MAXO
Annual accounts 2025
micro format, filed on 05-03-2026, 56 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €83,826 on 30-09-2025in euro
in euro
Position in the sector
54.6%
Higher than 62% of 9,462 companies in 2025.
2.07
Higher than 60% of 9,210 companies in 2025.
14.9%
Higher than 67% of 9,282 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
83,826 | 59,048 | 22,585 | |
21/28 |
4,906 | 10,016 | 13,034 | |
22/27 |
4,606 | 9,716 | 13,034 | |
23 |
2,713 | 4,509 | - | |
24 |
1,892 | 5,207 | 13,034 | |
28 |
300 | 300 | - | |
29/58 |
78,921 | 49,032 | 9,551 | |
40/41 |
42,472 | 38,903 | 5,439 | |
40 |
31,001 | 31,006 | 3,407 | |
41 |
11,471 | 7,898 | 2,032 | |
54/58 |
35,120 | 10,129 | 3,668 | |
490/1 |
1,329 | - | 444 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
83,826 | 59,048 | 22,585 | |
10/15 |
45,781 | 33,328 | 12,509 | |
10/11 |
5,000 | 5,000 | 5,000 | |
14 |
40,781 | 28,328 | 7,509 | |
17/49 |
38,045 | 25,720 | 10,077 | |
42/48 |
38,045 | 25,720 | 10,077 | |
44 |
5,565 | 10,631 | 1,592 | |
440/4 |
5,565 | 10,631 | 1,592 | |
45 |
32,481 | 14,747 | 8,485 | |
450/3 |
14,731 | 5,247 | 1,885 | |
454/9 |
17,750 | 9,500 | 6,600 | |
47/48 |
- | 342 | - | |
| Income statement | ||||
70 |
- | 570,827 | - | |
9900 |
25,259 | 36,599 | 22,805 | |
60/61 |
- | 534,329 | - | |
630 |
3,555 | 9,818 | 13,386 | |
640/8 |
2,078 | - | - | |
9901 |
19,626 | 26,781 | 9,418 | |
75/76B |
410 | 9 | 1 | |
75 |
410 | 9 | 1 | |
65/66B |
3,099 | 723 | 26 | |
65 |
3,099 | 723 | 26 | |
9903 |
16,937 | 26,067 | 9,393 | |
67/77 |
4,484 | 5,247 | 1,885 | |
9904 |
12,453 | 20,820 | 7,509 | |
9905 |
12,453 | 20,820 | 7,509 | |
| Appropriation of the result | ||||
9906 |
40,781 | 28,328 | 7,509 | |
14P |
28,328 | 7,509 | - | |
| Document | ||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 05-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 23,181 | 36,599 | 22,805 | ||
| 16,008 | 30,638 | 20,895 | ||
| 1,755 | 6,800 | 26,421 | ||
| 24,991 | 6,462 | - | ||
| 40,875 | 23,313 | -526 | ||
| - | 4.7% | - | ||
| 54.6% | 56.4% | 55.4% | ||
| 2.07 | 1.91 | 0.95 | ||
| 0.83 | 0.77 | 0.81 | ||
| 27.2% | 62.5% | 60.0% | ||
| 14.9% | 35.3% | 33.2% | ||
| 7.48 | 50.64 | over 100 | ||
| - | 20 days | - | ||
| - | 7 days | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 |
|---|---|---|---|
| Tangible fixed assets | €1,755 | €6,500 | €26,421 |
| Financial fixed assets | - | €300 | - |
| €3,555 | €9,818 | €13,386 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MAXO
The operating result for 2025 is 27% lower than in 2024.
Debt's share of the balance-sheet total rises from 43.6% to 45.4%. Equity and debt are higher.