Skip to content

MAXIGROUPE

Active
Public limited companyfounded 199234 yrs activeFontaine Cabouche 9, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0447.873.348

MAXIGROUPE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46.25M and a net result of €-568k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 69% of 4489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
35 / 100
Weak▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency70▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.6M at 30 days only on tighter terms
Liquidity short (current ratio 0.69 against 0.71 in 2024), and 37.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
62.3%
Return on assets
-0.8%
Age of the figures
8 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
31 d early
2023
29 d late
2022
31 d late
2021
25 d late
2020
31 d late
2019
31 d late
← before the deadline after the deadline →
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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-568k▲ 56.2%
2024 · €-1.30M
2018: €69k 2019: €-99k 2020: €-329k 2021: €-321k 2022: €218k 2023: €-477k 2024: €-1.30M
2018 → 2025
Working capital
€-7.86M▼ 11.6%
2024 · €-7.05M
2018: €-7.06M 2019: €-6.79M 2020: €-6.64M 2021: €-6.54M 2022: €-6.61M 2023: €-6.30M 2024: €-7.05M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€49.61M-€49.53M▼ 0.2%€48.40M▼ 2.3%€47.11M▼ 2.7%€46.25M▼ 1.8%
Operating result€47k-€526k▲ 1,028%€375k▼ 28.7%€-318k€89k
Net result€-321k-€218k€-477k€-1.30M▼ 172%€-568k▲ 56.2%
Result per fiscal year
Operating resultNet result
€-1.50M€-1.00M€-500k€0€500kOperating result 2021: €47k€47kNet result 2021: €-321k€-321kOperating result 2022: €526k€526kNet result 2022: €218k€218kOperating result 2023: €375k€375kNet result 2023: €-477k€-477kOperating result 2024: €-318k€-318kNet result 2024: €-1.30M€-1.30MOperating result 2025: €89k€89kNet result 2025: €-568k€-568k20212022202320242025
The operating result returns to profit in 2025: €89k after a loss of €318k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74.19M
Fixed assets €56.62M▼ 0.7%
Current assets €17.56M▲ 0.7%
Equity and liabilities €74.19M
Equity €46.25M▼ 1.8%
Provisions €45k=
Debt €27.89M▲ 2.1%
The debt ratio rises from 36.7% to 37.6%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€483k
2024 · €90k
Cash flow
€-174k
2024 · €-888k
Solvency
62.3%
2024 · 63.3%
Current ratio
0.69
2024 · 0.71
Quick ratio
0.69
2024 · 0.71
Debt / equity
0.60
2024 · 0.58
ROE
-1.2%
2024 · -2.8%
ROA
-0.8%
2024 · -1.7%
Interest coverage
0.59
2024 · 0.08
Debt
€27.89M
2024 · €27.32M
Debt ≤ 1 year
€25.43M
2024 · €24.48M
Debt > 1 year
€2.38M
2024 · €2.72M
Income taxes
€2k
2024 · €985
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€74.48M€74.19M
Fixed assets21/28€57.04M€56.62M
Tangible fixed assets22/27€46.93M€46.51M
Land and buildings22€37.71M€37.29M
Furniture and vehicles24€9.22M€9.22M=
Financial fixed assets28€10.11M€10.11M=
Current assets29/58€17.43M€17.56M
Amounts receivable within one year40/41€16.63M€16.74M
Trade receivables40€5k-
Other amounts receivable41€16.62M€16.74M
Cash at bank and in hand54/58€85k€132k
Deferred charges and accrued income490/1€720k€696k
Equity and liabilities
Total equity and liabilities10/49€74.48M€74.19M
Equity10/15€47.11M€46.25M
Contributions10/11€17.07M€17.07M=
Capital10€17.07M€17.07M=
Issued capital100€17.07M€17.07M=
Revaluation surpluses12€31.86M€31.58M
Reserves13€30k€30k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Profit (loss) carried forward14€-1.86M€-2.42M
Provisions and deferred taxes16€45k€45k=
Provisions for liabilities and charges160/5€45k€45k=
Other liabilities and charges164/5€45k€45k=
Amounts payable17/49€27.32M€27.89M
Amounts payable after more than one year17€2.72M€2.38M
Financial debts170/4€2.72M€2.38M
Amounts payable within one year42/48€24.48M€25.43M
Current portion of amounts payable after more than one year42€51k€10k
Financial debts43€18.20M€18.67M
Credit institutions430/8€18.20M€18.67M
Trade debts44€267€49k
Suppliers440/4€267€49k
Taxes, remuneration and social security45€2k€3k
Taxes450/3€2k€3k
Other amounts payable47/48€6.23M€6.69M
Accrued charges and deferred income492/3€126k€83k
Income statement Code20242025
Non-recurring operating income76A€583€370k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€408k€394k
Other operating charges640/8€136k€139k
Non-recurring operating charges66A€35k€222k
Gross operating margin9900€261k€843k
Operating profit (loss)9901€-318k€89k
Financial income75/76B€161k€166k
Recurring financial income75€161k€166k
Financial charges65/66B€1.14M€821k
Recurring financial charges65€1.08M€813k
Non-recurring financial charges66B€59k€7k
Profit (loss) for the period before taxes9903€-1.29M€-565k
Income taxes67/77€985€2k
Profit (loss) for the period9904€-1.30M€-568k
Profit (loss) for the period to be appropriated9905€-1.30M€-568k
Appropriation of the result
Profit (loss) to be appropriated9906€-1.86M€-2.42M
Profit (loss) brought forward from the previous period14P€-560k€-1.86M

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €-1.30M
Net result drops to €-1.30M, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial Back to profitnet €218k
Net result €218k after 3 loss-making years.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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, Grez-Doiceau · 1 establishment unit since 1992
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Fontaine Cabouche 91390 Grez-Doiceau
Ground area
134 m²
Building footprint
137 m²
Volume, LiDAR
746 m³
Parcel 25037D0029/00Z002, Wallonia · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fontaine Cabouche 9, 1390 Grez-Doiceau
NACE 70311
since 19922.231.186.476
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25037D0029/00Z002 Wallonia 134 m² 1 · 137 m² 12.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,974 companies in sector 68203 we hold annual accounts for 5,946. 608 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded30-06-1992
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.