MAXLI
ActiveMAXLI has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €412k and a net result of €-6k. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 60% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▲+1
Solvency69▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.38 against 2.69 in 2023; short-term debt: 41% and cash: 15.1% of total assets), but 55.7% 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.3%
Return on assets
-0.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
35 d late
2022
260 d late
2021
396 d late
2020
325 d late
2019
145 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▼ 3,038%
2023 · €-203
2018: €18k
2019: €11k
2020: €-44k
2021: €-32k
2022: €-502
2023: €-203
2018 → 2024
Working capital
€525k▲ 15.8%
2023 · €454k
2018: €634k
2019: €591k
2020: €554k
2021: €496k
2022: €484k
2023: €454k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€881k-€849k▼ 3.6%€419k▼ 50.7%€419k=€412k▼ 1.5%
Operating result€-23k-€19k€51k▲ 177%€17k▼ 66.0%€31k▲ 75.7%
Net result€-44k-€-32k▲ 28.8%€-502▲ 98.4%€-203▲ 59.6%€-6k▼ 3,038%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 76% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €931k
Fixed assets
€24k▼ 59.9%
Current assets
€907k▲ 25.6%
Equity and liabilities €931k
Equity
€412k▼ 1.5%
Debt
€519k▲ 42.6%
The debt ratio rises from 46.5% to 55.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▲
2023 · €55k
Cash flow
€31k▼
2023 · €37k
Solvency
44.3%▼
2023 · 53.5%
Current ratio
2.38▼
2023 · 2.69
Quick ratio
0.71▼
2023 · 1.04
Debt / equity
1.26▲
2023 · 0.87
ROE
-1.5%▼
2023 · 0.0%
ROA
-0.7%▼
2023 · 0.0%
Interest coverage
3.34▲
2023 · 3.18
Debt
€519k▲
2023 · €364k
Debt ≤ 1 year
€381k▲
2023 · €268k
Debt > 1 year
€137k▲
2023 · €96k
Income taxes
€17k▲
2023 · €490
Staff costs
€500▼
2023 · €46k
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€782k€931k▲
Fixed assets21/28€61k€24k▼
Tangible fixed assets22/27€59k€23k▼
Land and buildings22€59k€22k▼
Furniture and vehicles24€680€826▲
Financial fixed assets28€2k€2k=
Current assets29/58€722k€907k▲
Stocks and contracts in progress3€441k€635k▲
Stocks30/36€441k€635k▲
Amounts receivable within one year40/41€146k€131k▼
Trade receivables40€24k€127k▲
Other amounts receivable41€122k€4k▼
Cash at bank and in hand54/58€134k€141k▲
Deferred charges and accrued income490/1-€537
Equity and liabilities
Total equity and liabilities10/49€782k€931k▲
Equity10/15€419k€412k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€398k€392k▼
Amounts payable17/49€364k€519k▲
Amounts payable after more than one year17€96k€137k▲
Financial debts170/4€96k€27k▼
Other amounts payable178/9-€110k
Amounts payable within one year42/48€268k€381k▲
Current portion of amounts payable after more than one year42€67k€64k▼
Financial debts43€110k-
Credit institutions430/8€110k-
Trade debts44€2k€150▼
Suppliers440/4€2k€150▼
Taxes, remuneration and social security45€8k€46k▲
Taxes450/3-€46k
Remuneration and social security454/9€8k-
Other amounts payable47/48€81k€271k▲
Income statement
Code20232024
Remuneration, social security and pensions62€46k€500▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€37k▼
Other operating charges640/8€55€30k▲
Gross operating margin9900€100k€99k▼
Operating profit (loss)9901€17k€31k▲
Financial income75/76B-€468
Recurring financial income75-€468
Financial charges65/66B€17k€20k▲
Recurring financial charges65€17k€20k▲
Profit (loss) for the period before taxes9903€286€11k▲
Income taxes67/77€490€17k▲
Profit (loss) for the period9904€-203€-6k▼
Profit (loss) for the period to be appropriated9905€-203€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€398k€392k▼
Profit (loss) brought forward from the previous period14P€398k€398k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
16-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 260 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 396 days late
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 325 days late
2020
31-12
Financial
Weakest financial yearnet €-44k ▼490%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 145 days late
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 71 days late
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 39 days late
2016
13-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tubize · 1 establishment unit since 2002
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.
Square Fabelta 11480 TubizeGround area
1.9 ha
Building footprint
3,991 m²
Parcel 25105B0347/00F005, Wallonia. Linked by address, not a title deed.
1 establishment unit
Square Fabelta 1, 1480 Tubize
since 20022.113.108.376
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0347/00F005 | Wallonia | 1.9 ha | 1 · 3,991 m² | - |
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
CHANIA
BE 0897.796.465
Chaudfontaine · Eq €414k
LIEVENS KLEDING
BE 0436.669.056
Geel · Eq €411k
RASKIN
BE 0432.881.009
Sint-Truiden · Eq €407k
Fona
BE 0859.844.523
Leuven · Eq €419k
YANNUCCI
BE 0435.333.426
Turnhout · Eq €421k
Of 2,212 companies in sector 47711 we hold annual accounts for 890. 547 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-03-1994
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47712Retail trade
47713Retail trade
47714Retail trade
47715Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.