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MAXIME CAUS MANAGEMENT

Active
Private limited company (pre-2019)founded 200917 yrs activeSpiegelrei 7, 8000 Brugge, BelgiumKBO/BCE: BE 0809.878.932

MAXIME CAUS MANAGEMENT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €135k and a net result of €4k. Equity is growing by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 32% of 2822 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
56 / 100
Fair▼ -20 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-85
Solvency42▲+2
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.46 in 2023), and 77% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 →
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 17 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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
not confirmed
2024
58 d late
2023
31 d late
2022
31 d early
2021
31 d late
2020
60 d late
2019
91 d late
← before the deadline after the 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 2024, abbreviated schema

Equity
€135k▲ 1.0%
2023 · €134k
2018: €69k 2019: €69k 2020: €54k 2021: €85k 2022: €93k 2023: €134k
2018 → 2024
Total assets
€586k▼ 4.6%
2023 · €615k
2018: €143k 2019: €117k 2020: €101k 2021: €121k 2022: €168k 2023: €615k
2018 → 2024
Net result
€4k▼ 89.9%
2023 · €41k
2018: €25k 2019: €179 2020: €-15k 2021: €31k 2022: €8k 2023: €41k
2018 → 2024
Working capital
€61k▼ 10.1%
2023 · €68k
2018: €79k 2019: €70k 2020: €52k 2021: €83k 2022: €92k 2023: €68k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€54k-€85k▲ 57.7%€93k▲ 9.0%€134k▲ 44.2%€135k▲ 1.0%
Operating result€-14k-€48k€15k▼ 69.2%€59k▲ 300%€25k▼ 57.1%
Net result€-15k-€31k€8k▼ 75.5%€41k▲ 438%€4k▼ 89.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40k€60kOperating result 2020: €-14k€-14kNet result 2020: €-15k€-15kOperating result 2021: €48k€48kNet result 2021: €31k€31kOperating result 2022: €15k€15kNet result 2022: €8k€8kOperating result 2023: €59k€59kNet result 2023: €41k€41kOperating result 2024: €25k€25kNet result 2024: €4k€4k20202021202220232024
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €586k
Fixed assets €382k▼ 3.9%
Current assets €204k▼ 5.9%
Equity and liabilities €586k
Equity €135k▲ 1.0%
Debt €451k▼ 6.1%
The debt ratio falls from 78.2% to 77.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€41k
2023 · €84k
Cash flow
€20k
2023 · €66k
Solvency
23.0%
2023 · 21.8%
Current ratio
1.43
2023 · 1.46
Quick ratio
1.43
2023 · 1.46
Debt / equity
3.34
2023 · 3.59
ROE
3.1%
2023 · 30.7%
ROA
0.7%
2023 · 6.7%
Interest coverage
2.28
2023 · 50.59
Debt
€451k
2023 · €481k
Debt ≤ 1 year
€143k
2023 · €149k
Debt > 1 year
€308k
2023 · €332k
Income taxes
€3k
2023 · €17k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€615k€586k
Fixed assets21/28€397k€382k
Tangible fixed assets22/27€397k€382k
Land and buildings22€394k€380k
Furniture and vehicles24€4k€2k
Current assets29/58€217k€204k
Amounts receivable within one year40/41€207k€199k
Trade receivables40€106k€60k
Other amounts receivable41€101k€139k
Cash at bank and in hand54/58€10k€5k
Deferred charges and accrued income490/1€357€923
Equity and liabilities
Total equity and liabilities10/49€615k€586k
Equity10/15€134k€135k
Contributions10/11€19k€19k=
Reserves13€115k€117k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€113k€115k
Amounts payable17/49€481k€451k
Amounts payable after more than one year17€332k€308k
Financial debts170/4€332k€308k
Amounts payable within one year42/48€149k€143k
Current portion of amounts payable after more than one year42€24k€24k=
Trade debts44€18k€7k
Suppliers440/4€18k€7k
Taxes, remuneration and social security45€31k€52k
Taxes450/3€31k€52k
Other amounts payable47/48€76k€60k
Income statement Code20232024
Remuneration, social security and pensions62€89-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€16k
Other operating charges640/8€1k€3k
Non-recurring operating charges66A-€34k
Gross operating margin9900€85k€78k
Operating profit (loss)9901€59k€25k
Financial income75/76B€680€3
Recurring financial income75€680€3
Financial charges65/66B€2k€18k
Recurring financial charges65€2k€18k
Profit (loss) for the period before taxes9903€58k€7k
Income taxes67/77€17k€3k
Profit (loss) for the period9904€41k€4k
Profit (loss) for the period to be appropriated9905€41k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€41k€4k
Transfer to equity691/2€41k€4k
To other reserves6921€41k€4k

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 58 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
31-12
Financial Highest result since 2018net €41k ▲438%
Operating result €59k, net result €41k, both a record.
31-12
Financial Equity above €100kEq €134k ▲44.2%
3 profitable years in a row build equity to €134k.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Back to profitnet €31k
Net result €31k after one loss-making year.
29-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
31-12
Financial Weakest financial yearnet €-15k ▼8458%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
09-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 70 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Brugge · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Spiegelrei 78000 Brugge
Ground area
204 m²
Building footprint
113 m²
Volume, LiDAR
1,262 m³
Parcel 31806F0590/00A000, Flanders · tallest building 13.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Quarter Mania
Spiegelrei 7, 8000 BruggeAgents specialised in the wholesale of other particular products
since 20092.176.388.604
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31806F0590/00A000
ProtectedMonument · Townscape or village viewSpiegelrei, Gouden-Handrei en Sint-Annarei met omgevingSource ↗
Flanders 204 m² 1 · 113 m² 13.6 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 15,350 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded17-02-2009
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
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.