Maxxtools
Open bankruptcyA bankruptcy procedure is open for Maxxtools according to publications in the Belgian State Gazette; curator: ILSE ROOX. The file additionally contains 2 judicial reorganisations. The 2023 annual accounts show negative equity (€-1.36M) and a net result of €-3.40M.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2023
on the day
2021
11 d early
2020
95 d early
2019
73 d early
2018
56 d early
2017
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€-1.36M
2021 · €1.29M
2018: €94k
2019: €310k
2020: €740k
2021: €1.29M
2018 → 2023
Total assets
€3.83M▼ 41.0%
2021 · €6.49M
2018: €945k
2019: €2.74M
2020: €3.62M
2021: €6.49M
2018 → 2023
Net result
€-3.40M
2021 · €547k
2018: €33k
2019: €216k
2020: €430k
2021: €547k
2018 → 2023
Working capital
€1.62M▼ 53.3%
2021 · €3.47M
2018: €206k
2019: €717k
2020: €1.43M
2021: €3.47M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212023Trend
Equity€94k-€310k▲ 229%€740k▲ 139%€1.29M▲ 74.0%€-1.36M
Operating result€58k-€336k▲ 481%€671k▲ 99.6%€848k▲ 26.5%€-2.95M
Net result€33k-€216k▲ 548%€430k▲ 99.1%€547k▲ 27.4%€-3.40M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €-2.95M in 2023, compared with €848k in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €3.83M
Fixed assets
€196k▲ 28.7%
Current assets
€3.63M▼ 42.7%
Key figures and ratios
EBITDA
€-2.90M▼
2021 · €904k
Cash flow
€-3.35M▼
2021 · €602k
Solvency
-35.7%▼
2021 · 19.8%
Current ratio
1.81▼
2021 · 2.21
Quick ratio
0.34▼
2021 · 0.63
Debt / equity
-3.80▼
2021 · 4.04
ROA
-88.9%▼
2021 · 8.4%
Interest coverage
-6.32▼
2021 · 6.12
Debt
€5.19M▼
2021 · €5.20M
Debt ≤ 1 year
€2.01M▼
2021 · €2.86M
Debt > 1 year
€3.18M▲
2021 · €2.34M
Income taxes
€13k▼
2021 · €182k
Staff costs
€652k▲
2021 · €336k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2021
Balance sheet
Code20212023
Assets
Total assets20/58€6.49M€3.83M▼
Formation expenses20€0-
Fixed assets21/28€153k€196k▲
Intangible fixed assets21€35k€23k▼
Tangible fixed assets22/27€117k€150k▲
Land and buildings22€0€10k▲
Plant, machinery and equipment23€21k€39k▲
Furniture and vehicles24€37k€58k▲
Leasing and similar rights25€55k€39k▼
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28-€23k
Current assets29/58€6.34M€3.63M▼
Stocks and contracts in progress3€4.53M€2.94M▼
Stocks30/36€4.53M€2.94M▼
Amounts receivable within one year40/41€1.44M€589k▼
Trade receivables40€1.17M€448k▼
Other amounts receivable41€271k€141k▼
Cash at bank and in hand54/58€347k€85k▼
Deferred charges and accrued income490/1€19k€12k▼
Equity and liabilities
Total equity and liabilities10/49€6.49M€3.83M▼
Equity10/15€1.29M€-1.36M▼
Contributions10/11€19k€769k▲
Reserves13€1.27M€0▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€1.27M€0▼
Profit (loss) carried forward14-€-2.13M
Amounts payable17/49€5.20M€5.19M▼
Amounts payable after more than one year17€2.34M€3.18M▲
Financial debts170/4€2.34M€3.18M▲
Amounts payable within one year42/48€2.86M€2.01M▼
Current portion of amounts payable after more than one year42€446k€222k▼
Financial debts43€16€0▼
Credit institutions430/8€16€0▼
Trade debts44€1.89M€1.17M▼
Suppliers440/4€1.89M€1.17M▼
Taxes, remuneration and social security45€514k€538k▲
Taxes450/3€491k€482k▼
Remuneration and social security454/9€23k€57k▲
Other amounts payable47/48€10k€75k▲
Income statement
Code20212023
Non-recurring operating income76A€0€3k▲
Remuneration, social security and pensions62€336k€652k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€49k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1.21M
Other operating charges640/8€50k€21k▼
Non-recurring operating charges66A€17k€0▼
Gross operating margin9900€1.31M€-1.02M▼
Operating profit (loss)9901€848k€-2.95M▼
Financial income75/76B€29k€41k▲
Recurring financial income75€29k€24k▼
Non-recurring financial income76B-€17k
Financial charges65/66B€148k€477k▲
Recurring financial charges65€148k€459k▲
Non-recurring financial charges66B-€18k
Profit (loss) for the period before taxes9903€730k€-3.39M▼
Income taxes67/77€182k€13k▼
Profit (loss) for the period9904€547k€-3.40M▼
Profit (loss) for the period to be appropriated9905€547k€-3.40M▼
Appropriation of the result
Profit (loss) to be appropriated9906€547k€-3.40M▼
Transfer from equity791/2-€1.27M
Transfer to equity691/2€547k€0▼
To other reserves6921€547k€0▼
Social balance
Average headcount (FTE)90876.86.8=
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · MAXXTOOLS BV CENTRUM- ZUID 2084, 3530 HOUTHALEN-HELCHTEREN · event 02-07-2025
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
05-04
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · 20230028 · event 22-03-2024
2023
14-12
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 24-11-2023
30-09
Financial
Weakest financial yearnet €-3.40M ▼721%
Net result drops to €-3.40M, the lowest in the series.
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €547k ▲27.4%
Operating result €848k, net result €547k, both a record.
31-12
Financial
Equity above €1MEq €1.29M ▲74%
4 profitable years in a row build equity to €1.29M.
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €740k ▲139%
3 profitable years in a row build equity to €740k.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €310k ▲229%
2 profitable years in a row build equity to €310k.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Houthalen-Helchteren · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Centrum-Zuid 20843530 Houthalen-HelchterenGround area
7,710 m²
Building footprint
5,351 m²
Volume, LiDAR
34,162 m³
Parcel 72015C0777/00M000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Maxxtools
since 20162.258.104.075
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72015C0777/00M000 | Flanders | 7,710 m² | 1 · 5,351 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ILSE ROOX HASSALUTHDREEF 12B BUS 2,
3500 HASSELT |
02-07-2025 → present |
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 4,037 EUR awarded · 4,037 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 206 EUR | 206 EUR |
| 2022 | 3 | 3,831 EUR | 3,831 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
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Of 977 companies in sector 46431 we hold annual accounts for 705. 441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-11-2016
Fiscal year end30-09
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.