Equity
€208,689 ▲ 0.8%
MAXOTHEEK paid out €14,900 in dividends. That is 90% of the 2025 profit.
MAXOTHEEK
Lifetime
14 annual accounts with figures on one time axispeak €72,023 (2021)
€32,981▼ 29.4%
lowest -€13,063 (2014)
€16,596▲ 46.1%
peak €208,689 (2025)
€208,689▲ 0.8%
€86,230▲ 15.6%
Board1 name since 2010
1 directorGhesquière Katie
Documentsfilings and deeds
12-01-202619 days before the deadline
2025abbreviated format
Gross margin from €46,731 to €32,981Result from €11,358 to €16,596Dividend €14,900Debts from €74,567 to €86,230Investments €23,197
Key points
from the 2025 annual accountsInvestments
€23,197 3.5 × depreciation
Green is investment, beige is depreciation.
Filings
14 annual accounts since 2012
The 2017 accounts came 34 days late. The other nine of the last ten were filed on time.
Checked score
97
Excellent
Financially stronger than 72% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
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%● unchanged 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 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.18, cash €152,136
Equity €208,689 (70.8% of total assets)
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 13-01-2026)
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 68, micro). It does better than 78% of them on solvency, 91% on liquidity, 71% on profitability and 48% 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as MAXOTHEEK has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MAXOTHEEK itself: < 0.1% 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 34,693 companies, not a prediction for MAXOTHEEK. 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 €20,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.18 (3.7 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 51.6% of total assets. 29.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
19 days early
2024
11 days early
2023
12 days early
2022
13 days early
2021
13 days early
2020
3 days early
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 18 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0829213111
First establishment
Max Makelaar; Maxotheek; Maxwaardig, Hendrik Serruyslaan 2, Ostend
Incorporation
published on 15-09-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MAXOTHEEK Gistel | €294,919 | €32,981 | 70.8% | - |
| PRACXIS Kortrijk | €281,933 | €36,840 | 70.4% | - |
| RIZZOLI-DACHE Charleroi | €274,699 | €36,702 | 25.0% | 1.2 |
| XIMMOZ Lubbeek | €270,909 | €35,176 | 55.1% | - |
| RUN IMMO Watermael-Boitsfort | €311,767 | €31,271 | 9.2% | - |
| S.A. WINANT MARRA IMMOBILIER Jemeppe-sur-Sambre | €303,190 | €31,174 | 1.8% | 0.3 |
| LUKSECO Chaumont-Gistoux | €260,033 | €32,945 | 62.4% | - |
These companies have the same main activity as MAXOTHEEK: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €260,000 and €312,000, founded between 2008 and 2012.
Official details
Source: KBO- Status
- Active since 13-09-2010Normal situation
- Activity
- Real estate agency activitiesNACE 68310and 2 others
- Establishment unit
- 2.192.825.7488400 Ostend, since 25-10-2010
- Financial year end
- 30 June
- Peppol
- Reachable since 05-01-2026
Annual accounts to 30-06-2025
- ≈ €72,000estimated
- €294,919▲ 4.7%
- Filing
- Filed on 12-01-2026, 19 days before the end of the filing period
Insights on MAXOTHEEK
MAXOTHEEK files the abbreviated format. That format states no turnover. The gross margin rose from €15,979 in 2012 to €32,981 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 MAXOTHEEK
- What is the company number of MAXOTHEEK?
- The company number of MAXOTHEEK is 0829.213.111. The VAT number is the same number with BE in front: BE 0829.213.111.
- Where is MAXOTHEEK based?
- The registered office is at Moerdijkstraat 5, 8470 Gistel.Company details
- What does MAXOTHEEK do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of MAXOTHEEK?
- MAXOTHEEK is a private limited company (pre-2019) (BVBA).
- When was MAXOTHEEK founded?
- MAXOTHEEK was founded on 13-09-2010.
- Is MAXOTHEEK still active?
- Yes, MAXOTHEEK is an active enterprise in the KBO register.
- What is the turnover of MAXOTHEEK?
- The turnover in financial year 2025 is ≈ €72,000. This figure is estimated from the gross margin of €32,981 and 32 comparable companies (NACE 683). It probably lies between €49,000 and €130,000.Financials
- Is MAXOTHEEK profitable?
- In financial year 2025, MAXOTHEEK made a profit of €16,596.
- Where can I find the annual accounts of MAXOTHEEK?
- MAXOTHEEK filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MAXOTHEEK due?
- MAXOTHEEK must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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