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VanMax Multiwork

Active
Private limited companyfounded 2021active for 4 yearsKBO/BCE: BE 0778.395.504
Summary

The computed 12-month bankruptcy probability of VanMax Multiwork is at least 25% (high). For VanMax Multiwork, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€1,208) and a net result of -€5,590. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 15 October 2026.

Equity
-€1,208
2022 · €4,382
Total assets
€36,043▲ 281%
2022 · €9,451
Net result
-€5,590
2022 · €1,882
Working capital
-€4,185
2022 · €580
Trend over the years

2022 to 2023, 2 financial years

The operating result turns negative in 2023: a loss of €5,590 after €2,819 in 2022.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€5,590 2023 Net result-€5,590 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20222023
Operating result€2,819--€5,590
Net result€1,882--€5,590
Equity€4,382--€1,208
Total assets€9,451-€36,043▲ 281%
Debt€5,069-€37,251▲ 635%
Working capital€580--€4,185
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €36,043
Fixed assets €2,977 ▼ 21.7%
Current assets €33,066 ▲ 485%
Equity and liabilities
Equity-€1,208
Debt€37,251
Equity is negative: debt (€37,251) exceeds the balance-sheet total (€36,043).
Key figures and ratios
2023 value · change against 2022
EBITDA
-€4,765▼
2022 · €3,644
Cash flow
-€4,765▼
2022 · €2,707
Solvency
-3.4%▼
2022 · 46.4%
Current ratio
0.89▼
2022 · 1.11
ROA
-15.5%▼
2022 · 19.9%
Debt ≤ 1 year
€37,251▲
2022 · €5,069
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 37 lines
Balance sheet Code20222023
Assets
Total assets20/58€9,451€36,043▲
Fixed assets21/28€3,802€2,977▼
Tangible fixed assets22/27€3,802€2,977▼
Furniture and vehicles24€3,802€2,977▼
Current assets29/58€5,649€33,066▲
Amounts receivable within one year40/41€1,393€33,010▲
Trade receivables40€521€32,730▲
Other amounts receivable41€872€280▼
Cash at bank and in hand54/58€4,256€56▼
Equity and liabilities
Total equity and liabilities10/49€9,451€36,043▲
Equity10/15€4,382-€1,208▼
Contributions10/11€2,500€2,500=
Capital10€2,500-
Issued capital100€2,500-
Profit (loss) carried forward14€1,882-€3,708▼
Amounts payable17/49€5,069€37,251▲
Amounts payable within one year42/48€5,069€37,251▲
Trade debts44€2,856€16,466▲
Suppliers440/4€2,856€16,466▲
Taxes, remuneration and social security45€708-
Taxes450/3€708-
Other amounts payable47/48€1,505€20,785▲
Income statement Code20222023
Remuneration, social security and pensions62€21,055-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€825€825=
Other operating charges640/8€108€3,371▲
Gross operating margin9900€24,806-€1,394▼
Operating profit (loss)9901€2,819-€5,590▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€230-
Recurring financial charges65€230-
Profit (loss) for the period before taxes9903€2,590-€5,590▼
Income taxes67/77€708-
Profit (loss) for the period9904€1,882-€5,590▼
Profit (loss) for the period to be appropriated9905€1,882-€5,590▼
Appropriation of the result
Profit (loss) to be appropriated9906€1,882-€3,708▼
Profit (loss) brought forward from the previous period14P-€1,882

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Remuneration, social security and pensions62€21,055--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€825€825=
Other operating charges640/8€108€3,371▲ 3,021%
Gross operating margin9900€24,806-€1,394-
Operating profit (loss)9901€2,819-€5,590-
Financial income75/76B€1--
Recurring financial income75€1--
Financial charges65/66B€230--
Recurring financial charges65€230--
Profit (loss) for the period before taxes9903€2,590-€5,590-
Income taxes67/77€708--
Profit (loss) for the period9904€1,882-€5,590-
Profit (loss) for the period to be appropriated9905€1,882-€5,590-
Line20222023Change
Assets
Total assets20/58€9,451€36,043▲ 281%
Fixed assets21/28€3,802€2,977▼ 21.7%
Tangible fixed assets22/27€3,802€2,977▼ 21.7%
Furniture and vehicles24€3,802€2,977▼ 21.7%
Current assets29/58€5,649€33,066▲ 485%
Amounts receivable within one year40/41€1,393€33,010▲ 2,269%
Trade receivables40€521€32,730▲ 6,177%
Other amounts receivable41€872€280▼ 67.9%
Cash at bank and in hand54/58€4,256€56▼ 98.7%
Equity and liabilities
Total equity and liabilities10/49€9,451€36,043▲ 281%
Equity10/15€4,382-€1,208-
Contributions10/11€2,500€2,500=
Capital10€2,500--
Issued capital100€2,500--
Profit (loss) carried forward14€1,882-€3,708-
Amounts payable17/49€5,069€37,251▲ 635%
Amounts payable within one year42/48€5,069€37,251▲ 635%
Trade debts44€2,856€16,466▲ 477%
Suppliers440/4€2,856€16,466▲ 477%
Taxes, remuneration and social security45€708--
Taxes450/3€708--
Other amounts payable47/48€1,505€20,785▲ 1,281%
Line20222023Change
Profit (loss) for the period9904€1,882-€5,590-
+ Depreciation and write-downs630€825€825=
Operating cash flow (approximation)€2,707-€4,765-
Investment in fixed assets (approximation)-€0-
Change in cash--€4,200-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2023 micro format 23-10-2024 2024-00512285
31-12-2022 micro format 02-08-2023 2023-00320497

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.