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Maxxccel

Active
Public limited companyfounded 198045 yrs activeNoordstraat 23, 8800 Roeselare, BelgiumKBO/BCE: BE 0421.189.638
Summary

Maxxccel has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €372,803 and a net result of €8,885. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▼-29
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
short-term debt: 0.1% and cash: 2.4% of total assets, and 22.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 45 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
77.9%
Return on assets
1.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
7 d early
2023
6 d early
2022
68 d early
2021
2 d early
2020
6 d early
2019
33 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 November 1980, Maxxccel was incorporated.1 Total assets went from EUR 186,358 in 2018 to EUR 478,278 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€372,803▲ 2.4%
2024 · €363,918
Total assets
€478,278▲ 2.0%
2024 · €468,768
Net result
€8,885▼ 97.1%
2024 · €308,370
Working capital
€419,128▲ 2,704%
2023 · €14,946
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€6,879▲ 58.9%€104,384-€6,359€404,378-€7,990
Net result-€7,435below the sector's middle half▲ 54.4%€90,059above the sector's middle half-€6,464below the sector's middle half€308,370above the sector's middle half€8,885within the sector's middle half▼ 97.1%
Equity€131,506within the sector's middle half▼ 5.4%€211,841within the sector's middle half▲ 61.1%€55,548within the sector's middle half▼ 73.8%€363,918above the sector's middle half▲ 555%€372,803within the sector's middle half▲ 2.4%
Total assets€195,083within the sector's middle half▲ 0.2%€237,103within the sector's middle half▲ 21.5%€55,548below the sector's middle half▼ 76.6%€468,768within the sector's middle half▲ 744%€478,278within the sector's middle half▲ 2.0%
Debt€63,577▲ 13.9%€25,262▼ 60.3%€0▼ 100%€625
Working capital€96,878▼ 10.0%€185,787▲ 91.8%€14,946▼ 92.0%€419,128
Solvency67.4%within the sector's middle half▼ 3.9pp89.3%above the sector's middle half▲ 21.9pp100.0%above the sector's middle half▲ 10.7pp77.6%within the sector's middle half▼ 22.4pp77.9%within the sector's middle half▲ 0.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2025 Net result -97% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2021: -€6,879-€6,879Net result 2021: -€7,435-€7,435Operating result 2022: €104,384€104,384Net result 2022: €90,059€90,059Operating result 2023: -€6,359-€6,359Net result 2023: -€6,464-€6,464Operating result 2024: €404,378€404,378Net result 2024: €308,370€308,370Operating result 2025: -€7,990-€7,990Net result 2025: €8,885€8,88520212022202320242025-€200,000€0€200,000€400,000Operating result 2023: -€6,359-€6,360Net result 2023: -€6,464-€6,460Operating result 2024: €404,378€404,000Net result 2024: €308,370€308,000Operating result 2025: -€7,990-€7,990Net result 2025: €8,885€8,890202320242025
The operating result turns negative in 2025: a loss of €7,990 after €404,378 in 2024, the lowest result in the available series.
Balance-sheet composition
Assets €478,278
Fixed assets €58,525
Current assets €419,753
Equity and liabilities €478,278
Equity €372,803
Provisions €104,850
Debt €625
Debt finances 0.1% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,937▼
2024 · €404,378
Cash flow
€19,813▼
2024 · €308,370
Debt to equity
0.00
ROE
2.4%▼
2024 · 84.7%
ROA
1.9%▼
2024 · 65.8%
Interest coverage
14.65▼
2024 · 2692.80
Debt ≤ 1 year
€625
A ratio outside any meaningful range has been withheld (balance sheet total €478,278, equity €372,803).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,684 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€468,768€478,278▲
Fixed assets21/28€0€58,525▲
Tangible fixed assets22/27€0€58,525▲
Land and buildings22€0€58,525▲
Current assets29/58€468,768€419,753▼
Amounts receivable within one year40/41€1,444€283,136▲
Other amounts receivable41€1,444€283,136▲
Current investments50/53€460,000€125,000▼
Cash at bank and in hand54/58€6,253€11,618▲
Deferred charges and accrued income490/1€1,070€0▼
Equity and liabilities
Total equity and liabilities10/49€468,768€478,278▲
Equity10/15€363,918€372,803▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€315,060€315,060=
Non-distributable reserves130/1€512€512=
Legal reserve130€512€512=
Tax-exempt reserves132€314,549€314,549=
Profit (loss) carried forward14-€12,642-€3,757▲
Provisions and deferred taxes16€104,850€104,850=
Deferred taxes168€104,850€104,850=
Amounts payable17/49-€625
Amounts payable within one year42/48-€625
Trade debts44-€625
Suppliers440/4-€625
Income statement Code20242025
Non-recurring operating income76A€419,398€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0€10,927▲
Other operating charges640/8€1,752€907▼
Gross operating margin9900€406,130€3,844▼
Operating profit (loss)9901€404,378-€7,990▼
Financial income75/76B€8,992€17,076▲
Recurring financial income75€8,992€17,076▲
Financial charges65/66B€150€200▲
Recurring financial charges65€150€200▲
Profit (loss) for the period before taxes9903€413,220€8,885▼
Transfer to deferred taxes680€104,850€0▼
Profit (loss) for the period9904€308,370€8,885▼
Transfer to tax-exempt reserves689€314,549€0▼
Profit (loss) for the period to be appropriated9905-€6,178€8,885▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,642-€3,757▲
Profit (loss) brought forward from the previous period14P-€6,464-€12,642▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€288,520€0€419,398€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€595€240€1,402€0€10,927-
Other operating charges640/8€5,373€5,579€3,847€1,752€907▼ 48.2%
Non-recurring operating charges66A-€156,620€0---
Gross operating margin9900-€911€266,824-€1,110€406,130€3,844▼ 99.1%
Operating profit (loss)9901-€6,879€104,384-€6,359€404,378-€7,990▼ 102%
Financial income75/76B€2,026€0€7€8,992€17,076▲ 89.9%
Recurring financial income75€2,026€0€7€8,992€17,076▲ 89.9%
Financial charges65/66B€2,583€2,234€112€150€200▲ 33.4%
Recurring financial charges65€2,583€2,234€112€150€200▲ 33.4%
Profit (loss) for the period before taxes9903-€7,435€102,150-€6,464€413,220€8,885▼ 97.8%
Transfer to deferred taxes680---€104,850€0▼ 100%
Income taxes67/77-€12,091€0---
Profit (loss) for the period9904-€7,435€90,059-€6,464€308,370€8,885▼ 97.1%
Transfer to tax-exempt reserves689---€314,549€0▼ 100%
Profit (loss) for the period to be appropriated9905-€7,435€90,059-€6,464-€6,178€8,885▲ 244%
Line20212022202320242025Change
Assets
Total assets20/58€195,083€237,103€55,548€468,768€478,278▲ 2.0%
Fixed assets21/28€34,628€27,908€40,602€0€58,525-
Tangible fixed assets22/27€34,628€27,908€40,602€0€58,525-
Land and buildings22€33,354€27,908€40,602€0€58,525-
Plant, machinery and equipment23€1,274€0----
Current assets29/58€160,455€209,195€14,946€468,768€419,753▼ 10.5%
Amounts receivable within one year40/41€156,620€0€1,006€1,444€283,136▲ 19,504%
Other amounts receivable41€156,620€0€1,006€1,444€283,136▲ 19,504%
Current investments50/53---€460,000€125,000▼ 72.8%
Cash at bank and in hand54/58€777€207,892€12,564€6,253€11,618▲ 85.8%
Deferred charges and accrued income490/1€3,058€1,302€1,376€1,070€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€195,083€237,103€55,548€468,768€478,278▲ 2.0%
Equity10/15€131,506€211,841€55,548€363,918€372,803▲ 2.4%
Contributions10/11€211,329€211,329€61,500€61,500€61,500=
Capital10€211,329€211,329€61,500€61,500€61,500=
Issued capital100€211,329€211,329€61,500€61,500€61,500=
Reserves13-€512€512€315,060€315,060=
Non-distributable reserves130/1-€512€512€512€512=
Legal reserve130-€512€512€512€512=
Tax-exempt reserves132---€314,549€314,549=
Profit (loss) carried forward14-€79,823€0-€6,464-€12,642-€3,757▲ 70.3%
Provisions and deferred taxes16---€104,850€104,850=
Deferred taxes168---€104,850€104,850=
Amounts payable17/49€63,577€25,262€0-€625-
Amounts payable within one year42/48€63,577€23,408€0-€625-
Trade debts44€59€1,593€0-€625-
Suppliers440/4€59€1,593€0-€625-
Taxes, remuneration and social security45€743€12,091€0---
Taxes450/3€743€12,091€0---
Other amounts payable47/48€62,775€9,724€0---
Accrued charges and deferred income492/3-€1,854€0---
Line20212022202320242025Change
Profit (loss) for the period9904-€7,435€90,059-€6,464€308,370€8,885▼ 97.1%
+ Depreciation and write-downs630€595€240€1,402€0€10,927-
Operating cash flow (approximation)-€6,841€90,299-€5,062€308,370€19,813▼ 93.6%
Investment in fixed assets (approximation)-€6,480-€14,096€40,602-€69,452▼ 271%
Change in cash-€207,116-€195,329-€6,311€5,365▲ 185%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €308,370
Net result €308,370 after one loss-making year.
31-12
Financial Equity above €200,000Eq €363,918 ▲555%
Equity rises from €55,548 to €363,918.
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €90,059
Net result €90,059 after 4 loss-making years.
31-12
Financial Liquidity quadruplescurrent ratio 8.94
Current ratio from 2.52 to 8.94; short-term debt falls from €63,577 to €23,408.
31-12
Financial Equity above €200,000Eq €211,841 ▲61.1%
Equity rises from €131,506 to €211,841.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial Weakest financial yearnet -€26,513
Net result drops to -€26,513, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 1981
seat establishment The establishment unit on the map
Ground area
318 m²
Building footprint
314 m²
Volume, LiDAR
2,783 m³
Parcel 36504D1297/00H000, Flanders · tallest building 15.9 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
IMMO D S
Noordstraat 23, 8800 RoeselareBusiness and other management consultancy
since 19812.018.584.648
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36504D1297/00H000 Flanders 318 m² 1 · 314 m² 15.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. STRATEGOS 100%
  2. Maxxccel

Highest known parent: STRATEGOS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 36,811 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded26-11-1980
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0421189638
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.