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MAXTIAN DEVELOPMENT

Active
Private limited companyfounded 1992active for 34 yearsLieven Gevaertstraat 12, 2950 Kapellen, BelgiumKBO/BCE: BE 0447.778.229
Summary

MAXTIAN DEVELOPMENT has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,197 and a net result of €14,502. Equity has been growing by about 44% per year since 2018. Its solvency ranks better than 53% of 8,583 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 01-07-1992 Normal situation
Activity
Market research and public opinion polling NACE 73200and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.058.594.079 2950 Kapellen, since 21-08-1992
2.058.594.178 2950 Kapellen, since 18-02-2000
Financial year end
31 December
Peppol
Reachable

Board and ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€184,795
▲ 13.5%
Turnover
≈ €340,000
estimated
Profit
€14,502
▲ 352%
Equity
€138,197
▼ 7.1%
Total assets
€242,468
▲ 2.2%
Employees on 31-12-2025
3
=
Score breakdownlowers riskLiquidity: current ratio 2.36, cash €65,580Founded in 1992Equity €138,197 (57.0% of total assets)Size: total assets €242,468Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 82-6
equity 57.0% of total assets
Liquidity 66+24
short-term debt 38.9% · cash 27.0%
Profitability 76+6
return on assets 6.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: < 0.1% 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: 0.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.2 percentage points vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.36 (3.06 in 2024), above the usual 1.5. Short-term debt is 38.9% and cash 27% of total assets. 43% of the assets are financed with debt and provisions.
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 73, micro). It does better than 55% of them on solvency, 58% on liquidity, 48% on profitability and 33% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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 riskneutral
lowers risk · Liquidity: current ratio 2.36, cash €65,580
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €138,197 (57.0% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €242,468
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 days early
2024
58 days early
2023
55 days early
2022
53 days early
2021
17 days early
2020
5 days early
2019
38 days late
← 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 29 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 08-06-2026 PDF all 33 filings

Turnover
≈ €340,000
Estimated: probably between €260,000 and €680,000
Total assets
€242,468▲ 2.2%
2024 · €237,153
Net result
€14,502▲ 352%
2024 · €3,207
Working capital
€128,507▼ 8.6%
2024 · €140,536
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€21,495
▲ 258% 2025
20182025
Net result
€14,502
▲ 352% 2025
middle half of the sector
20182025
Equity
€138,197
▼ 7.1% 2025
middle half of the sector
20182025
Total assets
€242,468
▲ 2.2% 2025
middle half of the sector
20182025
Debt
€104,271
▲ 17.9% 2025
20182025
Working capital
€128,507
▼ 8.6% 2025
highest quarter of the sector
20182025
Solvency
57.0%
▼ 5.7pp 2025
middle half of the sector
20182025
Current ratio
2.36
▼ 0.70 2025
middle half of the sector
20182025
Return on assets (ROA)
6.0%
▲ 4.6pp 2025
middle half of the sector
20182025
Staff (FTE)
2.8
= 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€4,371-€40,034€51,579▲ 28.8%€47,592▼ 7.7%€78,542▲ 65.0%€73,191▼ 6.8%€6,007▼ 91.8%€21,495▲ 258%
Net result-€5,344-€39,804€50,852above the sector's middle half▲ 27.8%€33,718within the sector's middle half▼ 33.7%€51,636above the sector's middle half▲ 53.1%€47,636above the sector's middle half▼ 7.7%€3,207within the sector's middle half▼ 93.3%€14,502within the sector's middle half▲ 352%
Equity-€78,157--€38,353▲ 50.9%€12,499below the sector's middle half€46,217within the sector's middle half▲ 270%€97,853within the sector's middle half▲ 112%€145,489within the sector's middle half▲ 48.7%€148,695within the sector's middle half▲ 2.2%€138,197within the sector's middle half▼ 7.1%
Total assets€16,232-€12,814▼ 21.1%€68,719within the sector's middle half▲ 436%€119,784within the sector's middle half▲ 74.3%€243,051within the sector's middle half▲ 103%€284,732within the sector's middle half▲ 17.1%€237,153within the sector's middle half▼ 16.7%€242,468within the sector's middle half▲ 2.2%
Debt€94,388-€51,167▼ 45.8%€56,220▲ 9.9%€73,567▲ 30.9%€145,198▲ 97.4%€139,243▼ 4.1%€88,458▼ 36.5%€104,271▲ 17.9%
Working capital-€78,263--€40,195▲ 48.6%€13,673within the sector's middle half€45,949within the sector's middle half▲ 236%€88,573within the sector's middle half▲ 92.8%€136,667above the sector's middle half▲ 54.3%€140,536above the sector's middle half▲ 2.8%€128,507above the sector's middle half▼ 8.6%
Solvency-481.5%--299.3%▲ 182.2pp18.2%below the sector's middle half▲ 317.5pp38.6%within the sector's middle half▲ 20.4pp40.3%within the sector's middle half▲ 1.7pp51.1%within the sector's middle half▲ 10.8pp62.7%within the sector's middle half▲ 11.6pp57.0%within the sector's middle half▼ 5.7pp
Current ratio0.03-0.12▲ 0.091.25within the sector's middle half▲ 1.131.62within the sector's middle half▲ 0.371.83within the sector's middle half▲ 0.202.24within the sector's middle half▲ 0.413.06within the sector's middle half▲ 0.822.36within the sector's middle half▼ 0.70
Return on assets (ROA)-32.9%-310.6%▲ 343.6pp74.0%above the sector's middle half▼ 236.6pp28.1%above the sector's middle half▼ 45.9pp21.2%within the sector's middle half▼ 6.9pp16.7%within the sector's middle half▼ 4.5pp1.4%within the sector's middle half▼ 15.4pp6.0%within the sector's middle half▲ 4.6pp
Staff (FTE)3.8-3▼ 21.1%3above the sector's middle half=2.9▼ 3.3%2.8▼ 3.4%2.8=2.8=2.8=
above within below The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). 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 2025 is nearly 3.6 times that of 2024. It is a recovery after the fall in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242,468
Fixed assets €19,609 ▼ 30.9%
Current assets €222,860 ▲ 6.8%
Equity and liabilities €242,468
Equity €138,197 ▼ 7.1%
Debt €104,271 ▲ 17.9%
Debt's share of the balance-sheet total rises from 37.3% to 43.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31,096▲
2024 · €15,596
Cash flow
€24,103▲
2024 · €12,796
Debt to equity
0.75▲
2024 · 0.59
ROE
10.5%▲
2024 · 2.2%
Interest coverage
18.39▲
2024 · 7.09
Debt ≤ 1 year
€94,353▲
2024 · €68,229
Debt > 1 year
€9,541▼
2024 · €19,549
Income taxes
€7,052▲
2024 · €1,646
Staff costs
€152,557▲
2024 · €146,049
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date33333
full-time22222
part-time11111
in full-time equivalents2.82.82.82.82.8
Average over the year, in full-time equivalents2.92.82.82.82.8
On a permanent contract33333

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets-€47,946--€822
Financial fixed assets----€0
Depreciation and write-downs of the year€89€509€9,678€9,589€9,601

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€237,153€242,468▲
Fixed assets21/28€28,387€19,609▼
Tangible fixed assets22/27€28,347€19,569▼
Plant, machinery and equipment23€0€811▲
Leasing and similar rights25€28,347€18,758▼
Financial fixed assets28€40€40=
Current assets29/58€208,766€222,860▲
Amounts receivable within one year40/41€202,113€156,832▼
Trade receivables40€148,393€102,009▼
Other amounts receivable41€53,720€54,823▲
Cash at bank and in hand54/58€6,653€65,580▲
Deferred charges and accrued income490/1-€448
Equity and liabilities
Total equity and liabilities10/49€237,153€242,468▲
Equity10/15€148,695€138,197▼
Contributions10/11€18,600€18,600=
Reserves13€130,095€119,597▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€128,235€117,737▼
Profit (loss) carried forward14-€0
Amounts payable17/49€88,458€104,271▲
Amounts payable after more than one year17€19,549€9,541▼
Financial debts170/4€19,549€9,541▼
Amounts payable within one year42/48€68,229€94,353▲
Current portion of amounts payable after more than one year42€14,162€15,183▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€17,426€24,055▲
Suppliers440/4€17,426€24,055▲
Taxes, remuneration and social security45€36,642€30,116▼
Taxes450/3€15,940€9,391▼
Remuneration and social security454/9€20,701€20,725▲
Other amounts payable47/48-€25,000
Accrued charges and deferred income492/3€679€377▼
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€146,049€152,557▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,589€9,601▲
Other operating charges640/8€1,108€1,141▲
Gross operating margin9900€162,753€184,795▲
Operating profit (loss)9901€6,007€21,495▲
Financial income75/76B€1,045€1,750▲
Recurring financial income75€1,045€1,750▲
Financial charges65/66B€2,199€1,691▼
Recurring financial charges65€2,199€1,691▼
Profit (loss) for the period before taxes9903€4,852€21,555▲
Income taxes67/77€1,646€7,052▲
Profit (loss) for the period9904€3,207€14,502▲
Profit (loss) for the period to be appropriated9905€3,207€14,502▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,207€14,502▲
Transfer from equity791/2-€25,000
Transfer to equity691/2€3,207€14,502▲
To other reserves6921€3,207€14,502▲
Profit to be distributed694/7-€25,000
Return on contributions (dividend)694-€25,000

The notes to these accounts have 9 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 08-06-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€4,000€0--
Remuneration, social security and pensions62---€132,294€129,943€141,227€146,049€152,557▲ 4.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18,410€6,974€6,974€89€509€9,678€9,589€9,601▲ 0.1%
Other operating charges640/8---€919€934€1,142€1,108€1,141▲ 3.0%
Gross operating margin9900€160,519€170,567€155,113€180,894€209,929€225,238€162,753€184,795▲ 13.5%
Operating profit (loss)9901-€4,371€40,034€51,579€47,592€78,542€73,191€6,007€21,495▲ 258%
Financial income75/76B----€0€0€1,045€1,750▲ 67.4%
Recurring financial income75€2€208--€0€0€1,045€1,750▲ 67.4%
Financial charges65/66B---€633€985€2,474€2,199€1,691▼ 23.1%
Recurring financial charges65€976€438€727€632€985€2,474€2,199€1,691▼ 23.1%
Non-recurring financial charges66B---€1-----
Profit (loss) for the period before taxes9903-€5,344€39,804€50,852€46,959€77,557€70,717€4,852€21,555▲ 344%
Income taxes67/77---€13,241€25,922€23,081€1,646€7,052▲ 329%
Profit (loss) for the period9904-€5,344€39,804€50,852€33,718€51,636€47,636€3,207€14,502▲ 352%
Profit (loss) for the period to be appropriated9905-€5,344€39,804€50,852€33,718€51,636€47,636€3,207€14,502▲ 352%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€16,232€12,814€68,719€119,784€243,051€284,732€237,153€242,468▲ 2.2%
Fixed assets21/28€13,860€7,331€357€268€47,655€37,976€28,387€19,609▼ 30.9%
Tangible fixed assets22/27€13,771€7,242€267€178€47,615€37,936€28,347€19,569▼ 31.0%
Plant, machinery and equipment23---€178€89€0€0€811▲ 81,060×
Leasing and similar rights25----€47,526€37,936€28,347€18,758▼ 33.8%
Financial fixed assets28€90€90€90€90€40€40€40€40=
Current assets29/58€2,371€5,483€68,362€119,517€195,397€246,755€208,766€222,860▲ 6.8%
Amounts receivable within one year40/41€293€5,383€64,048€107,076€187,192€157,803€202,113€156,832▼ 22.4%
Trade receivables40---€107,076€187,192€157,803€148,393€102,009▼ 31.3%
Other amounts receivable41------€53,720€54,823▲ 2.1%
Cash at bank and in hand54/58€920€17€4,223€12,097€7,975€88,952€6,653€65,580▲ 886%
Deferred charges and accrued income490/1---€344€229€0-€448-
Equity and liabilities
Total equity and liabilities10/49€16,232€12,814€68,719€119,784€243,051€284,732€237,153€242,468▲ 2.2%
Equity10/15-€78,157-€38,353€12,499€46,217€97,853€145,489€148,695€138,197▼ 7.1%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€11,318€11,318€11,318€27,617€79,253€126,889€130,095€119,597▼ 8.1%
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133---€25,757€77,393€125,029€128,235€117,737▼ 8.2%
Profit (loss) carried forward14-€108,075-€68,271-€17,419----€0-
Amounts payable17/49€94,388€51,167€56,220€73,567€145,198€139,243€88,458€104,271▲ 17.9%
Amounts payable after more than one year17€13,724€5,489€1,531-€38,375€29,155€19,549€9,541▼ 51.2%
Financial debts170/4----€38,375€29,155€19,549€9,541▼ 51.2%
Amounts payable within one year42/48€80,634€45,678€54,689€73,567€106,823€110,088€68,229€94,353▲ 38.3%
Current portion of amounts payable after more than one year42---€15,176€21,361€16,716€14,162€15,183▲ 7.2%
Financial debts43-----€15,000€0--
Credit institutions430/8-----€15,000€0--
Trade debts44€46,661€18,171€19,410€18,500€16,554€18,099€17,426€24,055▲ 38.0%
Suppliers440/4---€18,500€16,554€18,099€17,426€24,055▲ 38.0%
Taxes, remuneration and social security45---€39,890€68,909€60,273€36,642€30,116▼ 17.8%
Taxes450/3---€21,781€50,784€40,635€15,940€9,391▼ 41.1%
Remuneration and social security454/9---€18,109€18,124€19,638€20,701€20,725▲ 0.1%
Other amounts payable47/48-------€25,000-
Accrued charges and deferred income492/3------€679€377▼ 44.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€5,344€39,804€50,852€33,718€51,636€47,636€3,207€14,502▲ 352%
+ Depreciation and write-downs630€18,410€6,974€6,974€89€509€9,678€9,589€9,601▲ 0.1%
Operating cash flow (approximation)€13,066€46,779€57,827€33,807€52,145€57,314€12,796€24,103▲ 88.4%
Investment in fixed assets (approximation)--€445€0€0-€47,896€0€0-€822-
Change in cash--€902€4,206€7,874-€4,121€80,977-€82,299€58,927-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 31,368 companies had the same profile as MAXTIAN DEVELOPMENT has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
93.5% was still going
5.9% stopped otherwise
0.5% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MAXTIAN DEVELOPMENT itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,368 companies, not a prediction for MAXTIAN DEVELOPMENT. 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.

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 08-06-2026 2026-00151925 PDF
31-12-2024 micro format 03-06-2025 2025-00123346 PDF
31-12-2023 micro format 06-06-2024 2024-00120993 PDF
31-12-2022 micro format 08-06-2023 2023-00121801 PDF
31-12-2021 micro format 14-07-2022 2022-20188559 PDF
31-12-2020 micro format 26-07-2021 2021-39800090 PDF
31-12-2019 micro format 07-09-2020 2020-51600149 PDF
31-12-2018 micro format 19-07-2019 2019-35500047 PDF
31-12-2017 micro format 06-08-2018 2018-43500086 PDF
31-12-2016 abbreviated format 17-08-2017 2017-44300590 PDF

Show all 33 filings

Board & ownership

Directors

Directors
1 director
JEGERS Jo Hubert Berthe
Director · in office according to the act of 22-09-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 08-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 22-09-2023

Owners and capital

Capital transactions

Capital over time
  1. 22-09-2023 Converted to unavailable equity

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, algemene vergadering bepaalt aantal,duur opdracht…”

Articles of association, deed of 22-09-2023 (in Dutch)

Network & group

MAXTIAN DEVELOPMENT shares no director with another company.

Companies at the same address

2 other companies

Connections & network

1 current director
Depth

The network starts from the directors of MAXTIAN DEVELOPMENT. 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

Deadline for the 2026 accounts: 31-07-2027
2026
08-06
NBB filing Annual accounts 2025 filedPDF
micro format · 53 days before the deadline
2025
03-06
NBB filing Annual accounts 2024 filedPDF
micro format · 58 days before the deadline
2024
06-06
NBB filing Annual accounts 2023 filedPDF
micro format · 55 days before the deadline
2023
31-12
Financial Equity above €100,000equity €145,489 ▲48.7%
After 5 profitable years in a row, equity reaches €145,489.
22-09
Gazette deed Reappointment: JEGERS Jo Hubert Berthe (director)
Permanent representative: JEGERS Jo Hubert Berthe · Legal form clause · Amendment of the articles11 points ▸
  • General meeting, 11-09-2023
  • Other provision, “aanpassing statuten aan WVV, artikel 39 §1,eerste en derde lid,wet van 2019-03-23 tot invoering WVV” (deed in Dutch)
  • Legal form clause, “behouden, besloten vennootschap” (deed in Dutch)
  • Amendment of the articles, 1
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffen, statutair onbeschikbare eigen vermogensrekening per artikel 39,§2,tweede lid” (deed in Dutch)
  • Amendment of the articles
  • Kind of shares, “ieder aandeel gelijk recht in winstverdeling en vereffeningssaldo”, 125 (deed in Dutch)
  • Registered office clause, “2950 Kapellen,Lieven Gevaertstraat 12” (deed in Dutch)
  • Director reappointment, JEGERS Jo Hubert Berthe (director)
  • Permanent representative, JEGERS Jo Hubert Berthe

Open the act in the Belgian Official Gazette

08-06
NBB filing Annual accounts 2022 filedPDF
micro format · 53 days before the deadline
2022
31-12
Financial Highest result from 2018 to 2025net €51,636 ▲53.1%
The operating result of €78,542 and the net result of €51,636 are both a record.
14-07
NBB filing Annual accounts 2021 filedPDF
micro format · 17 days before the deadline
2021
26-07
NBB filing Annual accounts 2020 filedPDF
micro format · 5 days before the deadline
2020
31-12
Financial Liquidity more than 10 timescurrent ratio 1.25
The current ratio rises from 0.12 to 1.25.
07-09
NBB filing Annual accounts 2019 filedPDF
micro format · 38 days late
2019
31-12
Financial Back to profitnet €39,804
The net result is €39,804, after one loss-making year.
Show earlier events
19-07
NBB filing Annual accounts 2018 filedPDF
micro format · 12 days before the deadline
2018
06-08
NBB filing Annual accounts 2017 filedPDF
micro format · 6 days late
2017
17-08
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 17 days late
1992
23-07
Gazette deed Incorporation
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

On 1 July 1992, MAXTIAN DEVELOPMENT was incorporated.1 JEGERS Jo Hubert Berthe is director of the company according to the act of 22-09-2023.2 Total assets went from €16,232 in 2018 to €242,468 in 2025 and headcount from 3.8 to 2.8 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-09-2023
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name MAXTIAN DEVELOPMENT in Dutch
Enterprise number 0447.778.229
Legal form Private limited company
Status Active, normale toestand
Founded 01-07-1992
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 22-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…”
deed of 22-09-2023 (in Dutch)

Registered office and establishments

Registered office Lieven Gevaertstraat 12, 2950 Kapellen, Belgium
Establishment units Lieven Gevaertstraat 12, 2950 Kapellen since 21-08-1992 · unit number 2.058.594.07918130 Pre-press and pre-media services
Hoogboomsteenweg 85, 2950 Kapellen since 18-02-2000 · unit number 2.058.594.178

Activities

NACEBEL 2025
VAT activities
73200 Market research and public opinion polling main activity
Social security (RSZ) activities
18130 Pre-press and pre-media services main activity
Codes under NACEBEL 2008
VAT activities
73200 Advertising, market research and public relations activities main activity
Social security (RSZ) activities
18130 Pre-press and pre-media services main activity
Codes under NACEBEL 2003
VAT activities
74131 main activity
Social security (RSZ) activities
22250 main activity
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025

Invoicing and payment

VAT number BE 0447.778.229
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0447778229
Other Peppol ID 9925:BE0447778229

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of June at 10:00
deed of 22-09-2023 (in Dutch)

Sites & property

Location
registered office establishment All 2 establishment units on the map
3 companies at this address See who is registered here

Buildings and parcels at the addresses

Ground area
4,860 m²
Building footprint
1,355 m²
Building volume
9,008 m³
Tallest building: 9.3 m.
Cadastral parcel Region Area Buildings Height / floors
11362H0591/00A000 Flanders 2,604 m² 1 · 1,193 m² 7.6 m · 2
11362M0192/00T000 Flanders 2,256 m² 1 · 161 m² 9.3 m · 2