Profmax
ActiveSummary
Profmax has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55,111 and a net result of €41,647. Its solvency ranks better than 62% of 9,316 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
- Staff
- 1 FTE
- Equity
- €55,111
- Profit
- €41,647
Why 73raises riskFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 2.86, cash €47,115Equity €55,111 (55.0% of total assets)Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 63% on solvency, 91% on liquidity, 91% on profitability and 95% on growth.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 75 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity doublescurrent ratio 2.86
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 176% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9,953 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €416 | €7,784 | ▲ 19× |
| Other operating charges640/8 | €1,043 | €739 | ▼ 29.1% |
| Gross operating margin9900 | €21,311 | €73,307 | ▲ 244% |
| Operating profit (loss)9901 | €19,852 | €54,830 | ▲ 176% |
| Financial income75/76B | €160 | €112 | ▼ 30.1% |
| Recurring financial income75 | €160 | €112 | ▼ 30.1% |
| Financial charges65/66B | €213 | €2,305 | ▲ 981% |
| Recurring financial charges65 | €213 | €2,305 | ▲ 981% |
| Profit (loss) for the period before taxes9903 | €19,799 | €52,637 | ▲ 166% |
| Income taxes67/77 | €5,335 | €10,990 | ▲ 106% |
| Profit (loss) for the period9904 | €14,464 | €41,647 | ▲ 188% |
| Profit (loss) for the period to be appropriated9905 | €14,464 | €41,647 | ▲ 188% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €55,254 | €100,267 | ▲ 81.5% |
| Fixed assets21/28 | €1,321 | €29,767 | ▲ 23× |
| Tangible fixed assets22/27 | €1,321 | €29,767 | ▲ 23× |
| Furniture and vehicles24 | €1,321 | €1,610 | ▲ 21.9% |
| Leasing and similar rights25 | - | €28,157 | - |
| Current assets29/58 | €53,934 | €70,500 | ▲ 30.7% |
| Stocks and contracts in progress3 | €129 | €0 | ▼ 100% |
| Stocks30/36 | €129 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €3,257 | €21,892 | ▲ 572% |
| Trade receivables40 | €1,081 | €19,651 | ▲ 18× |
| Other amounts receivable41 | €2,176 | €2,241 | ▲ 3.0% |
| Cash at bank and in hand54/58 | €50,375 | €47,115 | ▼ 6.5% |
| Deferred charges and accrued income490/1 | €173 | €1,493 | ▲ 764% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €55,254 | €100,267 | ▲ 81.5% |
| Equity10/15 | €16,464 | €55,111 | ▲ 235% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €14,464 | €53,111 | ▲ 267% |
| Distributable reserves133 | €14,464 | €53,111 | ▲ 267% |
| Profit (loss) carried forward14 | - | €0 | - |
| Amounts payable17/49 | €38,790 | €45,156 | ▲ 16.4% |
| Amounts payable after more than one year17 | - | €20,072 | - |
| Financial debts170/4 | - | €20,072 | - |
| Amounts payable within one year42/48 | €38,267 | €24,627 | ▼ 35.6% |
| Current portion of amounts payable after more than one year42 | - | €5,902 | - |
| Trade debts44 | €4,111 | €9,449 | ▲ 130% |
| Suppliers440/4 | €4,111 | €9,449 | ▲ 130% |
| Advances received on contracts in progress46 | €28,377 | €4,000 | ▼ 85.9% |
| Taxes, remuneration and social security45 | €5,111 | €5,266 | ▲ 3.0% |
| Taxes450/3 | €2,911 | €3,066 | ▲ 5.4% |
| Remuneration and social security454/9 | €2,200 | €2,200 | = |
| Other amounts payable47/48 | €669 | €10 | ▼ 98.6% |
| Accrued charges and deferred income492/3 | €523 | €457 | ▼ 12.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,464 | €41,647 | ▲ 188% |
| + Depreciation and write-downs630 | €416 | €7,784 | ▲ 19× |
| Operating cash flow (approximation) | €14,880 | €49,431 | ▲ 232% |
| Investment in fixed assets (approximation) | - | -€36,231 | - |
| Change in cash | - | -€3,260 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 06-01-2026 | 2026-00004628 |
| 30-09-2024 | micro format | 25-03-2025 | 2025-00057655 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| MICHALCZEWSKI Seweryn Julian |
|
Owners and capital
Capital and shareholders
- MICHALCZEWSKI Seweryn Julian founder
- MICHALCZEWSKA Marietta founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 23-10-2023 Incorporation · €2,000 · 20 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Profmax was incorporated on 19 October 2023 as a private limited company by two natural persons, with a starting capital of €2,000.12 Since 2023, MICHALCZEWSKI Seweryn Julian has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Acts, filings and financial milestones
23-10
Gazette deed
IncorporationAppointment: MICHALCZEWSKI Seweryn Julian (director) · Permanent representative: MICHALCZEWSKI Seweryn Julian · Founder8 facts ▸
- Incorporation, 17-10-2023
- Founder, MICHALCZEWSKI Seweryn Julian
- Founder, MICHALCZEWSKA Marietta
- Founding capital, €2,000
- Board rule, 1, “vergadering beslist om één bestuurder te benoemen” (deed in Dutch)
- Director appointment, MICHALCZEWSKI Seweryn Julian (director (not named in the articles))
- Permanent representative, MICHALCZEWSKI Seweryn Julian
- Pre-incorporation commitments, “verbintenissen uit het verleden, oprichters” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1001.385.735
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13003A0994/00N000 | Flanders | 1,235 m² | 1 · 104 m² | 7.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Algemene aannemingen; Het uitvoeren van beton-,metsel- en voegwerken; Het waterdicht maken van daken en dakterrassen; Het plaatsen van…” (deed in Dutch)
57 activities (deed in Dutch)
- Algemene aannemingen
- Het uitvoeren van beton-,metsel- en voegwerken
- Het waterdicht maken van daken en dakterrassen
- Het plaatsen van dakgoten en regenafvoerbuizen
- Het plaatsen van dakbedekking met alle mogelijke materialen
- Het bouwen en herstellen van daken
- Overige werkzaamheden in verband met de afwerking van gebouwen
- Het plaatsen van vloer- en wandbekleding met alle mogelijke materialen
- Riolerings- en bestratingswerken
- Montage van buiten- en binnen schrijnwerk van hout,metaal,kunststof of andere materialen
- Het monteren van deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichting,en aanverwante zaken
- Het installeren van,al dan niet verplaatsbare,tussenwanden,het bekleden van wanden,en aanverwante zaken,met alle mogelijke materialen
- Het optrekken van de ruwbouw van residentiële en niet-residentiële gebouwen
- Projectontwikkeling voor de nieuwbouw van residentiële en niet-residentiële gebouwen
- Renovatiewerkzaamheden aan residentiële en niet-residentiële gebouwen
- Het uitvoeren van alle grondwerken
- Het ontwerpen en het realiseren van binnenhuisinterieurs
- Het uitvoeren van schilder- en behangwerken
- Het uitvoeren van stukadoorwerken
- Het uitvoeren van gyprocwerken
- Het uitvoeren van elektriciteitswerken
- Het installeren van klimatisatie en ventilatie
- Het installeren van verwarmingsinstallaties,klimaatregeling en ventilatie
- Het installeren van apparatuur en leidingen voor verwarming,ventilatie,koeling en klimaatregeling in residentiële en niet-residentiële gebouwen
- Het uitvoeren van isolatiewerkzaamheden
- Het uitvoeren van loodgieterswerk
- Het installeren van garagepoorten,luiken,zonneblinden,traliewerk,hekken,en aanverwante zaken in metaal,hout,kunststof of andere materialen
- Schrijnwerkerij en meubelmakerij in de ruimste zin van het woord
- Het vervaardigen en monteren van constructiewerken in metaal of andere materialen,voor industriële uitrustingen
- Het vervaardigen en het plaatsen van geprefabriceerde gebouwen en constructies of delen daarvan
- Tuinonderhoud
- Tuinaanleg
- Nationaal en internationaal vervoer onder alle vormen van alle goederen
- Nationaal en internationaal vervoer van personen
- De exploitatie van taxis en overige vervoer van personen
- Verhuizingen in binnen- en buitenland
- Pakjesdienst
- Groot- en kleinhandel,in- en uitvoer in bouwproducten en bouwmaterialen,vloeren,tegels,ijzerwaren,sanitaire artikelen,verwarmingstoestellen en toebehoren,brandstoffen,hout,kunststofartikelen,machines en gereedschappen,elektrische materialen en doe-het-zelf artikelen
- Productie van bouwmaterialen en aanverwante producten
- Het vervoer van materialen
- Groot- en kleinhandel,in- en uitvoer,verhuur en lease van machines en gereedschappen
- Webshop
- Uitbating van een traiteurszaak
- Uitbating van een foodtruck
- De verkoop van voedingsmiddelen en dranken met of zonder bediening
- Uitbating van een frituur,broodjesbar met of zonder bediening
- Uitbating van een restaurant met of zonder bediening
- Uitbating van een café met of zonder bediening
- Reinigen van gebouwen na beëindiging van de bouwwerkzaamheden
- Het reinigen,het onderhoud,het desinfecteren van alle meubels en diverse voorwerpen alsook van alle commerciële of industriële lokalen,burelen,alsook het reinigen van ruiten
- Algemene reiniging van gebouwen,industriële reiniging,inclusief reiniging van gevels
- Reiniging na calamiteiten (kleine brand,waterschade),reiniging na overlijden (crime scene cleaning)
- Algemene schoonmaak van bedrijfsgebouwen en kantoren
- Opruiming van de inhoud van huizen
- Activiteiten van gezins- en bejaardenzorg aan huis
- Het aan- en verkopen van onroerende goederen
- Het verwerven en vervreemden,het beheren,het uitbaten,het valoriseren,het huren of verhuren,het verkavelen,het (doen) bouwen of verbouwen,het procureren van onroerende goederen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Profmax
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)“2490 Balen, Oude Molsebaan 19” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of February at 19:00