MAXSUR
ActiveSummary
MAXSUR is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. For MAXSUR, one annual filing is missing. The 2024 annual accounts show equity of €520,767 and a net result of €107,552. Equity has been growing by about 9.8% per year since 2018. Its solvency ranks better than 68% of 3,243 sector peers (NACE 66, financial year 2024). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-03-2014 Normal situation
- Activity
- Insurance agents and brokers NACE 66220and 1 other
- Establishment unit
- 2.273.443.636 2590 Berlaar, since 01-02-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2024
- Profit
- €107,552
- ▲ 313%
- Equity
- €520,767
- ▲ 26.0%
- Total assets
- €758,221
- ▲ 13.1%
- Employees on 31-12-2024
- 4
- ▲ 33.3%
- 2025 accounts not filed, 95 days past the deadline
Signalsraises riskAnnual accounts not filed2024 accounts filed 316 days lateShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Filing: One annual filing is missing
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 316 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2026, 316 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
316 days late
2023
132 days late
2022
91 days late
2021
61 days late
2020
90 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 135 days after the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 3 November 2026.
Annual accounts 2024 filed on 12-06-2026 at the NBB all 10 filings
Equity
€520,767▲ 26.0%
2023 · €413,215
Net result
€107,552▲ 313%
2023 · €26,017
Total assets
€758,221▲ 13.1%
2023 · €670,227
Solvency
68.7%▲ 7.0pp
2023 · 61.7%
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
€153,660
▲ 257%
2024
20182024
Net result
€107,552
▲ 313%
2024
highest quarter of the sector
20182024
Equity
€520,767
▲ 26.0%
2024
highest quarter of the sector
20182024
Total assets
€758,221
▲ 13.1%
2024
highest quarter of the sector
20182024
Debt
€237,453
▼ 7.6%
2024
20182024
Working capital
€217,874
▼ 4.3%
2024
highest quarter of the sector
20182024
Solvency
68.7%
▲ 7.0pp
2024
middle half of the sector
20182024
Current ratio
2.50
▼ 0.36
2024
middle half of the sector
20182024
Return on assets (ROA)
14.2%
▲ 10.3pp
2024
middle half of the sector
20182024
Staff (FTE)
3.9
▲ 18.2%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€0.05m-€0.1m▲ 147%€0.1m▲ 4.6%€0.06m▼ 54.3%-€0.02m€0.04m€0.2m▲ 257%
Net result€0.02m-€0.07m▲ 290%€0.08mabove the sector's middle half▲ 17.7%€0.04mwithin the sector's middle half▼ 56.1%-€0.03mbelow the sector's middle half€0.03mwithin the sector's middle half€0.1mabove the sector's middle half▲ 313%
Equity€0.2m-€0.3m▲ 32.3%€0.4mabove the sector's middle half▲ 28.7%€0.4mwithin the sector's middle half▲ 9.8%€0.4mwithin the sector's middle half▼ 7.4%€0.4mabove the sector's middle half▲ 6.7%€0.5mabove the sector's middle half▲ 26.0%
Total assets€1.1m-€1.0m▼ 1.6%€1.1mabove the sector's middle half▲ 2.2%€0.9mwithin the sector's middle half▼ 15.7%€0.8mwithin the sector's middle half▼ 13.7%€0.7mwithin the sector's middle half▼ 13.7%€0.8mabove the sector's middle half▲ 13.1%
Debt€0.8m-€0.7m▼ 10.6%€0.7m▼ 8.4%€0.5m▼ 29.8%€0.4m▼ 19.1%€0.3m▼ 33.9%€0.2m▼ 7.6%
Working capital€0.02m-€0.1m▲ 570%€0.2mabove the sector's middle half▲ 57.7%€0.2mwithin the sector's middle half▼ 2.6%€0.2mwithin the sector's middle half▼ 3.9%€0.2mabove the sector's middle half▲ 48.4%€0.2mabove the sector's middle half▼ 4.3%
Solvency21.1%-28.4%▲ 7.3pp35.7%within the sector's middle half▲ 7.4pp46.5%within the sector's middle half▲ 10.8pp49.9%within the sector's middle half▲ 3.4pp61.7%within the sector's middle half▲ 11.8pp68.7%within the sector's middle half▲ 7.0pp
Current ratio1.07-1.41▲ 0.351.57within the sector's middle half▲ 0.151.87within the sector's middle half▲ 0.311.83within the sector's middle half▼ 0.052.86within the sector's middle half▲ 1.032.50within the sector's middle half▼ 0.36
Return on assets (ROA)1.7%-6.9%▲ 5.2pp8.0%within the sector's middle half▲ 1.1pp4.1%within the sector's middle half▼ 3.8pp-4.0%below the sector's middle half▼ 8.1pp3.9%within the sector's middle half▲ 7.9pp14.2%within the sector's middle half▲ 10.3pp
Staff (FTE)4.9-4.7▼ 4.1%4.1above the sector's middle half▼ 12.8%3.8within the sector's middle half▼ 7.3%3.8within the sector's middle half=3.3▼ 13.2%3.9▲ 18.2%
above
within
below
The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is nearly 3.6 times that of 2023 and the highest since 2020. It is the second rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €758,221
Fixed assets
€394,976 ▲ 23.4%
Current assets
€363,245 ▲ 3.8%
Equity and liabilities €758,221
Equity
€520,767 ▲ 26.0%
Debt
€237,453 ▼ 7.6%
Debt's share of the balance-sheet total falls from 38.3% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
20.7%▲
2023 · 6.3%
Debt ≤ 1 year
€145,370▲
2023 · €122,429
Debt > 1 year
€92,083▼
2023 · €134,583
Income taxes
€43,208▲
2023 · €10,940
Staff costs
€206,039▲
2023 · €194,736
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 5 | 3 | 4 |
| full-time | 1 | 1 | - | 1 |
| part-time | 4 | 4 | 3 | 3 |
| in full-time equivalents | 3.8 | 3.8 | 2.2 | 3.2 |
| Average over the year, in full-time equivalents | 3.8 | 3.8 | 2.5 | 2.7 |
| On a permanent contract | 5 | 5 | 3 | 4 |
| Joined | - | - | 0 | 1 |
| Left | - | - | 2 | 0 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €396,823 | €298,333 | - | - |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €74,175 | €8,577 | €8,143 | €88,924 |
| Intangible fixed assets | - | - | - | €95,000 |
| Depreciation and write-downs of the year | €131,041 | €128,439 | €125,015 | €109,031 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €413 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €232,822 | €253,468 | €194,736 | €206,039 | ▲ 5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €130,098 | €128,761 | €128,893 | €131,041 | €128,439 | €125,015 | €109,031 | ▼ 12.8% |
| Other operating charges640/8 | - | - | - | €1,793 | €2,014 | €1,949 | €1,397 | ▼ 28.3% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €34 | - |
| Gross operating margin9900 | €411,619 | €489,687 | €487,493 | €425,082 | €362,359 | €364,699 | €470,162 | ▲ 28.9% |
| Operating profit (loss)9901 | €50,231 | €124,296 | €130,031 | €59,426 | -€21,562 | €42,998 | €153,660 | ▲ 257% |
| Financial income75/76B | - | - | - | €133 | €9 | €1,046 | €977 | ▼ 6.5% |
| Recurring financial income75 | €223 | €0 | €212 | €133 | €9 | €1,046 | €977 | ▼ 6.5% |
| Financial charges65/66B | - | - | - | €13,247 | €9,363 | €7,087 | €3,878 | ▼ 45.3% |
| Recurring financial charges65 | €23,809 | €22,702 | €18,325 | €13,247 | €9,363 | €7,087 | €3,878 | ▼ 45.3% |
| Profit (loss) for the period before taxes9903 | €26,646 | €101,595 | €111,917 | €46,312 | -€30,917 | €36,957 | €150,760 | ▲ 308% |
| Income taxes67/77 | €8,118 | €29,399 | €26,933 | €9,009 | €117 | €10,940 | €43,208 | ▲ 295% |
| Profit (loss) for the period9904 | €18,528 | €72,196 | €84,984 | €37,303 | -€31,034 | €26,017 | €107,552 | ▲ 313% |
| Profit (loss) for the period to be appropriated9905 | €18,338 | €72,041 | €84,984 | €37,303 | -€31,034 | €26,017 | €107,552 | ▲ 313% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.1m | €1.0m | €1.1m | €0.9m | €0.8m | €0.7m | €0.8m | ▲ 13.1% |
| Fixed assets21/28 | €0.8m | €0.7m | €0.6m | €0.6m | €0.4m | €0.3m | €0.4m | ▲ 23.4% |
| Intangible fixed assets21 | €0.7m | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | €0.2m | ▲ 8.1% |
| Tangible fixed assets22/27 | €0.08m | €0.06m | €0.09m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 52.1% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.007m | €0.005m | €0.02m | ▲ 224% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.04m | €0.03m | €0.09m | ▲ 168% |
| Other tangible fixed assets26 | - | - | - | €0.09m | €0.08m | €0.07m | €0.06m | ▼ 15.3% |
| Financial fixed assets28 | €0.001m | €0.001m | €150 | €150 | €150 | €75 | €75 | = |
| Current assets29/58 | €0.3m | €0.4m | €0.5m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 3.8% |
| Amounts receivable within one year40/41 | €0.01m | €28 | - | €0.01m | €0.02m | - | - | - |
| Trade receivables40 | - | - | - | €0.003m | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.01m | €0.02m | - | - | - |
| Current investments50/53 | - | - | - | - | - | - | €0.3m | - |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.1m | ▼ 70.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.007m | €0.008m | €0.006m | ▼ 24.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.1m | €0.9m | €0.8m | €0.7m | €0.8m | ▲ 13.1% |
| Equity10/15 | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 26.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 27.3% |
| Tax-exempt reserves132 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 27.3% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.7m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 7.6% |
| Amounts payable after more than one year17 | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | €0.1m | €0.09m | ▼ 31.6% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.1m | €0.09m | ▼ 31.6% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 18.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.07m | €0.04m | ▼ 38.2% |
| Trade debts44 | €0.02m | €0.02m | €0.02m | €0.01m | €0.01m | €0.02m | €0.02m | ▲ 15.7% |
| Suppliers440/4 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | ▲ 15.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.05m | €0.02m | €0.07m | ▲ 207% |
| Taxes450/3 | - | - | - | €0.02m | €0.001m | €0.001m | €0.04m | ▲ 30× |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.05m | €0.02m | €0.02m | ▲ 11.6% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.03m | €0.01m | €0.01m | ▲ 14.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,528 | €72,196 | €84,984 | €37,303 | -€31,034 | €26,017 | €107,552 | ▲ 313% |
| + Depreciation and write-downs630 | €130,098 | €128,761 | €128,893 | €131,041 | €128,439 | €125,015 | €109,031 | ▼ 12.8% |
| Operating cash flow (approximation) | €148,626 | €200,957 | €213,878 | €168,344 | €97,405 | €151,032 | €216,584 | ▲ 43.4% |
| Investment in fixed assets (approximation) | - | -€8,253 | -€53,708 | -€74,175 | -€8,577 | -€8,068 | -€183,890 | ▼ 2,179% |
| Change in cash | - | €121,685 | €96,739 | -€122,877 | -€11,132 | €29,469 | -€241,946 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 12-06-2026 | 2026-00173887 | |
| 31-12-2023 | micro format | 10-12-2024 | 2024-00613277 | |
| 31-12-2022 | abbreviated format | 30-10-2023 | 2023-00504993 | |
| 31-12-2021 | abbreviated format | 30-09-2022 | 2022-20455862 | |
| 31-12-2020 | micro format | 29-10-2021 | 2021-75800405 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-74000026 | |
| 31-12-2018 | micro format | 10-10-2019 | 2019-69400281 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-66800329 | |
| 31-12-2016 | micro format | 29-09-2017 | 2017-64900325 | |
| 31-12-2015 | abbreviated format | 30-09-2016 | 2016-64200410 |
Board & ownership
Directors
Directors
1 director
Maes Mario
Current
Owners and capital
Owners
Network & group
MAXSUR shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MAXSUR. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
2026
12-06
micro format · 316 days late
2024
31-12
Financial
Highest result from 2018 to 2024net €107,552 ▲313%
The operating result of €153,660 and the net result of €107,552 are both a record.
31-12
Financial
Equity above €500,000equity €520,767 ▲26%
After 2 profitable years in a row, equity reaches €520,767.
10-12
micro format · 132 days late
2023
31-12
Financial
Back to profitnet €26,017
The net result is €26,017, after one loss-making year.
30-10
abbreviated format · 91 days late
2022
31-12
Financial
Weakest financial yearnet -€31,034
The net result drops to -€31,034, the lowest from 2018 to 2024. It recovers the following year.
30-09
abbreviated format · 61 days late
2021
29-10
micro format · 90 days late
2020
30-11
micro format · 122 days late
2019
10-10
micro format · 71 days late
2018
28-09
micro format · 59 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MAXSUR in Dutch
Enterprise number
0548.740.480
Legal form
Private limited company
Status
Active, normale toestand
Founded
20-03-2014
Entity type
Legal entity
Registered office and establishments
Registered office
Dorpsstraat 26, 2590 Berlaar, Belgium
Establishment unit
MAXSUR, Dorpsstraat 26, 2590 Berlaar since 01-02-2018 · unit number 2.273.443.636
Activities
NACEBEL 2025VAT activities
66220
Insurance agents and brokers main activity
66191
Agents and brokers in banking services
Social security (RSZ) activities
66191
Agents and brokers in banking services main activity
Codes under NACEBEL 2008
VAT activities
66220
Activities auxiliary to financial services and insurance activities main activity
66191
Agents and brokers in banking services
Social security (RSZ) activities
66191
Agents and brokers in banking services main activity
Invoicing and payment
VAT number
BE 0548.740.480
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
217 m²
Building footprint
129 m²
Building volume
712 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12002A0236/00P000 | Flanders | 217 m² | 1 · 129 m² | 10.2 m · 2 |