Skip to content

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 39,131 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
€275,280total assets 2025
Equity
€132,418
Profit
€15,560
Turnover not published (abbreviated or micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Holdings
2
2025 accounts filed 27 days late2 deeds in the Belgian Official Gazette
Why 92raises riskLiquidity: current ratio 0.18, cash €19,038, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €275,280Founded in 2006Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Average
Solvency 73+10
equity 48.1% of total assets
Liquidity 32-9
short-term debt 51.9% · cash 6.9%
Profitability 64-12
return on assets 5.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,438 companies, NACE 70, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025highest value 03-2025: < 0.1%▼ -0.2 percentage points vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: 0.1%▲ +0.1 percentage points vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.18, compared with 0.34 in 2024, below 1; short-term debt: 51.9% and cash: 6.9% of total assets), and 51.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 44% on solvency, 14% on liquidity, 28% on profitability and 61% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €275,280
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.18, cash €19,038, halved
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
27 days late
2024
4 days late
2023
on the day
2022
1 day early
2021
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 6 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end25-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Equity above €100,000equity €116,858 ▲21.5%

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▲ 25×
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.

Download as CSV

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 82,448 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,247. 42,040 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.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 30-06-2025

According to the annual accounts to 30-06-2025 of MaximO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1

History

MaximO was incorporated on 10 January 2006.1 Total assets went from €255,275 in 2021 to €275,280 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-01-2027
2026
27-02
NBB filing Annual accounts filed
financial year 2025 · micro format · 27 days late
2025
04-02
NBB filing Annual accounts filed
financial year 2024 · micro format · 4 days late
2024
30-06
Financial Equity above €100,000equity €116,858 ▲21.5%
3 profitable years in a row build equity to €116,858.
06-02
Gazette deed Correction · General meeting
Annual general meeting · Amendment of the articles
31-01
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
28-12
Gazette deed General meeting · Annual general meeting
Amendment of the articles · Legal-form conversion
30-01
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
30-06
Financial Back to profitnet €36,011
Net result €36,011 after one loss-making year.
31-01
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded10-01-2006
Financial year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
47120Other non-specialised retail sale
47639Retail sale of other sporting goods
85510Sports and recreation education
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0878461692
Also 9925:BE0878461692
Registered 30-08-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 25 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2006
registered office establishment The establishment unit on the map
Ground area
619 m²
Building footprint
152 m²
Building volume
853 m³
Parcel 23052E0183/00D000, Flanders · tallest building 7.4 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MaximO
Terlinden 30, 1785 MerchtemBusiness and other management consultancy
since 2006unit no. 2.151.216.213
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23052E0183/00D000 Flanders 619 m² 1 · 152 m² 7.4 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.