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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).

Overview

Activity
Activity not known1 site
Size
€36,043total assets 2023
Equity
-€1,208
Loss
-€5,590
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
≥ 25%
2023 figures too old to score
Structure
Accounts 441 days overdue1 of 5 deeds read
Signalsraises riskFigures for financial year 2023 (filed 23-10-2024)2 financial years not filed after the legal deadline; latest accounts 84 days late; 1 of the last 3 lateEx-officio strike-off in the KBO1 change of registered office in 24 monthsTwo or more financial years not filedAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency 22-49
equity -3.4% of total assets
Liquidity 0-73
short-term debt 103.4% · cash 0.2%
Profitability 0-94
return on assets -15.5%
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 9.6%lowest value 12-2024: 9.6%● unchanged vs 11-2024lowest value 01-2025: 9.6%● unchanged vs 12-2024lowest value 02-2025: 9.6%● unchanged vs 01-2025lowest value 03-2025: 10.1%▲ +0.5 percentage points vs 02-2025 04-2025: 11.4%▲ +1.3 percentage points vs 03-2025 05-2025: 11.7%▲ +0.3 percentage points vs 04-2025 06-2025: 12.6%▲ +0.9 percentage points vs 05-2025 07-2025: 17.6%▲ +5.0 percentage points vs 06-2025 08-2025: 18.0%▲ +0.4 percentage points vs 07-2025 09-2025: 18.2%▲ +0.2 percentage points vs 08-2025 10-2025: ≥ 25%▲ +17.3 percentage points vs 09-2025 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: ≥ 25%● unchanged vs 11-2025highest value 01-2026: ≥ 25%● unchanged vs 12-2025 02-2026: ≥ 25%● unchanged vs 01-2026 03-2026: ≥ 25%● unchanged vs 02-2026 04-2026: ≥ 25%● unchanged vs 03-2026 05-2026: ≥ 25%● unchanged vs 04-2026 06-2026: ≥ 25%● unchanged vs 05-2026 07-2026: ≥ 25%● unchanged vs 06-2026 08-2026: ≥ 25%● unchanged vs 07-2026 09-2026: ≥ 25%● unchanged vs 08-2026 10-2026: ≥ 25%● unchanged vs 09-2026
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Signals

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2023 (filed 23-10-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; latest accounts 84 days late; 1 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-10-2024, 84 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
84 days late
2022
2 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 43 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Address struckKBO administration
  2. Resignation: Sven Peeters Transport BV (director)Permanent representative: Kristof Hernou ·…
  3. Annual accounts filedfinancial year 2023 · micro…

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.

Directors

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 9 December 2021, VanMax Multiwork was incorporated as a private limited company.1 In 2025 the registered office moved to Blankenberge.2 The company has filed 2 sets of annual accounts, the latest for financial year 2023.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-06-2025
  3. 3National Bank, annual accounts 2023

Acts, filings and financial milestones

2025
29-09
KBO administration Address struck
02-06
Gazette deed Resignation: Sven Peeters Transport BV (director)
Permanent representative: Kristof Hernou · Appointment: Belgian Royal Beverages (director) · Share transfer9 facts ▸
  • General meeting, 15-12-2024
  • Share transfer, Sven Peeters Transport BV
  • Director resignation, Sven Peeters Transport BV (director)
  • Permanent representative, Kristof Hernou (2 times)
  • Director discharge, Sven Peeters Transport BV
  • Director discharge, Belgian Royal Beverages
  • Director appointment, Belgian Royal Beverages (director)
  • Declaration, “aanvaarding benoeming en herbenoeming, aanvaardt” (deed in Dutch)
  • Registered-office move, Molenstraat 52 - 8370 Blankenberge
2024
23-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 84 days late
2023
02-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 2 days late
SignalGazette deedNBB filing
1 of 5 deeds read
About the unread acts

Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded09-12-2021
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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

Register as of 15 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
2,127 m²
Building footprint
752 m²
Building volume
3,958 m³
2 parcels, Flanders · tallest building 18.8 m. Linked by address, not a title deed.
1 establishment unit
VanMax Multiwork
Bakkerstraat (GRE) 135, 9200 DendermondeGeneral construction of residential buildings
since 2021unit no. 2.324.997.651
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
42007B0803/00P000 Flanders 2,016 m² 1 · 641 m² 8.8 m · 2
31602A0520/00B000 Flanders 112 m² 1 · 112 m² 18.8 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.