Equity
€45,781 ▲ 37.4%
MAXO has made a profit in every financial year since 2023.
MAXO
Lifetime
3 annual accounts with figures on one time axispeak €36,599 (2024)
€25,259▼ 31.0%
peak €20,820 (2024)
€12,453▼ 40.2%
peak €45,781 (2025)
€45,781▲ 37.4%
€38,045▲ 47.9%
Board1 name since 2022
1 directorDRUCHUK Avram
Documentsfilings and deeds
05-03-202656 days before the deadline
2025micro format
Gross margin from €36,599 to €25,259Result from €20,820 to €12,453Registered office moved from Dilbeek to Ninove 05-11Equity from €33,328 to €45,781Debts from €25,720 to €38,045Cash from €10,129 to €35,120
Key points
from the 2025 annual accountsChecked score
68
Healthy
Financially stronger than 73% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 1.9%▲ +0.1 percentage points vs 12-2024
02-2025: 2.0%▲ +0.1 percentage points vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.1%▲ +0.1 percentage points vs 03-2025
05-2025: 2.3%▲ +0.2 percentage points vs 04-2025
06-2025: 2.3%● unchanged vs 05-2025
07-2025: 2.3%● unchanged vs 06-2025
08-2025: 2.3%● unchanged vs 07-2025
09-2025: 2.3%● unchanged vs 08-2025
10-2025: 2.3%● unchanged vs 09-2025
11-2025: 2.3%● unchanged vs 10-2025
12-2025: 2.8%▲ +0.5 percentage points vs 11-2025
01-2026: 3.3%▲ +0.5 percentage points vs 12-2025
02-2026: 3.9%▲ +0.6 percentage points vs 01-2026highest value
03-2026: 3.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.0%▼ -2.8 percentage points vs 03-2026lowest value
05-2026: 1.0%● unchanged vs 04-2026lowest value
06-2026: 1.0%● unchanged vs 05-2026lowest value
07-2026: 1.0%● unchanged vs 06-2026lowest value
08-2026: 1.1%▲ +0.1 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2022
Sector: Construction of residential and non-residential buildings (NACE 41)
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.07, cash €35,120
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 63% of them on solvency, 81% on liquidity, 72% on profitability and 75% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MAXO has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MAXO itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for MAXO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.07 (1.91 in 2024), above the usual 1.5. Short-term debt is 45.4% and cash 41.9% of total assets. 45.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-03-2026, 56 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
56 days early
2024
27 days early
2023
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 39 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 29 March (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved from Dilbeek to Ninove
New registered office: Klein-Brabant 3, 9400 Ninove · Previous registered office: Sint-Alenallan 65/202, 1700 Dilbeek · General meeting of 04-09-2025 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: DRUCHUK Avram (comparant) · Appointment: DRUCHUK Avram (director) · published on 28-03-2022 · Gazette deed
First establishment
Sint-Alenalaan 65, Dilbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAXO Ninove | €83,826 | €25,259 | 54.6% | - |
| DRG SAM GROUP Ninove | €75,233 | €25,348 | 46.4% | - |
| RENOCLICK Sint-Lievens-Houtem | €71,760 | €27,755 | 28.0% | - |
| THUYS Maldegem | €81,253 | €20,529 | 57.9% | - |
| Dobbelaere Jarne Zulte | €79,964 | €25,081 | 52.2% | - |
| BVB@WORKX Geraardsbergen | €100,846 | €27,421 | 59.7% | - |
| ANTONIA CONSTRUCT Sint-Lievens-Houtem | €85,107 | €20,308 | 46.3% | - |
These companies have the same main activity as MAXO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €71,800 and €101,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 24-03-2022Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 4 others
- Establishment unit
- 2.330.063.5261700 Dilbeek, since 24-03-2022
- Financial year end
- 30 September
- Peppol
- Reachable
Annual accounts to 30-09-2025
- €83,826▲ 42.0%
- Filing
- Filed on 05-03-2026, 56 days before the end of the filing period
Insights on MAXO
MAXO files the micro format. That format states no turnover. The gross margin rose from €22,805 in 2023 to €25,259 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MAXO
- What is the company number of MAXO?
- The company number of MAXO is 0783.760.592. The VAT number is the same number with BE in front: BE 0783.760.592.
- Where is MAXO based?
- The registered office is at Klein-Brabant 3, 9400 Ninove.Company details
- What does MAXO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MAXO?
- MAXO is a private limited company (BV).
- When was MAXO founded?
- MAXO was founded on 24-03-2022.
- Is MAXO still active?
- Yes, MAXO is an active enterprise in the KBO register.
- What is the turnover of MAXO?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €25,259 and 164 comparable companies (NACE 41001). It probably lies between €98,000 and €320,000. In financial year 2024 turnover was €570,827.Financials
- Is MAXO profitable?
- In financial year 2025, MAXO made a profit of €12,453.
- Where can I find the annual accounts of MAXO?
- MAXO filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAXO due?
- MAXO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.