Equity
Equity fell by 53% in 11 years.
Equity fell by 53% in 11 years.
Every financial year from 2022 to 2025 closed with a loss. 2022 was the heaviest.
Latest accounts filed late: after the legal deadline.
In July 2024, 6,920 companies had the same profile as MAYCOM has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for MAYCOM. 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.
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.
| Company | ||||
|---|---|---|---|---|
| MAYCOM Dinant | €399,801 | -€4,152 | 47.3% | - |
| IMMO-TRADING & CO Namur | €363,597 | -€5,546 | -41.3% | - |
| AR Creaties Wetteren | €387,483 | -€65,333 | -118.8% | 2.8 |
| SK-PROJECTS Schilde | €435,081 | -€59,272 | 39.2% | - |
| TDV Landen | €453,709 | -€12,075 | 11.1% | - |
| GLUNBERSH Ixelles | €420,397 | -€27,820 | -138.9% | - |
| CORMANIMMO Welkenraedt | €460,149 | -€14,781 | 47.1% | - |
These companies have the same main activity as MAYCOM: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €364,000 and €460,000, founded between 2012 and 2014.
MAYCOM files the micro format. That format states no turnover. The gross margin fell from -€116 in 2014 to -€4,152 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 62% of 19,803 companies in 2025.
Higher than 6% of 18,977 companies in 2025.
Higher than 17% of 19,446 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 31-12-20167 months | 31-05-2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
399,801 | 410,640 | 444,189 | 489,141 | 527,729 | 501,243 | 523,043 | 535,446 | 542,891 | 509,195 | 507,925 | 423,612 | 410,105 | |
21/28 |
394,655 | 410,087 | 425,599 | 439,618 | 455,086 | 500,708 | 516,557 | 531,408 | 539,793 | 506,024 | 504,994 | 414,994 | 396,557 | |
22/27 |
394,398 | 409,830 | 425,342 | 439,361 | 454,829 | 500,450 | 516,329 | 531,408 | 539,793 | 506,024 | 504,994 | 414,994 | 396,557 | |
22 |
392,921 | 408,195 | 423,469 | 438,743 | 454,017 | 499,445 | 514,872 | 529,499 | 537,432 | 504,361 | 504,361 | 414,361 | 395,845 | |
23 |
- | 0 | 0 | 0 | - | - | 258 | 515 | 773 | 1,030 | - | - | - | |
24 |
1,476 | 1,635 | 1,793 | 460 | 575 | 689 | 804 | 919 | 1,034 | - | - | - | - | |
26 |
- | 0 | 79 | 158 | 237 | 316 | 396 | 475 | 554 | 633 | 633 | 633 | 712 | |
28 |
257 | 257 | 257 | 257 | 257 | 257 | 227 | - | - | - | - | - | - | |
29/58 |
5,146 | 553 | 18,590 | 49,523 | 72,643 | 535 | 6,486 | 4,037 | 3,098 | 3,171 | 2,931 | 8,618 | 13,548 | |
40/41 |
5,078 | 553 | 644 | 20,679 | 20,283 | 492 | 6,466 | 279 | 2,703 | 3,171 | 2,931 | 6,861 | 3,311 | |
40 |
5,000 | - | - | 20,000 | 20,000 | - | 5,500 | - | - | - | - | - | - | |
41 |
78 | 553 | 644 | 679 | 283 | 492 | 966 | 279 | 2,703 | 3,171 | 2,931 | 6,861 | 3,311 | |
54/58 |
68 | - | 17,946 | 28,844 | 52,347 | 31 | 8 | 3,759 | 395 | - | - | 1,757 | 10,237 | |
490/1 |
- | - | - | - | 12 | 12 | 12 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
399,801 | 410,640 | 444,189 | 489,141 | 527,729 | 501,243 | 523,043 | 535,446 | 542,891 | 509,195 | 507,925 | 423,612 | 410,105 | |
10/15 |
189,081 | 208,754 | 238,241 | 273,043 | 311,005 | 272,160 | 301,616 | 343,218 | 369,620 | 392,797 | 394,048 | 398,722 | 402,313 | |
10/11 |
463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 421,000 | 421,000 | |
100 |
- | - | - | - | - | - | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | 42,000 | 42,000 | |
11 |
- | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | - | - | - | - | - | - | - | |
1109/19 |
- | 463,000 | 463,000 | 463,000 | 463,000 | 463,000 | - | - | - | - | - | - | - | |
14 |
-273,919 | -254,246 | -224,759 | -189,957 | -151,995 | -190,840 | -161,384 | -119,782 | -93,380 | -70,203 | -68,952 | -22,278 | -18,687 | |
17/49 |
210,720 | 201,887 | 205,948 | 216,099 | 216,724 | 229,082 | 221,427 | 192,228 | 173,271 | 116,398 | 113,877 | 24,890 | 7,792 | |
17 |
84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 21,000 | - | |
170/4 |
84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 84,163 | 21,000 | - | |
42/48 |
126,556 | 117,723 | 121,785 | 131,935 | 132,561 | 144,919 | 137,264 | 108,064 | 89,108 | 32,235 | 29,713 | 3,890 | 7,792 | |
44 |
0 | - | 236 | 61 | 885 | 832 | 8,479 | 8,303 | 30,136 | - | 814 | 3,539 | 4,200 | |
440/4 |
0 | - | 236 | 61 | 885 | 832 | 8,479 | 8,303 | 30,136 | - | 814 | 3,539 | 4,200 | |
45 |
- | 20 | 20 | - | - | - | - | - | - | - | - | 350 | 167 | |
450/3 |
- | 20 | 20 | - | - | - | - | - | - | - | 0 | 31 | 167 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | 0 | 319 | - | |
47/48 |
126,556 | 117,704 | 121,529 | 131,875 | 131,676 | 144,087 | 128,785 | 99,761 | 58,971 | 32,235 | 28,900 | - | 3,425 | |
| Income statement | ||||||||||||||
76A |
- | - | - | - | 65,000 | - | - | - | - | - | - | - | - | |
9900 |
-4,152 | -9,760 | -14,953 | -18,653 | 58,405 | -3,464 | -18,565 | -7,133 | -3,393 | -994 | -33,171 | 11,372 | -116 | |
60/61 |
- | - | - | - | - | - | - | - | - | 994 | - | - | - | |
62 |
- | - | - | - | - | - | 3,476 | - | - | - | - | - | - | |
630 |
15,432 | 15,512 | 15,474 | 15,468 | 15,621 | 15,879 | 15,879 | 15,799 | 15,198 | 258 | 7,316 | 11,713 | 16,800 | |
640/8 |
- | 4,076 | 4,054 | 3,714 | 3,620 | 10,042 | 3,633 | 3,374 | 4,556 | - | 4,853 | 3,184 | 1,580 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | 12 | |
9901 |
-19,584 | -29,348 | -34,481 | -37,836 | 39,163 | -29,385 | -41,553 | -26,305 | -23,147 | -1,251 | -45,340 | -3,525 | -18,496 | |
75/76B |
- | - | 1 | - | - | 0 | 0 | - | - | - | - | 9 | - | |
75 |
- | - | 1 | - | - | 0 | 0 | - | - | - | - | 9 | - | |
65/66B |
88 | 140 | 322 | 127 | 318 | 71 | 50 | 97 | 30 | - | 1,334 | 74 | 179 | |
65 |
88 | 140 | 322 | 127 | 318 | 71 | 50 | 97 | 30 | - | 1,334 | 74 | 179 | |
9903 |
-19,672 | -29,488 | -34,802 | -37,962 | 38,845 | -29,455 | -41,602 | -26,403 | -23,177 | -1,251 | -46,674 | -3,591 | -18,687 | |
9904 |
-19,672 | -29,488 | -34,802 | -37,962 | 38,845 | -29,455 | -41,602 | -26,403 | -23,177 | -1,251 | -46,674 | -3,591 | -18,687 | |
9905 |
-19,672 | -29,488 | -34,802 | -37,962 | 38,845 | -29,455 | -41,602 | -26,403 | -23,177 | -1,251 | -46,674 | -3,591 | -18,687 | |
| Appropriation of the result | ||||||||||||||
9906 |
-273,919 | -254,246 | -224,759 | -189,957 | -151,995 | -190,840 | -161,384 | -119,782 | -93,380 | -70,203 | -68,952 | -22,278 | -18,687 | |
14P |
-254,246 | -224,759 | -189,957 | -151,995 | -190,840 | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-10-2026.
2025 annual accounts filed 83 days after the deadline. Filed on 22 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00570312.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-10-2026 | 2026-00570312 | |
| 31-12-2024 | micro format | 27-11-2025 | 2025-00571667 | |
| 31-12-2023 | micro format | 05-09-2024 | 2024-00454904 | |
| 31-12-2022 | micro format | 28-09-2023 | 2023-00457313 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20402294 | |
| 31-12-2020 | micro format | 10-11-2021 | 2021-77100293 | |
| 31-12-2019 | micro format | 12-11-2020 | 2020-71000373 | |
| 31-12-2018 | micro format | 31-08-2019 | 2019-61900038 | |
| 31-12-2017 | micro format | 29-09-2018 | 2018-67000450 | |
| 31-12-2016 | full format | 07-08-2017 | 2017-41600587 | |
| 31-05-2016 | full format | 29-03-2017 | 2017-07900230 | |
| 31-05-2015 | full format | 18-01-2016 | 2016-02300117 | |
| 31-05-2014 | full format | 14-11-2014 | 2014-66900430 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 31-12-20167 months | 31-05-2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -4,152 | -13,836 | -19,007 | -22,368 | 54,785 | -13,506 | -25,674 | -10,506 | -7,949 | -994 | -38,024 | 8,188 | -1,696 | ||
| -4,240 | -13,976 | -19,328 | -22,494 | 54,466 | -13,576 | -25,723 | -10,604 | -7,979 | -994 | -39,358 | 8,122 | -1,887 | ||
| 0 | 0 | 1,454 | 0 | -30,000 | 30 | 1,028 | 7,414 | 50,255 | 1,288 | 97,316 | 30,149 | 413,357 | ||
| - | - | -10,898 | -23,503 | 52,317 | 22 | -3,751 | 3,364 | - | - | - | -8,480 | - | ||
| -121,410 | -117,170 | -103,194 | -82,412 | -59,918 | -144,384 | -130,778 | -104,027 | -86,010 | -29,064 | -26,782 | 4,729 | 5,756 | ||
| 47.3% | 50.8% | 53.6% | 55.8% | 58.9% | 54.3% | 57.7% | 64.1% | 68.1% | 77.1% | 77.6% | 94.1% | 98.1% | ||
| 0.04 | 0.00 | 0.15 | 0.38 | 0.55 | 0.00 | 0.05 | 0.04 | 0.03 | 0.10 | 0.10 | 2.22 | 1.74 | ||
| 1.11 | 0.97 | 0.86 | 0.79 | 0.70 | 0.84 | 0.73 | 0.56 | 0.47 | 0.30 | 0.29 | 0.06 | 0.02 | ||
| -10.4% | -14.1% | -14.6% | -13.9% | 12.5% | -10.8% | -13.8% | -7.7% | -6.3% | -0.3% | -11.8% | -0.9% | -4.6% | ||
| -4.9% | -7.2% | -7.8% | -7.8% | 7.4% | -5.9% | -8.0% | -4.9% | -4.3% | -0.2% | -9.2% | -0.8% | -4.6% | ||
| -47.10 | -98.83 | -59.03 | -176.44 | over 100 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,454 | - | - |
| €15,432 | €15,512 | €15,474 | €15,468 | €15,621 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Several financial years end in the same calendar year, so there is no annual trend.
Debt's share of the balance-sheet total rises from 49.2% to 52.7%. Equity is lower and debt is higher.
MAYCOM has no parent and no holdings in its annual accounts. is the only director. MAYCOM shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Place Reine-Astrid 8 registered office 5500 Dinant 55100 Hotels and similar accommodation | 20-06-2013 | 2.220.699.885 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 91034G0179/00F000 | 153 m² | 1 · 68 m² | 17.8 m · 5 |
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