119%€53,847within the sector's middle half▼ 48.5%€51,854within the sector's middle half▼ 3.7%€127,258within the sector's middle half▲ 145%€68,787within the sector's middle half▼ 45.9%€56,304within the sector's middle half▼ 18.1%
Solvency24.0%-33.5%▲ 9.4pp43.5%within the sector's middle half▲ 10.1pp39.3%within the sector's middle half▼ 4.2pp37.6%within the sector's middle half▼ 1.7pp40.1%within the sector's middle half▲ 2.5pp38.6%within the sector's middle half▼ 1.5pp39.4%within the sector's middle half▲ 0.8pp
Current ratio1.02-1.21▲ 0.191.66within the sector's middle half▲ 0.451.31within the sector's middle half▼ 0.351.27within the sector's middle half▼ 0.041.49within the sector's middle half▲ 0.221.34within the sector's middle half▼ 0.151.36within the sector's middle half▲ 0.02
Return on assets (ROA)9.5%-10.2%▲ 0.6pp3.9%within the sector's middle half▼ 6.3pp-0.4%below the sector's middle half▼ 4.3pp2.2%within the sector's middle half▲ 2.6pp14.1%above the sector's middle half▲ 11.9pp-3.5%below the sector's middle half▼ 17.7pp-0.1%below the sector's middle half▲ 3.5pp
Staff (FTE)0.7-2.2▲ 214%1.5below the sector's middle half▼ 31.8%1below the sector's middle half▼ 33.3%0.9below the sector's middle half▼ 10.0%1.5below the sector's middle half▲ 66.7%0.6below the sector's middle half▼ 60.0%0below the sector's middle half▼ 100%
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €363,215
Fixed assets €149,255 ▼ 33.7%
Current assets €213,959 ▼ 21.1%
Equity and liabilities €363,215
Equity €143,138 ▼ 25.2%
Debt €220,076 ▼ 27.8%
Debt's share of the balance-sheet total falls from 61.4% to 60.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€73,855▲
2024 · €61,075
Cash flow
€67,330▲
2024 · €61,450
Debt to equity
1.54▼
2024 · 1.59
ROE
-0.1%▲
2024 · -9.2%
Interest coverage
11.44▼
2024 · 12.62
Debt ≤ 1 year
€157,656▼
2024 · €202,311
Debt > 1 year
€62,421▼
2024 · €102,618
Income taxes
€281▼
2024 · €289
Staff costs
-€138▼
2024 · €41,504
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€496,326€363,215▼
Fixed assets21/28€225,228€149,255▼
Tangible fixed assets22/27€225,228€149,255▼
Land and buildings22€104,229€94,862▼
Plant, machinery and equipment23€5,607€3,232▼
Furniture and vehicles24€115,392€51,161▼
Other tangible fixed assets26€0-
Current assets29/58€271,098€213,959▼
Amounts receivable within one year40/41€89,394€102,992▲
Trade receivables40€70,201€75,235▲
Other amounts receivable41€19,194€27,757▲
Current investments50/53€0-
Cash at bank and in hand54/58€181,704€110,967▼
Equity and liabilities
Total equity and liabilities10/49€496,326€363,215▼
Equity10/15€191,397€143,138▼
Contributions10/11€6,200€6,200=
Reserves13€185,197€136,938▼
Tax-exempt reserves132€24,789€24,789=
Distributable reserves133€160,408€112,149▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€304,929€220,076▼
Amounts payable after more than one year17€102,618€62,421▼
Financial debts170/4€102,618€62,421▼
Amounts payable within one year42/48€202,311€157,656▼
Current portion of amounts payable after more than one year42€54,340€43,578▼
Trade debts44€65,187€62,013▼
Suppliers440/4€65,187€62,013▼
Taxes, remuneration and social security45€19,820€6,683▼
Taxes450/3€14,292€5,551▼
Remuneration and social security454/9€5,527€1,132▼
Other amounts payable47/48€62,965€45,383▼
Income statement Code20242025
Non-recurring operating income76A-€3,090
Remuneration, social security and pensions62€41,504-€138▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,053€67,524▼
Other operating charges640/8€30,371€24,396▼
Non-recurring operating charges66A-€10,000
Gross operating margin9900€132,950€108,114▼
Operating profit (loss)9901-€17,978€6,331▲
Financial income75/76B€5,503€209▼
Recurring financial income75€5,503€209▼
Financial charges65/66B€4,839€6,453▲
Recurring financial charges65€4,839€6,453▲
Profit (loss) for the period before taxes9903-€17,314€87▲
Transfer from deferred taxes780€0-
Income taxes67/77€289€281▼
Profit (loss) for the period9904-€17,603-€194▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905-€17,603-€194▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,603-€194▲
Transfer from equity791/2€83,882€48,259▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€66,279€48,064▼
Return on contributions (dividend)694€66,279€48,064▼
Social balance sheet
Average headcount (FTE)90870.60.0▼

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€3,090-
Remuneration, social security and pensions62---€62,117€114,008€96,199€41,504-€138-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105,905€139,431€136,057€125,307€154,898€109,566€79,053€67,524▼ 14.6%
Other operating charges640/8---€54,032€48,822€39,656€30,371€24,396▼ 19.7%
Non-recurring operating charges66A-------€10,000-
Gross operating margin9900€287,563€477,280€338,393€246,032€343,471€389,862€132,950€108,114▼ 18.7%
Operating profit (loss)9901€98,731€118,258€45,805€4,576€25,742€144,442-€17,978€6,331-
Financial income75/76B---€0€177€428€5,503€209▼ 96.2%
Recurring financial income75€11€0€129€0€177€428€5,503€209▼ 96.2%
Financial charges65/66B---€6,455€6,705€6,140€4,839€6,453▲ 33.4%
Recurring financial charges65€7,653€9,022€6,847€6,455€6,705€6,140€4,839€6,453▲ 33.4%
Profit (loss) for the period before taxes9903€91,089€109,236€39,087-€1,879€19,214€138,730-€17,314€87-
Transfer from deferred taxes780---€1,499€1,499€1,499€0--
Income taxes67/77€18,544€22,693€14,659€2,603€6,292€43,384€289€281▼ 2.6%
Profit (loss) for the period9904€72,546€80,549€25,926-€2,984€14,420€96,844-€17,603-€194▲ 98.9%
Transfer from tax-exempt reserves789---€3,567€3,567€3,567€0--
Profit (loss) for the period to be appropriated9905€72,546€66,279€29,493€583€17,988€100,412-€17,603-€194▲ 98.9%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€760,537€793,208€669,073€679,655€667,565€686,546€496,326€363,215▼ 26.8%
Fixed assets21/28€493,068€520,569€406,391€451,449€425,349€301,587€225,228€149,255▼ 33.7%
Intangible fixed assets21€5,914€2,957€0------
Tangible fixed assets22/27€487,154€517,612€406,391€451,449€425,349€301,587€225,228€149,255▼ 33.7%
Land and buildings22---€136,246€123,682€113,596€104,229€94,862▼ 9.0%
Plant, machinery and equipment23---€14,698€11,073€7,982€5,607€3,232▼ 42.4%
Furniture and vehicles24---€237,009€254,567€171,450€115,392€51,161▼ 55.7%
Leasing and similar rights25---€37,818€18,909€0---
Other tangible fixed assets26---€25,678€17,119€8,559€0--
Current assets29/58€267,470€272,638€262,682€228,205€242,216€384,959€271,098€213,959▼ 21.1%
Amounts receivable within one year40/41€178,437€132,511€98,222€99,679€119,354€139,999€89,394€102,992▲ 15.2%
Trade receivables40---€70,350€88,221€121,422€70,201€75,235▲ 7.2%
Other amounts receivable41---€29,329€31,133€18,577€19,194€27,757▲ 44.6%
Current investments50/53-----€125,000€0--
Cash at bank and in hand54/58€89,033€140,128€164,460€128,526€122,862€119,960€181,704€110,967▼ 38.9%
Equity and liabilities
Total equity and liabilities10/49€760,537€793,208€669,073€679,655€667,565€686,546€496,326€363,215▼ 26.8%
Equity10/15€182,816€265,365€291,291€267,398€250,980€275,279€191,397€143,138▼ 25.2%
Contributions10/11€4,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€178,616€259,165€285,091€261,198€244,780€269,079€185,197€136,938▼ 26.1%
Non-distributable reserves130/1---€1,800€1,800€0---
Reserves not available under the articles1311---€1,800€1,800€0---
Tax-exempt reserves132---€31,924€28,357€24,789€24,789€24,789=
Distributable reserves133---€227,473€214,624€244,290€160,408€112,149▼ 30.1%
Profit (loss) carried forward14-€836--€0€0€0€0€0-
Provisions and deferred taxes16-€5,994€4,496€2,997€1,499€0---
Deferred taxes168---€2,997€1,499€0---
Amounts payable17/49€577,721€521,848€373,286€409,260€415,087€411,268€304,929€220,076▼ 27.8%
Amounts payable after more than one year17€315,759€297,071€215,184€234,902€224,724€153,567€102,618€62,421▼ 39.2%
Financial debts170/4---€234,902€224,724€153,567€102,618€62,421▼ 39.2%
Amounts payable within one year42/48€261,961€224,777€158,102€174,358€190,362€257,701€202,311€157,656▼ 22.1%
Current portion of amounts payable after more than one year42---€104,826€100,578€58,387€54,340€43,578▼ 19.8%
Trade debts44€135,436€90,166€57,720€40,243€49,335€107,128€65,187€62,013▼ 4.9%
Suppliers440/4---€40,243€49,335€107,128€65,187€62,013▼ 4.9%
Taxes, remuneration and social security45---€8,816€10,043€23,268€19,820€6,683▼ 66.3%
Taxes450/3---€2,849€3,604€14,338€14,292€5,551▼ 61.2%
Remuneration and social security454/9---€5,967€6,439€8,930€5,527€1,132▼ 79.5%
Other amounts payable47/48---€20,473€30,405€68,918€62,965€45,383▼ 27.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€72,546€80,549€25,926-€2,984€14,420€96,844-€17,603-€194▲ 98.9%
+ Depreciation and write-downs630€105,905€139,431€136,057€125,307€154,898€109,566€79,053€67,524▼ 14.6%
Operating cash flow (approximation)€178,451€219,980€161,983€122,323€169,318€206,410€61,450€67,330▲ 9.6%
Investment in fixed assets (approximation)--€166,933-€21,879-€170,365-€128,798€14,196-€2,694€8,448-
Change in cash-€51,095€24,332-€35,933-€5,664-€2,902€61,744-€70,737-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 21 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 29-07-2026 2026-00347614
31-12-2024 abbreviated format 08-07-2025 2025-00242280
31-12-2023 abbreviated format 30-07-2024 2024-00301018
31-12-2022 abbreviated format 11-08-2023 2023-00324529
31-12-2021 abbreviated format 24-08-2022 2022-20310408
31-12-2020 abbreviated format 16-08-2021 2021-48500371
31-12-2019 abbreviated format 29-07-2020 2020-35200462
31-12-2018 micro format 21-08-2019 2019-47900214
31-12-2017 micro format 30-08-2018 2018-53300364
31-12-2016 micro format 31-08-2017 2017-52100379

Show all 21 filings

Similar companies · same sector, comparable size

Of the 12,347 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,197. 6,376 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €7,144 awarded · €7,144 paid
Year Entries AwardedPaid
2025 2 €3,507€3,507
2023 1 €231€231
2022 2 €3,406€3,406
Schemes
1 entry · €3,090 · €3,090 paid · Vlaams Energie- en Klimaatagentschap
1 entry · €3,000 · €3,000 paid · Departement Mobiliteit en Openbare Werken
3 entries · €1,054 · €1,054 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.