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TruxMax

Active
Private limited companyfounded 20241 yr activeKoning Boudewijnlaan 20, 3500 Hasselt, BelgiumKBO/BCE: BE 1016.223.963
Summary

TruxMax has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €257,842 and a net result of €257,315. Its solvency ranks better than 37% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability99▲+99
Solvency49▲+11
Growth78
Track record82
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24; short-term debt: 75.5% and cash: 17.9% of total assets), and 75.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 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
24.5%
Return on assets
24.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
27 d late
2024
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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
28-09-2026 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

TruxMax was incorporated on 14 November 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€257,842▲ 48,831%
2024 · €527
Total assets
€1.1m▲ 25,850%
2024 · €4,058
Net result
€257,315
2024 · -€3,073
Working capital
€194,058▲ 36,727%
2024 · €527
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20242025
Operating result-€3,073-€257,801
Net result-€3,073within the sector's middle half-€257,315above the sector's middle half
Equity€527below the sector's middle half-€257,842above the sector's middle half▲ 48,831%
Total assets€4,058below the sector's middle half-€1.1mabove the sector's middle half▲ 25,850%
Debt€3,531-€795,311▲ 22,421%
Working capital€527within the sector's middle half-€194,058above the sector's middle half▲ 36,727%
Solvency24.5%within the sector's middle half
Current ratio1.24within the sector's middle half
Return on assets (ROA)24.4%above the sector's middle half
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2024: -€3,073-€3,073Net result 2024: -€3,073-€3,073Operating result 2025: €257,801€257,801Net result 2025: €257,315€257,31520242025-€100,000€0€100,000€200,000€300,000Operating result 2024: -€3,073-€3,070Net result 2024: -€3,073-€3,070Operating result 2025: €257,801€258,000Net result 2025: €257,315€257,00020242025
The operating result returns to profit in 2025: €257,801 after a loss of €3,073 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €63,784
Current assets €989,369
Equity and liabilities €1.1m
Equity €257,842 ▲ 48,831%
Debt €795,311 ▲ 22,421%
Debt's share of the balance-sheet total falls from 87.0% to 75.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€264,056
Cash flow
€263,571
Quick ratio
0.62
Debt to equity
3.08
ROE
99.8%
Interest coverage
530.10
Debt ≤ 1 year
€795,311▲
2024 · €3,531
Staff costs
€826
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 117 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 98% are still going.

  • Small
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
0% stopped otherwise
98% still going

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,662 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% 1.7%
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 75% 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 117 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 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,058€1.1m▲
Fixed assets21/28-€63,784
Tangible fixed assets22/27-€63,784
Furniture and vehicles24-€63,784
Current assets29/58€4,058€989,369▲
Stocks and contracts in progress3-€500,250
Stocks30/36-€500,250
Amounts receivable within one year40/41€458€300,795▲
Other amounts receivable41€458€300,795▲
Cash at bank and in hand54/58€3,600€188,324▲
Equity and liabilities
Total equity and liabilities10/49€4,058€1.1m▲
Equity10/15€527€257,842▲
Contributions10/11€3,600€3,600=
Profit (loss) carried forward14-€3,073€254,242▲
Amounts payable17/49€3,531€795,311▲
Amounts payable within one year42/48€3,531€795,311▲
Trade debts44€3,531€795,311▲
Suppliers440/4€3,531€795,311▲
Income statement Code20242025
Remuneration, social security and pensions62-€826
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,256
Other operating charges640/8-€2,267
Gross operating margin9900-€3,073€267,149▲
Operating profit (loss)9901-€3,073€257,801▲
Financial income75/76B-€12
Recurring financial income75-€12
Financial charges65/66B-€498
Recurring financial charges65-€498
Profit (loss) for the period before taxes9903-€3,073€257,315▲
Profit (loss) for the period9904-€3,073€257,315▲
Profit (loss) for the period to be appropriated9905-€3,073€257,315▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,073€254,242▲
Profit (loss) brought forward from the previous period14P--€3,073

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€826-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6,256-
Other operating charges640/8-€2,267-
Gross operating margin9900-€3,073€267,149▲ 8,793%
Operating profit (loss)9901-€3,073€257,801▲ 8,489%
Financial income75/76B-€12-
Recurring financial income75-€12-
Financial charges65/66B-€498-
Recurring financial charges65-€498-
Profit (loss) for the period before taxes9903-€3,073€257,315▲ 8,473%
Profit (loss) for the period9904-€3,073€257,315▲ 8,473%
Profit (loss) for the period to be appropriated9905-€3,073€257,315▲ 8,473%
Line20242025Change
Assets
Total assets20/58€4,058€1.1m▲ 25,850%
Fixed assets21/28-€63,784-
Tangible fixed assets22/27-€63,784-
Furniture and vehicles24-€63,784-
Current assets29/58€4,058€989,369▲ 24,279%
Stocks and contracts in progress3-€500,250-
Stocks30/36-€500,250-
Amounts receivable within one year40/41€458€300,795▲ 65,529%
Other amounts receivable41€458€300,795▲ 65,529%
Cash at bank and in hand54/58€3,600€188,324▲ 5,131%
Equity and liabilities
Total equity and liabilities10/49€4,058€1.1m▲ 25,850%
Equity10/15€527€257,842▲ 48,831%
Contributions10/11€3,600€3,600=
Profit (loss) carried forward14-€3,073€254,242▲ 8,373%
Amounts payable17/49€3,531€795,311▲ 22,421%
Amounts payable within one year42/48€3,531€795,311▲ 22,421%
Trade debts44€3,531€795,311▲ 22,421%
Suppliers440/4€3,531€795,311▲ 22,421%
Line20242025Change
Profit (loss) for the period9904-€3,073€257,315▲ 8,473%
+ Depreciation and write-downs630-€6,256-
Operating cash flow (approximation)-€3,073€263,571▲ 8,677%
Change in cash-€184,724-

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
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial Back to profitnet €257,315
Net result €257,315 after one loss-making year.
31-12
Financial Equity above €200,000Eq €257,842 ▲48,831%
Equity rises from €527 to €257,842.
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Hasselt · 1 establishment unit since 2024
seat establishment approximate The establishment unit on the map
Ground area
6,122 m²
Parcel 71323C0155/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
TruxMax BV
Koning Boudewijnlaan 20, 3500 HasseltNACE 45111
since 20242.366.927.979
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0155/00H002 Flanders 6,122 m² - -
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.

Similar companies · same sector, comparable size

Of 2,129 companies in sector 46711 we hold annual accounts for 1,130. 732 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
46713Wholesale trade
Contact
Website www.truxmax.euHasselt
E-mail sylvia@paxtrucks.euHasselt
E-invoicing
Reachable via Peppol
Peppol ID 0208:1016223963
Also 9925:BE1016223963
Registered 06-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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