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Complete company report
Generated 18-08-2026
Active BE 0882.349.612Private limited company (pre-2019)Open bankruptcy

MAX TRADE

Cassiersstraat 65 ·2060 Antwerpen, Belgium· 20 yrs active
Sector: Algemene elektrotechnische installatiewerken (43211)
Conclusion Checked

A bankruptcy procedure is open for MAX TRADE according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2021 annual accounts show equity of €39k and a net result of €21k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €39k
Net result €21k
Better than sector 82%
Active 20 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health12Profitability100Solvency100Growth32Stability0
49 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 12
Profitability 100
Solvency 100
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
53 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
· 1 administrative flag (+3)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags1 events
Late accounts filing
Health barometer FY 2021 · computed
12 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2021 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 27-12-2021 with the NBB · fiscal year 2021 · micro
€-10k€0€10k€20kNet result 2020: €22k€22kOperating result 2021: €-1k€-1kNet result 2021: €21k€21k20202021
Operating resultNet result
Sector comparison
Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 66.1% 36.2%
better than 82% of 3660 sector peers
Net result €-1k €11k
better than 17% of 3652 sector peers
Equity €39k €26k
better than 62% of 3665 sector peers
Gross operating margin €327 €31k
better than 10% of 3652 sector peers
Total assets €59k €87k
better than 36% of 3661 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Net profit
€21k
-6.7% 20-21
Total assets
€59k
-0.6% 20-21
Equity
€39k
-3.6% 20-21
Working capital
€33k
-5.1% 20-21
Debt
€20k
+5.9% 20-21
Debt ≤ 1y
€20k
+5.9% 20-21
Current ratio
2.65
-6.7% 20-21
Quick ratio
2.65
-6.7% 20-21
Show 3 other metrics
Solvency
66.1%
-3.0% 20-21
ROE
52.4%
-3.2% 20-21
ROA
34.7%
-6.1% 20-21
Figures by fiscal year
Fiscal year2021
Depositmicro
Revenue-
EBITDA-
Net profit€21k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€59k
Equity€39k
Debt€20k
of which ≤ 1y€20k
of which > 1y-
Working capital€33k
Employees (FTE)-
Ratios (computed)
2021
Current ratio2.65
Quick ratio2.65
Working capital ratio55.9%
Solvency66.1%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA34.7%
ROE52.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2021
Full annual accounts (16 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2021
Balance sheet, Assets
TOTAL ASSETS 20/58€59k
Fixed assets 21/28€6k
Tangible fixed assets 22/27€6k
Current assets 29/58€53k
Amounts receivable within one year 40/41€53k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€59k
Equity 10/15€39k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€21k
Amounts payable 17/49€20k
Amounts payable within one year 42/48€20k
Income statement
Gross operating margin 9900€327
Operating result 9901€-1k
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • BECKFORD DANIEL
    Director
    State Gazette act 25108090 (26-08-2025)
    Current
    01-04-2025 → present
Former directors (1)
  • Setti Hasan
    Director
    State Gazette act 25108090 (26-08-2025)
    Former
    - → 31-03-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator KRISTIAAN CALUWAERTS
POTVLIETLAAN 4, 2600 01 ANTWERPEN/BERCHEM
 26-03-2026 → present Belgian State Gazette
Legal Structure
NACE primary Algemene elektrotechnische installatiewerken(43211)
Legal form Private limited company (pre-2019)(015)
Incorporation06-07-2006
StatusActive
Postal code2060
First BS signal 01-04-2026
Latest BS signal 01-04-2026
Establishment units 1 location
MAX TRADE - SETTICOM ELECTRO
Glasstraat 17, 2170 AntwerpenGroothandel in dranken
since 20062.157.307.813
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11422C0276/00F003 Flanders 1.8 ha 1 · 2,339 m² 8.8 m · 2 fl.
11807G1298/00A005 Flanders 286 m² 1 · 169 m² 15.0 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
03-04-2026
KBO administration Late accounts filing
01-04-2026
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · MAX TRADE BVBA CASSIERS- STRAAT 65, 2060 ANTWERPEN 6 · event 26-03-2026
2025
26-08-2025
State Gazette act Capital & shares
MAX TRADE
2021
27-12-2021
NBB filing Annual accounts filed
fiscal year 2021 · micro
13-12-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
22-02-2021
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
12-02-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2016
28-11-2016
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2014
24-12-2014
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2013
13-11-2013
NBB filing Annual accounts filed
fiscal year 2013 · verkort
2012
30-10-2012
NBB filing Annual accounts filed
fiscal year 2012 · verkort
2011
31-10-2011
NBB filing Annual accounts filed
fiscal year 2011 · verkort
2010
25-10-2010
NBB filing Annual accounts filed
fiscal year 2010 · verkort
Lifecycle & Insolvency Signals2 events
03-04-2026
KBO administration Late accounts filing
 · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 26-03-2026 to 03-04-2026.

Available in Kantoor S. See plans →
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-04-01 · Bankruptcy · Opening2026-04-03 · KBO administration · Late accounts filing
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 2 acts read

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.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
26-08-2025
Capital change
All acts · 1 updated 11 months ago
2025
26-08-2025 All shares are now held by a single shareholder Capital & shares·MAX TRADE
Notary: MAX TRADE · Antwerpen
Technical details 
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      "share_emission": {
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  "notary": {
    "name": "MAX TRADE",
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-08-26",
    "filing_date": "2025-08-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2025-08-13",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-03-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0882.349.612",
    "name_full": "Antwerpen, afd. Antwerpen",
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}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Elektrische installatie45310
Primary activity highlighted.
Names & trade names
Legal nameNL MAX TRADE
Registered office
Cassiersstraat 65
2060 Antwerpen, Belgium
Registration history
  1. 03-04-2026 Late accounts filing
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative