MAXIM BAETEN
ActiveMAXIM BAETEN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €20k. Equity is shrinking by ~23.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 29% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency57▼-16
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.81 in 2024; short-term debt: 67.5% and cash: 55% of total assets), and 68.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
31.7%
Return on assets
55.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-07-2026, 12 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
12 d early
2024
3 d early
2023
1 d early
2022
on the day
2021
3 d early
2020
5 d early
← 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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 64.0%
2024 · €31k
2020: €26k
2021: €57k
2022: €44k
2023: €25k
2024: €31k
2020 → 2025
Total assets
€36k▼ 45.6%
2024 · €66k
2020: €47k
2021: €89k
2022: €96k
2023: €76k
2024: €66k
2020 → 2025
Net result
€20k▼ 24.9%
2024 · €26k
2020: €26k
2021: €30k
2022: €19k
2023: €18k
2024: €26k
2020 → 2025
Working capital
€9k▼ 67.4%
2024 · €28k
2020: €24k
2021: €62k
2022: €42k
2023: €20k
2024: €28k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€44k▼ 21.9%€25k▼ 43.6%€31k▲ 25.8%€11k▼ 64.0%
Operating result€40k-€25k▼ 36.2%€23k▼ 10.6%€34k▲ 49.1%€26k▼ 23.7%
Net result€30k-€19k▼ 38.4%€18k▼ 6.0%€26k▲ 50.1%€20k▼ 24.9%
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 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €36k
Fixed assets
€3k▼ 30.2%
Current assets
€33k▼ 46.5%
Equity and liabilities €36k
Equity
€11k▼ 64.0%
Debt
€24k▼ 28.7%
The debt ratio rises from 52.1% to 68.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €35k
Cash flow
€21k▼
2024 · €28k
Solvency
31.7%▼
2024 · 47.9%
Current ratio
1.38▼
2024 · 1.81
Quick ratio
1.38▼
2024 · 1.81
Debt / equity
2.16▲
2024 · 1.09
ROE
175.2%▲
2024 · 84.0%
ROA
55.5%▲
2024 · 40.2%
Interest coverage
177.58▼
2024 · 438.99
Debt
€24k▼
2024 · €34k
Debt ≤ 1 year
€24k▼
2024 · €34k
Income taxes
€6k▼
2024 · €8k
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€66k€36k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€2k€750▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€150€150=
Current assets29/58€62k€33k▼
Amounts receivable within one year40/41€30k€12k▼
Trade receivables40€16k€12k▼
Other amounts receivable41€14k€0▼
Cash at bank and in hand54/58€31k€20k▼
Deferred charges and accrued income490/1€692€1k▲
Equity and liabilities
Total equity and liabilities10/49€66k€36k▼
Equity10/15€31k€11k▼
Contributions10/11€500€500=
Profit (loss) carried forward14€31k€11k▼
Amounts payable17/49€34k€24k▼
Amounts payable within one year42/48€34k€24k▼
Trade debts44€153€2k▲
Suppliers440/4€153€2k▲
Taxes, remuneration and social security45€14k€10k▼
Taxes450/3€14k€10k▼
Other amounts payable47/48€20k€12k▼
Accrued charges and deferred income492/3-€280
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€981€919▼
Non-recurring operating charges66A€0-
Gross operating margin9900€36k€28k▼
Operating profit (loss)9901€34k€26k▼
Financial income75/76B€745€716▼
Recurring financial income75€745€716▼
Financial charges65/66B€80€151▲
Recurring financial charges65€80€151▲
Profit (loss) for the period before taxes9903€34k€26k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€26k€20k▼
Profit (loss) for the period to be appropriated9905€26k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€51k▼
Profit (loss) brought forward from the previous period14P€25k€31k▲
Profit to be distributed694/7€20k€40k▲
Return on contributions (dividend)694€20k€40k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €18k ▼6%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €30k ▲17.7%
Operating result €40k, net result €30k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wetteren · 1 establishment unit since 2020
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.
Laarnesteenweg 289230 WetterenGround area
536 m²
Building footprint
150 m²
Volume, LiDAR
773 m³
Parcel 42025A0872/00P000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MAXIM BAETEN
since 20202.299.879.304
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025A0872/00P000 | Flanders | 536 m² | 1 · 150 m² | 8.9 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
Nunki
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Erpe-Mere · Eq €11k
SD - UNITY
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VISIBILIS
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 10,138 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-02-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.wecreateeos.be
E-mail:maxim@wecreateeos.be