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MaximO

Active
Private limited companyfounded 2006active for 20 yearsTerlinden 30, 1785 Merchtem, BelgiumKBO/BCE: BE 0878.461.692
Summary

MaximO has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,418 and a net result of €15,560. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 43% of 38,834 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (27 days) Filed on 27 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00044697.

Equity
€132,418▲ 13.3%
2024 · €116,858
Total assets
€275,280▼ 11.5%
2024 · €310,907
Net result
€15,560▼ 24.8%
2024 · €20,696
Working capital
-€117,795▲ 8.2%
2024 · -€128,257
Trend over the years

2021 to 2025, 5 financial years

The operating result falls in 2025; 2025 is 18% below 2024.

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

Operating result€31,299 2025 Net result€15,560 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€41,658-€53,603▲ 28.7%€29,401▼ 45.1%€38,319▲ 30.3%€31,299▼ 18.3%
Net result-€433,439below the sector's middle half-€36,011within the sector's middle half€17,400within the sector's middle half▼ 51.7%€20,696within the sector's middle half▲ 18.9%€15,560within the sector's middle half▼ 24.8%
Equity€42,752below the sector's middle half-€78,762within the sector's middle half▲ 84.2%€96,162within the sector's middle half▲ 22.1%€116,858within the sector's middle half▲ 21.5%€132,418within the sector's middle half▲ 13.3%
Total assets€255,275below the sector's middle half-€266,286within the sector's middle half▲ 4.3%€278,342within the sector's middle half▲ 4.5%€310,907within the sector's middle half▲ 11.7%€275,280within the sector's middle half▼ 11.5%
Debt€212,524-€187,523▼ 11.8%€182,180▼ 2.8%€194,049▲ 6.5%€142,862▼ 26.4%
Working capital-€169,189below the sector's middle half--€138,593below the sector's middle half▲ 18.1%-€149,875below the sector's middle half▼ 8.1%-€128,257below the sector's middle half▲ 14.4%-€117,795below the sector's middle half▲ 8.2%
Solvency16.7%below the sector's middle half-29.6%within the sector's middle half▲ 12.8pp34.5%within the sector's middle half▲ 5.0pp37.6%within the sector's middle half▲ 3.0pp48.1%within the sector's middle half▲ 10.5pp
Current ratio0.20below the sector's middle half-0.26below the sector's middle half▲ 0.060.18below the sector's middle half▼ 0.080.34below the sector's middle half▲ 0.160.18below the sector's middle half▼ 0.16
Return on assets (ROA)-169.8%below the sector's middle half-13.5%within the sector's middle half▲ 183.3pp6.3%within the sector's middle half▼ 7.3pp6.7%within the sector's middle half▲ 0.4pp5.7%within the sector's middle half▼ 1.0pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: 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 €275,280
Fixed assets €250,213 ▲ 2.1%
Current assets €25,066 ▼ 61.9%
Equity and liabilities €275,280
Equity €132,418 ▲ 13.3%
Debt €142,862 ▼ 26.4%
Debt's share of the balance-sheet total falls from 62.4% to 51.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€34,922▼
2024 · €41,746
Cash flow
€19,182▼
2024 · €24,123
Debt to equity
1.08▼
2024 · 1.66
ROE
11.8%▼
2024 · 17.7%
Interest coverage
4.57▼
2024 · 5.87
Debt ≤ 1 year
€142,862▼
2024 · €194,049
Income taxes
€8,097▼
2024 · €10,506
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€310,907€275,280▼
Fixed assets21/28€245,115€250,213▲
Tangible fixed assets22/27€34,745€39,843▲
Land and buildings22€24,647€30,708▲
Plant, machinery and equipment23€5,511€4,396▼
Furniture and vehicles24€4,587€4,739▲
Financial fixed assets28€210,370€210,370=
Current assets29/58€65,792€25,066▼
Amounts receivable within one year40/41€5,759€6,029▲
Trade receivables40€5,748€5,748=
Other amounts receivable41€11€281▲
Cash at bank and in hand54/58€60,033€19,038▼
Equity and liabilities
Total equity and liabilities10/49€310,907€275,280▼
Equity10/15€116,858€132,418▲
Contributions10/11€50,000€50,000=
Reserves13€66,858€82,418▲
Distributable reserves133€66,858€82,418▲
Amounts payable17/49€194,049€142,862▼
Amounts payable within one year42/48€194,049€142,862▼
Trade debts44€570€551▼
Suppliers440/4€570€551▼
Taxes, remuneration and social security45€6,291€1,608▼
Taxes450/3€6,291€1,608▼
Other amounts payable47/48€187,188€140,702▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,427€3,622▲
Other operating charges640/8€384€387▲
Gross operating margin9900€42,130€35,309▼
Operating profit (loss)9901€38,319€31,299▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€7,117€7,642▲
Recurring financial charges65€7,117€7,642▲
Profit (loss) for the period before taxes9903€31,202€23,657▼
Income taxes67/77€10,506€8,097▼
Profit (loss) for the period9904€20,696€15,560▼
Profit (loss) for the period to be appropriated9905€20,696€15,560▼
Appropriation of the result
Profit (loss) to be appropriated9906€20,696€15,560▼
Transfer to equity691/2€20,696€15,560▼
To other reserves6921€20,696€15,560▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83€780€2,121€3,427€3,622▲ 5.7%
Other operating charges640/8-€348€348€384€387▲ 0.8%
Gross operating margin9900€41,741€54,730€31,870€42,130€35,309▼ 16.2%
Operating profit (loss)9901€41,658€53,603€29,401€38,319€31,299▼ 18.3%
Financial income75/76B-€0€0€0€0▼ 50.0%
Recurring financial income75-€0€0€0€0▼ 50.0%
Financial charges65/66B-€4,163€3,882€7,117€7,642▲ 7.4%
Recurring financial charges65€4,461€4,163€3,882€7,117€7,642▲ 7.4%
Profit (loss) for the period before taxes9903-€423,827€49,440€25,520€31,202€23,657▼ 24.2%
Income taxes67/77€9,612€13,429€8,120€10,506€8,097▼ 22.9%
Profit (loss) for the period9904-€433,439€36,011€17,400€20,696€15,560▼ 24.8%
Profit (loss) for the period to be appropriated9905-€433,439€36,011€17,400€20,696€15,560▼ 24.8%
Line20212022202320242025Change
Assets
Total assets20/58€255,275€266,286€278,342€310,907€275,280▼ 11.5%
Fixed assets21/28€211,941€217,355€246,037€245,115€250,213▲ 2.1%
Tangible fixed assets22/27€1,570€6,985€35,666€34,745€39,843▲ 14.7%
Land and buildings22--€25,814€24,647€30,708▲ 24.6%
Plant, machinery and equipment23-€2,061€5,635€5,511€4,396▼ 20.2%
Furniture and vehicles24-€4,924€4,217€4,587€4,739▲ 3.3%
Financial fixed assets28€210,370€210,370€210,370€210,370€210,370=
Current assets29/58€43,335€48,931€32,305€65,792€25,066▼ 61.9%
Amounts receivable within one year40/41€29,166€4,316-€5,759€6,029▲ 4.7%
Trade receivables40-€4,316-€5,748€5,748=
Other amounts receivable41---€11€281▲ 2,354%
Cash at bank and in hand54/58€14,169€44,606€32,305€60,033€19,038▼ 68.3%
Deferred charges and accrued income490/1-€8----
Equity and liabilities
Total equity and liabilities10/49€255,275€266,286€278,342€310,907€275,280▼ 11.5%
Equity10/15€42,752€78,762€96,162€116,858€132,418▲ 13.3%
Contributions10/11-€50,000€50,000€50,000€50,000=
Reserves13€15,530€28,762€46,162€66,858€82,418▲ 23.3%
Distributable reserves133-€28,762€46,162€66,858€82,418▲ 23.3%
Profit (loss) carried forward14-€22,778-----
Amounts payable17/49€212,524€187,523€182,180€194,049€142,862▼ 26.4%
Amounts payable within one year42/48€212,524€187,523€182,180€194,049€142,862▼ 26.4%
Trade debts44€857€538€462€570€551▼ 3.4%
Suppliers440/4-€538€462€570€551▼ 3.4%
Taxes, remuneration and social security45-€6,180€926€6,291€1,608▼ 74.4%
Taxes450/3-€6,180€926€6,291€1,608▼ 74.4%
Other amounts payable47/48-€180,806€180,792€187,188€140,702▼ 24.8%
Line20212022202320242025Change
Profit (loss) for the period9904-€433,439€36,011€17,400€20,696€15,560▼ 24.8%
+ Depreciation and write-downs630€83€780€2,121€3,427€3,622▲ 5.7%
Operating cash flow (approximation)-€433,357€36,790€19,521€24,123€19,182▼ 20.5%
Investment in fixed assets (approximation)--€6,194-€30,803-€2,505-€8,720▼ 248%
Change in cash-€30,437-€12,301€27,728-€40,995-

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

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Filings with the National Bank (5)
Financial year Type Filed Reference
30-06-2025 micro format 27-02-2026 2026-00044697
30-06-2024 micro format 04-02-2025 2025-00030396
30-06-2023 micro format 31-01-2024 2024-00020876
30-06-2022 micro format 30-01-2023 2023-00015621
30-06-2021 abbreviated format 31-01-2022 2022-04900559

Similar companies · same sector, comparable size

Of the 82,290 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 53,868. 41,838 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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